Bangalore, also known as the Silicon Valley of India, is a popular city for IT professionals and students. However, the cost of living in Bangalore has increased significantly over the years, making it difficult for people to find affordable rental accommodations. In this article, we will discuss six of the cheapest areas in Bangalore for rent.… Read more
Panvel vs Taloja: Best Property Investment Choice in 2024
Tags: PanvelReal EstateTaloja
Panvel and Taloja, both promising real estate destinations, offer unique advantages and challenges for property buyers. In this comprehensive guide, we delve into the intricacies of both locations to help you determine the ideal investment destination in 2024.… Read more
What is BU and why is it important?
Tags: Real Estate
BU is typically the most used term in the domain of land and property construction as well as utilization. It is essentially a permit and stands for the ‘Building Usage Permission’ that is authorized by local regulatory associations. Its prime purpose is to regulate the optimization and apt utilization of every land or property in a specified arena.… Read more
Taxation of Jointly Owned Property in India: A Comprehensive Guide!
Investing in property is a significant financial decision, and many individuals in India choose to purchase property jointly with family members or business partners. However, it’s essential to understand the taxation implications that come with jointly owned property. In this article, we will explore the taxation aspects and guidelines associated with jointly owned property in India.… Read more
Renting a commercial property for ATM Installation: A Complete Guide
The requirement for ATMs across urban centers increases as the population & financial inclusion grow. If you have a commercial property, you can get profitable returns on your investment by leasing your property to banks for ATM installation. … Read more
Different Types of Bricks used in Construction
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
All about the Surat Urban Development Authority (SUDA).
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
What is the market value (or guidance value) of land?
Tags: IndiaReal Estate
What is the Market Value (Guidance Value) of Land?
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
Peripheral Ring Road (PRR) Bangalore: Transforming the City’s Real Estate Landscape
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
RERA’s Definition of Carpet Area: A Guide for Homebuyers and Developers
Tags: Real EstateRealty Guide
The introduction of the Real Estate (Regulation and Development) Act, of 2016 (RERA) brought significant transparency and accountability into the real estate sector, particularly in the way residential property sizes are calculated and communicated. One of the key aspects standardized by RERA is the definition of ‘carpet area’. Understanding this definition and the calculation method is crucial for both homebuyers and developers, as it influences pricing, legal documentation, and property comparisons. This blog post explores RERA’s definition of carpet area, how it is calculated,and why it matters to both buyers and developers.… Read more
