The introduction of GST has had a considerable influence on the residential and commercial real estate industries. The rental market, like the financial market, is subject to the tax levy. Rental revenue from commercial units, for example, is subject to GST. Other regulations and exclusions of the new tax regime concerning rental properties are listed below.… Read more
Renting or Buying: Which is the Right Choice in Today’s Market?
Choosing between renting and buying a property is a significant decision that can greatly impact one’s financial future and lifestyle. In today’s dynamic real estate market, where trends fluctuate and economic factors play a crucial role, making an informed choice is more important than ever. This article aims to provide a comprehensive guide to help individuals navigate the complexities of this decision-making process.… Read more
How Can International Students Find Rental Apartments in Canada?
Moving to a new country as an international student can be both exciting and daunting. Among the many challenges that students face, finding suitable accommodation is often one of the most pressing concerns. In Canada, a country known for its high-quality education and diverse culture, navigating the rental market can be particularly challenging for newcomers. However, with the right approach and preparation, international students can find a rental apartment that meets their needs and budget.… Read more
How Tenants and Landlords Handle Registration Fees for Rental Agreements
In the realm of renting properties, clarity regarding financial responsibilities is crucial for both tenants and landlords. One common query that arises is, “Who pays for registration of rent agreement?” Understanding the dynamics of registration fees is essential to ensure a smooth renting process and to avoid any misunderstandings. Let’s delve into this topic and shed light on the roles of both parties.… Read more
Understanding Stamp Duty on Rental Agreements: A Beginner’s Guide
Stamp duty on rental agreements is a crucial aspect of property leasing transactions, impacting both landlords and tenants alike. Understanding its implications is essential for ensuring legal compliance and safeguarding one’s interests.… Read more
11 Things To Know Before Renting A House
Renting a house can be an exciting yet daunting task. Whether you’re a first-time renter or considering a new place to call home, there are several crucial factors to consider before signing a lease. From location to lease terms, each aspect plays a vital role in ensuring a smooth renting experience. Here are 11 things to know before renting a house:… Read more
Is Your Tenant Safe? A Guide to Effective Tenant Verification in Ghaziabad
Tenant verification is a critical aspect of the rental process, ensuring a secure and transparent relationship between landlords and tenants. In Ghaziabad, a city witnessing rapid urbanization and a surge in real estate activities, tenant verification becomes even more crucial. In this comprehensive guide, we will delve into the intricacies of tenant verification in Ghaziabad, exploring the latest practices, regulations, and the evolving landscape, drawing insights from recent Indian news and reliable sources.… Read more
Renting from NRI Landlords: How to Ensure a Smooth Experience?
Renting a property from Non-Resident Indian (NRI) landlords brings forth a unique set of considerations and opportunities. As the global diaspora invests in Indian real estate, tenants must be well-informed to ensure a smooth and mutually beneficial rental experience. In this extensive guide, we will delve into useful tips for tenants paying rent to NRI landlords, drawing insights from the latest Indian news and sources.… Read more
Proptech: Transforming the Rental Landscape
Now, more than ever, our lives are intertwined with technology. Right from getting up in the morning to going back to bed at night, you’ll find yourself surrounded by new-age devices. Digital innovation changes economies and markets, altering how business is done regardless of industry. Many sectors, such as telecom & media, were affected a while ago, while others, such as real estate, are only now benefiting from the profound effects of digital transformation.… Read more
A Step-by-Step Guide: How to Fill a Rent Receipt Properly in India
Filling out a rent receipt correctly is essential for both landlords and tenants to maintain accurate financial records and comply with legal requirements. In this comprehensive guide tailored for our Indian audience, we will walk through the intricacies of filling out a rent receipt. From the necessary details to legal considerations, let’s ensure that you are well-equipped to handle this crucial aspect of rental transactions.… Read more