NRI New Property |09999620966| NRI New Venture Banaglore

NRI’s new properties are the high-end property which has complete luxurious facilities and top notch amenities with specification which defines your dream luxurious home. RMZ Galleria is the High end property which defines the NRI’s needs and luxury. RMZ Corp takes immense pleasure to announce “RMZ GALLERIA”, which is located strategically in the hot-belt of Bangalore North, at Yelahanka. RMZ Galleria is a multi-asset development spread across 11 acres of landscapes, out of which 3.88 acres has been carved for the Residential development. RMZ Galleria homes will be embody the concept of a comfort and premium living with the accessibility to top notch club facilities and other amenities like Lounge, Café Studio, Concierge, Deck, Water Features, Dining Pavilion, Aquatic Pool, Pedestrian Entry to Mall, Ramps to Basements, Gas Bank, Library and Cards Room, Spa – Steam and Sauna, Multipurpose Hall, Swimming Pools with Kid’s Pool, Gardens, Intercom Between Flats and many more… RMZ Galleria has 4 Towers - Sienna, Amber, Coral and Citrine with Ground and 18 Floors above, housing 322 fine homes. Sienna and Citrine will have 5 homes on each floor and Amber and Coral will have 4 homes on each floor. On the Ground Floor of each Tower, there will be thoughtfully designed homes, sensitive to the needs of the elderly. In RMZ Galleria the homes are designed keeping in mind functionality and efficiency of the large spaces with a good element of lighting. RMZ Corp ensures a strict timeline and a reliable project they will be using MIVAN construction technique.

About Affinity Solution:

Affinity Solutions the fastest growing property consultancy firm in India was established with the mission to connect relevant buyers and sellers of real estate , massively increasing the propensity of transactions. Since 1996, Affinity Solutions is providing you the gratifying services in the field of Real Estate Consultancy in various zones of India – Mumbai, Kolkata, Bangalore, Delhi/NCR, Pune, Chennai, Hyderabad,Ahmedabad, Chandigarh and also the other major cities as well. Affinity Solutions take pride and are yet humbled to be one of "The Leading Real Estate consultancy Firms in India" and take pleasure in representing some of the most "Premium and Up-market Properties" in India. A unique combination of sector knowledge and entrepreneurial flair gives clients access to real estate expertise of the highest caliber. Affinity Solution is committed to help its clients make wise and profitable decisions relating to buying, selling, and leasing of properties in India.AFFINITY SOLUTION (P) LTD is one of the leading Real Estate Consultant associated with all the foremost brands of Indian Real Estate developer like – Rmz corp, DLF, Total Environment, Mantri developers, Prestige Group, Sobha Developer, B. Raheja, K Raheja Corp, G. Corp, Hiranandani Upscale, Siroya Constructions, mantri, Embassy Group, NCC Urban, Unitech, Sunteck group, Umiya group etc.

PMC lowers tax on new properties

PUNE: Citizens who have purchased 'new properties' — those constructed after April 1, 2005 — will receive lower property tax bills in the current financial year.

Also, the excess amount they had paid towards property tax during the last two financial years — 2005-2006 and 2006-2007 — will be adjusted in the new bills.

In a significant move, the civic general body (GB) on Friday resolved to scale down the rate for calculating the annual rateable value (ARV) of new properties to Rs 2.25 per sq. ft. from Rs 2.60 per sq. ft.

Since property tax is collected as a percentage of the ARV, the reduction in rate is expected to result in a fall by up to 10 per cent in property tax for residential areas.

ARV of new properties cut

PUNE: In an attempt to provide relief to owners of owners of new properties in the city, the civic standing committee on Tuesday reduced the upper limit of rates for calculating the annual rateable value (ARV) to Rs 2.25 per square feet from Rs 2.60 per square feet.

Since property tax is collected as a percentage of ARV, the reduction in rate is expected to result in a fall of about 10 per cent in property tax for residential areas.

The NCP, Shiv Sena and the BJP joined hands to support the new rates and also claimed to have scrapped the ready reckoner method for calculating the rates for new properties.

However, though the five zones that were formulated for calculating property tax rates under the ready reckoner method were scrapped, the three parties have proposed to formulate 700 zones of the city as a base for calculating taxes.

Leader of the house Anil Bhosale (NCP) told reporters that the new 35,000 properties that have been assessed between 2005 and 2007 will be provided with an amnesty scheme, wherein the higher tax payment made by them in the last two years will be adjusted in the new bills.

"New property owners were unjustly burdened with high rates due to the ready reckoner method in the last two years, which we have scrapped," leader of opposition Vikas Mathkari (BJP) said.

When asked what was the basis of formulating the 700 zones, the committee members failed to provide a satisfactory answer.

Deputy commissioner Dnyandeo Thube, incharge of tax assessment and tax collection department, said the market rates have been considered while fixing the rates for the 700 zones, but failed to provide details about the zones.

Thube said institutions registered as charitable institutions will also be given concession in property tax.

The Congress members in the standing committee strongly condemned the move, stating that it was just another stunt by the three parties to show that they have provided relief to citizens.

"In fact, they have just scrapped the ready reckoner method on paper. The new rates proposed by them are not going to make a big difference. We (Congress) had proposed an amendment to fix rates based on the 2004-05 rates, but they did not accept the amendment," leader of Congress party in PMC, Ulhas alias Aba Bagul, said.