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Payment of TDS on Property

The buyer of an immovable property, valued at Rs 50 lakh or more, is required to pay TDS to the government. This article explains what is TDS on property, who pays it, how it is paid. Since when was the rule introduced? How to interpret limit of 50 lakh in case of EMI...

How to Calculate Capital gain Tax on Sale of House or property?

How much tax do I have to pay for selling my house or property?  What will be the tax implications for me or my father/mother on the sale of house? What are taxes on selling the inherited property? What is the tax liability on selling a house if my parents sell the...

Is Real Estate the best Investment Option?

Is Real estate the best investment option? Often we hear things like “He bought a flat of Rs 40 lakh and is selling it at Rs 80 lakh. He had made a down payment of only Rs 8 lakh at the time of buying the flat. Value of the house doubled in around 5 years! Boss...

Index for Real Estate : NHB Residex

Just like  Sensex and Nifty tracks the stock prices, index for tracking price movements in residential properties India is NHB RESIDEX or simply RESIDEX. NHB Residex is India’s first official housing price index  by the National Housing Bank(NHB), the regulator of...

Occupancy Certificate and Campa Cola flats, Documents on buying a house

Residents of Campa Cola in Mumbai have got relief from demolition, eviction till May 2014 . Problem in the case of Campa Cola flats was that the municipal corporation, Brihanmumbai Municipal Corporation (BMC), had not granted an occupation certificate (OC) to some of...
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