One of the primary functions of the RBI is to control the supply of money in the economy and also ‘the cost of credit.’ Meaning, how much money is available for the industry or the economy and what is the price that the economy has to pay to borrow that money. ‘Availability of money’ is […]
Real Estate
How to calculate Holding Period & Capital Gains on sale of an Under-Construction property?
Buying a property (home/plot/flat) is one of the most important decisions that you will ever make. It involves a lot of money and is a serious money decision. It is an emotional one too! There can be instances where you had to sell a property due to various reasons. In case, you wish to sell an already constructed […]
Checklist of Important Property Documents in India | Legal Checklist for Property Purchase
Buying a property (home/plot/flat) is one of the most important decisions that you will ever make. It involves a lot of money and is a serious money decision. It is an emotional one too! Whether you are a first-time property buyer or an experienced owner, buying a real estate property in India is not an easy task. It requires good […]
BDA Kempegowda Layout – Latest Notification (2018) – Details & Eligibility Conditions for Allotment of Residential Plots
Kempegowda Layout is one of the new layouts that is being developed by the BDA (Bangalore Development Authority). BDA had earlier issued a notification in 2015, inviting applications for Allotment of 5,000 residential sites in KG Layout. You may kindly go through my new article : Latest BDA Plots E-auction June 2020 | Details & […]
Benami Properties – Definition, Exceptions & Penalties | Linking Aadhaar to Property documents, a good solution?
Black money, Demonetization, Benami, Aadhaar etc., are few of the most searched words on internet these days. After the surgical strike on black money through demonetization in November 2016 , the govt has made it intentions very clear and has warned benami property holders that their next step would be against them. Of-late, you must […]
Long Term Capital Gain Exemptions on Sale of Property & Recent Court Judgments
Capital asset typically refers to anything that you own for personal or investment purposes. It includes all kinds of property; movable or immovable, tangible or intangible, fixed or circulating. Examples include a house, land, household furnishings, stocks, bonds or mutual funds held as investments etc., When you sell a capital asset, the difference between the purchase price of the […]