How Telangana RERA Will Change the Real Estate Industry in Hyderabad
The Telangana state government notified the RERA registration rules for the state, in which separate processes will be applied for project registrations and agents. The state has also expressed its interest in constituting a regulatory authority, which will have the responsibility of monitoring RERA registrations, as well as buyer-seller disputes, in line with the central…
NK Realtors
Can ‘Reverse Mortgage’ Become More Popular in India in Future?
72-year-old Asit Sen and his wife, 68, live in a house he owns in Manicktala. That’s the only asset the couple has. A former employee of the local post office, Mr. Sen lives off his meagre pension but with his wife’s illness, things are getting difficult to manage. Their son, who lives in Australia barely…
What are the Effects of RERA after Three Months of Implementation?
Real Estate (Regulation & Development) Act (RERA), 2016, India’s big-bang real estate reform, became effective from May 1, 2017. Every real estate project (either above 500 sq. mt. or 8 apartments), new or ongoing, is to be sold or advertised by the builder falls under the ambit of this new regulation. The new act…
Why is BT Road Fast Turning into a Hot Location for Home Buyers?
Kolkata appears to have come out of the hangover of long time underdevelopment, and the city is fast coming alive to much-improved facilities, cleanliness and urban infrastructure. One such stretch is B T Road which was somewhat neglected by the home-buyers for a long time has now become a highly preferred location for owning a…
Will Hyderabad Metro Solve Future Traffic Problems?
It is aptly said that the managers solve the problems of today, while the leaders solve the problems of tomorrow. While Hyderabad is not suffering from huge traffic snarls except some traffic jams in some areas during peak hours, the decision to construct Hyderabad Metro Rail was taken looking at the future growth of the…
What Are Some Selected Areas for Low Budget Properties in Kolkata for Investment?
After gold, if there’s any other form of investment that guarantees returns, it is real estate. Despite economic reforms, global crisis and meltdowns, the search for a perfect home by realty end users seem to be quite palpable in various parts of India including Kolkata. Keeping this trend in view, Kolkata real estate developers are…
What You Should Know About GST Impact on Home Prices
Goods and Services Tax (GST) is finally here and will be effective across the country from 1st July 2017. The new uniform tax regime has been formed to do away with the overlapping, double taxation system prevalent in our economy, saving end-users from shelling out various taxes on the same product at different levels. However,…
What to Look for While Choosing the Best School for Your Child
As a parent, you’d only want to make the best choices for your child. And, choosing the best school for your child is definitely a choice you’d want to get right. However, young parents can feel a bit clueless or challenged when it comes to deciding which school would be the best for their kids….
Steps You Should Take to Ensure the Safety of Your Home
Authorities are reporting an exponential rise in burglaries and sophisticated break-ins as working couples, single parents, nuclear families, and fast-paced life are increasingly becoming the new normal rather than being an exception like it used to be a few decades back. Srinjoy Chatterjee, a businessman living in an independent bungalow in Kolkata’s Salt Lake City,…