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
PropertyPistol Insight Team
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All About Kharadi, Pune
Pune has drawn a huge variety of people who want to build their dream homes in this charming city. Pune is renowned as the “Social Capital” of Maharashtra. Kharadi is a great area to scout in Pune, with a special point out of Kharadi, according to The Economic Times’ Ten Smart Cities to Invest In. Kharadi, which was once only a hamlet, is now filled with the sounds of infrastructure development, drawing a large number of professionals to invest in high-end properties like Panchshil Towers Kharadi Pune.… Read more
All About Electronic City, Bangalore
Due to its improved infrastructure and connections, Bangalore’s real estate industry has been seeing steady growth in recent years. The town became a real estate hotspot in India mostly as a result of the software program expansion, nevertheless. The majority of international corporations are located near Electronic City, making the area one of the best real estate investment opportunities for qualified domestic purchasers, especially during the COVID-19 epidemic.… Read more
Is the future of real estate transactions on the blockchain?
Tags: Real Estate
Given the upheaval of financial services brought about by this age and the future full-scale deployment across sectors, it is difficult to imagine a region that has not been influenced by blockchain. Blockchain technology is used in many kinds of transactions, including those involving shares, invoices, project capital firms, and food delivery services. As a result of that, the real estate sector is also affected. This is how:… Read more
The Locality Overview of Karve Nagar, Pune
Karve Nagar is a highly coveted residential neighborhood in Pune’s western outskirts. It is also one of Pune’s oldest neighborhoods. The neighborhood is extremely close to Kothrud. The Svatantryaveer Savarkar Flyover, Pune’s first flyover, was built at Kothrud. Numerous well-known neighborhoods in Pune city are close to Karve Nagar, including Kothrud, Bavdhan, Dhayari, Pirangut, and Narhe. There are many different types of projects available in the area, ranging in price from cheap to magnificent.… Read more
What happens when customers cancel bookings due to project disruptions?
Tags: Home LoanReal Estate
What is the most likely situation if a buyer cancels his flat reservations owing to a delay in project completion? Will he be repaid in full? If so, what about the bank loan he obtained for this purchase? The Karnataka High Court’s most recent decision resolves some of these questions.… 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
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
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
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
