Sunday , 20 August 2017
Breaking News
Home >> Legal Matters

Legal Matters

Happy New Year with Bank Interest Rate Cuts…!!!

Happy New Year with Bank Interest Rate Cuts...!!!

Happy New Year with Bank Interest Rate Cuts…!!! The Year 2017 has begun with a positive note for the Housing Sector in India. As we draw closer to 1st Feb 2017 and thereafter the RBI bi-monthly review policy on the 7th Feb 2017, we anticipate deeper cuts in the Home Loan and this is sheer good news for the Real …

Read More »

Mumbai, The Dying Financial Capital of India.

Mumbai, The Dying Financial Capital of India.

Mumbai, The Dying Financial Capital of India. Today was a usual rainy day in Mumbai, but what was unusual about it, was the never-ending traffic in nontraffic hours. To reach from one place to another in Mumbai city it takes forever and a lot inconvenience. I had to cancel 4 different appointments today owing to this, imagine the kind of …

Read More »

Government should Make it Easy for NRI’s to Sell Property

Government should Make it Easy for NRI's to Sell Property

Government should Make it Easy for NRI’s to Sell Property NRI’s while selling a house are liable for Tax deduction nearly above 30% on the total gross receipt. For example you bought a home for 1 CR in 2005 and now you are selling it for 2 CR, the income tax department says the buyer must deduct TDS at an …

Read More »

Government should be careful in Revising Ready Reckoner Rates

Government should be careful in Revising Ready Reckoner Rates

Government should be careful in Revising Ready Reckoner Rates In a significant move, the Maharashtra State Government has decided that the Ready Reckoner rates will now be calibrated each year on the 1st April 2016 aligning with the Financial Year. In most of the location across Mumbai, the Ready Reckoner rates are already very high or very close to the …

Read More »

Coastal Road – A New Challenge or a Dream

Coastal Road - A New Challenge or a Dream

Coastal Road – A New Challenge or a Dream As they say, ” There is light at the end of the Tunnel”, same is the case of Mumbai’s infrastructure story. Although a lot has been done over the past few years, but some thing or the other misses at the tail be it final touches, finishing or jam at the …

Read More »

Pre Approved Home Loan benefits for Home Buying

Pre Approved Home Loan benefits for Home Buying

Pre Approved Home Loan benefits for Home Buying Pre Approved Home Loan benefits for Home Buying: Whenever we speak to a home buyer for a home loan, the answer is let me finalize the property first and then we will apply for the home loan.Which ideally is not always correct. There are a lot of benefits once we get Pre-Approved. A …

Read More »

Secondary Market Sales complications to boost Primary Market Sales

Secondary Market Sales complications to boost Primary Market Sales

Secondary Market Sales complications to boost Primary Market Sales Secondary market also termed as the “Resale Market” is the most uncertain and unpredictable real estate market.  The buyers willingness to sell changes every few days due to either new offers or his realisation that he won’t get any thing else better after he sells; or he realises that his documentation …

Read More »

NRI’s File Returns before 31st July

NRI's File Returns before 31st July

NRI’s File Returns before 31st July Why it’s Imperative for NRI’s who are buying, selling and leasing properties in India to file regular income tax returns. A lot of NRI’s across the world fail to regularize their Income Tax Returns in India every year and the issues become worse when they have to sell a property and compute capital gains …

Read More »

Hope of Deliverance – Realty Sector

Hope of Deliverance - Realty Sector

Hope of Deliverance – Realty Sector The Indian Property market needs a shot in the arm in a lot of respects and the first one has just come as a “Hope”, that Mr.Narendra Modi the most favorite Indian Citizen Today in the world is going to become the Prime Minister of India. On a micro level in the country, what …

Read More »