A 37-year-old builder, identified as Yogesh Kumar Bhati, a resident of Sultanpur village in the national capital, was arrested on April 2, 2019, for selling the same property through sale deeds to different persons … READ FULL STORY
There are a number of income tax provisions, which link the benefits with the time taken to complete the construction of one’s property. Deductions pertaining to repayment of the principal component of a housing … READ FULL STORY
For a home buyer, the much awaited sense of ownership of the dream home, follows the execution and registration of the sale deed. The sale deed, from the seller to the buyer, is the … READ FULL STORY
The centre does not maintain information about various housing projects of any state or union territory and their completion status but the state governments are required to maintain a website, with relevant details for … READ FULL STORY
With many cases where real estate developers have handed over apartments to buyers without registering the flats, particularly in cities like Noida, Greater Noida and Ghaziabad that are part of the National Capital Region, … READ FULL STORY
The long term growth of the real estate market, depends a lot on how the home buyers are empowered to take decisions and given a platform to fight for their rights. Legal recourse is … READ FULL STORY
A Delhi court, on April 10, 2017, granted a three-month interim bail to Unitech Ltd’s promoters, Ajay Chandra and Sanjay Chandra, who were arrested in a fraud case relating to a Gurugram-based real estate … READ FULL STORY
Buying a home is one of the biggest financial commitments in a person’s life, and understanding how to manage the payment for it is crucial for making the right choice. In India, homebuyers are … READ FULL STORY
As per the income tax laws, any profit on sale or transfer of your house or land becomes taxable, in the year in which you transfer the same. As per the Transfer of Property … READ FULL STORY
Timely possession remains a major concern for home buyers, who opt for under-construction properties. On the other hand, owing to high real estate prices, home buyers are often forced to opt for under-construction projects, … READ FULL STORY
Often people pick booking under-construction properties over ready houses because of their lower rates. However, they do so without realising the risks involved; both, the income tax and financial implications. This feature deals with … READ FULL STORY
Sneha Sharma, a home buyer in a housing project in Greater Noida west, is now planning to shift in to her apartment. While a few of the towers in the project are fully built, … READ FULL STORY
A state police circular, directing the police stations across Maharashtra, to register complaints against builders who cheat home buyers and violate building norms, has evoked a mixed response from developers and home buyers. Swadesh … READ FULL STORY
