The government issued an ordinance allowing gram panchayats to give building permits inside their boundaries. Following governor Thaawar Chand Gehlot’s approval, the Karnataka Municipalities (Amendment) Ordinance, 2002 was notified. This implies that residents in rural regions no longer have to go from pillar to post to obtain a building plan approved by municipal planning officials.… Read more
The Delhi Government Will Renovate Unoccupied EWS Apartments.
Three months after a block of EWS flats in Bawana fell due to deterioration, the Delhi government has chosen to restore them. To begin, the Delhi Urban Shelter Improvement Board (DUSIB), which is in charge of identifying eligible slum residents via surveys and initiating the allocation procedure, would rehabilitate around 2,000 similar homes in Dwarka Sector 16.… Read more
Real estate may experience significant investments
The Reserve Bank of India’s (RBI) announcement of a 50-basis point (bps) increase in the policy rate – the second consecutive increase – is on track with the background of chronic inflation, global headwinds, and macroeconomic circumstances.” The prolonged rise in inflation, which reached 7.8 percent in April 2022, was caused by supply chain interruptions caused by the global geopolitical crisis. The RBI has been steadfast in its goal of mitigating the impact of inflation on financial growth by raising interest rates and gradually withdrawing liquidity.… Read more
What exactly is a gated community?
The strain of rising requirements and time constraints have curtailed social engagement among city inhabitants in shifting settings. As a result, there is an urgent demand for residential spaces that not only assure a comfortable lifestyle but also reignite the ancient beauty of communal living. This has opened the way for gated communities, which are becoming increasingly popular in the Indian real estate market.… Read more
How to Locate Ancestral Property Information in India?
What exactly is ancestral property?
Ancestral property is defined as any property inherited from a father, paternal grandpa, or great-grandfather. Furthermore, with a few revisions to the Hindu Succession Act of 1956, a property inherited by a son is no longer considered ancestral property, but rather a self-acquired property. As a result, the Supreme Court has excluded various properties from the definition of “ancestral property,” such as those inherited from a mother, grandmother, uncle, or even a sibling. Furthermore, property inherited by Will or Gift Deed is not designated as ancestral property.… Read more
Delhi’s property registration procedure will become more effective.
Tags: DelhiReal Estate
Delhi residents would no longer have to wait in enormous queues to register their houses. The Delhi government intends to deploy technology such as biometric identification and queue management systems to make the property registration procedure more convenient for people.… Read more
All About Land Patta
Tags: Real Estate
A Patta is a vital document that details the ownership of a certain item. It alludes to the individual who holds ownership of the property. As a result, it’s also known as the “Record Of Rights (ROR).” The person whose phone number is recorded within the Patta is considered the owner of the property.… Read more
All about lift rules and regulations in India
Lifts in organized housing communities are no longer a luxury, as they formerly were. Over time, the number of high-rise buildings has increased, as has the use of elevators. Many antique residences are also equipped with an elevator within the renovation area. As a result, there is a desire to enact a boost law act that can be used. There are no mandatory guidelines for the installation of elevators. Until recently, only 11 states have passed legislation ensuring the safe installation of elevators. This approach, which is used by 2/thirds of the population, no longer has any regulations linked with elevator security software.… Read more
All You Need to Know About Row House
A row home is a type of townhouse that is primarily intended for a single-family unit and has a common wall with alternate devices. A row house has a completely uniform architectural shape and an aesthetically pleasing arrangement, but it has a fairly common façade with various gadgets. The residences are piled in a row, as the name implies, as opposed to a townhouse, which has a unique arrangement. Because of their vertical layout, row houses are frequently seen in areas where space is limited. Row houses are a more affordable choice with an in-built plan to suit a variety of interests and budgets.… Read more
