Category Archives: Uncategorized

February 2022 Real estate is something that is permanently attached to the land. This includes man-made additions on the land like buildings, houses, apartments, shops, etc. There are three terms in real estate which are often confused and interchanged: Real property: This property refers to the inherent ownership to use the land and benefits and haveContinue reading “What to Consider Before Buying A Residential or Commercial Property”

February 2022 In the banking sector, a central bank controls all the commercial or domestic banks throughout the country. Apart from laying down specific financial laws and guidelines, a central bank also decides the introductory rate of interest at which other banks can borrow loans in case of financial losses or cash crunch. In India,Continue reading “Bank Rate Vs Repo Rate – Everything You Must Know”

February 2022 TDS is needed to be deducted from the acquisition or sale of any real estate property. When the Buyer pays the Seller, they will deduct a certain amount (officially referred to as TDS) and then pay the remaining balance to the Seller. The Buyer would subsequently be obligated to submit the sum thatContinue reading “Everything You Need to Know About TDS on Sale of Property by NRI”

February 2022 There is hardly any architectural design in India devoid of the ancient rules of Vastu Shastra. Literally translating to ‘the science of architecture, the texts of Vastu Shastra (from the textual parts of Vastu Vidya i.e., the broad knowledge of architecture as well as design theories in India) have laid down the principlesContinue reading “Vastu For Shops: Top Tips You Need to Know”

Top 5 mistakes to avoid when investing in commercial real estate February 2022 There are some common mistakes you can avoid, to make the best of your investment in commercial property. Here’s our top 5. Real estate investment is more of a science than an art and requires careful planning and assessment of various factors.Continue reading “Top 5 mistakes to avoid when investing in commercial real estate”

February 2022 What are the taxes applicable on commercial properties that are used for the owner’s business, or if it is let out or sold? We examine the implications, in each case Property has been one of the oldest investment avenues in India, which existed before the advent of various financial products like direct equityContinue reading “What are the taxes applicable on commercial property”

February 2022 If you are planning to invest in property to earn returns, which type of property should you choose – residential or commercial? We analyse the benefits and drawbacks of each Rental income is an important consideration, for people who want to invest in the real estate sector. Property buyers are often confused overContinue reading “Which is more attractive: Rental income from residential or commercial property?”

February 2022 It is mandatory to provide the rent receipt to the employer, if the employee wants to claim HRA for rental accommodation Rent receipts are proof of transactions that happened between the landlord and the tenant. There have been cases where tenants have been denied HRA exemption, on the ground that there was noContinue reading “Rent receipt: Why is it needed for HRA exemption?”

February 2022 Generally, most people buy immovable properties in joint names of more than one person, for various reasons, including funding for the property and smooth succession. We examine the provisions for taxation of such jointly owned property The Income Tax Act has divided tax entities into various categories. All individuals are taxed under theContinue reading “Taxation of jointly owned property”

February 2022 Prospective home-buyers’ preferences for bigger homes, better amenities and attractive pricing will keep them interested to seal the deals. Hence, demand for luxury homes is expected to be bullish in 2022. Read on The higher end of the property market (properties costing Rs 1 crore and above) has done progressively better in 2021.Continue reading “2022 Could Be An Apt Year To Invest In A Luxury Home. Here Is The Reason Why”