In metro cities, many people who invested in properties looking for rental income, did not think that parking space could be a major issue between the owner and the tenant. Real estate agent Chandrabhan … READ FULL STORY
Bitter experiences are not uncommon in India’s real estate market, where there is an absence of scientific valuation of the property. Prices tend to differ in the same micro-market, depending upon the project and … READ FULL STORY
Non-resident Indians not paying taxes in any foreign country will now be taxed in India, the Union Budget for 2020-21 has proposed. At present, if an Indian or a person of Indian origin managed … READ FULL STORY
Home owners often find it difficult, to figure out the right balance between their property’s price and its rental potential. “People often invest in properties, for the regular rental income that they can derive … READ FULL STORY
With rapid computerisation, an individual’s PAN (Permanent Account Number) has become an important document, for many financial and non-financial transactions. It is equally important for buying or selling properties or leasing it out. For … 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
A large number of second home buyers purchase luxury homes that provide them with a retreat away from the city, where they can relax and rejuvenate. According to Sunil Sharma, VP – marketing and … READ FULL STORY
In a separate article we have discussed the provisions of tax deduction at source on payments being made to residents with respect to rental and sale transactions of property. For a resident Indian, who … READ FULL STORY
Acquisition of immovable property by a minor A minor can acquire an immovable in various ways. He can acquire it by way of inheritance, either through a will or through the intestate succession law … READ FULL STORY
A tenant who is a student or in the starting stages of his career, may not find it feasible to live in a property that commands a high rental. Often, such people live alone … READ FULL STORY
According to a recent CII-ANAROCK survey, it was found that nearly 55% of the net affordable housing supply came from Delhi-NCR and the Mumbai Metropolitan Region (MMR). Industry experts opine that the major reasons … READ FULL STORY
Abhijeet Kasliwal Marketing head, Kolkata “I have been living on rent for five years and it has been a learning experience. After completing my higher studies in Kolkata, I shared an accommodation with my … 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
