Mindspace REIT listing INDIA after Embassy REIT Success

India to get its second REIT listed in stock market soon. After the success of Embassy REIT in the Indian stock market many large commercial real developers and investment funds have geared up to list their tech parks on the stock market. Real estate investment trust is also known as REIT. REIT h

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GOVT considering 100% FDI in completed housing projects

India Is currently reviewing its foreign direct investment policy to boost the real estate sector. Currently it allows 100% FDI in projects under development including residential and commercial buildings, townships however it is exempted from investing in farm house projects and real estate busi

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Karnataka may cut property guidance value value by 5-10%

Karnataka government is planning to cut the guidance value by 5-10% across the state. The guidance value means the base price of the properties in a particular area fixed by the government i.e. the minimum amount at which the sale of property takes place. The guidance value varies from area to ar

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Projects under RERA to get six month extension

All real estate projects both residential, commercial registered under Real estate Regulatory authority which stand to be completed on or after March 25, 2020 will get a six month extension as the lockdown to contain the covid 19 pandemic that stopped the construction work across the country.

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TNRERA Extends Project completion date by Five months

The Tamil Nadu Real Estate Regulatory Authority has given a five-month extension for completion of projects registered under TNRERA in the wake of COVID-19 pandemic and consequential force majeure. “All registrations which are valid as on February 1 are extended automatically

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RBI Extends Moratorium On Loans For Another 3 Months Till August

Reserve Bank Governor Shaktikanta Das on Friday extended the moratorium on payment of loans by another three months till August to provide much-needed relief to borrowers whose income has been hit due to the coronavirus crisis.   In March, the central bank had allowed a three-month m

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How To Apply Encumbrance Certificate In Tamil Nadu

  The first step while considering the purchase of a property, the buyer has to ensure that the legal title of the property is clear – whether there is any lien/charge on the property, or if there are other owners / claimants to the property other than the seller, if the property h

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Know all about KHATHA

“KHATHA” is the first word which arises among all the property purchasers mind. This blog is going to fill/satisfy the entire questions regarding this subject as per Government policies and regulations. What? “Khatha” in simple term it is ‘Account’. Fro

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Should Rental Agreement For My House Be Registered?

A Rental agreement is usually signed between the Lessor (landlord) and Lessee ( tentant) for a immovable property which the lessee has agreed to all terms of the Lessor and also the rent payable details are noted in this agreement. As per Section 17 in the Registration Act 1908, it is mandato

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Is It Mandatory To Do MOD When You Take Home Loan

The term MOD means Memorandum of deposit of title deed or popularly also known as Mortgage deed of your property. This deed is usually executed when the bank releases money to the vendor from the loan account of its customer in installments or at the time of registration of the property. This

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