Sun-dried bricks: Unburnt bricks, often known as sundried bricks, are the simplest and most common type of brick. The call itself contains the process for making those bricks. Frequently used in rural areas or temporary constructions, not burned but dried inside the sun for hardening. In our list of brick types that were employed in construction, they are less durable, have less heat and water resistance, and are thus pleasant when used in temporary systems.… Read more
The Best Waterfront Investments in Dubai
Bluewaters Residences
You should look into Bluewaters Residences if you want to get a sense of what to expect from the upcoming Port de La Mer. Bluewaters, another magnificent project carried out by Meraas, is situated on a man-made island off the coast of Jumeirah Beach Residence and enriches its residential towers with resort-style hospitality standards and a wide range of retail and dining options. Ain Dubai, the highest enormous wheel in the world, is undoubtedly the island’s main attraction. This year, Bluewaters may start delivering.… Read more
Taxation on Inherited Property
You may be concerned about your tax obligations related to the inherited property. Your inherited possessions may also include real estate, gold, mutual funds, certificates of deposit, and other transportable items. In India, there are special circumstances that result in tax liability on any inherited asset. Here is all the information on inheritance tax that you need to know. A type of tax known as inheritance tax is assessed on income obtained by a person from his or her ancestors’ possessions.… Read more
Know The Basics About Fungible FSI
The additional ground area developed by the builder over and above the FSI limit imposed by the government is known as the fungible floor space index (FSI). Continue reading to learn more about fungible FSI and the rules governing it.… Read more
All To Know About Deemed Let Out Property
Only one of your residential properties may be considered to be used for self-occupied purposes under the regulations for income tax if you own multiple residential properties. The remaining properties must either be released or, even though they are no longer rented out, they may be regarded as released properties.… Read more
Indian investors cheer as Dubai relaxes Golden Visa regulations
According to the Economic Times, the United Arab Emirates (UAE) recently revised the rules on golden visas, which led to a surge in demand for opulent homes inside the Gulf nation. The study made clear that an increasing number of buyers are Indians buying a second home in Dubai. The UAE’s “golden visa” program enables “outside workers to stay and work or visit within the UAE while enjoying unique benefits.”… Read more
Illegitimate children’s property rights
There are no illegitimate offspring, simply fraudulent parents, once claimed Leon R Yankwich. The property rights of illegitimate offspring in India are based on a fundamental concept stated in the Indian Constitution.… Read more
All You Need To Know About Patwaris
The primary duty of the patwari, a government official, is to maintain records of all the land inside the villages that he is responsible for supervising. Also known as the village accountant, the patwari. The patwari serves as a mediator between the government and the farmers. When people want to learn anything about their country, the patwari is the first person they should contact or interact with.… Read more
GST on residential rent to depress the demand for rental accommodation
According to real estate experts, the Goods and Services Tax on residential projects may cause a slight decline in housing demand or apartment prices, but the market may eventually adjust to the new tax laws. Since July 18, residential rents have been covered by the Internet of Goods and Services Act. Tenants may also be required to pay GST using a different rate structure than the government.… Read more
How to get a refund on a cancelled property deal?
Consider this: you have been negotiating on a property deal for a year now. Unfortunately, the deal has to be cancelled by the seller due to unforeseen circumstances. What happens next? Any seller worth their salt knows that property deals are unpredictable. The deal can be cancelled by either party. In India, particularly, property deals fall through due to multiple reasons. It is why you must always do your research on cancelled or failed property deals.… Read more
