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Taxes in real estate

Basic regulations, tax implications involved in real estate transactions – Part I

First time home buyers are mostly unaware of many regulations and processes involved in a real estate transaction. Here is a simple guide to know the basic real estate regulations and tax implications, which are crucial elements for a prospective buyer. Transfer of property ‘Transfer of Property Act’ makes it mandatory for the registration of […]

evict a tenant

Can the housing society disallow their members from leasing their properties?

If you thought finding a rented accommodation was only about convincing the landlord, think again. There have been a number of cases in the recent past where property owners have been disallowed by the housing societies to rent out their properties to certain individuals who do not fulfill the basic criteria of the housing society […]

Tips for organizing the Ganesh festival in your apartment complex

In the previous article, you read about making a shopping list for Ganesh Festival. Now, here are some useful tips for how to plan and organizing the Ganesh festival in your apartment complex. Celebration of Ganesh festival or Ganesh Chaturthi brings friends and relatives together as it is being considered now as a social festival besides […]

Buying an under construction property? Here are some loan facts

Have you invested in an under-construction property and taken a loan amount for the investment? Well, here are few facts which you should know before investing in an under-construction property. Most of the under-construction properties estimate about 20 percent less when compared to the prevailing rates in the locality. While many prospective buyers are willing […]

Builders cannot charge Transfer fees

Real estate in India has been criticized for the lack of transparency and the unfair advantages exercised by big builders. One of the major hurdles faced by apartment owners in India is that whenever they want to sell any flat owned by them, they are asked by the builder to pay a transfer fee before […]

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