Several individuals bought an apartment or a small property at a rate of Rs 3500 per sq ft located at the SG or Sarkhej Gandhinagar Highway situated in Ahemdabad, in 2011. At that time there were many who laughed and joked about such individuals because of their real estate investment decision. This is because people thought that it would be one of the biggest blunders of their life to invest in s...
Introduction Having a property is like a dream come true. But when it comes to its skyrocketing prices, most of the individuals have to model to plenty of loans ranging from bridge loans to plot loans in order to purchase land or the property of their dreams. In spite of owning the property of our choice is the not end of expenditure. A key expense to be cognizant at the time of buying a property ...
Buying a property is no less than a dream come true occasion, especially, when it’s your first one. The importance of buying a property is similar to that of getting it named. While Indian property registration can sometimes be tricky, but the easiest way is to follow the procedure. This procedure is certainly time-consuming and complex, as various documents and procedures are prescribed to ...
Article by Vikas Sharma Real Estate Regulation (and Development) Act, 2016, or RERA was introduced by the Indian National Congress in 2013. The full form of RERA is the Real Estate Regulatory Authority that aims at the protection of home purchasers and sellers and boosting the real estate investments. On March 10, 2016, the bill of this Parliament of India Act was passed by the Rajya Sabha (Upper ...
Actually, the assured return is greed in real estate. Assured return is given in those immovable properties/projects which are difficult to sell
The buyer of Immovable property (Ready to move or under construction) of Rs 50 lakhs or more has to pay the 1% TDS as a tax to the government of India. The government of India has made mandatory TDS deduction for the buyer if the immovable property is of INR RS 50 lakh or more. The buyer can cut TDS by 1% of the total deal value of the property before paying the property price to the seller. Later...
For a property buyer (residential or commercial) it is necessary to understand the all legal ownership documents. There are two types of property transactions in India: Direct allotment and resale property. There are two types of property resale (1) Resale of the under-construction flat / plot/house/floor/shop/office space. (2) Resale of the ready to move in flat / plot/house/floor/shop/office spa...
Property buying is a major step in life. For our readers, knowledge/requirement here we come up with a list of necessary Documents required at the time of property registration. All original Documents of Property, like Allotment letter, registry papers complete chain. Agreement to Sell. Proof of payments, like Photocopy of Cheque or bank statement. NOC from RWA. NO Dues certificate from Bank, ...