Real estate covers housing, retail, hospitality and commercial sector. Investment in real estate is a lucrative option. It attracts a lot of investors for building on wealth as it promises good returns. It acts as a catalyst for the economy. Governmental policies provide various tax concessions in the real estate sector. Deductions are permitted to encourage […]
Tag: Buying Property
TDS rules for resident buyer buying property from NRI seller
A resident Indian buyer has to comply with a particular set of TDS rules when he is buying property from NRI. The rules are prescribed as per the Indian Income Tax Law. It is advised to take the assistance of an expert in calculation and filing of TDS return to avoid legal hassles. It would be easier to […]
Saving yourself from fraud while buying or selling a property
It is a bitter fact that there is an occurrence of frauds while buying or selling the property. Misinformation or Ignorance or lack of information on procedures and documentation is the main cause. However, one can easily avoid these complications. Some of such common frauds are:Imperfect Title – For a buyer, it is significant to ensure […]