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 property.… Read more
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 do you want to show the size and location of your main home, but you’ll also want to show the presence of other exterior elements such as any garages, driveways, outbuildings, and boundary markers.… Read more
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 may have promised a wide range of amenities, features, etc. at the beginning of construction. However, by the time they hand over the unit to you, you’ll notice some unfulfilled promises. These promises can range from illegal property, poor construction quality, or not providing the amenities that were promised in the project. The buyer feels cheated, so it’s best that you do a thorough inspection … Read more
All You Need to Know About Leasehold vs Freehold
When it comes to real estate, the terms ‘freehold’ and ‘leasehold’ are often used interchangeably by property stakeholders. However, what exactly do these terms mean and are there any legalities that a home buyer needs to be aware of? What is the main difference between freehold properties and leasehold properties?… Read more
Smart City Bangalore: Objective, Projects, and Current Status
Tags: BangaloreSmart City
Bangalore, the Silicon Valley of India. But beyond its glimmering skyscrapers and bustling streets lies a vision that transcends the ordinary—a vision of a Smart City that harnesses the power of technology to transform lives and communities. Join me on a heartfelt journey as we explore the objectives, projects, and current status of Smart City Bangalore, a beacon of hope and inspiration for cities around the world.… Read more
5 Compelling Reasons to Invest in Apartments in Salt Lake City Kolkata
Kolkata, often dubbed the “City of Joy,” is a bustling metropolis with a rich cultural heritage and a rapidly growing real estate market. Among its most sought-after locales is Salt Lake City, a dynamic neighborhood that offers a plethora of opportunities for homebuyers and investors alike. In this article, we delve into the reasons why investing in an apartment in Salt Lake City Kolkata is a lucrative decision.… Read more
Navigating Form 26QB: Understanding TDS Obligations in Property Transactions
Tags: Property TaxTax Guide
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
Plot Loan Tax Benefits Demystified: Your Ultimate Guide
If you’re considering purchasing a plot of land, whether for investment or building your dream home, understanding the tax benefits associated with plot loans is crucial. In this comprehensive guide, we delve into everything you need to know about plot loan tax benefits, ensuring you make informed decisions and maximize your savings.… Read more
How can expats buy property in Dubai with a mortgage?
Dubai’s real estate market is one of the most vibrant and attractive in the world, offering expatriates lucrative opportunities for property ownership. However, navigating the process of buying property with a mortgage can be daunting, especially for those unfamiliar with local regulations and procedures. In this comprehensive guide, we’ll walk you through everything you need to know about purchasing property in Dubai as an expat and securing a mortgage to finance your investment.… Read more
Things To Know About Luxury Homes In Mumbai
Mumbai, the financial capital of India, is renowned for its opulent properties and thriving real estate sector. The city has witnessed a significant surge in demand for luxury apartments, with an average of nearly 150 property units launched daily in the first half of 2023, according to data from the Maharashtra Real Estate Regulatory Authority (MahaRERA). Among Mumbai’s many affluent areas, Bandra West, specifically the Pali Hill region, has become the epicenter of real estate activity, offering a captivating blend of high-end residences, Bollywood glamour, and old-world charm.… Read more
