Here’s how Long Term Capital Gain (LTCG) is calculated in these scenarios: Scenario 1: I sold…
Tag: Residential Property
Real estate hasn’t found its footing yet
Real estate companies saw stellar pre-sales or bookings in the December quarter (Q3FY23). Management comments of…
Income tax rules on sale of second house explained
Whether long term capital gains exemption is applicable for transaction of sale of second house/third house…
Housing sales in top 7 cities to reach decade’s highest of 215,000 units in 2022: JLL
New Delhi: Housing sales in India’s top seven cities – Mumbai, Delhi NCR, Bengaluru, Hyderabad, Chennai,…
5% rise in average housing prices in top 8 cities: Report
Prices have increased at a higher rate in major micro-markets of major cities. (File) New Delhi:…
Mint Explainer: What’s keeping Chennai’s affordable housing market momentum going?
Among the top eight cities according to Knight Frank India’s Affordability Index, Chennai is one of…
Commercial vs Residential: Which Investment is Better for Rental Income?
The major benefits of investing in real estate are property ownership, tax savings, rental income, etc.…
How to save tax on sale of agricultural land?
I have some agricultural land from last 30 years. How can I save tax on the…
How is the tax calculated on the sale of property?
We sold a residential property in June 2019. However, a new asset could not be bought…
Will a POA prepared in the US be acceptable in India?
My son, now a US citizen, wants to sell his residential property here in India. He…