In today's fast-paced world, the Internet has become the go-to source for everything, including searching for properties. Whether you're looking to buy or rent, the Internet provides a wealth of resources for those in the market for a new home. From comprehensive real estate websites to specialized vacation rental sites, there's something for everyone. Here's a closer look at how to search for...
Mortgage rate essential aspect of buying a home, as they determine the cost of borrowing money to purchase a property. A mortgage is a long-term loan that is used to finance the purchase of a home, and the mortgage rate is the percentage of the loan amount that you pay to borrow the money. Mortgage rates are the two main types of mortgage rates: Mortgage rate can either be fixed or adjustable. Fixed...
Real estate investment can be a profitable business, but it's important to understand the potential risks involved. In this article, we'll discuss some of the most common risks associated with investing in real estate. Market Risk: The real estate market is subject to fluctuations, and the value of your property may decrease in a down market. This can lead to a decrease in rental income or a...
Residential property refers to real estate that is intended for use as a dwelling place for individuals, families or households.It encompasses a wide range of properties, from single-family homes to multi-unit buildings such as apartments and condominiums.The demand for residential property has been consistently growing, with many people seeking to buy or rent a place they can call home. Investing...
The Advantages and Risks of Investing in Commercial Property: Investing in commercial property is a popular option for those looking to diversify their portfolio and reap the benefits of a steady rental income. Commercial properties can range from small retail spaces to large office buildings and shopping centers, and each presents its own set of advantages and risks. Advantages of...
Rera Number Registration Process or the Real Estate (Regulation and Development) Act, is a law passed in India in 2016. This Act aims to protect the rights of buyers and regulate the real estate industry. The law applies to all residential and commercial projects, and requires developers to register their projects with the state's RERA authority before launching them. One of the key...
The CIDCO Lottery 2023 is an annual program organized by the City and Industrial Development Corporation (CIDCO) of Maharashtra, India. The lottery is held to distribute affordable housing units to individuals and families who are in need of a home. The lottery is open to all citizens of Maharashtra who meet the eligibility criteria set. These criteria include income limits, age restrictions,...
the world of renting is also filled with complex terms of its own. Among the most misunderstood terms in the renting parlance are the words — lease and licence. When a residential premise is let out, a landlord and a tenant enter into an agreement, which could be a lease or a licence. While these terms are used interchangeably in common parlance, they are inherently different. While a lease gives more...
Often, an accepted norm for a house purchase is selecting a property at a wonderful location. Selecting a better location would give better appreciation on your investment. While some opt for apartments, others prefer independent houses. Usually, properties having sky-high rates in metros compel most homebuyers to look at apartments as their preferred choice. These come slightly cheaper than...
What is stamp duty and registration charges on property? Whenever any movable or immovable asset changes hands, the buyer has to pay a certain amount of tax to the state government, to get it stamped and registered in legal records, which is known as stamp duty and registration charges.The stamp duty charges in Maharashtra vary between 3% and 6%, depending on various factors, while the registration...