A retirement home, also known as a senior living home, is a type of housing designed for older adults who are no longer working and are looking for a more manageable and supportive living environment. These homes often offer various services and amenities, such as meals, housekeeping, transportation, and access to health care, to meet the needs of aging residents. Retirement homes can range from independent living apartments to assisted living facilities, and provide a social community for seniors to enjoy their retirement years.… Read more
Which is preferable, an independent house or a PG?
Tags: PGRealty Guide
The PG is a shared flat with roommates, whereas the apartment provides you with a private unit of your own. You have the full living area to yourself in the apartment. a living area, a kitchen, a bathroom, and one or more bedrooms. Renting an apartment is equivalent to home ownership. Everything that has to be done, including laundry, cooking, and bill-paying, must be done by you.… Read more
What is the scope of a builder warranty?
Tags: Realty Guide
A builder’s warranty is insurance issued by the builder on a new structure that obligates them to fix structural deficiencies for five years from the date of handover. After being added as a provision in RERA, the word gained usage. Check out what it all entails.… Read more
All To Know About Societies Registration Act!
Tags: Realty Guide
A corporation is defined by law as an association of several people who come together by agreement to jointly “think, rule, and act” in the direction of a shared objective. various associations registered for charity endeavors in the fields of music, culture, the arts, religion, sports, and more. India now abides by the Public Record Act of 1860, which took force in May of that year. Act 21 of 1860, which still governs it, declares that under the Right to Information Act, every person has the right to inquire about any government institution.… Read more
How do I select a land for a farm or farmhouse?
When selecting a land for a farm or farmhouse, there are a number of factors to consider such as:… Read more
India’s super-rich like to store their money in high towers, farms, and vacation homes: Sotheby’s
Farmhouses are often built on one to two acres of land and have an area of 4,000 square feet or more. Real estate is an appealing investment choice for high and ultra-high net worth professionals, with 61% planning to invest in property in 2023-24.… Read more
What exactly is enemy property?
Tags: Realty Guide
Following the 1962 Indo-China conflict and the 1965 and 1971 India-Pakistan wars, the Indian government assumed ownership of movable and immovable properties left behind by those who fled India following the wars. These properties, which are dispersed throughout various Indian states, are regarded as enemy properties.… Read more
What exactly is a location plan (site plan)?
Tags: Real EstateRealty Guide
A location plan, often known as a site location plan, is a required document for implementing agencies. This architectural design depicts the projected development in relation to the surrounding regions. It is critical that the site plan be reviewed by planning authorities to guarantee that the development does not breach any regulations specified by the town planning authority.… Read more
What exactly is a construction-linked plan?
Tags: Real EstateRealty Guide
Purchasing a home is an expensive investment. Most individuals put off their desire of purchasing a home because of the enormous fees involved. Developers, on the other hand, offer a variety of ideas and programmes to entice homeowners. A Construction-Linked Plan (CLP) is one such plan in which partial payments are requested at certain periods.… Read more
Saving Money Towards The Purchase Of Your Dream House!
Tags: Real EstateRealty Guide
Property acquisition is a once-in-a-lifetime choice with significant financial implications. Despite the numerous housing financing options to help with the purchase, you must still save money for the down payment, which is typically 15-20% of the home’s cost. You will also require cash to cover extra expenses such as property tax, stamp duty, and registration fees. While purchasing your ideal house is a pleasure, raising the necessary cash can be difficult. Analysts claim that the key is to begin early, around the age of 25, in order to accumulate enough money to finance the purchase by the end of 7-10 years.… Read more
