Policy-makers are at the center of the real estate industry, as the planning of development of a region is governed by them. Together with planning, the most important factor is the adherence to timelines. … READ FULL STORY
A holding period of 24 months is crucial for a person to be able to claim tax benefits associated with long-term capital gains on property sale. Long-term capital gains give a property seller the … READ FULL STORY
The home of Ajit Agarkar, former international cricketer and now a golfer, and his wife Fatema Agarkar, an educationist, is contemporary and simple. Clean lines, muted tones, sleek wooden furniture and soothing walls, create … READ FULL STORY
When searching for a home on rent, a common dilemma faced by prospective tenants, is to evaluate which amenities are necessary and accordingly, what the rental value of the home should be. “In metropolitan … READ FULL STORY
When a non-resident Indian (NRI) opts to purchase a property in India, there are several regulations that govern how such a purchase can be financed. Sources, for financing a real estate investment in … 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
Senior advocate Rajiv Nayar, appearing for Indiabulls Housing Finance Ltd (IBHFL), on November 29, 2019, informed the Delhi High Court that the company was not being lent money by any bank, on the grounds … READ FULL STORY
The main purpose of a weekend home or second home, is to provide an avenue for recreation and to spend time away from one’s regular routine. Consequently, weekend homes are generally located away from … READ FULL STORY
In the event where a home owner defaults on the loan taken, the lender is entitled to legally repossess the property. Such repossessed properties are ultimately sold through physical or electronic versions of auctions. … READ FULL STORY
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
