Stamp duty rates are usually calculated on the higher value between the Ready Reckoner rate and the value of property prescribed in the buyer-seller agreement. Stamp duty charges in India vary from State to State. In Maharashtra, the stamp duty on the property varies within...
Planning to buy a property? Well, get ready for a major paperwork as the process involves providing (to authorities and the bank in case you are taking a home loan) and acquiring several documents (this ensures your ownership over the property). For most people, buying...
BHK stands for bedroom, hall and kitchen. It is used to convey the number of rooms in a property. For example, a 2BHK means that the particular property has two bedrooms, one hall and a kitchen. A 3BHK unit means there are three bedrooms, a...
For most people, owning a house is not just a cherished dream but is also a long-term financial commitment. Homebuyers today are almost overwhelmed by the huge variety of properties that lie at their disposal. Property investments are highly capital intensive and any mistake made...
Amenities play a major role in choosing of a property, they act as a sort of de-stress centres and helps you unwind from the hectic life you have been programmed to live. It offers a quality of living and helps bring a faction of community...
Owning a home is a satisfying feeling. For home buyers in India, a home is more than brick and mortar – it is an asset where they invest not just financially but also emotionally. Home means an enjoyable, happy place where you can live, laugh...
The fair market value of a Real Estate property is the value that a property would fetch if it was to be sold in the real estate market. The fair market value of a property must meet the following conditions: 1) The buyer or seller of...
Price appreciation in real estate refers to the increase in the value of a real estate property over a period of time. One of the goals of investing in real estate is to get a positive return on the investment when the investor decides to...
CIBIL is a credit information database and does partake in any kind of lending decisions. It provides data to the banks and other lenders to quickly and efficiently filter the loan applications which they receive in the course of their business....
Carpet area as defined by RERA is the net usable floor area of an apartment, excluding the area covered by the external walls, areas under services shafts, exclusive balcony or verandah area and exclusive open terrace area, but includes the area covered by the internal...