Years ago, managing rental properties used to be quite tricky. Before today’s technological advances, every aspect of property management was done manually. It was difficult to handle the day to day operations of properties, especially when owning several homes or buildings. Thankfully, today we live in a digital age which allows landlords to manage properties [...]
You bought the property for investment purpose or you are moving to another city. You must get the highest price for your apartment. The price of land might go up with the passage of time but the price of the building always decreases.The older the apartment is lesser the price will become. But, instead of [...]
In order to promote affordable housing, the government, in the past 5-6 years has made various tax and fiscal concessions. The financial budget of the years 2015, 2016, 2017 and 2018 has made it clear that the government is taking numerous steps to provide houses to each and every person of this country. With these [...]
Kolkata, once the British Capital of India, today, is acknowledged for its culture, infrastructure and architecture. It has become a hub for IT, including business and financial sectors. As per statistics, Kolkata's population is around 14.8 million, with an optimum employment rate which results in the growing demand for the residential real estate in the [...]
What is RERA? RERA stands for Real Estate Regulatory Act, which came into force on 1st May 2017. It was first introduced by the Indian National Congress in 2013. In 2015, the Union Cabinet of India had approved 20 of its amendments and finally, it was passed by the Rajya Sabha and the Lok Sabha [...]
Affordable Housing under Pradhan Mantri Awas Yojana (PMAY-HFA) is a costly affair or a New Solution for all!
In the light of the staggering figure of 78 million homeless people in the country (2014), the two-year-old Pradhan Mantri Awas Yojana has come as a solace for the vagrant. While its tepid progress had put forth a question on the possibility of a promised "dream home", steps infused into the scheme by the government, [...]