Contrary to the widely held view, renting a house is no waste of money. Read on and break 8 myths of renting a home and also know about the advantages that such a move, promise. Waste of Money It’s true that by paying rent you are not buying any equity […]
Uttar Pradesh RERA Gives Extension Of 3 Months To The Under Construction Projects
Agreeing to the request of the Confederation of Real Estate Developers Association of India (Credai) and National Real Estate Development Council (NAREDCO), Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has extended completion deadlines for under-construction projects registered in the state by three months. “The authority appreciated that there has […]
Check For These Legal Documents if Buying A House
Owning a house is often a dream for many. Buying a property, wherever it may be, is a long-drawn-out process. There are several hurdles that prospective homeowners need to cross, including having to deal with brokers, tenancy laws and even property condition, not to mention financing. Every document and procedure […]
New Tax regime Offers Deducted Interest Rate On Home Loan In Cases Of Rental Property
For taxpayers who have an on-going home loan, the interest paid on such loans helps them lower tax liability in the existing income tax structure. However, under the new income tax regime proposed in Budget 2020, the interest paid on housing loan is not available for deduction for self-occupied houses. […]
RERA regulations that you should know while buying a home
The Real Estate (Regulation and Development) Act, (RERA) 2016, is considered as one of the landmark legislations passed by the Govt. of India. It aims to address grievances of buyers and to bring transparency and accountability in country’s real estate sector. Real Estate (Regulation and Development) Act, 2016, shall come […]