TOD is an urban planning framework that focuses on establishing mixed-use neighbourhoods in high-density locations that are accessible from transportation hubs. Cities suffering fast urbanisation, explosive population increase, and increased automobile jams, such as Ahmedabad, Delhi, and Mumbai, have largely embraced the approach.… Read more
PropertyPistol Insight Team
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Peripheral Ring Road (PRR) Bangalore: Transforming the City’s Real Estate Landscape
The Peripheral Ring Road (PRR) is Bangalore’s Third Ring Road, built by the Bangalore Development Authority (BDA). The 73-kilometre circular road will link Hosur Road, Tumakaru Road, and NICE Road to make a complete circle around Bangalore’s limits.… Read more
GST on rental: Everything you need to understand about the appropriate tax rate
Tags: IndiaReal EstateRental
The introduction of GST has had a considerable influence on the residential and commercial real estate industries. The rental market, like the financial market, is subject to the tax levy. Rental revenue from commercial units, for example, is subject to GST. Other regulations and exclusions of the new tax regime concerning rental properties are listed below.… Read more
Everything you need to know concerning Gift Deed
Tags: Gift DeedReal Estate
A Gift Deed is a legal instrument that permits the original property owner to willingly consider giving their property as a gift to another individual, trust, or organization. The presence of this document aims to alleviate conflicts that may develop as a result of inheritance claims. We have elaborated on the judicial process and the main provisions of the deed in this blog.… Read more
In real estate, what is ingress and egress?
Tags: Real EstateRealty Guide
When acquiring a home, most buyers make many preconceptions. The presumption is that they have complete freedom to enter and exit the property. It is conceivable, though, to own property yet not have the right to access or depart it. In such a precarious position, the best way out is to acquire entry and egress rights for easy access to your property.… Read more
Benefits and drawbacks of obtaining a top-up loan
A top-up loan meets all of your financial needs, including home remodelling and registration to purchasing furnishings and fittings and extra parking space. Should you take out a top-up loan? Continue reading to learn more.… Read more
Everything you need to know about the Societies Registration Act
Tags: LegalReal Estate
The Societies Registration Act of 1860 established legal status for organizations fostering poetry, art, science, and charitable events. But changes and instructions made by the Union Territory (UT) and states have authorised the creation of RWAs under the abovementioned laws. This blog examines the legal criteria for founding and registering a society in India.… Read more
Top 4 strategies to invest in real estate without purchasing a house
Tags: IndiaReal Estate
Investing in real estate may appear rewarding, but getting started demands a significant amount of funds. There are several additional solutions that provide lucrative and consistent revenue flow without the requirement to own a house.… Read more
About Light House Project, Chennai
Tags: IndiaInfrastructure
Light House Project was inaugurated by PM Modi in Chennai, to help raise the vision of housing for all. Prime Minister Narendra Modi inaugurated 1152 houses constructed as part of the Light House Project – Chennai, built at a cost of Rs 116 crore under Pradhan Mantri Awas Yojana-Urban. Tamil Nadu’s Light House Project to provide homes to 1,152 families could be a game-changer in building affordable houses at a competitive cost as the project has been completed within 17 months of its foundation stone being laid by Prime Minister Narendra Modi last year.… Read more
In the Bombay Tenancy Act, what are Navi Sharat and Juni Sharat?
Tags: MaharashtraReal Estate
Considering land is a state topic, state laws govern all legislation, regulations, and laws concerning land transfer, conversion, and other procedures. Agricultural land conversions in Maharashtra are governed by the Bombay Tenancy Act, which allows tenement or leasehold ownership (Navi Sharat) to be changed to outright ownership (Juni Sharat).… Read more
