Real Estate

Noida International Airport Plots: Huge Surge in Demand of Investors

Have you looked for the perfect place to build your dream home? The Yamuna Expressway Industrial Development Authority (YEIDA) had recently launched a remarkable scheme that had captured the attention of real estate enthusiasts across the region. This fantastic opportunity involved allocating plots for independent houses near the upcoming Noida International Airport, and the response had been nothing...

Noida Authority may allow registry of flats without Occupancy Certificate (OC) & Completion Certificate (CC)

In a bold move that promises to reshape Noida's real estate landscape, the Noida Authority has unveiled a proposed policy that could allow flat owners to register their properties even without possessing an Occupancy Certificate (OC) or a Completion Certificate (CC). While this policy is currently in its draft stage, its impending implementation is expected to bring about significant changes in property...

RBI Home loan

RBI offers Choice of interest type: Relief for home loans borrowers

The Reserve Bank has just rolled out a helpful plan to assist those dealing with high interest rates. If you have a home loan, auto loan, or any other type of loan, you'll soon have the option to switch from uncertain floating interest rates to stable fixed rates. This switch could provide some relief to borrowers facing financial uncertainty. The plan was introduced by Reserve Bank Governor Shaktikanta...

Uttar Pradesh Government New Initiative on Gift Deed, Property Transfers Easier within Family

In a recent cabinet meeting led by Chief Minister Yogi Adityanath, the Uttar Pradesh government has approved a significant exemption from stamp duty for family-related matters concerning the distribution of ancestral property among family members. This means that now, when executing a gift deed, partition letter, or family arrangement/memorandum of agreement, the stamp duty to be paid is only Rs 5,000....

Indian Passport Holders Can Travel Visa-Free

Indian Passport Holders Can Travel Visa-Free to 59 Countries

The Indian passport has been steadily improving in terms of its visa-free access. As of July 2023, Indian passport holders can travel visa-free to 59 countries. This means that Indian citizens can enter these countries without having to apply for a visa in advance. For years, obtaining visas for international travel has been a cumbersome process for Indian citizens. However, the situation has vastly...

Capital Gain on Sale of Property in India: Implications and How to Save

Capital Gain on Sale of Property in India: Implications and How to Save

If you are planning to sell a property in India, it is important to be aware of the capital gains tax implications. The amount of tax you will have to pay will depend on the type of property, the holding period, and the amount of profit you make on the sale. Types of capital gains There are two types of capital gains on the sale of property in India: short-term capital gains and long-term capital...

Liberalized Remittance Scheme (LRS) in India

Investing in International Property: A Simple Guide to India’s Liberalized Remittance Scheme (LRS)

The Liberalized Remittance Scheme (LRS) is a government of India initiative that allows Indian citizens to remit up to $250,000 per year for the purpose of overseas investment. This includes the purchase of international property. The LRS has made it much easier for Indian citizens to invest in international property. Previously, there were a number of restrictions on overseas investment, making it...

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