The word “Katha” is a common one in India. Although the word “Khata” means “account” in English, in the context of property and property-related transactions in Bengaluru, it essentially refers to a jail report that recognizes a specific item of property. It is a report that includes crucial information on the possession of the property. This jail sales report is required for Bengaluru residents before they may enter any exchange for personal property.… Read more
All About Depreciation of Property
An important factor in determining an asset’s depreciation is the asset’s age or the date of formation. Additionally, you might want to take it into account, especially if you’re a dealer and trying to determine the right price to charge for the assets. As was already mentioned, the value of the ground upon which the asset is built no longer depreciates. It is best appreciated with time.… Read more
All About Buying a Smart Home in Chennai
Chennai’s housing market has long been noted for its inexpensive society homes, residential lands, and independent houses. Aftermarket studies confirmed demand for such homes, many builders recently presented their innovative residential projects inside the city. And how do those ingenious homes vary from other rich or ultra-luxurious homes in Chennai’s housing developments?… Read more
What is the right investment option for women: Real Estate vs Gold?
Gold has been revered as a status symbol by civilization since the dawn of time. Many people in the nation find it tough to resist the yellow sheen steel. Because gold was once thought to be prudent, we have repeatedly been recommended to hold onto it and invest in it. But there are many funding options available now because the market has accepted many asset financing models. And real estate is one of the reliable finance options. Real estate is a well-known investment goal, but it’s sometimes thought of as an unexpected investment option for women. However, this should no longer be a barrier for active, young women who want to invest in this profitable vehicle at a young age. … Read more
Property agents in India want a single licence to operate.
The National Association of Realtors (NAR) India, a real estate association representing over 50,000 property brokers across the nation, has requested the federal government to provide a single licence allowing agents to function all across the country regardless of state.… Read more
The Benefits of Purchasing a Two-Bedroom House for Investment
When it comes to investing or earning a larger return on investment, most people in India still trust and vote for real estate over any other industry. Most individuals choose to invest in real estate because of the better returns and lower risk component. Those with sufficient resources and funds might pick this alternative to make long-term investments. If you have a reasonable budget of Rs. 30 lakhs to Rs. 40 lakhs and wish to invest in property, you have a few options. You may purchase a larger plot or two 1BHK apartments for between Rs. 15 and Rs. 20 lakhs apiece.… Read more
How can an NRI invest in a commercial property?
Many people ask themselves this question. The answer to this question is that yes, NRIs can buy commercial property in India. According to the RBI’s recommendations, non-resident Indians may purchase specific types of residences in India. However, it is also possible to purchase other types of homes—and doing so most effectively depends on obtaining certain licenses. An NRI looking to purchase property in India needs to be fully aware of the prison rules that apply to proudly own real property in the United States. People of Indian descent, often known as PIOs or NRIs, are treated the same way as NRIs and PIOs under the requirements of the Foreign Exchange Management Act (FEMA).… Read more
Advice on Purchasing a Foreclosed Property
Obtaining a good bargain on a house might be difficult when there is an influx of purchasers in the pre-foreclosure stage. Although seized property can be a terrific investment for end-use or resale, purchasing a repossessed home without conducting thorough research might cause more harm than good. As a result, before you jump in, be sure you understand what it is and how it works.… Read more
Noida: Land prices have risen by around 20%.
After a three-year hiatus, the Noida Authority has updated plot pricing across several categories. Numerous selections were made at a recent meeting, along with an increase in land charges, changes to group housing plot allocation, and a time extension policy. These adjustments were made with the interests of purchasers and builders in mind. Continue reading for more information.… Read more