In the intricate dance of real estate transactions, token money acts as a vital sign of commitment between a buyer and a seller. It symbolizes a buyer’s serious intent to proceed with a purchase. However, the journey from token money to final closure isn’t always smooth. Instances where a
buyer absconds after paying token money can leave sellers in a precarious situation, dealing with both financial uncertainty and legal ambiguity. This guide explores the best practices for sellers to navigate these troubled waters, ensuring they are protected and prepared for such eventualities.… Read more
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Items to Avoid Keeping in Your Home According to Vastu
In the realm of Indian architectural philosophy, Vastu Shastra plays a pivotal role in shaping environments that promote peace, prosperity, and positivity. Rooted in the ancient scriptures, Vastu principles help in aligning the architectural elements of a home with the natural world,
balancing the five key elements of nature: space, air, earth, water, and fire. However, just as important as it is to know what to include, understanding what to avoid according to Vastu can significantly enhance the harmony and energy flow in one’s living space. Here, we delve into the essential tips for crafting a Vastu-friendly home by discussing the things you should never keep in your residence.… Read more
Proposals for Over 22,000 Homes and 150 Projects in Broadway Plan Area
The Broadway Plan, a visionary urban development strategy approved two years ago, is reshaping Vancouver’s skyline and residential makeup. As we approach its second anniversary, the plan’s ambitious scope is becoming increasingly apparent, with over 22,000 homes proposed
across 150 projects, igniting a transformation that positions Metro Vancouver for a dynamic future.… Read more
Inventory Surges, Leading to Balanced Markets in Metro Vancouver Resale Sector
The first quarter of 2024 has brought with it a notable shift in investment trends within the Indian real estate sector, particularly highlighting a robust influx into the residential segment. According to recent data from Cushman & Wakefield, residential real estate not only doubled its investment intake compared to the average of the last eight quarters but also constituted 63% of the total real estate investment during this period. This blog explores the dynamics of this shift, the key players, and what this means for the market moving forward.… Read more
What to Consider When Crafting Your Reading Nook
In the hustle and bustle of modern life, finding a peaceful spot to unwind with a book can be a true solace. Creating a dedicated reading nook in your home not only provides a special place to dive into your novels but also adds a charming touch to your living space. Here’s how to design
a reading nook that beckons you to linger over every page.… Read more
Things to Remember to Avoid the Sale of Disputed Property in India
In India, where property disputes frequently arise due to various complications such as illegal possession, disagreements among co-owners, or unclear title deeds, safeguarding real estate from unlawful sale becomes paramount. The legal framework surrounding the sale of disputed properties is intricate, demanding thorough vigilance and proactive measures from property owners to prevent unauthorized transactions. This blog explores effective strategies to prevent the sale of disputed property without your consent and highlights the legal remedies available.… Read more
Understanding Rental Income Taxation and Allowable Deductions
In India, the taxation of rental income is a topic that often confuses landlords and property owners. Given the variety of rules and the recent legal changes, understanding how rental income is taxed under the Indian Income Tax Act is crucial for anyone involved in leasing property. This
blog explores the calculation of income tax on rental income, applicable deductions, recent legal rulings, and practical advice for property owners.… Read more
Bombay High Court Declares Transit Rent as Non-Taxable
In a landmark decision that promises to reshape the landscape of real estate redevelopment projects in India, the Bombay High Court has ruled that transit rent paid by developers to tenants during the period of redevelopment is a capital receipt and thus, not subject to income tax. This ruling not only clarifies the tax status of such payments but also alleviates the financial burden on tenants displaced by redevelopment activities. This blog post explores the implications of this decision and its potential impact on both tenants and developers.… Read more
Casagrand Introduces 30-Acre Township Community in Chennai’s Sholinganallur
The recent unveiling of Casagrand Holachennai by real estate titan Casagrand marks a significant leap in urban development within Chennai’s burgeoning real estate landscape. This 30-acre township community, nestled in the strategic locale of Sholinganallur on OMR, promises a high-caliber lifestyle with its offer of 1818 premium residences and an unprecedented array of over 160 amenities. This blog delves into how this ambitious project is not just altering Sholinganallur’s skyline but also redefining luxury living in Chennai.… Read more
Bharat Agri Fert & Realty Shifts Focus to Real Estate, Aims for Rs 800 Crore Revenue in 4 Years
In a strategic pivot that has caught the eye of the real estate and hospitality sectors, Mumbai– based Bharat Agri Fert & Realty Ltd. (BAFRL) is shifting its focus from fertilizers to the burgeoning opportunities in real estate and hospitality. With ambitious plans to achieve a staggering Rs 800 crore in revenue over the next four years, BAFRL’s move could reshape the landscape of urban development and leisure accommodation in and around Mumbai.… Read more