Stamp Duty and Registration Charges in Karnataka 2024

Stamp Duty and Registration Charges in Karnataka 2024

What is RWA in Society? Full Form, Rules, and Regulations of RWA

What is RWA in Society? Full Form, Rules, and Regulations of RWA

What is the Refuge Area in a Building? Meaning, Importance, and Laws

What is the Refuge Area in a Building? Meaning, Importance, and Laws

Northeast Corner Vastu Remedies for Home

Northeast Corner Vastu Remedies for Home

Common Rental Agreement Mistakes to Avoid

Common Rental Agreement Mistakes to Avoid

How to Make Rental Agreement Online?

How to Make Rental Agreement Online?

Landlord Laws in India: Essential Rights and Obligations for Property Owners

Landlord Laws in India: Essential Rights and Obligations for Property Owners

Tenant Laws in India: Know Your Rights for a Fair Rental Experience

Tenant Laws in India: Know Your Rights for a Fair Rental Experience

What is GPA in Property? Understanding the Concept and Its Importance

What is GPA in Property? Understanding the Concept and Its Importance

How to Invest in Real Estate in India: A Beginner’s Guide for 2024

How to Invest in Real Estate in India: A Beginner’s Guide for 2024
Real Estate News

Can you submit an HRA claim for rent paid in your hometown?

Let’s start by taking a look at the legislation that governs HRA for workers. 

According to the Income Tax Act, an employee is permitted to request HRA tax credits from their employer under specific circumstances. As long as the employee is residing in the house and all other qualifications are satisfied, this clause does not specify where an employee may claim an HRA exemption. The law further stipulates that to be eligible for HRA benefits, an employee must have paid the rent in full and the apartment through which the rent was paid must not belong to the employee. So long as you fulfill both requirements, you can apply to HRA.… Read more

Everything About Gomti Nagar Extension, Lucknow

The largest planned city and the region closest to Lucknow is the Gomti Nagar extension. The majority of the plots and flats in the Gomti Nagar expansion face the park because it was designed with open spaces in mind. Lucknow has transformed into a real estate market during the last 10 years. You may reserve a property in Gomti Nagar Extension if you’re looking to purchase a home in the “City of Skewers and Tycoons.” A community notable for its residential homes, Gomti Nagar Extension is located along the Gomti River. This is one of the most sought-after regions, where everyone fantasizes about purchasing a home. All the required facilities and services, from education to healthcare, are offered here.… Read more

Top Areas to Buy a Home in Bangalore!

Electronic City 

More than 200 IT/ITeS firms, including Tech Mahindra, Wipro, TCS, and Inter Infosys, are based in Electronic City. Approximately 60% of the housing stock in this area is made up of residential development, with more than half of that stock being 2 BHK and 3 BHK apartments. The region is quite livable due to the closeness to IT parks paired with strong public transportation and easy access to taxis. However, because of the proximity to offices, the neighborhood is also “busy,” which causes “truck congestion.”… Read more

In India’s top 6 cities, office vacancy rates substantially decline, signaling a strong rebound for commercial real estate.

Based on the report, the Colliers research states that total leasable space has climbed to 50.3 million square feet this year, and occupancy has maintained strong during the subsequent quarters of 2022. However, due to renters’ cautious behavior during the global crisis, market activity was poor in the fourth quarter of 2022. Because of this, gross absorption in Q4 2022 was around 21% lower than it was in Q4 2022, which was lower than the average seen in Q1 and Q3 2022. ” After a two-year pause, it is reassuring to see the office space market recovering this year and declining vacancy rates. It’s interesting to note that BFSI’s business has expanded quickly this year as a result of Indian … Read more

Everything About Neelankarai Real Estate Boom!

A real estate boom is taking place in the peaceful Chennai neighborhood of Neelankarai. In the indigenous tongue, Neelankarai is referred to as Neelangarai, which translates to “Blue Coast.” The Bay of Bengal is to the east. The name of the Thiruneeelakandapuram Temple inspired the previous name of the city, Thiruneeelakandapuram. Tollywood celebrities in particularly shown interest in the location after 2007. The real estate boom has several causes as well. The location attracted Neelankarai CultureStars from Tamil Nadu because of the solitude and security it provided. Later, a large portion of the elite’s upper class also developed an interest in land. Real estate tycoons started purchasing property to satisfy the demands of famous clients. It rapidly transformed into a … Read more

All About Narmada Expressway!

The Delhi-Mumbai Highway, the Poorvanchal Highway, the Ganga Highway, and other ambitious highway projects are currently being worked on by the government. Another significant project among these is the Narmada Expressway project. An eight-lane motorway called the Narmada Expressway is being planned for Madhya Pradesh. Along the Narmada River, the projected highway will connect the ancient city of Amarkantak in eastern Madhya Pradesh with Dindori, Shahpura, Jabalpur, and Alirajpur in western Madhya Pradesh. The projected 1,300-kilometre motorway will connect Gujarat and Chhattisgarh. Then, a new section of this highway will be built to link Alirajpur and Ahmedabad. All of the Narmada region’s tourist attractions and holy sites are connected to the route, according to Minister of Public Works Bhargava, who … Read more

How may NRIs use powers of attorney to handle real estate in India?

Simply put, it is an authorization (power of attorney) that a principal provides to a representative. The principal and the solicitor have a private relationship, and the principal would be bound by the solicitor’s decisions. For instance, if a person purchases property in India but is unable to see it in person, Any family or friend with a power of attorney registered can get these rights and duties by editing registration.… Read more

Over the next five years, BK Modi Group intends to spend USD 1 billion in India’s real estate and wellness industries.

Over the next five years, BK Modi Group wants to spend around $1 billion in India’s real estate and wellness industries since it believes these two industries have enormous development potential. BK Modi, the founding group head, claimed in an interview with PTI that there are vast prospects to incorporate new technology into the real estate and wellness industries. When questioned about the anticipated investment in these new facilities, he responded, “We will invest around $1 billion over the next five years. He stated that the committee will also include international investors in planned projects when speaking of the source of the money. The organization is currently thinking about growing this business after already partnering with a developer to establish … Read more

Real estate trends to watch out for in 2023!

The Indian real estate market reached a new peak in 2022. With considerable improvements in both home sales and new buildings, this positive trend is anticipated to last well into 2023, with sales remaining higher than in 2014 and better than in 2022. Despite numerous ups and downs in recent years, the Indian real estate industry, which has demonstrated and is often seen to be unaffected by market volatility, has met investor expectations. Positive expectations and increasing momentum have demonstrated its ability to compete and will do so in the upcoming year. Every sort of investor may find something in the Indian real estate market, except those who wish to play.… Read more

Why are upscale homes becoming more popular in Goa?

Consumers in India are pickier than ever. They tour the world, taking in the lifestyles of nations like the USA, UK, Australia, and UAE to better understand the Indian way of life. They are looking for homes that will allow them to live luxuriously. In this way, Goa checks all the appropriate boxes. Its beauty is heightened by the gorgeous setting and pleasant temperature it enjoys. Goa has also grown in popularity as a place to construct second houses or vacation homes since it provides the ideal blend of modern comfort and nature. INR weakness and rising NRI demand Among NRIs, Goa has long been a favorite. For non-Indian resident investors (NRI), the dropping value of the rupee is a … Read more

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