India, April 2 -- From stricter disclosure norms to revised tax rules, several key changes will now shape property transactions and home loan benefits: Taxpayers claiming HRA must now disclose their relationship with the landlord, while renters in Bengaluru, Hyderabad, Pune, and Ahmedabad can avail a higher 50% exemption cap. PAN has become mandatory for both buyer and seller in property deals exceeding Rs.20 lakh, and the rule also covers gifts and joint development agreements.

For NRI transactions, TDS can now be deposited using the buyer's PAN, eliminating the need for a one-time TAN registration and easing compliance for individual homebuyers. From April 1, 2026, pre-construction interest on self-occupied homes will be subsumed withi...