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Category: Must Knows

Home » Must Knows » Page 26

Citizen Services
By Dhwani MeharchandaniAugust 7, 2024

NGDRS 2024: What is National Generic Document Registration System?

The National Generic Document Registration System (NGDRS) is a citizen-centric software designed for online property registration. Developed by the Indian government’s Department of Land Resources as part of the Digital India Land Records Modernisation … READ FULL STORY

Taxation
By Anuradha RamamirthamDecember 4, 2024

FM gives choice to property owners-20% LTCG with indexation or 12.5% without indexation

One of the most debated points of Budget 2024-25 was the proposal made by the finance minister Nirmala Sitharaman to change long -term capital gains (LTCG) tax rate to 12.5% for all financial and … READ FULL STORY

Legal
By Vijay GuptaAugust 7, 2024

How can the approval process in urban development be streamlined?

Urban development is the backbone of vibrant, sustainable and liveable cities. As urban areas evolve, effective construction project management becomes increasingly important. Government agencies can organise urban development to be beneficial and sustainable to … READ FULL STORY

Construction Know-How
By Riddhi ChatterjiAugust 6, 2024

What should you keep in mind during a DIY painting project?

A fresh coat of paint is the easiest way to up your home decor game with a major transformation. While professional services are quick and efficient, a lot of people decide to take up … READ FULL STORY

Property Trends
By Upasana MandhataAugust 8, 2024

Navigating the risks and rewards of real estate joint ventures

Joint ventures in real estate can offer numerous benefits, including shared resources, risk distribution and access to larger or more lucrative projects. However, while these partnerships can be highly advantageous, they also come with … READ FULL STORY

Legal
By Dhwani MeharchandaniAugust 6, 2024

What happens if you don’t pay property tax for 10 years?

Property tax is crucial for funding essential services like sanitation, public safety, and infrastructure. Local authorities collect property tax to improve the quality of life, and homeowners must ensure timely payments. Failing to pay … READ FULL STORY

Taxation
By Dhwani MeharchandaniAugust 6, 2024

How to pay property holding tax Puri?

Holding tax in Puri, Odisha, is a compulsory tax imposed by the local government on property owners. This tax applies to all immovable properties, including buildings and lands. The revenue collected from holding tax … READ FULL STORY

Taxation
By Harini BalasubramanianAugust 6, 2025

How to pay property tax in Zirakpur online?

Zirakpur, a satellite town in the Mohali district of Punjab, has emerged as a preferred destination for property buyers. The city has a well-developed social infrastructure and good connectivity with neighbouring areas. Those owning … READ FULL STORY

Taxation
By Anuradha RamamirthamAugust 6, 2024

How to change your name on property tax records?

What is a property tax? It is a mandatory tax that property owners should pay annually. The amount paid to the local bodies is used for improving the infrastructure of the area. The municipal … READ FULL STORY

Personal Finance
By Amit SethiAugust 6, 2024

How will showing rental income exclusively under income from house property impact you?

This time, several Budget announcements may impact the realty market, including developers and property buyers. Many investors choose realty investment for attractive rental income. There’s an announcement related to the rental income that may … READ FULL STORY

Legal
By Upasana MandhataAugust 6, 2024

What are pre possession costs?

When purchasing a property, especially a new one, many buyers focus primarily on the purchase price and the mortgage. However, there are several other costs that come into play before you actually take possession … READ FULL STORY

Legal
By Anuradha RamamirthamAugust 5, 2024

Telangana state govt introduces new Record of Rights draft Bill, 2024

August 5, 2024: The Telangana state government has introduced the new Record of Rights (NROR) draft Bill 2024 that will be known as the Telangana Record of Rights Bill, 2024. To be covered in … READ FULL STORY

Legal
By Upasana MandhataAugust 5, 2024

Is it legal for a landlord to request a security deposit equivalent to 10 months’ rent?

Renting a property involves various legal and financial considerations, one of which is the security deposit. A security deposit is an amount paid by the tenant to the landlord at the beginning of the … READ FULL STORY

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