Real Estate News & Updates

Bengaluru, Nov 20, 2023– In a strategic move to bolster tax revenue and enhance transparency, the Bruhat Bengaluru Mahanagara Palike (BBMP) has launched an ambitious mission to digitize property documents across the city.

Advance tax provisions are if the total amount of tax estimated for the year is more than Rs 10,000 and if they have sources of income other than their wage. This applies to income from rent, capital gains from shares, winners from the lottery, and fixed deposits, among other things.

Exploring the nuances of urban development in India, the concept of "building setback" takes center stage. This crucial urban planning regulation not only influences the aesthetic appeal of cities but also plays a vital role in ensuring safety, accessibility, and harmonious coexistence be

December 1, 2020: The young are once again showing keenness to buy property. Analysts say the number of enquiries from younger people on buying property has risen sharply over the past few months, driven by a steep fall in rate of interest and the expectation that employers

November 30, 2020: At a time when several renting contracts are being renegotiated and tenants are defaulting on rent given the pandemic, an Income-tax Appellate Tribunal has ruled that landlords need only pay tax if the rental income is actually received.

November 25, 2020: In a bid to give a fillip to the realty sector and attract more investments, Karnataka promulgated an ordinance to reduce stamp duty on land acquired for setting up industries from five per cent to two per cent for land costing up to Rs 20 lakh and cut from five per cen

Work from home culture has helped spread demand more evenly across cities and suburbs. In pre-Covid-19 days

November 5, 2020: It would not be wrong to say that the unprecedented crisis has really made the real estate industry more innovative and tech-focused. There has been a wonderful role reversal. Earlier, homebuyers used to go house-hopping (if we could call it that) to shortlist houses tha