Dear experts, We are selling a flat owned my mom (22yrs old flat)  and plan is to buy 3 flats  from amount received from the sale and taking the loan for diff amt. Now our family has decided to buy a flat for my Mom and divide the rest of the amount between me and […]

Hi, we have a property – it’s a one storied building. The property is in our parents’ name. We want to sell it. My parents have given consent to sell the property, agree that the transaction would be carried by me. My question is .. Is it possible that the buyer gives the sale amount […]

Hi If I have Rs 50 lakhs in cash that I can invest in a property that can pay a monthly rent of Rs 10,000, is that a good investment? Is there a way to calculate this or benchmark on how much rent (in %) should be acceptable from a property if purchasing only for […]

Hi Friends, Need some advice from investment return, loan and tax prospective. I am NRI. There is commercial property in Mumbai where MOU signed between Bank & Builder to use the space for upcoming bank branch. (Expected readiness time : Jan 2015). Lockin Period is 9 year with every 3 year 15% interest. Property cost is 2.25 […]

Hi I booked an apartment 3 years back. Due to the slow pace of construction , i want to cancel my booking unit. Could you please advice me on below queries, 1. which point should I include in the cancellation  application ? 2. Give me a proper cancellation application format. 3. How would I take the […]

Hi, I am planning to get my one-storied house sold. It is at Tollygunge area, Kolkata. Details are given below – Age of the house – around 15 years Land Area – 1800 sq-ft  [2.5 cottah] Built up Area – 1000 sq-ft No. of bedrooms – 3 No. of washrooms – 2 No. of kitchen […]

We are planning to buy a house in Bangalore. I just want to know that what kind of thing should know a buyer when they are not local & not having any experience of buying any property. Please let me know that what’s the all thing & approval required to buy any independent house & […]

Hi, I have the following scenario, I need some guidance to calculate the tax…  1)      Land is purchased in 1998 for Rs. 2.5L , on my dad’s name, was working for state Govt, now retired 4 years ago. 2)      House is built in 2005, borrowing Rs.10L housing loan from ICICI bank in my name (but […]

Hi Experts, I have come across with a advertisement from reputed builder for few projects in Gift City (Gandhinagar, Gujarat) but I am really not sure how practical is to get assured return and why builder is giving such return? This is a commercial property and for an example if you buy a property of […]

Hi All, I might sound naive but this question came up when I was discussing with my friend regarding pre-closure of Home loan. How do we protect our house related documents, deed/the actual ownership itself? With lot of scams going around in the recent days, there were lot of people who went through such life […]