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In light of the high number of queries that we have been getting for various property management issues, we decided to focus our BLOG Live series on this aspect through comments. Within that, we started this time by addressing the problem of Land Search and Documentation. In the Live interaction with the NRI audience, Our CEO explained the importance of getting your documents in order and also the nec...

It is no secret that bachelors are avoided in every society in Mumbai, reason being the overenthusiastic attitude, their nouveau independence and freedom. Even in Pune, residential societies are pushing the norm bit too far. On the Indian Cooperative Forum, a Mr. B.F. Gonsalves stated that the society in which he holds a flat, passed a resolution in September 2014 to not allocate flats to bachelors. To add to it, a penalty of Rs. 10,000 per month was also being charged to the people obstruct...

10 most important income-tax and wealth tax changes which will apply from April 1.

Moving into the place of our own is always a dream come true. The joy of stepping into the owned house is simply unmatched. All of us, at one time or the other, wish to experience this jubilation. Buy ing a home, therefore, is easily one of the most crucial decisions in one's life. All that is important while arriving at the decision is to strike a perfect balance of head and heart. It is not...

Every man primarily aims to achieve the most important necessities of life – food, clothes and shelter. Though the larger section of the society, the middle class, finds it comparatively simpler to attain the first two necessities, it is not easy to procure a home that you can call your own. Whether you are a metro person or a small city dweller, it is rather tough to make an important ...

Every year there’s a flurry of news and reviews at the time of the Union Budget around what it means for you. We thought we’d do a simple listing of the salient points around taking a home loan today as a refresher and ready-reckoner for the home buyer of 2016-17.

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The recently approved real estate regulatory bill is a good law to protect the interest of both buyers and developers, but this should not be one-sided

The realty sector is the backbone of the economy and that the recent reforms initiated by the NDA government, especially the law on Real Estate Regulatory Authority brought in during the Budget session of Parliament, is one sided, as it aims at regulating the builders only and not local authorities, who giv...

The Real Estate Regulatory Authority Bill (RERA) has been passed by the central government. It was long over due and it now provides us homebuyers with a uniform code of regulations across the country. While implementation will take some time, as each state will have to institute its own regulator and appellate tribunal, over the course of the next year the process of buying a home will become simpler and more investor-friendly.

Over the last several...

Ongoing delay in possession of the house is one of the worst nightmares of a buyer, but what if it actually comes true? As alarming as it sounds, it is quite a common scenario these days, given the working capital crunch which builders face. These delays can occur due to the following reasons:Pending municipal approvals or disputeWorking capital crunch - The developer has gone out of funds (and property is not selling) and the bank is refusing to fund the projectWhatever the reason migh...

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