In the vast landscape of the Indian real estate market, sale agreements form the cornerstone of property transactions. They outline the terms and conditions under which a property is sold, providing legal protection to both the buyer and the seller. However, there are instances when a sale agreement is dishonored, leading to disputes and potential financial losses. In this blog post, we will explore the...
2023
The Real Estate (Regulation and Development) Act, commonly known as RERA, was enacted in India in 2016 to bring transparency, accountability, and efficiency to the real estate sector. One of the powerful tools available to Indian citizens under RERA is the Right to Information (RTI) query. This blog post will guide you through the process of filing an RTI query under RERA and explain its significance in...
The Indian real estate market has long been a significant contributor to the country's economy, playing a pivotal role in generating employment and driving economic growth. However, like any other sector, it too faced its fair share of challenges, including issues related to insolvency, disputes, and regulatory bottlenecks. To address these challenges, the National Company Law Tribunal (NCLT) was...
When it comes to real estate and property discussions in India, terms like "built-up area," "carpet area," and "super built-up area" often pop up, leaving many potential homebuyers and investors confused. In this blog post, we'll demystify the concept of built-up area and explore its significance within the Indian real estate landscape. Defining Built-Up Area: Built-up area refers to the total floor...
In the realm of real estate and apartment complexes in India, there's a term that often crops up in discussions: the "loading factor." This term refers to a critical aspect of apartment design and planning that greatly influences the liveability, functionality, and overall value of a housing unit. In this blog post, we will delve into what the loading factor in Indian apartments entails and why it's...
When it comes to buying or renting property in India, the term "carpet area" holds significant importance. In the Indian real estate context, carpet area refers to a crucial measurement that directly impacts the pricing, utility, and legality of a property. In this blog post, we will delve into the concept of carpet area, how it is calculated, and why it matters to both property buyers and...
When it comes to purchasing or renting a property in India, you're likely to come across various terminologies that might leave you scratching your head. One such term is "super built-up area." In this article, we'll delve into the concept of super built-up area, what it means, and why it's important for both property buyers and tenants. Defining Super Built-Up Area: Super built-up area, often...
In India, the utilization of residential properties for commercial purposes is a subject of interest for many property owners and entrepreneurs. The idea of converting a residential space into a commercial one might seem tempting, but it's essential to understand the legalities and regulations surrounding such a transformation. Let's delve into the details to provide clarity on whether residential...
Investing in real estate has always been a popular choice for individuals seeking to grow their wealth over time. In a diverse and dynamic country like India, where the real estate market has shown remarkable resilience, land investment stands out as an intriguing opportunity. However, as with any investment, there are both advantages and disadvantages to consider before venturing into this avenue. In...
Investing in a plot of land in India can be a lucrative and fulfilling endeavor. Whether you're planning to build your dream home, start a business, or simply make a smart investment, the process of buying land involves several important steps. In this guide, we'll walk you through a comprehensive, non-plagiarized step-by-step procedure to purchase a plot of land in India. Step 1: Define Your...