How the Union Budget 2019 Will Help Property Buyers and Investors
In an attempt to boost the real estate sector, the Union Government, in its election-year Interim Budget 2019, announced a slew of measures that would escalate the demand for properties, especially in the affordable housing segment. This year’s Union Budget gets big thumbs up from industry stakeholders because it comes at a time when the…
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Precautions You Need When You Pay Rent to a Close Relative
After shifting to Kolkata, government employee Soham Ghosh took on rent an apartment owned by his maternal uncle. Being a salaried person, he claimed HRA (House Rent Allowance) tax benefit under Section 10 (13A), as he was paying rent for a residential accommodation that he does not own. This looks like a perfect scenario, but…
Home Buyers are Now Financial Creditors: What is the Difference?
The cabinet has put home buyers at par with financial creditors, such as banks, etc. after approving changes to the Insolvency and Bankruptcy Code or IBC 2016. This was enacted to shore up home buyers who are left stranded by real estate companies declaring bankruptcy. Buying an apartment includes paying for a long list of…
Top Areas to Buy a Property in Hyderabad Based on Our Reports
Even when the real estate market in most parts of the country remained sluggish over the last few years, property investors can buy a property in Hyderabad for handsome benefits. The Telangana government’s positive outlook in terms of aggressive infrastructure development, including elevated corridors, strategic road networks, and the Metro Rail, are prime factors that…
10 Simple Tips to Design an Awesome Pet-Friendly Home
If you are a pet lover, you know that the comforts of your pet do come at par with the comforts of all the other members in the family. From the right nutrition to regular vet visits keeping our furry friends, whether four-legged or two-legged, happy and healthy is a priority for all pet carers….
It is Easy to Pay Property Tax in Kolkata Now — Here’s How
65-year-old, Kaushik Banerji recalls the hassles he had to undergo while paying property tax in Kolkata by visiting a nearby bank for two of his family-owned properties — “The long, chaotic queue extended beyond the bank’s gate, and the sweltering heat that afternoon was unbearable.” “But the worst part was yet to come,” smirks the…
Kolkata Trams: A Melange of Heritage, Romance, and ‘Clean’ Transport
Trams and Kolkata are almost synonymous — the city has trams so finely etched in its character that ‘Kolkata Trams’ is a phrase heavily loaded with images, meanings and feelings spanning a range of connotations. In the beginning, trams were pulled by horses and that beginning was the year 1880 and almost a century and…
Why Living as a Tenant in India Will Always Keep You Dissatisfied
Many families across India stay on rent due to various reasons, primarily financial. However, in the Indian society, it is almost an unwritten social stigma which links it to your financial instability. Owning a home is a typical Indian dream, but many proponents cite renting a house costs much less than owning one. In the…
How You Can Contribute to the Environment by Planting Trees
It’s that time when people around the world are busy filling their resolution list for 2019 with new goals — visiting the gym regularly, making lifestyle changes, quitting smoking, and so on. If you’re still looking for a resolution to keep in the New Year, how about doing something for a greater cause, something more…
Live in Rajarhat, Access the Best of New Town, Kolkata
Low whispers of her colleagues, blank stares, and a fuming boss have become a common sight for Aratrika Sengupta, an analyst with an IT company in New Town. This is the third time in a row that she has been late to office. Same is the case with her husband, Indranil who also works in…
How a Property under Joint Ownership Can be Impacted by Divorce
Like most people, Ashutosh and Kaberi decided to buy a house after tying the knot. They joined forces and finances to pick a property in Kolkata that they could call their new home. Also, buying a home in joint ownership seemed like a wise decision because of the tax benefits both of them would enjoy….
One Year of Hyderabad Metro — a Unique Success Story
Hyderabad resident and bank employee, T. Srinivas used to take a bus from Nagole to Ameerpet for work every day, which would take anywhere from an hour to 1.5 hours. He now covers the same stretch in about 40 minutes, all thanks to the Hyderabad Metro. Tens of thousands of passengers like Mr. Srinivas have…