Maharashtra to Launch 'One State, One Registration' Scheme: A Game-Changer for Property Registration The Maharashtra government is introducing the 'One State, One Registration' scheme by April 2025, making property registration more convenient for citizens. This initiative allows property owners to register documents at any sub-registrar office in the state, regardless of the property's location. What...
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Why Is My Property Losing Its Value? In real estate, your property's value isn’t just influenced by market conditions; there are other factors that can quietly erode its worth. Why Is My Property Losing Its Value? Understanding these elements is crucial to maintaining and even increasing property value for homeowners, investors.Here's a guide to spotting and tackling the culprits behind diminishing...
Why Grade-A Offices Are in High Demand in India India’s commercial real estate market is witnessing an unprecedented surge in demand for Grade-A offices, signalling a transformation in the way businesses approach workspaces. Why Grade-A Offices Are in High Demand in India is evident from the consistent shortfall of approximately 20 million sq. ft. annually, despite a significant supply of premium office...
Warm Shell Vs Bare Shell Property Which Is Better? If you're planning to buy a property, you've likely come across terms like Warm Shell and Bare Shell. These concepts are essential to understand as they determine how much work you'll need to put into the property after purchasing or renting. Here's a simple guide to help you decide which is right.What is a Bare Shell Property?A Bare Shell property is...
Everything You Need to Know About Pre-Leased Properties What Are Pre-Leased Properties?Pre-leased properties are real estate assets already rented to tenants at the time of purchase. In a bustling city like Mumbai, these properties are often leased by major corporations, retailers, or individuals. Examples include commercial offices, retail showrooms, and residential spaces. Investing in such...
TOP 4 Popular Residential Projects in JUHU Juhu is a sought-after suburb for Mumbai’s elite. Many of Mumbai’s top business families and celebrities call Juhu home. Due to the limited availability of properties for various reasons, Juhu is always in demand when exclusive projects come into the market.Here is a summary of residential projects that are setting new standards for opulent living in...
Can you buy a property in a Minor’s name? Let’s admit it! Indians love real estate. It is the ultimate dream for most, and many parents want to buy property in their children’s names to secure their future. Can a Minor sign the Registration Agreement? However, it is not as straightforward, and you must know the rules before you plan it. It is important to note that, as per the Indian Contract...
Is It a Good Idea to Buy a Home Near the Refuge Area? When considering purchasing a home in a high-rise apartment building, various factors come into play. One often overlooked yet crucial aspect is the location of the refuge area within the building. As per the National Building Code of India, a builder should mandatorily provide a refuge area in a high-rise building at every 7th floor or after 24...
Important things to check before you BUY A PROPERTY Buying a property is a big decision, and ensuring that the ownership is clear and legitimate is crucial. Here’s a step-by-step guide to help you verify property ownership before buying a RESALE property. 1. Registered Sale/Purchase AgreementsIt is important to ensure that the Seller has registered Agreements in place. If the Seller is not the 1st...
Can I Rent a Residential Property for Personal Use in My Company's Name to Save GST? GST on Renting Residential Property in a Company’s Name In recent years, many individuals have explored renting residential properties under their company’s name to reduce tax liabilities, particularly Goods and Services Tax. (GST). However, with the implementation of new rules and regulations, it’s important to...