Can you buy a property below its market value?
A property’s value is determined either by the circle rate or the market value. If you get a property whose price is less than the market value, should you go for it? While it … READ FULL STORY
A property’s value is determined either by the circle rate or the market value. If you get a property whose price is less than the market value, should you go for it? While it … READ FULL STORY
Every property has a basic minimum value. In India, this basic value of land and property is determined by state government, keeping in view several factors. This basic minimum value attached to properties is … READ FULL STORY
 What is guidance value? Guidance value is the minimum value that a specific area commands and is determined by the state government. Guidance value Bangalore is known by other names such as circle … READ FULL STORY
State governments in India fix a rate, below which properties cannot be registered in a particular location at the time of title transfer. This rate is known by various names, including guideline value, circle … READ FULL STORY
April 3, 2024: The district level committee (DLC) rate in Jaipur has been increased by 10% in Jaipur from April 1, 2024. With this, the registration and stamp duty charges of residential and commercial … READ FULL STORY
Those entering the real estate market would invariably hear about the term circle rate and its various other synonyms since real estate purchase transactions are based on this value. In this article we would … READ FULL STORY
When a property transaction takes place, in addition to the value of the property, there are added charges such as stamp duty and registration charges that one has to pay. What is stamp duty? … READ FULL STORY
The concept of fair market value is quite important under the income tax law in India. The buyer as well as the seller of a property will be impacted if the sale/purchase consideration as … READ FULL STORY
Stamp duty and registration fee are taxes homebuyers in India pay to state governments at the time of property registry. States have the authority to impose this tax. Consequently, they are responsible to increase … READ FULL STORY
Mira Road is a popular suburban locality on the Western Line of Mumbai. It is in the Thane district and falls under the jurisdiction of the Mira Bhayandar Municipal Corporation. See also: Ready reckoner … READ FULL STORY
The ready reckoner rates in Mumbai are the government-determined benchmarks, below which a property cannot be sold and registered in the state’s records. Even if the owner decides to sell the property at a … READ FULL STORY
Ghansoli, nestled in Navi Mumbai, India, sits along the Thane-Belapur Road, creating easy links to Thane, Vashi, and Panvel. It’s not just a residential spot; it’s a bustling industrial centre hosting big players like … READ FULL STORY
A popular residential and commercial locality in Bangalore, Indiranagar is located in the eastern part of Bangalore. This place is named after the former Indian Prime Minister, Indira Gandhi and is well-known for its commercial … READ FULL STORY