Real Estate Sector Latest News, Updates & Insights - PropertyPistol Blog

Real Estate News

July 26, 2022

What is the difference between a selling agreement and a final payment?

When selling an immovable property, two kinds of agreements are often made: an agreement for sale and a sale document or sale agreement. According to registration legislation, the agreement for sale must be stamped and registered. There might be a lag between the date of registration and the date of completion of the transaction. It is often assumed that when an agreement is registered, the rights to the property are immediately moved from the vendor to the purchaser. This impression, though, may not always be correct. The Bombay High Court has addressed this issue in the matter of The Principal Commissioner of Income Tax-25 Vs M/s Talwalkars Fitness Club, pronounced on October 29, 2018.… Read more

July 26, 2022

by PropertyPistol Insight Team

India Penthouse Real Estate

What exactly is a penthouse?

Penthouses are typically associated with extravagance, privacy, and ultra-premium amenities. They have attracted a significant level of customer interest and revenues in the ultra-luxury residential market throughout the world. Developers in major buildings in key locations in India are also offering penthouses.… Read more

July 26, 2022

by PropertyPistol Insight Team

Real Estate Thailand

Thailand is courting affluent foreigners by providing land ownership.

Thailand has lately made a move to encourage international investment by allowing foreign people to live and own land in the country. The Southeast Asian country, noted for its islands and beaches, has long been a tourist attraction and a favourite choice for expats interested in investing, relaxing, or starting with small enterprises. They could never own land before.… Read more

July 26, 2022

by PropertyPistol Insight Team

GST India Real Estate Realty Guide Rental

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.… Read more

July 26, 2022

by PropertyPistol Insight Team

Home tips

Tips for keeping your house odour-free during the monsoons

Due to the obvious humidity and excess moisture during the monsoon season, most houses have an unpleasant odour. If you have a pet, the odour will only become worse. Rina Agarwal, who rescued a dog named ‘Muffins’ from urchins assaulting her, describes how “my husband and in-laws embraced her totally into our modest flat.” They also contributed to her treatment. During the monsoons, though, people kept moaning about the lingering pet odour.” There are various safe solutions to manage pet odour at home, not just during the monsoons but year-round, for pet owners who are faced with this problem.… Read more

July 26, 2022

by PropertyPistol Insight Team

India Real Estate

Prefab construction: is a less expensive alternative to building your home.

Prefabricated houses are becoming increasingly popular in India, although the wider populace is still sceptical about them. Many people associate prefab building prices with some type of contemporary home that seems out of character in your neighbourhood. In truth, many homes have been erected utilising prefab building techniques that make them appear identical to any other house on the street. Is this a viable answer to housing costs? Before diving headfirst into the prefabricated dwelling trend, weigh the advantages and downsides.… Read more

July 26, 2022

by PropertyPistol Insight Team

India Lucknow Property Tax Real Estate Tax Guide

In Lucknow, incorrect property tax self-assessment will result in penalties.

The Lucknow Municipal Corporation (LMC) has warned that inaccurate information entered into the property tax self-assessment software would result in a warning. The offender will be penalised four times the gap between the current property tax and the amount paid. LMC’s self-assessment programme, designed to eliminate the misconduct, is set to be released shortly. The programme would track property-related data in a jurisdiction and help buyers to compute and pay property and commercial taxes online. They will be expected to complete a self-assessment form, that will be reviewed by the local revenue officer.… Read more

July 26, 2022

by PropertyPistol Insight Team

Delhi India NCR Noida Real Estate Realty Guide

Commercial property stamp duty in Noida

Buyers considering acquiring commercial property in Noida, such as stores, workplaces, and marketplaces, must pay stamp duty and registration fees to transfer the immovable asset to the city. To determine the overall price of the property, they need to get a thorough grasp of the indirect tax.… Read more

July 26, 2022

by PropertyPistol Insight Team

Vastu Shashtra

Could you enhance a house’s Vastu Shastra without undergoing structural changes?

People used to spend their work and attention constructing their homes from the ground up. Making a Vastu-compliant home was not a tough endeavour because the land was abundant and easily available. Locating a property that followed Vastu Shastra requirements became difficult as consumer tastes shifted in preference for flats and premade bungalows. There is a common misconception that Vastu flaws cannot be rectified without structural adjustments. On the flip, there are a variety of do-it-yourself ways to enhance Vastu without making any structural adjustments.… Read more

July 26, 2022

by PropertyPistol Insight Team

India Real Estate

DDA land pooling policy: Application window extended for three months

According to recent reports, the Delhi Development Authority (DDA) has opened a 90-day opportunity for additional individuals to apply under its land pooling scheme. Previously, the DDA’s site for participating in the 104-village land pooling strategy was accessible until December 24, 2021. This new 90-day window was created last month and is supposed to allow the authority to form a partnership for three policy sectors.… Read more

Real Estate Sector Latest News, Updates & Insights – PropertyPistol Blog

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Smart Investment Strategies During the Monsoon Season

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Luxury Living Trends That Are Defining India’s Premium Homes

Why Every Investor Should Track RERA Before Buying Property

Digital Property Documents Explained: OC, CC, RERA & More Every Homebuyer Should Know

How Infrastructure Projects Create Millionaire Micro-Markets

What is the difference between a selling agreement and a final payment?

What exactly is a penthouse?

Thailand is courting affluent foreigners by providing land ownership.

Rent is subject to GST

Tips for keeping your house odour-free during the monsoons

Prefab construction: is a less expensive alternative to building your home.

In Lucknow, incorrect property tax self-assessment will result in penalties.

Commercial property stamp duty in Noida

Could you enhance a house’s Vastu Shastra without undergoing structural changes?

DDA land pooling policy: Application window extended for three months

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