When a person dies, he/she may create a will to dispose of their property. In many other cases, the deceased may not have created a will for the property. In these cases, a probate sale is required. The heirs need to understand the property transfer process, why a probate sale is important, and whether they should buy through this type of sale.… Read more
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How to choose the perfect payment plan in real estate?
Buying your dream home is one of the biggest achievements for any individual. When a buyer decides to purchase a property, the first thing that comes to his/her mind is the EMI and hefty down payment he needs to make at the time of booking.… Read more
Why Kandivali has emerged as a flourishing residential hotspot in Mumbai?
Kandivali has been capturing the attention of homebuyers over the years. The locality is seeing the progressive change due to its well-developed infrastructure and lower capital values compared to nearby locations. … Read more
How is PropTech enabling innovation in today’s age?
Proptech is not only enabling innovation in today’s real estate market but providing diverse benefits to consumers and developers. 47% of the total population willing to purchase technology-infused homes are closing the deal after only one virtual site visit.… Read more
The Mumbai coastal road project Rs 12,700-crore will change the face of Mumbai.
The Mumbai Coastal Road Project, a large-scale plan Rs 12,700 crores under the umbrella of the Brihan Mumbai Municipal Corporation (BMC), is now 40% complete. … Read more
What are the technologies that fall under proptech?
Proptech offers an assortment of technologies that are helping to build modern homes in India. 37% of homebuyers are willing to close deals after a first site visit. And, all are looking for convenient homes.… Read more
What Is Built Up Area, Carpet Area, & Super Built-Up Area – Difference Explained
Understanding the distinction between carpet area, built-up area, and super built-up area is critical for prospective homebuyers. The carpet area is the real useable space within the walls, whereas the built-up area comprises both the carpet area and the walls and balcony space. The densely built-up area also includes common spaces such as staircases and lobbies. Knowing the difference between built-up and carpet area, or super built-up area versus carpet area, allows you to make more educated selections.… Read more
Total Properties Statewide registered on RERA and benefits of RERA
Secure and stable access to housing and infrastructure is critical for the overall socio-economic wellbeing of each Indian citizen. Creating a seamless ecosystem built on a foundation of state and regulatory support acts as a catalyst for a positive change. The introduction of RERA in India in 2016 commenced for the same purpose. … Read more
Lok Adalat: A guide to resolving pending property cases
With a surpassing rate of 6.25 lakh property holders paying tax in 2021, Lok Adalat is the alternative dispute redressal mechanism resolving pending property litigations across cities in India.… Read more
How is consumer sentiment changing in terms of PropTech?
A total of 60% of home buyers are willing to consider Proptech technology to buy homes. Although India’s real estate digitization is underrated, the consumer perspective is slowly changing.… Read more