In the case of double-income couples, not more than 40 per cent of the net income of one partner should be the EMI for the property.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Contrary to popular belief, it does make sense to live on rent in your dream house, and own a smaller property, says Manish Shah.
National pistol coach Jung faces eviction from home within hours of returning from Olympics
Shopkeepers in Bahraich scrambled to salvage their goods on Saturday, apprehending a demolition drive by the authorities. According to a local lawmaker, the Public Works Department has served demolition notices to 23 establishments -- 20 of them belonging to Muslims.
Two motorcycle-borne persons, who allegedly opened fire outside Bollywood superstar Salman Khan's house in Bandra, Mumbai, had rented a house for a month in Navi Panvel in Raigad district, some 40 km from Mumbai, where he has a farmhouse, an official said on Monday.
The bodies of Sharma, 46, who worked as a carpenter at the Indian Spinal Injury Centre in Vasant Kunj for the last 28 years but had stopped working since January, and his four daughters -- Neetu, 26, Nikki, 24, Neeru, 23, and Nidhi, 20 -- were found on Friday afternoon, but they had died days earlier. According to their acquaintances, the family was very religious and they would perform prayers every day.
The fighting started after the PDF attacked two military bases at Khawmawi and Rihkhawdar in Chin state near the Indian border, he said, adding that the fighting continued till Monday.
With surging real estate prices ensuring a slowdown in property purchases, renting has become a viable option. Here's how to land the best deal
Police found materials that go into making bomb from the rented house in Mysuru of Mangaluru autorickshaw blast accused Mohammed Shariq, who was 'influenced and inspired' by a global terrorist organisation, a senior police officer said on Monday.
Sara Ali Khan has a treat in store for her fans. Rediff.com's Mayur Sanap, Hitesh Harisinghani and Afsar Dayatar get the details.
One person killed was killed and five were injured in a powerful bomb blast at Uripok Tourangbam Leikai area in Imphal West district on Thursday evening, official sources said.
It is advisable to file your ITR right away and not rely on potential extensions.
The number of subsidence-affected homes rose to 678 while 27 more families were evacuated to safety, a bulletin from the Disaster Management Authority in Chamoli said, adding so far 82 families have been shifted to safe locations in the town.
The police found out that he was staying at Mohan Kumar's house in Mysuru from where materials that go into making a bomb were found.
In his order, the DM said it had come to light that in the present situation of a complete lockdown, several landlords were forcing migrant workers to pay the house rent, leaving them with no other choice but to vacate the place.
Real estate developers are sitting on around 7.85 lakh unsold housing units across eight major cities and it will take them 32 months to clear these stocks at current sales velocity, according to PropTiger. However, in Delhi-NCR residential market -- which has been adversely impacted due to defaults of many big builders like Amrapali, Jaypee Infratech and Unitech -- it will take 62 months to sell over 1 lakh unsold housing units. Housing brokerage firm PropTiger.com data showed that unsold housing inventory has increased to 7,85,260 units as on September 30, 2022 from 763,650 unsold units at the end of previous quarter.
Hitting out at the Congress government headed by Chief Minister Siddaramaiah, he said the ruling party has reached "height of appeasement politics," and alleged that it has in a way made appeasement of minorities its "goal."
Literary adaptations, whistleblower pursuits, kidnapped Santas and South India's biggest stars, Sukanya Verma lists them all on OTT this week.
Long-term tax on capital gains arising from selling a house can be invested in another property under Section 54.
In a separate incident, a tribal woman had lodged a complaint at Saikul police station, stating that her 21-year-old daughter and her 24-year-old friend were allegedly raped by a mob at their rented house near Konung Mamang before brutally murdering them on May 4.
Ziaul Hoque, Motiur Rahaman, Mohammad Yusuf and Jahirul Sheikh have been jailed for seven years and fined Rs 5,000 by the court which delivered the judgement on Tuesday, an NIA spokesperson said.
A government school teacher, his wife and two daughters were allegedly shot dead at their rented accommodation on Thursday, over a month after the family lodged a first information report (FIR) against a man saying he would be responsible if something untoward happened to them, police said.
The purchase or construction of houses by large numbers of people can add meaningfully to India's economic growth, points out Neelkanth Mishra.
rediffGURU Dr Ashish Sehgal counsels individuals on how to resolve conflicts and prioritise mental wellbeing.
Some residents have already taken this step to relocate, either temporarily or permanently, some to their native places and others to clean-air destinations like Goa and Himachal Pradesh.
Surendra Hiranandani -- chairman and managing director, House of Hiranandani -- explains what ails India's housing sector and indicates the way forward.
Kurumbur in gold-loving Tamil Nadu was once a thriving centre for goldsmiths. Today their number is down to two.
Employees who benefit from rent-free accommodation should pay heed to these new regulations, especially if they are in the higher salary brackets.
The prices of unsold homes in Mumbai run into crores of rupees.
So tell us, does Sitharaman's budget deserve cheers or boos?
Dear Finance Minister, We don't expect magic, just a little understanding and some tax relief that feels like a real reward, not a bare minimum. A little extra fuel in our wallets could go a long way, pleads Vatsal Ramaiya
'Our Constitution as well as the Right to Education Act do not make any distinction between Indian or foreigner; it only talks about 'child'.' 'It says that every child has the right to get education.'
If found with invalid one, the landlord will be in trouble and the tenant could face eviction
A 20-year-old NEET aspirant from West Bengal was found hanging in his rented accommodation in Kota but no suicide note has been recovered from his room, the police said on Tuesday.
Aam Aadmi Party leader Bhagwant Mann takes the oath of office in Shahid Bhagat Singh's Khatkar Kalan village.
Nobody has claimed that the wagh nakh being brought to the state from London was used by Chhatrapati Shivaji Maharaj, Maharashtra minister Sudhir Mungantiwar told the legislative assembly.
Housing prices may rise 5 per cent next year on improved demand, according to Knight Frank India. In its '2022 Outlook Report', the property consultant said: "While 2021 was mostly impacted by the volatility due to the pandemic, 2022 may prove to be a more stable year for the sector both for commercial as well as the residential sector." On the housing segment, the report said that sales momentum is expected to continue in 2022 as prospective homebuyers' preferences for bigger homes, better amenities, and attractive pricing will keep them interested to seal the deals.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
The Goa police team reached Sangwan's residence on Sunday and made some enquiries there before leaving for Gurugram to conduct further investigation, sources said.