When purchasing an apartment in India, one critical concept that buyers often encounter is the Undivided Share of Land (UDS). This pivotal aspect influences legal ownership, resale value, and future benefits. In this guide, we delve deep into UDS, offering insights on its significance, calculations, legal implications, and more. What is UDS in Real Estate? The Undivided Share of Land (UDS) refers to...
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has introduced a key regulation that mandates the inclusion of real estate agents' fees, including commissions and brokerage charges, in the model property sale agreement. This regulation results from consultations between MahaRERA and the National Association of Realtors (NAR)-India. Their partnership reflects a push for a professionalized and...
When navigating the real estate market, especially when purchasing an apartment or house, it's essential to understand the core concepts of carpet area, built-up area, and super built-up area. These measurements directly influence pricing, usability, and investment value, as they define the amount of space you’re paying for and using. Familiarizing yourself with these terms ensures that you make an...
The BRRRR investment strategy (Buy, Rehab, Rent, Refinance, and Repeat) is a popular method for real estate investors to build profitable property portfolios with minimal initial capital. Here’s an in-depth look at how this strategy is being adapted and applied in today's market It involves purchasing distressed or undervalued properties, renovating them to increase value, renting them out to...
The Noida Authority has introduced groundbreaking registration rules aimed at safeguarding homebuyers and enhancing transparency in property transactions. A tripartite "sale agreement" is now mandatory between the buyer, builder, and Noida Authority, solidified at the initial 10% deposit stage. This directive shifts the registration process from the end of the development cycle to the beginning, marking a...
The introduction of Goods and Services Tax (GST) in India has significantly streamlined the taxation process for the real estate sector, impacting both residential and commercial properties. The GST framework offers a more unified approach by replacing the multiple taxes that existed previously, including VAT, service tax, and various other levies. This article delves deeply into the various aspects of...
Studio apartments have rapidly gained traction in India’s urban centers, becoming a favored choice among young professionals, students, and first-time renters. These compact living spaces provide a cost-effective solution in cities where real estate prices are climbing. In this article, we will explore the essentials of studio apartments, their advantages, drawbacks, and why they may or may not be the...
The real estate industry is embracing technology at an unprecedented pace, transforming traditional practices and shaping the future of property buying, selling, and management. Here’s an in-depth look at the trends transforming the industry: 1. Artificial Intelligence (AI) and Machine Learning AI’s integration into real estate is a game-changer. It enables advanced property valuations,...
Mivan Construction Technology is a cutting-edge building technique that has transformed the construction industry, particularly in high-rise residential projects. Developed by a European construction company, Mivan Company Ltd. in early 1990s, this technology has gained significant popularity due to its efficiency, speed, and cost-effectiveness. It employs an aluminum formwork system that enables the...
Lucknow, the cultural and administrative capital of Uttar Pradesh, is rapidly emerging as a powerhouse in India’s real estate market. Traditionally known for its rich history, delectable Mughlai cuisine, and melodic Hindi dialect, Lucknow is now making waves as a top destination for real estate investments. The city’s real estate landscape has transformed dramatically over the past few years, driven...
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