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Realty
GST council approves new tax rates for realty sector
The GST Council on Tuesday decided the rules for the implementation of the tax changes decided to be imposed from 1st April 2019.
6 years ago
1 min read
Property Review of Northern Lights in Thane
Shapoorji Pallonji's Northern Lights is the developer's maiden venture into Thane's residential market.
6 years ago
2 min read
Piramal Realty - Developer Review, Projects & Key Insights
The developer's construction style celebrates nature, greenery, space, light, ventilation, art, culture and community living.
6 years ago
1 min read
Private equity investments in Indian real estate increase; what it means for you
Knight Frank reports about the increase in private equity investments in Indian real estate sector during January-June 2018.
6 years ago
read
New office hubs boost residential markets in India
Navi Mumbai is coming up as a promising commercial hub and a popular residential real estate market.
6 years ago
1 min read
Pocketing of Aamby Valley land as nobody ready to buy it all
The Supreme Court had given its verdict to dissolve of the Aamby Valley land in August 2017 with the official liquidator. The SC refused to consider the beleaguered plea of Sahara Group to delay the auction of the lush and plush property on the ghats.
7 years ago
1 min read
Acre Term Meaning in Real Estate - Guide
An imperial unit of measuring area, an acre equals to approximately 4,047 m2, 1/640 of a square mile, and 43,560 square feet.
7 years ago
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NA Term Meaning in Real Estate - Guide
Non-Agricultural land (NA) is only where it is permissible to develop a residential/commercial/governmental structure.
7 years ago
read
Possession Term Meaning in Real Estate - Guide
Acquiring the ownership of the payments and settlement of all the dues.
7 years ago
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Power of Attorney Term Meaning in Real Estate - Guide
The right to represent another person in particular legal or financial matters.
7 years ago
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Condominium: Meaning, Implications & Legal Ways to Handle it
A residential complex which is a collection of several individual housing units, owned separately by their respective owners. The legal embodiment of a condominium is called a cooperative housing society.
7 years ago
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BHK Term Meaning in Real Estate - Guide
BHK is a colloquial Indian property market terminology for the apartment housing meaning Bedroom-Hall-Kitchen.
7 years ago
read
Square Foot Term Meaning in Real Estate - Guide
This calculation is often used in the Indian property markets and is an imperial unit of measurement. It is an area derived from multiplication of twelve inches of length with twelve inches in width.
7 years ago
read
Ready Reckoner Rate Term Meaning in Real Estate - Guide
Commonly known is Government or Registration rates, these are the rates analysed and published by the local or state government for the classification of the property market and collection of the stamp duty.
7 years ago
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Market Value Term Meaning in Real Estate - Guide
“the fair market value is linked to the “price” the property would ordinarily fetch in the open market; i.e., the price a willing Purchaser would pay to the willing seller for a property, having due regard to its existing condition, existing advantages and its potential possibilities when laid out in its most advantageous manner.”
7 years ago
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Marble Flooring Term Meaning in Real Estate - Guide
Considered unique to the housing of the Indian Subcontinent, marble flooring defines a flair of sophistication in traditional or modern housing. Marbles are crystallised metamorphic rocks which promise a lustre when polished, hence the glossy finish on the marble flooring.
7 years ago
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Vitrified Tiles Term Meaning in Real Estate - Guide
Vitrified tile is a ceramic tile with near no-porosity. Compared to marble and solid stone flooring they are cheaper and more durable. There are four types of Vitrified tiles - Soluble salt, Double charge, Full Body, Glazed. Vitrified tiles are often used outdoors in heavy footfall areas because of their water and frost repellence.
7 years ago
read
Sale's Agreement Term Meaning in Real Estate - Guide
Sales or Purchase Agreement (SPA) is a documented proof of the agreement and the intention of both the parties to execute a particular real-estate transaction. This agreement acts as a foundation for the sale deed.
7 years ago
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