The Noida Authority reduced the switch rate by nearly half on September 24, 2021, in a move that might significantly lower the cost of purchasing resale homes. The Noida Authority decided to lower the switch of memorandum (TM) rate for the residential category, which includes flats and plots, from 5% to 2.5% during its 203rd […]
Category Archives: Know your Real Estate
Property Registration in Mumbai
Verifying the title documents of any assets is essential before purchasing them. The legitimacy of the legal name attached to the assets held by the seller is one of the factors that should be covered in the asset identification verification. The legitimacy and legality of the Power of Attorney, as well as the rights to […]
How is the Indian real estate business now positioned to embark on its next phase of expansion?
Tags: IndiaReal Estate
The true measure of a country’s progress is when smaller towns, villages, and second and third-tier cities experience an increase in real estate building. India is celebrating its 75th year of independence. The astounding emergence of India’s towns and villages, which are bolstered by a solid infrastructure, is the hallmark of our country’s progress. Furthermore, […]
Children’s themed homes are becoming increasingly popular in India.
What exactly are kid-friendly houses?: Kid-centric houses are built with the growth and development of children in mind. Child-centric houses are housing communities that focus on fostering children. The notion of children-themed houses is mostly built on collaborations with kid-friendly businesses such as Disney to provide household items such as furnishings, paints, dinnerware, and equipment. […]
Benefits and Drawbacks of Purchasing a Resale Home
Advantages of Purchasing a Resale Property There are several benefits to purchasing second-hand houses in India. Some examples are:
Assets inherited following the owner’s death
When someone passes away, their possessions are distributed to the beneficiaries listed in their will. However, if someone passes away without leaving a will (i.e., they die intestate), their possessions may still be distributed following the law depending on their faith.
Everything You Need to Know About Gifting a Property in India
Section 122 of the Transfer of Property Act defines ‘present’ as the voluntary transfer of certain current transportable and immovable assets from a donor to a donee. There are, nevertheless, some requirements for a present, such as the present being physical and its possession being transmitted through the donor and normal through the donee.
Purchasing Land for Residential Construction: Important Pointers
Tags: Real Estate
Paperwork. Paperwork. Paperwork. Often a nightmare, yet still necessary. The following documents are essential if you want to prevent a splitting headache in the future.
What exactly is a building code?
Tags: IndiaReal Estate
The governing body establishes some principles to control construction works known as building regulations to attain the minimal requirements of safety and wellbeing for inhabitants of a structure. A building code is a set of municipal rules that govern how structures should be planned or constructed.
Aspects to remember before canceling an apartment booking
Tags: IndiaReal Estate
Home purchasers may be compelled to conclude their home-buying adventure prematurely for causes beyond their influence. There have been numerous recent examples when customers were forced to cancel their reservations owing to the unexpected lack of money caused by the Coronavirus outbreak. In other circumstances, the buyer may alter his or her decision upon uncovering […]
