Borrowers claiming unlimited tax benefits on interest payment towards home loans for a rented out second property will have their tax deduction capped from 1 April 2018. While individuals today use this window to set off any loss arising from property against salary or other income, without any upper limit, they will be able claim...Read more
Show all posts in Experts Speak
Pay on time or be prepared to pay through the nose – Property Taxes
If some of you who own houses or any property in Bangalore have a tendency to delay annual property tax payments, then here is a wake up call. People tend to overlook this payment due to a variety of reasons, including the cumbersome process of payment to not being in Bangalore, or being sheer lazy...Read more
How is Guidance Value calculated in Bangalore?
Given the daily volume of questions that we get on Guidance Value and its calculation, here are some tips to help you understand it and also do an approximate calculation. However, the rates or the calculation used here is illustrative and it is always advisable to check with your jurisdictional Sub-Registrar Office (SRO) to ascertain...Read more
Getting The Most Out Of Rental Income-Producing Properties
If you have some surplus funds and are looking to invest in a property purely for generating rental income, your highest chances for success lie in educating yourself about the right opportunities and avoiding the wrong ones. Among many other things, you need to know how the different rental markets (read ‘cities’) are performing across...Read more
Bangalore Real Estate: Is Your Dream Home Actually A Lake Encroachment?
Trivita Roy Trivita Roy Assistant Vice President, Research and REIS, JLL India Who isn’t fascinated by the idea of owning a home by a lake a chance to live life amid greenery and nature even within the concrete jungles that cities like Bangalore are turning? Unfortunately, this dream could potentially turn into a nightmare if...Read more
