The primary duty of the patwari, a government official, is to maintain records of all the land inside the villages that he is responsible for supervising. Also known as the village accountant, the patwari. The patwari serves as a mediator between the government and the farmers. When people want to learn anything about their country, the patwari is the first person they should contact or interact with.… Read more
GST on residential rent to depress the demand for rental accommodation
According to real estate experts, the Goods and Services Tax on residential projects may cause a slight decline in housing demand or apartment prices, but the market may eventually adjust to the new tax laws. Since July 18, residential rents have been covered by the Internet of Goods and Services Act. Tenants may also be required to pay GST using a different rate structure than the government.… Read more
An increase in requests to register new projects: UP RERA
Tags: IndiaReal EstateRERAUP
For the registration of recent projects in the dwelling, industrial, and mixed-land use categories, Uttar Pradesh RERA has received about 125 applications in the first half of 2022. 34 percent of those parcels are from NCR areas, and about 66 percent are from non-NCR districts. Concerning the packages for brand-new project registration, the residential class has the highest percentage—roughly 75%—and the packages for commercial and mixed-land-use projects have the lowest percentage—25%.… Read more
Real estate for businesses in the era of the hybrid work model
As the world has changed, so have the people, economies, and governments that have emerged from the second wave of the epidemic. The laws of the past have been revised for the present and the future. Businesses are genuinely focusing on the need for the modern generation to increase productivity, maximize customer satisfaction, and tap the right target market quickly and efficiently. The need for a complex workplace structure that allows for contractual flexibility, freedom of development, and the ability to relocate has increased as a result of its expansions and revaluations. The demand for freshly built industrial properties that meet all requirements to complement the hybrid painting version is skyrocketing among IT behemoths, businesses, and providers of financial services.… Read more
By 2027, the market for green building materials is anticipated to reach $523.7 billion
In 2021, the market for environmentally friendly building materials reached a value of US$ 280.5%. The author projects that the market will reach US$ 523.7 billion by 2027, growing at a CAGR of 11.06 percent between 2022 and 2027. We continuously monitor and compare the direct as well as the oblique impact of the pandemic on various give-up use sectors while keeping in mind the COVID-19 uncertainties. These observations are included in the text as a top-notch market contributor.… Read more
How to get a refund on a cancelled property deal?
Consider this: you have been negotiating on a property deal for a year now. Unfortunately, the deal has to be cancelled by the seller due to unforeseen circumstances. What happens next? Any seller worth their salt knows that property deals are unpredictable. The deal can be cancelled by either party. In India, particularly, property deals fall through due to multiple reasons. It is why you must always do your research on cancelled or failed property deals.… Read more
Ground level flats: what are the pros and cons?
Ground-level flats are often priced lower than high-level flats. It is almost like a taboo in the real estate market. Questions like should you opt for ground-level flats are quite common. Does this mean that a ground-level flat is somehow inferior to higher-level flats? Well, the answer to this is not quite simple. Both types of flats have their advantages and disadvantages. It also depends on the choice of the homebuyer. Here’s a detailed pros and cons list of ground-level flats so you can make the decision yourself.… Read more
The Indian Succession Act, 1925: How Property is Inherited in India
Tags: IndiaReal Estate
The Indian Succession Act of 1925 is responsible for all inheritance laws. It is used as the primary source for distributing the assets of a deceased person. The Indian Succession Act is as diverse as the people in the country. Diversity is a necessity to ensure that all people, regardless of their religion, get access to their rights. In this article, we’ll tell you everything you need to know about the Indian succession act of 1925. … Read more
Four modifications that might make your house more senior-friendly
Age is a key risk factor for accidents, and older persons are at the highest risk of death or injury from tumbles both inside and outside their homes. One cannot change anything outside of your house. You may, though, make your house more senior-friendly by adopting a few alterations. The recommendations provided below will help you increase elder comfort while also lowering the chance of falls significantly. These techniques do not need large structural alterations and are simple to implement in homes.… Read more
Everything you need to know before purchasing a beachfront property
Many people dream of living near the river and watching the sunset. Waterfront properties in addition to providing a getaway from everyday life, also provide better returns on investment. Nevertheless, before investing in a waterfront property, it is critical to understand the details, which include the location and topography, safety regulations, and technicalities associated. Here is a comprehensive summary of all the factors to take into account when purchasing a waterfront property.… Read more
