Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Investments»BOP Realty’s Gaurav Mavi Commends New LTCG Tax Amendment for Boosting Real Estate Investments
    Investments

    BOP Realty’s Gaurav Mavi Commends New LTCG Tax Amendment for Boosting Real Estate Investments

    August 24, 20243 Mins Read


    In a recent statement, Gaurav Mavi, Co-founder of BOP Realty, highlighted the far-reaching implications of the recent amendment to the Long-Term Capital Gains (LTCG) tax, particularly in the context of the real estate sector. According to Mr. Mavi, the new provisions introduced by the government are set to significantly influence investment decisions, offering a much-needed boost to the market.

    “The recent amendment to the LTCG tax is poised to have a significant impact on the real estate sector, particularly in how it will influence investment decisions,” said Mr. Mavi. “By offering a choice between a 12.5% tax rate without indexation and a 20% rate with indexation, the government has introduced a level of flexibility that is both progressive and pragmatic. This move is likely to stimulate activity in the market by reducing the tax burden on sellers, making real estate transactions more attractive.”

    Mr. Mavi emphasized that this amendment is especially beneficial for investors dealing with properties that have seen substantial appreciation over time. The option to opt for the lower 12.5% tax rate without indexation could lead to substantial tax savings for these investors. However, he also noted that for properties where appreciation is closer to inflation, the traditional 20% rate with the benefit of indexation might still be the more advantageous option.

    “It is crucial to note,” he added, “that to avail the 20% tax rate with indexation, the property must be purchased before July 23, 2024. After this date, the indexation benefit will no longer be available, which previously allowed sellers to adjust the purchase price of their property for inflation, thereby reducing the taxable capital gains. This means that sellers won’t be able to increase their property’s original purchase price to reduce the taxable capital gains.”

    Mr. Mavi also praised the government’s thoughtful approach, stating, “This thoughtful approach by the government not only addresses the industry’s concerns but also aligns with the broader objective of sustaining growth in the real estate sector. As we move forward, I expect this flexibility to contribute positively to the overall market sentiment, particularly in boosting confidence among investors and developers alike.”

    The recent amendment to the LTCG tax reflects the government’s commitment to fostering a conducive environment for real estate investments. By allowing property owners to choose the most advantageous tax rate based on their specific circumstances, this move is expected to lead to an increase in transactions and a more dynamic market.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Former Barcelona star and World Cup winner ‘returns to former club to announce retirement at just 31’

    Investments

    Toto Wolff dismisses Ferrari with blunt Lewis Hamilton F1 retirement claim

    Investments

    Terrified Cattle Dog Puppy Who Was Left In Dumpster Bonds Immediately With New Kitten Sister

    Investments

    Joey Aguilar built bonds Nico Iamaleava couldn’t at Tennessee: Report

    Investments

    Finance expert warns of pension mistakes to fix now to protect your money for retirement

    Investments

    I visited the little UK seaside village that’s basically a giant retirement home

    Investments
    Leave A Reply Cancel Reply

    Top Picks
    Precious Metal

    Swiss gold refineries are operating at full capacity

    Investments

    Masholds bolsters investment property portfolio with US$10,9m -Newsday Zimbabwe

    Stock Market

    Dividend Stocks: BHEL, MCX, Maruti, Varun Bev, Coal Ind, IOC, HAL To Trade Ex-Dividend In Aug | Markets News

    Editors Picks

    Snam place son premier green bond européen de 1 milliard d’euros à sept ans

    June 24, 2025

    Startup’s Cannabis Payment Deal Dispute Can Move Ahead

    August 15, 2024

    Metal Hammer’s tracks of the week: September 5 2025

    September 5, 2025

    UK households told to make simple but important check before October

    August 29, 2025
    What's Hot

    Reformation de Black Sabbath : on connaît le prix de certains tickets du ‘plus grand show de heavy metal de tous les temps’

    February 10, 2025

    Insider centralisation of power still a major issue for cryptocurrencies

    March 13, 2025

    Domain a takeover target as US property giant pounces

    February 20, 2025
    Our Picks

    New Cryptocurrency Releases, Listings, & Presales Today – SILVERNOVA, iAgent Protocol, Nillion

    March 25, 2025

    SG Govt warns of extremely low chances of recovering losses in cryptocurrency scams Singapore News

    March 4, 2025

    WISH Act could ‘substantially’ improve retirement outcomes for those with catastrophic LTSS needs, analysis finds

    August 27, 2025
    Weekly Top

    Royal Agricultural University opens its doors for 180th birthday

    September 12, 2025

    Toto Wolff dismisses Ferrari with blunt Lewis Hamilton F1 retirement claim

    September 12, 2025

    Wrexham: Cymau property on the market for £750,000

    September 12, 2025
    Editor's Pick

    Châtenoy-le-Royal. Un nouvel entrepôt logistique va-t-il voir le jour dans la zone de la Guerlande ?

    May 28, 2025

    House of the Dragon Season 2 finale: House of the Dragon Season 2 Episode 8: How to watch the Finale in the US and UK

    August 4, 2024

    Crypto And Economic Sovereignty: Empowering Nations Or Chaos?

    April 21, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.