Housing Rent

TMS Ep407: Milk crisis, rising rentals, IT Q4 results, RBI's pause & pivot

Is India staring at a milk shortage? What do increasing rentals tell us about the economy? Will Q4 results of IT majors surprise the Street? What's RBI monetary policy's pause and pivot? Answers here

Amid salary cuts, layoffs, techies now hit by soaring rents in Bengaluru

The techies, especially those in early phase of their career, are finding it difficult to afford exorbitant rents and they are considering to migrate to distant localities that have afforable rents

House rent across major cities in India to keep rising in 2023: Anarock

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

GST would apply if a rented residential building is sublet as hostel: AAAR

Residential properties taken on rent by families or individuals for own use exempted

NRIs can repatriate funds from sale of two houses, say experts

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

Average monthly rent of luxury homes up 8-18% in last 2 yrs in top 7 cities

Average monthly rentals in posh residential colonies across seven major cities rose 8-18 per cent in last two years while capital value appreciated by 2-9 per cent, according to Anarock. Real estate consultant Anarock noted that demand for luxury residential properties -- for buying and renting -- in upscale colonies has increased across the seven cities namely Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune. As per the data, Mumbai's Worli saw the highest rental growth of 18 per cent to Rs 2.35 lakh per month from Rs 2 lakh per month in 2020 for luxury homes of minimum 2,000 square feet area. Bengaluru's Rajaji Nagar witnessed the highest capital appreciation of 9 per cent with average prices increasing to Rs 6,200 per square feet in 2022 from Rs 5,698 per sq ft in 2020. "Most prominent luxury housing markets witnessed double-digit growth in rentals in the last two years," Anarock Chairman Anuj Puri said. "Pre-COVID, average 2-year lux

PriceLabs raises $30 mn from Summit Partners, plans to accelerate hiring

PriceLabs was founded in 2014 to bring Artificial intelligence (AI) and analytical tools to owners and managers of vacation homes and short-term rentals

Missed declaring rental to employer? Claim HRA exemption while filing ITR

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

It's time to deduct TDS if rent exceeds Rs 50,000, say analysts

Applicable rate is 30% for non-resident landlords, 5% for rest

Govt approves Model Tenancy Act to unlock vacant houses for rental purposes

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.

Smart new models that can help you max the rental income from your house

We look at co-living and AirBnB versus traditional letting out models to suggest how to best exploit your property

Housing rent rises by up to 5% in 8 cities in July-Sept quarter: 99acres

Real estate market is facing a multi-year slowdown leading to poor sales and significant delays in completion of housing projects