Must Knows
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Legal and taxation aspects to consider, before selling a residential property
Taxes and legal documentation are important aspects, when it comes to a real estate transaction. We examine these aspects from…
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Oriental Bank of Commerce’s 40-year home loan: An analysis
While most home loan providers restrict the maximum tenure of the loan to 20 years, Oriental Bank of Commerce has…
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Reverse mortgage: What are the tax liabilities
When a reverse mortgage scheme is availed, payments can be received from a lender directly or from a life insurance…
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IFMS and sinking fund: Can a builder rightfully charge both?
As real estate markets across the globe slowly shift from levying charges for the sinking fund to levying Interest Free…
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Impact analysis: SBI brings in 2018 with massive base rate cut
Effective January 1, 2018, State Bank of India has announced a huge reduction in its base rate for its borrowers.…
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A quick guide to preparing yourself financially to buy a house
Here’s a quick guide to calculating the budget and the EMI for purchasing a home, based on one’s earning capacity…
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A guide to renting out your property
If you are looking to earn rental income from a second or third home, here is a round-up of what…
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Precautions to take before purchasing a property in another person’s name
While it may be common for home buyers to register properties in joint names or in the names of close…
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Taxes and penalties on benami properties
Benami properties attract penalties, not only under the benami laws, but also under the income tax laws. Here’s a look…
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External benchmarking of lending rates: How will it benefit home loan borrowers?
In a bid to ensure greater transparency and faster transmission of policy rate changes to end-user borrowers, the RBI is…
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