Ria (31), a media professional in Mumbai, takes nearly three hours every day to commute for work. Professionals like Ria often contemplate renting a house closer to their workplace, so that they can cut … READ FULL STORY
Stamp duty is a state subject and is administered by the respective states. The government of Maharashtra, on March 1, 2019, announced an amnesty scheme with respect to the penalty that can be levied … READ FULL STORY
The real estate market has, on numerous occasions, witnessed the launch of projects in the SEZ, retail, luxury housing or even affordable housing segments, without any market rationale. This has often led to oversupply … READ FULL STORY
Karnataka chief minister HD Kumaraswamy, on June 13, 2019, launched 118 websites that would enable citizens to get building plan approvals, diversion of land use change and other related permissions through online submissions, avoiding … READ FULL STORY
Our means and ways of communication have expanded drastically, in the second half of the 20th century, mainly due to technological advancements and the invention of the computer. Due to this, the way we … READ FULL STORY
What if your house is transformed into a glitzy film set one day, abound with artsy furnishing, props and your favourite stars? While this may be exciting, several risks also exist. Finding overturned settees, … READ FULL STORY
When a landlord lets out his home on rent, or when a tenant occupies a rental home, such activities fall under the ambit of the Rent Control Act. Each state has its own Rent … READ FULL STORY
The Supreme Court, on April 5, 2019, stayed the Delhi High Court order asking Associated Journals Ltd (AJL) to vacate the National Herald House building in New Delhi. A bench headed by chief justice … READ FULL STORY
Artificial Intelligence (AI) has begun impacting almost all spheres of life and business activities. Like in other fields, it is fast making inroads into the real estate industry, particularly in the commercial real estate segment. … READ FULL STORY
Railway minister Piyush Goyal, on February 25, 2019, announced that 45 acres of surplus land adjoining Dharavi, would be given on a 99-year lease to the Dharavi Redevelopment Authority, helping in developing the area … READ FULL STORY
Decks have been cleared, for the implementation of the two-decades-old suburban railway project for Bengaluru, with contentious issues being sorted out at a meeting jointly chaired by railway minister Piyush Goyal and Karnataka chief … READ FULL STORY
India witnessed a gross leasing activity amounting to 50 million sq ft in 2018, across the major seven cities, the highest in the past eight years, driven by buoyant leasing in Bengaluru and Delhi-NCR. … READ FULL STORY
The sale of immovable property, which is held by an individual for more than 24 months, attracts long-term capital gains (LTCG) tax of 20 per cent on the profit (net consideration minus expenses incurred … READ FULL STORY
