Real estate Trends

Deemed Occupancy Certificate (Deemed OC): Meaning, Rules & Legal Aspects

Introduction A Deemed Occupancy Certificate (Deemed OC) is a crucial concept in real estate, ensuring legal compliance and safety for homebuyers. If a municipal authority fails to issue an Occupancy Certificate (OC) within the stipulated time, it is considered automatically approved under "deemed" status. But how does this impact homebuyers, builders, and real estate transactions?...

Home Buyer’s Guide to Home Loan Tax Benefits FY24-25

Purchasing a home with a loan can lead to significant income tax deductions, available under sections 80C, 24, 80EE, and 80EEA of the Income Tax Act, 1961. Understanding these can help homebuyers optimise savings 1. Section 80C: Covers: Principal repayment, registration, and stamp duty. Limit: Up to ₹1.5 lakhs/year. Eligibility: Applies to self-occupied, rented, or deemed-to-be-rented...

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Mandatory TDS on Rent Payments for Flats in Mumbai: What Tenants Need to Know

Renting property in Mumbai, especially in areas like Bandra, Juhu, South Mumbai, and Powai, often exceeds Rs. 50,000 per month. With this, tenants must understand the obligation to deduct TDS under the Income Tax Act. Failing to comply can result in penalties and legal consequences for both landlords and tenants. Here’s a breakdown of how TDS applies to rental payments: 1. Understanding TDS on Rent...

The Complete Guide to Stamp Duty and Taxes on Gifted Property in India

Introduction Gifting property is a thoughtful gesture, often shared among family members in India. However, it's not as simple as handing over the keys—there are critical legal and financial factors to consider. This guide covers everything you need to know about stamp duty and tax implications for gifting property, helping you make an informed decision. What is a Gift Deed? A gift...

Vibrant and modern skyline of Thane and Mumbai featuring high-rise buildings, residential complexes, and lush green areas, with iconic landmarks like the Bandra-Worli Sea Link and a bustling street scene, representing the dynamic real estate market in both cities

Exploring Thane Mumbai Real Estate Market: A Comprehensive Guide

Discover the dynamic real estate market in Thane and Mumbai, two of India's most sought-after property destinations. This guide explores key neighborhoods, market trends, and investment opportunities in both cities. Learn why Thane is rapidly gaining popularity with its affordable housing and growth potential, while Mumbai continues to attract buyers with its established market and high rental yields. Find out how trusted real estate agents like OneStopRealty.in can help you navigate these bustling markets, providing expert insights and personalized services to make informed property decisions.

Illustration of Mumbai's skyline featuring a mix of modern skyscrapers and affordable housing projects, with construction cranes, green spaces, and happy people moving into their new homes. A banner at the top reads 'Affordable Housing in Mumbai' highlighting the vibrant and inviting community atmosphere

Affordable Housing in Mumbai: A Journey Through Chaos and Opportunity

Hey there, curious Home Buyers and First time home buyers of the real estate! Welcome to the post on our quest to decode the Truth of affordable housing in Mumbai. Imagine you're setting off on a grand adventure, complete with dragons (bureaucracy), hidden treasures (affordable homes), and wise sages (government schemes). Ready? Let’s dive in! The Government Schemes and Subsidies Alright, let's...

Luxurious apartment complex with spacious open flats, large windows, high ceilings, and premium amenities including a swimming pool, gym, and children's play area, set in a serene and well-maintained environment with content and engaged residents.

Is Paying a Premium for Real Estate Worth It?

 Real estate market and price trends and understanding why the prices are raising in real estate market Understanding the Price Difference Rate 25000 per sq feet but builder charging 30000. This phenomenon is common when you reside in premium places. The Philosophy of Living in Premium Locations Philosophically, you should live near people above your level so you grow in life and get that...

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