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Have property in name of father now want run PG in the same


17-Apr-2023 (In Startup Law)

I have a property on my father's name in a society in greater noida. It is a 3 floor house. I wish to use 2 floor as a PG for girls. Please tell me how I can get it registered and what other formalities needs to be completed. Also I need to know about the taxes I need to pay and the limitations (if any) that will be implicated on the owner.

Answers (1)

Answer #1
906 votes
Thank you for your question. In case you are offering rooms for 2-3 days of stay, you will need a Bed and Breakfast registration. In case it is longer than that, you will need a Paying guest registration.
With regard to your taxes, we will have to look at the heads you already pay your taxes in and then suggest the most optimum way of filing your income earned from the paying guest. Please get in touch with us for further assistance.

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