Deadline for payment of property tax extended till March 31

Deadline for payment of property tax extended till March 31

The State government has extended the deadline for payment of property tax till March 31, exempting the penal interest till that date. The decision was taken as part of measures to step up property tax collection, Minister for Local Self-Governments M.B. Rajesh said here on Monday. The government was also was of the view that … Read more

Comparing investment potential in Indian vs US real estate markets

Comparing investment potential in Indian vs US real estate markets

Over the last several decades, real estate has been considered a very safe and stable option to park hard-earned savings. As a standard, across the world, real estate is always going to escalate in value, and over time, as the global economy continues to evolve, investors are increasingly exploring opportunities beyond their borders. Two prominent … Read more

After a troubled phase, ready for re-rating ? 7 housing finance stocks with a upside potential of up to 34%

After a troubled phase, ready for re-rating ? 7 housing finance stocks with a upside potential of up to 34%

Synopsis In theory, lower interest rates are supposed to push demand for real estate. but if one looks at what has happened in the last one year, this theory has been turned upside down. Interest rates are high on a relative basis as compared to what they were three years back, but still demand for … Read more

Will home buying affordability rise to a three-year high in 2024? Here's what experts say

Will home buying affordability rise to a three-year high in 2024? Here's what experts say

In the ever-changing landscape of real estate, the potential for acquiring a home may reach a better level, compared with the last three years, by 2024. Looking at market dynamics, price, affordability, and economic indicators, analysts say the prospect of homeownership appears increasingly within reach for many in the coming year. Let us further explore … Read more

Middle-class individuals can leverage PM Awas Yojana to buy their dream home, says Gaurav Mavi of BOP Group

Middle-class individuals can leverage PM Awas Yojana to buy their dream home, says Gaurav Mavi of BOP Group

Before buying a home, understanding the debt ratio is crucial. It helps prospective buyers gauge their financial capacity to manage both home loan equated monthly instalments (EMIs) and living expenses. Gaurav Mavi, Co-founder of BOP Group, talks to Navneet Dubey of BT Money Today about the growing real estate market in the Delhi-NCR region and how homebuyers … Read more

What are the best places to buy property in 2024? G. Hari Babu of NAREDCO says luxury property will continue to be demand in 2024

What are the best places to buy property in 2024? G. Hari Babu of NAREDCO says luxury property will continue to be demand in 2024

In 2023, the real estate sector in India experienced a remarkable surge in demand for premium and luxury properties, especially in metropolitan areas, reflecting the evolving preference for more spacious homes. G. Hari Babu, National President of the National Real Estate Development Council (NAREDCO), an industry association for real estate in India, discusses with Teena … Read more

I own two properties. One occupied by my parents, the other under construction. Can I claim income tax benefits on home loans taken for both?

I own two properties. One occupied by my parents, the other under construction. Can I claim income tax benefits on home loans taken for both?

I own an apartment in Chennai for which I have a home loan and where my parents are staying. I claim tax benefits in respect of this home loan. In August 2021, I booked an under-construction apartment in Mumbai that will be ready by June 2024. I have also taken a home loan for this … Read more

Court orders arrest of Hassan tahsildar for failure to implement decree in property case

Court orders arrest of Hassan tahsildar for failure to implement decree in property case

A file photo of the Hassan district court. A court in Hassan has ordered the arrest of the tahsildar for failing to attend a hearing in connection with the final decree proceedings (FDP) of a partition suit. The issue came to light when the authorised person of the court, the bailiff, reached the taluk office … Read more

Palaniswami condemns levy of 1% penalty on delayed payment of property tax in T.N.

Palaniswami condemns levy of 1% penalty on delayed payment of property tax in T.N.

AIADMK general secretary Edappadi K. Palaniswami | Photo Credit: JOTHI RAMALINGAM B AIADMK general secretary Edappadi K. Palaniswami on Friday condemned the DMK government’s move to levy a penalty for delayed payments of property tax, for those living in municipal corporations.   In a statement, Mr. Palaniswami recalled that Chief Minister M.K. Stalin, while in … Read more

NAREDCO Telangana property show to be organised from Oct. 6-8

NAREDCO Telangana property show to be organised from Oct. 6-8

The National Real Estate Development Council (NAREDCO) Telangana announced on Tuesday that the 13th edition of NAREDCO Telangana property show will be held at HITEX exhibition centre from October 6 to 8. “The three-day event will showcase different properties to meet the requirements of various customers. As we head towards the festive season, this is … Read more