Begam Pur Property

Though a structure of bricks and tiles, your home is also built with the help of various papers, literally. A thorough paper check assumes significance in the light of the complexities involved with the home-buying process. To make this easy for you, MakaanIQ lists the documents you must know about if you are planning a home purchase.

We moved to big cities in hopes of living better lives, and we have certainly been able to do so. However, there is another side of this story. As residents of big cities, we also face certain challenge, pollution being the biggest one. Poor air quality in cities such as Delhi adversely impacts the health of its residents, for example. Sensing a great business opportunity here, many companies have launched air purifier that would help you breathe in fresh air.

The Delhi High Court on November 26 stayed the two notifications of the environment ministry through which it granted exemption from environmental clearance to real estate projects with a built-up area of up to 50,000 square metre, and industrial sheds, educational institutions and hospitals with a built-up area of up to 150,000 sqm. The HC passed the interim order on a plea by a non-governmental organisation, challenging the November 14 and 15 notifications of the ministry, alleging that they were in violation of fundamental rights to protect life and personal liberty and equality before law.

The growing demand for living space, especially in the rental segment, has led to letting out of basements for dwelling purposes. But, it is illegal to use a basement for residential purposes. According to the National Building Code, basements can only be used legally for commercial purposes, storage, parking, cellar, dark room or a space where air conditioning machinery can be installed.

Central Board of Direct Taxes had notified the new provision of Tax Deducted at Source [“TDS”] on immovable property. The amendment is effective from June 1, 2013. With developers, builders, residential societies and associations starting up with the process, this article aims to provide you with procedure that is to be followed to pay the TDS.