Tenancy in Common (TIC) in Indian Real Estate:

Tenancy in Common (TIC) in Indian Real Estate: Tenancy in Common (TIC) is a legal arrangement in which two or more parties jointly own a piece of real property, such as a building or a parcel of land. This structure allows each party to hold a distinct share of the property, adding flexibility and shared responsibility to property ownership. A significant feature of a TIC is that any party can sell their share of the property independently and also reserve the right to pass on their share to their heirs, making it an attractive option for estate planning. Prevalence of Tenancy in Common in India: TIC arrangements are most prevalent in urban areas of India, especially in bustling cities like Mumbai, Delhi, Bengaluru, and Chennai. In these densely populated regions, where real estate prices can be prohibitive, TIC enables multiple investors to co-own properties, which makes it easier to enter the property market together. This arrangement is commonly utilized in residential complexes and...
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What is indexation in Real Estate in India?

 What is indexation in Real Estate in INDIA?


Indexation in real estate in India is a method used to adjust the purchase price of a property for inflation. It helps in calculating the capital gains tax when you sell the property. The cost of acquisition is adjusted for inflation using the Cost Inflation Index (CII) published by the government. This adjustment reduces the taxable capital gains, which means you'll pay less in taxes when you sell the property. It's important to keep records of the property's purchase price and indexation values to calculate the correct capital gains tax when selling real estate.


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Tenancy in Common (TIC) in Indian Real Estate:

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