Real Estate News

All about stamp duty in India

Stamp obligation is confirmation that an item has been sold both within and outside the buyer’s or seller’s call and is valid for six months. All illegal belongings transfers are subject to this tax. Stamp responsibility is required for several files.… Read more

Gram Panchayats in Karnataka can now approve building proposals.

The government issued an ordinance allowing gram panchayats to give building permits inside their boundaries. Following governor Thaawar Chand Gehlot’s approval, the Karnataka Municipalities (Amendment) Ordinance, 2002 was notified. This implies that residents in rural regions no longer have to go from pillar to post to obtain a building plan approved by municipal planning officials.… Read more

The Delhi Government Will Renovate Unoccupied EWS Apartments.

Three months after a block of EWS flats in Bawana fell due to deterioration, the Delhi government has chosen to restore them. To begin, the Delhi Urban Shelter Improvement Board (DUSIB), which is in charge of identifying eligible slum residents via surveys and initiating the allocation procedure, would rehabilitate around 2,000 similar homes in Dwarka Sector 16.… Read more

Verbal understanding cannot replace written builder-buyer agreement: Bombay HC

The Bombay High Court has ruled that a written agreement between a builder and a buyer cannot be substituted for the latter’s oral understanding.… Read more

Real estate may experience significant investments

The Reserve Bank of India’s (RBI) announcement of a 50-basis point (bps) increase in the policy rate – the second consecutive increase – is on track with the background of chronic inflation, global headwinds, and macroeconomic circumstances.” The prolonged rise in inflation, which reached 7.8 percent in April 2022, was caused by supply chain interruptions caused by the global geopolitical crisis. The RBI has been steadfast in its goal of mitigating the impact of inflation on financial growth by raising interest rates and gradually withdrawing liquidity.… Read more

DDA Housing
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DDA to offer 15,000 flats at old rates under the new housing scheme

The Delhi Development Authority (DDA) is all set to launch its new housing scheme that will offer approximately 15,000 flats in different categories at Dwarka, Narela, Rohini, and Jasola among other locations, according to the officials.Read more

CIDC NAINA HOUSING SCHEME
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CIDCO extends registration deadline for mass housing scheme to 10 March 2022

The City and Industrial Development Corporation (CIDCO), the Maharashtra government’s town planning authority, has recently granted an extension for the online registration of Mass Housing Scheme 2022 until March 10, 2022, based on multiple requests from the citizens.Read more

All About MHADA Lottery Thane

The Maharashtra Housing and Area Development Authority (MHADA) is another name for the Maharashtra Housing and Area Development Authority.Read more

What Are the Advantages and Disadvantages of Renting a Studio Apartment?

What Are the Advantages and Disadvantages of Renting a Studio Apartment?

A studio apartment, also known as a studio flat or a self-contained apartment, is an open room with one exact centre and rooms assigned to fulfil multiple tasks such as the kitchen, bedroom, and living room. A separate bathroom is usually included with a studio unit.… Read more

What exactly is a gated community?

The strain of rising requirements and time constraints have curtailed social engagement among city inhabitants in shifting settings. As a result, there is an urgent demand for residential spaces that not only assure a comfortable lifestyle but also reignite the ancient beauty of communal living. This has opened the way for gated communities, which are becoming increasingly popular in the Indian real estate market.… Read more

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