Category: Investment
Loans for home and land may seem to be the same since both are part of real estate. But in financial terms, home loan and land loan differ in a few major areas. Banks and Non-banking financial institutions (NBFCs) provide both loans. Also, despite certain differences, the rules for processing the loans are exactly the same. Let us look at the differences now; Purpose of the property: Home loans can be availed for houses that are ready to sale, under-construction, or approved for construction in the future. Such loans are given…
The Haryana Government sets the circle rates in Gurgaon through the registrar or sub-registrar office. It states the minimum amount for purchase or registration of properties. Stamp and registration charges have to be paid according to the Circle rates or the transaction value, whichever is higher. If you want to avail loan against property, you need to know about the circle rate of your property. Factors that influence circle rates in Gurgaon: The market value of the region and the services available in that region. Market value is the actual value…
We all want to buy our dream house someday. Maybe, you want to invest in a commercial space for your business. Or maybe you want to just invest in real estate. There can be various reasons for the millennial to venture into the real estate sector as a customer/investor. After all, real estate gives us a sense of security and comfort. However, the real estate sector is vast and tricky. We do not know everything about purchasing a property. Only a handful of us is aware of the property documents required…
COVID-19 has created an unprecedented challenge for the world. The Economy of all the countries have been highly impacted and the effect is visible in almost every sector. Real Estate is no exception to this. It contributed near to 7% of Indian GDP and had almost 15% of labor employed in it. More than 250 small and big industries get less or more affected by the changes that happen in Real Estate. Therefore, we need to understand what could be the situation of Real Estate Post COVID 19. So, here, firstly…
If you are looking for Franchise Business Models, it clearly means that you are planning to buy a franchise or wants to start your own Franchise Chain. Starting a business through the franchise model now a day has become really simple because a team of experts like PROPERTYYY.com has put together all brands in one place. Where you can go and choose a brand that suits your persona and meets your requirement. But thorough research is important before you approach a consultant. So today, we have compiled a list of franchise…
If you are looking for Top and Best Books on Real Estate Investing, then you are at the right place. We have compiled a list of best Books on Real Estate Investment after deep research. We have also provided you direct links to purchase the ebook for the same. SO, let’s start exploring Top 10 Best Books on Real Estate Investment 1 The Complete Guide to Real Estate Finance for Investment Properties: How to Analyze Any Single-Family, Multifamily, or Commercial Propertyby Steve Berges Learnings: Essential valuation techniques The effects financing strategies…
The new process of online property registration in Delhi has helped people get things in no time. The old traditional way was time-consuming and complicated; the Delhi government introduced an online registration portal to ease the procedure for registration of property in the city. To know more about the online property registration process in Delhi, read on here. Online Property registration in Delhi is a crucial part of a real estate transaction as only a well-executed registration permits the transfer rights to the buyer and proves his legal ownership of the property. However,…
If you are looking to know Stamp Duty in Delhi then you are at the right place. Generally, stamp duty charges and property registration fees differ from one State to another. These charges are levied at the time of registration of a property. Paying such charges authenticates a homebuyers’ ownership of the property. Hence, it is mandatory to pay stamp duty and to register your property. Propertyyy.com shares an insight into the costs involved in Delhi stamp duty. If you are looking to know Stamp Duty in Delhi then you are…
If you are an NRI and looking about Ownership rights of Property in India for NRI, then you are at the right place. We have compiled ways in which you can invest and own a property in India if you are an NRI. Please read on. Joint Ownership/Power of attorney (POA) Like any other Indian resident, an NRI can also buy a property in joint ownership. If the property is owned by more than one person, it is termed as joint ownership. Any co-owner can transfer his own share in the…
A Ready Reckoner Rate (RRR) is the standard value of an immovable property assessed and regulated by the respective State government in which the property is established. Here, the word immovable property encompasses residential property, commercial property, and land/plot. In a bid to ensure an accurate valuation of real estate properties, all the State governments publish area-wise rates of properties on a yearly basis known as Ready Reckoner Rate (RRR). Also, referred to as Circle Rate, a RRR differs across States, cities, and localities. The RRR acts as a benchmark below…