In the realm of Indian taxation, Form 26QB holds significant relevance, particularly in transactions related to the sale of property. This form essentially deals with the deduction of Tax Deducted at Source (TDS) on property sales. Understanding its nuances is crucial for both buyers and sellers to ensure compliance with tax regulations.… Read more
A User’s Guide to Changing Your Name on Your Electricity Bill
Changing your name in official documents is a significant step, often necessitated by life events such as marriage, divorce, or personal preference. One crucial document that needs updating is the electricity bill, a fundamental proof of residence and identity in India. In this comprehensive guide tailored for Indian readers, we will delve into the intricacies of how to change your name in an electricity bill, ensuring a smooth and well-documented transition.… Read more
What is GPA in Property? Understanding the Concept and Its Importance
Tags: Real EstateRealty Guide
When it comes to property transactions, particularly in India, the term GPA often arises. But what is GPA in property? The GPA full form in property is General Power of Attorney. It refers to a legal document that allows one person, known as the Principal, to authorise another person, the GPA holder, to carry out specific actions on their behalf regarding property matters. This blog will explore how the GPA power of attorney works, its significance, and the legal challenges associated with it, especially in property dealings.… Read more
How to Invest in Real Estate in India: A Beginner’s Guide for 2024
Tags: Real EstateRealty Guide
Real estate investment has long been one of the most popular methods of wealth creation in India. With rapid urbanisation, a growing population, and an increasing need for residential and commercial spaces, real estate investment continues to offer attractive returns. Whether you’re looking for long-term gains or passive income, understanding the fundamentals of real estate investment in India is key to making informed decisions.… Read more
Choosing the Best Floor for Positive Energy: A Vastu Shastra Perspective
Tags: Real EstateVastu Shastra
When selecting a flat, many homebuyers consider several factors—location, size, and price—but often overlook one crucial aspect: Vastu Shastra. Rooted in ancient Indian traditions, Vastu Shastra is a science of architecture that emphasises the harmony of natural energies within a space to promote well-being and prosperity. A key element that impacts the flow of energy in your home is the floor you live on. In this blog, we will guide you through the principles of Vastu for flats, helping you choose the best floor that fosters positive energy and balance.… Read more
Complete Guide to Bhoomi Poojan Vidhi for New House Construction: Rituals, Prayers, and Offerings Explained
Tags: Vastu Shastra
Building a new home is a monumental milestone in life, and in Hindu culture, it’s customary to perform a sacred ceremony called house construction bhoomi pooja before starting construction. This traditional ritual is meant to honour Mother Earth (Bhoomi Devi) and seek blessings from deities for harmonious and successful construction. Let’s explore the bhoomi pooja in English, its significance, and the essential steps involved.… Read more
RERA’s Definition of Carpet Area: A Guide for Homebuyers and Developers
Tags: Real EstateRealty Guide
The introduction of the Real Estate (Regulation and Development) Act, of 2016 (RERA) brought significant transparency and accountability into the real estate sector, particularly in the way residential property sizes are calculated and communicated. One of the key aspects standardized by RERA is the definition of ‘carpet area’. Understanding this definition and the calculation method is crucial for both homebuyers and developers, as it influences pricing, legal documentation, and property comparisons. This blog post explores RERA’s definition of carpet area, how it is calculated,and why it matters to both buyers and developers.… Read more
Which is Better: Ulwe or Kharghar? A Comprehensive Comparison
Tags: City insightNavi Mumbai
In the dynamic landscape of real estate, choosing the right locality is paramount. Ulwe and Kharghar, two emerging residential areas in Navi Mumbai, have been gaining significant attention from homebuyers and investors alike. This article aims to provide a detailed comparison to help you make an informed decision on which of these locales might suit your preferences and needs.… Read more
Leave and License Agreement: Meaning, Maximum Period and Benefits
Tags: LegalRealty GuideRental
A leave and license agreement is an essential contract that outlines the terms and conditions between a landlord (licensor) and a tenant (licensee) in the context of property transactions. Under the terms of this agreement, the licensee is granted the right to use the licensor’s property for a predetermined amount of time, provided that rent or other remuneration is paid.… Read more
What is an Encumbrance Certificate? EC Meaning and Full Form in Property Purchases
As a land buyer, you need to be aware of encumbrance certification (EC) in order to make an informed purchase decision about a piece of land. You may find out about any loans, fees, and other liabilities associated with a plot of property from the certification.… Read more
