FAQs

Property held in another’s name to hide ownership. It is illegal and can be seized by the government.

Interest subsidy up to ₹2.67 lakh for eligible buyers under Pradhan Mantri Awas Yojana.

Many states offer 1–2% lower stamp duty if the property is registered in a woman’s name.

It may affect stamp duty rates, tax deductions, home loan interest subsidies, and project funding policies.

These are annual taxes paid by the property owner to the municipal body for services like water, roads, etc.

Yes, if the home and rented property are in different cities or for valid work reasons.

Compare with market rates in the area and get a professional valuation done.

Circle rate is the government’s minimum valuation. Market rate is actual transaction value.

Yes, under Section 80EEA (additional interest deduction up to ₹1.5 lakh) if buying affordable housing.

20%–30% depending on capital gains. Must be deposited with the Income Tax Department.

Use exemptions under Section 54 (reinvestment in property) or Section 54EC (bonds).

Short-term (<2 yrs): taxed as per income slab. Long-term: 20% with indexation benefits.

Yes for under-construction (5%), but no GST on ready-to-move or resale properties.

Usually 1% of the sale value. It varies by state.

It’s a state government tax (4%–7%) on property value during registration.