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…
If you want to know what is RERA, then this post is for you. This post summarizes basic information about RERA and how exactly it will going to help the Indian citizen. The Real Estate (Regulation and Development) Act, 2016 is an Act of the Parliament of India which seeks to protect home-buyers as well as help boost investments in the real estate industry. The Act establishes Real Estate Regulatory Authority (RERA) in each state for regulation of the real estate sector and also acts as an adjudicating body for speedy dispute redressal. The…
The real estate business is growing as people want to buy classic as well as premium residential units for their family. Therefore, it is always advisable to choose the real estate companies according to the quality residential developments and customer satisfaction. So, here we are with top builders and developers in Noida. ATS Greens With lush greenery, architectural marvels and numerous resident centric facilities, ATS Greens offers home buyers a perfect getaway from the city mayhem, while they are right in the heart of the city. The company has successfully developed 20…
India grows with a rapid pace and has one of the most interesting real estate markets, together with Vietnam, according to PWC. This is mainly thanks to long-term economic growths and a shift in manufacturing trends in the region. Not surprisingly, this also means more work for local and international real estate companies and developers. And of course, more and more property investors turn their eyes to these countries. In this article, I list some of the top real estate builders in India. 1. Godrej Founded in 2010, Godrej Properties is a subsidiary of Godrej…
Delhi NCR is one of the fastest-growing regions in India due to a number of supportive factors including a large number of high paying white-collar jobs and world-class physical infrastructure. The real estate prices in Delhi have grown to astronomical heights leading to the growth of adjacent cities as large companies shift to other cities namely Gurgaon and Noida in search of better infrastructure and lower real estate prices. The Government is also enabling the same by improving the connectivity of these cities with Delhi through wide roads/highways and Delhi Metro. Gurgaon was…
RERA Uttar Pradesh Fee for real estate developers Project Registration fee To conduct the real estate business, a developer shall pay a registration fee while applying for registration of his project with the RERA authority. He/she can pay the registration fee with a demand draft or a bankers cheque drawn on any nationalized bank or a Co-operative Bank or through online payment mode. In case of Group Housing Project Rs. 5 per square meter – If the area of land for the proposed project does not exceed 1000 square meters Rs 10…
RERA Uttar Pradesh Fee for real estate developers Project Registration fee To conduct the real estate business, a developer shall pay a registration fee while applying for registration of his project with the RERA authority. He/she can pay the registration fee by filling up “Form A” along with a demand draft or a bankers cheque drawn on any nationalized bank or a Co-operative Bank or through online payment mode. In case residential or any other project Rs 10 per square meter – For projects where the area of land proposed to be developed do…