All About the Depreciation of Property!

Depreciation is the gradual decline in an asset’s value brought on by damage, obsolescence, or other circumstances. Property depreciation is a decrease in value brought on by these elements. Depreciation of property in India has a big impact on taxpayers since it changes their taxable income and how much tax they have to pay.

OSR Land Rules in Tamil Nadu

Open Space Reservation (OSR) land plays a crucial role in urban planning, ensuring that cities have adequate green spaces and amenities for the well-being of residents. In the context of Tamil Nadu, understanding the rules and regulations governing OSR land is essential for developers, policymakers, and the general public. This in-depth guide explores the intricacies […]

What is BU and why is it important?

BU is typically the most used term in the domain of land and property construction as well as utilization. It is essentially a permit and stands for the ‘Building Usage Permission’ that is authorized by local regulatory associations. Its prime purpose is to regulate the optimization and apt utilization of every land or property in […]

Best Residential areas to live in Chennai: Exploring the Chennai Neighborhoods

Chennai, known for its rich cultural heritage and modern amenities, offers diverse residential options suitable for different lifestyles. Whether you prefer the upscale neighborhoods of Alwarpet and Nungambakkam or the IT hubs like Sholinganallur and Porur, the city caters to various preferences. From excellent connectivity and infrastructure to proximity to schools, hospitals, and entertainment hubs, […]

Pune’s Old Wadas: A Treasure Trove of Culture and Architecture!

The wada is a traditional Indian house found mainly in Maharashtra. The word “wada” is derived from the Sanskrit word “vastu,” which means a dwelling or a house. The wadas were built during the Maratha Empire, which ruled over large parts of India from the 17th to the 19th century.

Renting a commercial property for ATM Installation: A Complete Guide

The requirement for ATMs across urban centers increases as the population & financial inclusion grow. If you have a commercial property, you can get profitable returns on your investment by leasing your property to banks for ATM installation. Generally, when a bank needs rental space, that specific bank publishes the advertisement with the property requirements […]

Know All About Khatian Number In India

All land parcels in India have documents that exhibit ownership, property rights, and usage. It is similar to how we have documents showing our credibility, nationality, and voting rights. This set of documents is called Record of Rights (RoR) or Khatian. 

What Is R-Zone In Maharashtra?

The term R-zone is used for residential plots available in the urban and rural areas for purpose of construction.

Chota Nagpur Tenancy – CNT Act

The Chota Nagpur Tenancy -CNT Act, 1908, is a land rights statute that was enacted with the help of the British to protect the land rights of Jharkhand’s tribal population. The CNT Act is notable for prohibiting the transfer of land to non-tribals to ensure network ownership. Within the CNT Act’s authority are the divisions […]

Turnkey project meaning explained: What is turnkey contract and examples

Big infrastructure initiatives are often created using a combination of approaches. Turnkey project development is one of these ways. In this essay, we go over all you need to know regarding turnkey projects.

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