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.
Tag Archives: Real Estate
OSR Land Rules in Tamil Nadu
Tags: Real EstateRealty Guide
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?
Tags: Real Estate
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 […]
Things you need to keep in mind before buying Gram Panchayat Land
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 […]
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 […]
Gram Panchayat vs. HMDA: Which one is better for buying plots in Hyderabad?
Tags: HyderabadReal Estate
Are you thinking of purchasing property in Telangana? You should be aware of land parcels governed by Gram Panchayat (GP), and Hyderabad Metropolitan Development Authority (HMDA).
Panvel vs Taloja: Where to Invest in 2024?
Tags: PanvelReal EstateTaloja
Panvel and Taloja, both promising real estate destinations, offer unique advantages and challenges for property buyers. In this comprehensive guide, we delve into the intricacies of both locations to help you determine the ideal investment destination in 2024.
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 […]
