How Does an Agreement for Sale Differ From a Sale Deed?
While cooling off after a great round of tennis, Siddharth Agnihotri, an architect by profession, was talking to his friend Yash about moving into a new home. During the discussion, which swept across various topics, the legal aspect of an ‘agreement for sale’ and a ‘sale deed’ came up. Knowing that the two are not the same…
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Top Things to Know about Defaulting on a Home Loan EMI
Cost of a property involves quite a big amount of money, so for majority of people buying a home on full cash payment is difficult to imagine. Therefore, for many, home loans are becoming the most preferred route for buying a residential property. Several studies show a dramatic surge in home loan applications in recent years, as…
Udaya Cresent Koven: Your Dream Haven in the Heart of Hyderabad
We choose to live in homes that mostly resemble who we are or want to be — something that’s commonly referred to as ‘dream home’. When businessman Rajendra Jagapathy was out in the home buying market, his priority was a home that would be his sanctuary even in the middle of the bustling urbanscape of…
Balaji Elegancia: Your Own Retreat in the Pearl City
These days, it’s increasingly common to head to a weekend getaway to relax and unwind. Coming home at the end of the day is no longer the sign of putting up your feet for many denizens in the city; rather time-off is carefully planned and paid for. Now, imagine if your own home was so…
Common Issues of Property Inheritance after the Owner’s Death
The death of Delhi-based businessman Bhuwanlal Singla, presented his four surviving sons with a moral and legal dilemma, involving their father’s multi-crore real estate holdings. In the wake of this family tragedy, the sons faced the most challenging situation related to property inheritance, as Bhuwanlal did not leave a will. Though there was no chance…
The Rapid Growth of Co-living Spaces in Our Cities
Jobs and education opportunities are bringing more and more people to urban centres and gateway cities. India has a sizeable annual influx of rural to urban migration rate which was 4.5% in 2011. Jhong Khei from Manipur moved to New Delhi with an eye on his ambition of studying for the civil services exams as…
Why 2019 has Turned out to be the Best Time to Buy a Property
Hyderabad-based businessman, Rajnish Tripathi has been tinkering with the thought of buying a property since December last year. He wanted to make sure that he invested when the time was right. It was when his friend and tax consultant, Senthil Srinivasan, convinced him that the property prices are more affordable now than at any time…
How Landscape Architecture is Reshaping Housing Complexes
Investment banker, Asim Zaveri and his wife, Anju picked a plush apartment in a sprawling gated community set on Banjara Hills, when they moved to Hyderabad from Mumbai. The Zaveris were won over by the vast stretches of planned lawns, impeccably landscaped avenues, and rows of gorgeous flowering trees — an abundance of lush greenery…
Things You Should Know about Reduced GST on Real Estate
For three generations, real estate has traditionally been a favoured choice of investment for Mumbai’s Jain family. The family’s youngest member, Navneet Jain, 32, also has property investments in major metro cities across the country. Speaking about the changes that GST has brought to the real estate sector, Navneet says that the revolutionary tax reform…