Property for Sale in Sector 50

A look at five highly expensive localities in the national capital region and what makes them worth it.

From June this year, the government has made it mandatory for such renters to deduct five per cent TDS (tax deducted at source) and deposit it with the income-tax department. The move will ensure that people do not claim high house rent allowances using false documents. It will also pressure landlords to reveal their real rental income.

Real estate developers must now be financially sound in order to exist in the market and operate smoothly. Homebuyers can relax because the new real estate law ensures that every developer has enough finances to complete a project.

As a homebuyer of today, you are empowered with a solid legal backing. However, this does not amount to you taking the home-buying business any less seriously.  Doing the “due diligence” is as important today as it used to be in the past.

City suburbs have their own positives that make them a great choice for buyers as well as renters. In fact, suburbs provide renters an opportunity to enjoy a better life standard at affordable rates.