Rent Control act was probabely brought into force long back when people did not have enough to reside. Why should a tenant have a legal protection as Rent Control Act in current times when inflations are so high and there is no law to protect the elderly whose only source of income is rent. Even today tenants are using rented properties at less than one hundreth of the current prevailing rent and are protected by law??
Will they get the same interest rate in SBI like Indian citizen and will they have to pay extra money to buy property???Where else can they open account in India??Please answer.
Regarding Capitalgain tax
I want to open a property portal in India do u think there is any potential for it and suggest d revenue model for the same.
being couple of players already in the market what do you think is the success possibility for the same.
If any builder or property agent is reading this i would like to have his views on this as well
I am working in reliance as a security executive and I have experience of 2 years.