Vinita Menon is a content writer and social media manager with over three years of work experience, most of which has been in the Indian real estate industry. She writes research-based, long-form articles for real estate and travel websites and social media content for clients in varied industries, namely fashion and art.
Owners of residential properties in Kolkata, are liable to pay property tax to the Kolkata Municipal Corporation (KMC) every year. The municipality uses the funds collected as property tax, to provide important civic facilities … READ FULL STORY
Owners of residential properties in Pune, are liable to pay property tax every year to the Pune Municipal Corporation (PMC) or the Pimpri Chinchwad Municipal Corporation (PCMC), based on the location of their property. … READ FULL STORY
Owners of residential properties in Bengaluru are liable to pay property tax to the Bruhat Bengaluru Mahanagara Palike (BBMP) every year. The municipal body utilises these funds to provide civic facilities, like the maintenance … READ FULL STORY
Owners of residential properties in Delhi, are liable to pay MCD property tax to the Municipal Corporation of Delhi (MCD) every year. Based on the area/colony in which your property is located, you would … READ FULL STORY
A freehold property is one, where the owner/society/residents’ welfare association owns the building and the land that it stands on outright, in perpetuity. A freehold land is generally bought through an auction or lottery. … READ FULL STORY
With an intention to connect all Delhi Metro networks with each other, the Delhi Metro Rail Corporation (DMRC) planned the Pink Line corridor. The Pink Line is part of the Delhi Metro Phase III, … READ FULL STORY
One may often hear projects being described as ‘greenfield’ or ‘brownfield’, lading one to wonder what the basic difference between the two is. While we will talk at length about the nitty-gritty of this … READ FULL STORY
The owners of residential properties in Mumbai are liable to pay property tax to the Brihanmumbai Municipal Corporation (BMC) every year. With effect from January 1, 2019, property tax on residential units of up … READ FULL STORY
Owners of residential properties in Ahmedabad, are liable to pay property tax to the Amdavad Municipal Corporation (AMC) every year. The AMC has one of the more user-friendly and technologically advanced property tax payment … READ FULL STORY
In property transactions, one would invariably hear the term ‘conveyance deed’. Since this is not something one would have a clear understanding of, unless one has dealt with matters of property, it becomes important … READ FULL STORY
Of the many jargons that one would invariably come across in real estate transactions, are FAR and FSI. The two terms, which stand for one and the same thing, confuse many buyers, sometimes because … READ FULL STORY
An occupancy certificate (OC), issued by the local authorities, certifies that a building is fit for occupation and has been constructed as per the approved plan and in compliance with local laws. What … READ FULL STORY
A commencement certificate is a document from the local municipal authority that permits the developer to begin construction of the project. The commencement certificate (or CC) is usually granted, only after the developer has … READ FULL STORY
