How to Write a Letter of Intent to Lease Commercial Property in India?

Leasing a commercial property in India can be a significant step for businesses of all sizes. Whether you are an established company or a startup, the process begins with drafting a Letter of Intent (LOI). An LOI is a formal document that outlines the initial terms and conditions of a potential commercial lease agreement. In […]

In the Know: Prohibited Property and Its Impact on Real Estate!

India’s real estate market is a dynamic and complex landscape with various regulations and restrictions. One of the key considerations when it comes to property transactions in India is the concept of “prohibited property.” In this blog, we will delve into what prohibited property means, why it exists, and the implications it has for real […]

Property Types Decoded: What Each One Offers You!

Real estate is a diverse and dynamic field, offering a wide range of property types to meet various needs and preferences. Whether you’re a prospective buyer, an investor, or simply curious about the world of real estate, understanding the different property types is crucial. In this blog, we’ll explore 10 common types of properties in […]

NOC for Property in India: A Comprehensive Guide!

What is a NOC for property? A No Objection Certificate (NOC) for property is a legal document that states that there are no objections to the transfer of ownership of a property. It is issued by various authorities, such as the housing society, bank, and other government agencies.

How to Calculate Income Tax on Let Out Property in India?

A let-out property is a property that is rented out to tenants. The owner of the property receives rent from the tenants, which is considered income under the Indian Income Tax Act.

The Rise of Row Houses in India: Should You Invest in One?

In the diverse landscape of Indian real estate, the term “row house” often finds its way into property listings and conversations. If you’re considering investing in a home in India, it’s essential to understand what a row house is and whether it’s a suitable choice for you. In this blog, we’ll explore the meaning of […]

Why Zero-Rental Flats Are Gaining Popularity in Mumbai?

Zero-rental flats, also known as heavy deposit flats, are a type of rental agreement in which the tenant pays a large upfront deposit instead of monthly rent. The deposit is typically equivalent to 10-20 years of rent, and is returned to the tenant at the end of the tenancy period, minus any deductions for damage […]

Token Money and Property Agreements Explained!

Token money is a small amount of money paid by a buyer to a seller as a sign of good faith and intent to purchase a property. It is also known as earnest money or booking amount. Token money is usually paid at the beginning of the property transaction process, even before a formal sale […]

Digital Auction Extravaganza: DDA’s Prime Plot Sale from November 7!

The Delhi Development Authority (DDA) will hold an e-auction for prime plots from November 7, 2023. The auction will include a variety of plots, including residential, commercial, institutional, and industrial plots. The plots are located in prime locations across Delhi, including Dwarka, Rohini, and Narela.

YEIDA’s Residential Scheme Draw for 1,184 Plots!

The Yamuna Expressway Industrial Development Authority (YEIDA) held a draw on October 18, 2023, for its residential plot scheme offering 1,184 plots in Sectors 16, 17, and 20. The draw was conducted under the supervision of an allotment committee to ensure fairness and transparency.

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