A let-out property is a property that is rented out to tenants. The owner of the property receives rent from the tenants, which is considered income under the Indian Income Tax Act.
Author Archives: PropertyPistol Insight Team
Madh Island Unplugged: A Guide to Mumbai’s Island Escape!
Tags: Locality Overview
Mumbai, often referred to as the “City of Dreams,” is a bustling metropolis that never sleeps. In this city of contrasts, where towering skyscrapers and the Arabian Sea coexist, you’ll find a hidden gem that offers a serene escape from the urban chaos – Madh Island. This quaint and picturesque locale, located to the northwest […]
The Rise of Row Houses in India: Should You Invest in One?
Tags: Realty Guide
In the diverse landscape of Indian real estate, the term “row house” often finds its way into property listings and conversations. If you’re considering investing in a home in India, it’s essential to understand what a row house is and whether it’s a suitable choice for you. In this blog, we’ll explore the meaning of […]
Why Zero-Rental Flats Are Gaining Popularity in Mumbai?
Tags: Realty Guide
Zero-rental flats, also known as heavy deposit flats, are a type of rental agreement in which the tenant pays a large upfront deposit instead of monthly rent. The deposit is typically equivalent to 10-20 years of rent, and is returned to the tenant at the end of the tenancy period, minus any deductions for damage […]
Token Money and Property Agreements Explained!
Tags: Realty Guide
Token money is a small amount of money paid by a buyer to a seller as a sign of good faith and intent to purchase a property. It is also known as earnest money or booking amount. Token money is usually paid at the beginning of the property transaction process, even before a formal sale […]
Digital Auction Extravaganza: DDA’s Prime Plot Sale from November 7!
Tags: Realty News
The Delhi Development Authority (DDA) will hold an e-auction for prime plots from November 7, 2023. The auction will include a variety of plots, including residential, commercial, institutional, and industrial plots. The plots are located in prime locations across Delhi, including Dwarka, Rohini, and Narela.
A Guide to Anti-Corrosion Paints!
Tags: Decor
Corrosion is a persistent threat to various metal surfaces, structures, and equipment, leading to structural damage and costly repairs. In the battle against corrosion, one powerful ally is anti-corrosion paint. This blog explores the world of anti-corrosion paints, including their types, benefits, and price considerations.
YEIDA’s Residential Scheme Draw for 1,184 Plots!
Tags: Realty News
The Yamuna Expressway Industrial Development Authority (YEIDA) held a draw on October 18, 2023, for its residential plot scheme offering 1,184 plots in Sectors 16, 17, and 20. The draw was conducted under the supervision of an allotment committee to ensure fairness and transparency.
Land Patta in India: Understanding Land Ownership Documentation!
Tags: Realty Guide
Owning land is a dream for many individuals, and it represents a significant investment. Whether you are looking to purchase a plot for personal use or as an investment, understanding the legal aspects of land ownership is crucial. One such legal document that plays a pivotal role in land ownership in India is the “Land […]
Dubai’s Record Rental Boom Gradually Beginning to Slow Down!
After over two years of skyrocketing rents, some of Dubai’s most sought-after neighborhoods are beginning to see rent growth slow down, according to a report from CBRE Group Inc., a real estate adviser. Rents soared to record levels last year as the Middle East financial and business hub attracted an influx of new residents. The […]
