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
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Token Money and Property Agreements Explained!
Tags: Realty Guide
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!
Tags: Realty News
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
A Guide to Anti-Corrosion Paints!
Tags: Decor
Corrosion is a persistent threat to various metal surfaces, structures, and equipment, leading to structural damage and costly repairs. In the battle against corrosion, one powerful ally is anti-corrosion paint. This blog explores the world of anti-corrosion paints, including their types, benefits, and price considerations.… Read more
YEIDA’s Residential Scheme Draw for 1,184 Plots!
Tags: Realty News
The Yamuna Expressway Industrial Development Authority (YEIDA) held a draw on October 18, 2023, for its residential plot scheme offering 1,184 plots in Sectors 16, 17, and 20. The draw was conducted under the supervision of an allotment committee to ensure fairness and transparency.… Read more
Land Patta in India: Understanding Land Ownership Documentation!
Tags: Realty Guide
Owning land is a dream for many individuals, and it represents a significant investment. Whether you are looking to purchase a plot for personal use or as an investment, understanding the legal aspects of land ownership is crucial. One such legal document that plays a pivotal role in land ownership in India is the “Land Patta.” In this blog, we will delve into the concept of Land Patta, its significance, and the process involved in obtaining it.… Read more
Dubai’s Record Rental Boom Gradually Beginning to Slow Down!
After over two years of skyrocketing rents, some of Dubai’s most sought-after neighborhoods are beginning to see rent growth slow down, according to a report from CBRE Group Inc., a real estate adviser. Rents soared to record levels last year as the Middle East financial and business hub attracted an influx of new residents. The average rental rate rose 20.6 percent in the year to September, slightly less than the rise of 21.7 percent a month earlier, CBRE said. … Read more
Russian and Chinese super-rich investors swarm to Dubai’s premium real estate!
Luxury real estate is one of the most sought-after investments in Dubai. Chinese and Russian real estate investors are major contributors to the Dubai property market. Luxury properties are expected to become a lucrative source of income due to a higher rate of return on investment. Some of Dubai’s most sought-after investment areas include: Dubai Marina Dubai Marina Beach Dubai Marina and Beach Residences are well developed and well connected to Dubai’s top tourist attractions. Rent and sales value in these areas are expected to be higher than in other, less developed areas.… Read more
Knight Frank’s Real Estate Report: Mumbai Tops Office Rental Costs In India!
Tags: Realty News
According to Knight Frank India’s latest report, India’s top eight office markets saw a huge jump in office transactions in the third quarter of 2023. Mumbai was the most active, accounting for 20% of the total, with office space transactions amounting to 3.2m sq ft. Global corporations have been investing heavily in India, with 44% of office transactions attributed to the setting up and expansion of GCs. India’s economy is still driving growth, with 37% of office transactions amounting to 6m sq ft in the third quarter.… Read more
Beyond Delhi and Mumbai, What Investors Should Know About the Top 10 Real Estate Cities?
Tags: Realty News
India is rapidly becoming an urbanized nation, with the rate of urbanization increasing by 32% from 2013 to 2023. This is pushing the real estate industry to look for new markets with the potential to grow. A recent report from CREDAI and Cushman and Wakefield has identified 17 cities in India that have the potential to become the next growth markets. These cities are based on their current real estate development rate, retail presence, and the development of the residential market.… Read more
