RERA (Real Estate Regulatory Authority) was introduced by the Indian government in 2016 to regulate the real estate sector and protect the interests of homebuyers. The RERA Act mandates the creation of state-level regulatory authorities to oversee the real estate industry.… Read more
Net absorption is a term used in the real estate industry to describe the amount of space that is leased by tenants in a particular market over a specified period, typically a quarter or a year, minus the amount of space that is vacated by tenants during the same period.… Read more
Trial balance is a financial statement that lists all of the general ledger accounts and their balances at a specific point in time. The purpose of the trial balance is to ensure that the total debits equal the total credits, which is a fundamental principle of double-entry accounting.… Read more
Form 16 is a certificate issued by an employer to its employees, which contains details about the salary earned by the employee during the financial year, and the tax deducted at source (TDS) from the salary by the employer.… Read more
In India, the tax implications on a gifted property depend on various factors such as the value of the property, the relationship between the giver and the recipient, and the purpose of the gift. Here are some general guidelines to consider:… Read more
If you have taken a joint home loan in India, here are some tips to save taxes:… Read more
A dedicated freight corridor (DFC) is a specialized railway track designed for exclusive use by freight trains, separate from the tracks used by passenger trains. These corridors are meant to improve the efficiency and speed of freight transportation by reducing congestion and allowing for higher-speed, longer and heavier trains that can carry more cargo.… Read more
Nagaram is a rapidly developing suburb located on the outskirts of Hyderabad, Telangana. Over the past few years, Nagaram has emerged as a promising real estate investment destination, thanks to its strategic location, connectivity, and growing infrastructure. Here are some reasons why investing in Nagaram can be a good decision.… Read more
Buying a resale flat in Noida is a popular choice among homebuyers as it offers several advantages over buying a new property. Resale flats are usually available at lower prices than new ones, and they are ready for occupancy immediately. Moreover, you can inspect the property before buying, which is not possible in the case of new flats. However, buying a resale flat involves several steps, and it is essential to understand the process in detail to ensure a smooth transaction.… Read more
Over the past nine years, the government of India has made significant progress in expanding the country’s national highway network. According to recent reports, almost 50,000 km of national highways have been added to the network since 2014, with the goal of connecting cities, boosting trade, and improving the overall infrastructure of the country.… Read more
