Residential
When Sunanda, a 52-year-old widowed school teacher, learned of her daughter Rachna’s confirmed admission with a partial scholarship to her dream college in the US, she was beyond happy. At the same time, she felt torn with anxiety over how to secure the remaining financial support for Rachna besides the scholarship at such short notice. […]
Ambuj and Snigdha are a young couple who moved into an unfurnished apartment recently. While one of the best features of their apartment were the large, airy windows, it stumped them to think of ways to highlight them in the best possible manner. Of course, window furnishings were the first thing that crossed their mind, […]
In an attempt to boost the real estate sector, the Union Government, in its election-year Interim Budget 2019, announced a slew of measures that would escalate the demand for properties, especially in the affordable housing segment. This year’s Union Budget gets big thumbs up from industry stakeholders because it comes at a time when the […]
After shifting to Kolkata, government employee Soham Ghosh took on rent an apartment owned by his maternal uncle. Being a salaried person, he claimed HRA (House Rent Allowance) tax benefit under Section 10 (13A), as he was paying rent for a residential accommodation that he does not own. This looks like a perfect scenario, but […]
The cabinet has put home buyers at par with financial creditors, such as banks, etc. after approving changes to the Insolvency and Bankruptcy Code or IBC 2016. This was enacted to shore up home buyers who are left stranded by real estate companies declaring bankruptcy. Buying an apartment includes paying for a long list of […]
Even when the real estate market in most parts of the country remained sluggish over the last few years, property investors can buy a property in Hyderabad for handsome benefits. The Telangana government’s positive outlook in terms of aggressive infrastructure development, including elevated corridors, strategic road networks, and the Metro Rail, are prime factors that […]
65-year-old, Kaushik Banerji recalls the hassles he had to undergo while paying property tax in Kolkata by visiting a nearby bank for two of his family-owned properties — “The long, chaotic queue extended beyond the bank’s gate, and the sweltering heat that afternoon was unbearable.” “But the worst part was yet to come,” smirks the […]
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