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...
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 –...
