India’s real estate market is a dynamic and complex landscape with various regulations and restrictions. One of the key considerations when it comes to property transactions in India is the concept of “prohibited property.” In this blog, we will delve into what prohibited property means, why it exists, and the implications it has for real estate transactions in the country.… Read more
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Home Sweet Home: Settling Down in India’s Tier 2 Cities!
India’s urban landscape is continually evolving, and the charm of metropolitan cities is extending to their Tier 2 counterparts. Tier 2 cities offer a unique blend of growth opportunities, lower living costs, and a high quality of life. In this blog, we’ll explore some of the top Tier 2 cities in India that are gaining popularity as excellent places to live and settle.… Read more
Property Types Decoded: What Each One Offers You!
Real estate is a diverse and dynamic field, offering a wide range of property types to meet various needs and preferences. Whether you’re a prospective buyer, an investor, or simply curious about the world of real estate, understanding the different property types is crucial. In this blog, we’ll explore 10 common types of properties in real estate and what they mean for you.… Read more
NOC for Property in India: A Comprehensive Guide!
What is a NOC for property?
A No Objection Certificate (NOC) for property is a legal document that states that there are no objections to the transfer of ownership of a property. It is issued by various authorities, such as the housing society, bank, and other government agencies.… Read more
How to Calculate Income Tax on Let Out Property in India?
A let-out property is a property that is rented out to tenants. The owner of the property receives rent from the tenants, which is considered income under the Indian Income Tax Act.… Read more
Madh Island Unplugged: A Guide to Mumbai’s Island Escape!
Mumbai, often referred to as the “City of Dreams,” is a bustling metropolis that never sleeps. In this city of contrasts, where towering skyscrapers and the Arabian Sea coexist, you’ll find a hidden gem that offers a serene escape from the urban chaos – Madh Island. This quaint and picturesque locale, located to the northwest of Mumbai, has been gaining popularity as a getaway for those seeking solace amidst the city’s chaos. In this blog, we’ll explore everything you need to know about Madh Island, an exciting location in the “Dream City.”… Read more
The Rise of Row Houses in India: Should You Invest in One?
In the diverse landscape of Indian real estate, the term “row house” often finds its way into property listings and conversations. If you’re considering investing in a home in India, it’s essential to understand what a row house is and whether it’s a suitable choice for you. In this blog, we’ll explore the meaning of a row house in the Indian context and help you determine if it’s a wise investment for your needs.… Read more
Why Zero-Rental Flats Are Gaining Popularity in Mumbai?
Zero-rental flats, also known as heavy deposit flats, are a type of rental agreement in which the tenant pays a large upfront deposit instead of monthly rent. The deposit is typically equivalent to 10-20 years of rent, and is returned to the tenant at the end of the tenancy period, minus any deductions for damage or unpaid bills.… Read more
Token Money and Property Agreements Explained!
Token money is a small amount of money paid by a buyer to a seller as a sign of good faith and intent to purchase a property. It is also known as earnest money or booking amount. Token money is usually paid at the beginning of the property transaction process, even before a formal sale agreement is signed.… Read more
Digital Auction Extravaganza: DDA’s Prime Plot Sale from November 7!
The Delhi Development Authority (DDA) will hold an e-auction for prime plots from November 7, 2023. The auction will include a variety of plots, including residential, commercial, institutional, and industrial plots. The plots are located in prime locations across Delhi, including Dwarka, Rohini, and Narela.… Read more