Real estate activity definition
Real estate activity means any activity relating to any portion of a real estate transaction performed for another by any person, partnership, limited liability company, association, or corporation, foreign or domestic, whether pursuant to a power of attorney or otherwise, who for a fee, commission, or other valuable consideration or with the intention, in the expectation, or upon the promise of receiving or collecting a fee, commission, or other valuable consideration:
Real estate activity means any activity involving own or leased property for buying, selling and renting of commercial and residential properties or land and also includes activities either on a fee or contract basis assigning real estate agents for intermediating in buying, selling, letting or managing real estate. However, this would not include development of integrated township, purchase/ long term leasing of industrial land as part of new project/modernisation or expansion of existing units or any activity under ‘infrastructure subsectors’ as given in the Harmonised Master List of Infrastructure sub-sectors approved by the Government of India vide Notification F. No. 13/06/2009-INF, as amended/ updated from time to time.
Real estate activity means buying and selling of real estate or trading in Transferable Development Rights but does not include thedevelopment of townships, construction of residential or commercial premises, roads or bridges for selling or leasing.
More Definitions of Real estate activity
Real estate activity means an action taken to effect the Acquisition or Disposal or Surplus Declaration of Real Property, or the giving of approval in the capacity of landlord, tenant or property owner.
Real estate activity is defined in SECTION 1.8(b).
Real estate activity subject to a business license means the following:
Real estate activity means any activity involving
Real estate activity is defined in Section 1.8(b).
Real estate activity means any activity relating to any portion of a real