There has been a recent, widespread increase in cement prices. The monthly average price of ordinary cement in all of India increased by more than 10% in March 2022, reaching Rs 395 per 50 kg bag. Based exclusively on the comparison of one year to the next, it increased by 11%. Read on to learn more about Delhi’s cement price and how it affects the real estate industry.… Read more
What is the loading factor in apartments?
The contrast between the superb built-up position and the carpet location is known as loading, to put it simply. It may be computed using the following straightforward formula:… Read more
What is Khata?
The word “Katha” is a common one in India. Although the word “Khata” means “account” in English, in the context of property and property-related transactions in Bengaluru, it essentially refers to a jail report that recognizes a specific item of property. It is a report that includes crucial information on the possession of the property. This jail sales report is required for Bengaluru residents before they may enter any exchange for personal property.… Read more
All to Know About Transfer charges in Noida
The Noida Authority reduced the switch rate by nearly half on September 24, 2021, in a move that might significantly lower the cost of purchasing resale homes. The Noida Authority decided to lower the switch of memorandum (TM) rate for the residential category, which includes flats and plots, from 5% to 2.5% during its 203rd board meeting, which was held on September 24, 2021.… Read more
How will Rent Courts resolve tenant-landlord disagreements?
According to the Act, each Union Territory and State (UT/State) government in the UT may choose to represent any number of Rent Courts in the relevant geographic area. If a Rent Court currently exists in a UT or State under another law, the same could be designated as a Rent Court under the MTA as of 2021. If there is no longer a court of this sort in a given location, then any other court established following other laws may be treated as a rent court for purposes of the Tenancy Act. If a UT/State establishes more Rent Courts in a given area, the relevant authorities may also furthermore challenge a specific decision to change the distribution of commercial… Read more
All About Depreciation of Property
An important factor in determining an asset’s depreciation is the asset’s age or the date of formation. Additionally, you might want to take it into account, especially if you’re a dealer and trying to determine the right price to charge for the assets. As was already mentioned, the value of the ground upon which the asset is built no longer depreciates. It is best appreciated with time.… Read more
All About Buying a Smart Home in Chennai
Chennai’s housing market has long been noted for its inexpensive society homes, residential lands, and independent houses. Aftermarket studies confirmed demand for such homes, many builders recently presented their innovative residential projects inside the city. And how do those ingenious homes vary from other rich or ultra-luxurious homes in Chennai’s housing developments?… Read more
All About Buying Property in Dubai
From a financial standpoint, Dubai is a high-end real estate market where all kinds of homes, including houses and Luxury homes, are available for sale in Dubai via cryptocurrency. Many people were looking to invest inside the city when the Dubai government changed the laws and permitted foreigners to buy homes and apartments in Dubai. Purchasing a home in Dubai for foreigners comes with several benefits due to the significant potential for financial return.… Read more
In which areas of Bangalore do people purchase homes?
It wouldn’t be an exaggeration to claim that Bangalore’s “Whitefield” is one of the most sought-after residential areas for people looking for homes. A developed residential neighborhood on the town’s eastern outskirts, the area is well-known for housing first-generation parks and the offices of major IT titans. A combination of built-in and under-development housing complexes is present there because the area generally caters to purchasers’ needs.… Read more