You may be concerned about your tax obligations related to the inherited property. Your inherited possessions may also include real estate, gold, mutual funds, certificates of deposit, and other transportable items. In India, there are special circumstances that result in tax liability on any inherited asset. Here is all the information on inheritance tax that you need to know. A type of tax known as inheritance tax is assessed on income obtained by a person from his or her ancestors’ possessions.… Read more
Know The Basics About Fungible FSI
The additional ground area developed by the builder over and above the FSI limit imposed by the government is known as the fungible floor space index (FSI). Continue reading to learn more about fungible FSI and the rules governing it.… Read more
All About Delhi Mumbai Expressway
Tags: IndiaInfrastructure
The Delhi Mumbai Expressway, a 1,380-km managed access to the toll road, was planned by the Indian government as a strategy to connect financial centers in the United States and cut travel time between the two major cities from 24 hours to 12 hours. The mission’s foundation stone was laid in March 2019, and the motorway is slated to open on January 26, 2023.… Read more
31 new shopping malls to be operational by end of next year: Real Estate
According to Anarock, the retail industry is expected to see a strong recovery, leading to the opening of up to 31 new buying department stores by the end of the following year.… Read more
All About Purvanchal Expressway
Tags: IndiaInfrastructure
The infrastructure project, which is unquestionably one of the largest completed by the Uttar Pradesh government and is expected to cost Rs 22,496 crore, has been hailed as the “provider of improvement” for the poor Purvanchal region.… Read more
All To Know About Greenfield Project
Tags: IndiaReal Estate
Real Estate Greenfield Project: The names “Greenfield” and “Brownfield” are frequently used to describe projects, causing one to wonder what the key distinction between the two is. While we may go into great detail about this idea in this article, it’s far better to start by clarifying that a Greenfield enhancement is an upgrade of an existing business, whereas a Greenfield venture is another term for a brand-new venture.… Read more
How did Hyderabad’s real estate market become the costliest in South India?
Hyderabad residential real estate has surpassed other major home markets in south India to become the most expensive housing market in the area after experiencing an extremely rapid price rise over the past eight years. Hyderabad is the second most expensive real estate market in India’s eight major housing markets, behind Mumbai, according to data available on PropTiger.com. The town, which is known as India’s pharmaceutical industry, had an average price of Rs 6,100 to Rs 6,300 per square foot for new assets and unsold inventories.… Read more
Illegitimate children’s property rights
There are no illegitimate offspring, simply fraudulent parents, once claimed Leon R Yankwich. The property rights of illegitimate offspring in India are based on a fundamental concept stated in the Indian Constitution.… Read more
What exactly is the market price?
Tags: IndiaReal Estate
Throughout their search for the perfect home, potential home buyers frequently come across the term “market value.” The market value is the amount that a buyer will be willing to pay in a marketplace for a property or any other type of asset. They are variable and are affected by a variety of aspects such as demand and supply, property quality, and the economic climate, among many others.… Read more
