In the bustling landscape of Indian cities, where real estate is at a premium, the rules and regulations surrounding apartment car parking in housing societies play a crucial role in maintaining order and ensuring smooth coexistence. This article aims to provide a comprehensive guide to apartment car parking rules in Indian housing societies, shedding light on common practices, challenges, and the importance of a well-defined parking policy.… Read more
Circle Rates in India: How Do They Influence Homebuyers?
In the realm of real estate transactions in India, the term “circle rate” holds significant importance. This crucial aspect of property transactions is intricately linked to property valuation and can have a profound impact on homebuyers. In this article, we will delve into the concept of circle rates, explore its implications on homebuyers in India, and decipher how it shapes the real estate landscape.… Read more
What Type of Land is Used to Build a Resort in India?
In India, the type of land used to build a resort can vary depending on the location and the specific requirements of the project. However, some common types of land that are used to build resorts in India include:… Read more
India vs Dubai Real Estate Investment: A Comprehensive Guide
Tags: DubaiIndiaRealty Guide
Real estate investment offers lucrative opportunities for individuals seeking to grow their wealth. When considering international markets, India and Dubai emerge as prominent destinations for property investors. Understanding the dynamics of these markets is crucial for making informed investment decisions. If you’re exploring options to Buy Property in Dubai or in India, it’s essential to conduct thorough research and consider factors such as location, property type, and market trends.… Read more
Best Residential areas to live in Chennai: Exploring the Chennai Neighborhoods
Chennai, known for its rich cultural heritage and modern amenities, offers diverse residential options suitable for different lifestyles. Whether you prefer the upscale neighborhoods of Alwarpet and Nungambakkam or the IT hubs like Sholinganallur and Porur, the city caters to various preferences. From excellent connectivity and infrastructure to proximity to schools, hospitals, and entertainment hubs, each locality provides unique benefits, making Chennai a great place to settle.… Read more
What are the Different Land Use Zones in Maharashtra?
Tags: Land BuyingRealty Guide
Maharashtra, a state known for its diverse geography and rapid urbanization, is characterized by various zones of land use, each serving distinct purposes. From residential and commercial to agricultural and industrial zones, understanding the classification of land in Maharashtra is essential for both residents and investors, particularly those looking to buy property in Mumbai or any other parts of Maharashtra. This comprehensive guide aims to delve into the different zones of land in Maharashtra, shedding light on their characteristics, regulations, and the implications for land development.… Read more
Is it acceptable for a developer to sell a building’s terrace area?
A terrace or rooftop is a common location in a residential community that is for the use and pleasure of all of its residents. Although it has been apparent that many builders promote or grant special terrace privileges in exchange for cash, the practice is prohibited.… Read more
What exactly is a City Survey Property Card?
*Remove Interlinking from the para “The city survey number is used to verify the authenticity of a property in an address (CTS number).” The Superintendent of Land Records of Maharashtra assigns a unique identification number to each property in accordance with the procedure. This numerical identifying code is also known as a triangle survey number, series, or CTS number.… Read more
All About the Depreciation of Property!
Depreciation is the gradual decline in an asset’s value brought on by damage, obsolescence, or other circumstances. Property depreciation is a decrease in value brought on by these elements. Depreciation of property in India has a big impact on taxpayers since it changes their taxable income and how much tax they have to pay.… Read more
Land pooling schemes: A viable alternative to land acquisition!
Tags: Realty Guide
The road to developing into an infrastructure behemoth in India was littered with squabbles between the government and landowners. The passage of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation, and Resettlement Act, 2013 (RFCTLARR, 2013) (now referred to as the Land Acquisition Act) in 2013 provided considerable assistance. Conflicts over inconsistent, inadequate pay, and claimed forcible purchases, on the other hand, drove the states to find a replacement, and the Land Pooling Act emerged as a popular solution. Many states have announced their separate Land Pooling Acts since land acquisition and commandeering fall under the concurrent list.… Read more
