Real Estate Sector Latest News, Updates & Insights – PropertyPistol Blog

Residents of housing societies are required to pay maintenance fees. You must continue paying the maintenance costs even if the asset is empty. There are no exceptions. However, non-occupancy fees are applied when the property is used for commercial benefit by the flat-proprietor, and neither the asset is self-occupied nor occupied with the help of a right away family member. The cost of the fees is included in the maintenance bill. It’s a way for the housing society to receive a percentage of the overall financial gain.… Read more

An international Indian real estate company called Lodha Group or Macrotech Developers, formerly known as Lodha Developers, was established in Mumbai. It was established in 1980 thanks to Mangal Prabhat Lodha. Residential and commercial buildings have developed in Mumbai, Thane, Hyderabad, Pune, and London. Lodha Altamount, The World Towers, Lodha Bellissimo, Trump Tower Mumbai, and Lodha Park are a few of its high-quality projects. The organization is also responsible for expanding Palava, a nearby advanced city. On April 19, 2021, the one was indexed as Macrotech Developers.… Read more

The inheritance laws that were traditionally followed by Hindus in India were established in Mitakshara. However, a few differences in opinion on inheritance led to the need for re-codification. The Dayabhaga legal principles were written that period in the twelfth century by “Jimutavahana.” West Bengal, Odisha, and Assam follow the Dayabhaga inheritance laws whereas the rest of India adheres to the Mitakshara inheritance laws.… Read more