The Pimpri-Chinchwad Municipal Corporation (PCMC) is counted as one of the richest civic bodies, owing to a large number of multi-national manufacturing units that are functional in the area. The area has also gained … READ FULL STORY
A new property owner or land buyer has to follow several procedures, to obtain complete legal ownership of the immovable asset. Property mutation or land mutation, is one such step. In this article, we … READ FULL STORY
As the purchase of a property involves a large amount of money, home buyers need to undertake a thorough analysis, to avoid a wrong decision. This analysis should not only involve the cost of … READ FULL STORY
When you buy a home, there are several taxes that the purchaser has to pay. While stamp duty and registration are one-time charges, the property tax is a recurring charge that the owner has to … READ FULL STORY
Owners of residential properties in Delhi, are liable to pay property tax to the Municipal Corporation of Delhi (MCD) every year. Based on the area/colony in which your property is located, you would need … 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
Property investments are highly capital intensive, and any mistakes made during the process can cause a great deal of trouble to the buyer. This makes it imperative for a buyer to exercise due caution while … READ FULL STORY
Investment in real estate, especially residential properties, is quite popular amongst the investors. However, the benefit and opportunities available for investments in commercial spaces, could be far more significant than residential properties. Rental yields … READ FULL STORY
The AAP government in Delhi, on December 18, 2019, said that it had decided to raise the circle rate of agricultural land from the current Rs 53 lakhs per acre to Rs 2.25 crores-Rs … READ FULL STORY
Presenting the budget proposals in the North Delhi Municipal Corporation (NDMC) house meeting, commissioner Varsha Joshi, on November 18, 2019, announced a ‘nominal’ rise in property taxes, across various categories of residential colonies. The … READ FULL STORY
A Supreme Court bench of justices Deepak Gupta and Aniruddha Bose, on October 24, 2019, said: “It will be obligatory for all municipal corporations in the state of Maharashtra, where the population is 50 … READ FULL STORY
There are a lot of terms and jargons that are specific to any industry or sector and so is the case with real estate. There are a number of jargons in the commercial real … READ FULL STORY
Update on July 23, 2019: GST on maintenance charges to be 18% for flat owners paying over Rs 7,500 Flat owners will have to pay GST at 18%, if their monthly contribution to the … READ FULL STORY
