What is a benami property?
A ‘benami’ property is one that is purchased in the name of a person, who is not the real beneficiary. The person, in whose name the property is purchased, is known as a ‘benamidar’. … READ FULL STORY
Legal
Celebrity Homes
Rakesh Jhunjhunwala house: Inside the business magnate’s sprawling Mumbai residence
Veteran stock market investor and businessman Rakesh Jhunjhwala passed away on August 14, 2022, at the age of 62. The business magnate was suffering from kidney ailments. For Indian billionaires like Rakesh Jhunjhwala, their … READ FULL STORY
Sponsored
Why it’s the best time to invest in Mulund’s commercial property?
Inflation is one of the most prominent financial risks that the entire world is currently witnessing and India is not untouched by this risk. It’s a difficult task in an inflationary market to get … READ FULL STORY
Property Trends
Embassy Services introduces ESG framework for real estate operations
Embassy Services Private Limited (ESPL), the property management subsidiary of Embassy Group, has announced a framework for Environmental, Social and Governance for Real Estate Operations (ESGRO). The new approach will help facilitate real estate … READ FULL STORY
Property Trends
Is real estate helping or hurting Indian manufacturing and ‘Make in India’?
The slow pace of manufacturing growth in India is often a subject of criticism. Many argue that in spite of reasonable buying power, resources, technological know-how and availability of funds, we are struggling to … READ FULL STORY
Legal
Power of Attorney Format: All you Need to Know
Non-residents living abroad have to appoint a representative who performs official tasks on their behalf. This whole process is formalised by drafting and executing of a power of attorney (PoA). The PoA is a … READ FULL STORY
Home Loans
LIC Housing Finance home loan interest rate
LIC Housing Finance (LIC HF) has increased its prime lending rates by 50 basis points, with effect from August 22, 2022. With the hike in rates, the home loan interest rate at the housing … READ FULL STORY
Home Loans
Home credit loan payment process
If you need money right away, a personal loan from Home Credit is the best option because it is simple to apply for. A personal loan’s proceeds may be used to pay for a … READ FULL STORY
Property Trends
Casagrand announces the launch of its children-themed housing project in Bangalore
Real estate developer Casagrand has announced the launch of its children-themed housing project, Casagrand Hazen, on Bannerghatta Road in Bangalore. The project is spread over nine acres of land and offers 622 units of … READ FULL STORY
Property Trends
Rising property prices and paperwork, buyers’ top concerns: Housing.com News poll
Rising prices and heavy paperwork are the top concerns for Indians planning to invest in property, shows an online poll conducted by Housing.com News. A total of 6,391 respondents participated in the two-week-long poll, … READ FULL STORY
Property Trends
Vastu Shastra tips for a rented home
Vastu Shastra, the ancient science of architecture, is about improving positive energies in a specific space. It applies equally, to homes owned by individuals, as well as rental houses. “Vastu Shastra principles, when applied … READ FULL STORY
Must Knows
Commencement Certificate: All you Need to Know
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
Property Trends
DDA plans to conduct mini draw of flats in September 2022 under special housing scheme 2021
The Delhi Development Authority (DDA) is planning to conduct a mini draw of flats in September 2022 for the waitlisted applicants under its special housing scheme 2021. The authority had launched a new housing … READ FULL STORY
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