Seeking to increase its kitty, the government has proposed a steep hike of 160 times in stamp duty for leave-and-licence agreements for residential and commercial properties. The government has proposed 0.1% stamp duty on the market value of the residential property, or 1% of the premium plus average annual rent (deposit) paid (whichever is higher) for up to 36 months.
For commercial lease agreements, the duty for 60 months would be 0.4% of the property value. The maximum stamp duty payable now for commercial premises is Rs 50,000 for 60 months and Rs 25,000 for 60 months for residential ones.
For individual leases between 36 and 60 months, the rate proposed is 0.2% of the market value of the residential property or 2% of the premium, plus average annual rent paid (whichever is higher).
Indiabulls Real Estate is currently trading at Rs 65.80, down by 2.55 points or 3.73% from its previous closing of Rs. 68.35 on the BSE. The scrip opened at Rs 67.95 and has touched a high and low of Rs 67.95 and Rs 65.25 respectively. So far 823069 shares were traded on the counter.
Oberoi Realty is currently trading at Rs 253.00, down by 2.95 points or 1.15 % from its previous closing of Rs 255.95 on the BSE. The scrip opened at Rs 254.50 and has touched a high and low of Rs 255.95 and Rs 250.00 respectively. So far 1359 shares were traded on the counter.
Housing Development & Infrastructure (HDIL) is currently trading at Rs 90.75, down by 4.75 points or 4.97% from its previous closing of Rs 95.50 on the BSE. The scrip opened at Rs 94.10 and has touched a high and low of Rs 95.40 and Rs 90.35 respectively. So far 2683720 shares were traded on the counter.
| Company Name | CMP |
|---|---|
| Dilip Buildcon | 433.30 |
| Macrotech Developers | 1246.10 |
| NBCC (India) | 89.10 |
| Phoenix Mills | 1625.65 |
| Ahluwalia Contract(I | 926.35 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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