Latest Real Estate News and Updates -TimesProperty

People are looking for ideas to renovate their home and give it a brand new look.   The good news is that with a few ideas, you can completely transform your house. With things as simple as an accent wall, colourful lighting, or some new cushions and throw pillows, the entire space will look and feel fresh, stylish, and sophisticated. Here are some of the home décor tips you need to create a stunning space.   1.      Paint the walls in neutral colours – Neutral coloured walls give you a lot of flexibility for decorating as you place accessories in any colour against them. 2.      Decorate the windows – Choose window dressings that are functional yet chic. Go in for lightweight fabrics and in lighter hues that will not fade, even if you get a lot of sunlight in the room. 3.      Use Mirrors if possible - Mirrors help to make a space feel brighter because they will reflect the light in the room. Make sure you p...

  In India, investment in real estate is regarded as one of the most profitable investments and the income from house property is a primary source of income for many households. However, there is a tax on rental income in India. To encourage the customers to continue investing in real estate, the government has allowed several deductions under the Income Tax Act 1961.  Let us find out more about the tax on rental income.   Is Income from house property taxable in India?   Every owner who has leased his home is considered to be making rental income. And these landlords must pay a certain percentage of their earnings towards tax on rental income.  According to the Income Tax Act of 1961, the rental income from house property is taxable under the head- Income from House and Property. However, if the property owner earns any income from renting out their vacant land, such income will be taxable under - Income from Other Sources.      ...

Vaastu science is believed to bring good fortune to the lives of people. Many Indian buyers consider Vaastu before buying a property.   According to Vaastu Shaastra, an east facing house is very auspicious for its residents. It is not only the direction that will make the house auspicious or inauspicious for its residents. The placement and alignment of various things in Vaastu will also have an effect on an individual’s well-being. Let’s look at the best east facing house plan according to Vaastu.   The Vastu direction for an east-facing house is determined by the direction of the front main door of the house. If a person is facing the east direction, while coming out of the house, then it is an east-facing house. An east facing house is beneficial for a number of reasons. As the sun rises in the east, when the morning sunlight enters the house, it fills the house with light and positivity. Other than light and warmth, sunlight also offers feel-good energy to the house a...

A tenancy agreement is a written contract between a house owner and tenant . The agreement will cover everything that a house owner and a tenant have agreed to about the tenancy. It is mandatory that the tenants’ agreement have to be in writing, and the landlord has to give the tenant a copy of the agreement before he moves into the premises. What are the different tenancy agreements in India? The agreement will contain some basic information, like the name of the owner of the property, the details of the tenant, the terms of the agreement, and the amount of the rent that has to be paid, during the time of occupation. The tenancy agreements in India are of three types- rent agreement, lease agreement, and leave and license agreement.   Why is it important to have a house owner and tenant agreement important?   Disputes between the house owner and tenant are very common in India and having a tenant agreement will protect the rights of both the parties involved a...

Buying a home can be challenging especially if you are a first-timer. There are so many procedures and requirements that might make you feel nervous. To help you get the most out of your purchase, here are some home-buying tips you can consider before you buy your dream home. Always check out the following home buying tips before buying a home in India. Edge homes design center will help you throughout the process.   1. Goodwill of the Builder Before you buy a property, it is important to study the builder’s profile and overall history. You can visit the official website of the builder company and check old projects and ongoing projects. Check for completed projects and if there are any issues or delays with any ongoing projects.   2.   Distance from your home to your office   You should also consider the distance between the home and office. It is something which will affect your everyday routine. A lot of time is lost in traveling means less time ...

Griha Pravesh or the house warming ceremony is a very important ceremony in Indian culture. It is performed before a person moves into their new home. The auspicious time and date or best tithi for Griha Pravesh is vital for moving into your new home without any obstacles with positive vibes. The Griha Pravesh pooja is a ceremony that will bring good fortune and positivity to your life if it is done on a specific day and time. Read on to know how you can find the best Griha Pravesh Muhurat in 2022 .   According to beliefs in the Hindu religion, people should always do anything new at an auspicious time. It can be buying a new house, registration of property, purchasing a vehicle, Griha Pravesh ceremony, etc. We give a lot of importance to the nakshatra and muhurat. Hence, if you are planning to shift to your new house soon, it is best to always consult an astrologer or pandit to find out about the Griha Pravesh Muhurat in 2022.   The nakshatras that are considered to be t...