Buying a new home is one of the greatest milestones of our lives and a matter of great pride. But behind the joy and pride of being a new homeowner lies a long-drawn process … READ FULL STORY
One of the most commonly used legal tool to transfer ownership of property is the gift deed. This is done because it is tax-efficient as compared to other options available. However, one should be … READ FULL STORY
The House Rent Allowance (HRA) is an integral part of most people’s salary. Under Rule 2A of the Income Tax Rules (ITR) 1962, this salary component is not fully taxable if a person is … READ FULL STORY
The Virar Alibaug Multimodal Corridor (MMC) is a 126-km access-controlled expressway. This project will reduce the travel time between Virar and Alibaug by 50%, according to a Mumbai Metropolitan Region Development Authority (MMRDA) study. … READ FULL STORY
There is a rise in usage of electric vehicles (EVs) in the country be it public vehicles or personal ones. To cater to this demand, automobile companies are increasingly coming up with variations in … READ FULL STORY
It is safe to say that electric vehicle adoption in India is on the right path. According to India Brand Equity Foundation, the Indian EV market is forecasted to expand from US$ 3.21 billion … READ FULL STORY
India is promoting the use of electric vehicles (EVs) on a grand scale, as evidenced by the government’s initial move to convert fuled public transport, including buses, taxis and autos, to EVs. With increasing … READ FULL STORY
The real estate segment extends RERA assurance to the residential and commercial properties — mostly for newly launched and under-construction properties. But, then there is a third segment — that of resale properties. In … READ FULL STORY
Buying a house involves a substantial sum of money and people consider different ways to finance their property purchase, such as home loans and loans against property. Many people also go for home loans … READ FULL STORY
While transferring ownership of property in India, the buyer must pay stamp duty and registration fee to register the new owner’s name in official records. Payment of stamp duty is compulsory even when the … READ FULL STORY
In India, homebuyers must pay stamp duty at the time of property registration. Nearly 3-8% of the transaction value (exact rates depend on the state of residence), stamp duty significantly increases a homebuyer’s monetary … READ FULL STORY
Land possession certificate (LPC) is an important document that is issued when there are no ownership issues with respect to the land. This certificate has to be provided when an owner is selling his … READ FULL STORY
Buying a property is one of the top financial goals for many people. It comes with numerous benefits, including tax benefits and financial security in the long run. Purchasing a property is expensive and … READ FULL STORY
