There are various terms involved when it comes to real estate sector. One of such terms which you may have heard is ‘common area’. As the name suggests, a common area is that area which is common to every resident is Charged by all the residents of a complex of apartments. A co-owner of the…
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.…
When we talk about Punjab, Chandigarh Tricity is the first place that comes to our mind. The real estate sector of Chandigarh Tricity has witnessed unprecedented growth over the past few years. Mohali, Chandigarh, and Panchkula makes Tricity and are the fastest-growing cities of northern India. With a stable climate, social and core infrastructure availability,…
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…
Festival season has always been the favorite of every person, it is filled with excitement, festive offers, and happiness. But this year it is not the same as always for everyone. As the festival season draws close, the real estate developer expects a more successful last quarter of the year 2020. There is no doubt…
Tax revenue is the biggest source of the government’s income. There are various kinds of taxes like income tax, sales tax, wealth tax, corporate tax, and many more. You may have seen or heard about TDS in your salary slip or while doing any banking process. Did you know there is a relation of TDS…
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,…
You may have read various articles telling you how it is the best time to buy a property as the home loan rates are lowest and developers are offering discounts and freebies etc, but to buy a property one needs to consider various factors, especially in the current scenario of Coronavirus pandemic which halted the…
As we know due to COVID-19 people are not shifting to bigger houses and demand for ready to move houses has shown a positive shift in recent months. With the outbreak of the virus all around the world, many changes have been made and seen around us as well. One of such major change is…