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FAQs AND SUPPORT

Are all the projects of “Suyog Group” are RERA compliant?
Yes, all the projects of Suyog Group are RERA compliant.
What category of Homes does Suyog Group offer?
Suyog Group offers homes of various units, including 1, 2, 3, 3.5, 4 BHK apartments, and 4, 5 & 6 BHK Villas.
How can I contact to Suyog Group?
For property-related queries, you can fill out the online form on the Contact Us page. You can also contact the project-specific offices provided on our Contact Us page.
What is a RERA carpet area and A Built-up area?
- Carpet area as per RERA-Real Estate Regulatory Authority-is the net usable floor area of an apartment plus the internal walls, which excludes the size of external walls, services shafts, exclusive balcony or veranda area and exclusive open terrace. Here exclusive means that the site of the open terrace is intended for the exclusive use of the allottee. As per RERA, the built-up area is the carpet area plus the extra area certified by the authorities such as the area of outer and internal walls, dry balcony area, etc.
What documents should I check before buying a new property?
Before buying a property one should check documents like - Sale Deed, Title Deed, Approved Building plans, Completion Certificate ( in case of new constructions/launches), Commencement Certificate(in case of Under-construction property), Conversion Certificate( If agricultural land is covered by non-agricultural), Encumbrance Certificate, Latest Tax Receipts, Occupancy Certificate. The RERA website also allows one to view any active or past litigations about a project. (It's an indicative list of documents and not an exhaustive one
What are the general eligibility conditions for availing of a Home Loan?
The basic eligibility conditions for a home loan are-
  • • The borrower should be a resident of India or an NRI
  • • Above 24 years of age at the beginning of the loan
  • • Below 60 years (65 for self-employed) or retirement age when the loan matures
What is the Tax deducted at source (TDS) provision on purchase of immovable property as per Income tax Act,1961 (I. T. Act 1961)?

According to Section 194IA of I. Tax Act ,1961, the buyer of an immobile property must deduct TDS at 1% while making the payment to the owner or seller of the property.

Some conditions that apply to the above provision is as under:

  • • TDS is applicable only for consideration value of Rs.50 lakhs and above.
  • • TDS deduction made by the buyer must be deposited within 30 days from the end of the month in which the deduction was made.
  • • Along with the TDS, the buyer needs to submit Form 26QB on TRACES Portal (tdscpc.gov.in) with details of PAN of the seller and the buyer. In case the PAN of the seller is not present, the TDS rises to 20%.
  • • The buyer must retain the proof of TDS deposition, which is a challan generated when the TDS is submitted.
  • • On submission of 26QB & on payment of TDS, Form 16B gets generated on TRACES portal copy of which needs to be given to seller.

What is the GST rate for a single residential house?
GST@ 1% will be applicable if your single residential house falls under an affordable residential housing project. If it is not an affordable residential housing project, you should pay GST@ 5%.
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