Mahesh Singhal pays higher rent each year to live in the same residence in North Delhi. Despite living in the same property for almost seven years, he has yet to find a method to bargain with his landlord, who hikes the monthly rent by 10% every year as is customary.… Read more
PropertyPistol Insight Team
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How do you design a baby’s room?
The interior design business has experienced a continuous demand for developing solutions for children’s rooms of all ages. While teen rooms are popular, infant-specific rooms are close behind. The emphasis is generally on maximising space for comprehensive and organised storage, as well as incorporating personal preferences while maintaining safety.… Read more
Considerations to Make Before Selling Your Home
Tags: Real EstateRealty Guide
After you’ve determined why you want to sell, it’s time to supplement your knowledge of the local real estate market. This will provide you with several benefits, including the ability to establish a realistic price for your house, be more effective during price negotiations, and know when is the optimum moment to sell; that is when your purpose for selling permits you to do so (case in point – distress selling).… Read more
As banks raise lending rates, home loans become more expensive.
Tags: Home LoanReal Estate
The Reserve Bank of India (RBI) announced repeated upward adjustments to the repo rate – the rate at which it loans money to banks – in 2022. Not surprise, the present repo rate is 5.4 percent after three revisions this year since April 2022. Such similar increase is on the way to counteract inflation. This time, the RBI may raise the repo rate by 35-50 basis points, bringing it to around 6%.… Read more
Here’s how to save tax on a commercial property
There is no way to avoid capital gains tax on the sale of property in the case of a short-term capital gain. The entire capital benefit amount may be included in your income, and you will be taxed according to the income tax bracket you may be in. The provisions of Sections 54, 54EC, and 54F of the income tax only apply to the long-term capital gains tax on the sale of the property.… Read more
Does the spouse’s reinvestment of LTCG qualify for the capital gains exemption?
Tags: Tax Guide
The Income Tax Appellate Tribunal (ITAT) ruled in January 2020 that reinvesting the entirety of long-term capital gains (LTCG) inside a partner’s call qualifies for exemption under the capital profits exemption rules. The decision was reached after an applicant’s claim was turned down by the evaluating officer. The sale earnings of an asset held for more than years must be invested in residential property per the regulations about exemptions below the reinvestment of LTCG.… Read more
How risky is it to live next to a landfill?
A study conducted inside the Italian region of Lazio between 1996 and 2008 is particularly well-known in this discipline. An extensive study of 242,409 people who lived close to nine exceptional garbage sites found a link between landfill air pollution and lung cancer fatalities. Additionally, there was a connection between hospitalizations and overall respiratory infection fatalities.… Read more
Is it acceptable for a developer to sell a building’s terrace area?
A terrace or rooftop is a common location in a residential community that is for the use and pleasure of all of its residents. Although it has been apparent that many builders promote or grant special terrace privileges in exchange for cash, the practice is prohibited.… Read more
The best areas in Dubai to rent a home
The waterfront district of Dubai Marina, which attracts a lot of singles and young couples, is renowned for offering a chic and vivacious atmosphere. A wide range of restaurants and vibrant nightlife are also available on the network.… Read more
