To bolster homebuyer protection, the Noida Authority has introduced a new rule requiring a tripartite “sale agreement” between the builder, buyer and the Authority. This agreement must be registered as soon as the buyer … READ FULL STORY
The real estate market has long faced challenges with land acquisition and property registration. The new e-registration system introduced by the government is a significant step forward, designed to simplify and modernise the process. … READ FULL STORY
Mumbai, August 30, 2024: In its recent study on the property registrations in Mumbai (MMR), Knight Frank India cited that the share of overall property registrations by buyers of aged 61+ surged 204%, increasing … READ FULL STORY
August 14, 2024: Knight Frank India, in its latest assessment stated that Pune witnessed property sale registration of 13,314 properties in July 2024, a 25% increase over the same time previous year. Stamp duty … READ FULL STORY
Launched in June 2017, the National Generic Document Registration System (NGDRS) by the Punjab government, in collaboration with the central government, allows property buyers to partially complete the registration process online. This user-friendly system … READ FULL STORY
July 1, 2024: Mumbai recorded approximately 11,443 property registrations in June 2024, contributing over Rs 986 crore to the state exchequer, mentioned a Knight Frank report. Compared to the same period last year, property … READ FULL STORY
If you are considering purchasing property in Kolkata, it is essential to understand the registration process under the Registration Act. Stamp duty payment and registration charges are crucial components of this procedure. Property buyers … READ FULL STORY
June 18, 2024: Starting August 1, 2024, the Telangana state government will revise market value of lands in the state across different categories. According to media reports, the Telangana IGRS have issued guidelines to … READ FULL STORY
In India, when purchasing a property, one must complete the property registration process with the relevant authority. This is essential to document the change of ownership in government records. Property registration is done at … READ FULL STORY
May 9, 2024: The Greater Noida Industrial Development Authority (GNIDA) on May 8, 2024, convened a meeting with real estate developers affiliated with the industry body CREDAI, urging prompt settlement of dues and expeditious … READ FULL STORY
Faridabad is increasingly popular among homebuyers due to its wide range of housing options, excellent connectivity, and reasonable circle rates. Prospective buyers should note that according to the Registration Act, stamp duty and registration … READ FULL STORY
The Municipal Corporation of Gurugram has made is compulsory for all property owners to self-certify property to execute sale, purchase, lease or rent registrations at the revenue department office. Additionally, the MCG has also … READ FULL STORY
April 2, 2024: The Noida Authority has granted permission for the registry of a total of 13,639 apartments, as 35 housing project developers have agreed to clear their financial dues, according to media reports. … READ FULL STORY
