Nidhi Arora, a resident of Mumbai has moved to Bangalore for a year owing to her job. She stays in her father’s apartment and pays him rent too. While Nidhi’s employer offers the HRA … READ FULL STORY
A property is one of the most expensive possessions that one has and also the biggest security. This is a way of income for many people who rent out their apartment, flat or villas. … READ FULL STORY
The recent changes in GST have created ripples across consumer segments. While rates have been revised for certain articles, many items, which were earlier outside the list, were brought under GST. Two newly-included items … READ FULL STORY
Commercial property vs residential property: Rental income Rental income is an important consideration, for people who want to invest in the real estate sector. Property buyers are often confused over which would provide better … 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
On July 8, 2020, the Ministry of Housing and Urban Affairs confirmed that the Affordable Rental Housing Complexes (ARHC) scheme had received the nod from the union cabinet and would continue as a sub-scheme … READ FULL STORY
Every year, prior to the union budget, developers lobby hard to get the best deal, while buyers have their own set of demands. The finance minister is expected to walk a tightrope, to balance … READ FULL STORY
The rental housing market has many options, available at various rates. Consequently, it may be difficult for a prospective tenant to figure out how much to spend as rent. The answer to this, depends … READ FULL STORY
India has nearly 11.09 million vacant urban housing units, of which 10 states and union territories (UTs) contribute to 78% (8.64 million) of total vacancy levels, says a report titled ‘Institutionalising the Rental Housing … READ FULL STORY
The Draft Model Tenancy Act will soon be sent to the union cabinet for approval and will be circulated to the states, Durga Shankar Mishra, secretary, Ministry of Housing and Urban Affairs said, while … READ FULL STORY
The Union Housing and Urban Affairs Ministry has put the draft of ‘The Model Tenancy Act 2019‘ in public, for consultation. Reacting to the development, Swapan Dutta, director (east) of property consultant Knight Frank, … READ FULL STORY
Chennai has grown exponentially in recent decades. It attracts an endless sea of people who keep moving in to the city, primarily for career and educational prospects. Employment and education opportunities and lifestyle prospects, … READ FULL STORY
Delhi-NCR’s rental market is now witnessing a new source of supply of apartments. Investors, who have been the primary buyers of apartments, are now stuck with excess inventory and are willing to rent out … READ FULL STORY
