With the Real Estate (Regulation and Development) Act (RERA) coming into force, as well as various other policy initiatives such as the Benami Transactions Act and the government’s push to affordable housing, we are … READ FULL STORY
The provisions related to owning of an immovable property outside India by a resident Indian, are governed by the Foreign Exchange Management Act (FEMA). Owning an immovable property The FEMA restricts Indian residents … READ FULL STORY
Largely an end-user driven market, Ahmedabad in the recent times has been clocking in demand from prospective home buyers, mostly in the affordable category. As per the latest PropTiger study, Nava Naroda, Vatva and … READ FULL STORY
Presenting the budget proposals in the North Delhi Municipal Corporation (NDMC) house meeting, commissioner Varsha Joshi, on November 18, 2019, announced a ‘nominal’ rise in property taxes, across various categories of residential colonies. The … READ FULL STORY
London’s property market continues to remain one of the preferred destinations for wealthy Indians. The latest report by Knight Frank, titled ‘London Super-Prime Sales Market Insight-Winter 2019’ shows a 11% year-on-year increase in the … READ FULL STORY
Designing a room for your teen, is not as easy as designing one for a toddler. The transition phase from childhood to adolescence, is a time of confusion and discovery and a phase where … 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
Humans are social beings, who crave relationships and a sense of belonging. The extent to which we are successful in forging long lasting relationships in adulthood, is determined to a great deal, by the … READ FULL STORY
With the prices of houses rising significantly faster than salaries, it has become increasingly difficult for individuals to buy a house on their own. Consequently, most people now opt for home loans. To enhance … READ FULL STORY
Due to the paucity of available accommodation and in order to attract the talent pool, many employers provide free accommodation or accommodation at concessional rent, to their employees. This is particularly true, in case … READ FULL STORY
The realty market in India, has always seen considerable interest from the Indian diaspora, as an investment avenue. With developers constantly striving to woo non-resident Indians (NRIs), they can choose from a variety of … READ FULL STORY
Update on February 1, 2019: The exemption for TDS on house rent increased from Rs 1.8 lakhs to Rs 2.40 lakhs. There will also be an exemption on the notional rent of second homes which are … READ FULL STORY
Besides checking an applicant’s eligibility for a home loan, lenders also have certain criteria to ascertain the quantum of home loan that they can grant to the person. Income of the applicant decides home … READ FULL STORY
