A person’s name can have numerous qualities. He can engage in residential buildings to get a steady income from rents. According to the income tax rules, only one of the homes may be designated residential for self-occupancy, while the others can be rented out. If the other properties are not occupied, they are referred to […]
Category Archives: Rental
The new law of paying 18% GST on housing rent is explained.
Tags: GSTRental Guide
Only business premises offered on lease are subject to the Goods and Services Tax (GST). Nevertheless, under a new law that went into effect on July 18, a GST-registered renter (including people and corporate organisations) is obligated to pay 18 percent tax. Will it have an effect on the rental of residential properties? Let us […]
GST on residential rent to depress the demand for rental accommodation
According to real estate experts, the Goods and Services Tax on residential projects may cause a slight decline in housing demand or apartment prices, but the market may eventually adjust to the new tax laws. Since July 18, residential rents have been covered by the Internet of Goods and Services Act. Tenants may also be […]
Rent is subject to GST
Renting your home is seen as an augmentation of service under the tax system. The Goods and Services Tax (GST) law, which was implemented in July 2017, now applies to rental revenue. Under the GST framework, rent is now considered a taxable provision of service.
Why is a rental agreement made for 11 months?
You must have signed a rent agreement if you have ever leased property or lived in a rental home. Have you ever wondered why the majority of rental agreements last for 11 months? Frequently, neither the landlord nor the renter, nor even the real estate brokers, are aware of the reason behind this. Let’s investigate.
How can renters apply for Noida police verification?
The goal of Noida police authentication for renters is to protect the protection and reliability of your person and safety. It serves as a potential disincentive to utilising your property for unlawful purposes. Police validation informs you whether a prospective tenant has a criminal background. This identification will also let you identify and locate an […]
Why is India’s rental yield one of the lowest?
Rental yield in India’s eight biggest cities, namely Bangalore, Delhi NCR, Mumbai, Chennai, Hyderabad, Pune, Ahmedabad, and Kolkata, has been stable for several years. Whereas the rental market has grown at a reasonable pace, the rental yield has held steady. The average return on furnished properties in India is only 3.3 percent, which is much […]
Security considerations for women living alone in rental properties
Tags: Real EstateRental
Meet your neighbors Not everyone is sociable enough to knock on a stranger’s door and introduce themselves. However, if you are a single woman living in a leased house, it is usually reasonable to teach yourself. If you happen to have some cooking skills, now is the time to put them to use.
GST on rental: Everything you need to understand about the appropriate tax rate
Tags: IndiaReal EstateRental
The introduction of GST has had a considerable influence on the residential and commercial real estate industries. The rental market, like the financial market, is subject to the tax levy. Rental revenue from commercial units, for example, is subject to GST. Other regulations and exclusions of the new tax regime concerning rental properties are listed […]
What Are the Advantages and Disadvantages of Renting a Studio Apartment?
Tags: Real EstateRental
A studio apartment, also known as a studio flat or a self-contained apartment, is an open room with one exact centre and rooms assigned to fulfil multiple tasks such as the kitchen, bedroom, and living room. A separate bathroom is usually included with a studio unit.
