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
PropertyPistol Insight Team
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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
31 new shopping malls to be operational by end of next year: Real Estate
According to Anarock, the retail industry is expected to see a strong recovery, leading to the opening of up to 31 new buying department stores by the end of the following year.… Read more
An increase in requests to register new projects: UP RERA
Tags: IndiaReal EstateRERAUP
For the registration of recent projects in the dwelling, industrial, and mixed-land use categories, Uttar Pradesh RERA has received about 125 applications in the first half of 2022. 34 percent of those parcels are from NCR areas, and about 66 percent are from non-NCR districts. Concerning the packages for brand-new project registration, the residential class has the highest percentage—roughly 75%—and the packages for commercial and mixed-land-use projects have the lowest percentage—25%.… Read more
Real estate for businesses in the era of the hybrid work model
As the world has changed, so have the people, economies, and governments that have emerged from the second wave of the epidemic. The laws of the past have been revised for the present and the future. Businesses are genuinely focusing on the need for the modern generation to increase productivity, maximize customer satisfaction, and tap the right target market quickly and efficiently. The need for a complex workplace structure that allows for contractual flexibility, freedom of development, and the ability to relocate has increased as a result of its expansions and revaluations. The demand for freshly built industrial properties that meet all requirements to complement the hybrid painting version is skyrocketing among IT behemoths, businesses, and providers of financial services.… Read more
By 2027, the market for green building materials is anticipated to reach $523.7 billion
In 2021, the market for environmentally friendly building materials reached a value of US$ 280.5%. The author projects that the market will reach US$ 523.7 billion by 2027, growing at a CAGR of 11.06 percent between 2022 and 2027. We continuously monitor and compare the direct as well as the oblique impact of the pandemic on various give-up use sectors while keeping in mind the COVID-19 uncertainties. These observations are included in the text as a top-notch market contributor.… Read more
Why buying real estate in Dubai is still the greatest option for Indian investors today?
Tags: DubaiReal Estate
Dubai’s real estate district is growing as policies that prioritize investors attract local and international purchasers. The most recent sales numbers for Dubai real estate in the previous thirteen years was Dh22.7 billion.… Read more
All About Purvanchal Expressway
Tags: IndiaInfrastructure
The infrastructure project, which is unquestionably one of the largest completed by the Uttar Pradesh government and is expected to cost Rs 22,496 crore, has been hailed as the “provider of improvement” for the poor Purvanchal region.… Read more
Everything to know about the Pune Metro project
Tags: InfrastructurePune
The foundation stone for the Pune Metro was set in December 2016 after being conceptualized in 2009. The Maharashtra Metro Rail Corporation Limited (MahaMetro) has covered both elevated and underground options inside the partially functional corridors from Pimpri Chinchwad Municipal Corporation (PCMC) to Swargate and Vanaz to Ramwadi, with a projected cost of about Rs 11,400 crore.… Read more
AAI raises the ceiling height for constructions near Navi Mumbai Airport to 48 stories
The City and Industrial Development Corporation of Maharashtra Limited (CIDCO) announced on July 30 that all building proposals within a radius of 20 km from the approaching Navi Mumbai International Airport (NMIA) will now be accepted to accumulate to a height of a hundred and sixty meters (46-forty eight floors), removing the fifty-five-meter cap (15-sixteen floors).… Read more
