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Category: Must Knows

Home » Must Knows » Page 150

Legal
By Sunita MishraAugust 25, 2023

All about joint development agreements

Joint development agreements are becoming a common form of real estate development in India, as the government formulates policies and laws that facilitate the coming together of various stakeholders to participate in mutually beneficial … READ FULL STORY

Legal
By Sunita MishraMay 16, 2022

How to file a complaint in consumer court against builders?

Home buyers in India have multiple platforms where they can register their complaints against developers, in case of any misdemeanour or offence. These include civil courts, consumer courts and the latest dedicated platform, the … READ FULL STORY

Home Loans
By Gaurav MohtaOctober 24, 2021

10 smart tips on how to choose a right lender for housing finance

While seeking a home loan, some queries may seem fairly straightforward but it is always good to start with the basics and then get into the details. Here are some things you should consider … READ FULL STORY

Taxation
By Harini BalasubramanianApril 5, 2023

Holding Tax in Jharkhand: A Comprehensive Guide

Property owners in the state of Jharkhand are required to pay property tax every year. The tax is collected by the municipal corporations, nagar parishad or nagar panchayats that are regulated by the Urban … READ FULL STORY

Must Knows
By Harini BalasubramanianJune 8, 2022

All you need to know about Chhattisgarh property tax

Individuals owning a property in Chhattisgarh are required to pay a property tax to the Department of Urban Administration and Development of Chhattisgarh. All residential and non-residential properties located within the limits of the … READ FULL STORY

Property Trends
By Sunita MishraApril 18, 2023

Ranchi Property Tax: Everything you Need to Know

Home owners in Ranchi, the capital of Jharkhand, have to pay an annual property tax to the Ranchi Municipal Corporation (RMC). The RMC has as many as 53 urban wards under its jurisdiction from … READ FULL STORY

Home Loans
By Housing News DeskApril 19, 2022

Here is a guide on Rs 40 lakh home loan EMI payment

Having a house to call their own is one of the greatest ambitions of most Indians. In addition, having your own house can also be your biggest asset. However, accomplishing this financial goal in … READ FULL STORY

Home Loans
By Sunita MishraDecember 15, 2023

What is the importance of a credit score or CIBIL score in getting a home loan?

Banks offer housing loans to prospective borrowers, based on their capability to repay the debt. Financial institutions ascertain the loan applicant’s creditworthiness by checking various data related to his/her financial history and the manner … READ FULL STORY

NRI
By Balwant JainOctober 10, 2021

Can an NRI purchase or own a property in India?

A non-resident Indian (NRI), who is interested in buying a property in India, can do so. However, his property investment must be made in line with the provisions of the Foreign Exchange Management Act … READ FULL STORY

Taxation
By Harini BalasubramanianApril 13, 2022

Property tax Puducherry: All you need to know about paying Pondicherry property tax

If you own a property in Pondicherry, you are required to pay property tax Puducherry annually to the municipal corporation of the jurisdiction under which the property is situated. Pondicherry property tax payment can … READ FULL STORY

Legal
By Sunita MishraSeptember 2, 2022

Son-in-law has no right in his father-in-law’s property: Kerala HC

A son-in-law has no right in a property belonging to his father-in-law, even if the former has made contributions for the construction work of the said property, the Kerala High Court has ruled. Giving … READ FULL STORY

Property Trends
By Sunita MishraSeptember 27, 2022

What is IBC or the Insolvency and Bankruptcy Code?

The central government in India, in 2016, introduced a code to resolve insolvency cases amid a spike in the number of bankruptcies. This law is known as the IBC or the Insolvency and Bankruptcy … READ FULL STORY

Home Loans
By Sunita MishraSeptember 27, 2022

HSBC India cuts home loan balance transfer rate to 6.45%, the lowest in the industry

In a move that would greatly benefit those planning to switch lenders to bring down the overall cost of their housing loans during festive season 2021, private lender HSBC India has reduced its home … READ FULL STORY

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