Indian citizens and non-resident Indians (NRIs) can purchase non-farming land in the Karnataka state. However, there are a lot of limitations when it comes to buying an agricultural property. Before 2015, the only individual … READ FULL STORY
The Karnataka state assembly, on September 20, 2021, passed an amendment to the Stamp Act, 1957, under which the state has reduced the stamp duty on properties priced between Rs 35 lakhs and Rs … READ FULL STORY
After the implementation of the Real Estate (Regulation and Development) Act (RERA), home buyers are optimistic that the new law will protect their interests. However, the moot question is, whether people know how to … READ FULL STORY
Fresh flowers are associated with divinity. Hence, they are used in worship, as garlands for deities and even to enhance the beauty of one’s home. Floral arrangements can transform the décor of a house, … READ FULL STORY
in the aftermath of the COVID-19 pandemic, the mindset and the outlook of non-resident Indians (NRIs) vis-à-vis the Indian property market has changed drastically. While earlier more NRIs were buying properties, now active professionals … READ FULL STORY
To meet the high costs of living in rented accommodations, employers pay house rent allowance (HRA) to their employees. India’s income tax laws also provide benefits to people who do not own a house … READ FULL STORY
Transportation and connectivity are two key factors home buyers consider while selecting a property. Consequently, areas well-connected to office hubs and market places, witness good demand. Dronagiri, in Navi Mumbai, is one such area … READ FULL STORY
Home buyers nowadays, consider Vastu as a prominent factor, when they select a home. Often, people avoid projects or apartments that do not comply with Vastu norms. This is especially true during the festive … READ FULL STORY
Home owners are often ignorant about the implications of buying a house property in single name, instead of joint names. One of my colleagues had bought a flat in his name before marriage. After … READ FULL STORY
There is considerable confusion over the taxes applicable on the sale of an inherited property. While many think that the money received on sale of an inherited house is fully tax exempt, others feel … READ FULL STORY
A legal question that has been put to test time and again before various courts, is whether the rights of nominees prevail over those of successors, in respect of various subjects of nomination, such … READ FULL STORY
Under the Real Estate (Regulation and Development) Act (RERA), which came into force on May 1, 2017, real estate agents will need to register themselves, to be able to facilitate a transaction. The broker … READ FULL STORY
Amid shanties in India’s financial capital turning into breeding grounds for the Coronavirus, the Maharashtra government, on June 9, 2020, announced a series of measures, including the setting up of a stress fund and … READ FULL STORY
