Numerous investors are taking an interest in Shahapur, a city in the Thane region adjacent to Mumbai. It has the potential to become one of Mumbai’s outermost and ideal residential areas. The Western Ghats mountain ranges completely encircle Shahapur, the most significant Taluka inside the Thane District.… Read more
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Property rights of the second wife and her children
Property rights of the second spouse and her children can be examined and assessed as rights of the second spouse and her children born outside of the first marriage and included in their father’s possessions. In ancient times, polygamy came to be accepted and practiced among Hindus. The Hindu Marriage Act of 1955 is the current law in India that forbids bigamy and polygamy. If the marriage is legal under the Act, the wife is entitled to several privileges.… Read more
India switches to flexible real estate from coworking spaces
Co-running operators are opening new centers to meet the rising demand for flexible workspace, and according to Anarock, their share of the average office space rental increased to 20% from January to June. Real estate agent Anarock joined this phase in April by acquiring a 75% share in myHQ, a booking website for co-running spaces, through a stock and coin transaction valued at around Rs. 125 crores. MyHQ, a Delhi-NCR-based company, has more than 50,000 subscribers.… Read more
Locality Overview of Koregaon Park, Pune
One of Pune‘s upscale neighborhoods, Koregaon Park is adjacent to the city’s business districts and IT clusters. The neighborhood boasts excellent municipal amenities and is well-connected to other areas of the greater Pune metropolis. One of Pune’s oldest neighborhoods, Koregaon Park is a prestigious residential area that is situated in the southern part of the city. Many famous people have farmhouses here since the area is one of the most prominent in the state of Maharashtra. There are also many Europeans living here. Many well-known Pune neighborhoods, such as Kalyani Nagar, Yerwada, Ghorpadi, and Magarpatta, are close to Koregaon Park. These projects come in a wide spectrum of styles, from budget-friendly to opulent.… Read more
Emerging areas to invest in Mumbai
- Virar: Real estate in Mumbai may be somewhat intimidating because the cost of possessions there has risen to dizzying new heights. If you’re looking for reasonably priced, roomy homes, Virar projects are a great choice. With the Virar Municipal Corporation’s established order, actual property improvement in Virar saw a boom. A person looking for low-cost possibilities to fulfill their ambition to buy a property will find that houses in Virar are truly great choices due to their remarkable affordability and proper connectivity. It is also a fantastic neighborhood for families because it offers top-notch services, a futsal field, beautiful parks, and gyms for its residents.
How do I withdraw PF to buy a house?
When a salaried person is looking to acquire money for the purchase of assets, the Provident Fund (PF) steadiness may be an incredible resource. Following the PF’s asset purchase withdrawal regulations, you may withdraw up to 90% of your overall PF stability to buy a home or use the land for domestic production. However, the land must be held by the PF account holder, his spouse, or both. However, one must have made contributions to their PF account for at least five years to be eligible for the PF withdrawal for asset purchases. This PF withdrawal option is also available to all EPFO employees working in the non-public sector. All PF and EPF account holders are therefore qualified for provident … Read more
Blackstone plans mega REIT in India
Attempts are being made to move a massive real estate investment trust (REIT) and list it domestically by US-based fund house Blackstone and its partners Salarpuria Sattva and Panchshil Realty, both of which are situated in Bengaluru and Pune, respectively. According to sources familiar with Blackstone and its partners, they want to add about 45 million square feet to the REIT. It might be the most significant in all of Asia in terms of rectangular images, and the REIT would wish to raise between Rs 7,000 and Rs 8,000 crore through a public offering. The draught documents for this will be submitted to the capital markets regulator the following year.… Read more
Why is an 11-month rental agreement made?
Many laws will take effect if the lease term is changed from every other month to, say, twelve months, complicating the process for both the renter and the owner. No matter how long the owner is likely going to keep his possessions free, the rental period is kept at eleven months to avoid situations like this one. Then, for every subsequent period, this arrangement is renewed. By using all the events, many hassles are avoided in this manner.… Read more
Why you should invest in Kharadi, Pune?
Important Geographical Area
Purchasing a home in New Kharadi will put you in one of Pune’s most prestigious areas, close to affluent neighborhoods like Koregaon Park, Viman Nagar, and Kalyani Nagar. Residents of modern Kharadi have excellent access to notable workplaces and other areas inside the city thanks to the bustling urban populace, facilities for leisure activities including malls, restaurants, and multiplexes, and most importantly IT Parks and business centers just minutes away.… Read more
While Finalising The Contract, Avoid Making These House Selling Blunders.
According to reports, among the most silly mistakes house sellers make when finalising a property purchase is not properly specifying the payment timetable to the buyer. This may generate issues later on if the seller decides to invest a portion of the proceeds elsewhere. There are further errors that house sellers are frequently guilty of. Check them out to avoid future headaches!… Read more