Despite All the benefits offered by community living, property buyers still like the idea of having an independent home on a parcel of land that they call their own. As the cities are saturated, this has become nearly impossible in cities. So, most buyers turn to the outskirts of the cities to fulfill their desire to build large and spacious homes. A scarcity of land in cities, rising prices, and prospects often motivate buyers to invest in gram panchayat land. However, such investment requires converting the agricultural land into non-agricultural land by paying a nominal conversion fee to the government. This article will illustrate everything you need to know about Gram Panchayat land. … Read more
From Farm to House: Understanding Agricultural Land Conversion to Residential Use!
Tags: Real EstateRealty Guide
Agricultural land conversion refers to the process of changing the use of agricultural land to non-agricultural uses, such as residential, commercial, or industrial purposes. The conversion of agricultural land to residential land is a topic of much debate and controversy in many parts of the world due to its potential impact on the environment, food security, and the local economy. Here is some information about the conversion of agricultural land to residential use:… Read more
What is the difference between de facto and de jure possession?
Tags: IndiaReal Estate
The two most commonly used words in real estate are de facto and de jure possession. De facto refers to physical custody of property, whereas de jure refers to legal possession of an immovable item independent of physical possession.… Read more
Best sectors to invest in Gurgaon
Due to the anticipated connection via the Dwarka Expressway, Gurgaon is now seeing a surge in demand from local clients and purchasers. The prospect of fee upward surge and capital returns has given way to this soon-to-be operational infrastructure. Furthermore, because Gurgaon is a major employment hub in north India, it attracts a highly qualified and knowledgeable workforce from all over the country. This has prompted purchasers to invest in the real estate sector to receive enticing condominium returns. Similarly, NRI consumers are looking for asset options in Gurgaon, as the city offers high-quality buildings from a variety of well-known developer names.… Read more
Leading Areas To Invest in Gurgaon
While connection, affordability, and facilities are important concerns for purchasers when purchasing a property, investors also examine the scope of returns on their investments. In this blog we have analysed the rental yield and price gains in several Gurgaon neighbourhoods over the previous three years, and these sectors identified as the best places to invest in Gurgaon.… Read more
Proposals for Over 22,000 Homes and 150 Projects in Broadway Plan Area
Tags: Real Estate
The Broadway Plan, a visionary urban development strategy approved two years ago, is reshaping Vancouver’s skyline and residential makeup. As we approach its second anniversary, the plan’s ambitious scope is becoming increasingly apparent, with over 22,000 homes proposed
across 150 projects, igniting a transformation that positions Metro Vancouver for a dynamic future.… Read more
Maharashtra’s Game-Changing Initiative: Multiple Bank Accounts for Real Estate Developers
Tags: IndiaReal Estate
Maharashtra is setting new standards in the real estate sector with the Maharashtra Real Estate Regulatory Authority (MahaRERA) proposing an innovative requirement for developers: the establishment of three separate bank accounts for project registration. This pioneering move aims to enhance transparency, accountability, and financial discipline, safeguarding the interests of both consumers and stakeholders in the real estate domain.… Read more
Things to Remember to Avoid the Sale of Disputed Property in India
Tags: LegalReal Estate
In India, where property disputes frequently arise due to various complications such as illegal possession, disagreements among co-owners, or unclear title deeds, safeguarding real estate from unlawful sale becomes paramount. The legal framework surrounding the sale of disputed properties is intricate, demanding thorough vigilance and proactive measures from property owners to prevent unauthorized transactions. This blog explores effective strategies to prevent the sale of disputed property without your consent and highlights the legal remedies available.… Read more
Understanding Rental Income Taxation and Allowable Deductions
Tags: Real EstateTax Guide
In India, the taxation of rental income is a topic that often confuses landlords and property owners. Given the variety of rules and the recent legal changes, understanding how rental income is taxed under the Indian Income Tax Act is crucial for anyone involved in leasing property. This
blog explores the calculation of income tax on rental income, applicable deductions, recent legal rulings, and practical advice for property owners.… Read more
