Defending the state government’s move, to reconsider the Bengaluru steel flyover project, Karnataka’s deputy chief minister G Parameshwara, on January 3, 2019, said there was a need for the infrastructure project to tackle the … READ FULL STORY
Proper succession planning is very important to ensure that the assets owned by you, including any house property, are properly inherited by the people to whom you want these to be passed on to. … READ FULL STORY
Athira Sreedevi KV, a government employee, took a one-bhk apartment on rent in Bandra as it was close to her office, even though it meant spending much more on rent than what she was … READ FULL STORY
Update on February 24, 2019: GST Council cuts tax on under construction residential houses to 5 per cent, from 12 per cent currently. GST rate on affordable housing slashed to 1 per cent from 8 … READ FULL STORY
On May 1, 2017, all 92 provisions of the Real Estate (Regulation and Development) Act, 2016 (RERA or the Act) were brought into force. The Act has introduced new obligations on real estate developers … READ FULL STORY
Siddharth Hande is used to cleaning up other people’s messes, quite literally. In fact, he’s making a business out of it. His Chennai-based start-up, Kabadiwalla Connect (KWC), leverages information technology to make sure that … READ FULL STORY
There can be different reasons to buy a second house – it can serve as a retirement home, or a long-term investment to reap profits through appreciation in capital values. Another category of second … READ FULL STORY
In an exclusive interview with Housing News, Neeraj Bansal, partner – real estate and construction, KPMG India, maintains that the opening up of the Indian real estate sector to global investors, will usher greater … READ FULL STORY
An individual who is in the initial stages of his/her career, is likely to have very limited financial spending capacity. Therefore, when it comes to finding a place to stay, a rental home may … READ FULL STORY
When you enter into an agreement to buy a property, you have to pay stamp duty to the government. The amount of stamp duty is generally based on the value of the property mentioned in … READ FULL STORY
After a long wait, real estate investment trusts (REITs) are likely to become a reality soon. REITs are expected to provide opportunities for retail investors, to participate in the real estate sector and at … READ FULL STORY
Research across sectors, globally, has shown that companies encouraging a culture of integrity, are able to reap financial benefits. Perhaps the most important benefit, which often remains concealed, is that this culture forces individuals … READ FULL STORY
Ganesh Chaturthi marks the beginning of the festive season for the real estate market. As home owners prepare to welcome Lord Ganesha, the Ganapati puja at home has also witnessed a gradual transformation, with … READ FULL STORY
