There are several charges that go into making the total cost of an apartment. From parking space charges to club membership costs, here is more. We have compiled a list of the general hidden cost of buying a home, flat or apartment. One must be aware that there are several hidden cost of buying a […]

Leaps and bounds in infrastructure development, proximity to national capital Delhi, seamless connectivity and availability of quality commercial real estate have all been major incentives for multinational companies from different parts of the world, to grab a pie of the NCR markets of Gurgaon and Noida High Networth Individuals (HNIs) in India are once again […]

Any difference between the agreement value and the ready reckoner value of a property, has implications, not only on the stamp duty payable but also on the income tax of the buyer and seller When you enter into an agreement to buy a property, you have to pay stamp duty to the government. The amount of […]

The government levies a compulsory tax on the transfer of rights in a property, known as ‘stamp duty’. We examine how it is calculated and ways to save money on this tax amount The government levies a tax when there is a transaction of property (i.e., when a property changes hands, from the seller to […]

Stamp duty is mandatorily payable upon registration or transfer of property. Those investing their money need to be cautious about future obligations and such clauses Stamp duty is a compulsory obligation payable on the document which encapsulates the transfer of immovable property, such as real estate. Homebuyers are required to pay this when registering the […]

What is a family settlement and how does it impact your tax liability, with respect to the properties that are involved in the settlement? We explain… Disputes, settlements and arrangements within a family over property, have been a part of human civilisation. The war of Mahabharat happened due to a family dispute over property, which […]