If there is one thing about people that don’t change, regardless of their faith or beliefs, it is that they wait for an auspicious and precise period (Shubha Muhurata) to start something, preceded by worshipping the gods and requesting them to bless the undertaking through prayer ceremonies (Pooja). Hinduism then collapses in one equal line. No longer is even an unmarried stone about to begin without the chosen ritual.… Read more
Benami property legislation 2016 cannot be retroactively applied: SC
On August 23, 2022, the Supreme Court ruled that the new benami property statute is progressive in character and that the 2016 modification to the 1988 act cannot extend retrospectively to activities between September 5, 1988, and October 25, 2016.… Read more
Discover more about carpet flooring.
Carpet carpeting, which is popular in cold countries, is now becoming popular in India, owing to the appearance it adds to the whole house décor. Carpets come in a variety of designs and colours. You can select one that complements your decor. Let’s go into the specifics of carpet flooring.… Read more
ESG Foundation For Real Estate Management Is Introduced By Embassy Services.
Embassy Services Private Limited (ESPL), the Embassy Group’s property management company, has launched an Environmental, Social, and Governance Framework for Real Estate Operations (ESGRO). The new method will aid in the facilitation of real estate operations (Integrated Facilities Management) in accordance with the UN Sustainable Development Goals.… Read more
Causes for and potential solutions to the labour crisis in Indian real estate
Ram Kirpal works as a construction worker in Noida, but he returns to his native Bihar during harvest time. Agriculture remains his primary employment. He claims that he only works on building sites in Noida when there is no farming employment available at home.… Read more
Brigade Group intends to construct premium real estate in Chennai and Bengaluru.
Brigade Group, a real estate developer, has signed formal agreements to build premium land parcels in Chennai and Bengaluru, with a total earning capacity of Rs. 4,000 crores over the next four to five years. The developer’s deal to purchase the Mount Road site in Chennai from the TVS Group firm has the capacity for one million square feet of mixed-use urban, comprising commercial, retail, and residential spaces. The bilateral cooperation land at Sarjapur Road in Bengaluru, near foreign schools, offers a residential flat development potential of about two million square feet.… Read more
Suggestions for dealing with illicit/illegal property possession
A vast majority of instances involving land in India are connected to illegal property possession. Because of the value of the property, it is frequently susceptible to illegal occupancy by unscrupulous individuals. To show their illegitimate possession of the property, such entities would also falsify legal records. Comparing flats and plots, plots are more prone to illegal possession since they offer more potential for illegal invasion.… Read more
Taxation on Inherited Property
You may be concerned about your tax obligations related to the inherited property. Your inherited possessions may also include real estate, gold, mutual funds, certificates of deposit, and other transportable items. In India, there are special circumstances that result in tax liability on any inherited asset. Here is all the information on inheritance tax that you need to know. A type of tax known as inheritance tax is assessed on income obtained by a person from his or her ancestors’ possessions.… Read more
Know The Basics About Fungible FSI
The additional ground area developed by the builder over and above the FSI limit imposed by the government is known as the fungible floor space index (FSI). Continue reading to learn more about fungible FSI and the rules governing it.… Read more
