A well-known developer in Gurgaon, who launched a township project in early 2008, announced the second phase of the project in the same township, in the beginning of 2016. As the project was from … READ FULL STORY
The facility to transfer one’s home loan from one bank to another, allows borrowers to have a ‘plan B’ in case they are not satisfied with their existing lender. Besides deficiency in services, a … READ FULL STORY
Salient features of both schemes Axis Bank’s ‘Shubh Aarambh Scheme’, which offers credit of 12 EMIs, is available only on home loans to residents, whereas, ICICI Bank’s cash-back scheme is available to residents, as … READ FULL STORY
There is general perception that due to the increased rates of 18 per cent, the Goods and Services Tax (GST) for services rendered by the lenders, as against the lower rate of 15 per … READ FULL STORY
In today’s technology-driven market environment, data rules. For India’s real estate market, the importance of data was underlined in bold strokes by the implementation of the Real Estate (Regulation and Development) Act (RERA). No … READ FULL STORY
Under the present service tax laws, normally, it is the supplier of the services, who has to collect the service tax from its clients/customers and deposit the same with the government. However, there are … READ FULL STORY
The rental income from a real estate investment, is taxed under the head ‘Income from House property’ under the income tax laws, which is a direct tax law of the country. Properties that are … READ FULL STORY
Things to check Builder’s experience The first and the most important thing to check while buying a house, is the builder’s construction experience. Generally, every reputed builder has a list of completed, ongoing … READ FULL STORY
Interest rates play a key role in the home buying decision, when one opts for a home loan. Presently, the interest rate on home loans, is around the 8% mark, which looks very attractive, … READ FULL STORY
In recent times, the National Consumer Disputes Redressal Commission (NCDRC) has given several tough rulings against the developers and in favour of home buyers. The Real Estate (Regulation and Development) Act (RERA), on the … READ FULL STORY
While it is not advisable to sell your apartment, when the real estate market is witnessing a slowdown, sometimes, it may be unavoidable. You may have been transferred to another city, or may be … READ FULL STORY
Earlier, whatever interest that a borrower paid against a housing loan, was allowed to be completely adjusted from the income, as a deduction. Now, this deduction has been capped to Rs 2 lakhs and … READ FULL STORY
How much loan should one take? This is a dilemma that most home loan seekers face when buying a home. Taking more loan than needed, can have an adverse impact, warns Rajiv Raj, co-founder … READ FULL STORY
