Long Term Capital Gain Tax on Property: Understanding Exemptions and CalculationLearn about long-term capital gain tax on property and how to calculate it. Explore the exemptions available under sections 54, 54EC, and 54F for reinvesting in house properties or specific bonds. Understand the rules and conditions to optimize your tax liability on property sales.Introduction: When it comes to property sales,...

Trident Residences is an exclusive development of 19 luxurious homes located in the heart of the National Capital, offering a unique living experience that combines the convenience of a luxury hotel with the comfort of a home. Developed by The Oberoi Hotels and Resorts and BI Group, renowned names in the hospitality industry, Trident Residences sets a new standard of luxe living. The homes at Trident...

The Delhi Building By-Laws refer to the set of regulations and guidelines for the construction, alteration, and maintenance of buildings in the National Capital Territory of Delhi, India. These by-laws are designed to ensure the safety, health, and welfare of the occupants of buildings, as well as the preservation of the environment and the aesthetic values of the city.  They cover various aspects of...

Section 54 and Section 54F of the Income Tax Act in India offer tax benefits to individuals who sell a long-term capital asset and invest the sale proceeds in a residential property.  The Indian government has proposed a change in the tax laws related to the set-off of capital gains from the sale of residential units or any other long-term assets. Previously, there was no cap on capital gains that...

Shivalik Colony is a major residential locality in New Delhi’s Malviya Nagar. It lies in northeastern Delhi but is a part of the South Delhi Municipal Corporation. The posh residential colony lies along the Geetanjali Marg and is located near Panchsheel Park, Saket, Geetanjali Enclave and other areas like Hauz Rani. It has beautiful parks and greenery for the benefit of residents. Infrastructure and...

Every home buyer wants to fall in love with the place they are buying. Buying a house is an investment, so buyers want to be sure that they will enjoy living there for many years to come. In this article, we will share 7 tips on how you can make your home more attractive and appealing to buyers. Create A Digital Impression A buyer’s impression of a home is created in the first few minutes. If...

A tenant registered under the GST is required to pay Goods and Services Tax at 18 per cent for renting a property, according to the new GST rules effective from July 18. The 18 per cent tax on rent paid is only applicable to tenants registered under the GST, meaning a GST-registered person who carries out business or profession will incur 18 per cent GST on such rent paid to the owner Earlier, only...

The Indian diaspora is one of the largest in the world, with around 25 million citizens living outside of India. Indians are known for their hard work and entrepreneurship, which has led to a high demand for property within India. However, there are various reasons why Indians buy property abroad. Some people buy properties abroad as a holiday home or as an investment opportunity and some people buy...

Gone are the days of traditional property dealing, technology has now taken over the world, including our homes, land, offices, and whatnot. Property technology or PropTech is revamping how we interact with our property, whether for construction purposes, property management, home services, buying, selling, or renting. In the periphery of proptech lies CREtech and REtech, which stand for –...

Luxury living at Karma Lakelands offers you a variety of villa designs in idyllic locations to take maximum advantage of the gorgeous views and nature's bounty. Replete with luxury and infused with resonant energies, the villas offer you a glimpse of eco-responsible living without compromising on style and comfort. Low-density development, Green and pollution-free resort, eco-friendly community....

My NRI friend Amit wants to sell his property in South Delhi and asked me a couple of very important questions pertaining to the impact of TDS while selling his real estate asset and this led to our latest blog. In this blog, we would venture into the various process and impacts of TDS on selling a property by an NRI. What is TDS? The concept of TDS was introduced with the aim to collect tax from...

Finding a home you’ll fall in love with in South Delhi can take time, patience, some old-fashioned legwork and a dependable real estate advisor. However, the results will pay off in the long run when you get to move into your dream home. So, if you’re looking to find the home you will fall in love with, read on for your roadmap to find the home that is best for you. Focus on Your Dream Neighborhood...

Selling your Luxury Home is like finding a suitable match for your kids and it’s important that you plan the same in a methodical manner. Your home’s exterior is its first impression. While a manicured lawn and fresh paint can boost the appearance of any home, there are some additional ways to help your luxury homes stand apart. If you’re looking to improve your home’s attractiveness to the...

CHANGE IN THE  RULES FOR THE CEILING HEIGHT BY MCD. The Municipal Corporation of Delhi (MCD) has revised the no-objection certificate (NOC) regulations, allowing residential buildings with stilt parking to reach a height of 17.5 metres without needing approval from the Delhi Fire Department. This change follows a Supreme Court ruling that permits such an exemption. Previously, an NOC from the...

Exploring the Trend: The Rapid Embrace of Alternative Investments by Indian Family Offices In the ever-evolving landscape of wealth management, Indian family offices are increasingly turning their attention towards alternative investments. This strategic shift reflects a dynamic mindset, seeking not only traditional avenues but also unconventional paths to diversify portfolios and achieve sustainable...

1. Am I correct that the building empty is easier to sell? Yes, selling a vacant, ready-for-possession is much easier to sell in your case as the rent that you are getting is very low. Vacant properties offer more flexibility to potential buyers, and they can envision various use cases without being bound by existing lease agreements or tenant arrangements. Many Commercial properties sell higher than...

Navigating the South Delhi Real Estate Market: Understanding Roles and Commissions Are you diving into the dynamic real estate market of South Delhi? It's crucial to comprehend the roles of professionals you'll encounter and the unique approaches they bring to the table. In this vibrant market, two distinct sets of individuals operate with different business models, each catering to diverse buyer...

Unraveling Capital Gains Tax Exemptions: A Comprehensive Analysis In the intricate landscape of Indian tax law, Sections 54 and 54F of the Income Tax Act hold sway over the realm of Capital Gains Tax Exemptions. However, the practical application of these provisions, particularly regarding property transfers and Capital Gain Exemptions, often becomes a breeding ground for legal disputes and litigation....

Understanding Stamp Duty And Registration Charges : Impact of 1% Increase In South Delhi   Learn about stamp duty and registration charges in property transactions. Explore the recent 1% increase in registration cost in South Delhi, its implications for buyers and sellers, and how to navigate the changing real estate landscape. Property transactions involve various expenses, and two significant...