Postingan

Menampilkan postingan dari Juli, 2018

How will Mumbai Metro impact the Real Estate Market in the City?

Gambar
How will Mumbai Metro impact the Real Estate Market in the City? With Mumbai struggling with transportation infrastructure for long, we look at how the multiple metro rail lines planned for the city, will help the commuters and the impact it will have on the real estate sector Transportation infrastructure in cities across the globe, has a proven positive impact on real estate and also along the peripheral micro-markets of the cities. There is optimism, hence, that the development of the metro rail in Mumbai, will bring about a transformation and boost the realty sector. “Hopefully, the Mumbai Metro’s upcoming corridors, will be operational in 5-10 years. Any planned infrastructure results in massive real estate growth, in and around the corridors and a similar impact could be seen when the VAG ( Versova -Andheri-Ghatkopar) Metro line became operational, transporting a large number of commuters daily between the western and eastern parts of the city. Similarly, residential and commerc...

What is Stamp Duty? What are the Rates & Charges of Stamp Duty on Property?

Gambar
What is Stamp Duty? What are the Rates & Charges of Stamp Duty on Property? Buying a house is one of the most important decisions that one makes in their life. Investing in real estate or buying a new home takes your hard-earned money and best of knowledge to get the perfect home. And it is really important to ensure that all the paperwork is completed. One of the most important documentation is property registration and stamp duty. Property registration completes your ownership of the property and stamp duty is a major part of registration.  Registering the property with your own name helps you gain the legal right to the property and will also help you avoid any dispute in future related to the property you have bought. And in this article, we will be telling you each and every detail related to stamp duty and how it is calculated. Here, have a look! What is Stamp Duty? Stamp duty is a government tax that is imposed on property transactions. It is payable under the Section 3 ...