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...
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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...
HOMEOWNERS, Do You Know About RENTAL PROPERTY INSURANCE? Renting out property is one of the best ways to generate passive income while your asset appreciates over time. But how can you ensure that this steady stream of rental income continues without disruptions? The answer lies in Rental Property Insurance (RPI). What is Rental Property Insurance? Rental Property Insurance, also known as landlord...
Why Redevelopment is Booming in Mumbai: A Rising Trend in Real Estate Mumbai, the city of dreams, is witnessing a surge in redevelopment projects. With limited land availability, aging infrastructure, and growing population demands, redevelopment has become the need of the hour. Here's why redevelopment is booming in Mumbai and reshaping the city's real estate landscape: 1. Limited Land...
How to File a Complaint with MahaRERA for Incomplete Projects and Unfulfilled Promises If you have invested in a real estate project and are facing delays in building completion or not receiving promised amenities, you have the right to file a complaint with the Maharashtra Real Estate Regulatory Authority (MahaRERA). This guide will walk you through the process in a simple way. What is...
How to Choose the Right Location for Property Investment When it comes to property investment, choosing the right location is paramount. The location of a property often dictates its potential for appreciation, rental yield, and overall demand. Whether you're an experienced investor or just starting, understanding the key factors that make a location ideal is crucial. Here’s a comprehensive guide to...
India’s real estate market has become a prime investment destination for Non-Resident Indians (NRIs) in 2024, offering a blend of economic stability, lucrative growth prospects,
When buying property, many people believe that approaching the builder directly can negotiate a better deal and secure an additional discount since no broker is involved.
When you’re selling a home knowledge is power. The more informed you are, the better your decisions will be.