The Karnataka High Court has declared that an ancestral property obtained by a Hindu lady through a registered partition deed does not constitute as inheritance under the Hindu Succession Act. As a result, the property will not be returned to the woman’s father’s heirs following her death, according to the HC.… Read more
Haryana’s Government Plans To Build A 1,000-Acre Global City In Gurgaon.
Tags: Realty News
Authorities expect the Global City project to begin building in August 2023 or September 2023, when the monsoon season has passed. It will be finished within 36 months of construction beginning.… Read more
Investing in Mumbai’s Gaothan Properties: What You Need to Know!
Investing in Gaothan Property in Mumbai can be a good investment opportunity as it offers high return potential due to its strategic location and increasing demand. Here are some tips to help you invest in Gaothan property in Mumbai:… Read more
The Ultimate Earthquake Safety Checklist: Are You Prepared?
Tags: Realty Guide
Earthquakes can strike at any time, and being prepared can help keep you and your loved ones safe. Here are some earthquake safety tips:… Read more
In the last seven years, one out of every ten Indians has purchased a new home, yet bank financing remains the least common
Tags: News
Owning a home is a dream for many Indians, and it is considered a symbol of stability and security. However, a recent report has revealed that only one in ten Indians has been able to purchase a new house in the last seven years, and financing from banks for home purchases is at an all-time low. According to a report by the Reserve Bank of India (RBI), only 10% of Indian households have been able to buy a new house between 2014 and 2021. The report also highlighted that the percentage of households that own a house has only increased by 2% during this period.… Read more
Why is the festive period the ideal time to invest in real estate?
Tags: News
The festive season in India is a time of joy and celebration, and it is also a great time to invest in real estate. This is because the real estate market in India experiences a surge in demand during this time, and developers offer attractive deals and discounts to attract buyers. One of the reasons why the festive season is a great time to invest in real estate is because of the sentiment associated with the season. It is a time of positivity and optimism, and people are more willing to make big-ticket purchases such as a new home. This leads to an increase in demand for homes, which drives up prices in the real estate market.… Read more
Rose Valley: The Enforcement Directorate seizes assets worth Rs 159 crore in a money laundering investigation!
Tags: Realty News
The Enforcement Directorate (ED) has attached assets worth Rs 159 crore in the Rose Valley money laundering case. The attached assets include land, buildings, and other immovable properties in West Bengal, Odisha, and Delhi. The ED initiated the investigation into the Rose Valley case in 2013 and has been pursuing it since then. Rose Valley was a chit fund company that operated in West Bengal, Odisha, and other parts of the country. The company collected money from people promising high returns on their investments. However, the company failed to deliver on its promises, and the investors lost their money. The company’s founder, Gautam Kundu, was arrested in 2015, and the ED filed a charge sheet against him and other accused … Read more
Don’t Assume a Gift Deed is Irrevocable: What You Need to Know!
Tags: Realty Guide
A gift deed can be revoked in India under certain circumstances. The revocation of a gift deed is governed by the Transfer of Property Act, 1882, and the Indian Contract Act, 1872.… Read more
India Developer Sells $1 Billion of Luxury Homes in Three Days!
Indian real estate developer, Macrotech Developers, recently sold $1 billion worth of luxury homes in just three days, in what is being touted as a record-breaking sale. The Mumbai-based developer, also known as Lodha Group, sold over 500 units in its latest luxury residential project, the World Towers, located in the upmarket Worli area of Mumbai. Here are some key factors behind the success of this sale.… Read more
Will India’s real estate market be hurt by high housing prices and rising interest rates in 2023–24?
Tags: Realty News
The real estate sector in India has been one of the primary drivers of economic growth over the past few years. However, the sector is facing several challenges in the wake of the COVID-19 pandemic. One of the significant concerns is whether high home prices and rising interest rates will dent India’s real estate sector in 2023-24.… Read more
