2020
The pros and cons of prepaying a home loan
If you have some additional liquidity, should you use the money to prepay an existing home loan or invest it in other financial instruments? …
What is a real estate brokerage?
Buyers and sellers need a common platform, to initiate a home purchase or sale. The same is true for landlords and tenants, who want …
How to claim tax benefits on joint home loans
While many home buyers opt for joint home loans to enhance their eligibility, the repayment of the loan and claiming of tax benefits on …
Real estate basics: What is a conveyance deed?
A conveyance deed is an essential document required for the purchase of a property. We explain its importance and what a home buyer should …
TDS provisions on rent paid, under the income tax laws
Rent received by a property owner is subject to tax deduction at source. We examine the existing provisions, for tenants taking properties on rent …
Real estate basics: What is a freehold property?
What exactly does ‘freehold’ mean and what are the implications of buying a freehold property? We explain Freehold property is one, where the owner/society/residents’ …
All you need to know about Real Estate Act (RERA)
Under the Real Estate Act, the central and state governments, are required to notify their own rules under the Act, six months, on the …
Tax on rental income and applicable deductions
While income tax laws prescribe certain taxes on a person, who receives any rent from a property which he has let out, the taxpayer …
Legal tips for buying agricultural land in India
Buying agricultural land, as opposed to a regular plot, requires additional due diligence. We examine the things to watch out for and the procedure …
Maharashtra Stamp Act: An overview of stamp duty on immovable property
The Maharashtra government has announced a massive reduction in stamp duty rates by up to 3%. With this, the stamp duty in Mumbai now …