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Category: Must Knows

Home » Must Knows » Page 290

Legal
By Amit SethiMarch 27, 2018

Legal and taxation aspects to consider, before selling a residential property

Selling a home requires as much due diligence as buying one, to ensure that there are no disputes and to get the proper return on investment. While legal and taxation aspects are the two … READ FULL STORY

Home Loans
By Balwant JainMarch 19, 2018

Oriental Bank of Commerce’s 40-year home loan: An analysis

People at the beginning of their careers, are generally not in a position to spare huge money for servicing a home loan, which they have to invariably take in order to finance the purchase … READ FULL STORY

Legal
By Balwant JainMay 28, 2020

Before paying, ensure seller isn’t lying about existing loans on property

Obtain a no-objection and no encumbrance certificate In case the society has been formed, the share certificate would have been issued to the owner of the property. While issuing a loan against a property, … READ FULL STORY

Must Knows
By Balwant JainApril 6, 2020

Reverse mortgage: What are the tax liabilities

Under the Reverse Mortgage Scheme (RMS), a senior citizen can opt to receive an additional source of income on the security of an owned residential house, without having to service it during his lifetime. … READ FULL STORY

Property Trends
By Amit SethiFebruary 4, 2018

Budget 2018: Is there a hidden silver lining for the real estate sector?

There were no major direct announcements related to realty sector, in the Union Budget 2018-19. However, there is an expectation in the market that the efforts made by the government, could boost the real … READ FULL STORY

Legal
By Ravi SinhaFebruary 2, 2018

IFMS and sinking fund: Can a builder rightfully charge both?

Amrendra Kishore bought an apartment in Noida, after spending over a decade in Australia. At the time of taking possession, he paid an upfront amount of Rs 50 per sq ft as Interest Free … READ FULL STORY

Property Trends
By Anuradha RamamirthamJanuary 23, 2018

Fire safety aspects that home owners shouldn’t ignore

With skyscrapers increasingly coming up in most parts of India, a major question that is being asked by home buyers, is whether these high-rise buildings are safe. This is a natural concern, considering that … READ FULL STORY

Home Loans
By Balwant JainJanuary 9, 2018

Impact analysis: SBI brings in 2018 with massive base rate cut

State Bank of India (SBI) has announced a massive reduction in its base rate, from 8.95 per cent to 8.65 per cent, effective from January 1, 2018. With other banks expected to follow suit, … READ FULL STORY

Must Knows
By Balwant JainJanuary 6, 2018

How to plan your finances to buy a house in 2018

Buying a house seems to be an important goal, not only for newly-married people, but also for people who are single and earning and are planning to marry, unlike the previous generations who would … READ FULL STORY

Home Loans
By Amit SethiDecember 4, 2017

Why is this the best time to get your home loan…

For many, the decision to buy a home, depends on whether one is able to get a home loan on time, or not. Most housing finance companies ask the borrower to pay 10-20 per … READ FULL STORY

Legal
By Content ConsultantsNovember 9, 2017

Buying a property? Choose a licenced broker only

Roopankar Chakroborty, a resident of Noida, had no clue about the trouble that was going to come his way when he booked an apartment in the 19th floor of an upcoming, but delayed project … READ FULL STORY

Home Loans
By Amit SethiNovember 8, 2017

Tips to get the best home loan product

Several banks are now offering aggressive home loan products, such as EMI waivers and interest rate discounts, with the aim of converting fence-sitters into home buyers. Among the various types of home loans, fixed … READ FULL STORY

Legal
By Content ConsultantsNovember 1, 2017

Dos and don’ts for investing in later phases of a project

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

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These articles, the information therein and their other contents are for information purposes only. All views and/or recommendations are those of the concerned author personally and made purely for information purposes. Nothing contained in the articles should be construed as business, legal, tax, accounting, investment or other advice or as an advertisement or promotion of any project or developer or locality. Housing.com does not offer any such advice. No warranties, guarantees, promises and/or representations of any kind, express or implied, are given as to (a) the nature, standard, quality, reliability, accuracy or otherwise of the information and views provided in (and other contents of) the articles or (b) the suitability, applicability or otherwise of such information, views, or other contents for any person’s circumstances.

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