To make sure a homebuyer is investing in a property that is free from any legal or financial charges, they must check the encumbrance certificate (EC). With several states in India launching virtual facility … READ FULL STORY
The Maharashtra Coastal Zone Management Authority (MCZMA) has given a go ahead for construction of a new Development Plan (DP) Road that will make travel easier between Bhiwandi and Thane. The new DP Road … READ FULL STORY
A non-resident Indian (NRI) wanting to buy, sell or rent his property has to know about one important document that will help him do all these activities without him/her physically being present in India. … READ FULL STORY
Ayodhya happens to be one of the most talked about topics as the country celebrates the first anniversary of Pran Prathistha of the Ram Temple in the old city of Uttar Pradesh. After the … READ FULL STORY
Real estate is one of the preferred investment options in India for Non-Resident Indians (NRIs). Owning a residential or commercial property in a bustling metro city locality fetches attractive rental yields for a property … READ FULL STORY
After booking the housing unit, in case, the buyer changes his mind and doesn’t want to go ahead with the purchase. What will be the financial implications he will face? Will he get a … READ FULL STORY
Those who own properties in Ayodhya should pay the Nagar Nigam Ayodhya property tax every year. This can be easily done by visiting the Nagar Nigam Ayodhya online portal and entering property details. Paying … READ FULL STORY
Under India’s income tax laws, salaried as well as self-employed individuals can claim deductions against house rent payment under several sections, including Section 80GG and Section 10 (13A). This section is useful for people … READ FULL STORY
Under Section 80EEA of the Income Tax Act in India, first-time homebuyers investing in affordable property with the help of a home loans get Rs 1. 50 lakh tax deductions on home loan interest … READ FULL STORY
Due diligence is the first step for property buying. When you are going to buy a property in Karnataka, during due diligence, one of the most important document to check is the encumbrance certificate … READ FULL STORY
Launched in 2015, the Pradhan Mantri Awas Yojana (PMAY) is in Phase 2 now. In this phase, the centre has taken up an aim of constructing 3 crore houses under the PMAY by 2029 … READ FULL STORY
When you buy a property, the legal change in ownership takes place after property registration. Several laws come into picture in this highly complex legal procedure. This makes it of utmost importance to have … READ FULL STORY
The Goods and Services Tax (GST) Act was implemented in 2017. With this, came changes in the taxation of the rental income. The GST law in India treats renting of commercial as well as … READ FULL STORY
