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VACANT FLATS
Sudharsan misses out on ton, but gritty Rahul takes India to 209 for 2 at teaIndia posted 209 for 2 at tea on day one of the Test against Afghanistan. Sai Sudharsan scored 81 and KL Rahul remained unbeaten on 81. Shu...- DDA identifies 14 land parcels along metro corridors for housing pushThe Delhi Development Authority is gearing up for a game-changer in urban housing by pinpointing 14 land parcels near metro stations. These...
- This HR professional retires at 45 with Rs 1 crore, stops chasing luxury and says he’s happier than ever in DehradunAmit Chilka retired from corporate life at 45 with a Rs 1 crore corpus, challenging the notion that massive wealth is required for early re...
- Don’t wait till possession: 4 parking checks every homebuyer must do earlyHomebuyers often face parking disputes after taking possession of their homes. Experts advise checking parking space dimensions, legal term...
- Builder fraud: Bombay HC denies society membership to homebuyer who was sold refuge area as residential flatsWhen Mr Sewadsha from Ghatkopar East purchased five apartments in a housing project in Bhandup he had no idea that the builder had cheated ...
- Landlord gets tax notice about addition of Rs 7 lakh to his income as deemed rent of his five vacant apartments; he fights and wins case in ITAT AhmedabadThe ITAT Ahmedabad ruled in favor of a landlord, striking down a Rs 7 lakh deemed rent addition for five vacant Mumbai apartments. The trib...
- After waiting for 10 years, homebuyers can start construction as Noida Authority approves layouts of Unitech projectFollowing Supreme Court's order, Noida Authority approved Unitech layouts. 5,500 homebuyers await possession. Chairman YS Malik reported co...
- MHADA sets policy for sale of 11,184 vacant flats across divisional boardsAs per the policy specifications laid down by the authority, the divisional boards are directed to submit proposals to the government for r...
- Unoccupied government houses may be used for quarantineAccording to sources, the Group of Ministers (GoM), headed by health minister Harsh Vardhan, discussed quarantine facilities. The ministers...
- Government to hire private security agency to protect its vacant land, bungalows, flats from encroachmentCPWD, the prime construction agency of the central government, has been given the task of deploying private security guards, preferably ex-...
- Centre, UP plan to complete 3 lakh delayed Noida flatsAccording to estimates, the Amrapali group, which alone has to deliver 43,000 apartments, has vacant land and available floor space index f...
- North, east-facing Bangalore Development Authority flats may cost moreAuthority considering charging a permium for ‘vaastu-compliant’ units due to many unsold south and west-facing flats.
- Saif Ali Khan won't have to pay tax on 6,000 sq ft, vacant Bandra propertyThe actor had claimed that he couldn't rent out the place due to "certain defects".
- Sachin Tendulkar won’t have to pay tax on notional rent, rules I-T tribunalTendulkar owned two flats in Pune, a flat in Sapphire Park and another in Treasure Park costing Rs 60.6 lakh and 82.8 lakh, respectively.
- Government will allow candidates from private sector for top management positions in Coal IndiaThe government will consider candidates from the company and other state-owned enterprises, apart from the private sector, for nine of the ...
- DDA app to link contractor's pay with feedback"We will link the 5 per cent security money of contractors with user feedback. We are also trying to bridge the gap between completion of p...
- How does tax work if you have more than one property?It is important for an individual, who is planning to buy a second home, to understand the tax implications under the Income-Tax Act 1961.
- DDA flat likely for family of Delhi gangrape victim"The middle income group Delhi Development Authority (DDA) flat costing around Rs 50 lakh would be alloted from the vacant pool."
- Why not to buy a second houseThe tax on notional rent and wealth tax on vacant property make a second house tax-inefficient. Commercial property is a better way to inve...
- Tax concessions from a vacant houseRising rates and EMIs apart, there are ways to leverage tax concessions on house properties lying vacant. Going for a home loan? Be cautiou...
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