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Things to keep in mind when buying a home – Ensuring a well-informed decision during a home purchase is vital, offering protection from potential legal and financial complications for long-term peace of mind. Investigate Construction Quality: Conduct a thorough investigation into the construction quality, verifying that the plan layout aligns with the ready structure sample flat,…
Modi Govt Plans : The Modi Government plans to allocate Rs 60,000 crore over the next five years for a subsidized housing loan scheme, offering a 3-6.5% annual interest subsidy on loans up to 0.9 million rupees. Aimed at assisting 2.5 million low-income urban loan applicants, the initiative aligns strategically with key state elections and…
In summary, Section 54 of the Income Tax Act allows a capital gains tax deduction for property sellers acquiring another residential property within a specified timeframe. Determining the acquisition date involves complexities such as advance payment, allotment letter, agreement, construction completion, and possession dates. This article explores the significance of the acquisition date for capital…
Builders without QR code are fined by Maharashtra Real Estate Regulatory Authority (MahaRera). MahaRera mandates builders to include a QR code for each project in their promotional documents, ensuring transparency. Penalties for non-compliance can range up to 5% of the project cost. The QR code allows buyers to access essential project details by scanning, including…