The Pune Corporation will levy a property tax depending on facilities.

What exactly is Capital Property Tax? Capital Property Tax is a tax charged based on the amenities and price of a property or apartment. In other words, the greater the tax, the more opulent the amenities. While additional information on this arrangement and when it will be implemented is required, it is known that it […]

Properties of Warm Shell vs. Bare Shell

Practically all of us want to one day own the home of our dreams. Nevertheless, tastes may differ. While some of us may opt for a ready-to-move-in house since further delay is out of the idea, others may wish to personalise it. All purchasers’ demands are met by the real estate sector. Nevertheless, before you […]

Price of MHADA Konkan’s Balkum Housing Scheme apartments has risen by 40%.

The MHADA Konkan board has raised the price of readymade houses in Balkum, Thane that were part of the MHADA lottery 2018 by up to Rs 16 lakh for lottery winners. There were 197 homes in the Balkum housing complex. In addition to the 125 lottery winners, 69 special scheme recipients were also included in […]

Know the laws and circumstances before purchasing property in the name of a minor

A property transaction is only feasible if the buyer is over the age of 18. He is required to sign the contract and deeds. According to the Indian Majority Act of 1875 and the Indian Contract Act of 1872, a minor under the age of 18 is not permitted to sign any instrument relating to […]

There are eight reasons for contesting a will.

A Will is a written legal document that outlines the terms of property inheritance by legal heirs, along with the distribution of shares among the beneficiaries. While it is not required, it is recommended that the document be registered under the Indian Registration Act to enhance it as strong legal proof.

Delhi-Meerut RRTS has received Transit-Oriented Development clearance.

The government of Uttar Pradesh (UP) has allowed Transit Oriented Development (TOD) within two kilometres of the Delhi-Meerut Regional Rapid Transit System (RRTS). The 82-kilometre-long corridor from Sarai Kale Khan in Delhi to Modipuram passes through Ghaziabad and Meerut in Uttar Pradesh. The proposal will help developers to choose a higher FAR and stimulate vertical […]

MahaRERA eliminates penalty fees for booking cancellations.

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has given homebuyers grounds to rejoice by revising penalty amounts for cancelling a booking. The cap has been established at 2% of the entire cost of the unit price, which will be subtracted before the booking payment is refunded. Continue reading to learn about the new fees!

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