Rental House

Anarock's data shows rents in various Bangalore neighborhoods have jumped by double digits since 2019, echoing a wider surge across India's major cities

Consumers are preferring to take homes on instead of buying them, as construction costs and interest rates rise

The biggest jump in the house rent was seen in Noida Sector 150 where the monthly rent for a 1,000 sq ft flat jumped 23 per cent from Rs 15,500/month in 2019 to Rs 19,000/month

Avoid paying more than 15-20 per cent of post-tax salary as house rent

As Brazil reels from mobs of rioters swarming its seats of power, its former leader has decamped to a Florida resort, where droves of supporters flocked to cheer on their ousted president. Devotees have traveled in recent days to the temporary home of Jair Bolsonaro, a gated community with towering waterslides, for a chance to see him. He signed autographs, hugged children and took selfies with adoring masses, some sporting Make Brazil Great Again shirts. I will always support him, said 31-year-old Rafael Silva, who left Brazil eight years ago and now installs flooring in central Florida, where he stood outside Bolsonaro's rental home Monday. He was the best for the country. By early afternoon, the handful of supporters in yellow jerseys dissipated as word spread that Bolsonaro was hospitalized with abdominal pain. His wife, Michelle, said on social media that he had been hospitalized for observation due to abdominal discomfort related to a 2018 stabbing that has led to multiple ...

For property bought as resident or inherited, up to $1 mn can be sent each year

The highest rise in the demand for rental houses was seen in Mumbai and Bengaluru. In both the cities, the demand rose by 15-20 per cent as compared to 2019

One common query is what happens when a person not registered under GST rents a residential property to a person registered under GST

Rental properties are seeing high demand in major metros and many of them are getting rented out within six hours of posting advertisements online, according to a realty portal.

Businesses with a turnover of less than Rs 40 lakh per annum and salaried individuals are not required to pay the GST on rent under the new rules

The rent of apartments for top executives will attract an 18 per cent Goods and Services Tax (GST)

Keep rent receipts that serve as proof handy should taxmen come calling

The pan-India rental rates witnessed a growth of 4 per cent QoQ, displaying improved strength of the rental housing market in the country.

What is the Model Tenancy Act?

The government had cleared the Model Tenancy Act (MTA) last year to regulate the rental market and unleash the potential in the real estate sector. Our next report tells more about this new Act

At the end of June, its net debt shrank to Rs 4,745 crore from Rs 5,267 crore in March-end

By giving landlords the confidence to rent their properties, it will augment supply, providing tenants with more choices

New law makes renting out urban or rural property without a written agreement illegal, seeks to balance the interest of homeowners and tenants

The Union Cabinet approved the Model Tenancy Act under which separate rent authorities, courts and tribunals will be set up in districts to protect the interest of both the owner and tenant.

The Act proposes to establish an independent authority in every state and UT for registration of tenancy agreements and even a separate court to take up tenancy related disputes.

Delhi's upscale Khan Market has witnessed 14 per cent decline in rental during the last year amid the COVID-19 pandemic and is ranked 21st in the most expensive high street retail location in Asia Pacific region, according to Cushman & Wakefield. Around 80 per cent of Indian high street retail markets experienced declines in rent during this period, the property consultant said in its latest Main Streets report. The top three most expensive cities for retail remain as Hong Kong, Tokyo and Sydney. Regionally, among the worst-impacted was Hong Kong's premier shopping district of Causeway Bay, which saw a 43 per cent fall in rent to HK$ 870 per sq ft per month. "Among Indian high streets, Khan Market saw a 14% decline in 2020 and slipped out of the top 20 most expensive markets in the APAC region," the consultant said. Khan Market continues to be the most expensive retail market in India with a rent of USD 195 per sq ft, followed by Connaught Place in the national capital. Cushman .