Land as an investment option has always been popular in India. Its popularity has not receded, despite the availability of various financial products such as mutual funds and equity shares. However, you should be … READ FULL STORY
While planning to take a home loan, it is imperative to be aware of the documents that are required for the application. Here’s a look at the basic paperwork that applicants need to prepare … READ FULL STORY
The Mumbai Income Tax Tribunal delivered a very important decision on the claim for tax exemption on HRA (House Rent Allowance). Let us analyse the decision in details, with its ramification and relevance for … READ FULL STORY
The reply to a question raised in the Indian parliament revealed that deposits worth Rs 5,124.98 crores were lying unclaimed for 10 years or more, with scheduled banks. This is a huge amount, considering … READ FULL STORY
Amenities are an important part of any real estate project, which builders use to woo home buyers. While some amenities are essential, like a security system, elevators, etc., property sellers may, at times, also … READ FULL STORY
Due to the high cost of living, soaring property rates and growing number of nuclear families, the demand for compact homes is on the rise. However, the main challenge, vis-à-vis compact homes, is to … READ FULL STORY
People often do not pay heed to the children’s requirements, when they buy a home. As children usually spend more time at home than their parents, property owners and buyers should ensure that the … READ FULL STORY
Existing TDS provisions on rent paid Tax deduction at source (TDS), is a process in which the payer of the income, pays you the income after deducting tax at the prescribed rates. The existing … READ FULL STORY
The rental market in India is gradually evolving, owing to a change in the mindset of people. Renting a house, is no longer merely driven by affordability, as compared to buying a home. Rather, … READ FULL STORY
Almost all the public sector and private banks, offer loans against future rentals. With this facility, home owners can avail of a line of credit, on the basis of future rentals for their house … 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
Income tax laws allow tax payers to claim various benefits, with respect to the house occupied by the assessee – whether it is owned by you or taken on rent. Conditions for claiming … 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
