While transferring ownership of property in India, the buyer must pay stamp duty and registration fee to register the new owner’s name in official records. Payment of stamp duty is compulsory even when the … READ FULL STORY
In India, homebuyers must pay stamp duty at the time of property registration. Nearly 3-8% of the transaction value (exact rates depend on the state of residence), stamp duty significantly increases a homebuyer’s monetary … READ FULL STORY
Land possession certificate (LPC) is an important document that is issued when there are no ownership issues with respect to the land. This certificate has to be provided when an owner is selling his … READ FULL STORY
Buying a property is one of the top financial goals for many people. It comes with numerous benefits, including tax benefits and financial security in the long run. Purchasing a property is expensive and … READ FULL STORY
A common but serious problem faced by many resident welfare associations (RWAs) is the non-payment of the maintenance charges by members of the housing complex. As the name suggests, the housing society uses the … READ FULL STORY
Historically, real estate has been one of the preferred asset classes to park unaccounted money. Over time, numerous ways were invented to make the investment appear legal, including sale and purchase of property through … READ FULL STORY
The Pradhan Mantri Awas Yojana is the government’s flagship program that supports housing for all. What is PMAY-U 2.0? The PMAY-Urban is a credit linked subsidy scheme (CLSS) offered by the government under the … READ FULL STORY
In a bid to decongest traffic, improve connectivity and reduce travel time, Mumbai is on an infrastructure overhaul. In the last two years, Mumbai City has got new link roads such as the Mumbai … READ FULL STORY
The Encumbrance Certificate (EC) is a critical document that verifies the ownership of the property. This document highlights if the property is free of any litigation or has any liens or legal disputes attached, … READ FULL STORY
While investing in an under-construction project, of the many important details that a home-buyer should be aware of the Goods and Services Taxes (GST) that is levied. This is a tax that the home-buyer … READ FULL STORY
Buying a home is one of the most significant financial decisions for any individual, and delays in project completion can lead to immense stress, financial strain, and uncertainty for homebuyers. To address these concerns … READ FULL STORY
Most people have two main expectations when it comes to investments – the investments should be secure and grow so that their financial goals are met. The two major asset classes that stand out … READ FULL STORY
Presently, the city has four operational lines – Mumbai Metro 1, Mumbai Metro 2A, Mumbai Metro 3 Phase 1 and 2 and Mumbai Metro 7. Additionally, Phase 1 of the Navi Mumbai Metro is … READ FULL STORY
