Breach of contract is a common occurrence in real estate. One often hears of instances where two parties agree to sell/purchase a property, however, on the day of the registration, one party does not … READ FULL STORY
The Hubballi-Dharwad Municipal Corporation (HDMC) holds a crucial role in the development of Karnataka’s twin cities of Hubli and Dharwad. Its main source of revenue is derived from property tax, imposed on both developed … READ FULL STORY
Trespassing, illegal, and unauthorised use of a property, encroachment, etc., are some of the problems faced by property owners in India. To prevent such things, property owners seek for an injunction order for their … READ FULL STORY
Stamp duty and registration fee are taxes homebuyers in India pay to state governments at the time of property registry. States have the authority to impose this tax. Consequently, they are responsible to increase … READ FULL STORY
Partial agricultural income, as the name implies, refers to income that extends beyond cultivation activities. As it isn’t solely reliant on cultivation, it diverges from the taxation norms applied to pure agricultural income. In … READ FULL STORY
Payment of the home loan before the mortgage period is known as pre-closure of the home loan. You can opt for a home loan pre-closure for many reasons, such as getting lower interest owing … READ FULL STORY
The Finance Act, 2002, introduced Section 50C with effect from April 1, 2003. This section was applicable for computing capital gains in real estate transactions in the hands of seller of such land, or … READ FULL STORY
For taxpayers, computing gains from the sale of assets can be a challenging endeavor. If you are contemplating selling your property within a year of acquiring it and are uncertain about its potential tax … READ FULL STORY
Those having a property in Kakinada, a city in Andhra Pradesh, must pay property tax to the local authority. The Commissioner & Director of Municipal Administration of the Government of Andhra Pradesh (CDMA) is … READ FULL STORY
In the realm of modern architecture, the use of glass extends far beyond its traditional role as a transparent barrier. Today, the construction industry embraces a diverse array of glass types, each engineered to … READ FULL STORY
A homebuyer can withdraw money from their EPF account for: House construction or purchase House repairs Home loan repayment You can withdraw money to repay your home loan only once in your lifetime. Those … READ FULL STORY
Chandigarh, the capital of Punjab and Haryana, is one of the sought-after Tier-2 cities for property investment. Those owning a residential or commercial property in the city must pay the Municipal Corporation Chandigarh (MCC) … READ FULL STORY
Granite pillars are structures made of granite stone. Granite is an igneous rock formed by the slow crystallisation of magma beneath the Earth’s surface. Granite pillars are durable and strong. They are also visually … READ FULL STORY
