A penthouse is a luxurious apartment located on the top floor of a residential building, often featuring exclusive access, spacious layouts, and premium amenities. It typically boasts expansive views, high ceilings, and private outdoor spaces such as terraces or balconies. Penthouse units are often designed with upscale finishes and may include features like private elevators, hot tubs, or pools, making them highly sought after in urban areas. Their elevated position and exclusivity contribute to their higher market value compared to other apartments in the building.
A Residential House having two floors or levels.
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A residential building is a building that people live in. Commercial buildings are for businesses only.
A bathroom is usually a room with a bathtub, shower, toilet, and wash basin in a house or other residential building.
A residential contractor specializes in building homes which people will live in. A building contractor oversees the building of commercial property.
The standard depth of stairs in a residential building is typically around 10 inches.
The standard rise for stairs in a residential building is typically around 7 inches.
An apartment building is a residential building containing multiple apartments or flats.
The minimum required basement ceiling height for a residential building according to building codes is typically 7 feet.
In CIT vs V. Natarajan (2006 287 ITR 271 Madras), the assessee sold a residential building at Bangalore and purchased another residential building at Chennai. The new residential house acquired in Chennai was registered in the name of his wife.The court held that even though the assessee had invested the capital gain in acquisition of residential house in the name of his wife, the eligibility for deduction under Section 54 is satisfied.The reasoning for the conclusion was, however, not elaborated in the decision.
I would pant them inside the house otherwise you might get a ticket for mooning
Zoning. Is the land zoned for residential? Commercial? Industrial? Can not build a dwelling (house) in commercial zone, and vise-versa, can not build commercial shop on land zoned for residential use.