The Arora Group

real estate consultant delhi ncr


What are the distinct advantages of holding a property in the name of a company rather than an individual?

The advantage is that you can transfer the property along with the company without any payment duty or securing any Income Tax Clearance Certificate under 34-A and 37-I.

What could be the additional formalities/ complications for holding properties in the name of a company?

If there is any income from the property, Income Tax is more than what an individual has to pay.

Is there a saving in the cost of registration or transfer of such property in case the same is held in company's name?

In case of transfer of property held by a company, cost of registration normally is borne by the buyer.