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HOMEBUYING TAXES
Man dies in motor accident, family seeks Rs 2.25 crore in damages: Here's why SC fixes ‘fair’ compensation based on his ITR, sets a precedent- Man booked 11 shops for Rs 25 lakh in Mumbai in 1995 but didn't get possession even after 30 years; he fights back and wins full refund with 12% interest
- Homebuyer paid for a flat in a Delhi housing society in 2003, got delayed possession, sought compensation for delay; SC defends his right
- Homebuyer wins full refund with Rs 1.57 crore interest in MahaREAT as builder delays possession by 3 years, citing MHADA-MCGM disputeHomebuyers have won a significant victory as MahaREAT ruled a builder cannot use inter-authority disputes to justify possession delays exce...26 Jun, 2026, 04.22 PM IST
- Mumbai IT professional claims Rs 3.91 lakh TDS, gets only Rs 79,000 and Rs 3.36 lakh tax demand as employer failed to deposit tax; here's what happened nextITAT Mumbai found that full TDS credit has not been granted since assessee’s employer has deducted TDS but has not remitted the same to the...26 Jun, 2026, 03.45 PM IST
- Taking a second loan for home loan repayment? Claim tax deduction on both under old tax regime for Tax Year 2026-2027Homeowners can now potentially claim tax deductions on interest paid for both their original home loan and a subsequent loan taken to repay...26 Jun, 2026, 10.58 AM IST
- Booked flat for Rs 24 lakh in 2010, paid Rs 40 lakh over time, still no possession in 2026; homebuyers awarded full refund and Rs 2.5 lakh compensation eachThe case dates back to 2010 when the two homebuyers had made bookings for 3BHK flats in a housing society project initially proposed in Noi...18 Jun, 2026, 11.00 AM IST
- Booked flats in 2005, still awaiting possession: Builder ordered to pay 10.05% interest to homebuyers for nearly 20-year delayThe Bombay High Court, in its ruling, said a builder can’t indefinitely retain purchasers’ money while failing to deliver homes. For the de...12 Jun, 2026, 01.34 PM IST
- RBI's inflation forecast signals 1-2 rate hikes in coming months: ExpertsExperts anticipate one to two rate hikes in the coming months following the RBI's increased inflation forecast, despite keeping the policy ...05 Jun, 2026, 03.43 PM IST
- Supreme Court seeks govt, RBI response to plea for audit of banks' realty exposureThe Supreme Court has asked the government and the Reserve Bank of India for their response to a petition that wants banks' dealings with r...29 May, 2026, 05.56 AM IST
- Bengaluru property tax: e-Khata open house on May 23, 2026 for grievance redressal under Bhoo Guarantee from 10AM till 5PM in these locationsBengaluru's Greater Authority is hosting an e-Khata open house on May 23, 2026, from 10 AM to 5 PM across various locations including White...22 May, 2026, 05.03 PM IST
- Pay full Bengaluru property tax by May 31, 2026 and get 5% rebate as due date gets extendedBengaluru property owners can now avail a 5% rebate on property tax by paying in full by May 31, 2026, as the deadline has been extended. A...02 May, 2026, 05.10 PM IST
- Planning to take home loan? 5 smart ways to maximise your benefitsThe amount you borrow should depend on your personal financial situation, including monthly expenses, existing liabilities, lifestyle needs...01 May, 2026, 04.08 PM IST
- Our objective is to give houses to 22,000 homebuyers of ailing Unitech: SCThe Supreme Court is pushing for a resolution for 22,000 Unitech homebuyers. The court wants suggestions from the new board, banks, and fin...29 Apr, 2026, 09.17 PM IST
- Can Rs 1.5 lakh monthly salary afford to buy a home? 30-year-old with Rs 22 lakh savings reopens rent vs buying debateA 30-year-old woman earning Rs 1.5 lakh per month and holding savings of over Rs 22 lakh has sparked an online discussion after questioning...29 Apr, 2026, 03.44 PM IST
- Property tax: e-Khata in Bengaluru can now be downloaded online using SAS Property Tax ID; Know how to downloadBengaluru residents can now download their e-Khata online. This new system uses your SAS Property Tax ID for quick access. The Bruhat Benga...25 Apr, 2026, 03.27 PM IST
- Welspun Enterprises picks up 4.5 lakh sq ft office space in Pune’s HinjewadiWelspun Enterprises has secured a significant office space deal in Pune's Hinjewadi IT hub. The company leased over 4.5 lakh square feet of...20 Apr, 2026, 10.52 PM IST
- China plans to slash homebuying taxes in fiscal stimulusChina is considering significant tax cuts on home purchases to revitalize its struggling housing market. The proposed plan would allow majo...12 Nov, 2024, 03.39 PM IST
- Tax relief for homebuyers, developersThe government has decided to increase the differential from 10% to 20% under Section 43CA of Income Tax Act. This will be applicable on pr...13 Nov, 2020, 10.36 AM IST
- Proposed 1% surcharge to make Mumbai properties more unaffordable1% surcharge proposed by Municipal Corporation of Greater Mumbai will make houses costlier in the most expensive property market.31 Mar, 2017, 11.31 AM IST
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