At each phase of the property selling process, a property seller has different rights and obligations. These include the power to levy a penalty if the buyer withdraws after paying the token money, as well as the obligation to pay off all payments and settle all debts before the property transfer procedure begins. Examine a seller’s rights and responsibilities in depth!… Read more
Mechanism And Conditions For Property Transfer
Do you know what documentation you’ll need to lawfully transfer your property into the buyer’s name? And what precisely is the function of the seller in the entire property transfer procedure, known as mutation! Furthermore, the procedures for ‘property sale‘ and ‘will inheritance’ differ. Continue reading to learn about the mutation process in detail.… Read more
How do I withdraw PF to buy a house?
When a salaried person is looking to acquire money for the purchase of assets, the Provident Fund (PF) steadiness may be an incredible resource. Following the PF’s asset purchase withdrawal regulations, you may withdraw up to 90% of your overall PF stability to buy a home or use the land for domestic production. However, the land must be held by the PF account holder, his spouse, or both. However, one must have made contributions to their PF account for at least five years to be eligible for the PF withdrawal for asset purchases. This PF withdrawal option is also available to all EPFO employees working in the non-public sector. All PF and EPF account holders are therefore qualified for provident … Read more
Costs Associated With Selling A Home
Selling a home is much more than just making money. There are other costs associated with the procedure. These include anything from promoting and selling your home to paying the broker’s fees and notary expenses. The article goes through all of the expenses associated with selling a home.… Read more
Commercial Real Estate Leasing Market Fueled by Proptech
The evaluation and analysis of the features and expenses of residential apartment buildings are now easier than ever. Going online is obviously the first step in finding a domestic or rental apartment. Consider the contents of the ads that suit our requirements after filtering by size, variety of rooms, equipment, location, not unusual place amenities, rate, and conditions. A digital outing is frequently feasible, and the owner or dealer may be contacted right afterward. However, the digitalization of commercial real estate leasing has been a slow process.… Read more
A guide to home loan refinance!
1. Determine if you need to refinance.
There are various reasons to consider refinancing, from receiving a higher interest rate to remodeling or expanding, from buying an investment property to debt consolidation. However, you should always determine whether refinancing makes financial sense before deciding to negotiate with a new lender.… Read more
Are higher-floor apartments more expensive?
If looking for a brand-new condominium, you may be wondering how much homes on higher flooring cost compared to those on lower flooring. So, are homes with nicer flooring more expensive? The short answer is that while superior floors are often more expensive in “high-rise” structures, this is no longer the case with garden-style homes. If a person needs to climb a few stairs, the superior flooring in garden-style homes could be less expensive. Though generally more expensive, superior flooring.… Read more
Property rights of the second wife and her children
Property rights of the second spouse and her children can be examined and assessed as rights of the second spouse and her children born outside of the first marriage and included in their father’s possessions. In ancient times, polygamy came to be accepted and practiced among Hindus. The Hindu Marriage Act of 1955 is the current law in India that forbids bigamy and polygamy. If the marriage is legal under the Act, the wife is entitled to several privileges.… Read more
India switches to flexible real estate from coworking spaces
Co-running operators are opening new centers to meet the rising demand for flexible workspace, and according to Anarock, their share of the average office space rental increased to 20% from January to June. Real estate agent Anarock joined this phase in April by acquiring a 75% share in myHQ, a booking website for co-running spaces, through a stock and coin transaction valued at around Rs. 125 crores. MyHQ, a Delhi-NCR-based company, has more than 50,000 subscribers.… Read more
Locality Overview of Koregaon Park, Pune
One of Pune‘s upscale neighborhoods, Koregaon Park is adjacent to the city’s business districts and IT clusters. The neighborhood boasts excellent municipal amenities and is well-connected to other areas of the greater Pune metropolis. One of Pune’s oldest neighborhoods, Koregaon Park is a prestigious residential area that is situated in the southern part of the city. Many famous people have farmhouses here since the area is one of the most prominent in the state of Maharashtra. There are also many Europeans living here. Many well-known Pune neighborhoods, such as Kalyani Nagar, Yerwada, Ghorpadi, and Magarpatta, are close to Koregaon Park. These projects come in a wide spectrum of styles, from budget-friendly to opulent.… Read more