Mumbai, a bustling metropolis, offers a variety of residential options catering to diverse preferences and lifestyles. In the heart of this vibrant city, Kandivali East emerges as a preferred destination for potential homebuyers seeking a blend of modernity, convenience, and tranquility. One of the standout projects that encapsulate these qualities is Godrej Reserve, a newly launched venture by the renowned Godrej Properties. This extensive guide delves into what makes Godrej Reserve not just a house, but a home that promises a resort-like living experience.… Read more
The MahaRERA Project Approvals in FY24: A Closer Look at the Landscape
Tags: IndiaReal Estate
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has played a pivotal role in shaping the real estate landscape of Maharashtra, ensuring transparency and accountability. In the fiscal year ending March 31, 2024, MahaRERA has demonstrated its continued commitment to regulating the sector by approving a significant number of new housing projects. This blog post delves into the details of these approvals, providing insights into regional trends and the implications for stakeholders in the real estate market.… Read more
The RBI maintains repo and reverses repo rates at their current levels
Tags: Real Estate
The Reserve Bank of India (RBI) has decided to keep the repo rate at 4% for the eleventh time in a row, and the reverse repo rate at 3.35 percent, in order to continue its accommodating policy stance.… Read more
Maharashtra Extends Stamp Duty Amnesty Scheme 2023: A Respite for Property Owners
The Maharashtra government, in a significant move to alleviate the financial burden on property owners, has extended the Stamp Duty Amnesty Scheme till June 30, 2024. Initially set to expire on March 31, 2023, this extension is a response to the state’s lower-than-expected revenue mobilization and a concerted effort to continue supporting the citizens during challenging economic times. This blog delves into the intricacies of the scheme, highlighting its procedure, benefits, and broader impact on the real estate sector.… Read more
Unveiling the Rajpura Master Plan 2031: A Blueprint for Future Development
Tags: NewsReal Estate
The Rajpura Master Plan 2031, a visionary project spearheaded by the Greater Mohali Area Development Authority (GMADA) and the Punjab Urban Planning and Development Authority (PUDA), is set to redefine the landscape of Rajpura. This comprehensive plan is not just a blueprint for infrastructural enhancement but a strategic roadmap aimed at fostering sustainable urban growth, improving living standards, and boosting economic development in the region.… Read more
Your Dubai Move Made Easy: A Guide to Paperwork and Preparation
Navigating the vibrant landscape of home leasing in Dubai demands more than just finding the perfect abode. It involves understanding the intricacies of required documents and legalities. Let’s delve into the perplexing world of property renting in this stunning emirate.… Read more
Site Plan vs. Floor Plan: What’s the Difference?
If you take a quick look at some of the site plans, you’ll see that their main goal is to visualize the outside of a property. This includes the main building, but also all the other structures and characteristics of the land that it sits on. If you’re working on a domestic project, not only do you want to show the size and location of your main home, but you’ll also want to show the presence of other exterior elements such as any garages, driveways, outbuildings, and boundary markers.… Read more
Everything you need to know about the RERA Act
RERA is an act of the Indian Parliament. The RERA Act aims to safeguard the interests of home buyers and to encourage investments in the property sector. The RERA Bill was approved by the Parliament’s Rajya Sabha on 10 March 2016, after which it was approved by the Lok Sabha on 15 March 2016. The Act entered into force on 1 May 2016. 59 out of the 92 sections of the Act were notified on 1 May 2016, while the remaining provisions entered into force on 1 May 2017. The State Governments have to notify their rules under the RERA Act, based on the model rules laid down in the central Act.… Read more
How to Quickly Sell Your House in Mumbai: A Guide for 2024
Selling a house fast in Mumbai can be a challenging task, considering the dynamic real estate market and various factors influencing the process. Whether you’re relocating, downsizing, or simply looking for a quick sale, employing effective strategies is crucial. In this guide, we’ll explore the key factors that influence the Mumbai real estate market in 2024 and provide actionable tips on how to sell your house swiftly.… Read more
GST on rental: Everything you need to understand about the appropriate tax rate
Tags: IndiaReal EstateRental
The introduction of GST has had a considerable influence on the residential and commercial real estate industries. The rental market, like the financial market, is subject to the tax levy. Rental revenue from commercial units, for example, is subject to GST. Other regulations and exclusions of the new tax regime concerning rental properties are listed below.… Read more
