The Maharashtra government, in a significant move to alleviate the financial burden on property owners, has extended the Stamp Duty Amnesty Scheme till June 30, 2024. Initially set to expire on March 31, 2023, this extension is a response to the state’s lower-than-expected revenue mobilization and a concerted effort to continue supporting the citizens during […]
Category Archives: Property Update
Paying BBMP Property Tax Online: A Comprehensive Guide
Tags: Property Tax
The Bruhat Bengaluru Mahanagara Palike (BBMP), the administrative body responsible for civic and infrastructural assets of the Greater Bangalore metropolitan area, has streamlined the process of paying property tax through its online portal, bbmptax.karnataka.gov.in. This initiative reflects the growing trend towards digital governance and offers a convenient, transparent, and efficient method for property owners in […]
Unveiling the Rajpura Master Plan 2031: A Blueprint for Future Development
Tags: NewsReal Estate
The Rajpura Master Plan 2031, a visionary project spearheaded by the Greater Mohali Area Development Authority (GMADA) and the Punjab Urban Planning and Development Authority (PUDA), is set to redefine the landscape of Rajpura. This comprehensive plan is not just a blueprint for infrastructural enhancement but a strategic roadmap aimed at fostering sustainable urban growth, […]
What is a Serviced Apartment? All You Need to Know to Head Out in 2024
Tags: Property
A service apartment is a fully furnished apartment that is available for short-term or long-term stays. It provides daily use amenities, housekeeping and many other services, all included in the rental price. Let’s say you want to get into the real estate business. In this case, it might be a good idea to diversify your […]
All About National Capital Region Planning Board
Tags: NCR
The National Capital Region Planning Board (NCRPB) was established in 1985 through an act of Parliament to manage the growing population pressures on the National Capital Region (NCR), which encompasses parts of Uttar Pradesh, Delhi, Haryana, and Rajasthan. Chaired by the Union Housing and Urban Affairs Minister and including members from the constituent states, NCRPB […]
How to Apply for Stamp Duty Refund in Maharashtra Online?
Tags: Stamp Duty
Imagine a scenario where Priya, a potential homebuyer in Maharashtra, pays stamp duty for a property purchase that later falls through due to unforeseen circumstances. This situation raises the question: What happens to the stamp duty already paid? Fortunately, the Maharashtra Stamp Act, 2017, provides for a refund in such cases, especially if a crucial […]
Your Dubai Move Made Easy: A Guide to Paperwork and Preparation
Navigating the vibrant landscape of home leasing in Dubai demands more than just finding the perfect abode. It involves understanding the intricacies of required documents and legalities. Let’s delve into the perplexing world of property renting in this stunning emirate.
Understanding the Importance and Process of Relinquishment Deeds in Property Transfer
A property may have several heirs. If one of the heirs wishes to relinquish his share or rights in the inherited property, he or she must sign a deed of relinquishment. A deed of relinquishment is valid for joint Hindu property in India. It guarantees that the remaining co-owners have full legal rights to the […]
Site Plan vs. Floor Plan: What’s the Difference?
If you take a quick look at some of the site plans, you’ll see that their main goal is to visualize the outside of a property. This includes the main building, but also all the other structures and characteristics of the land that it sits on. If you’re working on a domestic project, not only […]
Things to see before taking possession of your property
Tags: Home BuyingProperty
Buying a house has always been a dream for most people because it gives you a sense of security. However, the feeling you get when you take possession of your dream home is something you can’t explain. However, you must remain cautious. In some cases, you may be deceived by the builder/ seller concerned. They […]
