The registration of five affordable housing projects by Mahira Infratech Pvt Ltd was withdrawn by the Haryana Real Estate Regulatory Authority (RERA) in a historic judgment that signaled stringent implementation of the RERA Act. The authority’s dedication to upholding moral and legal norms in the real estate industry is demonstrated by its actions.… Read more
How do I Check RERA Details of the Project?
Tags: IndiaReal EstateRERA
In the fast-paced world of real estate investment, ensuring the legitimacy and reliability of a project is paramount. With the implementation of the Real Estate Regulatory Authority (RERA) in many countries, including India, buyers now have a powerful tool at their disposal to safeguard their interests. But how exactly do you check RERA details of a project? Let’s dive into the process step by step.… Read more
What you should know about the MCG water bill?
MCG refers to the Municipal Corporation of Gurugram, which is in charge of Water Bill Gurugram. This corporation is in charge of delivering clean and fresh water to its citizens. MCG obtains water taxes in exchange for this service. The water bill is created monthly, and payments may now be made online at Recharge1.… Read more
Everything About 7/12 Thane
Property purchases are among the most important decisions you will ever make, and the process involves many legalities and administrative tasks to ensure that the asset is free from legal action and criminal claims. The 7/12 Extract is one of the documents required to buy property in Maharashtra, and it is an extract from the land statistics register kept by the Revenue Department of the Government of Maharashtra. When investing in plots inside rural or semi-rural regions, this report is necessary. Due to the government’s decision to forgo its use in Maharashtra’s urban regions, which include suburban numbers, the report is only crucial when land areas lack any city survey counts.… Read more
Know all about different types of concrete and grades used in construction!
Tags: Real Estate
The minimal strength that concrete should have after 28 days of construction with good quality control is known as concrete quality. The prefix M is placed in front of the required MPa strength and denotes concrete quality. For instance, a 20 MPa concrete grade is designated as M20, where M stands for Mix. These concrete kinds are transformed into various mixing ratios. For M20 concrete, for instance, the concrete: Sand: Coarse Aggregate mixing ratio would be 1:1.5:3.… Read more
Mumbai BDD chawl redevelopment to start in phases
What exactly are Chawls?
A chawl, which is popular in Maharashtra, is a one- or two-room flat with a long hallway and shared bathrooms and toilets with other renters. Its design is that housing units are on both flanks of the passageway, with a massive outdoor plaza in the center.… Read more
CERSAI (Central Registry of Securitisation Asset Reconstruction and Security Interest of India): All homebuyers need to know
Tags: Real Estate
The CERSAI was established in 2011 to keep track of statistics on lending transactions including equitable mortgages in India.… Read more
All about External Development Charges!
Real estate developers in Haryana owe close to Rs 21,679 crore in additional development costs (EDC) and infrastructure upgrading fees (IDC). This amount is the 15 percent yearly penalty that those developers have accrued on top of the actual fee as a result of their inability to pay the bill on time. In actuality, at the EDC, about 80% of arrears are considered a penal hobby, and at the IDC, the percentage has exceeded 100%.… Read more
How to pay property tax to LMC for the Lucknow House Tax (2023)?
Tags: Real Estate
Every property owner, including those in Lucknow, is required by law to pay property taxes. The Lucknow Municipal Corporation (LMC) levies a home tax on all houses that fall within its purview to raise money for the upkeep and development of the city’s services and infrastructure. It’s important to comprehend how to pay home tax to LMC if you own property in Lucknow. Identifying the property’s tax assessment is the first step in paying property tax. LMC evaluates features in light of elements including location, size, and use. The assessment establishes the property’s yearly worth, which is used to calculate taxes. The Property Tax Assessment Slip, which LMC provides as a property tax bill and includes the specifics of the … Read more
The Ultimate Guide to Maharashtra’s Ready Reckoner Rate 2023: All the Facts You Need!
Tags: Real Estate
New ready reckoner rates will be in effect in Maharashtra as of April 1, 2023. Before then, Maharashtra had a double increase in property registration. On March 28, around 18,538 properties were registered throughout the state; on March 29, 20,000 properties were registered. Daily property registrations range from 8000 to 9000 on a regular day. … Read more
