The new process of online property registration in Delhi has helped people get things in no time. The old traditional way was time-consuming and complicated; the Delhi government introduced an online registration portal to ease the procedure for registration of property in the city. To know more about the online property...
Rental properties are presently subject to service tax, under certain conditions. We examine how the proposed Goods and Services Tax and the provisions for tax deduction at source, will impact one’s rental incomeThe rental income from a real estate investment, is taxed under the head ‘Income from House property’ under...
As the law allows a person to own multiple homes and avail of multiple home loans, we look at the implications on tax exemptions on the home loan for the second houseThere is no restriction on the number of properties you can own. Similarly, there is no restriction on the...
A gift of a property that is valid and accepted by a donee, cannot be revoked by the donor, except under certain special circumstances. We look at the cases where revocation is possibleWith many children opting to migrate out of India for employment and the gradual disappearance of the joint...
If you want to know what is RERA, then this post is for you. This post summarizes basic information about RERA and how exactly it will going to help the Indian citizen.The Real Estate (Regulation and Development) Act, 2016 is an Act of the Parliament of India which seeks to protect home-buyers as...
Leading property consultant Anarock on Monday (12 August) said that it expected the property prices in the erstwhile state of Jammu and Kashmir to soar, reports Economic Times.As per the property consultant, property prices in Srinagar have been hovering in a very low range of Rs 2,200 to Rs 4,000 per square...
Safety has become a key concern for citizens amid rising instances of criminal activity in the country. While the overall state of safety is not quite encouraging in India, some states are doing much worse than their neighbors. According to data released by the National Crime Records Bureau (NCRB) in...
The Delhi Development Authority (DDA) has announced that it will refund the registration amount of the unsuccessful applicants of its Housing Scheme 2019, in a week's time. Apart from this, the successful applicants can also exercise the option of surrendering the allotment or getting a refund of the registration amount...
The real estate business is growing as people want to buy classic as well as premium residential units for their family. Therefore, it is always advisable to choose the real estate companies according to the quality residential developments and customer satisfaction.So, here we are with top builders and developers in...
India grows with a rapid pace and has one of the most interesting real estate markets, together with Vietnam, according to PWC. This is mainly thanks to long-term economic growths and a shift in manufacturing trends in the region.Not surprisingly, this also means more...