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 …
Will property prices crash in India due to the corona-virus outbreak?
The developer community in India has been in a tizzy after union minister of commerce and industry Piyush Goyal on June 3, 2020, said …
Should you hire a real estate agent, to sell your property?
We examine the main advantages of hiring the services of a professional real estate broker, to sell a property It is a well-known fact …
What is an immovable property?
We look at what constitutes an immovable property and the rights associated with owning them in India You would have heard the term ‘immovable …
Recent Comments