With urban areas witnessing growth in the number of single women, as working professionals and students, there is also a corresponding increase in the demand for rental houses that cater to them. Safety and … READ FULL STORY
Tenants paying a specific rent amount to their landlords are liable to deduct TDS on rent and submit it with the income tax authorities. This guide will help you understand the nitty-gritty about TDS … READ FULL STORY
Most builders often develop bare-shell apartments and hand it over to their occupants. The buyers, based on their needs and budget, either choose to start living in these or rent it out to prospective … READ FULL STORY
A tenant and a landlord have a symbiotic relationship. While the tenant expects attention to his queries and needs, the landlord wants his property to be safe and the rent to be paid on … READ FULL STORY
Laws governing property ownership by non-residents in India are not only different from the laws governing residents, they are also quite complicated. Even though there is a wide range of assets that NRIs can own … READ FULL STORY
Tenancy laws in India make it incumbent for a renter to follow certain protocols, once they decide to exit an apartment at the end of their tenancy period. Vacating a house in an unplanned … READ FULL STORY
Since house rent allowance or HRA is almost always an integral part of a company’s salary structure, knowing the nitty-gritty of HRA calculation and HRA exemption is crucial for tax savings purposes. How so? … READ FULL STORY
What is general wear and tear in a rental property and how is it different from damages? Anyone who is planning to rent a property, must first be familiar with the difference between the … READ FULL STORY
In the past six months, a number of online brands have extended their services, to support people when the country was under a strict lockdown and everybody was struggling with cash reserves. A number … READ FULL STORY
With an intention to safeguard migrants staying on rent in Delhi, the government of India instituted the Delhi Rent Control Act, 1958. The idea was to help the population to resettle after the partition … READ FULL STORY
Those selling goods or offering any services need to pay GST on their income above a specific amount. GST on goods or services is also applicable to rental income. What is GST on … READ FULL STORY
Vastu Shastra, the ancient science of architecture, is about improving positive energies in a specific space. It applies equally, to homes owned by individuals, as well as rental houses. “Vastu Shastra principles, when applied … READ FULL STORY
When taking a commercial space on rent, an agreement for the same needs to be carefully executed. There is usually a huge rental outgo in commercial establishments and hence, the premises to be taken … READ FULL STORY