The ultra-elite segment of Indian investors is placing large bets on luxury residences in Mumbai. Following the purchase of a Rs 119 crore quadruplex in Bandstand, Bandra by Bollywood actor Ranveer Singh, Topper.com founder Zishaan Hayath and former Director of Angel Broking have both invested in luxury properties worth Rs 41 crore and Rs 50 crore, respectively.… Read more
In Maharashtra, fire evacuation elevators are required in high-rise structures.
Developers in Maharashtra will now be required to construct fire evacuation lifts (FEL) in high-rise structures of 70 metres (about 22 storeys) or above. The Maharashtra Government’s Energy Department has published a directive declaring it compulsory. This is in response to a statement made by BrihanMumbai Municipal Corporation in 2018.… Read more
Child-centered families promote children’s overall development.
For a long time, Indian real estate has adopted theme-based developments such as nature-inspired residences and sports-themed townships, among others. Child-centric houses are the new ‘kid on the block,’ with developments offering apartments particularly intended for young couples with children. The unique selling point of these projects is the abundance of facilities geared at providing a caring atmosphere and supporting the overall development of the children. Developers that are intent on breaking into the market with creativity and ingenuity and intent are quickly embracing this notion. While new-age purchasers are enthusiastic about theme-based developments, they may have concerns about child-centric residences. Here are the solutions to the most often asked questions about a child-themed residential property.… Read more
Facts to keep in mind when canceling an apartment reservation
The downturn in the real estate market has caused many investors and purchasers to revaluate their consumer choices. People frequently book an apartment but are not able to complete the purchase owing to unforeseen circumstances. According to property consultants, although the majority of cancellations are the result of purchasers evaluating their financial situation, another typical reason is unneeded project setbacks.… Read more
Delhi government intends to recommence the development of EWS apartments.
The Delhi government plans to restart the building of 16,000 low-income housing units. It has also recommended repairing around 18,000 semi-built apartments that are in disrepair. Previously, the Delhi State Industries and Infrastructure Development Corporation (DSIIDC) had launched the scheme to build flats for the lower-income group under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) with Central Government funding.… Read more
How can you protect your marital property during a divorce?
Analyze what is undoubtedly yours.
The American Psychological Association (APA) states that divorce may have a negative influence on well-being as well, with many people reporting despair, feelings of isolation and loneliness, shallowness issues, and other mental distresses. The APA website adds that trying to work things out can be frustrating and counterproductive because the issues that led to your divorce are likely to come up again during divorce discussions.… Read more
Different ways to transfer property in India
1. Sale Deed
The most well-known method of moving possessions in India is this one. Executing a SALE DEED may be considered if you retain ownership and might need to sell it entirely for consideration, or sale value. A sale deed or switch deed must be registered, and after it is registered at the office of the sub-registrar, ownership is transferred to the new owner.… Read more
All You Need to Know About the Amrapali Case
The Supreme Court made it clear on Monday that it will prioritize helping troubled domestic customers of the Amrapali Business of Companies obtain their homes before recalling the claims of cash creditors of the real estate group who provided financial assistance before 2019.… Read more
Why Invest in Plots Near Jewar Airport?
When driving between Greater Noida and Agra, the Yamuna Expressway, which offers an Intelligent Transport System, aims to provide travelers with the highest level of safety, security, and comfort. The Yamuna Expressway connects the Noida-Greater Noida Expressway with the Agra Ring Road. It will swiftly merge with many major cities, including Gurgaon, Sonipat, Rohtak, and Manesar in Haryana and Meerut, Hapur, and Ghaziabad in Uttar Pradesh. Yamuna Expressway would reduce travel times and distances by linking cities like Lucknow, Gwalior, and Kanpur.… Read more
What is the difference between a selling agreement and a final payment?
When selling an immovable property, two kinds of agreements are often made: an agreement for sale and a sale document or sale agreement. According to registration legislation, the agreement for sale must be stamped and registered. There might be a lag between the date of registration and the date of completion of the transaction. It is often assumed that when an agreement is registered, the rights to the property are immediately moved from the vendor to the purchaser. This impression, though, may not always be correct. The Bombay High Court has addressed this issue in the matter of The Principal Commissioner of Income Tax-25 Vs M/s Talwalkars Fitness Club, pronounced on October 29, 2018.… Read more
