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
While buying a property, people enter into an agreement with the seller. The form and format of the agreement may be different. It may either be an agreement for sale or it may be … READ FULL STORY
The tax laws allow you to avail certain benefits with respect to respect home loans. The benefits are available under Section 24(b) for interest paid and under Section 80C for the principal repayment, subject … READ FULL STORY
Vastu Shastra compliance, is nowadays an important factor that influences the decision of home buyers and tenants, alike. “One of the main difficulties of living in a rented flat or apartment, is that you … 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
It is a proven fact that colours have a significant psychological effect on people. A home is a place where a person spends a major part of one’s life. As specific colours stimulate distinctive … 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
Loan-to-value (LTV) is a ratio of the amount of loan that can be given to the total value of the property. The LTV can range from 75 per cent to even 90 per cent … READ FULL STORY
When you buy a home, there are several taxes that the purchaser has to pay. While stamp duty and registration are one-time charges, the property tax is a recurring charge that the owner has to … READ FULL STORY
The temple at home, is a sacred place where we worship God. So, naturally, it must be a positive and peaceful place. The temple area, when placed according to Vastu Shastra, can bring health, … READ FULL STORY
In the event where a home owner defaults on the loan taken, the lender is entitled to legally repossess the property. Such repossessed properties are ultimately sold through physical or electronic versions of auctions. … READ FULL STORY
Update on July 23, 2019: Flat owners will have to pay GST at 18%, if their monthly contribution to the residents’ welfare association (RWA) exceeds Rs 7,500, the Finance Ministry said, on July 22, … READ FULL STORY
Taxation of rent received The Income Tax Act of India has a specific head of income, titled ‘Income from house property’, to tax the rent received by an owner of a property. So, any … READ FULL STORY
