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Real Estate News and Events in Goa

Govt to suggest models for RP21 changes.

The Bharatiya Janata Party government plans to reopen the draft Regional Plan 2021 by July end, but after providing several models to choose to plan the village.

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Rented your property? Steps to take if a tenant refuses to vacate.

Here are the precautions you need to take before renting your property and the options available to you if you are cornered by your tenant.

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Home truths: Big is bitter, Small is better!

In order to promote home ownership, Finance Minister P Chidambaram has proposed an additional deduction of up to Rs 1 lakh on interest if a person buys his first house with a loan of up to Rs 25 lakh from a bank.

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Home prices near most affordable levels in over 30 yrs.

Home prices may have been on an upward spiral for many years, but the cost of owning a house in India remains near the most affordable level in over three decades, shows data compiled by mortgage giant HDFC Ltd.

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TDS on property transactions from June 2013.

The Union Budget for 2013-14 has proposed an additional tax on property transactions. According to the provisions, a one percent tax deduction as source (TDS) will be leviable in case of property transactions. 

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Things to remember before you sign a Rent Agreement.

Most tenants are not even aware of the points that should be included in the Rent Agreement. Here are the things you should check while sifting through the Contract.    

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House Panel feels Dwelling Units facing demolition within CRZ should be protected.

The House Committee constituted to look into the issue of dwelling units facing demolition within CRZ, were explained the 2011 Act and its application, at its first meeting, Monday even as its members felt that those units existing prior to 1991 should be protected. 

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Buying a second home is a worthwhile Investment.

An investment in a second home is an effective way to build wealth in the loan term. Let’s examine the various reasons why this could even be the best form of investing for a salaried individual.

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Confiscation of 14 properties owned by Foreigners ordered.

The wheels of justice have moved in the cases of foreigners illegally acquiring properties in the state in violation of Foreign Exchange Management Act, 1999....

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CM opposes conversion of Agricultural Land.

The Chief Minister, Mr Manohar Parrikar on Sunday opposed  conversion of Agricultural Land and emphasised that whatever  the Opposition  might say he would  ensure during his tenure that Farmland is not converted for Non-agricultural purposes.

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