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SBI’s possession guarantee scheme: Will it help home buyers and developers?

SBI has launched a ‘Residential Builder Finance with Buyer Guarantee’ scheme that aims to guarantee timely possession of projects. We examine the details of this scheme and how it will help home buyer

Balwant JainJan 2020

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PMC Bank scam: SC orders HDIL promoters to remain in jail

The Supreme Court has stayed a Bombay High Court order that allowed shifting of HDIL promoters Rakesh Wadhawan and Sarang Wadhawan, to their residence

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99-year-old Frere Road bridge in south Mumbai closed for traffic

Commuters in south Mumbai are likely to face further hardship, as the British-era Frere Road bridge near Grant Road station has been closed for dismantling and re-girdering work

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Haryana to provide free travel for construction workers in state buses

Construction workers in Haryana will soon be able to travel for free between their homes and places of work in state transport buses

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Marathon Group launches phase-II of Marathon Nexzone in Panvel

Mumbai-based Marathon Group has announced the launch of phase-II at its Panvel project – Marathon Nexzone

Housing News DeskJan 2020

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Important ruling on the property rights of successors versus nominees

Upon the death of an owner, will the rights in the property be transferred to a nominee or the successor to the property? We examine what the current legal standing on the issue is, after a landmark j

Darshan FuriaJan 2020

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Issue notification in 2 months to ban RO purifiers, NGT tells environment ministry

In a bid to regulate the use of RO purifiers, the NGT had directed the government to prohibit them where total dissolved solids in water are below 500 mg per litre.

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Talegaon: An attractive destination for second homes, near Mumbai and Pune

We examine that factors that make Talegaon an attractive location for second homes, especially for buyers from Mumbai and Pune

Amit SethiJan 2020

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PM’s residence, office likely to shifted near South Block: Sources

The redevelopment project of the Central Vista envisages a triangular Parliament building next to the existing one, a common Central Secretariat and the revamping of the three-km-long Rajpath

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Dos and don’ts for sharing a rented house

In various cities, due to the high rental rates, students and young professionals often rent a house together. Although this may be economical but sharing a house with a roommate may not be easy. We e

Purnima Goswami SharmaJan 2020

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Housing sales fall 30% during festive season: PropTiger report

All hopes of an improvement in numbers during the festive season were dashed, with housing sales and project launches falling during the third quarter of the financial year 2019-2020, says a report by

Sunita MishraJan 2020

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Budget 2020: Changes in income tax laws that can help home buyers

We look at some suggestions, vis-à-vis income tax laws for individual tax payers that the finance minister can consider in the Union Budget for 2020-21, which can help property buyers and boost demand

Balwant JainJan 2020

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How to arrive at the fair market value of a property, and its importance in income tax laws

We look at the importance of fair market value under the tax laws and how one can arrive at or obtain the fair market value of a property

Balwant JainJan 2020

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