Diverse markets have been severely affected by COVID-19. Although some sectors such as healthcare have benefited, due to the pandemic, a few others, such as the real estate industry, are facing a downtrend in the market. However, the pandemic has turned out as a surprisingly positive development for those who are looking to buy homes.…
Purchasing a property involves a lot of paperwork and payments such as registration fees, TDS, stamp duty, GST, etc. It is essential for the homebuyer to know these charges and to stay up to date with them especially about GST. Before the GST entered into operation, through the construction of a housing estate, a number…
The whole globe has seen and experienced the adverse effect of coronavirus. If we talk about India, every industry has to face severe setbacks due to this pandemic especially the real estate industry. Ever since the Coronavirus impacted humanity in December 2019, much has changed. Amid countries all over the world applying drastic steps to…
The Coronavirus Pandemic, being an unprecedented event, brought with a lot of chaos. Everyone across the globe suffered due to the impact the pandemic had on every sphere of life. The unfamiliarity brought with a lot of uncertainty that hindered the overall routine life of everyone. The pandemic also lead to the imposition of a…
After Union Minister of Commerce and Industry Piyush Goyal on June 3, 2020, the developer community in India was in a state of panic after saying that builders needed to sell housing projects at discounted rates and let go of the high-priced unsold inventory. The minister said the government could perhaps provide some concession in…
Purchasing your own home is a dream of many people. It is one of the essentials of good living. It is a massive financial decision and one needs to make sure that they invest in a good house. As much as it is important to know the location of the property, the developer whose project…
One of the biggest economic reforms India had seen was in 1991. But as wording goes ‘History repeats itself’. With almost a year to the spread of covid-19 now, china (biggest manufacturing hub) has faced serious backdrops in the manufacturing sector. Various multinational industries are now shifting towards India which is a big opportunity. However,…
It is evident at this point that the Covid-19 pandemic has permanently modified the way we live and work. The virus has impacted our offices, our homes, our outdoor spaces, every place. The novel coronavirus pandemic has hit every single sector of the economy, including the real estate sector. This has led to the change…
As our country is flourishing towards modernization and urban economy, people are looking forward to settling at the well connected residential area with every essential facility, and one of such places in the northern region is Mohali. It is one of the leading cities where most professionals would like to settle down. The growth of…
There are various terms that are used in real estate and main confuse the homebuyer. We understand that when purchasing or selling immovable property, persons enter into a contract with the seller. It must be noted, however, that the form and format of the agreement can vary. In general, there are two kinds of contracts,…