Real Estate News

How to Quickly Sell Your House in Mumbai: A Guide for 2024

Selling a house fast in Mumbai can be a challenging task, considering the dynamic real estate market and various factors influencing the process. Whether you’re relocating, downsizing, or simply looking for a quick sale, employing effective strategies is crucial. In this guide, we’ll explore the key factors that influence the Mumbai real estate market in 2024 and provide actionable tips on how to sell your house swiftly.… Read more

GST on rental: Everything you need to understand about the appropriate tax rate

The introduction of GST has had a considerable influence on the residential and commercial real estate industries. The rental market, like the financial market, is subject to the tax levy. Rental revenue from commercial units, for example, is subject to GST. Other regulations and exclusions of the new tax regime concerning rental properties are listed below.… Read more

Reselling vs. Fresh Booking: Benefits and Drawbacks

Buying a property is one of the most important financial decisions you can make. Whether you want to buy a newly built property (new bookings) or a property that has already been built (resale), both have their pros and cons. It all depends on your investment objectives, your budget, and your preferences. In this blog post, we will discuss the advantages and disadvantages of fresh bookings vs. resale properties so that you can make an educated decision about where to invest in real estate.… 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

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All You Need to Know About the Maid Visa Dubai

About 5% of UAE’s population are domestic workers and the demand for domestic workers is on the rise. According to a recent study, the total expenditure on domestic help in the UAE is around $3 billion per year. Hiring domestic help is considered a competitive advantage in Dubai and the rest of the UAE. Many families in the UAE have at least one maid working full-time. Some families have more than one maid. If you want to hire domestic help in UAE and get a maid visa, read our latest guide for the latest costs and requirements.… Read more

UAE Public Holidays for the Year 2024

It is important to know the public holidays in UAE. Some of them have fixed dates, while others may vary from year to year depending on many factors such as the moon’s position or because of the Hijri Calendar. Only the Islamic holidays are different as they are only based on the moon’s position. The rest stay on the same date. These are public holidays and private sector holidays. Everyone gets the day off in UAE. In this guide, we will cover the UAE public holidays in 2024 in detail.… Read more

Dubai Mortgages- What is the Maximum Amount You Can Borrow?

Are you looking to purchase property in Dubai and wondering how much you can borrow through a mortgage? We sat down with one of Mortgage Finder’s most experienced mortgage consultants, Mr. Brendan Kennelly, to help you get a full picture of your borrowing capacity when applying for a mortgage in Dubai. In today’s article, Mr. Kennelly will be discussing the different factors that affect your mortgage borrowing capacity in the UAE.… Read more

How to Register Your Tenancy Contract with Ejari in Dubai?

Have you found your ideal rental property? The first thing on your to-do list is to register your Ejari, which helps to protect and legalize your relationship with the landlord. Ejari translates to ‘My Rent’ in Arabic. But what is Ejari and how do you sign up for it? Ejari is a compulsory online registration system launched in 2007 by RERA for all tenancy contracts in Dubai. Ejari ensures that all private rental agreements are legally and legally structured in a government-approved format. It also officially records the approved rental price. Registering your Ejari is an important first step in establishing your DEWA for water and electricity.… Read more

Real estate in India to scale new heights in 2024: Experts

Thanks to policy reforms, buoyant consumer sentiment, increasing disposable income, and increasing demand for larger homes, India’s real estate sector experienced phenomenal growth in the year 2023, outperforming all previous years and setting new records. For example, according to Anarock, housing sales in the country’s top seven cities – including Mumbai, New Delhi, Pune, and NCR – reached a new high in 2023, with nearly 4.76 lakh housing units sold in 2023 compared to 3.64 lakh units in 2022 – a 31% year-on-year growth. New launches across the top seven cities increased by 25% in 2023, from around 3.57 lakh units in 2022 to around 4.45 lakh units in 2023.… Read more

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Late Payments, Big Impact: Home Loan EMI Fallout

If you are looking to purchase a home or are currently paying off a home loan, you need to be aware that you are taking on a long-term debt with 10 to 20-year repayment terms. For many of us, owning a home is a dream that is often made possible through a home loan. This tool sets us up to own a home, making it accessible and affordable. But what starts as a dream can quickly become a nightmare if you fail to make repayments on your home loan. A home loan is a practical and affordable way to finance residential property purchases. With a wide variety of loan products available to meet different needs in today’s market, choosing … Read more

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