Wed 24 Feb, 2016 06:09 am
For income tax reasons in India, property is measured as a cause of income & hence, tax is levied on that. Properties regularly take in building, horizontal, superstore, etc. as fine as the land appurtenant to the construction.
A quick google search has produced this.....
I would suggest that you double check the details on that site with your local government/tax office, just to make sure that you are calculating the tax rate correctly.