Latest Answer: Hi folks,
The problem is point up when there are some clear differences between RERA and the state laws, which will affect the interest of the home buyers directly.For example, the RERA says if you are charging more than 10% of the value of the property as advance payment, then the document must be registered. On the other hand, the Karnataka Apartment Owners Act says, the document needs to be registered if the advance is 20%.
Latest Answer: Hi,
I am agree with all of you. But i am a salaried person and living in a rented apartment. The house rent allowance can go up with time. However, for self employed home buyers, the tax deduction limit is restricted up to a little Rs 2000 under Section 80GG. Our govt. should certainly work on increasing this limit.
