Real Estate Sector Latest News, Updates & Insights – PropertyPistol Blog

When purchasing property in Karnataka, understanding stamp duty in Karnataka and registration charges in Karnataka is crucial. These charges form a significant part of the property acquisition process and ensure the legal transfer of property ownership. In 2024, the Karnataka government continues to regulate these fees, which depend on several factors including property location, value, and type. … Read more

A Resident Welfare Association (RWA) is an important body within residential communities that governs day-to-day operations, ensuring a smooth and harmonious living environment. RWAs exist to represent residents, resolve issues, and manage resources. … Read more

To understand what a refuge area, it refers to a dedicated space within high-rise buildings, specifically designed as a temporary safety zone during emergencies such as fires or natural disasters. In skyscrapers and tall buildings, the refuge area plays a crucial role in ensuring the safety of occupants, providing them with a safe place to gather until help arrives.… Read more

The Northeast corner of Vastu is one of the most significant zones in Vastu Shastra. This corner is considered the direction of God and purity. When the Northeast direction of Vastu is followed correctly, it brings positive energy, prosperity, health, and peace into the home. On the other hand, doshas or defects in this area can disrupt this flow of energy, leading to challenges in various aspects of life.… Read more

There is more to being a landlord than merely collecting rent. Protecting your property and interests necessitates knowing and negotiating the complex web of legal rights and obligations. Under the general framework of the Rent Control Act, several state laws in India mostly regulate landlord rights, however the specifics might differ greatly between states. Tenant rights in India are also protected by the rent regulations. With regard to Indian law, this blog seeks to provide you a thorough understanding of your basic rights as a landlord.… Read more

Building amicable landlord-tenant interactions in India requires an understanding of tenant rights. Tenants in India are entitled to various protections, such as the right to a liveable living area and protections against eviction. In this introduction, we explore the legal framework that supports tenant rights in India, revealing the fundamental information that enables renters to successfully negotiate the rental market and legally exercise their rights. Tenants’ legal rights include the right to privacy. According to the Rent Control Act, landlords can only evict tenants for certain reasons, such as wilful nonpayment of rent, subletting without permission, creating a nuisance, or when the landlord needs the space for personal use.… Read more

Renting a vacant home is a fantastic method to increase your income. Before a house is rented out, a rent agreement must be made. A lease agreement, often referred to as a rent agreement, is a formal document that attests to the fact that you have leased real estate to a lessee. You have to be quite careful when you sign a lease. Nonetheless, it is typical to see a real estate agent assigned the task of creating a lease agreement. A current rent agreement is copied and pasted by the property agent.… Read more

Rent agreements, which specify the terms and circumstances of renting a home, are crucial contracts for both landlords and renters. Since technology has advanced, it is now easy and quick to create a rent agreement online. This blog will walk you through the process of creating an online rental agreement, explain the applicable Indian legislation, and define important words like registered and unregistered rent agreements, power of attorney for rent agreements, and more.… Read more