Buying a home is a top priority for most middle-class families. In a city, the most preferred choices when it comes to a home are apartments followed by rowhouses and villas. When you decide to buy a home, you normally have the option to choose an under-construction apartment or a ready-to-move-in one. What exactly is […]

A completion certificate (CC) is a legal document given to a housing project once it is finished according to an approved building plan. The relevant authorities issue it after inspecting the site and reviewing all the paperwork. These certificates are essential because they assure potential buyers, tenants, lenders, and insurance companies that the building is […]

From the different types of property tax to the factors that influence your tax liability, let us embark on this informative journey of property taxes in India – empowering you to take informed decisions and ensure compliance with the law. Property tax in India refers to the direct taxes imposed by local municipal authorities or […]

Floor area ratio, also known as FAR, is a widely used term in real estate. Foor area ratio is the ratio of a building’s total usable area and the total land area upon which the building stands. The FAR of a particular region is determined by the local municipal corporation. Floor area ratio – a […]

The RERA bill was passed by the Rajya Sabha on 10th March, 2016 and by the Lok Sabha on 15th March 2016. It was effective from 1st May, 2016. This bill aims to protect buyers and boost real estate investment. The Real Estate (Regulation and Development) Act of 2016, commonly known as the RERA Act, […]

An occupancy certificate (OC), sometimes referred to as certificate of occupancy, is issued by the local authority to the builder. The certificate guarantees that the building is made in compliance with the norms prescribed and is safe for occupancy. An occupancy certificate is a crucial document that is issued to the builder / developer by […]

The Interest-Free Maintenance System in real estate is when property developers offer interest-free financing for necessary repairs and maintenance to potential buyers or tenants. This makes the property more attractive and ensures timely maintenance work. The Interest-Free Maintenance System in real estate refers to a strategy where property developers offer interest-free financing options for necessary […]