1. Sun-Dried Bricks (Unburnt Bricks)
Sun-dried bricks, also known as unburnt bricks, are the simplest and most traditional type of brick. They are dried in the sun instead of being fired, making them less durable with lower heat and water resistance. These bricks are commonly used in rural areas or temporary constructions… Read more
Surat Urban Development Authority (SUDA) is the city of Surat’s urban planning and development organisation in the Indian state of Gujarat. The state government established the SUDA under Section 22(1) of the Gujarat Town Planning and Urban Development Act of 1976. The SUDA was established on January 31, 1978.… Read more
The market value of land, also known as the guidance value of a property, is the assessed worth of the land based on state government data. It is also known as the circle rate in some jurisdictions and is the bare minimum at which a property transaction may be recorded with the state government. These records are kept by each state’s Department of Stamps and Registration, which also discloses the guideline values or market value of the properties each year.… Read more
The Peripheral Ring Road (PRR) is Bangalore’s Third Ring Road, built by the Bangalore Development Authority (BDA). The 73-kilometre circular road will link Hosur Road, Tumakaru Road, and NICE Road to make a complete circle around Bangalore’s limits.… Read more
After accounting for an asset’s depreciation or amortization, the WDV or write-down cost technique of depreciation is arrived at. In a nutshell, WDV is the asset’s current value.… Read more
The Pradhan Mantri Awas Yojana (PMAY) was created to provide low-cost housing to individuals across the country. The system is divided into urban and rural groups to fulfill the requirements of inhabitants. Given the importance of beneficiary information, paperwork is an essential aspect of receiving payments under PMAY. An applicant cannot close a home purchase with PMAY unless the documentation is error-free and transparent. As a result, while applying under PMAY, you must have all of the necessary paperwork on hand. Authentic papers are required to assess the applicants’ qualifying conditions. These papers will assist in identifying ineligible applicants, particularly those who already own a residential property, and eliminating them from the process so that legitimate candidates may be considered. … Read more
When you compare your normal costs to the money you get from renting out your property, you may determine the amount of money you are making on an investment asset, which is known as rental yield. You can estimate the possible ongoing return on your investment more accurately if you comprehend the fundamentals of asset yield. When it comes time to go over the lease on a financed item, it could also be useful.Finding out a property’s condo yield also helps you decide if it is in the ideal location for your investment goals or if you can get a better condo yield by investing in a different neighborhood or buying a different property.… Read more
As a legally binding record of membership and share ownership, a Society Share Certificate is a crucial document for housing societies. It indicates that the member possesses a specific quantity of society shares, which is essential for taking part in activities related to the society, such voting and getting dividends.… Read more
Residential assets may be used as commercial assets with clearance from the neighbourhood authority. Learn how to proceed in regard to this and other details. While housing organisations may object to the complete commercialisation of residential units, this objective is legally possible in some areas. Its position, however, varies by country and even within cities. First, let’s differentiate between residential and commercial assets:… Read more
Only one of your residential properties may be considered to be used for self-occupied purposes under the regulations for income tax if you own multiple residential properties. The remaining properties must either be released or, even though they are no longer rented out, they may be regarded as released properties.… Read more
