Real Estate

BEST BUY BACK OFFER ON VILLA PROJECT IN HYDERABAD. AND GET A REGISTERED PLOT AS SECURITY.

Hyderabad is an emerging market in terms of real estate and IT sector. So everyone is investing their money to grow in diferrent forms, so everyone has to think about to invest as per their financial conditions. The investments might be in the form of plot of land, villa, flat, farm land, farm house, or MOU buck back offers, money invested in real easte project which has decenet amount of returns in a...

MEANING OF MUTATION OF A PROPERTY IN INDIA?How Much It Is Important To A Buyer?

A Mutation of property means a transfer of property from one person to another person and its title in the name of a purchaser like plot, flat, villa, commercial space etc,. Merely having a title deed not enough to claim the ownership but also mutate the property during purchasing which safeguards their future repercussions. Mutation of property stands as a proof of ownership of the property How...

WHAT IS THE MEANING OF NIL EC?

EC means Encumbrance Certificate which is a document concerning all the details of the plotted area, house, flat, villa, etc., mostly required to know more about its legality and title of an individual’s property. EC is obtained to know the property is free from all encumbrances or debts or any legal hindrances. EC is obtained from the concerned Sub-Registrar office by paying fees. A NIL EC means...

WHAT IS A JOINT DEVELOPMENT AGREEMENT IN REAL ESTATE SECTOR?

A Joint Development Agreement JDA is a written agreement between both the parties i.e. the land owner and builder or developer wherein one gives land for development to the builder and the builder agrees to build the project with his skilled team of different kinds of workers to a finished apartment/ or any civil project. Here both the land owner and builder pool their concerned resources and share the...

IMPORTANT THINGS TO KNOW BEFORE BUYING A LANDOWNER’S PROPERTY SHARE.

    A landowner is a person who owns a piece of land and agrees to a joint venture with the builder to develop a part of the land in the form of flats, villas, houses, apartments, etc. Here both the parties agree to build a venture. Hence the land owner agrees to share the land and the builder builds the whole project and both the builder and owner share the property as per their agreed terms after...

Do You Know What Is A Conveyance Deed?

There are various types of documents for the transfer of property rights. To buy or sell a property you make a document as per the nature of the transfer. Here conveyance deed is transferring property rights to another person on a written document made and executed between claimant and executants at the concerned jurisdictional Sub–Registrar office by paying attracted stamp duty and...

How Much Safe Is It To Buy A Property Through General Power Of Attorney?

Before executing the General Power of Attorney, the executants & claimant has to know all the legalities and their authenticity to what extent this document is valid and cannot be revoked in the courts of law. A GPA means the power given to any confidant or his acquaintance to carry out specific financial or legal obligations on the owner's behalf wherein an owner is not present physically for due...

Hyderabad’s ORR Is Set To Get World Class Makeover.

Telangana government is modernising the present ORR with par excellent than developed countries . Presently, the solar roof cycling track, widening of service roads, beautification by installing sculptures, development of lush greenery, construction of an a trumpet-shaped interchange at Neopolis Layout, and entry and exit ramps to connect ORR and nearby localities are underway. The projects on the ORR...

A New Cycling Track To Be Layed By HMDA.

KT Rama Rao Telangana Municipal Administration Minister on Tuesday, September 6, laid the foundation for a solar-roofed cycling track in Hyderabad. The Hyderabad Metropolitan Development Authority (HMDA) is developing the 23-km cycling track along the service road of the Outer Ring Road (ORR) between Nanakramguda to Telangana State Police Academy and from Narsingi to Kollur, the minister's official...

What Is Carpet Area, Built Up Area, Super Built Up Area.

Before buying a home the one have to know the jargon of the area defined by a builder, Carpet area, Built-up area, Super built-up area and RERA Carpet area. The carpet area, as the name suggests, in its simplest form is the area in the house where you can lay wall to wall carpet. That is the entire floor of the house. “Just take the floor area of all the rooms, the kitchen, living area and...

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