Open Space Reservation (OSR) land plays a crucial role in urban planning, ensuring that cities have adequate green spaces and amenities for the well-being of residents. In the context of Tamil Nadu, understanding the rules and regulations governing OSR land is essential for developers, policymakers, and the general public. This in-depth guide explores the intricacies of OSR land rules in Tamil Nadu, shedding light on the legal framework, compliance requirements, and the significance of these regulations in fostering sustainable urban development.… Read more
Gujarat Jantri rate: Everything you need to know about Gujarat Jantri land and construction values
During 2021, the Gujarat government chose to keep the jantri rate intact in order to boost the state’s real estate industry, that has been hit hard by the different waves of the Coronavirus epidemic.… Read more
All about security deposits and refund clauses!
Landlords frequently ask renters for a security deposit when renting out a home. A sum of money is paid as a security deposit upfront to indemnify the landlord against any harm the renter causes while the lease is in effect. We will go over everything you need to know about security deposits and return policies in this post.… Read more
Is it harmful to live near a landfill?
Aside from significantly hurting property values, residential properties near a dump represent a serious hazard to occupants’ health. According to reports, the drawbacks of living near a dump are elaborated.… Read more
6 Cheapest Areas In Bangalore For Rent!
Bangalore, also known as the Silicon Valley of India, is a popular city for IT professionals and students. However, the cost of living in Bangalore has increased significantly over the years, making it difficult for people to find affordable rental accommodations. In this article, we will discuss six of the cheapest areas in Bangalore for rent.… Read more
How to Apply for a Mobile Tower on Your Land in India
As connectivity becomes increasingly vital in our daily lives, the demand for mobile towers is on the rise. If you own land and are considering leasing it for the installation of a mobile tower, this guide will walk you through the process of applying for a mobile tower on your land in India. From understanding the prerequisites to navigating the regulatory landscape, this comprehensive guide aims to provide a clear and simple overview for Indian landowners.… Read more
How to Write a Letter of Intent to Lease Commercial Property in India?
Leasing a commercial property in India can be a significant step for businesses of all sizes. Whether you are an established company or a startup, the process begins with drafting a Letter of Intent (LOI). An LOI is a formal document that outlines the initial terms and conditions of a potential commercial lease agreement. In this blog, we’ll guide you through the key components and provide insights on how to write an effective Letter of Intent for leasing commercial property in India.… Read more
Understanding MHADA Unit Surrender Procedures!
Winning a Mhada lottery is a dream come true for many people. However, there are some cases where you may need to surrender the unit after winning. This could be due to financial constraints, a change in circumstances, or simply a change of heart.… Read more
What is Ready Reckoner Rate and How to Calculate It?
Achieving maximum value when purchasing a property requires negotiating the best price. But how can one determine what a reasonable price for a property is? For this precise reason, the Ready Reckoner (RR) rate in India acts as a guiding tool. The minimal price at which a property must be registered for a transaction between the seller and the buyer is known as the ready reckoner rate, often referred to as the guiding value or the circular rate.… Read more
Layout approved by the CMDA
The Chennai Metropolitan Development Authority, or CMDA, is a legal entity within the Tamil Nadu government. … Read more