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Everything about property tax in Chennai - 2021 -

Everything about property tax in Chennai – 2021

In Chennai, you can pay your property tax or ‘sotthu vari’ online and offline. The due date for payment of the tax is September 31 and March 31 every year. Read on, to know the process How to pay property tax online in Chennai Property tax is one of the major sources of income for the government. Every state government and corporation has the responsibility to decide these rates. In Tamil Nadu,...

Channel Partners

Why to go with the Channel Partners?

What is channel partners? A channel partner can be defined as a company that partners with a manufacturer or vendor to market and sell the manufacturer’s/vendor’s products, services, or technologies. This is usually done through a co-branding relationship. Channel partners may be distributors, vendors, retailers, consultants, technology deployment consultancies, and other such organisations.The...

Thinking about buying property in an auction? -

Thinking about buying property in an auction?

Buying property in an auction can save you a lot because These are basically mortgaged properties of defaulters and the bank is auctioning them to recover the dues. When a bank auctions properties, it generally garners huge interest as these properties are believed to be auctioned at a lower price. Another advantage could be getting the property at a place where no new supply is likely to come in....

Understanding the Rights of Tenants and Landlords -

Understanding the Rights of Tenants and Landlords

What are your rights when you rent a house? What can a landlord do when faced with unruly tenants? Renting is a tricky task, one that leaves renters and landlords feeling equally frustrated many times. But a good understanding of the Model Tenancy Act (MTA) can help you know the rights of tenants and landlords well. Introduced in 2019 by the Ministry of Housing and Urban Affairs, the MTA aims to...

Home Loan

4 Tips to Help You Close Your Home Loan Early

A home loan is a long haul obligation, considering the fact that its repayment might stretch up to 30 years. This loan helps you own a house along with availing tax benefits; however, it also impacts your present and future finances. Therefore, you should pay off the loan as soon as possible by carefully managing related factors like repayment tenure and monthly instalments. If you plan to foreclose...

Home loan rates fall to below 7%. Five tips on how to reduce your EMI burden -

Home loan rates fall to below 7%. Five tips on how to reduce your EMI burden

This is the time one should consider switching his home loan to a PSU bank to avail of the benefits of lower home loan rate.  Home loan rates have fallen to as low as 6.7% as public sector banks have mostly passed on the repo rate cut announced by the Reserve Bank of India over the last four months. PSU banks including the State Bank of India are now charging between 6.7-7% interest rate on new...

How To Apply Encumbrance Certificate (EC) In Tamilnadu. -

How To Apply Encumbrance Certificate (EC) In Tamilnadu.

The first step while considering the purchase of a property, the buyer has to ensure that the legal title of the property is clear – Encumbrance certificate says whether there is any lien/charge on the property, or if there are other owners/claimants to the property other than the seller, if the property has been mortgaged or if there is an existing housing loan against the property or if the property...

home loan transfer

Essentials To Know About the Property Transfers

Nothing can match the joy of buying a Home! We all take months to finalize a property, and then invest our hard earned money and lifetime savings in buying a Home.But that’s not where your Home buying journey ends. Most of us are unaware of the post purchase paperwork that we would need to complete.Managing the countless legal paperwork which one requires to do for buying a Home is an extremely lengthy...

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