The word “built-up area” describes the amount of land that has been completely covered by buildings, structures, pavements, and other man-made structures. It is an important component of urban planning since it has a big impact on the community’s environment, infrastructure, and quality of life. Everything you need to know about built-up regions, from their definition to their effects on society, will be covered in this article.… Read more
How can you learn more about your ancestors’ property in India?
In India, “ancestral property” refers to items that have been passed down through a family from one generation to the next. These kinds of properties are frequently important to those who are looking to learn more about their ancestry and regain their lawful ownership. However, due to a lack of adequate paperwork and insufficient records, locating ancestral property information in India can be difficult.… Read more
Designing Your Own Oasis: A Guide to Outdoor Living Spaces!
An outdoor living space is a designated area in your yard or on your property that is designed for relaxation, entertainment, and socializing. It can include various features such as patios, decks, seating areas, fire pits, grilling stations, gardens, and more. The purpose of an outdoor living space is to extend your living area beyond the walls of your home and provide a place to enjoy the outdoors while still having the comfort and convenience of home. Outdoor living spaces can vary greatly in size and design, ranging from a simple seating area to an elaborate outdoor kitchen and dining area. The key is to create a space that is functional, comfortable, and aesthetically pleasing, and that meets your needs … Read more
How can I apply for a land use change in Pune?
In Pune, you must apply for a Property Conversion Certificate from the Revenue Collector or District Collector if you wish to utilize your agricultural land for development. On agricultural property, in particular, some severe restrictions and regulations forbid further development unless it is submitted to the authorities. The government subsequently issues the proprietor with a CLU certificate, allowing them to utilize the agricultural property for all non-agricultural uses.… Read more
What is the SARFAESI Act, of 2002?
Securitization and reconstruction of financial assets as well as the enforcement of security interests are governed by the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002, Indian legislation. This law intends to make it easier for the banking and financial industry to resolve non-performing assets (NPAs) and give banks and financial institutions a more effective way to collect their obligations.… Read more
Important Things to Do When Moving into a New Home!
Owning a new home is often considered a major milestone and a source of pride for many people. It can bring a sense of stability, security, and freedom to create a living space that is truly your own. A new home provides opportunities for personal expression and can offer a chance to build lasting memories with loved ones. Additionally, investing in a new home can also bring financial benefits such as building equity and appreciation in property value over time.
Moving into a New House? The Ultimate New House Checklist:… Read more
What are Real Estate Mutual Funds?
Real estate mutual funds are investment vehicles that pool money from multiple investors to purchase a diversified portfolio of real estate assets such as commercial properties, residential properties, or real estate investment trusts (REITs). The fund is managed by a professional fund manager who makes investment decisions and oversees the portfolio.… Read more
The best retirement destinations near Mumbai!
A retirement home, also known as a senior living home, is a type of housing designed for older adults who are no longer working and are looking for a more manageable and supportive living environment. These homes often offer various services and amenities, such as meals, housekeeping, transportation, and access to health care, to meet the needs of aging residents. Retirement homes can range from independent living apartments to assisted living facilities, and provide a social community for seniors to enjoy their retirement years.… Read more
Know the tax implications for an inherited property: Tax Guide
Any asset that is given to the trustee after the owner’s passing, whether by will or in line with the laws of inheritance, is regarded as an inherited asset. Up until 1985, the executor of the estate was responsible for paying any inheritance taxes; this “property tax” was abolished in 1985. There aren’t any tax repercussions associated with acquiring riches right now. Two restrictions, nevertheless, could have an impact on taxes. Check out when and how it applies.… Read more
Regulations for dogs in housing societies!
Every Indian person has the freedom to decide whether to live with or without a pet thanks to Section 51(G) of the Constitution. It also asserts that all living things should be treated with kindness by humans. Those listed in Article 11, inflicting needless pain, suffering, or harm to an animal, fall within the prevention of cruelty to animals. This covers violations including striking, kicking, approaching too closely, speeding, overloading, and abusing an animal.… Read more