Model Tenancy Act is Approved by the Union Cabinet
The Union Cabinet, on June 2, 2021, approved the Model Tenancy Act, in a move that is likely to revive India’s rental housing market by initiating a multitude of reforms. The government issued a statement that said, “The Model Tenancy Act aims at creating a vibrant, sustainable and inclusive rental housing market in the country….
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Why Should You Choose to Live in a Housing Complex During the Covid Pandemic?
Are there really a lot of advantages of living in a housing complex these days? Is there better safety? Does the community and the infrastructure help to live a more fulfilling life? Sambit Roy lives in a gated community with his beautiful wife Sreetama and their 7-year-old daughter Rini. They really think that living in…
What are the Locational Factors that Impact Property Prices
Property prices in any city depend on a plethora of factors. It’s the various parameters of a location that determines property prices to a great extent. Any community grows on the back of a neighbourhood where any property is situated. Be it your child’s growth or family’s safety, this community plays a big role in…
What are the Pros and Cons of Buying a Flat vs a Bungalow
Sanchita always had a dream. A dream of her own home. A well-decorated home, a piece of heaven of her own, without the prying eyes and ears of the ‘next door’ neighbours. She was born and brought up in Jamshedpur where the ubiquitous apartments did not make their marks in her childhood. She lived in…
Hyderabad Property Market is Upbeat, Buyers Seeking Bigger Homes
Hyderabad property market is on overdrive these days as buyers are seeking high-value, bigger homes in the locations of choice. As we go through our report of July-December 2020, we are pleasantly surprised to unearth certain findings. Among other inferences, it is quite interesting to watch robust demand for homes in so-called posh localities. In…
Homebuyers Hunting for Value, Kolkata Property Market is Upbeat
Kolkata property market is upbeat as it convincingly came out of the slowdown in the last 6 months. Homebuyers have returned aggressively with a huge demand for value. The interest to book new homes, taking advantage of an extremely conducive environment to do so, has seen a huge uptick. Property sale figures currently are even…
Why Property Mutation is Important after a Property is Transferred?
Once an immovable property is transferred, whether by sale, gift, or inheritance, it is vitally important to record the change of title and ownership with the land department of the State because the mutation is prima facie proof of possession. In the case of apartments, the mutation is important to fix property tax liability and…
Budget 2021 — Incentives for the Affordable Housing Sector
Union Budget 2021-22 was an unprecedented one, considering the unusual time when it was presented. While many other nations are still fighting the economic aftermath of the pandemic and the second wave of infections, India obviously has overcome our worst fears. The economy is up and running now and pleasant indicators are coming up regularly….
What You Can Expect from the Property Market in 2021
Indian realty sector has witnessed tumultuous events in recent years. However, the sector showed huge resilience by adjusting to the policy changes such as demonetization, GST introduction, RERA/HIRA compliance and came out stronger. We foresee an improved working of the realty sector in the future which will tremendously help the homebuyers. In fact, we expect…