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
The taxation on property purchase, has become much simpler than it was before. With the roll-out of the Goods and Services Tax (GST), several taxes previously applicable on real estate purchase (VAT, service tax, … READ FULL STORY
The Indian real estate sector has witnessed a sea change, over the last couple of years. However, in spite of the advancements in construction, the use of high-end technology, the advent of smart homes … READ FULL STORY
The West Bengal cabinet has taken a decision, to introduce an online system for granting mutation of properties, the state’s chief minister Mamata Banerjee said, on December 24, 2018. The move will benefit people … READ FULL STORY
Around 50,000 flat buyers in Noida and Greater Noida, who are living ‘illegally’ in their houses, as they are yet to receive the occupancy certificates from builders, can now get a ‘sub-lease agreement’, to … READ FULL STORY
For a home buyer, the much awaited sense of ownership of the dream home, follows the execution and registration of the sale deed. The sale deed, from the seller to the buyer, is the … 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
The Telangana government, on September 18, 2018, asked all builders and developers who have obtained permissions for real estate projects on or after January 1, 2017, to get their projects registered with the concerned … READ FULL STORY
Stamp duty is a compulsory obligation payable on the document which encapsulates the transfer of immovable property, such as real estate. Home buyers are required to pay this when registering the agreement for sale. … READ FULL STORY
When it comes to giving out their property on rent, owners’ concerns generally revolve around the quantum of rent to be charged, tenant’s ability to pay, queries pertaining to the lease agreement, lock-in period, … READ FULL STORY
Anubhuti Roy, a fashion designer from Gurgaon, feels that the Goods and Services Tax (GST), has failed to fulfill its purpose in the housing market add has made houses costlier. “GST was supposed to … READ FULL STORY
The Real Estate (Regulation and Development) Act, 2016 (RERA), which is meant to safeguard the rights of the home buyers and provide speedy redressals, has faced significant hurdles in its own implementation, ever since … READ FULL STORY
While the Real Estate (Regulation and Development) Act (RERA) has mandated that developers have compulsory title insurance, it is imperative to understand why the issues related to unclear land titles, have not been addressed. … READ FULL STORY
