Legal Guidance
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Tips and Tricks to Reduce Property Tax
Financial planning involves a strong significance of timing, in order to earn profits and prosper. That does not undermine the importance of tax savings in the real estate sector. The have been examples where people make hasty decisions where they see the profit implications but ignore the tax implications completely, and end up either selling their investment or facing major losses. If you sell y...
LEGAL GUIDANCE -
Draft Paper on Reits Issued To Attract the Investors
REITs is one of the new schemes that have been initiated by the government to help the investors. In order attract and tempt more of real estate agents and investors, SEBI has come up with some amended norms which relax the party transactions and allows these Trust in investing a lot more in the under-construction assets. The proposal that has been put forward by Sebi includes removal of the re...
LEGAL GUIDANCE -
Documents Nris Need While Buying Property in India
Real estate sector of India is one sector which attracts a lot of people from across, especially the wealthy and rich Indian who live in abroad. Recently there has been steps taken by the government to simplify and smoothen the norms which govern the investments of the NRIs i.e. Non-Resident Indians in the properties of India. There will be an increase in such investments once the RERA bill comes ...
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Ways to Check Your Builder’s Credentials before Investing Your Hard Earned Money
With the introduction of significant brand names across products in India, a customer in India has developed elegance and capability to examine brand value of the majority of items that they intend to buy. Regardless of faith in trademark name, an Indian customer has the ability to weigh brand value against utility by confirming several information associated with functions, sturdiness, service, r...
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How About Buying Property from Bank Auctions
Buying properties through bank auctions can be a deal compared with buying properties through free market, as the rate of auctioned properties are normally 10-25% less than market value. Quite a deal, as a buyer should you think about investing into these properties? In this article we talk about advantages and disadvantages of buying such properties, and actions that have to be required to buy su...
LEGAL GUIDANCE -
All about ‘Property Tax’
Tax is one important element in India. And people often get all worked up when its 31st July is about to come as then everyone is busy filling up their tax returns. Well, it is highly significant to fill an accurate income tax in order to stay away from any legal issues and hassles. There are many taxes that will fall under the category of income tax; however in this article, we throw light on ...
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Tips for NRIs to Buy Property in India – How to Transfer Money
Indian property now is considered to be hot property. Therefore, it’s an attraction for many of the Non-Resident Indians (NRIs) to invest as for NRIs real estate is a less risky and profit making investment. The present government has made the process simpler for NRIs to make such investment. Government’s Initiatives To quote some examples: NRIs making non-repatriable investments...
LEGAL GUIDANCE -
Tip to Know About ‘Vats’
Transparency is one factor which is important in every sphere of life. Transparency plays a chief role when it comes to the real estate industry. The element of transparency was the chief reason that made the authorities introduces the Value-Added tax, also known as VAT in India in the year 2005. It was seen that in the other form of services and goods taxes were easily manipulated, which made ...
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Delay in Projects: What NRIs Can Do?
‘Delay’ is one main factor people worry about when it comes to purchasing a house that is under construction. There have been cases in the past where delays in delivery of projects have been witnessed. This is one reason why people now days are opting more for ready-to-move-in-houses. The real estate market has been witnessing a stagnant phase due to developers unable to finish their concerned...
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What Situations Would You Require A Real Estate Lawyer?
Numerous property owners ask themselves, what scenarios would need a real estate lawyer. Well, there are many circumstances where one would have to hire a real estate lawyer specifically when you are buying a new home. Many houses, which a person, couple or business might buy, will typically have a long list of legal and monetary requirements that have to be achieved or authorized before the de...
LEGAL GUIDANCE
