The State governments and builders have started concentrating on the outlying areas alongside the roads to lessen the housing burden now that the metropolitan centers are operating at their full capacity. Highways are now home to rapidly developing sports and real estate hotspots as a result of this. Strong instances of this type of upgrade, often referred to as ribbon improvement, are National Highway (NH) 24, the Noida-Greater Noida Expressway (Delhi NCR), the Pune-Nashik Highway (Pune), and Mysore Road (Bangalore). That begs the crucial question: Should you buy a possession next to an expressway or highway?… Read more
Considerations to Make Before Selling Your Home
After you’ve determined why you want to sell, it’s time to supplement your knowledge of the local real estate market. This will provide you with several benefits, including the ability to establish a realistic price for your house, be more effective during price negotiations, and know when is the optimum moment to sell; that is when your purpose for selling permits you to do so (case in point – distress selling).… Read more
How do you design a baby’s room?
The interior design business has experienced a continuous demand for developing solutions for children’s rooms of all ages. While teen rooms are popular, infant-specific rooms are close behind. The emphasis is generally on maximising space for comprehensive and organised storage, as well as incorporating personal preferences while maintaining safety.… Read more
MahaRERA eliminates penalty fees for booking cancellations.
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has given homebuyers grounds to rejoice by revising penalty amounts for cancelling a booking. The cap has been established at 2% of the entire cost of the unit price, which will be subtracted before the booking payment is refunded. Continue reading to learn about the new fees!… Read more
Owing to CRZ breaches, a luxury resort in Kerala may be demolished.
A comparable incident has occurred less than a month after the Supertech Twin Towers in Noida were demolished. The Supreme Court granted demolition orders for Kapico, a seven-star resort in Kerala, in 2020, but the procedure has only recently begun. The resort, valued over Rs 200 crore, would be suspended for breaking the State’s Coastal Regulation Zone (CRZ) guidelines. Continue reading to learn more!… Read more
There are eight reasons for contesting a will.
A Will is a written legal document that outlines the terms of property inheritance by legal heirs, along with the distribution of shares among the beneficiaries. While it is not required, it is recommended that the document be registered under the Indian Registration Act to enhance it as strong legal proof.… Read more
Know the laws and circumstances before purchasing property in the name of a minor
A property transaction is only feasible if the buyer is over the age of 18. He is required to sign the contract and deeds. According to the Indian Majority Act of 1875 and the Indian Contract Act of 1872, a minor under the age of 18 is not permitted to sign any instrument relating to property transactions. It can only be done when a guardian or parent legally responsible for the child is permitted to sign.… Read more