Category: Money Matters

Circle rates are an essential regulatory tool that establishes the minimum price at which properties can be bought or sold, as stipulated by the revenue department of the state government. They not only impact transaction costs but also play a crucial role in guaranteeing fair market practices. In this...

In 1985, India’s taxation system abolished inheritance tax, a tax levied on inherited assets. However, recently, there have been talks about reintroducing the tax due to apprehensions about the increasing concentration of wealth and economic inequality. This comprehensive guide will walk you through everything you need about inheritance tax,...

Legal proceedings can be complicated and stressful, but settlement deeds help make things easier. These deeds are agreements between parties that can help them resolve matters without going to court. Understanding settlement deeds is important in India, where legal matters can get particularly complex. This blog aims to explain...

The repo rate is a key tool utilized by the Reserve Bank of India (RBI) to inspect the monetary landscape. For individuals looking to purchase a home, comprehending repo rates becomes a crucial part of the process. This article aims to simplify the complexities of repo rates, emphasizing their...

The Loan-to-Value Ratio (LTV) is a critical aspect that shapes borrowing and lending decisions in the financial landscape. This metric measures the percentage of the property’s value that is financed through a loan and plays a significant role in mortgage lending, auto loans, and other forms of secured borrowing....

Real estate management can be a complex field, with numerous terminologies and concepts to understand. One such term that holds significant importance is IFMS, also known as Interest-Free Maintenance Charge. IFMS plays a vital role in maintaining and managing common areas within residential complexes or commercial buildings. In this...

Investors always seek the most profitable sectors to grow their wealth, and one sector that has consistently shown promise is real estate. The real estate industry in India has vitally contributed to economic growth, providing diverse investment opportunities. So, stay with us as we provide you with an overview...

If you are involved in property ownership or real estate transactions, it’s essential to understand possession certificates’ significance. Possession certificates play a crucial role in determining the legal possession of a property, making them relevant to homeowners, landowners, and tenants alike. However, the process of obtaining a possession certificate...

If you’re a property owner, you’re likely to be always looking for ways to maximize your returns through renting. Have you ever considered renting out your property to a bank? This option can offer a range of benefits, including stable income, minimal maintenance, and long-term leases. But how exactly...

Congratulations on considering homeownership! It’s a significant milestone that comes with a lot of excitement and responsibility. However, before you begin your house hunt, make an important decision that could significantly impact your financial stability and peace of mind – choosing between a fixed-rate or floating-rate home loan. This...