How RERA Benefits Homebuyers in India

RERA was primarily introduced to bring transparency and boost customer confidence in the real estate sector. It came amidst rising complaints of fraud against the developers. If you are a prospective home buyer or just curious to know about this act, here’s a quick list of benefits that this Act offers. What is RERA? Real Estate Regulation Authority, or more commonly known as RERA, is an Act...

How to Change Name in Land Registry or Property Documents?

The land is one of the most valuable assets which most people own and thus, in case of change of official name of the owner (of the property), utmost care should be taken to get the name updated in the land registration documents. Although it’s not an immediate requirement, a change in the name in the land registry helps the owner of the property avoid land disputes and legal hassle which might emerge...

Get a Home Loan This Diwali

It has certainly become a norm of the festive season - offers on a home loan, car loan, retail shopping - the list is long. How many of you have planned some big purchases already around Diwali month? A home loan is also a part of festive loan schemes by the bank to capture the happy mood of the market. One should use these offers to decrease the cost of borrowing. A penny saved is a penny earned! Most...

PM Svamitva Yojana: Online Registration, Eligibility & Property Card Scheme

PM Svamitva Yojana: After the successful implementation of PM Jan Dhan Yojana, which worked well in bringing Indian poor into the banking system, GOI has recently launched Property Card Scheme (Svamvita Yojana). This is another historic scheme introduced by the central government to serve the dual purpose of issuing ‘property cards’ (proof of ownership of property) to rural residents and enabling...

What is the Affordable Rental Housing Complex Scheme (ARHC)?

A large proportion of urban migrants live in slums, informal settlements and unauthorized colonies, in order to save rental costs. They spend a substantial time commuting to their workplaces either by walking or cycling to reduce the travel expenses. Hence, to improve their productivity and to offer them ease of living, the Government of India felt the need of promoting rental housing for them to achieve...

Impact of RERA on Real Estate Agents

Real estate agents play a key role in the marketing of any project, acting as a bridge between the developers and the buyers. These agents are now required to comply with the guidelines of RERA - an Act introduced by the government in 2017 to bring transparency in the market. Let’s find out how this Act has impacted the property agents. Why was RERA Introduced? Indian real estate market was...

5 Top Reason To Prefer Real Estate As Great investment

Real estate is a great investment for many reasons. You can enjoy an excellent rate of returns, amazing tax advantages, and leverage real estate to build your wealth. Here are the top five to prefer real estate as a great investment. Real estate provides better returns than the stock market without as much volatility. Historically in real estate, your risk of loss is minimized by the length of time...

IMPACT OF LOCATION ON COMMERCIAL REAL ESTATE

Planning your CRE location Strategy The commercial real estate (CRE) sector that comprises office space, retail, industrial, and special-purpose buildings are driven by the fact that how you manage your data to derive understanding and this becomes your location strategy. The Commercial investment properties can be segregated into Primary, Secondary, and Tertiary commercial properties- this describes...

Top 5 Localities in Indore For Long Term Investment

With Indore being promoted as a top real estate investment hotspot among Tier-II cities, Interio Global shares some of the localities in the emerging city that can be considered from a long term investment perspective.  Indore has displayed tremendous potential in terms of return on investment owing to the Metro project, and the presence of IT companies. "However, the market sentiments continue to be...

Demand for Affordable & Mid-budget Homes Expected to Rise Post Lockdown

As curbs start being relaxed, the sales in the real estate sector are expected to resume. However, it is expected that a large section of the buyers would shift their focus towards affordable homes. The demand for affordable homes was already rising gradually before the pandemic, but now the change is going to take place very fast. The real estate sector plays a major role in the Indian economy, accounting...

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