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HOUSE PROPERTY FLAT ISSUES
Disney World is replacing its iconic trash cans, and EPCOT fans have strong opinionsWalt Disney World is implementing new high-capacity trash compactors across EPCOT. These smart receptacles automatically compress waste, re...
Man constructs a house before selling his old property and claims income tax exemption under Section 54; Income Tax Department sends notice; he wins case in ITAT DelhiConstructs house for Rs 47 lakh in Tilak Nagar, sells old property in Paschim Viharfor Rs 53 lakh, pays no tax, tax dept sent notice, man w...
Who pays for repair of leakage from a neighbour's bathroom? Maharashtra co-op court clarifies housing society's liabilityLeakage in concealed plumbing lines of 1st floor bathroom led to ground floor residents facing water leakage; Maharashtra court rules housi...
US single-family housing starts slide in JulyThe U.S. witnessed a notable decline in single-family homebuilding last month, primarily due to elevated mortgage rates. An increase in uns...
Ageing housing societies: How homeowners can avoid losing their homes and money to redevelopment delaysAgeing housing societies that were promised bigger, modern living spaces have seen builders abandon or stall construction for years, with l...
Couple working remotely from Manali explains what Rs 15,000 monthly rent will get you; breaks down renting vs leasing optionsAs per a couple, Divya and Saurav, living in Manali offers both perks and challenges for remote workers. Renting a 1-room kitchen costs bet...
Should I sell my flat and invest to earn interest, or keep it and earn rent in my retirement?ET Wealth Reader's Query: I own a two-bedroom flat in Bengaluru, which is about 10 years old, and have no outstanding loan. I am a senior c...
Cab driver was laid off from tech, now earns Rs 1.2 lakh a month. He said, 'Rs 40,000 job was just a side income'Pratham, a social media user, shared a conversation with a cab driver who had recently been laid off from a tech company. The driver appear...
Apartment owners can't stop residents of another housing society from using common amenities if sale deed allows it, rules Karnataka HCApartment owners have no exclusive rights over common amenities if they signed sale deed containing a clause giving consent to sharing them...
Parents win back their flat gifted to son as tribunal finds son failed to take care of parents; Bombay HC orders son to vacate the propertySon promised to care for elderly parents after receiving their Mumbai flat as gift; however, he failed to do so; Bombay High Court cancels ...
Inherited mother's land, converted it into business stock, and invested over Rs 5 crore in a new home; ITAT Surat grants Section 54F tax exemption relying on a 1983 CBDT circular; Know whySon inherited 50% of mother’s land and took it in his real estate business as business stock; brought an even larger plot for Rs 2 crore cl...
Housing society expels member by passing a resolution with 3/4 majority: Can it force the resident to vacate or sell the flat?If housing society expels resident from membership by 3/4th majority votes, should the resident vacate or sell the flat? Know what the law ...
Rs 12.84 lakh, 800g gold seized; TMC leader's ex-bodyguard held in case linked to Bengal stone trader Tulu MondalSaigal Hossain, a former bodyguard, was arrested in a document forgery case. Police seized Rs 12.84 lakh in cash, around 800 grams of gold,...
Real estate stocks: Time for a tactical relocation? 10 stocks with an upside potential of up to 35%In its operating matrix, the real estate sector is different from most sectors listed on the exchanges. In fact, a large part of the indust...
Hearing on notice to wife of Ayodhya donations scam accused over new house deferred
NRI used NRE account to buy Rs 79 lakh property, got ‘unexplained cash’ tax notice; ITAT Ahmedabad grants full reliefNRI used money from his NRE bank a/c to buy property for Rs 79 lakh, files no ITR; tax dept sent notice for unexplained cash; he wins case ...
Delhi Master Plan 2047 eyes 40 lakh homes, with small & affordable housing at its coreDelhi's Master Plan aims to build forty lakh new houses by 2047. The strategy prioritizes small-format affordable homes and rental housing ...
Faulty terrace repairs flooded two flats; Maharashtra court awards senior citizen Rs 3.96 lakh compensationSenior citizen to get Rs 3.96 lakh from housing society after housing society's faulty terrace repairs caused water leakage in his two flat...
Homebuyers lose stilt parking case: Maharashtra court explains why builder's allotment was invalidHousing society prevented homebuyers from using their stilt parking spaces given by builder as it was given after registration of society; ...
Bengaluru tech salaries are rising, then why are people giving up on buying homes? Viral post highlights a deeper issueA viral X post by Shankar von Mysuru has reignited the debate over Bengaluru's rising housing costs, with many users saying homeownership i...