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MultiFlats.com is a growing online real estate property portal for searching of residential properties for buyers and sellers in Delhi NCR.

Income Tax Benefits on House Rent Paid for Salaried and Business Professionals
24/05/2018

Income Tax Benefits on House Rent Paid for Salaried and Business Professionals

Income Tax laws allows you to declare amount paid for rental properties to be considered under tax exemption and enables you to claim tax refund for the same. This is applicable for both salaried as well as business people. This is commonly known as HRA exemption and there is different provision for...

Property Rental Income over 20 lac under GST ambit
15/07/2017

Property Rental Income over 20 lac under GST ambit

Defying all the presumptions, residential rental income has been kept out of Goods & Service Tax (GST) ambit. But not if the residential property in Delhi NCR is rented for commercial use for above 20 lacs a year. Below that slab it is exempted from GST. Financial Services Secretary, Hasmukh Adhia a...

GST Impact on Ready to Move Apartments
07/07/2017

GST Impact on Ready to Move Apartments

New Delhi: In the shadow of GST, builders and brokers speculate the real estate sale to be generally slow, until the time the real estate developers do not arrive at the actual tax impact of the new one-time taxation system. The customers, builders, and brokers are confused about the actual tax effe...

Is it true that Real Estate market are favorable for end user in last 3 years under Modi Government?
25/06/2017

Is it true that Real Estate market are favorable for end user in last 3 years under Modi Government?

Recently, Modi Government has completed three years of administration. While, many changes have been done and realized in different sectors of the industry, the real estate sector is yet to witness “Achchhe Din”. Though one remarkable reforms have been made in the past three years, the market sentim...

License agreement or Lease agreement, which agreement should prefer in case of rent out property.
23/06/2017

License agreement or Lease agreement, which agreement should prefer in case of rent out property.

Though there seems to be no difference between license and lease, yet these are quite different in our law. It is necessary to know the difference between the lease and license before conceding a right for another party to use your 2 bhk flat on rent or any residential property. As a landlord, you c...

New regime in taxation will definitely bring a booming effect on the Real Estate
19/06/2017

New regime in taxation will definitely bring a booming effect on the Real Estate

The new change in the GST system for real estate sector is going to be an influential step. The Government of India has declared an imposition of 12 per cent GST on construction projects, which can be a game changer for the real estate sector. At least, National Real Estate Development Council (NARE...

Sector 58, Gurgaon has become investor delight as lot of residential project available with strong connectivity.
16/06/2017

Sector 58, Gurgaon has become investor delight as lot of residential project available with strong connectivity.

Gurgaon is country’s leading financial and industrial hub. At present, its Golf Course Extension Road along with Sector -58 is the most attractive zone for property investment, because of upcoming elegant residential projects, smooth connectivity, excellent facilities and promising growth in infrast...

Are you prepared to avoid few mistakes before buying any property.
14/06/2017

Are you prepared to avoid few mistakes before buying any property.

The house you are going to buy has many attachments of yours – emotional, financial. If everything turns out to be fine and perfect then you it turns out to be a safe haven for you, else you land in to utter disappointment and agony. That’s is why home buying should never be done in

Is Faridabad Property Market Shaping as expected ?
13/06/2017

Is Faridabad Property Market Shaping as expected ?

The entire nation has just recently emerged from the hard hit of demonetization applied last year. National economy has reaped mixed benefits due to this step taken by PM Shri Narendra Modi. While many sectors rapidly received from the troll, the hard-hit property and real estate sector is still exp...

Renting of apartment demand growing in growing cities.
13/06/2017

Renting of apartment demand growing in growing cities.

It has always been a matter of debate for property seekers whether they should buy a house or continue staying on rent. There are a lot of aspects associated for consideration when you fall in to such a mentally conflicting debate. At a time when home loan is getting cheaper and property market has…

It was likely to be encroached if ’s efforts had been futile....
15/03/2017

It was likely to be encroached if ’s efforts had been futile....

The joint endeavors of residents from two residential apartments in sector 74 Noida has paid off. The residents of Ajnara Grand Heritage and Supertech Capetown had appealed Noida Authority to develop the landscape on 3-acres of land between these two residential complexes.  Noida: Resident’s joint e...

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