Place inside the village’ is what the Marathi term Gaothan (‘gao’ = village, ‘than’ = place) denotes. Gaothan are the physical areas of land that make up a town, city, or hamlet. According to Section 122 of the Maharashtra Land Revenue Code, Gaothan is a territory that is a part of a village, city, or […]
Category Archives: Realty Guide / Realty News
All about filing a partition suit in India!
Tags: Realty Guide
A partition suit is an action brought by a co-parceled when there is a disagreement over property within the same family or when most of the two owners of the real estate are not in agreement over the sale or division of the land. This dispute should be started as long as the other co-owners […]
The most affordable residential cities in India are still Kolkata, Hyderabad, and Pune: JLL
Tags: IndiaReal Estate
According to the Home Purchase Affordability Index (HPAI) 2022 Report from real estate firm JLL, Mumbai has become just marginally less affordable while Kolkata, Hyderabad, and Pune continue to be India’s most affordable residential markets. However, as macroeconomic headwinds and inflationary pressures eat into family income and property prices rise while entry prices are still […]
Leading Trends That Will Shape India’s Housing Market in 2022
Tags: IndiaReal Estate
We have reached the final phase of 2022. Numerous changes were observed in the real estate industry, including a fall in affordable housing, the introduction of mid-range and luxury housing, an increase in the demand for apartments, and a creation ban to control pollution following Diwali.
What You Should Know Before Purchasing Gram Panchayat Land?
Buyers are typically enticed to invest in gram panchayat-approved land due to a scarcity of land in cities, rising costs, and future potential. Nevertheless, such an investment would necessitate changing agricultural property into non-agricultural land by paying the government a modest conversion charge. This article will assist you in comprehending the benefits and drawbacks of […]
What you should know before contesting a will?
Tags: Real EstateRealty Guide
Traditionally, contesting a will may be a tough prospect, taking a significant deal of time and cost. Surprisingly, 90% of wills are approved without being disputed. Nevertheless, you may contest a will on four key grounds. And, if you are able to persuade the court, it might be dissolved in its entirety or part.
Repo rate rising again, homebuyers may delay agreements.
Tags: Realty NewsRepo Rate
The Reserve Bank of India (RBI) has raised the repo rate for the fifth time in a row by 35 basis points (bps). According to experts, this may cause prospective homeowners to postpone their immediate intentions to purchase in property and instead choose for rental lodgings over the following several quarters. Read on to discover […]
Is it safe to acquire property using General Power of Attorney?
A General Power of Attorney (GPA) empowers one person to manage property and make financial and legal decisions on behalf of another. But is it safe to use the GPA to purchase real estate? Can this document be cancelled in court if necessary? Because homebuyers must evaluate all subtleties when purchasing a house, here we […]
Home loan applications will soon be paperless.
Tags: Home LoanRealty News
Have you ever considered using a paperless procedure to obtain a house loan? If not, then this can become a possibility now. With digitalisation, various crucial papers, such as credit score and borrowers’ data, have made the system transparent. Further digitization of paperwork might pave way for hundred percent paperless financing for house loans. we […]
How to assess the market worth of your home?
The process of selling a house consists of numerous phases, one of which is the price appraisal of the property. To determine the selling price, home sellers often compare the appreciation value to the purchase price, although this entails several factors. 99acres outlines several essential criteria that should be taken into consideration while estimating the […]
