The rental income from a real estate investment, is taxed under the head ‘Income from House property’ under the income tax laws, which is a direct tax law of the country. Properties that are … READ FULL STORY
For decades, independent India peacefully lived with the concept of perpetual leases, inherited from the colonial era. Today, India is a country under construction. However, the governments’ design for housing, has perhaps failed to … READ FULL STORY
Housing.com, part of Elara Technologies Pte Ltd, which also owns PropTiger.com and Makaan.com, on August 9, 2017, unveiled its key insights on house renting patterns. According to their research, 1-BHK units are the preferred … READ FULL STORY
Over the past few decades, real estate has emerged as an important investment asset. However, this investment, depends on healthy capital appreciation over a long-term period. Real estate also tends to be illiquid and … READ FULL STORY
Vile Parle west in the western suburbs of Mumbai, is well-connected to the other far-flung suburbs of the city, as well as south Mumbai. It lies close to the international, as well as the … READ FULL STORY
While many developers are trying to woo non-resident Indians (NRIs) to invest in their projects, very few have succeeded. This can be attributed to the failure of developers to understanding what these fellow Indians … READ FULL STORY
Chennai has witnessed a huge influx of population, owing to the growth in employment opportunities, especially in the IT and manufacturing sectors. Obviously, this had led to a rise in the demand for properties … READ FULL STORY
Rakesh Sharma, a retired doctor, spent his lifetime savings to buy an apartment along the Noida-Greater Noida Expressway. Sharma, who already owned a house in Delhi, hoped to lead a comfortable life after retirement, … READ FULL STORY
When Surinder Kumar (name changed), a central government employee, shifted to New Delhi after his promotion, he moved into a two-bedroom rented apartment in an upmarket society in Dwarka. His landlord, who lived abroad, … READ FULL STORY
Housing.com, part of Elara Technologies Pte Ltd, which also owns PropTiger.com and Makaan.com announced, on April 17, 2017 that its ‘Rentals’ offering has gone live on the portal. The reintroduction of rentals has been … READ FULL STORY
The Mumbai Police has said that owners or landlords should submit furnished documents of their tenants (foreigners or Indians), before renting out the property to them. The police issued an order to this effect, … READ FULL STORY
Owing to a decline in supply of good quality office space, the net absorption in 2018 is likely to be much lower, as compared to 2017 and 2016, according to a recent survey by … READ FULL STORY
When it comes to taking a property on rent in India, tenants often have to pass through a number of uncomfortable questions, ranging from food habits to personal lifestyle choices. Consequently, a majority of … READ FULL STORY
