What is circle rate? Circle rates are minimum rates for property registration transactions notified by the sub-registrar or registrar’s office. It is different for each place and varies according to the place. In this article we will be taking a look at the circle rates of Delhi. Significance of circle rate Circle rates are significant because they are used as a factor while determining the price for property values during a purchase or sale. Financial institutions also use it before they sanction a mortgage loan. Residential Plots’ circle rates in Delhi…

Computers and the internet have revolutionized the entire world. Technology has made our lives way simpler. Similarly, it has made the lives of house owners easy too. Before the internet landowners faced difficulties as they could not see their land and house in which they did not live but owned. This caused problems for them. Delhi BHU Naksha has solved that problem. What is BHU ? Delhi BHU Naksha is computerised versions of land records. Records of rights (ROR) have been moved to the electric medium. Maps of states have been…

We all want to buy our dream house someday. Maybe, you want to invest in a commercial space for your business. Or maybe you want to just invest in real estate. There can be various reasons for the millennial to venture into the real estate sector as a customer/investor. After all, real estate gives us a sense of security and comfort. However, the real estate sector is vast and tricky. We do not know everything about purchasing a property. Only a handful of us is aware of the property documents required…

Franchise business is the safest choice when it comes to starting a new business. Franchise business in dealers career is essential. A few popular examples would be, MC Donald’s, Domino’s. To buy a new franchise there is an initial fee. That helps you to buy rights, methods, equipment, marketing techniques that a buyer has to pay. After purchasing these rights the franchisee gets access to trademarked things such as slogan, brands, logos etcetera. This purchase is valid for 5-10 years that you will have to in most cases. However, the franchisee…

Real Estate sector is a pillar of Indian economy. GST, also known as Goods and Service Tax, includes Central GST, State GST and Integrated GST. Previously, there were various modes of taxes like VAT, Sales tax, etc. levied on the properties.  However, now the Government has decided to fix a single rate GST on properties. We buy and invest in properties; however we are still unaware of GST on real estate sector.   Who pays the GST on real estate sector? The buyer and the investor who invests in under-construction properties…

COVID-19 has created an unprecedented challenge for the world. The Economy of all the countries have been highly impacted and the effect is visible in almost every sector. Real Estate is no exception to this. It contributed near to 7% of Indian GDP and had almost 15% of labor employed in it. More than 250 small and big industries get less or more affected by the changes that happen in Real Estate. Therefore, we need to understand what could be the situation of Real Estate Post COVID 19. So, here, firstly…