The House Construction Agreement, also known as a Home Construction Contract or Building Contract, is a legal document that outlines the terms and conditions between a property owner (client) and a contractor or builder for the construction of a house or residential building. House Construction Agreement serves as a binding agreement between the two parties, […]
In India, government real estate has different laws that vary across States. Some vital laws in India impacting the country’s realty landscape include the Real Estate (Regulation and Development) Act, 2016 (RERA), the Transfer of Property Act, of 1882, and the Registration Act, of 1908. What are a Laws in government real estate? Real Estate […]
The decision of whether to invest in a house or stay on rent depends on individual circumstances, financial goals, and personal preferences. Purchasing a house can be a long-term investment that may appreciate over time. As the property value increases, homeowners can build equity, which can be beneficial for future financial security. Owning a house […]
Real estate investment can be both a boon and a bane, depending on various factors and individual circumstances. Real estate investment has the potential to generate wealth over the long term. Property values tend to appreciate, allowing investors to build equity and benefit from capital appreciation. Boon & Bane in real estate investment: Rental income […]
The Tamil Nadu Real Estate Regulatory Authority (TNRERA) is a regulatory body under the Real Estate (Regulation and Development) Act, 2016 (RERA). It aims to regulate and promote transparency in the real estate sector in Tamil Nadu, ensuring protection for homebuyers and also promoting fair practices among developers and promoters. Establishment: TNRERA was established on […]
The real estate sector has witnessed significant growth in the past few years, driven by various factors such as urbanization, population growth, economic development, and favorable government policies. The demand for housing has been steadily increasing, primarily due to population growth, rising income levels, and changing lifestyles. Affordable housing initiatives by the government, incentives for […]
Real estate has a significant impact on various aspects of society, the economy, and individuals. Here are some key points on the impact of real estate. According to the United Nations, more than half of the world’s population lives in urban areas, and all countries in the world are becoming increasingly urbanized, leading to real […]
An appraisal is an assessment by a licensed appraiser to determine the value of a property. It helps determine the fair market value for buying, selling, or refinancing purposes. The Top Real Estate include scarcity, improvements, location, investment permanence, uniqueness, immobility, and Indestructibility. Closing costs are the fees and expenses associated with the transfer of […]
Tamil Nadu is one of the most developed states in India and has a significant real estate market. The state government plays a crucial role in formulating policies and regulations to govern the real estate sector. A long-term vision such as “Tamil Nadu Real Estate vision 2030″ could focus on various aspects. List of Real […]
Deciding between investing in commercial Vs residential real estate depends on various factors, including your investment goals, risk tolerance, market conditions, and personal preferences. Commercial Vs residential real estate refers to properties used for business or income-generating purposes. This includes office buildings, retail spaces, industrial properties, warehouses, and hotels. Commercial properties generally have higher income […]
