Parties involved in real estate transactions, often hear many unique sector-related terms. This may often be confusing, especially for first-time buyers during an already complicated and stressful home-buying journey. In this article, we simplify … READ FULL STORY
While India’s real estate sector did not get the special treatment it expected from the Union Budget 2021-22, some relief did come its way, in the form of an extension of the safe harbour … READ FULL STORY
Every year, prior to the union budget, developers lobby hard to get the best deal, while buyers have their own set of demands. The finance minister is expected to walk a tightrope, to balance … READ FULL STORY
In January 2020, the Uttarakhand government announced a hike in circle rates in Dehradun, the state capital and other prominent areas. The state cabinet gave its approval to a 15% increase in the circle … READ FULL STORY
The Uttar Pradesh government, through the stamp and registration office in the region, sets and notifies the Greater Noida circle rates. In simple terms, circle rate is the minimum value below which a property … READ FULL STORY
The Noida circle rate is notified by the Uttar Pradesh (UP) government, to govern the sale of property in the region. The circle rates are usually revised every year, to keep it in line … READ FULL STORY
Proximity to the national capital region (NCR) isn’t the only reason why properties in Agra are popular among investors. Even though this factor does help the city’s property market in some way, Agra has … READ FULL STORY
Considered to be among the commercial nerve centres of Uttar Pradesh (UP), Kanpur is different from other Tier-II cities. The city once was the most industrialised city in India after Kolkata. Owing to this … READ FULL STORY
The Union Budget, presented on February 1, 2020, has attempted to give certain reliefs to developers and home buyers. It also attempts to introduce some provisions, to minimise unnecessary litigation between tax payers and … READ FULL STORY
Buying a property is not just about paying the money and taking possession of the unit. The process and the documentation involved in the transaction, is complicated and is often beyond the comprehension of … READ FULL STORY
Residential plots near the metro rail line and the expressway, will now cost more by at least 5%, while land rates for group housing societies and institutional plots have also been raised by at … READ FULL STORY
Capital gains under the income tax laws, are computed by deducting the cost of acquisition of the property from sale consideration of the same. Depending on the holding period of the property, one is … READ FULL STORY
The Income Tax (I-T) Department has unearthed black money of over Rs 215 crores, after it conducted multiple raids over the weekend against two real estate groups, who were selling land and farm houses … READ FULL STORY
