everythingaboutproperties

There are many home owners who make their homes a place of commercial establishment. Is it right to convert your residence into office? Is it right to carry out commercial tasks from your house? Should your residence be taxed? Run your eyes through the next lines to know more. Wait before your start your business from home Many property buyers purchase a property with a hope of using the home for living as well as for working purposes. Imagine, you live in a residence with your family. You are a person who wants to start a business of movers and packers right from your house. The high price of a plot does not allow you to start your business in a different place. Therefore, you decide to begin your start-up business from your house. Are you allowed to run your business from your house? You are staying in a home which is used for accommodation. In the same home, when you will run your business, your home is used for staying purpose as well as for commercial purpose. For example, if...

The Seventh pay commission The Indian Union Cabinet finally approved the long-debated topic, Seventh Pay Commission recommendations on June 29, 2016. This move by the government will directly benefit approximately 50 lakh employees working as staff and about 58 lakh pensioners throughout the country. The impact of this move can just be derived from the fact that many officials working at senior level positions in various government departments will now draw salaries higher than even the Members of Parliament. This move will clearly generate good momentum for Indian economy which is already growing at the rate of 7.5%. It will also have a direct impact on consumption demand in many urban areas of India due to increasing income levels. The approval for 7th Pay Commission definitely comes as good news for real estate sector. But before, we discuss more on this, let us have a quick look at Major recommendations laid by the Seventh Pay Commission: 7th Pay Commission recommende...

What are the types of real investments   The real-estate market is a very expensive one. Property prices are very high nowadays. Middle-class families cannot completely rely on their savings while purchasing a property. Therefore, home loans play an important role while purchasing a property in residential areas like J.P Nagar At a later stage, apart from home loan EMIs, there are many other overhead expenses which may lead to financial stress. But, at any stage, you cannot ignore to pay the EMIs. In this article, you’ll get to know, how to manage home loan EMIs during the financial crisis.   What If You Fail To Pay the EMI? Defaulting on loan payment is a very offensive crime in India. The government has made the rules stringent citing the examples of Vijay Mallya and Nirav Modi. If you fail to pay the EMI, the bank will issue a notice and consider you as a loan defaulter. Failing to pay the EMI will directly affect your credit score. With a low CIBIL score...