By Abhay Shah, Realty Quarter It becomes difficult for a person to relocate to a new city in a rental flat. Apart from the rent price in a metropolitan city, there has been a situation where people can’t afford to pay for a rental deposit. People are getting an opportunity to make their career in […]
Get a security deposit loan for renting a flat.more
By Abhay Shah, Realty Quarter With the introduction of the Real Estate (Regulation and Development) Act (RERA), and several other policy initiatives such as the Benami Transactions Act and the government drive towards affordable homes, we can see more residential property market activity in larger cities. The favourable customer sentiment is particularly important after the dampener […]
Tips to buy a House with best ROI for a longer-term.more
By Abhay Shah, Realty Quarter The home loan lender requests you to send your income tax documents, such as copies of your income tax returns (ITR), in relation to your basic KYC papers (such as your proof of address and identity) and estate records (such as the chain of documents and land title deeds). […]
Benefits of submitting an ITR for availing a Home loan.more
By Abhay Shah, Realty Quarter Building the Bandra-Versova Sea Link will commence as soon as the Maharashtra State Road Development Corporation has appointed Reliance Infrastructure to build this 17.17-km route. At the price of Rs.7,000 crore, the sea link, which is three times the length of this Bandra-Worli sea link, will be built. The link […]
The development of Bandra- Versova sea link will begin soon – MSRDC.more
By Abhay Shah, Realty Quarter The property market doesn’t look like picking lost portions and the land still looks brittle. The Knight Frank India report shows that housing units sold (in Mumbai) have increased by 4% in the H1 2019 to 33,731 from 32,412 in the H1 2018 period, for the period January – June 2019, in eight […]
New projects growth declines from 220% to 20% – Mumbai.more
By Abhay Shah, Realty Quarter In the first half of 2019, property developers in India raised more money from primary markets than they rose in a decade. As from June, Prime Database reported that developers raised approximately Rs 10,023 crore from the primary markets via two qualified institutional placements (QIPs) and a real estate investment trust (REIT) […]
Realty companies choose primary market as their main source for raising capital.more
By Abhay Shah, Realty Quarter The law on document registration is provided in the Indian Registration Act. This Act offers for the registering of multiple papers, to guarantee retention of proof, fraud avoidance and title assurance. Law of Registration Act: According to Section 17 of the Registration Act 1908, all operations involving the sale of […]
Property registration law under the Indian Registration Act.more
By Abhay Shah, Realty Quarter The cost of the property while buying should be added to the charges, such as club Membership fees, car parking charges, electricity and water charges, maintenance fee, advance fee, etc., at the time of determining how much tax deduction should be made from the property at the moment of buying […]
The 2019 budget imposes TDS for parking charges, maintenance fees while purchasing a house.more
By Abhay Shah, Realty Quarter Under the new defunct Urban Land (Ceilings and Regulation) Act (ULCRA), builders will no longer have to surrender surplus land for public housing. On Tuesday, the Supreme Court approved the consent terms which was signed between the state government and the builder’s body, Maharashtra Chamber of Housing Industry. The agreement says that builders can now […]
Government of Maharashtra says that builders do not need to give excess land – SC Approves.more
By- Mr Neh Srivastava Under Secretary, Ministry of Home Affairs and President, CSSOS With elections done and dusted, the Central Board of Indirect Taxes and Customs (CBIC) is moving ahead with its plan to implement its 12 per cent GST order on balance amount due to the builders. As per the order, Home buyers who have been granted completion […]
New tax regime for buyers with completion certificate; flexibility to opt for lower GST sans ITCmore