Panchkula: On Tuesday, June 8, the Haryana Chief Minister Manohar Lal Khattar announced the establishment of the Panchkula Metropolitan Development Authority(PMDA).… Read more
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Kerala rushes one step closer to industrial development with GIFT city: report confirms
Scores of people must have seen the news channels flashing chunks of information on GIFT City; however, before one can trace clarity on the developmental projects, it is important to toss away the dilemma. … Read more
Lease vs Rent – Which one to choose?
Although both the terms – rent and lease are used interchangeably by a lot of renters, liaising a property does not equate to renting a home. … Read more
Things you should know about the property transfer
Transferring your property to someone else can be a daunting task. There can be multiple reasons to do that like selling the property, retirement plans, demise of the existing owner, and similar others. The process can be easy if you know the tax implications and basics of the Transfer of Property Act in India. … Read more
Union Cabinet approves the Model Tenancy Act
After releasing the first draft in 2019, on 2nd June 2021, the Union Cabinet approved the Model Tenancy Act also known as the MTA to aid the rent economy in the estate sector and streamline the process of renting a property. This move will help overhaul the legal work in regards to renting a house across India.… Read more
Real Estate transaction in India: what you need to know?
A report by IBEF suggests that the real estate market of India is likely to reach USD 1 Trillion by 2030 from USD 120 billion in 2017. The report further suggests that India’s real estate market is expected to reach USD 650 billion by 2025 thereby contributing 13% to the country’s GDP. Apart from increasing real estate requirements from the education and healthcare sectors, the residential sector is also growing significantly.… Read more
How to search for a good contractor in real estate: the dos and don’ts
One of the most challenging tasks in the real estate business apart from the negotiations is hiring a trustworthy contractor that can help you turn properties into profit or a house into a paradise. … Read more
All the things you need to know about development management model
The latest trend of national developers associating with regional players for construction projects sees a rise. The purpose of connecting national and local builders is to reduce financial risks and gain from each other’s experience. … Read more