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Category: Must Knows

Home » Must Knows » Page 16

Taxation
By Anuradha RamamirthamOctober 24, 2025

How to pay Chennai Property Tax 2025 online?

Property owners in Chennai have to pay an annual property tax, irrespective of self-occupancy or renting out to a tenant and residence type. The Chennai Property Tax is collected by the Greater Chennai Corporation … READ FULL STORY

Home Loans
By Dhwani MeharchandaniNovember 4, 2025

Ultimate guide to home loan for senior citizens

Owning a home is a dream for many, and senior citizens in India are no exception. While financial institutions primarily focus on younger borrowers, many banks and NBFCs offer specialized home loan schemes catering … READ FULL STORY

Property Trends
By Anuradha RamamirthamOctober 9, 2025

What is token money in property purchase?

Once a home purchase deal is finalised between a buyer and a seller, a formal process is initiated to conclude it legally. This starts with the buyer paying token money to the seller. What … READ FULL STORY

Must Knows
By Shinjita GhoshMarch 17, 2025

Top 10 hidden home buying costs no one talks about

Buying a home is often portrayed as a fairytale – finding your dream space, building equity, and creating lasting memories. But the reality is, the journey is paved with more than just a down … READ FULL STORY

Legal
By Sagar SharmaNovember 10, 2025

Legal due diligence for NRIs in Indian real estate

Investing in Indian real estate offers NRIs both emotional value and potential returns, but it requires navigating complex legal processes from afar. Legal due diligence—verifying all legal aspects of a property—is essential to ensure … READ FULL STORY

Legal
By Sagar SharmaJuly 24, 2025

Compensation for defects in construction after possession under RERA

Discovering construction defects like cracks in walls or leakages after taking possession can be distressing for a homeowner. To address such issues, the Real Estate (Regulation and Development) Act, 2016 (RERA) provides a legal … READ FULL STORY

Legal
By Anuradha RamamirthamMarch 13, 2025

Should you buy a resale flat without mutation?

Vasant Kumar had zeroed in on a 2BHK resale property in Pune. While he has given the token money, he is now confused because the mutation of the property was not done by the … READ FULL STORY

Legal
By Anuradha RamamirthamMarch 13, 2025

Illegal sale of property in India

There are different ways in which a property can be sold in India. These range from the common practice of executing a sale deed to executing a gift deed, relinquishment deed, etc. Other methods … READ FULL STORY

Home Loans
By Sagar SharmaNovember 10, 2025

What happens if a home loan EMI bounces?

When you take a home loan, you agree to pay Equated Monthly Installments (EMIs) on time each month. But sometimes, an EMI payment can fail or “bounce.” This comprehensive guide explains an EMI bounce, … READ FULL STORY

Home Loans
By Anuradha RamamirthamJuly 18, 2025

Can you claim both HRA as well as home loan benefits?

When investing in property, individuals are required to pay taxes. However, the property sector also offers tax deduction benefits that can be advantageous to many. For example, while individuals can take advantage of home … READ FULL STORY

Home Loans
By Sagar SharmaOctober 6, 2025

Things to remember when closing a home loan

Closing a homе loan is a significant milеstonе that brings a sеnsе of rеliеf and accomplishmеnt. Whеthеr you arе a first-timе homеbuyеr or a sеasonеd borrowеr who has gonе through this procеss, it’s еssеntial … READ FULL STORY

Must Knows
By Dhwani MeharchandaniNovember 4, 2025

What is the ideal home loan tenure?

Buying a home is a significant financial commitment, and most homebuyers rely on home loans to fund their purchase. One of the key aspects of a home loan is its tenure. While many borrowers … READ FULL STORY

Legal
By Anuradha RamamirthamMarch 6, 2025

Bihar encumbrance certificate 2025: How to apply EC online?

Bihar has ambitious development plans outlined in the Budget for 2025-26. With numerous infrastructure projects in the works, the state is poised for a significant transformation. This wave of progress is expected to benefit … READ FULL STORY

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