The depreciating rupee value, the volatile Indian realty market, attractive NRI schemes and the fanaticism to own a property in India have all contributed to an increasing number of NRI property investments. FEMA (Foreign Exchange Management Act), which falls under
How is Guidance Value calculated in Bangalore?
Given the daily volume of questions that we get on Guidance Value and its calculation, here are some tips to help you understand it and also do an approximate calculation. However, the rates or the calculation used here is illustrative
5 Tips for Protecting your Land from Encroachment
Apartments have emerged as the practical choice for owning a home today. But it is still almost everyone?s aspiration to own a plot of land on which to construct the home of their dreams. And, even if one manages to
Time-frame for depositing TDS on sale of property extended by Income Tax department
BENGALURU: As a relief to property buyers, the Income Tax department has extended the time period for depositing TDS on sale of property by 23 days. Anyone buying real estate worth more than Rs 50 lakh has to deduct 1%
Relief for home owners: Hike in property tax capped at 20%
Bengaluru: The BBMP on Thursday partially rolled back the property tax hike it had effected, capping the increase at 20% for residential properties and 25% for nonresidential properties. The civic body said it took the measure following revelations that the
Court can sign transfer deed, if builder doesn’t
When a conveyance deed to transfer the land and building in favour of the co-operative society is not executed, it is possible to approach the consumer forum for a direction to the builder to execute it. What happens when the
All residents must have access to common areas: Court
NEW DELHI: Common areas in a housing block like terrace or parking space cannot be under the exclusive control of just one flat owner. These areas should be available for the use of all those who live in the same
Builder liable to compensate buyer for delay: Court
Holding that builders cannot levy any additional charges without any justification, the court said they were adopting tactics to achieve their illegal purposes and arm-twist the buyers to extort more money by raising the cost price or levying additional charges
Real Estate Firm Told to Pay up Rs 25 Lakh
BENGALURU: A resident of J P Nagar has won a legal battle against a real estate firm after three years. The firm had sold him a site in a layout but had suppressed the fact that it was a portion
H-1B Visa 2017 – Cap, Lottery Predictions, Fees, News
If you are planing to apply for H-1B visa for FY 2017, Here is the detailed guide for you! Obviously, whosoever planning to make a career in the US or those already studying in the US would be looking forward