Capital gain at its essence is an increase in a capital assets’ original value. Only when a sale takes place for the transfer of ownership of properties, capital gains tax will be applicable. Capital assets include land, building, vehicles, patents, trademarks, machinery, stock investments etc. Capital gains is particularly covered under the definition of income, […]
Tag: Real Estate
A Glance into Commercial Landscape in 2021
The second quarter of 2020 saw the commercial real-estate being adversely affected by the COVID-19 pandemic, but the market seems to be growing and recovering in 2021. The pandemic has damaged the revenues of most companies, which has led them to re-evaluate their capital expenditures. Since the release of vaccination, companies are expecting the staff […]
Budget 2021 and its impact on real estate
To consider 2020 as just another year that went by, would be a terrible mistake. Most of us felt the dread of 2020, especially the real estate industry. The after-effects of the pandemic still persists and the union budget that took place a few days ago had some meaningful impact on the real estate sector. […]
Perks of staying close to malls!
Though COVID restrictions have been taken off for a while now, it is still uncertain if these are temporary or permanent. The places of entertainment and nightlife seem to have gained a scanty ray of hope due to this decision but it would be too early to celebrate (pun, intended). The new strain of virus […]
Tips to make maintenance worry-free
When it comes to residents living in a rented apartment, they leave the “maintenance” part to the landlords. After all, it is one of the primary benefits that a tenant gets to enjoy. But, the damages caused while the tenant is staying in the rented apartment, those costs have to be borne by them of […]
