In order to eliminate the twin menace of corruption and black money, the ‘Benami Transactions (Prohibition) Act’ was passed in 1988. However, the same was never implemented as the requisite rules and regulations were … READ FULL STORY
What is Primary Lending Rate regime After the deregulation of interest rates following the liberalisation of the economy, banks used to lend at a rate that was benchmarked against their internal rate, which was … READ FULL STORY
Stamp duty is a compulsory obligation payable on the document which encapsulates the transfer of immovable property, such as real estate. Home buyers are required to pay this when registering the agreement for sale. … READ FULL STORY
When Arpita Gupta, a clinical psychologist, came to New Delhi for her research work, she was unable to find a rental accommodation in and around Delhi, where she could stay for just a few … READ FULL STORY
There are various factors that determine whether you will get a home loan or not. Consequently, it is advisable to know your home loan eligibility in advance, so that you can plan the purchase … READ FULL STORY
When it comes to giving out their property on rent, owners’ concerns generally revolve around the quantum of rent to be charged, tenant’s ability to pay, queries pertaining to the lease agreement, lock-in period, … READ FULL STORY
In a welcome news for home buyers, the union cabinet, on May 23, 2018, has reportedly approved amendments to the Insolvency and Bankruptcy Code (IBC) 2016, allowing home buyers the status of financial creditors. … READ FULL STORY
Public sector banks, such as the State Bank of India and private sector lender, ICICI Bank, have recently announced an increase in their marginal cost of funds-based lending rate (MCLR). Consequently, the interest rates … READ FULL STORY
Real estate in India, has gradually transformed, from being a commodity sale based on price, to an experiential purchase that involves high involvement. In this scenario, sample flats can be an effective tool, as … READ FULL STORY
Switching from one property investment to another, can be a crucial decision for investors. This situation may arise, when investors find a better opportunity for returns on investment in a property other than the … READ FULL STORY
Real estate investments in overseas markets, are gaining popularity amongst Indian buyers. According to Mona Jalota, director, international and NRI, residential services, at Colliers International, there are several factors, which make an overseas property … READ FULL STORY
Rai Singh, a resident of north-west Delhi, recently shifted to south Delhi’s upmarket Vasant Vihar, after selling his duplex unit. In Vasant Vihar, he bought two small one-bedroom units that were adjacent to each … READ FULL STORY
Income tax laws mandate a minimum holding period, before an owner sells his/her residential house, to avail of tax benefits. Let us analyse the various provisions, under the Income Tax Act, to understand the … READ FULL STORY
