In order to improve decision-making speed and decentralise the system, the Maharashtra administration has annulled all government decisions made by the previous Maharashtra government regarding MHADA building rehabilitation.… Read more
Know the laws and circumstances before purchasing property in the name of a minor
A property transaction is only feasible if the buyer is over the age of 18. He is required to sign the contract and deeds. According to the Indian Majority Act of 1875 and the Indian Contract Act of 1872, a minor under the age of 18 is not permitted to sign any instrument relating to property transactions. It can only be done when a guardian or parent legally responsible for the child is permitted to sign.… Read more
Price of MHADA Konkan’s Balkum Housing Scheme apartments has risen by 40%.
The MHADA Konkan board has raised the price of readymade houses in Balkum, Thane that were part of the MHADA lottery 2018 by up to Rs 16 lakh for lottery winners. There were 197 homes in the Balkum housing complex. In addition to the 125 lottery winners, 69 special scheme recipients were also included in the MHADA lottery 2018.… Read more
Properties of Warm Shell vs. Bare Shell
Practically all of us want to one day own the home of our dreams. Nevertheless, tastes may differ. While some of us may opt for a ready-to-move-in house since further delay is out of the idea, others may wish to personalise it. All purchasers’ demands are met by the real estate sector. Nevertheless, before you enter the world of real estate, it is critical that you grasp the numerous jargons that you will encounter while working with builders and property brokers. While some phrases are obvious, others may catch you off guard with their absolutely out-of-this-world connotations. Warm, vanilla, and raw shell are just a few examples.… Read more
The Pune Corporation will levy a property tax depending on facilities.
What exactly is Capital Property Tax?
Capital Property Tax is a tax charged based on the amenities and price of a property or apartment. In other words, the greater the tax, the more opulent the amenities. While additional information on this arrangement and when it will be implemented is required, it is known that it will involve paying property taxes rather of the existing circle rates. The facilities that a property owner enjoys will be paid for separately!… Read more
Three issues that real estate agents avoid telling
Many sellers try to conceal water intrusions and cover them with beautiful wallpaper or coat a layer of paint to distract your attention. Besides, the dampness problem that may arise from exposure to water condensation is closely related to leakage trouble.… Read more
All about External Development Charges!
Real estate developers in Haryana owe close to Rs 21,679 crore in additional development costs (EDC) and infrastructure upgrading fees (IDC). This amount is the 15 percent yearly penalty that those developers have accrued on top of the actual fee as a result of their inability to pay the bill on time. In actuality, at the EDC, about 80% of arrears are considered a penal hobby, and at the IDC, the percentage has exceeded 100%.… Read more
How to buy a property abroad?
Tags: Real EstateRealty Guide
Even though there are several investment opportunities available in the domestic market, Indians are currently looking at foreign properties. A compelling argument has been established for purchasing real estate in faraway locations by the stagnating housing market, easy access to finance on a worldwide scale, lenient government regulations and fantastic condominium returns. The size of cross-border investments is most definitely growing, according to recent trends.… Read more
Residential real estate on the rise: Festive season demand
Residential real estate demand has increased over the year as domestic income has seen higher demand due to low domestic mortgage rates as well as lower supply in major cities. According to Anarock data, the stock overhang will be discounted from 38 months in Q22021 to 22 months in Q22022. This is what happened as a result of people choosing to buy their own homes during the epidemic. Reduced home mortgage interest rates helped to meet a large portion of this demand. “The demand for homes has increased significantly during the past year across the nation.… Read more
