What is the difference between Real Estate & Infrastructure ?

 Real Estate:
Real property way the bodily terrains which might be valuable. Terrains which include property, air rights, land, and homes.

Types of Real Estate
The Residential real property is the commonplace form of real property’s which includes new creation, high-value houses, and holiday homes.
The commercial actual property is broader than the residential actual estate. This includes residences along with shopping facilities, hospitals, schools, lodges, and offices. Apartments frequently fall into this category, despite the fact that they're used for house.
Industrial real property’s function business residences and buildings. These encompass residences consisting of warehouses, storage, and distribution website.

Infrastructure refers to bodily systems that are installed location to make the surroundings greater exciting to stay in. Those consist of transportation, sewage, water, power and numerous different systems.
Types of Infrastructure
Infrastructure can be positioned into several different sorts inclusive of:
Soft infrastructure:
This type of infrastructure help in retaining the financial system of a country stable. Examples are the healthcare, monetary organization, and government systems.
Hard Infrastructure:
Hard infrastructure may be very critical bodily systems had to make a better life for the human beings inhabiting the land. Examples are bridges and roads.
Critical Infrastructure:
These are critical structures created through the government of a kingdom to make sure the kingdom and its financial system functions nicely. Shelter, telecommunication, public health, and agriculture are a part of those critical infrastructure set in location by the government.

How to Start Real Estate Business?

Real estate enterprise is one of the maximum beneficial enterprise in India and the second largest in the back of agriculture. The real property region can be divided into 3 most important categories – industrial, residential and land with all sectors booming in India because of the growing center elegance and overseas funding into India. The Indian real estate marketplace is predicted to touch US$ one hundred eighty billion by 2020 and making it very appealing to begin a actual property enterprise in India.

Real Estate Business – Realtors
Building cloth suppliers, builders, constructing labour providers, architects, engineers, creation system carriers, financiers and realtors or agents all come collectively to create the vibrant actual property commercial enterprise in India. Key among this institution are the realtors or brokers who're the interface with the purchasers in the transaction techniques supplying recommendation, facts and help negotiate the offers. In this article we specifically observe a way to start a actual property brokerage commercial enterprise.

Business Registration
Most actual property sellers operate as unregistered companies – generally a proprietorship or unregistered partnership. However, the actual estate brokerage enterprise is now becoming reformed, formalized and accelerated to international standards to win over client self assurance and compete with massive on line real property brokerage systems. Therefore, it's far crucial for the ones beginning a real property brokerage business to establish their commercial enterprise as a Private Limited Company or Limited Liability Partnership (LLP) to enhance patron confidence and result in professionalism.

Service Tax Registration
The offerings provided by using a Real Estate Agent or Real Estate Consultant are taxable below the Service Tax Act. As per the Service Tax Act,  “Real estate agent” means a person who is engaged in rendering any service on the subject of sale, purchase, leasing or renting, of real property and consists of a actual property representative. “Real estate representative” means someone who renders in any way, either at once or circuitously, advice, consultancy or technical assistants, with regards to assessment, thought, layout, improvement, construction, implementation, supervision, protection, marketing, acquisition or management of real estate.

Service tax is chargeable on any taxable service rendered through the real estate agent or real estate consultant for a consideration in money. The gross amount charged by way of the carrier issuer is taxable at 14% underneath the carrier tax act. Therefore, those real property sellers or real property experts having an annual taxable offerings billing of more than Rs.9 lakhs have to reap provider tax registration and collect provider tax from client when annual taxable services billing exceeds greater than Rs.10 lakhs in line with 12 months.

Real Estate Agent License
The real estate enterprise is turning into more organized and Haryana State is among one of the first state in the u . S . To set up licenses for actual property marketers. In Haryana, individual actual estate dealers must pay a license fee of Rs.25,000 even as a company would ought to pay Rs. 50,000 for the licence. Real property agent license from Haryana State might be legitimate for five years and can thereafter be renewed for a fee of Rs.5000 for people and Rs.10,000 for corporations.

In addition to real estate agent license from State Governments which are mandatory, actual estate retailers can also become a member of National Association of Realtors – India (NAR-India). NAR-INDIA is a countrywide stage umbrella employer representing the pursuits of heaps of realtors/agents working all over the usa. NAR-India objectives to raise the standards of exercise of the actual estate brokerage commercial enterprise to a international level where ethics, transparency, duty, rule of regulation and true governance be successful.


Guide to Investing In Pune’s Residential Projects

For the past two years, Pune has kept pace with some of the top real estate centers in the country, and there is no single reason why it is. The emergence of numerous multinational corporations, IT companies, manufacturing facilities, educational institutions, and the influx of shopping malls and hotels have helped make Pune a thriving city in the real estate market, with it all: high quality education, employment opportunities, and a brisk one social life paired with the proximity to the city of Mumbai.

The immense stress on land in Mumbai has led developers to look for similar viable real estate options. People are moving to Pune from different cities to lead an urban lifestyle without the undue pressures of overcrowding and smaller spaces. Since Pune has seen many changes in market trends, it is safe to say that it has come a long way. Whether studio apartments, spacious villas, townhouses or even a BHK 1- and 2-story apartment in Pune, the housing sector has changed massively, primarily due to people's decision to settle in the house. Before deciding to browse property brochures, however, it is imperative to understand the Pune housing scenario and find the right housing investment there.

Over the years, Pune's leading construction companies have started paying attention to people's changing needs for contemporary lifestyles. The aim is to offer comfort and luxury in different price ranges. The first step in investing in Pune property is to make sure of where you plan to live. The right location and neighborhood make a big difference when looking for an apartment. The key is to find a property that suits your needs, such as hospitals, restaurants, shopping streets, educational institutions, and convenient transportation.

There are several factors that determine whether a particular Pune property has investment potential. First select a reputable builder to ensure the quality of construction and the facilities to be provided. Residential projects in Pune, carried out by renowned developers, ensure that they provide the necessary amenities within the premises. Here are some things to consider before investing in Pune residential property: advanced security systems with CCTV surveillance, adequate parking, power backup, indoor and outdoor recreational facilities, gym and Wi-Fi common areas, just to name a few to name a few.

New projects in Pune by developers like Buyolp generate high-quality construction with spectacular views, a great location advantage and countless facilities that improve life. Before deciding which property to invest in in Pune, do a thorough research. The amenities, safety features, location, and most importantly, having a reliable residential developer should guide your decision to invest in Pune residential real estate.

How to find a good location to buy property?

Real estate in India can mainly be divided into organized and unorganized categories. The organized category includes projects developed by builders, while the unorganized category includes most of the independent houses or kothis, villas and apartments made by builders. The following are the most important parameters to look out for when choosing a location:

Affordability - the cost of real estate in this location should fit your budget

The most important factor in choosing a location for most buyers is affordability. Buyers can find out which locations are offering apartments that fit their budget. If the location is more expensive than the buyer can handle it becomes an unaffordable issue, and if it is significantly cheaper than the buyer's budget the location is likely to offer poor services and a poor standard of living. .

Daily commute - the location should be close to where you work

The second most important criterion when buying a home is usually the distance to the workplace and buyers often prefer an apartment close to the workplace. In the event that more than one person works in the family, a compromise is made on the location.

Types of travel: The location should be easily accessible

Easily and safely travel is often very important to buyers when evaluating different locations. If the place is connected via the subway or has good connections to public transport such as local trains / buses and rickshaws, family members can easily move around and travel to the place for their daily needs. . Workplace in the city.

In addition, the availability of transportation such as rickshaws, buses, and taxis at odd times, such as early morning and late at night, provides residents with a safer travel experience, and buyers should consider this carefully before making a purchase decision.

Security - The location must provide a safe environment for you and your family

Safety is an important parameter for most buyers, and for the most part they will not compromise on this. The security aspect is less important if the buyer is looking for a property as part of a project or residential community, as these communities are closed. However, it is becoming a bigger problem for people looking to shop in the disorganized segment where shared apartments have not yet been formed or where they do not function to provide a safe living environment.

Infrastructure - The location must provide a safe environment for you and your family.

There are other safety issues such as street lighting, local room levels, and public transportation at odd hours. In general: the higher the room level, the greater the feeling of security for the residents there. Most locations that offer softer security aspects are significantly more expensive compared to areas without such facilities.

Neighborhood - Lower neighborhoods can spoil your living experience

Buyers can also endeavor to find out if there are temporary or unapproved structures in or near the location, such as public buildings. However, this cannot be generalized and the buyer should speak to local residents to understand the local situation.

Social infrastructure: Developed places offer the best life experience

Buyers can look for facilities such as transport links, proximity to shopping malls, schools and hospitals, and adequate sewage systems. These facilities will be lacking in developing areas and buyers will need to make an informed choice considering the potential problems the family might face while living in a particular location.

Future prospects: Local development and price increases may depend on large infrastructure projects.

If the buyer wants to buy a house for investment purposes and the growth prospects of the place depend primarily on a large infrastructure project (e.g. important for the buyer to make the necessary inquiries about the expansion of the infrastructure, its distance to the desired location and the completion dates Before making a decision, be aware of any delays and potential legal obstacles.

Family Needs - An ideal location will depend on the needs of your family

The buyer should also make an inventory of their family's basic needs before making a decision to buy a home in any location. For example, if there are older people in the family and they may need emergency medical care, it is preferable to buy a home in an area with good access to good hospitals. Even if there are children in the family, the buyer should first explore the location for quality schools that also fit into the family's budget.

Development phase: Development locations are cheaper but difficult to adapt

Other important factors are the size of the space available in the locality. If apartment buildings have recently been seen in the area and much of the property is still vacant, buyers should be prepared for security issues and increased levels of noise and air pollution, which will be the case during construction. The area will also be a constant witness to the movement of workers engaged in construction, affecting the normal state of the city to varying degrees.

If the city is still at an early stage of development, there is a greater chance that basic city services such as water and sewer connection problems will need to be addressed. Therefore, it is recommended that the buyer conduct a thorough review of such facilities and only then proceed with the purchase decision. However, the buyer should also take a phone call that takes into account the construction status of the property. If construction of the property is slow to complete, there will be a window of opportunity for basic public facilities such as water and sewage in the area to improve.

Buying tips for Gram Panchayat plots: Know the risks involved

In 1992, after ignoring local problems, India reintroduced Panchayat raj as a system of autonomy. There are around 265,000 grams of panchayats in India today. Converting agricultural land by paying a nominal conversion fee to the government is essential when investing in land included in the Gram Panchayat. However, potential buyers should remember several factors before making the decision to purchase a panchayat gram soil for home use.

As a test to buy one gram of ground panchayat, a computer generated khata is mandatory. The government implemented the Chata plan to prevent fraudulent transactions, along with its stamping and registration departments. The Panchayats are not fully prepared for the development of Khata as there are no essential computers and infrastructures. The cadastre on the outskirts is one of the areas hardest hit by this problem. Rural development and panchayats have been given government permission to accept housing or land on one acre of land within the village limits. Panchayats have the authority to approve housing projects and rural development projects within the boundaries of their village. Land beyond this scope must be approved by the city or town planning department.

The important documents required to purchase panchayat gram land are:

1. Purchase contract

2. Mother's script

3. Building permit plan

4. Certificate of training

5. Certificate of Conversion

6. Khata Certificate and Khata Extract

7. Pfandbrief

8. Receipt of improvement costs

9. Power of attorney

10. Last receipt of taxes paid

11. Certificate of completion

12. Confirmation of occupancy

In many cases, the Gram Panchayat has no power to convert farmland into residential land. In such cases, you can be expected to contact the City Planning and Welfare Directorate. Another difficulty with buying land is carefully reviewing and reviewing land use records to make sure they are not reserved and completely cleared. Most of this agricultural land has been family-owned for many generations and the transformation of this ancient land will require searching for documents and information barely available in the offices of Gram Panchayat. Here are some things to consider before buying Gram Panchayat Land:

1. Make sure that converting farmland to home ownership represents the transfer cost. Generally, registration fees are around 6 percent.

2. If the land is not in a suburb of the city, then you can follow the rules and instructions for the design of the panchayat.

3. Make sure 1/3 of the area is open. Check for clarity with city or panchayat grams. There is an exception in certain circumstances.

4. Panchayat's loans per gram of land are known to the mortgage lenders and credit unions. Try contacting the financial institution for information on the product and how to use the loan on one gram of Panchayat property.

5. Land prices are generally very low at the Gramm Panchayat. Make sure proper identification documents and documents are available to ensure a smooth transaction.

Cost of Living in Hyderabad

Hyderabad, Telangana's capital city booming with IT facilities, attracts many people from all over the country to settle here. Hyderabad was named the best city in the country for the fifth year in a row, according to Mercer's 2019 Quality of Life survey. Hyderabad has been named "Tree City of the World 2020" by the Arbor Day Foundation and the United Nations Food and Agriculture Organization (FAO) for their commitment to preserving urban forests and ensuring a better future for its residents. . Nature lovers move to Hyderabad. One of the main concerns of people moving to Hyderabad is the cost of living.


Hyderabad offers multiple rental and purchase options such as PG (paying guest), home, apartment and detached villas. Depending on the location, the rent for a 2BHK apartment is between INR 5,000 and INR 70,000 per month. Around 2-3 months rent is required as a deposit and can be INR 2 lakhs. Buying a 2BHK apartment starts at INR 40 lakhs and can go up to millions of rupees depending on the location of the property and the amenities on offer.


Subway trains, buses, automatic rickshaws, and taxis are the options that people can use for local shuttles. Automatic rickshaws charge a minimum fee of INR 20 for the first 1.6 km and approximately INR 11 for each additional km. Depending on the non-air-conditioned (air-conditioned) / air-conditioned buses, the monthly pass varies between INR 1,000 and INR 3,000. Metro tickets vary between INR 10 (less than 2 km) and INR 60 (more than 26 km) depending on the distance.

If you want to travel with your vehicle, from April 2021 petrol will cost INR 94 per liter and diesel will cost INR 88 per liter.

Groceries and Groceries:

Hyderabad is famous for Biryani, Irani Café and Karachi cookies. The cost depends on the person preferred in a shop or restaurant.

Depending on individual food preferences and the size of the family, the cost of eating varies from family to family. An average of INR 5,000 or more is required for a family of four.

Ratnadeep Supermarket, Plus Supermarket, Big Bazar, D-Mart are some retail stores that offer basic groceries, among others.

Operating cost:

The approximate cost of various utilities in Hyderabad as of April 2021 includes:

Electricity: Household consumption is classified between 0-100 units, 100-200 units and more than 200. The tariffs are calculated based on the following range:

Drinking water: According to new guidelines with effect from December 2020, residents of the greater Hyderabad area with installed water meters can use 20,000 liters of water every month free of charge. For example, if a person uses 30,000 liters of water a month. The 20,000 liters are free and the invoice is created using the existing tariff for the 10,000 liters.

Liquefied gas cylinder - 871 INR

Internet Fees: Fees range from INR 500 to INR 1,000 per month (approximate fee for 60 Mbps or more)

Entertainment and sport:

Hyderabad has many weekend getaways and is also a tourist destination. Ramoji Film City, Golconda Fort, Charminar, Hussain Sagar Lake are some of the places to visit. In addition, there are plenty of pubs and cinemas to liven up the weekend. Movie tickets range from INR 150 to INR 350. You can participate in gyms and sports complexes.

Training costs:

Hyderabad is home to many renowned educational institutions and training institutes. A preschool for one child ranges from INR 2,000 to INR 10,000 per month. An international school or equivalent is expected to be between INR 1 lakh and INR 4 lakh annually.

Pros and Cons to invest in Lal Dora Land

Lal Dora Land (or Red Tape Property) refers to village land that historically consisted of villagers (called "Abadi" in Hindi). While the zone was created specifically for Delhi, it was later replicated in several other north Indian states, including Haryana and Punjab.

Historically, the practice was started by the British regime in 1908 by drawing a "red" line (Lal) separating inhabited villages from adjacent agricultural land. These Lal Dora areas, which are the former communal property, are still marked with a single Khasra (parcel) number on the Delhi income cards.

After independence, the region was granted the easing of housing tax and building laws, regulations and standards of the Delhi Municipal Law. Today these areas can be identified by checking them from the region's zoning plan. Under the law, any house or building being built in the Lal Dora area is exempt from sanctioning by any agency according to notices approved by the Delhi Municipal Corporation (MCD) in 1963. However, the owner must have a NOC for the local office of the Department of Land and Revenue.

When the concept of Lal Dora regions started in Delhi, to date the city / state has 362 Lal Dora villages which are under the Lal Dora zones. Although the government mainly acquired and developed the agricultural land adjoining these rural settlements, 214 of the Lal Dora villages became due to the rapid urbanization of these villages, which began when most of these localities were in the vicinity of many planned settlements, declared urban centers and CBD as “urban villages”. Building regulations have been enforced in these “city cities” since 2009, but the residents barely adhere to them.

Some famous Lal Dora locations in Delhi are Khirki, Chhatarpur, Mehrauli, Kishan Garh, Basant Gaon, Yusuf Sarai, Katwaria Sarai, Lado Sarai, Munirka, parts of Sultanpur and Sant Nagar in South Delhi; Mahavir enclave, Possangipur, parts of Uttam Nagar, Asalatpur and Virendra Nagar in West Delhi. Other such regions in North Delhi are Netaji Subhash Vihar, Nawada and GopalPur as well as various parts of Karkardooma, Narela and Rohini, while in East Delhi the areas of Lal Dora Trilokpuri, Kotla Village, Khera Gaon, Dayanand Block (in Shakarpur) and Condi.

There are many advantages and disadvantages to buying property in these areas. Although these properties are at risk, the unregulated nature of these locations offers several eases from laws and building regulations. For businesses and residences in the Lal Dora areas, the Delhi government usually issues "Lal Dora Certificates" as proof of ownership. Some of the pros and cons of these regions are:

Advantages of buying land / property in the areas of Lal Dora:

There are many prime areas in Delhi in Lal Dora Land that are home to many commercial and residential properties.

1. Come with a low property price:

The price of real estate in the areas of Lal Dora is much lower than the price in the areas that are part of the municipality. The lack of basic services and the lack of adequately documented ownership are one of the main reasons for this lower price.

2. Provide regulatory relaxation:

These more than 300 villages offer property buyers the convenience of not having to inquire about local government regulations. Since these villages do not fall within the scope of the City Law of Delhi, there is an exception to the mandatory approval requirement of the building plan. It should be noted, however, that while development on the property does not require government approval, the owner must obtain a NOC from the local Department of Land and Revenue.

3. Grant tax benefits, including housing tax breaks:

Since these properties are not registered with the agency, the agency does not levy property tax on properties located within the Lal Dora zones. No residential tax is levied on plots with a plot size of 200 square meters or less.

4. In a privileged location near business and residential centers:

Since most of the Lal Dora areas are adjacent to some of Delhi's posh cities or major business districts, the Lal Dora area offers an affordable way for people to live or open business in or near the main areas of the city.

5. It can be normalized by the following steps:

Properties in the areas of Lal Dora can be regulated by a subordinate magistrate responsible for the region. The applicant must provide an affidavit along with the owner and property details. Lal Dora areas can also be registered at the Tehsil office.

Cons of buying land / property in the areas of Lal Dora:

While these properties have many advantages, there are an equal number of negatives to buying any property or land in the Lal Dora area:

1. You are at high risk of fraud (or dual ownership):

Since the land register goes back decades and centuries, these non-authoritarian registers are not as reliable as the registers of the regions directly subordinate to the authority. Like the region

2. Impossibility of obtaining bank loans for these properties:

Since these regions are jointly owned and there is no clear ownership of the parcels, the banks are reluctant to grant loans for these plots. This is because most residents do not have clear ownership documentation.

3. You have many regional maintenance problems:

Since the areas of Lal Dora are not under the direct control of the agency, these areas are vulnerable to the abandonment. While urban businesses are tasked with ensuring that basic civic services are available in these regions, these regions are generally considered to be underserved because these regions are unregulated and there are different levels of red carpet in these regions. Many of these areas in Delhi do not even have basic water supplies and garbage disposal.

4. They are hard to sell:

Due to the various risks associated with the Lal Dora areas, these properties are difficult to resell. Since many of these buildings / land do not comply with government established security protocols, most businesses / businesses do not prefer to buy / lease properties in such areas.

5. Come with risk of eviction:

Because the properties are unregulated and unauthorized, businesses in these regions are vulnerable to evictions or may even result in the property being demolished. Due to the fact that unplanned development has resulted in a violation of many safety rules and regulations, many of these areas and buildings are classified as "dangerous" for safety protocols. The government and the courts have the power to order the evacuation or renovation of buildings that pose a major threat to local residents and businesses.

Some controls and procedures that you should follow if planning to buy property in the Lal Dora area are mentioned:

1. Obtain a clearance certificate (NOC) from the district judge's office.

2. Check that all taxes have already been paid to the relevant local authority (Delhi Municipal Corporation North, South or East).

3. Perform property integrity due diligence by checking every detail of the property with the authorities.

4. Keep the signed copy of the payment receipt in a safe place.

Future of the Lal Dora regions

While the Delhi Development Authority decided to remove the residential areas of these cities from the master plan since the first Delhi master plan in 1962, it is now working to include residents of both urban and rural villages in the creation of the Delhi 2041 master plan.

On income cards (especially in Delhi) the land in this region is marked with a single Khasra (parcel) number, and residents do not have clearly documented individual ownership rights to their respective parcels or land. To address this issue, the current government has launched the Village Survey and Mapping with Improvised Technology in Village Areas (SVAMITVA) program across the country to map land dora land (and land holdings in villages). While this move will help bring these cities under the jurisdiction of the municipalities and provide civic services to residents. The measure will also help residents obtain loans for their properties. Land Dora has begun registration under this scheme in several states, including Punjab and Haryana.

Lease Deed and its Basic Details

A lease is a contract between the landlord (owner of the property) and the tenant (the tenant of the property) about the use of this property on a rental basis. It is similar to a rental agreement between landlord and tenant, but usually runs for a longer period of time, at least one year.

In contrast to a lease, in which a tenant pays the landlord rent for the use of the property, in the lease the tenant acquires the rental rights to the property from the landlord as compensation for the use of the property. All financial considerations, terms, and other terms of renewal of the lease are set out in an official document called "Lease Deed".

In addition, registration of a rental deed is required under Section 17 (D) of the Registration Act 1908.

Basic information to be included in a rental agreement:

Similar to a rental agreement, there are some basic details that need to be included in a rental agreement. Some of them are:

1. Names of the parties: The names of both parties, the landlord and the tenant, must be given as mentioned in the legal documents. Both parties need to ensure that the parties' names are not wrong.

2. Rental period: This is the total period during which the tenant can rent the property. This is usually a longer period of time, usually more than a year.

3. Leasing consideration: The leasing consideration relates to the financial conditions associated with the leasing contract. This includes the rental amount to be paid by the tenant to the landlord at regular intervals (monthly / quarterly / half-yearly / annually) according to the specifications.

The deposit paid to the landlord must also be mentioned in the deed. This amount must be repaid to the tenant by the landlord at the end of the rental period.

4. Notice period and exit clause: In the event that the landlord or tenant has the need to terminate the rental agreement before the aforementioned rental period, he can do so by notifying both parties in advance. This notice period can vary from one month to several months or at the request of the landlord or tenant in mutual consideration.

You also have the option of compensating the landlord / tenant for the damage incurred if the deed is paid before the specified period.

5. Extension conditions: contains the conditions for the extension of the lease of the property after the specified period. As a rule, the landlord charges a renewal fee for the extension of the rental agreement.

While the rental contract is automatically renewed in most cases, it is up to the tenant whether to continue the rental contract or not. In addition, some leases give the lessee ownership rights to the property by paying a reasonable price at the end of the lease term.

6. Sublease clause: The sublease clause gives the landlord the right to rent the property to different parties and in return collect the rent (or rent) from them. The main tenant can also benefit from this subletting.

Subletting is a common practice in which the original landlord does not have to worry about managing and collecting rent from multiple tenants. You deal with a single renter and receive payment from a single entity. However, it is illegal to sublet a property without including the sublet clause in the contract.

Your Guide to Plot Loans

The money that a person borrows to buy a piece of land or parcel is known as a parcel loan. It is often confused with the home loan. Therefore, it is important to understand what a package loan is and what its characteristics are. As with any other loan, the borrower must pay the IMEs along with the interest on the principal amount of the loan. Good credit plays an important role in determining your loan amount.

It is important to note that package loans are only offered to Indian residents between the ages of 18 and 65 who are employed or self-employed.

Features of the loan for packages

In order to make a better decision, you should be aware of the advantages and possibilities of this loan service when applying for a package loan with any lender. All can be seen below.

1. Land for residential purposes can be acquired through a land loan. And not only can you use this land as an investment, but it will bring you higher profits from reselling it in the future.

2. You should make sure that you have a package loan at relatively cheap rates starting as low as 7.95% per year if you are concerned about package loan interest rates.

3. A parcel loan can be drawn on for two main reasons, namely to purchase parcels directly from the developer or housing company and to purchase parcels by reselling them to lenders.

4. For a parcel loan, the LTV (loan to value) ratio is a maximum of 80 percent, i. H. You can borrow up to 80 percent of the property's value. If the value of the property is INR 20 lakh, a loan of INR 16 lakh can be obtained. LTV differs from one lender to another based on the size of your loan and other factors.

5. The transaction fees for a package loan are also relatively low and can vary from lender to lender.

6. You should be aware that, compared to a home loan, you receive tax breaks on all principal and interest paid; there are no tax breaks on your package loan.

7. The repayment period for package loans is up to 20 years.

8. If you are a female borrower, you will get lower parcel delivery rates.

How to calculate Floor Space Index?

When you are a real estate investor or planning to invest in real estate, you will often come across obscure transactional jargon that may seem quite complex. Understanding these complex terms is essential in making decisions related to buying a property. A thorough understanding of all legal terms is very important for making the right decision when buying a home.

Floor Space Index (FSI) is terminology that you must understand thoroughly if you are looking to invest in real estate.

What is the Area Index (FSI)?

To define the floor area index, we need coordinates of the usable area of ​​the floor in the house as well as the total area of ​​that particular lot. When we talk about the gross floor area of ​​a property, this includes the total floor area and the outside of the walls facing the outside of the building.

If the area index is 100%, it means that the entire property is usable. If the FSI is less than 100%, it means that a certain part of the land within the property remains unused. If the FSI is greater than 100%, it indicates that it is a multi-story property.

Formula for calculating the Floor Space Index (FSI)

The arithmetic formula for calculating the FSI is as follows:

FSI = area in which the house will be built / area of ​​the property

For example, if the area of ​​a property is 6,000 square feet and we want it to have a 100% FSI, then the entire 6,000 square foot building will be built on a 6,000 square foot lot.

Conversely, if 3,000 square meters of 6,000 square meters were used to construct the building, the FSI is 50%.

Main factors affecting FSI

The FSI is generally determined according to the protocols of the local authority of a particular area and that particular value can vary significantly from state to state from city to city. The value of FSI is highly dependent on city regulations and the geographic restrictions of the location.

Some of the main factors that significantly affect the allowable FSI are:

1. Property size

2. Type of building (residential apartments, commercial buildings, etc.)

3. Location of the building

4. Availability of basic services such as water, electricity, sewage and others

It has been observed that the FSI of older, established and metropolitan cities deviates somewhat from the value of the FSI of developing or future areas. Depending on the value of the property as well as development needs, a particular city may change the value of FSI at any time.

The FSI often varies depending on additional restrictions such as driveways, manholes, verandas, rest stops, elevators, etc. - The parking lot in the basement and parking on stilts are not included in the FSI. However, there are still certain cities considering FSI covered parking.

Importance of FSI to home buyers

Any home buyer should consider some legal formalities and review building restrictions before buying any particular property. A very important aspect to review is the FSI. A higher FSI means that the respective residential complex has high-rise buildings. Therefore, the communal facilities such as gardens, swimming pools, electricity, elevators, parking lots and water supply would be shared by a larger number of people.

On the other hand, a lower FSI would mean that fewer people would share the community facilities of the residential complex. This would certainly create a more comfortable living space for the residents. In the case of individual houses, the higher FSI value would mean that the homebuyer concerned would have permission to build a house with more floors or usable space.

Subject to certain restrictions such as the geographical location of a project, the total workforce in a certain area, the availability of open or unused green spaces, the construction and sustainability plan, the population density, etc., FSI is decided. The FSI should not exceed 250% to ensure that there is enough open space available in times of natural disasters. Therefore, ideally, a homebuyer should look for a home or property with a lower FSI score.

That FSI is vital to real estate developers

Real estate developers generally prefer a higher FSI for additional profit. A higher FSI value can be achieved by tending towards more vertical building growth. A higher FSI would certainly mean that a real estate developer is building a high-rise building and selling more residential units to home buyers.

Overall urbanization of developing regions and housing for each plan would help developers make higher profits and narrow the gap between demand and supply in real estate.

Knowing FSI as a home buyer is important as it determines, to some extent, the quality of life and safety of the particular residential complex.

Property Title Fraud

With the rise in land / property prices around the world, real estate has become one of the most expensive assets people own, and sometimes they even invest their lifelong savings in land / real estate. However, because real estate transactions are a high quality investment, they often involve as much risk as any other transaction of this magnitude.

What is title fraud?

Title fraud is a type of fraud in which the criminal steals the owner's identity, usually by tampering with the documents or by defrauding the owner (without the owner's knowledge or consent). Once these illegal documents (property documents) are created, the criminal usually receives as much credit as possible in lieu of property (as collateral), making property vulnerable in the event of foreclosure (or acquisition) by the bank or credit institution. the default.

Most of the time, these scams are done on land and land that has been uninhabited for a long time (especially if the owner lives in another state / country). In addition, properties with unclear ownership (unclear title) or rented properties are also susceptible to this type of fraud.

Types of property title fraud

The perpetrator can commit title fraud by either forging your signature and making you look like a seller who sold you your home. Alternatively, the criminal can forge property documents and use illegal means in the government to update (change) property records in community authority documents. This way, without the knowledge of the actual owner, he can borrow as much as possible or mortgage his property and take out multiple loans in lakhs / crores (thousands / millions) of local currency.

You can also illegally sell the property / house / facility to someone else and receive the money and then get out of the public domain.

The types of title fraud that occur in practice are listed:

Forged Document Fraud - If someone signs your name on a deed of purchase without your knowledge, the fraud process is known as “forgery fraud”. Such scams are committed by criminals who have excellent connections with the city authorities and who can modify the public records without the actual owner receiving any notice of the ownership changes in the public records. This type of fraud is a fraudulent signature that is notarized and creates a new deed of sale.

2. False Property Loan: When someone creates a false identity on your behalf (as the owner) just to get a secured loan or mortgage in place of your property, it is known as a "False Loan Loan". Such scams are difficult to spot and only come to light when the delinquent stops making payments and the credit agent / authorities knock on the real owner's door just to discover the fraud.

3. Unclear property rights: There may be instances where the seller offers you a disputed property that is listed, leased or offered in installments (with liens) as collateral with a bank or NBFC. The buyer should use reasonable care to find out such matters.

4. Properties sold on farm land: You need to check the land use status of the property / property. A CLU (Change Land Use) permit is required to proceed with any form of residential or commercial development on agricultural land. Many sellers leave the new owner in the dark about this, which can lead to delays, later additional expenses for the new buyer or even restrictions on obtaining a building permit.

5. Property status (ownership / lease): When buying a property, the buyer should always check whether the property is owned or leased. Additional fees may apply to converting a rental property into ownership.

Royal Agreements or Easements - The buyer should also inquire about the site plan and verify their consent before buying the property. Many sellers have hidden items such as parking restrictions, open spaces on balconies, or may even sell you land that could conflict with neighbors' right of way or a utility infrastructure (such as power poles or underground sewers).

Effects of digitization

While digitization has brought a lot of transparency to ownership status in the more developed world, the Indian real estate market is also moving towards a good database with all real estate and property details. While the implementation of more and more technology solutions helps to easily avoid fraud and facilitate due diligence, it is still advisable to hire an experienced professional for this task.

However, as the government is busy conducting its digital mapping of all parts of the country under the Village Survey and Mapping with Improvised Technology in Village Areas (SVAMITVA) scheme, the number of defective property-related scams could increase in the next few years sink . Future.

Controls to prevent real estate fraud

However, as a property owner, you need to be very careful about what you sign and observe the exact terms and conditions when making financial transactions. In addition, you should not miss any news, post or any other form of communication from the government and consult a lawyer or legal expert if you discover any discrepancies.

As a new homebuyer, there are some documents you need to review to make sure you are not buying a property / home that is being fraudulently sold. These points will surely help you reach a clean settlement without litigation or financial loss.

Below is the list of documents that need to be checked and verified before going into business:

1. Sales contract: Always make sure the sales contract is registered and has a unique title in the name of the current owner. Any problem or discrepancy should be investigated.

2. Parental Certificate: Reflects the history of the property in terms of ownership in an ongoing sequence. The local authority can certify the authenticity of this document.

3. Identity of the seller: You will need to verify the seller with your Aadhar Card, Pan Card and verify these records with the tax receipts submitted by the property owner on the community file.

4. Pfandbrief: For reviewing package / home loans, transfers of ownership, mortgages, or any transactions recorded against the property.

In addition, the buyer should also review the following documents to avoid entering other forms of fraud:

5. Building permit plan: In the case of properties that are ready for occupancy or that are under construction, to be coordinated with the responsible building owner (or an official authorized by the building owner).

6. Certificate of conversion: It is imperative to check the certificate of conversion to determine whether the land / parcel / property is not agricultural land. A clearance certificate must be obtained from the local Tehsildar office for any conversion.

The buyer should also review and review the Power of Attorney, if any, and review the status of any tax receipts paid by the date of sale. These must be obtained from the previous owner of the local authority to check whether there are any fees or failures.

In the case of objects ready for occupancy, the buyer should also look for the completion and occupancy certificate.

Conversion of Agricultural land to other land use

With the liberalization of the Indian economy in the early 1990s, India quickly embraced urbanization as a way of life. This transformation has resulted in a rapid transformation of rural land and is spreading to urbanized growth centers. These urban centers are expanding and rapidly converting agricultural land into residential, commercial and industrial areas.

This process has also been facilitated by the amendment of various laws by several important state governments over the past few decades. While earlier most states did not allow the conversion of fertile land (used for agriculture) to residential land, most states introduced this practice in 2014 by amending specific laws such as "UP Zamindari" by the UP government .

Most of the changes to the Zamindari Abolition and Land Reform Act were made to allow developers to use fertile agricultural land for residential purposes. For large-scale conversion, however, only parcels with dry or barren land are preferred today.

Process for converting agricultural land into other land uses in different states

An area that is marked as an agricultural area may not be used for residential, commercial or industrial buildings. You are also not allowed to run a business (other than farms) from farmland. It goes without saying that the development you carried out would be an illegal construction in the event of non-compliance with the land use regulations of the country and can be demolished by the authority at any time during the examination. Therefore, prior to any construction or development work on arable land, the owner must change the land use rights for the property that he intends to develop or use.

Because agriculture in India is a government issue, there are many different procedures that different states are using to make this conversion. In general, in all states, the owner must contact the Department of Finance to change the land use rights for the land.

In states like Uttar Pradesh, Rajasthan, Karnataka, and Maharashtra, the owner must contact the tax authorities in their respective cities to convert properties of any size. However, in Rajasthan, owners must turn to the Tehsildar for the conversion of land up to 2,500 square feet. Larger parcels (but no more than 10,000 square meters) require the owner's approval from the subdivision officer. For larger parcels, approval is usually obtained from harvesters or the Rajasthan state government.

Under the Odisha Land Reform (Amendment) Act 1960, landowners can convert land use to fertile land after obtaining approval from the tehsildar / sub-collector. While in Karnataka the land conversion is granted by the commissioner of the Land Revenue Department, in Andhra Pradesh the Tehsildars or Revenue Officers of the division are authorized to grant this approval. Alternatively, in Bihar, land use change approval can be obtained from the subdivision officer.

For other states that do not have authority to perform this task, landowners can submit a land use change request to the collector, commission, or district judge. Many states including Andhra Pradesh and Karnataka have also launched an online portal / process to facilitate land use conversion.

Change process from agricultural to non-agricultural areas

The procedure is a "conversion fee" that is payable to the authorities for the conversion of the land use. It is usually between 3 and 10% of the property's value. However, sometimes the fees are set per square meter. or per square meter.

After the application, the owner must submit the following documents in order to submit a relevant application:

1. Proof of identity of the owner

2. Certificate of purchase and mutation

3. Donation of the certificate of division (in the case of inheritance)

4. Registration of rights, ownership and crops

5. Excerpt 7/12 (in Maharashtra)

6. No Lien (NEC)

7. Clearance Certificate (NOC) from the local council or Gram Panchayat

Along with all these documents, the owner must also present the topographical map of the area, the development plan, the project report (for housing projects), the receipt of payment of land income (taxes) and the portability of the water certificate, which will be carried out in a recognized laboratory (in the case of of the farmhouse) is available. Most of these land-related documents are available from the tax office.

Points to Remember Before Land Conversion

1. In the case of co-ownership, proof of all owners must be presented.

2. The process must be carried out on a specific schedule. If the schedule is violated, the owners will have to restart the process.

3. In the case of liens, debts or mortgages, the application to convert agricultural land into non-agricultural land is automatically rejected.

4. If the owner uses the land for a different use than that specified in the conversion application, the owner can be punished.

5. While NRIs cannot buy agricultural land in India, they can buy that land if due process of land use change is in place.

Understanding what is Floor Space Index

FSI stands for Floor Space Index. In some states, it is also known as the Floor Area Ratio (FAR).

The term FSI is used to define the amount of construction work that can legally be carried out on a property or parcel. The total allowable development on a given property depends on several parameters, including the size of the property, the location of the property and the end use of the building to be constructed, among various other parameters.

In addition, FSI has several components that have been defined by various state governments and local authorities. Developers are entitled to part of the FSI for free, while part of the FSI must be purchased by the authorities for a premium.

Let's understand FSI in detail and what it means in constructing a building.

The FSI or Floor Space Index is a ratio between the total building area permitted on this land and the total area of ​​the land.

FSI = total construction area (total construction area) / total area of ​​the property

Total building area = total area of ​​the property x FSI allowed

For example, consider a 1,000 square foot lot. If the FSI is 2.0, a total construction of 2,000 square meters can be carried out on this property. (2000/1000 = 2).

As a result, if the permissible FSI is 1.0, then only 1,000 square feet can be built on that 1,000 square foot lot.

Different governing bodies, including local bodies, councils, and other agencies have different criteria for determining the maximum FSI for a given area.

Key parameters on which the maximum permissible FSI depends:

1. Parcel location: In general, urban areas in the city center have a higher FSI than remote suburban locations and locations outside the city limits. The lack of open space in the inner cities is the main reason for a higher ISF in these localities.

2. End use of the building to be constructed: Parcels that are intended for commercial purposes generally have a higher FSI than those that are created for residential purposes.

In Mumbai, for example, a maximum FSI of 3.0 is allowed for residential projects, 4.0 for mass housing and slum rehabilitation projects, and 5.0 for commercial projects. In addition, residential renovation projects that are more than 30 years old have an FSI of 3.45.

3. Parcel size: In many areas the FSI is higher for larger parcels than for smaller parcels. This is intended to promote vertical development in cities with a lack of space.

4. Street Width: Some areas have fixed FSI depending on the width of the street the property is on. The greater the width, the greater the permissible FSI.

For example, the Greater Mumbai Municipal Corporation (MCGM) offers a maximum FSI of 3.0 for parcels on streets up to 12 meters wide and 4.0 for parcels on streets up to 18 meters wide for non-commercial buildings.

Components of the Floor Space Index (FSI)

There are two components of FSI that can be used to construct a building, viz. Simple and dispensable. The sum of these two components forms the maximum permissible FSI for a package.

1. Basic FSI - This is the FSI available for free.

2. Consumable FSI: This part of the FSI must be purchased by the local authority. In addition to the basic FSI, there are some FSIs that are for sale. This must be acquired by paying a premium based on the Ready Reckoner or Area Circle tariffs or the amount set by the relevant government agency.

In Mumbai, for example, an additional 35% of the FSI compared to the base FSI may be acquired as a consumption FSI for residential projects and 20% for commercial projects.

How to check the zone of land in Telangana?

The government of the state of Telangana has launched a Dharani online portal, which is an integrated land management register. This newly launched portal offers various land register extracts as well as online land register services. You can check the status of the property online on this online portal.

To check farmland status online, you need a passbook number / khata number or division number / collection number. These special numbers would help you view the details of the site online. You can also check the terrain map and download Pahanis and ROR online.

What are the steps to follow to use the Dharani website?

Below are the step by step procedures for getting data from Dharani website.

Reserve an Appropriate Time Window: You will need to allow an appropriate time window to meet with the appropriate sub-registration for the region. This is considered to be the most important step you need to take to register.

Pattadar Pass Book: After the meeting with the sub-registrar is completed, the purchase as well as the details of the sale will be recorded in your Pattadar Pass Book.

Loading the necessary details into Dharani: The local Tahsildar would pass the details of the land to the IT wing. After that, these details will be uploaded for easy access to the website.

Receipt of the documents: The required documents as well as the Pattadar passbooks will be sent by courier to your registered address.

What are the steps to follow to verify the land area in Telangana?

The step-by-step process to check country status online by brochure number / khata number / division number is described below:

Step 1: First, you need to visit the official Dharani portal.

Step 2: Then click on the Land State option which can be found in the main menu.

Step 3: Once the country status option has been clicked, the ROR-1 and Pahani window will open.

Step 4: You need to select your district from the list of districts in the drop down menu.

Step 5: Next, you need to select the department from the list of departments.

Step 6: Next, you need to select the mandal for your region from the long list of mandals.

Step 7: In this step you have to select your village from the village list that appears.

Step 8: In this step, you would have to select the Passbook / Khata Number / Division Number and then click the button to get the details.

Step 9: Then a window would appear with the name of the owner or the name of Pattadar, the extent of the land, the survey numbers, the khata number / book number, the document type and the location map of the earth, etc.

Step 10: You will find a download option in front of the survey number. You need to click the download option to download the required details.

What are the main advantages of the Dharani website?

All data and documents on the online portal of the Dharani website are mentioned very transparently and clearly.

Sellers and buyers can access the Dharani portal.

All desired documents will be available and organized in one place while browsing this website.

The terrain details are updated immediately.

All of your necessary information would be fully protected as this web portal is protected by cybersecurity experts. You don't have to worry about important data leakage on earth.

The Dharani portal usually integrates land registry and administrative services. It works smoothly and efficiently as a single source of land and fulfills the land functions. Users can easily and conveniently check the status of their own property online.

The main uses of the Dharani online portal

Efficient overland management through automation processes, backend digitization, integration of various departmental applications and the implementation of various advanced and modern technological interventions.

This combines the functions of land register entry and registration.

It is a single and integrated online window for managing land records in the state of Telangana, which includes surveys and texts, map maintenance, and various other related aspects.

This portal is a one stop shop for all land registry information in the state of Telangana.

All text data can be updated in real time on this portal.

What are the main services of Telangana Dharani?

The Dharani portal offers citizens the following services:

Succession / mutation

Appraisals for properties

NALA / land conversion

Certificate of agricultural income

Certified copy

Cost and obligation calculator

Assessment certificate

Tracking app

Document presentation

Search for lien

Access to flat rates

Payment for registration services

Public data entry

Reservation and rebooking of places

How to check the zone of land in Chennai?

The Department of Urban and Rural Planning in Chennai presented a draft for zoning regulations and building details in urban areas. These specific regulations list very clearly the uses that are permitted for each of the uses in the area and also the various restrictions that will be imposed. For the purposes of these particular regulations, it has been proposed to divide urban areas into six main use zones.

These zones are:

Zone for residential use

Commercial area

Industrial use zone

Zone for educational purposes

Semi-public and public use area

Area for agricultural use

Importance of land zoning

The main intent of land zoning is to enable national and local authorities to regulate and control the land and property markets to ensure complementary uses. Zoning can always be the right opportunity to stimulate or slow down general development in certain areas.

The zoning and planning process works very differently across India and is mainly administered and controlled by the various levels of government. This task is carried out by a local authority, e.g. B. a Ministry of Foreign Affairs or a municipality, perceived. In Chennai, it reports to the Rural Development and Local Administration Department.

The importance of different colors in soil zoning

Here are the different color sets and their meanings in land zoning:

Light yellow - Mixed soil / primary soil for residential purposes

Dark yellow - mixed residential properties. Basic services such as doctor's offices or grocery stores are allowed in this area. No more than 33% of business activity is allowed in a yellow zone.

Green: This area should include agricultural land or green spaces. Shades of green can vary widely to denote a lake, forest, garden, pond, valley or any cemetery.

Red: The red zone means public or semi-public areas for educational institutions or temples.

Light Blue - This zone is intended for business purposes, e.g. B. for offices, central business districts.

Dark Blue - This zone is used for both retail and facility purposes.

Purple or light purple - this color represents an industrial area.

Gray: This means very heavy industries.

The types of zoning in Chennai city.

Zone for residential use

The following things are allowed in this zone:

Main residential area

Only residential buildings with single and multi-family houses, apartments, etc. are permitted in this region.

Professional advisory offices are allowed to residents.

Small shops such as supermarkets, kiosks, tailors, bicycle workshops are allowed

Beauty salons and salons are allowed

Elementary schools and kindergartens are allowed.

Automatic rickshaws and taxi stands are allowed.

Playing fields and parks can be built

Mixed residential area

All uses permitted in the main residential area are also permitted here.

Apartments for one person and hostels

Kalyana Mandapam, communal lounges, gyms and wellness centers

Libraries, leisure clubs and reading rooms

Municipal, state agencies or a sub-agency of an institution

Fire brigade, police, post offices

Security safes and benches

Educational institutes other than schools

Residential hotels, restaurants and hostels

Gas stations and gas stations

Department stores

Pastry shops and bakeries

Tailors, linen and goldsmiths workshops


Commercial area

The following things are allowed in this zone:

Everything that is contained in the living areas is also allowed here.

Markets, shops, shops

Trading Offices, Trading Offices, and Financial Institutions

Warehouse, warehouse and wholesale warehouse

Theaters, cinemas and other commercial entertainment centers.

Health and testing laboratories

Transport terminals such as train stations and bus stops.

Auto repair shops and workshops

Industrial use zone

The following things are allowed in this zone:

All commercial activities permitted in residential and commercial areas are permitted here.

All industries can set up production units and workshops in this zone, regardless of the reason or business, with the exception of dangerous or unpleasant business.

Here you can install restaurants, hotels and clubs.

Residential buildings for guards, caretakers and some other emergency services can be built in this area.

How to check the zone of land in Maharashtra?

The land in Maharashtra is divided into different zones for land development. They are categorized to perform various activities such as mining, engineering, or other operations.

Land in Maharashtra is mainly divided into the following general categories:

Urbanized area

industrial area

Forest zone


Green area

Identify the land area in Maharashtra and conduct development monitoring.

If the land is within the boundaries of a planning authority, the land can be developed for commercial, residential, industrial, warehouse, or other urban purposes. Such a development would correspond to the detailed land use regulations of the development plan, the town planning plans and the planning proposals as well as the corresponding development control regulations, which can be enforced by interested planning authorities for the areas.

If the land is outside the boundaries of one of the planning authorities, the development would correspond to the detailed development regulations of the development plan as well as the control ordinances responsible person. Special planning authority named for the region.

Regional plans

A region is usually an area that is thousands of square kilometers. It includes municipal councils, municipal corporations, non-municipal urban centers, and also hundreds of small villages. The purpose of the regional plan is to assign territorial areas and regulate the future development of a particular region.

A well organized regional plan in Maharashtra would include all of the following:

It manages the allocation of land for various uses, the distribution of land in general, and the extent to which the land is to be used for industrial, residential, forest, agricultural, or land use purposes.

Proper reservation of certain areas such as gardens, open spaces, zoos, recreation areas, nature reserves, dairies, animal shelters and spas will be organized.

Means of communication and transport such as roads, railways, motorways, waterways, airports, canals, etc. are planned and implemented.

Drainage, water supply, sewerage and various other public services are planned, services and amenities such as gas and electricity are organized.

Site reservation for industrial parks, new cities and various other large development projects required for the development of a particular region.

The preservation, preservation and development of various forest areas, natural landscapes, natural resources, wildlife and landscaping are provided.

The appropriate preservation of the various objects, structures, features or places of natural, historical, scientific, architectural and educational value is decided.

The areas that are required for military and defense purposes are defined.

Erosion prevention, afforestation, reforestation, remodeling, improvement of bank areas, lakes and rivers are considered.

Proposals for irrigation, water supply, hydropower plants and flood protection are being processed.

How to check the zone of land in Ahmedabad?

About 60 lakh residents live in urban areas that are within the boundaries of the Ahmedabad Urban Development Authority (AUDA). As that particular number continues to grow and the city of Ahmedabad continues to prosper, there should necessarily be additional land and necessary built-up areas to provide jobs, living, education, shopping, healthcare, entertainment, gardens and parks. and various other needs.

In addition, this would be very important in order to shape this growth in such a way that the general quality of life and the quality of life in an area are maintained and at the same time remain economically lively and ecologically sustainable. An adequate development plan aims to meet all of these needs through different instruments, as well as the mechanisms available under the prevailing mechanisms and the instruments available in the current legal framework.

The division of the land into land zones within Ahmedabad is one of the crucial planning tools. This is used to control growth, regulate population density and organize land use within an urban area. The regulation of land use helps separate incompatible uses, increase quality of life and create some desirable characters for different areas of Ahmedabad.

In combination with building regulations, this determines the total amount of arable land. These buildable plots are divided into zones. This is very important to understand general development needs and various considerations related to the organization of land use and densities.

Considerations When Zoning Land in Ahmedabad. to be checked

This is very important to understand the considerations below, which are mainly used as parameters when zoning land in Ahmedabad:

The existing growth and trend pattern.

Population projections from 2021 to 2031.

A comprehensive assessment of the various existing conditions, building typologies, socio-economic criteria for land use, etc.

Existing offer, as well as building land in the zone areas.

The general availability of land suitable for the purpose of development.

Ahmedabad city overview 2021 and comprehensive vision, general planning and growth management principles including compact growth, green network development and affordable development.

The study of federal and state politics as well as the reports of the working groups, such as the integrated mobility plan, tourism policy, urban development plan, hospital policy, cultural heritage policy, rehabilitation of the population, redevelopment of slums, etc.

Review of suggestions and comments from the working group and at stakeholder meetings.

FSI or FAR in Chennai

FSI (Floor Space Index), also known as FAR (Floor Area Index), is a technical term that is widely used in the real estate industry to determine the maximum building area on land. In other words, it is the ratio of the total finished floor area of ​​a building to its total land area. This can be an important metric for both developers and home buyers. For a property developer, FSI helps them determine how much they can build on a given piece of land. Home buyers should also be aware that there are areas with a higher FSI than others, such as near train stations or business districts.

In 2019, the government of Tamil Nadu published the new development and construction regulations that apply to the entire state. These rules divide buildings into two types: skyscrapers and skyscrapers. Buildings that are not skyscrapers are those that are less than 18.30 meters high. The maximum permissible floor space index for these non-high-rise buildings is 2. There are, however, a few exceptions when calculating this figure.

Exceptions to the FSI standards:

According to the revised standards, the following factors are not taken into account either in the FSI or in the area coverage calculations:

Areas covered by stairwells and elevator rooms as well as corridors, architectural elements, high tanks (as the height below the tank from the floor is no more than 1.5 meters) and toilets on the terrace above the upper floor (with a floor area of ​​no more than 10 m2) 

Stairways and elevator rooms as well as entrances to them, on the parking deck on stilts or on the upper parking levels.

Stairways and elevator rooms as well as entrances and exits in the basement or parking level.

Parking space in the basement or on the upper floors.

The part of the stilt parking deck that is open on all sides and is used for parking if parking is planned on an upper deck or on floors above a stilt parking deck, whereby the area must not exceed 3.0 m.

 Guard booths or utility rooms, either on the ground floor or in the parking garage on stilts.

Service floor with a height of no more than 1.5 meters.

A 150 m2 fitness room.

Concierge cabin or room on the ground floor or parking level on stilts.

Air conditioning room and storage room either in the basement or on the ground floor.

Generator room either in the basement, on stilts or on the ground floor.

Electrical / switchgear rooms or AHU (Air Handling Unit) in all systems.

Pump room and meter room, either in the slot car park or on the ground floor.

Area for fire escape stairs and cantilever fire escape passages

Area occupied by garbage pit, service channels, porch and porch.

The area within the building for the accommodation of machines was planned for a water treatment plant or a sewage treatment plant with the corresponding approval of the Tamil Nadu Pollution Control Board (TNPCB).

Balcony or utility service equal to 5% of each unit or floor in residential buildings and 5% of the room area in other structures such as hotels and inns.

The area equivalent to a single room for mailboxes in multi-storey residential or commercial buildings or in group development.

Understand FAR and its calculation

The FSI is calculated by dividing the total covered area (base) at all levels, with the exception of those exempted from these regulations (as mentioned above), by the area of ​​the property that includes part of the site that is used as the exclusive passage will .

FSI or FAR = total covered area on all floors / total area of ​​the property

With an FSI of 2, the total buildable base area is twice as large as the property. For example, if the lot is 2,400 square feet, the total footprint of all levels that can be built on that lot is up to 4,800 square feet.

FSI premium costs:

The amount payable by the FSI Award Applicant (referred to as the FSI Award Fee) is equal to the prorated property price shown above, which is determined by the Registration Department's benchmark. In addition, the applicant must pay the FSI premium fee in one lump sum to the Chennai Metropolitan Development Authority (CDMA) prior to obtaining the building permit.

The applicant has full control of the property to develop the site. However, if you keep an undivided property, you won't qualify for a Premium FSI. The applicant must declare their willingness to use the Premium FSI at the time of submitting their building permit application and ensure that they pay the Premium FSI fee at the above rates prior to receiving the building permit.

All about the Floor Space Index (FSI) for Pune

FSI is one of the most widely used terminologies in the real estate sector. This is the ratio of the total built-up area to the area of ​​the available land. This is regulated and approved for a specific property by the government in a specific region. This describes the relationship between the building area on a parcel and the total size of the parcel. This is also commonly referred to as FAR or FSR. The FSI standards are generally based on the National Building Code.

FAR values ​​for different buildings can be the same even if they have different numbers of floors. Every city has a limited amount of space or capacity that can be safely used. Any use that exceeds this safe limit can put unnecessary pressure on the city concerned.

The Floor Space Index (FSI) is calculated using the following formula:

Area index = total area of ​​the building / gross area of ​​the property

For Pune, the FSI is usually officially changed after a few years, depending on the growth of the city, the increase in the value of land, water, energy and sewage systems.

FARs can differ based on various factors such as population dynamics, construction activities, growth patterns, and the nature of the room or terrain in which a building is located. The FSI differs depending on whether a particular property is used for residential, industrial, commercial or non-agricultural purposes.

The FSI is considered to be one of the most important factors in the development of a nation or city. A low FSI is considered a common obstacle in construction. Several industries, especially real estate, are calling for a significant increase in the FSI to open up spatial and land resources for real estate developers. A high FSI enables real estate developers to complete more and more construction projects, which necessarily means more sales, less costs for the projects carried out and a wide range that can be easily adapted to growing demand.

Main results

The area ratio is the specific ratio of the total usable area of ​​a certain building to the total area of ​​the property.

A higher ratio would effectively indicate a highly urbanized or densely populated area.

The FSI would differ significantly depending on the type of structure, such as residential, industrial, agricultural or commercial space.

FSI for Pune

The state government has announced a transit-oriented development policy in Pune. This was announced in March 2019, where the policy sets a 500 meter radius around Pune's subway stations and the maximum allowable FSI in the city is 4. The FSI must not exceed 4 and would also depend on the size of the property and the road. Broad. The state government also made a condition on the size of the parcel and the condition of the road in order to receive 4 FSI.

FSI in Ahmedabad

FSI refers to the ratio between the built-up area of ​​a parcel and the actual area of ​​the parcel on which the building is erected. The numerical value of FSI mainly indicates the total area on all floors that you can build on a plot of land.

The FSI is calculated using the following formula:

FSI = total area of ​​all plants / area of ​​the property

The FSI in a given city is administered by the Department of the Directorate of Urban and Landscape Planning (DTCP). This department regulates the value of FSI, which is based on the building type, urban area and various other amenities. Builders and construction companies can accumulate the FSI, which the state government imposes from time to time.

The Ahmedabad government announced the GDCR regulation. This rule allows homeowners and builders to convert 25 meter high buildings with a higher FAR with adjacent streets less than 18 meters wide.

The FSI in the capital cities of Ahmedabad is 1.2, while it goes up to 1.8 for certain cities towards the suburbs.

The recently announced rules state that homeowners will be given an FSI with a rating of 1.8. However, owners would take the opportunity to take advantage of paid FSIs, which vary up to a value of 2.9. This allows owners to remodel their existing homes.

Premium FSI in Ahmedabad

Some deviations that are allowed in FSI regardless of location, zone and type of building.

Premium FSI is what is required to the extent permitted by the FSI. In this case, you will have to pay an additional fee to the state government. To benefit from this particular FSI, the road adjoining the site must necessarily be 9 m wide.

30-40 feet of street width - 20% Premium FSI

40-60 feet of street width - 30% Premium FSI

Wider than a 60 foot highway - 40% Premium FSI

If a particular building in Ahmedabad has an adjoining driveway that is 9 to 12 meters wide, the building owner can claim a 20% FSI premium. This clearly means the property owner could build 20% more than the permitted FSI.

For example, if a Ahmedabad landowner has 2,000 square feet of land next to a 9 meter long road (the normal FSI would be 1.5). Since the street is 9 m wide, the owner can benefit from a 20% premium FSI. You can use this by paying the applicable premium rate.

Permitted built-up area = 2000 X Normal FSI X Premium FSI (%)

= 2000 x 1.5 x 20%

= 3600 square feet

Recent update:

The Gujarat government recently approved the construction of buildings greater than 70 floors in Ahmedabad, Gandhinagar, Vadodara, Surat and Rajkot. This new provision applies in category D1 in Ahmedabad Urban Development Authority (AUDA), Surat (SUDA), Vadodara (VUDA), Rajkot (RUDA) and Gandhinagar (GUDA), in which the Base Floor Space Index Allowable (FSI) is the same. is or more than 1.2. Now the maximum FSI will not be more than 5.4. Around 50% of the Jantri Non-Farmland Fee is charged in order to use the Premium FSI.

The minimum land size must be 2,500 m2 for buildings between 100 and 150 meters in size and 3,500 m2 for buildings over 150 meters in order for the new regulation to apply. The adjacent street must be more than 30 meters wide and can be used for residential, commercial or leisure purposes.

FSI or FAR in Hyderabad

FSI stands for Floor Space Index and is one of the most important parameters to ensure a proper and feasible construction. This is also known as the floor area ratio, which is commonly referred to as FAR. This is the ratio of the total area of ​​a building to the total area of ​​the land on which the building will be erected. The value of FSI is determined by a city's local authority or the city's development agency.

Therefore this value varies from city to city. DTCP is the body responsible for determining a city's FSI score. Most Indian cities tend to have lower FSI scores compared to other major cities in the world.

If the FSI in a city is 2 and the total area of ​​a property is 2,000 square feet, then the total area of ​​coverage or built-up area for the structure is 2 by 2,000 square feet. This clearly means that a developer could very well build a building with a total area of ​​4,000 square feet. FSI serves as a development monitoring tool to monitor the diverse dynamic growth patterns of metropolises

Several cities have a policy of increasing the FSI for a substantial period of time to accommodate increasing space requirements. Commercial and residential businesses can continue to use additional space instead of relocating to the suburbs for expansion.

In Hyderabad, the vertical construction of various buildings is widespread. In addition, several industry experts recommend diversifying the FSI concept with infrastructure as the main factor. Authorities often slow the city's expansion into the suburbs and reduce transportation costs, which would lead to a drop in property prices due to the availability of more and more apartments.

The Greater Hyderabad Municipal Corporation is currently responsible for finalizing the FSI rules in Hyderabad. Skyscrapers in particular often have a free FSI. This is said to encourage real estate growth in the city of Hyderabad. However, according to building regulations in Andhra Pradesh, the built-up area is permitted in certain cases such as podium, stair-like buildings and towers with a higher FSI of up to 5.

FSI Premium in Hyderabad

In the city of Hyderabad, the government agency has now lifted all FSI restrictions. Specifically, skyscrapers receive a free FSI with no limits. This is intended to promote the development of more and more high-rise buildings in the city of Hyderabad. Therefore, the concept of the Premium FSI does not apply in the city of Hyderabad.

Change request for FSI changes:

Hyderabad follows an unlimited FSI where developers can build according to their choice. In India, Hyderabad is the only city with an FSI between 9 and 13 with an average between 6 and 7, while the national average varies between 2 and 2.5. Now the developers in Hyderabad are requesting the government to change the FSI rules as the unlimited FSI makes the services available inadequate. Many localities in the western corridor of Hyderabad are faced with construction problems with limited open spaces which, among other things, put pressure on the urban infrastructure, e.g. However, the government's decision to change the FSI rules is still pending.

FSI or FAR in Lucknow

It could be a builder or a person in Lucknow who wants to build a house or building on land. Either way, you should know the FSI laws in your city. The Floor Space Index (FSI), also known as the Floor Area Ratio (FAR), is the maximum area on a piece of land that you can use for construction. This value varies by city and is usually set by the local council.

The Land Area Index in Lucknow is calculated as shown below.

The total construction area on different floors / The total area of ​​the property in square meters

The built-up area includes all basic structures, including terraces, balconies, basements and stairs.

The value of the Floor Space Index in Lucknow also depends on other factors including:

The type of building

The total size of the property

The size of the streets surrounding the property.

The availability of essential factors such as sewers, running water and electricity.

Importance of the FSI

FSI is very important in crowded cities like Lucknow to manage traffic jams and ensure urban resources are evenly distributed. Most cities want to dedicate a percentage of the area to public spaces such as parks and streets. Without the restrictions of the FSI, these cities will be filled with buildings. The Floor Space Index in Lucknow also helps control the growth of vertical buildings and prevents people from struggling for services like water and electricity.

When the FSI value is high, the graph value is also high. Most people buy land in high FSI areas to build commercial or residential buildings and rent or lease them.

Land area index in Lucknow

According to the Lucknow Development Authority (LDA), the average area index in Lucknow is between 1.25 and 1.5.

Before 2016, the LDA stipulated a minimum land size of 2000 square meters for the construction of apartments. However, since 2016 the minimum land requirement has been reduced to 300 square meters. Since then, several smaller apartments have been created in the city.

Affordable area ratio in Lucknow

Lucknow is undoubtedly increasingly congested and there is a lack of housing for the growing population. As a result, the Ministry of Housing and Urban Planning, Uttar Pradesh, proposed an option for an affordable area ratio. Accordingly, anyone who wants to build buildings that exceed the acceptable FAR levels in that area can purchase additional FARs depending on their location.

The fee for the acquisition of the additional area index in Lucknow is calculated as follows.

Freight (C) = Le X P X Rc

Le - additional floor space required (in square meters) X 100 / actual FAR

P - purchase factor

Here are the purchase factor limits for different buildings:

Housing - 0.40

Commercial - 0.60

Community and social facilities - 0.15

Rc - Current housing price for the land as set by local government agencies.

Standard residential buildings and industrial buildings cannot use the additional area that can be purchased.

All in all, the area index is an important factor that determines the growth and livelihood of any city. If the FSI is too high, the city will fill up with people without enough space to relax or to commute. If the FSI is too low, there would be difficulty accommodating people. For this reason, the Lucknow Development Authority carefully monitors the growth of buildings and the proportion of the population and regularly makes relevant changes to the area index in Lucknow to ensure that the areas are used correctly.

FSI for Navi Mumbai

FSI, or Interfloor Spacing Index, is a term you hear a lot in real estate. It is the upper limit of the built-up area that is permitted on a given plot of land. It is determined by the local authorities in each state. When buying a built-up property, you need to know if the building you are buying meets the FSI limit in the area. This parameter can also be referred to as the FAR or floor area ratio.

FSI = total building area / total land area

You need to consider the built-up area, not the carpeted area which is often referred to when buying homes. Auxiliary components in construction are often excluded from the calculation of the permitted built-up area. Electric cabin, basement for parking, main staircase for access, open pool, escape routes, flower beds and others are not part of the FSI calculations. Depending on the size of the apartments in the building, a social office, gym and other amenities are also excluded from the calculation.

If you want to understand the value of the FSI or the Interfloor Spacing Index in Navi Mumbai you need to keep in mind that the area you choose, the type of property being built, and other considerations all play a role.

The FSI value approved by Navi Mumbai Municipal Corporation is based on the General Development Control Regulations (GDCR) of 1975.

Village parcels still form a significant portion of Navi Mumbai's real estate and are known as gaothans. The FSI values ​​vary for parcels inside and outside of congestion areas.

Due to repeated inquiries from local residents and real estate companies, in late 2009 Navi Mumbai Municipal Corporation began approving 1.5 FSI for residential units in areas where the access road is at least 15 m wide. Local councils came up with these numbers based on the population of certain sectors and that is the reason for the different values ​​of the ISF in different parts of the city.

Current regulations for CIDCO buildings during renovation or reconstruction

The distance index between the floors calculated by Navi Mumbai corresponds to the GDCR 1975. Together with the 33 regulations, a new one was recently added due to repeated requests for renovation projects. This ordinance 34, which was adopted in 2015, primarily focuses on the incentives and permissible extensions of the FSI for the renovation of CIDCO residential complexes as well as of housing cooperative buildings. Building on this, the following FSI values ​​for house and house renovation are permitted.

In areas where the access road is narrower than 9 m, the FSI value can be funded with 50% or a maximum of 1.8 FSI.

Residential properties are often built with built-up areas that are slightly larger than the limit permitted by the FSI. In such cases, the client pays an FSI premium. This would be an additional fee to be paid for building a permit deviation. Check the GDCR for updated regulations or speak to your real estate attorney to learn about room size, balcony, and other requirements that must be met along with FSI calculations.

FSI or FAR in Bangalore

FSI (Floor Spacing Index), also known as FAR (Floor Area Ratio), is a term used in the real estate industry. It is defined as the maximum allowable area that can be used to build a parcel. The ratio between the area covered on all floors of the building and the total area of ​​the property is the formula for calculating the FSI. FSI or FAR is determined by the municipality or the municipal council of the respective federal state. Based on the National Building Code, the FSI standards are set. It is regulated according to the area of ​​the city, type of building, and other amenities.

                           FSI or FAR = area on all floors / area of ​​the property

In Bangalore, the FSI is calculated based on the parcel size and street size. It varies between 2 and 5 and there is no FSI variation for residential and commercial parcels. Bangalore has TOD (Transit Oriented Development) regulations in place to determine the FSI for parcels. In 2019, the Bangalore Metro Rail Corporation LTD (BMRCL) proposed increasing the FAR to level 5 for residential and commercial buildings near the transit corridors of the BMTC buses, the Namma Metro and the planned 161 km long S-Bahn. In order to drive vertical development and create a new approach to urban development by integrating land use and transport, the FSI in and around the transit corridor has been increased to 5. Based on their proximity to the transit corridor, TOD has divided the locations into three zones, namely:

Intensive zone: 500 m on each side of the transit corridor

Standard zone: 500 m to 1000 m on both sides of the transit corridor

Transition zone: 1000 m to 2000 m on each side

The FSI for the intensive zone has been increased by 50% and for a standard zone by 25% for plots of more than 1000 m2 on a street with a width of more than 18 m. 20% increase in FSI for lots less than 100 m2 on a street less than 18 m wide. The existing and modified FSI according to the DOT policy proposed in Bangalore -

In 2019 the government of Karnataka lifted the FAR rules for selected common areas for high quality residential and commercial real estate projects. Electrical substations or switchboards, generators, air conditioning systems, pump rooms, waste disposal systems, security rooms or video surveillance and fire control rooms are some of the common areas that are exempt from FAR rules on large real estate projects.

FSI Premium in Bangalore:

The government charges a certain amount, the so-called FSI fee, for the construction. If a client wants to build a building above the FSI limit, the municipality allows this for an additional fee, the so-called FSI premium. The developer can use this additional area (above the FSI limit) to provide additional amenities such as a balcony, private terrace and flower beds. In July 2021, the Karnataka government gave the go-ahead for the Premium FSI, which will allow developers and citizens to build 0.6 times more than the existing FSI. However, in order to apply for Premium FSI approval, the street width must be 9 meters in the areas marked as the impact zone.

Those who want a premium FSI should be prepared to spend 50% of the existing guide value (minimum value at which the property is registered) in order to use the additional space for other amenities. A Premium FAR permit is likely to be issued for the Namma Metropolitan Area and Peripheral Ring Road (PPP) in Bangalore.

All about the Market Value of Land in Gujarat

Jantri or Jantri of Gujarat Land Value Certificate is an essential legal document that clearly explains the land or building fee. This is the price set by the Gujarat government for one unit of the building or land. You can quickly check the Jantri fee online.

Real estate prices are regularly revalued by the Gujarat government. The market value certificate can be obtained online for a specific property at any time. Taking into account Gujarat government fees, property registration fees or stamp duty fees are calculated. Jantri provides detailed information on the value of a property in a specific area known as the Gujarat property market value.

The Jantri set was last revised by the Gujarat government in 2020 and you can check this on the official state website ( We will guide you in online Jantri price review in Gujarat.

How would you check the Jantri tariff online?

Prices are set depending on the location. So this ultimately depends on the location of the site. The value of the initial construction or land in a given area is defined as the Jantri rate. The Jantri rate is calculated based on the following factors:

The infrastructure of the area

The type of property structure

Specification and maintenance

The step-by-step guide on how to check the Jantri fee online:

Step 1: The first step you need to take is to register on the official website of the Gujarat Treasury Department After that, you need to select the Jantri tab on the portal homepage.


Step 2: You will then be asked to select the desired district from the displayed district map.


Step 3: Here you need to select the district and then fill in the required details such as taluk, village, survey number and land type.


Step 4: Finally, you should consider clicking the "View Jantri" tab to access prices.


How is Jantri reached through E-Dhara Kendra?

To obtain the Jantri through E-Dhara Kendra, follow the steps below:

First, fill out the application form to gain access to the Jantri in an E-Dhara Kendra.

Then you need to fill in all the necessary details like your personal details like name, home address, Aadhaar number, email id, father's name, mobile phone number and relationship with the owner of the property.

This should include details of the land such as the address of the land, the extent of the land, the survey number, and the hectares of land.

The required evidence must be submitted to the respective E-Dhara Kendra with the operator's application.

In the next step, the operator concerned creates your application for later use.

The Tahsildar concerned will process the application online and then conduct a routine field survey accordingly.

The Tahsildar, in charge of the poll in the Post, would finally issue the Jantri.

Steps to know the market value of land in West Bengal

The property appraisal certificate is a legal document that certifies all the necessary details of a property. Real estate valuation helps determine the market value of a property when selling or buying a property. Real estate values ​​vary from state to state. Here in this article we are going to discuss the process of obtaining a Property Appraisal Certificate for a property in West Bengal.


Why Do You Need a Property Appraisal Certificate?

A real estate appraisal is required for the following purposes:


A real estate appraisal contains all the information about a property, such as the exact size of the building or property, the construction details of a building and the market value of the property.


A possession


 A valuation report is required as security for taking out an education loan from a bank.


The real estate appraisal is required for income and wealth tax purposes. This is necessary for submitting the annual returns to the income tax office.


Applicable prices

The applicant is not required to transfer any amount as an application fee to obtain a property appraisal certificate in the state of West Bengal.


Required Documents

The following documents are required to receive a real estate appraisal:


Aadhaar number


Property tax certificate


Certificate of Shyness


Copy of the property owner


Voter identification


The online application process to find out the market value of a property in West Bengal

You can calculate the market value of land or real estate on West Bengal's official online portal. The steps are as follows:


Step 1: First visit the portal Calculating the market value of a property

Step 2: On the homepage of the portal you have to select the tab "Market value of the properties".

Step 3: As soon as the next screen appears, the page will open to determine the property's market value.


Step 4: You need to fill in the required information.

Step 5: Then you need to select the district, local body and Thana you want.

Step 6: To get the owner details you need to enter the Khatian number and the parcel number of the property.

Step 7: Now you need to fill in the property details like property types, property usage etc, land area and finally click on the tab "Show Market Value".

Step 8: Finally, the market value of the property is calculated and displayed on the portal's homepage.

Tnreginet Guideline Value Tamil Nadu @

Tnreginet - A one-stop-shop online portal created exclusively for Tamil Nadu citizens to apply for the Tamil Nadu benchmark, simplify the various registration processes and also use the services of the government.

What is Tnreginet?

Tnreginet, or Inspector General of Registration (IGRS) or TNREGINET, is a new web portal launched by the government of Tamil Nadu to help its citizens with various registration processes. The registration of marriage, country, birth, death, check, company, etc., which is normally associated with the tedious process of going to various authorities, is now greatly simplified.

With Tnreginet, you can do the above registrations from anywhere with just a few clicks. The portal also allows you to find the Tnreginet Reference Value in Tamil Nadu, request a Lien (EC), find detailed information on registration and stamp duty fees for different categories, and check the status of various documents / services in the state of Tamil Nadu.

What services does the Tnreginet portal offer?

The Tnreginet portal offers a variety of services in one place for the people of Tamil Nadu. These services include:

Registration of persons in the portal

Determining a person's jurisdiction

Apply for the Pfandbrief (EG) online

Registration for marriage, birth, death, country, signature and cash register

Apply for the marriage certificate online

Looking for benchmark Tamil Nadu

Request the company's certification

Online document registration

Check document status online

Online status check of the Pfandbrief (EC)

View Pfandbrief (EG) online

Calculate the value of the building

Find certified documents online

Looking for a partnership

Looking for a stamp seller

Looking for a document author

Finding the stamp tax calculation

Search for registered properties in Tamil Nadu

What is the benchmark value in Tamil Nadu?

The reference value refers to the estimated market value of the property according to government records. A reference value ideally reflects the actual market value of a property. However, in many cases it has a value less than the real market value and is sometimes higher than the market value.

The government of Tamil Nadu sets the values ​​of the TN guidelines for each area of ​​the state. In well-developed residential areas, the guide values ​​relate to the streets. For land / land that has not been converted into roads, the reference value is determined using the survey number of each land.

What is the significance of the benchmark in Tamil Nadu?

The benchmark is an important factor when buying land in Tamil Nadu. It also plays an important role in post-purchase property registration. This is because it is the lowest and best value that a property can be bought or sold for. He ensures that you get a guaranteed minimum value when you sell your Tamil Nadu property.

The reference value of Tnreginet Tamil Nadu mainly helps the registration officer to spot an undervaluation of the country in order to avoid registration fees. If the benchmark value of a property is higher than the market value, it is recommended that such cases be reported to the Assistant Inspector General for Registration, the District Registry Office and the Inspector General for Records in Tamil Nadu so that the inconsistency can be corrected.

The reference value helps to avoid fraud and corruption related to land transactions. It also helps people gain proper knowledge of land prices so they can value their properties accordingly. Ensures that no property is registered under TN's fixed reference value.

Where To Invest In Land in Lucknow

Lucknow is on the list of Fast Smart Cities published by the Department of Urban Development and is one of the cities where the real estate industry has seen significant growth over the past decade. An abundance of investment opportunities and a very competitive price range make this city a lucrative investment market for homebuyers. Hence, investors today are looking for the best places to buy land in Lucknow.

Lucknow has many investment zones where you can park your investment and see double-digit growth in value for years to come. The city benefits from a well-developed infrastructure, good educational facilities and modern shopping centers and malls.

With established developers building top notch residential projects, the city is evolving into a residential hub and a potential homebuyer has many options to choose from.

However, you can face a dilemma when choosing the ideal location to purchase a residential property. To make your job easier, we've compiled a list of top real estate agents with the top locations to get your next residential property at great returns. Read this blog to find out where and why to invest in packages in Lucknow.

Best places to buy land in Lucknow

Lucknow IT corridor

Lucknow's IT corridor is a stretch between Faizabad Road and Sultanpur Road that has become one of the preferred locations for property investors and builders.

The broker offers a variety of residential and commercial properties of various sizes and at affordable prices. Essential factors for the increasing demand from homeowners are the strategic planning, the excellent connections and the social infrastructure developed in most places in the corridor.

The Lucknow Development Authority (LDA) and RERA are the main authorities approving the parcels along the corridor. The corridor includes the following distinctive areas for residential parcels / land:

Indira Nagar

Shivaji Puram

Gomti nagar

Gomti Nagar extension

Sultanpur highway

Faizabad Highway

Shaheed path

The main driver of demand is the Gomti Nagar expansion area below the Lucknow IT corridor. It is a purely residential area with wide, well-connected streets and excellent connections via the Lucknow subway. The city is home to several government offices and is also known as a major trading center.

In addition, Charbagh Station provides rail links to the prominent location of the corridor, and the Munshi Pulia Red Line Subway runs along the corridor, connecting it to Chaudhary Charan Singh Airport.

In addition, the corridor has a prominent technology park: the IT city HCL and the proximity to other work centers such as the Jankipuram Biotechnology Park and the India Software Technology Park.

Airport corridor Lucknow

The Lucknow Airport Corridor is one of the most important real estate segments in South Lucknow. The corridor encompasses the Chaudhary Charan Singh International Airport, which is also the main attraction for the rapid real estate growth in the Lucknow Airport Corridor. Numerous residential and commercial properties in different ranges are available in different sizes and different price units. The airport corridor is a section that begins on Kanpur Road and continues to Raibareli Road.

The corridor includes the following distinctive areas for residential parcels / land:

Kanpur Road




New prison street

Raibareli highway

The main reason for investing in the locations of this corridor is the seamless connectivity via the Amar Shaheed Path, Kanpur Road, Raibareli Road and VIP Road. The metro line connects the airport corridor with the Lucknow IT corridor.

Places to buy plots for vacation homes

Buying vacation homes is a concept that is no longer so popular in western countries. The Indians quickly get used to the idea. There was a time when only the super-rich could afford such properties in this country. However, economic growth, better affordability, financial support, and the mindset of potential homeowners have fundamentally changed. That is why many today can buy land for holiday homes or a holiday home in a location of their choice and spend a good time there, away from work stress and everyday monotony.

Now let's get to the basics. A vacation home can be as small or as large as you want. If you plan to build a vacation home in the next five years, start by investing in a plot of land in the location of your choice. Once that's done, you can slowly start building fences, laying the foundations, and erecting structures if you can.

Some of the best vacation homes in India can also be used for vacation rentals and you can enjoy a good cash inflow all year round. This is something to consider when owning a package.

Choosing the right property is the biggest challenge here. However, don't worry. We have rounded up the best realtors in the country to buy the land / lots of your choice. These brokers have shown promising growth and the value of their properties will continue to increase over the years.

Jaipur-Delhi Corridor (popular tourist route)

If Jaipur is your preferred location then the Jaipur Delhi Corridor is one of the best places to buy vacation land. This is an exceptionally well designed, fast growing corridor in the southwest corner of the city. Places like Sodala, Kalwara, Mozamabad, Dudu and Bichoon are part of the corridor. This corridor is located along the 6-lane Ajmer Road Expressway and offers excellent connections to other parts of the state and abroad.

Mahindra Worldcity's Multi-Product Special Economic Zone (SEZ) is located below the corridor and extends over 1,500 acres. There are all kinds of industries in the EEZ, making them a treasure trove for economic development and employment.

Top Tourist Destinations: Tourist destinations such as Hawamahal, Nahar Garh, Akshardham Temple, Central Park and Amer Fort are within easy reach of this location, adding to the property value here.

Well-developed roads facilitate connectivity in the entire corridor. The pink line of the Jaipur metro connects the corridor with the rest of the city.

Package Price Range: Land / Package prices in the Jaipur Delhi Corridor start at Rs 947 / sq ft. There are a total of 13 locations from which to choose your vacation rental pitch.

Agra airport corridor (popular for Tajmahal)

Another very popular corridor where you can purchase vacation land is the Agra Airport Corridor. This is a great place to build vacation homes as it is close to the timeless Taj Mahal.

This corridor is located on the southern tip of Agra and includes Kaulakha, Rohta, Gwaliyar Road, and Shamshabad Road. This rapidly growing residential area offers good roads, access to markets, shopping malls, educational institutions and hospitals.

Main Tourist Destinations: Tourist hotspots such as the Taj Mahal, Agra Fort, Amar Singh Gate, Anguri Bagh and the Great Gate are less than 10 km from the corridor and this makes the place an amazing investment for land to build vacation homes.

The 33 km long Agra Ring Road has 4 lanes and starts in Rajpura Jhat and continues to Rohta. This is a great addition to the corridor. Pandit Deen Dayal Upadhyay Airport is also around 10 km away. The Agra Metro II corridor line is underway and is expected to dramatically increase prices for residential packages.

Package Price Range: Land / package prices in the Agra Airport corridor start at Rs 667 / sq ft. Most of these lots are in existing residential floor plans and add security to your vacation home.

Mathura Road Corridor Faridabad (close to Gurgaon, Mathura Vrinadvan)

Mathura Road corridor starts in Ballabgarh and goes all the way to Barsana and is currently one of the closest corridors and the best vacation homes in Uttar Pradesh. This corridor is considered quite elitist, thanks to well-established residential complexes, booming commercial establishments, and its proximity to the state's religious attractions.

The locations included in this corridor are Palwal, Mathura, Dholagarh and Ballabgarh. The NH-44 runs the length of the corridor and offers great connectivity. If you want to build a vacation home for your own use or rent it as an additional source of income, this is the best location.

Main tourist destinations: Tourism is the main source of income and employment for the people in the Mathura street corridor. Mathura, Vrindavan, the ISKCON Temple and Govardhan are some of the most important places in the country and are located around the corridor. People visit these places all year round and during the festivals the entire corridor is busy and productive.

There are also warehouses for major e-commerce brands and industries around the corridor. The Mohan Cooperative Industrial Estate is less than 12 miles away. The six-lane FNG motorway is under construction, which will soon drive up land prices in the region. The Mathura-Vrindavan local transport system is also currently an idea on the table. These are all infrastructural impulses for your potential vacation home in this corridor.

Package Price Range: Land / package prices on the Mathura Road corridor start at Rs 3167 / sqft down. If you are religious and interested in spending a lazy few days in a location that suits your spiritual needs, this is the perfect place to build your vacation home.

Where to Buy Land for Coffee Plantation in India?

The coffee industry in India has seen multiple growth over the past few decades resulting in exponential growth in its exports each year. The demand for Indian coffee has increased, especially for its sweet and sour coffee: arabica and robusta.

South Indian states like Karnataka, Kerala and Tamil Nadu are the top coffee producers, and Karnataka dominates the scene with a 71% share of total coffee production. As a coffee producer and exporter, India ranks third in Asia and sixth as the world's largest coffee producer and the world's fifth largest coffee exporter.

India's total coffee exports in fiscal year 2018/19 were $ 836.85 million, representing 3.14% of global coffee production. Almost 70% of the coffee produced in India is exported and only 30% of the product is saved for domestic consumption.

The main importers of coffee from India are Germany, the Russian Federation, Belgium, the United States, the United Kingdom and Turkey. Popular Indian coffee varieties, namely Arabica and Robusta, are grown in the rich and diverse region of the Eastern and Western Ghats under nature's dense canopy of leaves.

Popular District / Leading Cities in Coffee Production

Coffee is mainly grown in the predominant mountainous regions of the southern states of India, namely in Karnataka, Kerala and Tamil Nadu. In Andhra Pradesh and Odisha, as well as in the regions of the "Seven Sister States of India", several non-traditional areas are under development. Here are the three main cities / districts that dominate the coffee production market in India:

Coorg, Karnataka

Coorg is Karnataka's largest coffee-growing area with miles of coffee plantations that grow the two popular varieties of Arabica and Robusta coffee. As a region of biodiversity, the soil here is rich in nutrients and has tons of water resources, including rain. Skilled jobs, lush green foliage, well-drained soil and road and rail links are major contributors to the growth of Coorg's coffee industry.

Chikmagalur, Karnataka

As the birthplace of coffee in India, Chikmagalur is another important district with many renowned and local coffee producers. Here, in the hills of Baba Budan Giri, the Muslim pilgrim Baba Budan first planted coffee plants in his garden. The coffee industry in Chikmagalur is thriving due to its robust connectivity, availability of skilled labor, high altitude coffee growing land, good rainfall and ideal climate.

Wayanad, Kerala

Wayanad is located in the northeastern part and is the largest coffee producing district in the state of Kerala with a share of a whopping 90% of the total coffee production of Kerala. In this subtropical region, coffee is mainly grown at high altitudes that are ideal for growing arabica coffee. Numerous factors contribute significantly to a healthy coffee harvest, such as marginal farmers, skilled workers, a strong infrastructure and rich soils in the region.

Points to Consider Before Buying Land for a Coffee Plantation

The cultivation and sale of coffee require other criteria in addition to the specific soil, topographical conditions and climate. Here are some criteria to consider before choosing land for a coffee plantation:

Growing Conditions: Coffee grown in India is mainly grown under a shaded canopy, and the method commonly used is two levels of shade. The intercropping method is used for this, in which coffee is grown together with spices such as cardamom, cloves, cinnamon and nutmeg.

For Arabica, the ideal climatic conditions should include a temperature between 15 ° C to 25 ° C and 20 ° C to 30 ° C for Robusta, with rainfall between 60 and 80 inches. Adequate irrigation arrangements are required when rainfall is less than 40 inches. Temperature is considered a critical issue, and fluctuations that are too large can damage coffee production.

Soils in regions with 15 ° to 28 ° are ideal for growing a healthy coffee crop. Strong climate and heat fluctuations can damage coffee growing.

Topographic conditions: Coffee is mainly grown at high altitudes with hills and slopes. For Arabica, an elevation between 1000 meters and 1500 meters above sea level is ideal, and for Robusta, 500 meters to 1000 meters above sea level is ideal.

Both types of coffee are grown in well-drained soils that promote rich organic matter and improve the acidity of the coffee to a moderate level.

Location: When the country's location is closer to the main coffee-growing areas, it becomes easier to grow coffee. From both a growing and a commercial point of view, the developed transportation infrastructure, market, manpower, experts and various other services will be readily available compared to the new emerging locations.

Supply chain infrastructure: Established infrastructures such as roads, highways, railways, and other modes of transport make a significant contribution to the growth of the coffee business. Better supply chain infrastructure will help reduce the daily harvest and business needs of the plantation.

Skilled workers and manpower: A coffee plantation requires manpower and workers who are familiar with the coffee harvesting processes. Whether dry or wet processing of coffee, qualified workers are always required in sufficient numbers. Before buying the coffee earth, it is necessary to carefully analyze the labor demand and its supply. Few regions like Coorg and Wayanad also receive migrant workers during harvest time.

Coffee Production Costs: The cost of planting, maintaining, and harvesting coffee production on a coffee plantation must be considered before purchasing the land. Aspects such as the availability of labor, means of transport, fertilizers, medicinal plants, buyers, market, roads, etc. should be taken into account. Remote locations with scarce resources will increase the overall costs of coffee production and maintenance.

Government programs: Few state governments have implemented various programs to promote coffee production and coffee export in their region. For example, as part of the Malabar Coffee Project in Wayanad, the government of Kerala has introduced various programs to encourage and support small and marginal coffee producers.

Recent trends and return on investment (ROI) potential

The general price at Coorg and Madikeri in Karnataka ranges from Rs. 115 to 919 per square foot. The price range in Kerala is between Rs. 80 to 1,148 per square foot. In Karnataka, the price of land for a 1 acre coffee plantation can be between 15 and 24 lakhs. Due to various government programs to promote coffee production and coffee export, the recent trend is in favor of coffee plantations. Due to increased demand, prices have risen regularly, which offers a good return on investment.

The average return on investment of a coffee plantation is between 4.5% and 6.9% per year. Due to the increased demand for Indian coffee from Italy and other countries, land prices per hectare have increased in Coorg, Wayanad, Chikmagalur, Yarcaud and Kodaikanal.

Things to consider before buying gated community plots in Hyderabad

Property buyers in the metropolis have always looked for safe investment opportunities that guarantee both the security of their money and a good return on resale. Lately, buying a plot of land in Hyderabad in a residential complex has become a new fad as it is considered safe, convenient, better and independent (as opposed to housing) at the same time.

Residential land allows people to build their houses according to their needs, but with various community facilities such as security, clubhouse, supermarket, park, etc. But as we know, investing in land in Hyderabad involves a large investment amount that is carefully considered got to. Therefore, before closing the Hyderabad real estate deal, a thorough inspection and careful consideration is a necessary task.

Before buying a plot of land in a residential complex in Hyderabad, two general aspects should be carefully considered, namely from a return on investment perspective and from a verification perspective.

From a return on investment perspective


Accessibility becomes an important factor in determining property value in Hyderabad. A plot of land in a gated community in Hyderabad that is easily accessible becomes more valuable and ideal. The connection to the main thoroughfares of the city and the daily mobility with public and private means of transport have to be comfortable. In addition, the accessibility of the main cities of Hyderabad should also be considered before buying a plot of land in Hyderabad.

Pleasant life experience

Housing in remote areas with minimal or no civic facilities is not only less desirable but also presents great difficulty in performing day-to-day duties. At the same time, a residential complex surrounded by good public facilities such as shops, hospitals, schools, bus stops, shopping centers and markets offers a comfortable living experience. Plots in a residential complex in Hyderabad that make life easier add real estate value.

Location advantage

The location advantage describes the location of the residential complex in Hyderabad. If a gated community is in a prime location in Hyderabad, it will not only be expensive, it will also offer higher returns in the future. Packages on the outskirts of Hyderabad may be cheaper, but due to factors such as access to key areas, public facilities, and public transportation, they may take some time to be appreciated. The developed areas of Hyderabad can also have an advanced infrastructure compared to the outer areas.

Property value

The available parcels in a gated community can cost a little more than normal land outside a community. A property in the center of Hyderabad or in a posh area also has a higher price. Land in a residential complex in less developed areas can be cheaper. Also, buyers should first check the prevailing price of freestanding land per square meter in a given location. If the price per square meter in the residential complex is higher than the prevailing market price, he / she needs to analyze what additional benefits he / she will get from the community.

In addition, the above-mentioned points such as good accessibility, communal facilities and location advantages increase the value of the parcels in Hyderabad in the long term.

Facilities offered

Some Hyderabad residential complexes offer additional facilities such as 24x7 security, well-built boundary walls, parks, coal tar road, clubhouse, shops, etc. These additional facilities add to the value of the property over the long term.

Some of the most popular places to buy land in Hyderabad

Some cities in Hyderabad have seen overwhelming growth in the gated community segment. Here are some popular locations that have seen positive property growth, especially in the residential parcel segment.

Kollur, outer ring

Located on the Nehru Outer Ring Road (ORR), Kollur is a well-planned, up and coming suburb. As a hotspot for planned developments in Hyderabad, the location promises a future-oriented physical and social infrastructure with good connections to the main areas of Hyderabad.

The ORR provides Kollur with a seamless connection to Rajiv Gandhi International Airport, which is 40-45 minutes away. The closest train station to Kollur is Nagalapalli Station, 4 km away. Renowned educational institutions such as Birla Open Minds International School, ICFAI Business School and Indus International School Hyderabad are located near this area. Work centers such as Gachibowli, Hitech City and the financial district in Hyderabad are within easy reach from this location.


Medchal is growing rapidly and is a busy satellite city popular for the Hyderabad land. This place is under the supervision of the Hyderabad Metropolitan Development Authority. Medchal has a developed social and physical infrastructure with many public facilities such as shopping malls, schools and hospitals. Medchal Railway Station, Bus Station and Nehru Outer Ring Road (ORR) provide strong links from this area to other popular areas in and around Hyderabad.


Sangareddy is an affordable residential area located on the north side of Hyderabad. Sangareddy has several well-planned housing developments as well as numerous upcoming housing projects. This city, adjacent to the NH-65, is surrounded by areas such as Rangareddy, Medak, Mechal and Kamareddy and is well connected by ORR. Several elite health and educational institutions such as the Indian Institute of Technology Hyderabad (IITH), Sri Chaitanya Techno School, and Sri Sai Raghvendra Multispeciality Hospital are located here.

Shankarpalli Street

Shankarpalli Road runs along the northwest corridor of Hyderabad and has seen an exponential increase in the demand for parcels in Hyderabad. The social and physical infrastructure is well developed due to its proximity and quick access to major work centers such as the Nanakramguda and Manikonda financial districts. Shankarpalli Railway Station is only 5 km away and Rajiv Gandhi International Airport is 34 km from this area which is accessible via the ORR. Schools, shopping malls and premium hospitals are easily accessible from this location.

Doing a thorough homework before completing the Hyderabad property and entering the real estate transaction will help avoid many unforeseen expenses and legal troubles. No matter how trivial a document may seem, verification not only secures the buyer's interest, but also increases the value of the Hyderabad property. An in-depth analysis and detailed examination ensure a higher return on investment, peace of mind and investment security.

Important documents for review

Ownership title

Before buying a property in Hyderabad, a list of documents should first be checked. It is important for the buyer of a plot of land in a residential complex in Hyderabad to check whether the seller has the right to the property or not. When purchasing a package, a buyer must first perform due diligence and have the title checked at the deputy registry office. In the case of different owners or several owners, the relevant permits, the signatures of the sealed obligations and the permits in connection with the legal interest must be available to the seller.

Pfandbrief (EG)

A Pfandbrief (EC) is a legal act that confirms that the land sold is free from legal sanctions and litigation. It also ensures that there is no financial liability in the form of a mortgage or loan. A buyer of packages in Hyderabad should always obtain a copy of this certificate from the seller.

Tax bills

In addition to checking other documents, invoices and property tax documents should also be checked. The buyer of a package must verify that property tax has been paid and is up to date.

What is Market Value of Land (or Guidance Value)?

The market value of the property or the orientation value of a property is the estimated value of the property according to the records of the respective state government. Also known as the circulation rate in some states, it is the minimum value at which the sale of a property can be registered with the state government. These records are kept by the Department of Seals and Registration of each state, which also publishes the indicative or market values ​​of the property's land each year.

The orientation value serves as a direct calculation value for the terrain. The market value published by the Department of Stamps and Registration varies from year to year and from one location to another and is based on several factors. It can even vary between different constructions within the same location.

Does the market value or orientation value of the property always increase?

Guide values ​​are one of the most profitable sources of income for a state government. However, that does not mean that the market value will continue to rise. A change in the orientation value has immediate and immediate effects on the change in value of a property. A higher orientation value means an increase in the market value of the property, while a decrease in the orientation value means a decrease in the market value of the property. However, the benchmarks are not coincidental or tied solely to market demand; it is based on the research and study of a number of factors, including factors such as the development of an area.

The Stamp and Registration Office tries to keep the current price of a property as close as possible to current market prices. This is to avoid all cash and black money transactions that could potentially affect the revenue of the state treasury, since property taxes make up a significant part of the state government's income. Some state governments have already asked their city councils or corporations to levy property taxes on the basis of the market values ​​of real estate instead of the "standard area" value calculation.

Different conditions for the market value of land

While "target value" is one term that will be understood and used by most, there are other terms that are used to refer to the same value. Some of the other terms used in place of "conductance" are "land market value", "conductance", "billable rate or RR rate" which is primarily used in Maharashtra, and "county rate" which is a term used in northern India and in particular used in major cities such as Delhi and Noida.

Facts You Should Know About Land Market Value

Since market values ​​are based on studies by the state government and are more of a scientific nature, the market value denotes the lowest value for which a property in an area should be sold. The benchmark is the minimum amount that a property can be registered for in a given location and therefore not sell the property below market value. This guarantees the seller a minimum sale price.

Even if a person purchases property at a price lower than the state government's benchmark, that person must register the property at the market value set by the government and pay property taxes based on the value of the local market.

If, on the other hand, the buyer has acquired the property at a higher value than the market value set by the state government, he is responsible for registering the property at its actual value and paying taxes on the purchase price of the property.

The terms used to describe the indicative value of a property vary from state to state. So don't be surprised if someone from another state doesn't understand the terms you are using.

The guideline values ​​apply to all types of real estate within a locality. The property can be an agricultural land, an apartment in a gated community, an independent villa, a parceled urbanization, etc.

The guideline values ​​are based on the level of development of a property. A property in a well developed location will have a higher orientation value than a property in a less developed location or a location in an early development phase.

While market values ​​from state governments based on studies etc. A buyer cannot force a property owner to sell the property at the benchmark set by the government.

The benchmark is an important factor in a state government's revenue as it determines the stamp paper tax, registration fees, and property taxes for a property.

How to use the reference value or market value of land: an example

Arun wants to buy a property in JP Nagar 8th phase of Bangalore. For example, suppose the property in question is in a location in the initial stages of development and the market value of the properties in that location is currently Rs. 6,500 per square foot, but it is negotiable; and that the benchmark set by BBMP at that location is Rs. 5,000 per square meter. To avoid black money speculation, the law requires Arun to register the property at the negotiated market price rather than the benchmark value of the property, i.e. Arun will purchase the property for an amount between Rs. 5,000 and Rs. 6,500 per square foot

On the other hand, if Arun bought the property for Rs. 4,000 per square foot, than the benchmark was Rs. 5,000 per square foot, then Arun must register the property for Rs. 5,000 per square foot rather than Rs. 4,000 per square foot as the minimum sale price as stated in the benchmark of the properties at this location was Rs. 5,000 square feet. This is to avoid profits from black money systems and to avoid losses for the state government due to undervaluation of real estate.

What is NPA (Non-Performing Assets) in Banking Terms?

The full form of NPA is Non-Earning Assets. NPAs are nothing more than loans granted by Indian banks and other operational financial institutions whose interest and principal amounts have been in arrears for some time. If we talk about a long time, it is 90 days or more than 90 days. Like any other business, banks should be profitable, but the NPA consumes a large part of the banks' margin.

Bad or distressed assets are not a desirable phenomenon in the Indian banking system. It's like a cancer killing the banking system in India in general.

The RBI has defined NPA in banking more precisely. According to the RBI Master Circular published in NPA, those listed below are counted as NPA.

In the case of a term loan, the installment / interest on an amortization loan remains overdue for a continuous period of more than 90 days.

1. An account is "Out of Service" with respect to a Cash Advance / Overdraft (CC / OD).

2. An invoice that is more than 90 days overdue.

3. In the case of short-term harvests, the repayment of a principal or interest would be delayed by two agricultural seasons.

4. In the case of permanent crops, the interest or main payments due for one growing season.

5. The cash outstanding for a continuous period of 90 days.

The different types of NPA

The different types of NPA are:

Substandard NPA - That particular NPA that is past due for less than or equal to 12 months.

Doubtful NPA: This NPA remains in the Inferior NPA category for 12 months or less.

Loss Claims: Loss claims occur when the NPA is recorded as a loss at the bank or financial institution after review by the Reserve Bank of India (RBI).

Procurement standards

The reserve rules are set by the Reserve Bank of India and are the same for all banks in terms of NPA. They can vary to some extent depending on the NPA category. These are the following:

10 percent of the applicable provision for the entire unpaid amount without making any kind of budget for the securities or other government guarantee coverage.

The NPA that falls into the deficient category would add an additional 10 percent coverage, making a total of 20 percent of the total outstanding amount.

The preliminary need for a questionable or unsecured NPA is given as 100 percent.

Factors Contributing to Distressed Assets (NPA)

Factors that contribute to distressed assets (NPA) are as follows:

Bank loans to companies / private individuals etc. whose creditworthiness is not guaranteed and who take many high risks.

Banks cannot mitigate their losses by fully understanding the bank's adequacy with respect to the loan or loss of capital over a given period of time.

The funds are redirected elsewhere by the company's promoters.

Banks trying to fund projects that are unsustainable.

There are inadequate means of collecting and distributing credit information among commercial banks as well

Inefficient debt collection from defaulting borrowers.

Operations Impact of NPAs

NPAs have a worsening impact on the banking system.

This reduces the banks' profits.

This reduces the equity base of a bank or a financial institution.

Banks have become cautious about lending and are taking zero percent risks. Therefore, the creation of new loans is prohibited.

Banks are starting to focus on managing credit risk rather than making the bank profitable.

The funds have costs due to NPA.

Preventive measures are being taken to prevent APN

Preventive measures taken by banks to keep more loans from falling into the NPA category include:

Take an individual / company's CIBIL score before loaning or financing the individual / company.

An obligation or use of the various billing models.

Use mechanisms for alternative dispute resolution mechanisms to reach settlements faster, such as the use of debt collection courts and Lok Adalats.

The information of the defaulters must be actively disseminated so that they cannot opt ​​for other loans / finances from other agencies.

Use of the services of the Asset Reconstruction Company.

Adopt tough measures against large NPAs.

Legal reforms such as the implementation of the bankruptcy and bankruptcy code are being used more and more frequently.

Using CDR - Corporate Debt Rescheduling.

Propose guidelines on diversion / non-payment of funds.

RBI is taking the latest steps to prevent APN

The main measures taken by the Reserve Bank of India to prevent NPA are as follows:

The lender community must adhere to strict deadlines for a resolution plan.

Lenders must be given certain incentives to accept existing resolution plans.

There should be initiatives to improve the current restructuring process, large securities restructuring, etc.

The future indebtedness of uncooperative borrowers with lenders must inevitably make it more expensive to process.

The sale of assets inevitably needs more liberal regulatory treatment.

In the event of a loss report, lenders must be able to spread the sales losses over at least two years.

Leverage acquisitions by specialist companies to acquire “companies in tension” must be approved.

The necessary measures must be taken to enable the Asset Reconstruction Companies to function better.

Sector / venture capital firms should be supported in playing a very active role in the stress market.

What is Kutcha House?

In fact, thinking about the facts about a Kutcha home will provide all of the necessary information you need to know. Kutcha houses are made of unburned clay, bamboo, flax, grass, crop residues, mulch, and bricks. These are unstable constructions such as buildings or apartments. Kutcha homes, which serve as apartments, are tailored to needs and can be converted into more sustainable or permanent buildings.

The resources needed to build Kutcha homes are most easily found in wooded areas and surrounding regions. Since the materials that are often used to build Kutcha houses are natural, they manage to keep people safe while avoiding unnecessary damage to the environment.

Kutcha houses are generally found in villages or rural areas where workers select them for temporary housing purposes. On the other hand, a Pucca house is an expensive endeavor and that is why many poor people choose a Kutcha house.

Different types of Kutcha houses.

Kutcha houses come in a variety of shapes and sizes. They can look different depending on the materials used for construction. However, they are temporary or semi-permanent structures that are prone to certain natural disasters such as hurricanes, floods, earthquakes, and various other environmental disasters.

Kutcha house: Meaning, Types, and How it is different from pucca houses

There are two types of Kutcha houses: useless and useful. Kutcha houses, which are made of strong adobe walls and thatched roofs, are considered useful. Unusable Kutcha houses are those whose roofs and both walls are made of materials such as twigs, hay, bamboo or reeds. Houses of this type are not very sustainable and absolutely need to be replaced from time to time. Depending on the climatic conditions in the region, they usually last a season or just a year.

What are the advantages of Kutcha houses built with clay?

There are currently more than 65 million houses in India that belong to the Kutcha category and are made of clay. While most of these indicate great poverty in the country and many economic constraints, there are some people who prefer adobe houses as they offer some good benefits.

While no better compared to Pucca houses, Kutcha houses have some advantages over steel and cement because Kutcha houses do not emit carbon when destroyed. Several people who live in urban areas surprisingly choose to live in adobe houses to protect the environment.

The additional benefits of Kutcha houses are as follows:

Some of the additional benefits of a Kutcha house are as follows:

A. Durable, Strong, and Disaster Resistant: When Kutcha Homes are stabilized, mud brick can be a strong and durable building material for walls and floors. This withstands floods and earthquakes very well over several decades without cracking. While Kutcha houses are built of adobe, they can be challenging during the rainy season.

These difficulties can be overcome throughout the construction process. To avoid any kind of damage, various stabilizers such as straw, wheat fiber, agricultural waste and gypsum can be used. Houses built with clay never dismantle very quickly because they are managed very effectively.

Know all about the DLC Rate

What is the DLC fee?

The full form of the DLC is the District Level Committee. This is the minimum rate at which the stamp duty and registration fee are charged. DLC prices may also vary by location, city, state, and have different names in different states. For example, in Maharashtra it is called the Ready Reckoner Rate. Some other names for the downloadable content rate are circle rate, targeting value, and unit rate. No stamp or registration tax transactions can be made below this minimum DLC rate at any location.

What is the country's DLC rate? How is it calculated?

The minimum percentage specified by the state government for any land transaction is the DLC land price.

For example, suppose the district-level committee rate in Jaipur is 50 lakh. And with a stamp duty of 5%, you have to pay 2.5 lakh. If the value of the property is 70 lakh, you must pay 3.5 lakh stamp duty. But if the property valuation is 40 lakh you still have to pay 2.5 lakh stamp duty as this is the lowest rate.

What is the example of the DLC rate?

The district-level committee or DLC fee is the minimum amount at which official paperwork is handled. For example, let's understand the DLC rate.

Two types relate to registration and stamp duty; the market rate and the DLC rate.

Example 1: DLC rate is higher than the market price

For example, let's say you've decided to buy a property with a market value of Rs. 7,000 per square foot and the DLC rate is Rs. 7,500 per square meter. In this case you have to pay the registration and stamp duty at the market price of Rs. 7,500 per square meter. You have to pay the registration fee and stamp duty on the DLC fee as it is higher.

Example 2: The market price is higher than the DLC price

Say you have decided to buy land or apartment and your district committee is Rs. 7000 square feet and the market value is Rs. 7,500 per square meter. In this case, the registration and stamp tax are paid at the market price, which is higher here.

Therefore, from the examples above, we know that it is not possible to register a property under the district committee fee.

How can we classify the different DLC rates?

There can be four different DLC tariff classifications: Residential, Commercial, Institutional, and Industrial. Now there could be a further subdivision into residential and commercial categories, i.e. inside and outside. The responsible authorities handle the DLC fees accordingly.

How are the DLC rates categorized?

Residential plots and real estate are categorized as premises that obviously and exclusively serve residential purposes. In fact, rental properties or guest houses can also fall into this category.

On the other hand, commercial properties and land are intended for commercial purposes. Places such as showrooms, retail stores, restaurants, galleries, multiplexes, cinemas, and restaurants can all be considered commercial real estate.

Facilities also include educational, medical, government, and community centers.

In this regard, it should be noted that the facilities are mainly industrial land and the land is registered under the Industrial Department of the Government of Rajasthan. Some examples of these properties are canteens and small cafeterias in factories and in various workplaces.

What is the indoor and outdoor DLC tariff?

The DLC rate is divided into two categories: Inland DLC Rate and Outer DLC Rate. The external DLC tariff applies to stamp duty if the property or property is along the main road. On the other hand, if the land or property is not on the main road, the inland DLC rate will be applied to the stamp duty. These apply to both residential and commercial properties.

How do the District Level Committee fees affect the real estate sector?

In order to stimulate the growth of the real estate market, the government of Rajasthan has decided to lower the stamp duty in the state. The stamp duty was reduced from 6% in 2021 to 4%. The cut was made to encourage homebuyers to invest more in residential property and offer additional benefits.

Do developers need a lower district committee?

According to the developers in Rajasthan, the district-level committee rate should be reduced by 30%. The rate rose from 10% to 17% in 2017. According to the promoters, the decision was taken without adequate and appropriate consultation of the representatives and resulted in a sudden imbalance in the market. According to their lawsuit, the District Level Committee's value is much higher than its true market value, leaving buyers disinterested in investing in home ownership. If the DLC price is higher than the actual price, customers will pay more than the actual market price for stamping and registration fees.

The government has taken the request into account in the Rajasthan budget for 2021-2022. Chief Minister Ashok Gehlot, the state budget assembly, cut DLC rates by 10%. It also lowered the flat registration fees from 6% to 4% up to Rs 50 lakhs.

What is the DLC fee problem area?

Suppose the buyer has an agreement on a price much higher than the DLC fees. In this case, an unholy alliance can take place. Both parties agree to do the deal at the lower stamp duty rate. The rest of the cost of the property is placed in a cash transaction to avoid high stamp duty. This increases the amount of black money in the market and creates an undesirable situation for the economy. Therefore, these cases can only be avoided by the constant review of the quota by the District Level Committee.

Top 5 preferred localities in Navi Mumbai

Navi-Mumbai: one of the best performing cities in 2019 in terms of real estate demand. Navi Mumbai is experiencing healthy real estate activity attracting end-user demand, supported by large infrastructure projects such as the Navi Mumbai International Airport, the Navi Mumbai Metro and the Mumbai Trans Harbor Link. According to PropIndex, the recently published residential report by Buyolp

Research, Panvel, Kharghar, Vashi, Airoli, Kamothe, Nerul, Taloja, Ulwe, Seawoods and Belapur are the top 10 most searched places in the fourth quarter of 2019.


Panvel is the preferred location for home buyers looking for homes in Navi Mumbai. The locality includes areas such as Panvel East, Panvel West, New Panvel, Khanda Colony, Karanjade, Adai, Chipale and the area along the Mumbai-Pune Expressway. Panvel's net present values ​​range from INR 4,230 to INR 9,850 per square foot. The proximity to the upcoming Navi Mumbai International Airport, together with other planned infrastructure projects such as the Navi Mumbai Airport Notified Influenced Area (NAINA), Trans Harbor Link, etc. are the main factors for reality. Real estate market in Panvel.


Over the past decade, Kharghar has become one of the top investment spots in Navi Mumbai due to a quiet and leafy neighborhood, several affordable CIDCO housing projects, a large golf course development and the closest subway that will connect Kharghar to Belapur and the industrial area Park in Taloja. In addition, Kharghar is home to some of the prestigious academic institutions such as C-DAC, NIFT, Bharti Vidyapeeth and ITM as well as many other engineering colleges, medical colleges, dental colleges, management colleges and international schools. Kharghar capital values ​​range from INR 7,000 to INR 10,780 per square foot.


Vashi, one of the two gates to Navi Mumbai, is also one of the most expensive and most developed cities in Navi Mumbai with sufficient infrastructure with schools, hospitals, banks, hotels, restaurants, shopping malls and commercial space. The village of Vashi includes the areas of Vashi, Turbhe and Kopar Khairane. Vashi net present values ​​range from INR 8,580-17,940 per square foot. Several companies including IT / ITeS, BPO, KPO, banking, chemical, industrial manufacturing, and others have offices in Vashi, making it an ideal choice for home buying workers.


Airoli offers a wide range of affordable to high quality apartments aimed at home buyers in all economic segments. Airoli has a good social infrastructure with schools and universities, hospitals, restaurants, markets and parks. It is also well connected to Thane and Mumbai by the Thane-Belapur Highway and the Mumbai Suburban Railway. Additionally, proximity to major work centers such as Mindspace Technology Park, Airoli Knowledge Park, Reliable Tech Park, TTC Industrial Area, and some MIDC Industrial Areas makes Airoli a convenient destination for homebuyers. The village of Airoli includes the areas of Airoli, Rabale and Ghansoli. Airoli's net present values ​​range from INR 9,300 to INR 14,080 per square foot.

Top 10 preferred localities in Thane

Thane-Kalyan and Dombivli are the most preferred due to their low prices and good connectivity.

Affordable residential units, excellent connections to various employment centers and planned infrastructure improvements are driving demand for residential properties in Thane. Areas such as Dombivli, Kalyan, Ghodbunder Road, Ambernath, Badlapur, Western Thane (near Teen Hath Naka), Majiwada, Kolshet, Vartak Nagar and Bhiwandi were identified by PropIndex, an index, as the most popular places in January-March 2020- Quarter rated apartment recently published by Buyolp.


Dombivli is a northern suburb of Thane town known for affordable housing developments and offering a mix of residential, industrial and commercial properties. The city of Dombivli has become one of the top options for middle-income buyers and affordable home buyers in Thane due to excellent social and retail infrastructure with schools and colleges, banks, hotels and restaurants, hospitals and shopping malls, and businesses. In addition, Dombivli enjoys the proximity and good connections to work centers in the industrial and commercial areas of Dombivli, Navi Mumbai, Kalyan, Bhiwandi and Mumbai. The net present values ​​in Dombivli range from Rs 4,200 to Rs 8,550 per square foot.


Kalyan is predominantly a residential suburb near Dombivli, which is known for low-cost housing projects preferred by low to middle income as well as budget home buyers. Kalyan has a large social and commercial infrastructure consisting of schools and universities, banks, hotels, hospitals and shopping centers; together with a good public transport infrastructure via Kalyan Dombivli Municipal Transport (KDMT) buses and a planned Metro Rail between Thane, Bhiwandi and Kalyan. In addition, Kalyan enjoys the proximity and good connections to the industrial and commercial areas of Dombivli, Thane, Bhiwandi, Ambernath and Ulhasnagar, which attracts employees to these work centers. The net present values ​​in Kalyan range from Rs 3,150 to Rs 8,100 per square foot.


Ghodunder Road is a 20 km long motorway that offers excellent connections to Mumbai and the adjacent suburbs of Mira-Bhayandar via the Eastern Express Highway and the Western Express Highway. The town of Ghodbunder Road has become a hotspot that attracts home buyers in Thane, thanks to adequate retail and social infrastructure with schools, hospitals, banks, hotels, restaurants, shopping malls and malls; along with easy access to work centers in Mumbai, Navi Mumbai and Thane. The net present values ​​of Ghodbunder Road range from Rs 7,200 to Rs 12,750 per square foot.


Ambernath is a suburb in Thane that offers affordable housing developments for intermediate buyers. Housing a MIDC industrial area; and the proximity to other industrial areas in Thane and Navi Mumbai, Ambernath attracts a large group of home buyers who are employed in these areas. In addition, a good social and commercial infrastructure as well as good connections via Badlapur-Katai Road, Kalyan-Badlapur-Road and Kalyan-Shil Road. MSTRC buses, along with a good frequency of automatic rickshaws operating in these areas, provide better connections to nearby work centers. The net present values ​​at Ambernath range from Rs 3,450 to Rs 4,900 per square foot.


Badlapur is a suburb of Thane and offers affordable housing developments for low to middle income homebuyers. The presence of the Badlapur MIDC industrial area and the proximity to other industrial areas in Thane and Navi Mumbai are increasing the demand for housing in the area. In addition, Badlapur has adequate public services and easy access via the central line Badlapur-Katai Road, Kalyan-Badlapur-Road and Kalyan-Shil Road. MSTRC buses, along with a good frequency of automatic rickshaws operating in these areas, provide better connections to nearby work centers. The net present values ​​in Badlapur range from Rs 3,150 to Rs 4,550 per square foot.

Western Thane (near Teen Hath Naka)

The Western Thane area, near Teen Hath Naka, is a prime residential and commercial location with low, medium, and high-end housing in the upper and mid-range, driven primarily by its proximity to Thane's commercial and social infrastructure, including schools, and Shopping centers. Due to its excellent connections to the eastern suburbs of Mumbai and the employment clusters in Thane such as the Wagle Estate and the Olympus Center (TCS), this area has developed into a first-class location in Thane via the Eastern Express, among others. Highway and LBS Marg. The net present values ​​in Teen Hath Naka range from Rs 9,150 to Rs 19,100 per square foot.


Majiwada is an upscale area in Thane that has included medium to high level housing developments in recent years. It is preferred by many home buyers for its excellent access to Mumbai and the industrial areas in Thane District via the Mumbai Agra Highway (NH3). BEST and TMT (Thane Municipal Transport) buses also operate to improve last mile connectivity within Majiwada. Additionally, recruitment centers that span multiple companies including IT / ITeS, retail, chemical, industrial manufacturing, and other offices in close proximity to Majiwada make it an ideal choice for home purchase workers. The net present values ​​at Majiwada range from Rs 8,400 to Rs 13,600 per square foot.



Kolshet is centrally located between Thane East and Thane West and offers connections to Mumbai, Bhiwandi and the western suburbs such as Mira-Bhayandar and beyond via the Eastern Express Highway, the Western Highway and the Ghodunder Road. Over the years Kolshet has evolved from an affordable residential area to an upscale location due to the growing preference of professionals for residential complexes. As a predominantly residential city, it has an excellent social and commercial infrastructure as well as frequent public transport. The net present values ​​in Kolshet range from Rs 8,850 to Rs 14,250 per square foot.

Vartak Nagar

Vartak Nagar is centrally located between Wagle Estate, JK Gram and Kapurbawdi. It has connections to Mumbai, Bhiwandi and the western suburbs such as Mira-Bhayandar and beyond via the Eastern Express Highway, Western Express Highway and Ghodbunder Road. Vartak Nagar encompasses a wide range of housing projects, from affordable housing plans to luxury apartments; due to the proximity and good connections to the employment offices. As a predominantly residential city, it has an excellent social and commercial infrastructure as well as frequent public transport. The net present values ​​in Vartak Nagar range from Rs 9,100 to Rs 15,150 per square foot.


Bhiwandi is known as a work city near Mumbai that includes several textile industries and owns the largest number of power looms in the country, as well as being a logistics center that houses warehouses for various e-commerce companies, retailers and others. In recent years, Bhiwandi has become a secular city with adequate civic administration and basic social and commercial infrastructure that is essential for residential living space. and thus attracts a large number of apartment buyers with low budgets as well as employees from the areas of transport, textiles and logistics. The proximity to the industrial areas of Thane, Mumbai, Navi Mumbai, Kalyan-Dombivli and Vasai-Virar as well as the good connections to these locations via railways and MSTRC buses have stimulated the real estate market in Bhiwandi. The net present values ​​at Bhiwandi range from Rs 3,400-5,850 per square foot.

Maharashtra land records and 7/12 Utara

In Maharashtra, land registry entries are collected through various village forms as prescribed in the Maharashtra Land Revenue Record (Preparation and Maintenance) Rules of Registration of Rights and Records (Preparation and Maintenance), 1971. These forms are held by the State Department of Revenue through a land clerk named Talathi. Talathi is entrusted with keeping a rights register by updating mutation entries, collecting tax revenues, collecting irrigation rights, etc.

These forms consist of several sections and columns that contain important information about various aspects of the land, including property, legal status, crops, cultivation, irrigation, occupation, taxes paid, etc. Therefore, understanding these village forms is essential for the various parties. including buyers, sellers, brokers, loan officers, etc.

Therefore, in this context, Village Form VI (Mutation Record), Village Form VII (Rights Record), Village Form VIII-A (Khatedar Tenure), Village Form XII (Record of crops) and the town ownership card can be recognized as one of the most important Land Register in Maharashtra. These were discussed in detail.

A. Village form VI (mutation register)

Village Form VI, or the Mutation Register, contains information about the Earth's historical records. Mutation refers to the transfer or change of ownership and ownership of the land. Therefore, this form shows historical changes in land ownership with details of previous owners, type of mutation, details of the mutation affecting the land, such as gift, inheritance, sale, mortgage, lease, exchange, division, injunction, etc. This document is also known as Pherphar Patra.

B. 7/12 Utara or Saat Baara Utara or extract 7/12 (registration of rights)

'7/12 Utara' or 'Saat Baara Utara' is a combination of two village forms, namely Form VII and Form XII. It is an extract from the land register of each district in Maharashtra. The State Department of Revenue maintains this document as a record of the claims. This excerpt is a comprehensive source of information about any terrain in rural Maharashtra. Provides important details about your physical location, legal status, ownership details, occupancy details, rights and obligations of owners, cultivation details, mutation number, pending credit details, pending litigation details, taxes paid or unpaid, plant species grown, acreage, irrigation details, etc.

The name of the extract, that is, 7/12 Utara, comes from two forms prescribed in Maharashtra's Rules for Registration of Rights and Records (Preparation and Preservation) of Land Rents, 1971. These forms are explained below:

Village Form VII - Displays the top of the 7/12 listing and is used to record property details, occupancy details, property details, owner's rights and obligations, landowner's account number, village name, taluka name, survey number, subdivision number, local Field name, mutation number and other similar details. This form is also known as the Adhikar Abhilekh Patrak or Register of Rights.

Village shape XII: denotes the soil of the 7/12 extract and is used to record the agricultural characteristics of the land, such as: This shape is also known as the Pikanchi Nondvahi or Crop Record.

The data collected on both forms is entered in the State Department of Revenue Registry of Property Records. And a 7/12 excerpt is issued to find out the details of a particular site. A copy of this declaration can be requested from the respective branch in Tehsildar. The document can also be obtained online from the Maharashtra Land Registry website, i.e. H. Mahabhulekh, to be retrieved.

Importance of the extract 7/12

12/7 The extract is a very important document, especially for a buyer looking to buy land in rural Maharashtra. As it covers a wide range of information, a detailed understanding of this document is essential for the various parties involved in a transaction.

The extract contains important details about land ownership and can also be used to get information about a country's ancestors. In addition, it also assures the buyer of the legal status of a property in relation to any pending claims, past disputes, or pending litigation.

It provides a full description of the agricultural aspects of the land, its physical identity, details of the crops grown, types of activities carried out on the land, etc.

It is to be presented to the sub-registry office in the case of a sale.

It is also required to present it in order to get loans from the bank.

In the case of civil law disputes, the court requires proof of entries in the land register. Hence, filing the 7/12 declaration is essential to meet this requirement.

Understand the components of the extract 7/12

Extract 7/12 is a detailed combination of village form VII and village form XII. Both forms are made up of several sections and columns, each of which represents a unique set of information. However, these contents and terms are mentioned in the national language Marathi. Therefore, it is of paramount importance for any interested party to have a thorough understanding of these components.

Below you will find a simplified description of the respective components of Form VII and Form XII:

1) Components of the village form VII:

Gaav Namuna Saat (Adhikar Abhilekh Patrak) - Village Form 7 (Registration of Rights)

Displays the header at the top of the 7/12 statement and is used to record property details, occupancy details, property details, landlord rights and obligations, landowner account number, village name, taluka name, survey number, subdivision number, local field name, mutation number, etc.

Gaav - place name

Displays the name of the city.

Tahsil or Taluka

It is the name of the subdivision of a district in which the country is located.

Bhumapan Kramank - examination number / intestinal number

Displays the survey number or land area number.

Bhumapan Kramankacha Upbhivaag - Subdivision of the survey number

It is the subdivision of a country's study number.

Bhudharana Paddhiti - occupational type

It indicates the type of occupation and is a very important column on the form. Individuals are classified as Class 1 inmates and Class 2 inmates.

Class I residents: people classified in this class can transfer the land to a person who is a farmer without the consent of the collector.

Class II Residents: Includes land purchased from tenants under the Bombay Agricultural Land and Tenure Act of 1948. Also includes land given by the government to persons of the caste and tribal categories listed as well as freedom fighters, members of the armed forces, ex-military. People who own land in this category are assigned to occupant class II. You may only transfer land with the consent of the collector.

BhogvatacharacheNaav - name of the owner or name of the resident

It refers to the names of the people who own the land as owners, co-owners, residents, government tenants, or tenants.

Mutation entrance

It is displayed as a circled numerical entry in the extract and comes from the mutation protocol (village form VI). The circled mutation entry shown here reflects the transfer of ownership / transfer of rights in a particular terrain through various types of mutation. Only one certified mutation entry can be recorded on the 7/12 extract.

Khate Kramank - account number

Displays the landowner's account number obtained from the Khate Pustika issued under the Khate - Pustika (Booklet) (Preparation, Issuance and Maintenance) Rules of Income from the Land of Maharashtra, 1971.

Kudanche Naav - tenant name

Refers to the name of the person classified as a tenant under applicable leasing law.

Shetache Sthanik Naav - Local name of the course

Denotes the name that is assigned locally to a field based on a specific shape, position, or other attribute.

LagvadiYogyaShetra - arable land

Describes the area that is suitable for cultivation.

Potkharaba (LagvadiYogyaNaslele) - Not farmland

Describes the area that cannot be built on or is unsuitable for cultivation. It is displayed in two categories:

Category A: includes an area of ​​non-arable land due to rocky terrain, land covered by drainage and land under construction, etc.

Category B: includes an area of ​​non-arable land due to areas reserved for public use, e.g.

Aakarni - rating

Include the amount of appraisal tax levied on the property.

Judi Kivva Vishesh Aakarni - Judi tax or special assessment

Represents the income paid by the person to whom the government cedes the land.

Itar Adhikar - Other rights

It contains important information about various legal or general obligations, including restriction on property transfer, owner obligations, lien, and other rights associated with property. It contains details of other claims, obligations, limitations and rights of third parties in connection with the property and should be read carefully before entering into any transaction. Therefore, this is an important section and should not be ignored when analyzing a 7/12 report.

2) Components of the village form XII:

Gaav Namuna 12 (Pikanchi Nondvahi) - village form 12 (harvest balance)

Refers to the header at the end of the 7/12 excerpt and is used to record the agricultural characteristics of the land, such as z, etc.

Varsh - year

Reflects the year the crop was grown.

Hangaam season

Indicates the time of year the crop was grown, such as Rabi or Kharif.

Pikache Naav - plant name

It refers to the name of the plants that are grown.

Pika Khalil Shetra - growing area

Displays the area of ​​land where the crops are grown. It is divided into the following categories:

Misr Pikache Ekun Shetra - Shows the total land area covered by mixed cultures

Ghatak Pike Va Pratyek Pikanche Shetra - Shows the land area covered by exclusive plants

Nirbhar Pikache Shetra - Shows the area of ​​land covered by refined plants

Padit Va Pikas Nirupyogi Asa Jaminicha Tapshil - Information about wasteland

Refers to information about vacant land and unusable land.

Paani Puravtyanche Saadhan - means of water supply

Provides information about the possibilities of water supply.

Jal Sinchan - Irrigated Water

Mention whether a land is irrigated with water or feeds on rain.

Ajal Sinchan - Waterless Irrigation

It means irrigating the land with a substance in the absence of water.

Jamin Kasnartache Naav - name of the breeder

Include the name of the grower other than the farmer, if any.

Shera observations

Add comments, observations, or comments.

C. Village form VIII-A


The village form VIII-A represents the possession of the khatedar, ie the owner of the land. Includes various details such as village name, taluka name, county name, land survey number, subdivision of survey number, land area, landowner's account number, land, amount of appraisal tax payable on the land. Holder, etc. This form basically helps to know the responsibility of each person when paying the lease of the property (tax). It is also known as the khatedar holding blade. The Form VIII-A can be easily downloaded online from the Maharashtra Land Register website called Mahabhulekh i.e. H. Maharashtra Bhumi Abhilekh, to be requested.

Plots on NH-1 corridor share proximity with industrial estates

The NH-1 North Delhi Corridor is a long stretch that starts from the northern tip of Delhi to Haryana, passes Sonipat and ends in Karnal. The entire route is strategically located on Grand Trunk Road (GT Road). The 20 km route from Burari to Narela is the Delhi region. Post Narela, from Kundli to Panipat, the 60 km long section is in Haryana.

The corridor is home to several industrial areas that attract investors and end users from Delhi and Sonipat. The property types available here include apartments, residential lots, and villas. The availability of land and upcoming infrastructure projects has led to a demand for residential properties and villas in this corridor.

Availability of the property

The plots in this corridor are available in Burari, Narela, Kundli, TDI City, Sector 35 Sonipat, Parsvnath City and CHD City, among others. Some of the featured developers with mapped developments are TDI Group, Ansal API Infrastructure Ltd, Omaxe, Jindal Realty, Express Builders, CHD Developers and others.

According to listings on Buyolp, the parcel sizes range from 50 to 500 square feet and cost Rs 5 lakh-Rs 3 crore. The parcels in the Delhi region are approved by DDA (Delhi Development Authority) and MCD (Delhi Municipal Corporation). The land outside of Delhi is under the control of the Haryana Urban Development Authority (HUDA). However, there are also individual parcels, unauthorized parcels, agricultural and Lal Dora land in the market. The title deeds of these parcels are often unclear and there are problems with credit sanctions and also in the land register.

Water and electricity in the Delhi area are available through the Delhi Municipality. Kundli does not yet belong to the Haryana community, so the developers provide the water. In Sonipat, HUDA offers water and electricity.

Up to 4 floors can be built in these floor plans. The width of the paths leading to the parcels varies between 12-24m. There are villas up to two floors with parking on stilts, although buyers prefer to buy land and build their own apartments for rent.


The main road that connects this corridor is GT Karnal Road. The Outer Ring Road (ORR) and the Kundli-Manesar-Palwal Highway (KMP) further improve road connections in the entire section. The expansion of the GT Road from six to eight lanes is underway.

Samaypur Badli on the Delhi Metro's Yellow Line is the closest metro station to cities in the Delhi area. New Delhi Railway Station is the closest at a distance of 18-20 km. Other major train stations in this corridor are Narela, Badli and Sonipat Junction. Local trains are an important mode of transport for commuters who work in the surrounding industries.

DTC bus stations can be reached from various points in this corridor. Indira Gandhi International Airport is more than 25 miles and an hour's drive away.

Social infrastructure

Some of the main schools in this corridor are Silver Oak Public, SD Public, New Happy, Sunrise International, TDI International, Bright Scholar, and Dr. MKK Arya Model. Hospitals such as ESI, Bansal Global, Maharaja Agrasen, Muni Maya Ram Jain, FIMS and the Ravindra Hospital are also located here.

Some of the most famous shopping malls in the corridor are the Ambience Mall in Rohini, the TDI Mall, the Kessel Grand Mall, the Ansal Highway Plaza, and the Omaxe City Mall. Aside from shopping malls, there are several markets like DDA Market in the Delhi area that cater to the daily needs of the residents. This corridor is also home to large water parks such as Splash-The Water Park, Adventure Island, and Just Chill Water Park.

Employment centers

The corridor houses industrial areas in Jahangirpuri, Badli, Kundli, Narela and Rai. These include small, medium and large steel, glass, chemical, food, plastics and manufacturing industries. The Netaji Subhash Place in Pitampura is also accessible from this corridor.

Next infrastructure

The planned 4.86-long metro project from Narela to Kundli, which will lead to the educational city of Rajiv Gandhi, should enable the metro connection to the other cities in this corridor.

The Rajiv Gandhi Educational City is a planned initiative in Sonipat to house educational institutions including universities, medical and technical colleges. The 111 km long RRTS (Regional Rapid Transit System) is planned as the Delhi-Sonipat-Panipat corridor.

Together with the Kundli-Manesar-Palwal highway in the Sonipat district, the Haryana government (HSIIDC) founds the IMT (Industrial Model Municipality), Kharkhoda. It is said to be one of the largest shoe parks in the region.

The Haryana orbital rail corridor project from Sonipat to Palwal will seamlessly connect this area with its neighbors and run along the KMP highway. The project is expected to be completed in 2023-24.

The corridor has growth prospects due to the many pending infrastructure projects. Affordability and road connections are the engines of this corridor. Connectivity can lead to more package buyers in this region, but given the presence of illegal packages, it is wise to do some legal due diligence before buying here.

Neharpar-Faridabad Corridor draws plot buyers from NCR

Neharpar, also known as Greater Faridabad, boasts of having wide streets and an established social and physical infrastructure. The presence of educational institutions and shopping malls makes it a perfect option for residential construction. The region includes newly developed areas such as Sectors 75-78, 80-82 and 83-89, which were included in the city's master plan in 2004-05. This area is well divided, with sectors 66-74 being for industrial use while sectors 75-89 are for residential development.

Strategically located between Greater Noida and Faridabad, these sectors are being developed with the aim of providing residential, commercial and office space to NCR residents.

This area is also being developed as part of the Smart City Mission of the Indian government. It meets the needs of midsize home buyers looking for affordable homes with open space and good connectivity.

In this area you will find several options for land, single family houses and other forms of living. Recommended developers here are BPTP Limited, Omaxe Limited, Puri Constructions, SRS Group and JMD Group.

Availability of the property

According to Buyolp, more than 20 percent of the properties on offer in this area are parcels. Several sectors of this corridor that provide the maximum number of parcels are sectors 75-89. The plots here are mainly being developed by private developers such as BPTP, Godrej Group, Honor Homes and Puri Construction. The residential lot sizes vary between 250 and 500 square meters.

The state government launched Deen Dayal Jan Awas Yojna: Affordable Parcel Housing Policy in 2016. All projects under this program must be completed within seven years from the date of approval.

In July 2020, the Haryana cabinet decided to lift the 15 hectare limit in order to obtain a license to develop colonies under Deen Dayal Jan Awas Yojna. This was done to aid the development of large colonies and to discourage unauthorized colonies.

Land in this area costs Rs 40 lakh-Rs 1.50 crore depending on the location. The parcels facing the main street with amenities such as a clubhouse, playground, water and electricity connections are serviced monthly and are also priced higher.

Prices vary based on developer, location, size, and proximity to major thoroughfares. Farmers sell agricultural land outside the sectors in the village areas. These parcels are 200 to 500 square meters in size. The prices for these plots can range from Rs 10,000 to Rs 12,000 per square meter, but banks do not approve loans for these plots. The recordings of such packets can also cause problems.

The District City Planner (DTP) enforcement authority recently demolished illegal commercial and residential buildings in the region. The demolition was carried out in villages such as Bhopani, Kidawali, Sahupura, Sunped, Kadarpur, Nachauli and Saroorpur. Buyers are advised to exercise caution when purchasing land that has not been approved by a government agency.

Plots within gated communities can also be found here. The width of the internal streets leading to the plots is 12-18 m, and the external streets around the planned settlements are 24 m, 45 m and 60 m wide.

Most parcel projects here offer a pile floor construction plus three stories. The approval authority is Haryana Shahari Vikas Pradhikaran (HSVP), formerly known as Haryana Urban Development Authority (HUDA).

The community provides water for two hours in the morning and at night. The Dakshin Haryana Bijli Vitran Nigam (DHBVN) supplies this region with electricity.


One of the main features of the Neharpar area is its connection with the ancient Faridabad. It enjoys easy access to the Delhi-Chennai Expressway via the Faridabad Ring Road. This helps residents avoid the national road and use this highway for commuting within Faridabad and the Neharpar area.

Kheri Road, Mata Amritanandamayi Marg, Azad Hind Marg, Maharshi Dayanand Saraswati Marg, Swami Vivekanand Marg and various sector roads connect the Neharpar region internally.

The Delhi Metro's purple line runs along NH-19 and Faridabad Ring Road. This helps residents to get to Delhi, Noida, Greater Noida, and other nearby regions. The nearest underground station is in Badkal Mor, around 4 km away.

IGI Airport is 42 km from this area and the nearest train station is the old Faridabad Railway Station, which is about 4 km away. Residents can easily travel to the surrounding areas using DTC buses and UP and Haryana motorway buses. The nearest airport to Jewar is approximately 32 miles from the Neharpar area on the Mohna-Baghpur Highway.

Social and physical infrastructure

Neharpar has several public and private schools like Delhi Public School, VB Public School, JRC Public School, BMR Senior Sec School, RVM School, Elizabeth Angel's Mission School, etc.

Hospitals such as Harmony Health Care, Arora Hospital, Raghav Health Care, Maharaja Agrasen, Janak Hospital are within 10 km. The area also has banquet halls, restaurants, cafes and cinemas.

Why plot buyers prefer these sectors of Faridabad-Neharpar corridor

This is the smallest group in the Faridabad-Neharpar Corridor, consisting of only three sectors: 80, 81 and 82, which are located next to Azad Hind Marg and Faridabad Bypass Road. These are residential sectors that have been developed in the Greater Faridabad region.

As a buyer, you will find a variety of property designs in and around these sectors. These parcels are owned and mostly approved by government agencies. It is advisable to opt for approved land, as bank financing is only possible on such land. You should also check the RERA number if you are buying from a project under construction that will have the facilities developed by the developer.

The property types listed on Buyolp include residential lots, apartments and building floors. Residential plots are in demand due to low prices and good connections, as well as an established social and physical infrastructure in the vicinity. There are around 40 package lists in this area. The parking spaces are available in sectors 80 and 81 in front of the Ringstrasse. The developments signed by private builders do not exist in these sectors. HUDA (Haryana Urban Development Authority) approved land is also available. Such land is bought by farmers, so registering and borrowing from banks can be problematic. You should conduct your legal due diligence on the property title to avoid future disputes.

The smaller plots are mainly in this area. According to Buyolp data, the parcel sizes range from 100 to 275 square feet and cost Rs 45 lakh-1.20 crore. However, the price may vary depending on the location of the plots, roads and other facilities. The parcels in Sector 80 are affordable compared to Sector 81. The width of the streets leading to the parcels in sector 80 is 12 m. In sector 82 the street width varies between 9 and 24 m, while some parcels are also present on a 75 m long road. 3-4 floors are allowed in these layouts. The internal streets here are not as wide as the main streets.

Corner plots and plots within closed residential complexes are offered at low prices. As there are no private development projects available in these sectors, facilities such as parking, swimming pool, electricity backup, etc. may not be available. Although the same can be found in nearby projects.

The real estate market in these sectors is well connected and well connected by the purple line of the Delhi Metro. Once the Faridabad-Noida-Ghaziabad (FNG) highway is completed, the area will experience improved connectivity. The train and bus network is operated from Faridabad Railway Station and the bus stops in the sectors. Indira Gandhi International Airport is over an hour away. The nearest airport, Jewar in Greater Noida, may be suitable for residents of the area.

Schools, hospitals and shopping centers are 3 miles away. Some of these are Delhi Public School, Emerald Convent School, Sarvodaya Hospital, Park Hospital, SRS Mall and Parsvnath City Mall.

The closest work centers are Faridabad Industrial Town, Ballabgarh Industrial Area and Mohan Cooperative Industrial Estate in Badarpur. These are 5-15 km and 30 minutes away from this group. The area is also well connected to the Noida, New Delhi and Gurugram work centers.

With upcoming infrastructure projects such as the Faridabad to Gurugram metro, the FNG Expressway and the soon-to-be-completed bridge in the village of Manjhawali, it is expected that they will not only shorten travel time to Faridabad but also have an impact on the Greater Faridabad region. If you are looking for affordable package options, these sectors in the Faridabad-Neharpar Corridor could be considered.

Faridabad Neharpar Corridor: Social infra and affordability drive plot sales in Sectors 83-89

Faridabad-Neharpar corridor is considered to be one of the closest places to Faridabad and has several options for packages of different sizes and prices. One of the conglomerates in this corridor that has a good number of package options is Sectors 83-89. The main benefit of buying in this region is that the plots are wholly owned by Haryana Shahari Vikas Pradhikaran (HSVP) and largely approved by Haryana Shahari Vikas Pradhikaran (HSVP), formerly known as the Haryana Urban Development Authority (HUDA).

Sectors 83 to 89 are mainly residential cities being developed in the Greater Faridabad region. These sectors are on the other side of Faridabad Ring Road, one of the main roads connecting old Faridabad to the nearby Neharpar area. This road is primarily used by residents of the sector to avoid traffic on National Highway-19. These sectors are located to the north of the Faridabad-Neharpar corridor.

Buyers will find several affordable package design options in these sectors. However, it is important to negotiate as there are price fluctuations in the offers of the plots. The developers are willing to negotiate if you can negotiate well. These sectors are a great option for those looking to buy land on a medium and affordable budget.

The location is one of the main drivers of these sectors as they are well connected by metro and roads. It's a 40-minute drive from South Delhi, 45 minutes from Gurugram, and the closest to Noida. The area borders the purple line of the Delhi Metro, which further improves connectivity. Faridabad level crossing is 8-10 km from the group. Kheri Road, Mata Amritanandamayi Marg, Azad Hind Marg and various streets in the sector provide internal connectivity.

Over 500 package lists in these sectors can be viewed on the Buyolp site. Of these, almost 226 packages are approved by HUDA and the Haryana Housing Board (HHB). The property types in the sectors bordering the Faridabad Ring Road (Sectors 86 and 87) also include apartments. However, the sectors away from the bypass offer the maximum number of packages.

According to Buyolp, the preferred parcel sizes range from 250 to 400 square feet and cost between Rs 50 lakh and Rs 1.40 million. Designs with sizes between 100-200 square feet are available in sectors 86 and 89, albeit in fewer numbers. Here you will find cheap and high-quality parking spaces. The width of the paths that lead to the parcels varies between 9-24 m and in some cases is 30 m and 60 m. Up to four floors can be built on the residential properties. These plots are also located in residential complexes and offer facilities such as parks, electricity and water supplies. Facilities such as a gym and a clubhouse are also available on the plots offered by the developers.

Most of the most important developers are represented in this group. Godrej Properties offer smaller plot designs of 100, 150 and 200 square feet in Sector 83. BPTP Limited has parcel projects called "BPTP Parklands" in Sectors 84, 85 and 88.

Sector 89 hosts several mapped developments such as The Retreat by TDI Infracorp Ltd, Honor Homes by Fidato Buildcon Pvt Ltd, and Puri Amanvilas by Puri Construction Pvt Ltd.

A well-developed social infrastructure includes schools, hospitals and shopping centers in the surrounding area. Schools such as Modern, Delhi Public School Greater Faridabad and KR Mangalam World are 3-5 km away and take 10-15 minutes. Numerous shopping centers and complexes such as Crowne Plaza, SRS, Parsvanath and Mall Manhattan are within easy reach. Major health institutions such as Sarvodaya, Park and Geeta Hospitals are 15-20 minutes away. The new Mata Amritanandamayi Math Amrita Institute of Medical Sciences and Research Center (Amrita Hospital) with 2000 beds is under construction in Sector 88.

The group shares proximity with the industrial city of Faridabad, which is 20-30 minutes away. Corporate towers like SRS, L&T Business Park etc. they are also close. The Mohan Cooperative Industrial Estate in Badarpur is closest at 8 miles and 20-25 minutes away. The area is also well connected to the Noida, New Delhi and Gurugram work centers.

The government of Haryana is proposing a subway route between Gurugram and Faridabad. The 31 km long subway line begins in Bata Chowk in Faridabad and connects the city center of Huda at Gurugram. IGI Airport is 42 km away, while the nearest Jewar Airport is on the Yamuna Expressway 51 km from the area.

Affordability and industries push plot sales in Rohtak Corridor

The corridor of Rohtak Road is, as the name suggests, on the long Delhi-Rohtak Road. Starting from Mundka in Delhi, the approximately 57 km long route reaches Rohtak and passes through a number of areas that testify to the demand for investments in plots. The Tikri border divides the Rohtak Corridor into two states: Delhi and Haryana.

The presence of affordable residential and commercial land attracts buyers. The region has an abundance of diverse industries such as steel, leather, plastic, footwear, clothing, agriculture, engineering, automotive, packaging, and manufacturing.

Availability of the property

Parking spaces are in places like Mundka, Jharoda Kalan, Tikri Kalan, Bahadurgarh (Sectors 2, 6, 9, 15, 37, Line Par, Shakti Nagar, Omaxe City), Sampla, NH-10, Jhajjar Road, Sonipat Road and. available Rohtak.

The residential lots are smaller in Delhi and Bahadurgarh than in Sampla and beyond. On your way towards Rohtak, there are many open areas and agricultural areas available along the main road.

The size of the residential parcels along the corridor varies between 80 and 500 square meters. These are available for Rs 18,000-50,000 per square meter. The plots for industrial use in Delhi are 400, 500 and 1000 square meters, in the price range of Rs 35,000-40,000 per square meter. The prices vary depending on the location and equipment.

In the Delhi area of ​​this corridor, illegal housing and Lal Dora land are common. These cannot be legally registered and function on the basis of a power of attorney. Lal Dora certificates are issued by the Delhi Revenue Department which is used to maintain water / electricity connections in a village.

HUDA and DTCP approved plots are available in Bahadurgarh. The developments signed by private builders have a higher price.

The residential lots in Sampla are affordable and present in the interiors towards the Sampla Gaon. Residential plots are sold without registration. Approved and unapproved plots are available beyond Sampla in the direction of Rohtak.

Based on Buyolp data, up to 4-5 floors can be built on these parcel layouts. Some of the plots are also available in residential complexes. Private developers in the area include Omaxe, Tata Realty, and HL City.


The main roads connecting the cities in this corridor are Delhi-Rohtak Road, Jhajjar-Bahadurgarh Road, Rohtak Bypass, Rohtak-Jhajjar Road, Rohtak-Sonipat Road and Western Peripheral Expressway.

Metro links are available in parts of Delhi and Bahadurgarh. The Delhi Metro's Green Line reaches the cities of Delhi. Brig Hoshiar Singh is the nearest metro station, 5-6 km from the cities of Bahadurgarhs.

Nangloi, Bahadurgarh, Rohtak Junction are the train stations in the corridor. Some of the main bus stations here are at Rohini, Bahadurgarh and Haryana Roadways Bus Stand Sampla.

Indira Gandhi International Airport is more than 40 km from this corridor.

Social infrastructure

Key schools such as MR Bharti Model Sr Sec, Shri Ram Global, Bal Bharti, SV International, AFC Sr Sec, Kendriya Vidyalaya Rohtak and GD Goenka International are located in different regions of the corridor. Hospitals on the route include Jeevan Jyoti, Satyabhama, Civil, Surya, Siwach, and PGIMS.

Delhi CTS Complex Nithari Road Kirari is the closest shopping complex and Delhi shopping malls are 10-12 km from Mundka area. RN Plaza is a large shopping mall located near Bahadurgarh at a distance of 3 miles. Sheila Shopping Complex, Liberty Jop Square Mall and Pantaloons Rohtak are the closest shopping areas in Rohtak.

Mundka & Tikri Kalan: Promising localities for investment

The approximately 57 km long Delhi-Rohtak corridor has driven many real estate landscapes onto it. The Delhi side of the corridor encompasses many locations and the most famous ones that offer packages after Buyolp data are Mundka and Tikri Kalan.

Mundka and Tikri Kalan are 7 km apart and just 10 minutes apart via the Rohtak Corridor, also known as NH-9.

Mundka is best known for its wood and iron and plastic siding factories. Here you will find commercial and residential properties.

The Modern Industrial Estate (MIE), Hindustan National Glass & Industries Limited and HSIIDC Industrial Estate are located 6-10 km and 20-25 minutes from this region. The Mundka industrial area is also in the immediate vicinity.

Tikri Kalan is a small town with a warehouse industry, refrigerator manufacturers and stainless steel factories. This place is dominated by the Jat community.

Mundka and Tikri Kalan have agricultural land that is being converted into industrial and residential use.

Amar Colony and Rajdhani are some residential areas in Mundka. Here you will mainly find illegal dwellings where land cannot be legally registered. These properties continue to work on the basis of a power of attorney.

The plot sizes range from 180 to 250 square meters. These are available within Rs 30,000-45,000 per square meter. If you invest in industrial land you can get a monthly rent of Rs 50,000-70,000.

The plots for commercial use are available in sizes of 400, 500 and 1000 m2. The price range is between Rs 35,000 and Rs 40,000 per square meter.

There are a number of parcels under Lal Dora that offer legal parcel registration. All registrations are made through the Treasury in these areas.

The remains of a body of water lie on the Mundka-Ranhola motorway. The water here is polluted by the leather, plastics, and steel industries in and around the area that produce highly polluting chemicals in the manufacture of rubber, metals, asbestos, and plastics. Now it's a big dump with kites and crows flying and jumping over the sea of ​​garbage. At night this garbage burns and pollutes the air. This is of great concern to the people of Mundka.

The streets of Mundka and Tikri Kalan have small drains that overfill the sewers after a few minutes of rain.

In addition, the areas are well connected via the Delhi Metro's Green Line, from which both West Delhi and Bahadurgarh are easily accessible. The same metro line is also being extended to Sampla, which is intended to boost real estate in the area. Road, rail and bus connections via the Delhi-Rohtak Highway, Nangloi train station and the DTC bus stations ensure a seamless connection to the cluster.

There are several educational institutes, a community center, library, parks, and state elementary and secondary school in and around this area. Some of them are: Maharishi Dayanand Model School, Shri Ram Global School. Mundka is also a focal point for aviation universities and the Delhi Metro Depot.

Some of the most famous hospitals within a 5-10 km and 10-20 minute radius are Jeevan Jyoti & Satyabhama Hospital Private Limited. The CTS Complex Nithari Road Kirari in Delhi is the closest shopping complex and the Delhi shopping malls are 10-12 km from here.

The engine of this region is the presence within the city limits and the proximity to nearby industries. The area has a variety of parcels, but thorough care is required before a sales contract is signed.

Tourism, affordability drives the Panipat & Karnal plot market

The Panipat and Karnal group of the NH-1 corridor begins behind Sonipat and leads via Panipat to Karnal. This area is along Grand Trunk Road (GT Road). Moving from Delhi to Panipat and Karnal, the availability of developments mapped by private developers goes down along with their prices. There is a lot of arable and arable land, but also some houses and residential lots.

Since the national road runs through different regions and states, several hotels, restaurants and dhabas can be seen at the intersections of Panipat and Karnal. This has opened a number of growth opportunities for companies in the region.

Roads and railways offer end-to-end connectivity. Karnal and Panipat train stations are in the region. The new Karnal bus stop and Panipat bus station are also within easy reach and help you get around the surrounding areas.

A 111 km long RRTS (Regional Rapid Transit System) section is also proposed on the Delhi-Sonipat-Panipat corridor. This should stimulate the demand for real estate here.

Low rise and single family homes are the preferred property types in this area. The parking spaces available here are mostly not approved. The most famous developers on the market include Parsvnath Developers and CHD Developers.

Based on Buyolp data, the available parcel sizes range from 100 to 500 square meters. Larger plots can also be found from 600 to 650 square feet. Land is often calculated in Marla, where 1 Marla is roughly 30 square meters. Most of the residential properties in this corridor are affordable. They are available for Rs 11-85 lakh. Facilities such as boundary walls and gated communities are present in some plot designs. The permitted construction is 3-4 floors.

Schools, hospitals, and shopping malls are rare as the area is constantly developing. Some of the schools in Panipat and Karnal include SD Model Sr Sec, DAV Girls Sr Sec, Dr. MKK Arya Model and Bal Vikas. Ujala Cygnus offers sanitary facilities: Sanjiv Bansal, Amritdhara My Hospital, Ravindra and Park Hospital.

Major shopping malls are Super Mall, Suvidha Stores Pvt Ltd, Unity Mall Panipat and Mittal Mega Mall. HUDA's markets serve the daily needs of the residents.

Panipat is known as the "textile city" and "weaver city", so there are several textile industries in the area. The cluster also has agricultural and farm land that produces large quantities of rice, wheat and sugar cane. You can also find rice and sugar mills here. With the presence of tourist attractions nearby, the area also offers opportunities for trade.

Infrastructure projects such as RRTS are planned between Delhi and Panipat, but the fate of the parcel market depends on the implementation of these projects. The presence of tourist destinations also has growth prospects. This area could be an option for investors, although end users can also consider it if affordability is in mind.

Bahadurgarh: A plot market on the Delhi-Rohtak corridor

Bahadurgarh in Haryana is one of the most important industrial and residential centers in the Delhi-Rohtak corridor. The place can be reached from Delhi, as it is not far from the capital and now has a good road infrastructure.

The main sectors in the area are 2, 6, 9, 10, 11, 13, 14, 15, 35 and 37.

The industrial belt or the residential area was the driving force behind the creation of road links. Most of the shoe and leather manufacturers are located here.


The Tikri border divides the Rohtak Corridor into two states: Delhi and Haryana. If you are coming from Delhi, once you cross Tikri Toll Plaza you will find Bahadurgarh on the left side of the Delhi-Rohtak corridor.

Western Peripheral Expressway and Jhajjar Road are the major highways through Bahadurgarh. Internal roads such as Nizampur Road are access roads to the central part of Bahadurgarh. The proximity to these highways makes it easy to get to from New Delhi, Sonipat, Rohtak, Gurugram and Faridabad.

The Delhi Metro's Green Line has also benefited many commuters to Bahadurgarh. This connects the area to Mundka, which is already connected to other areas such as Dilshad Garden, Rohini, ISBT and Kashmere Gate through a single exchange.

To get to Bahadurgarh you need to get on from a Red / Blue Line transfer station connected to the Green Line in Inderlok / Kirti Nagar to the last metro stop on the Green Line - City Park in Bahadurgarh.

The Delhi Metro's Green Line will be extended to Sampla. Upon completion of the project, the project will allow connections to cities outside of Bahadurgarh.

Properties available

Bahadurgarh's sectors offer a plethora of package options.

Most of the land here was agricultural land, also known as income land, which was converted into residential and commercial land.

You will find two types of pitches here. One set of parcels is under HUDA and the other is converted land that is OK for OC and CC from the City and State Planning District (DTCP). They are mostly owned by private developers. The plot sizes range from 185 to 600 square meters.

The prices for parcels in sectors 2, 6, 9, 10, 11 and 13 are between 20,000 and 35,000 Rs per square meter. While Sectors 14, 15, 35 and 37 are under private developers such as Omaxe, Tata Value Homes and HL City. As is well known, these are the premium sectors in the region. The cost of a property starts at 25,000 rupees and goes up to 50,000 rupees per square meter.

Commercial and social infrastructure

Bahadurgarh Sector 16 was developed as a general industrial zone and Sector 17 as footwear. The industrial area here is over 50 years old. Brands like Parle, Somany, Surya and many more can be found in Bahadurgarh. One of the largest glass factories in Asia, HNG, is located here. One of the main industrial areas MIE (Modern Industrial Estate) is located 5 km from the region.

The area boasts a large number of universities and government and private institutions. The best known are DPS, Bal Bharti School, Bright Avenues, Sainik Public School and many more. It also has a well-established PDM university as well as institutes like SKITM, AIKIDO College of Engineering, etc.

The area is also rich in natural resources, so issues such as water and electricity shortages are not a challenge.

Maharaja Agrasen, AIIMS Jhajjar, Civil Hospital and Balaji Hospital are some hospitals within 5-13 km. These are easily accessible from anywhere in the city. You can be reached in 10-30 minutes.

For leisure and shopping, the main streets and shopping centers such as the Omaxe Mall, the RN Plaza and the HL Mall are available here.

It was feared that Bahadurgarh's fate might be that of Bhiwadi or Kundali. However, thanks to access to subways, roads, and an established social infrastructure, the area quickly recovered and is now known as one of Haryana's most promising locations.

Kundli-Sonipat: A preferred destination for plot buyers

In corridor NH-1, Kundli-Sonipat is one of the most prominent groups with the highest number of independent houses (kothis) and villas. The 20 km stretch between Kundli and Sonipat includes cities, sectors and projects that offer numerous opportunities for residential parcels. Parking spaces are available on Grand Trunk Road (GT Road) and indoors. The presence of prominent developers such as TDI Group, Ansal API Infrastructure Ltd, Omaxe and Jindal Realty also attracts buyers to invest in this region.

Areas where parcels can be found include Kundli, TDI City, Ansal API, Parsvnath City and Sectors 7, 8, 18, 26 and 35 in Sonipat. Residential plots outside of Delhi are under the supervision of the Haryana Urban Development Authority (HUDA). Private developer parcel projects are approved with amenities like power backup, swimming pool, rainwater harvesting, security, gas pipeline and clubhouse etc.

Based on Buyolp data, the preferred parcel sizes here range from 250 to 400 square meters. Land designs in Kundli cost between 10,000 and 35,000 rupees per square meter, depending on the distance from the main road and the amenities provided by the developers. The plots next to the motorway are expensive compared to those in the interior. The prices in Sonipat are comparatively low at 9,000-20,000 rupees per square meter than in Kundli.

Corner plots within closed residential complexes are in greater demand. The width of the paths to the parcels is 12-24 m and up to four floors can be built in these designs. Villas are also available, but these are up to two stories with parking on stilts.

Kundli does not yet belong to the Haryana community, so the developers provide the water. In Sonipat, water and electricity are provided by the community.

Unapproved agricultural parcels and Lal Dora land are also available at lower prices but have unclear titles. The government of Haryana is conducting drone surveys to keep property rights records online. It is carried out as part of the Haryana Large Scale Property and Mapping Project (HaLSMP). This process will ensure that there is no land invasion and aims to liberate the villages in all of the Haryana districts of Lal Dora for years to come.

The road connection via the GT Road, the Kundli-Manesar-Palwal (KMP) Expressway, Delhi and the Murthal Road makes this region easily accessible. Sonipat has its own train station. Buses and cars make daily commuting even easier.

Kundli's social infrastructure with shopping centers, schools and hospitals is present within society, while Sonipat is developing step by step. The availability of agricultural land is decreasing and the development of Sonipat is increasing.

TDI International, Sunrise International and Bright Scholar Senior Secondary are some of the main schools within 3 miles. Shopping centers such as TDI, Kessel Grand, Ansal Highway Plaza and Omaxe City are within 6-8 km. Maharaja Agrasen, Nidaan and FIMS hospitals are 30 minutes from this area.

The presence of business parks within the cluster also attracts potential buyers. Those who work at Kundli, Narela and Rai Industrial Estate also prefer to shop here. The Pitampura and Rohini shopping center is within easy reach of Kundli and other nearby towns.

Since NH-1 is a state highway and the KMP Expressway is also connected to nearby states, dhabas, hotels and restaurants can be found for travelers from Haryana, UP, Punjab and Chandigarh and other areas.

The Rajiv Gandhi Educational City is a large project nearby. The 4.86 km long metro project from Narela to Kundli is intended to further improve connections to the region. The RRTS (Regional Rapid Transit System) in the Delhi-Sonipat-Panipat corridor helps to connect the region with its neighbors.

The Kundli-Sonipat area is a preferred destination for those looking to buy low buildings and open spaces. Approved parking spaces with equipment are available in the region. People who visit Sonipat's interiors and beyond shop here to improve their standard of living. The proximity to affordable real estate and industries makes this region a popular destination for package buyers.

NAI BASTI-DUNDAHERA: Job hubs, Industrial areas drive plot sales

In Ghaziabad and part of the NH-24 corridor, Nai Basti Dundahera is a growing city near the Hindon River. It borders Greater Noida West and has large residential complexes such as Gaur City nearby.

Blue line metro stations such as Noida Electronic City, Sectors 59 and 62 in Noida are within 5 miles. Shaheed Sthal Subway Station, on the Red Line, is 6 km away.

The residents of this village work in the industrial and commercial areas of Noida and Ghaziabad.

Ashwani Arora, a local agent, reports: “The connection to the job centers in Noida, the industrial area Bulandshahar Road and the Noida extension, as well as the low prices of the properties, are driving the sale of the properties. There is electricity in the colonias here, but running water and sewage connections are not available. "

According to Buyolp, the properties for sale are in Biharipura, Rahul Vihar, Krishna Vihar, Siddharth Vihar and Christian Nagar. Package prices range from Rs 25,000-32,000 PSY and package sizes are 40-100 square feet. Here the country is subject to the Ghaziabad Development Authority (GDA). Most of the residential parcels developed on agricultural land are available.

Bloom Field Public School, Rose Bell Public School, Vishal International School, and SKS World School are located near the residential lots. Jeevan Lok Hospital, Jeevan Jyoti Hospital and Vrindavan Hospital are 6 km away. ABES Engineering College and the Jaypee Institute of Information & Technology are some flagship educational institutions nearby.

The city has wide streets on two sides, namely the Taj Expressway and the Delhi-Meerut Expressway. However, the internal roads are narrow and in poor condition.

Vicky Jaiswal, owner of a parcel in Krishna Vihar, said: “Internal road works have been carried out in this town since last year, but these have now been suspended due to the Covid-19 pandemic. Roads will improve the value of the parcels. The width of the internal streets in front of the residential parcels is 10-12 m ".

The new 14-lane Delhi-Meerut Expressway is the main reason people are interested in this city. The proximity to the job centers in Noida Extension, Noida and Bulandshahr Road Industrial Area combined with affordable prices are reasons to buy land here. However, since most of the parcels are not GDA-approved, caution is advised before the completion of a property.

Sector-63A, Noida: Affordable plot prices drive sales

As part of the NH-24 corridor, Sector-63A is a well developed city in Noida. Colonia Chhajarsi, Sectors-63D and 65C in Noida and Bahlolpur are some nearby towns. The Hindon River runs very close to this area. It is well connected to the Delhi-Meerut Expressway and the Faridabad-Noida-Ghaziabad Expressway (FNG).

Electronic City and Sector-62 Metro Stations in Noida are within 3 miles and offer connections to other parts of Delhi. The Embassy Galaxy Business Park in Sushil Marg and Ericsson India Global Services in Sector 62 are popular work centers nearby.

According to Buyolp , several lots are in closed, east-facing communities. Rented resale properties are available here. On the plots of this city, you can develop ground floor + 4 floors. Gangajal water supply and gas pipes are available. Land prices range from Rs 47,000-65,000 PSF.

Dhiraj Sharma, a local agent, says, “The area is mostly residential that people buy for investment. But there are many who also buy for end use as the city is well connected to the FNG motorway and the Delhi-Meerut motorway. The Noida Authority has already made a decision on the parcels. In front of the plots you will find internal streets of 12, 14 and 18 m.

The Noida Jaipuria Institute of Management (Business School), Jaypee Institute of Information and Technology, and Maharishi Institute of Information and Technology are some nearby educational institutions.

Lakshmi Rawat, another agent here, says, “The city is close to the Sector 63 industrial area, Noida, and is also well connected to Noida Extension. The plots are also available at affordable prices. These are some of the reasons people are thinking of buying land here to invest.

Within a 10 km radius you will find hospitals like Fortis, Jeevan Lok and Tripathi, as well as popular schools like Ralli International, Mother India Public, Global Indian International and DAV Public.

Therefore, the proximity to the industrial areas of Sector 63 (Noida) and the Noida Extension, the good connection to the highways FNG and Delhi-Meerut as well as an extensive social infrastructure are driving parcel sales here. Regular traffic jams near the Chhajarsi side of the FNG highway are a brake.

Lal Kuan-Chhapraula: Plot prices, industrial hubs brings buyers

Lal Kuan-Chhapraula is one of the groups in the NH-24 corridor. Enjoy connectivity with the NH-34 and Delhi-Meerut Expressway on two sides. Part of this group belongs to Ghaziabad while the Chhaprula side is in Gautam Buddh Nagar.

Lal Kuan is well connected to Noida Extension and Greater Noida via the Delhi-Meerut Expressway and the Eastern Peripheral Expressway via the NH-34. The city is also connected to Ghaziabad, Dadri, Khurja, Bulandshahar and Wave City. Chhaprula, on the other hand, has a direct connection to the Noida Extension via the Bisrakh Road level crossing.

"Construction of a railway bridge is currently underway on the west side of Lal Kuan and will improve connectivity with Noida Extension," said Mohan Prakash, a local agent.

Brijesh Yadav, a resident of Lal Kuan-Chhapraula, says, "Lal Kuan is an urbanized and residential town while Chhapraula is a rural area. In Chhapraula, land is being excavated on agricultural land. Most of the land in Lal Kuan is by locals and migrants for residential use, while the Chhaprula plots are being bought primarily for investment by investors from Dadri, Delhi, Noida and Ghaziabad, and the industrial areas of Bisrakh Road and Bulandshahar Road are the main economic drivers of these locations.

Buyolp data shows that the Lal Kuan parcels are located in Panchsheel Colony, Punch Enclave Colony, Royal City, Nand Residency, Mansarovar Park-2, Royal City, Modern Railway City, and Mansarovar Enclave. In Chhaprula, the parcels are in colonies such as Vayu Enclave Phase-2, Samtel Enclave, Shri Sai Heritage and Preet Vihar.

Land prices range from Rs 7,000-20,000 PSY in Lal Kuan, while prices in Chhaprula range from Rs 10,000-23,000 PSY. Depending on the location, cheaper bargains can be found in Chhaprula near the railway line.

According to market sources, well water is used in Lal Kuan for land that is wholly owned and sold by developers. Paschimanchal Vidyut Vitran Nigam Ltd (PVVNL, the electricity distributor in the west of UP) supplies electricity. Chhaprula also uses well water on wholly owned properties while the Gautam Buddh Nagar Electricity Board provides the electricity.

There are no municipal sewage connections in Chhaprula and Lal Kuan. The main roads in Lal Kuan are in good condition and there are concrete roads in front of the properties. In Chhaprula, the internal streets are narrower and some streets are in poor condition.

There are a variety of schools here such as Gurukul, MIPS, Silverline and Govt. Anand Hospital and Columbia Asia Hospital are close to this group. There are also several nearby educational institutions such as ABES Engineering College, ABES IT College, and IMS College.

People who work in the Bisrakh Road and Bulandshahar Road industrial areas prefer to buy land here for end-use. Low and affordable prices at both locations are also reasons to invest for people who work and live in the vicinity of these locations. The connectivity via the Delhi-Meerut Expressway and the NH-34 (GT Road) makes a great driver for those looking to buy packages near Delhi. With most of the planned development coming from local settlers, civic comfort is a concern. Waterlogging is common, so the roads of the colonies continue to be a problem.

Wave City: NH-24, RERA registered township attracts plot buyers

Wave City, also known as Hi-Tech City, is a 4,500 acre community in Ghaziabad and is part of the NH-24 corridor. It is divided into two phases. The first phase unfolds while the second phase unfolds. The city is well connected by the Delhi-Meerut highway.

Shaheed Sthal New Bus Adda Subway Station and Ghaziabad Railway Station are close by and are within 10-11 km from Wave City.

Munish Mishra, COO of Wave City, reports: "Wave City is a RERA registered community that provides services like clubs, central command center, smart meters, intelligent traffic management, waste management and 24X7 CCTV surveillance. We get our projects done. Of parcels Approved by the Ghaziabad Development Authority (GDA).

According to market sources, parcel sizes of 135, 194, 287, 325 and 404 square meters are available here. Prices range from Rs 22,000-35,000 PSY. The plots are also available from other nearby housing associations such as Landcraft GolfLinks, Aditya World City, Suncity and Mahagunpuram.

“Wave City Phase 2 has many lots. People buy here mainly for residential purposes. Uppal developers Chadha Hitech and Agrawal Aditya World City are some of the developers who have parcel projects here of the parking parcels while a street width of 12 m is in front of other parcels. There is provision for wide roads, electricity, and running water. However, some sectors do not yet have a sewer connection. Electricity is supplied by Paschimanchal Vidyut Vitran Nigam. Ltd (PVVNL, the power distribution board to the west of UP), while the mains water supply and sewage maintenance are carried out by the Nagar Nigam of Ghaziabad, ”explains Dharmendar Chaudhary, a local agent.

Chaudhary continues, “A planned mall is being built near Columbia Asia Hospital and is being developed by ATS well for investment as Phase 2 of the community will be developed in a few years. It will connect the city of Wave with NH-9 and NH-34.

Schools such as St. Mary's Convent, APJ High and Bloomsbury International are within 6 miles. Columbia Asia Hospital on NH-24 is very close to Wave City. Shopping can also be found at the Opulent Mall and Gaur Central Mall within 10 km. Banks, grocery stores, ATMs, and gas pumps are also located near the community.

Govindpuram: NH-24 construction and GDA colonies attract buyers

Govindpuram is another group in the NH-24 corridor. Govindpuram, Swarna Jayanti Puram, Madhuban Bapudham and Shastri Nagar are some of the cities in this corridor. These are being developed by the Ghaziabad Development Authority (GDA). The city is well connected to the NH-24 and the city of Ghaziabad via the Hapur Road and NH-34.

In this area you will find GDA colonies, single houses, land, low GDA buildings. In the vicinity of Govindpuram there are several unauthorized neighboring parcel colonies such as Balaji Puram, Saubhagya Colony, Krishna Garden, etc. These unauthorized colonies were developed by local settlers on adjacent agricultural land.

Madhuban Bapudham and Shastri Nagar are also GDA colonies offering parcels. Electricity, sewage, parks and running water supplies are available in GDA-approved colonies along with built roads. Ghaziabad Nagar Nigam takes care of the citizen service and Paschimanchal Vidyut Vitran Nigam Ltd (PVVNL) supplies the entire group with electricity. The Meerut Road industrial area is close to all locations. For shopping, people go to Govindpuram, Sanjay Nagar and Raj Nagar District Center.

Arush Kuldeep, a package owner, says, “Most of the people who work in government offices in Greater Noida, Noida and Delhi shop in Govindpuram, Swaran Jayanti Puram and Shastri Nagar for residential purposes. Madhuban Bapudham is a developing city so few people are buying land here. "

Ghaziabad Railway Station and Shaheed Sthal Subway Station are 20-30 minutes from cities in this group. Schools, hospitals, shopping malls, grocery stores, banks, ATMs, and gas pumps are found in all localities near the residential lots except Madhuban Bapudham, which is still under development.

"GDA plans to build small shopping malls in Madhuban Bapudham Yojna Colony (a residential colony). It also plans to develop its local headquarters. The new NH-24 development will attract people connected to its offices in Noida, Greater Noida want to stay and other areas of Delhi, "says Kuldeep.

Govindpuram is developed and good for living if one wants to build one's own house. Madhuban Bapudham is the only undeveloped town in this group, but can be purchased here for a long-term investment. Land prices are affordable in all locations, but most of the GDA plots available are for resale. The completion of NH-24 in a few months will expedite travel to Noida, Greater Noida and other parts of Delhi. If you want to buy land in this group, please buy GDA approved land and check legality before buying.

Yamuna Expressway Corridor: Vicinity to job hubs drives plots

The 177 km long Yamuna Highway, also known as the Taj Highway, connects Delhi with Agra. It has 6 tracks that can be expanded to 8 tracks. The cities of Jewar and Dankaur under Gautam Buddh Nagar are part of the corridor and have traced developments. The parcels are located in sectors 28, 29, 30, 31, 32 and 33 in Jewar. Many parcels are also present in sectors 17, 18, 19, 20, 21, 22D and 24. These sectors are located near the Yamuna Expressway.

Ganga Expressway, Delhi-Meerut Regional Rapid Transit System (RRTS), Upper Ganga Expressway, Dasna-Meerut Expressway, Noida-Greater Noida Expressway, and Eastern & Western Peripheral Expressways are the main connection points driving demand for parcels in this corridor.

The Yamuna Expressway is well connected to Greater Noida business parks as well as offices along the Greater Noida Expressway, the Noida Special Economic Zone (SEZ) and Noida Phase-2. In this corridor there are some IT and business parks such as the Stellar Business Park, the NIIT Technologies Campus, the World Trade Center and the upcoming Cosmic Corporate Park.

According to the Buyolp data, the prices of the packages in the Yamuna Expressway corridor are between Rs 22 and 40 lakh and the sizes are 83-300 square meters.

From Pari Chowk to Jewar Airport, you will find communities and parcels for residential, commercial, industrial and institutional purposes. These are of different sizes and generate demand. Buyolp data shows a range of rental, property and resale packages available on this broker. Some of these lots face east or are in residential complexes and are close to Jewar Airport, Gautam Buddha University or Galgotias University.

Most of the lots have internal streets of 12m and there are plenty of pitches with views of the main street or the garden. The Yamuna Basin has three major rivers: Yamuna, Hindon, and Kali, which contribute to the groundwater in this corridor. The Yamuna Highway Industrial Development Authority (YEIDA) provides basic services such as electricity, tank water and gate connections on approved parcels. The existing power source in this region is the National Thermal Power Corporation Ltd (NTPC) Dadri.

According to market sources, all residential plots in this corridor are approved by YEIDA. The builders and YEIDA are developing plots from sector 17A to Jewar. Agricultural land is also available on this motorway. In Dankaur, Invixo The Green Cottage, Invixo Ace City and Oneiric Homes are well known property projects. Shubham Jewar City, Jewar Airport City, Mount Attalia, and Airport Residency are some of the most famous land projects in Jewar.

Sectors 28, 29, 30, 31, 32 and 33 are located near Jewar Airport. The allotment of the parcels in sectors 28 and 29 has been completed, while the allotment of the parcels in sectors 30, 31, 32 and 33 has not yet taken place. Sectors 21, 22E, 28, 29 and 33 are intended for industrial use. Sectors 17, 18, 19, 21, 22D and 24 are focused on residential and commercial properties and their allocation has been completed.

Sectors 15B, 21A and 22F are green recreational plots. Housing projects in sectors 26A and 26B focus on skyscrapers and urbanizations. Sectors 25 and 26 are dedicated to the sports complex.

The most important schools include DPS World and St. Joseph's. The main hospitals in the corridor are Yatharth Super Specialty and Kailash. The universities of Galgotia and Gautam Buddha are the most famous universities here. Popular shopping malls include the Grand Venice Mall, MSX Mall, and the Omaxe City Center.

According to the YEIDA website, Jewar International Airport is under construction and is expected to be completed in 2025. Phase 1 for cargo flights will complete in 2023 while international flights (Phase 2) will complete in 2025 attract investors to the Yamuna Expressway.

The emerging Jewar Airport, YEIDA-approved packages of basic facilities, nearby businesses, and IT parks attract people to shop in this corridor. The connection to various highways also prompts many professionals and entrepreneurs to invest in land and for residential purposes.

Pari Chowk an established realty market near Yamuna Expressway

The Yamuna Highway begins in Pari Chowk and follows the Noida-Greater Noida Highway. Pari Chowk is one of the prominent and established Greater Noida locations showcasing real estate activities.

When driving from Noida to Jewar via the Yamuna Highway, the terrain divides to the left into numerous sectors, blocks and pockets such as Omega II, IV, Chi I, II, III, Phi I, II and III etc. the right-hand side are sectors 149 and 150. You will find mostly residential projects here. However, there are also residential properties as well as leased properties for commercial shops and businesses available.

According to Buyolp data, 20% of the properties for sale in Pari Chowk are residential and 9% are commercial properties. Residential lots can be found in Pari Chowk, Chi-Phi and also near Pusta Road of Sector 150.

The plot sizes available here are comparatively smaller due to the lower availability of space. These are 50, 60, 80, 90, 100 and 200 m2. Some lots of 500 or 1000 square feet are also available and cost between Rs 5 lakh - Rs 2.50 crore. Land near Pari Chowk is priced higher due to its well-developed location and the availability of services.

The width of the streets is 9, 12, 18, 25, 30 or 35 m. There are also closed communal lots and construction of up to 3-4 floors is allowed. Most of these properties are rented out, however. Approved parcels GNIDA (Great Noida Industrial Development Authority), Noida Authority and Uttar Pradesh Avas Vikas Parishad are located in this area along with some unapproved parcels. Some of the package projects here are NS Group's Green Valley, BKR Developers' Green City, and Omaxe's NRI City Township.

One of the main drivers of this region is the subway network. The Aqua line is just 2 km and 10 minutes from Pari Chowk and the surrounding areas. The streets here are wide and well developed. The area is well connected to Noida and Delhi by road and subway. The planned Jewar International Airport, which would be around 40-50 km away, is slated to open in 2023-24.

This group is home to several schools and universities including JP International, GD Goenka, Bennett University, Amity University and Birla Institute of Management Technology within 3 miles. The most famous hospitals in the area are Kailash and Yatharth Super Specialty.

Pari Chowk is surrounded by major shopping malls and complexes such as Omaxe City Center, Ansal Plaza, Grand Venice Mall, MSX Mall, and Omaxe Connaught Place Mall. Greater Noida is in Sector Chi V, next to Gautam Buddha University Authority Development of 250 hectares for a night safari project.

Noida Expressway and Aqua Line have now opened access to the Delhi and Noida job centers. These provide easy access to the Noida shopping centers in Sectors 127, 135, 142, 144, Noida Special Economic Zone and Noida Phase-2.

The Wipro Special Economic Zone, 4 km away, is the closest technology park to Pari Chowk. Oxygen, Advant Navis and Unitech InfoSpace are other major business parks nearby. Companies such as Genpact, Cognizant, Capgemini, TCS and KPMG are present here.

Jewar airport and subway projects are some of the infrastructure developments emerging in the area that are likely to affect the real estate market in the area. Pari Chowk offers a combination of residential, commercial, retail and institutional development as well as a well-established social infrastructure. It is therefore a suitable location for both end consumers and investors.

Social infra and job hubs push plot market near Gurugram

The approximately 2 km stretch starting from Sohna Road near Gurugram Sector 32 to Subhash Chowk is a group of parcels of the Sohna Road corridor. It is closer to the Delhi Metro, Rapid Metro and Cyber ​​Hub Yellow Line, making it suitable and preferred by working professionals.

This area consists of revolving streets such as the Delhi-Gurgaon Expressway (NH-48), BH Bakhtiar and Hero Honda Streets, which are home to residential properties and apartments.

The sectors that fall under this area are 32, 33, 34, 34A and 38. Sector 32 is an institutional area that offers commercial, retail and institutional facilities.

The proximity to large schools, universities, hospitals and workplaces dictates top prices for real estate here. The upcoming infrastructure framework is also in your favor.

Residential plots are available in smaller quantities. According to Buyolp, the parcels are approved by the Haryana Urban Development Authority (HUDA) and the Haryana Housing Board (HHB). The plot size is between 100 and 350 square meters. These cost between 2 and 4 million rupees. Sectors 32, 33 and 38 face Sohna Road or NH-48 and therefore charge a higher price compared to Sector 34. Some of the packages in Sector 34 cost Rs 35-75 lakh. This is due to its presence indoors, away from Sohna Road.

Unitech The Villas in Sector 33 is a large property project in this group. You can also find land in residential complexes. The allowable number of floors for construction is up to 4-5. The width of the paths leading to the parcels is 8, 10, 12 or 24 meters.

Although most of the parcels are approved, there are few unapproved parcels in Sector 34. Here, land is converted from agricultural to non-agricultural for the purpose of development or construction through CLU (Land Use Change).

Builders provide approved converted parcels along with facilities. Even unapproved packages are registered without conversion or through illegal registration. As a buyer, you have to do your own due diligence, as the Chief Minister of Haryana recently suspended six Gurugram tax officials for record irregularities. Officials allegedly changed the classification of land from agricultural to non-agricultural to make it easier to register deeds, in violation of the Haryana Urban Development and Regulation Act.

The Sohna Road mainly connects the region with other nearby areas. The Huda City Center subway station and Rapid subway lines are 7-15 km and 20-30 minutes away. The subway station Sector 42-43 of the Rapid Metro is 7 km from Sector 38 and takes 15 minutes via the internal sector roads Vikas Marg and Satpaul Mittal Marg.

In addition to the underground, Gurugram station is another important means of transport for residents. The train station is 7-9 km and 15-25 minutes from the surrounding area. Numerous cars and taxis connect the internal areas. The nearest international airport, Indira Gandhi, is 20 km and a half-hour drive away.

The Blue Bells Public School and the Alpine Convent School are just 10 minutes away, while Medanta - The Medicity and Park Hospitals are easily reached in 15 minutes. Located on Sohna Road, the Omaxe Celebration and Raheja shopping centers are 5-7 km and 20 minutes away respectively. The famous multi-purpose sports complex Tau Devi Lal Sports Complex is located in Sector 38. It consists of two sports facilities: cricket and soccer, and several practice facilities.

Business and IT parks near the DLF Cyber ​​Hub are 13-20 km and 20-30 minutes away. The work and IT centers on Sohna Road include companies such as Spazede, IRIS, Capgemini, Candor, Unitech and Orchid, which are closer and within a 10-15 km radius. Sector 32 is an institutional area that houses well-known commercial and institutional buildings including Ranbaxy, Cyber ​​Media, Ciena India Pvt. Ltd, Nikon, Reckitt Benckiser and McKinsey.


The long awaited extension of the Delhi Metro Yellow Line from downtown Huda was given the go-ahead by the Haryana Cabinet and the final DPR (Detailed Project Report) was approved. It will be a relief to Hero Honda Chowk and Badshahpur travelers in Gurugram that it has been left intact.


The construction work on the Sohna Dam from Rajiv Chowk to Badshahpur, which began in 2019, is intended to improve road connections in the region. The project should be completed in 2022, but due to the closure, work has been suspended and is likely to be delayed. Here, too, the current project takes the traffic jam into account.


The area has everything be it job opportunities, social or commercial infrastructure, the presence of services in the area, and security that make this destination of the property a preferred option. The region offers a premium lifestyle to consumers looking to improve their standard of living.

Raj Nagar Extension: Road connectivity, metro attracts buyers

The Raj Nagar Extension is located between NH-34 and NH-9. The neighboring cities such as Garhi, Sikrod, Morta and Duhai belong to this group.

The area is well connected to NH-9, NH-34, Elevated Road, Eastern Peripheral Expressway, Red Line of the Delhi Metro and the upcoming Rapid Rail Corridor.

Raj Nagar Extension has several high-rise projects. Some projects such as LandCraft River Heights and Vibhor Vaibhav Infrahome (VVIP) also offer plots. In the villages of the group there are many colonies of parcels on agricultural land. Business people and service class people from Delhi, Ghaziabad, Meerut and Hapur shop here. Some of the buyers work in the Meerut Road industrial estate.

The land in this group is under the Ghaziabad Development Authority (GDA). Here you can find GDA approved and unapproved packages. Ghaziabad Nagar Nigam provides water for basic needs and manages wastewater in approved colonies. However, these are not available from unauthorized colonies. The electricity is provided by Paschimanchal Vidyut Vitran Nigam Ltd (PVVNL). Garhi, Sikrod, Morta, and Duhai, part of the group, have a lot of unapproved lots.

According to data from Buyolp, prices for packages in the vicinity of Rs 16-60 lakh for sizes of 100-200 square feet range. Very few properties are available in Garhi, Sikrod, Morta and Duhai in Ghaziabad. Some plots are also available in residential complexes.

According to market sources, projects like River Heights and VVIP are offering 100-200 square foot plots for resale for Rs 50,000-65,000 PPP. Parcels ranging in size from 50 to 100 square yards are available from unapproved colonies such as Royal Green City and Krishna Aprameya Enclave. These are available for Rs 15,000-30,000 PSY.

There is plenty of shopping at Raj Nagar Extension. People go to the Sanjay Nagar and Raj Nagar District Center (RDC) for their shopping. Vibhor Vaibhav Infrahome (VVIP) Style is a popular shopping mall. Premium schools such as GD Goenka and Presidium belong to the group. The Raj Kumar Goel Institute of Technology (RKGIT), a university, is also represented here. For medical purposes, the Vardan Multi-Specialty Hospital and Yashoda Hospital are nearby.

A lot of development work is being done at Raj Nagar Extension. The Delhi-Meerut Regional Rapid Transit System (RRTS) is under construction and will connect Delhi-Ghaziabad to Meerut. There is also a road nearby that connects Madhuban-Bapudham to the Raj Nagar extension. A cricket stadium is also to be built by the Cricket Control Board in India (BCCI).

Well connected by NH-9, NH-34, Eastern Peripheral Expressway, Elevated Road and the Delhi Metro Red Line which connects you to different areas of Delhi, different business and service classes are looking for parcels for both residential and residential use in this area Investment purposes.

The low package prices at Raj Nagar Extension also attract many. In the vicinity of the Meerut Road industrial area, many professionals from these industries are looking for packages. The next RRTS with a cricket stadium should also have a positive effect on development and stimulate the parcel market.

Murad Nagar: Industries, proximity to NCR attracts buyers

Murad Nagar on NH-34 is a developing city located 14 km from Ghaziabad and popularly known as Meerut Road.

NH-34 connects the city with the Eastern Peripheral Expressway and Modi Nagar Road. The Upper Ganges Canal, an irrigation system in UP, lies east of the city and flows in a north-south direction. The Ganges Canal, also known as Gang Nahar, is a tourist attraction that people come to bathe in the sacred river.

Proximity to the Meerut Road industrial area, Ordinance Factory and the presence of educational institutes are the driving factors behind the sale of parcels in Murad Nagar.

Here you will find the packaging, food and textile industries. The Ordinance Factory, an OFB steel smelter, covers an area of ​​798 hectares. Many of the factory workers are buying land in this city. The KIET and ITS Dental College, along with about 15-16 other higher education institutions in the region, have made it an important place to work for Ghaziabad.

Areas like the Radhe Shyam Colony in Murad Nagar have several hostels and PG. People who live in the inland cities buy land here. It is also preferred by Ghaziabad investors. The land here is under the Ghaziabad Development Authority (GDA). The plots here are excavated from agricultural land and do not necessarily have the necessary permits. The residents use private water tanks, submersible pumps and sewers for the basic equipment. The electricity is provided by Paschimanchal Vidyut Vitran Nigam Ltd (PVVNL).

Buyolp data shows prices for packages ranging from Rs 10-15 lakh in sizes of 100-150 square yards. Some parcels in residential complexes are for resale and also have boundary walls.

Mount Carmel School, Murad Nagar Public School and RSM Public School are within 2 miles. Hospitals are 20-30 minutes away. As the city is still developing, there are currently no shopping malls, but grocery stores for everyday needs are easily accessible. Banks and ATMs are within 2 km.

The presence of industries, educational institutions, the connection to NH-34 and the Eastern Peripheral Expressway, the proximity to Delhi and Ghaziabad and the affordable prices attract investors and end users to the area.

Modi Nagar: Reasonable plot prices, educational institutes draws buyers

Modi Nagar, a developing residential town, is located on the outskirts of Ghaziabad. It is part of the NH-34 corridor.

Modi Nagar Road connects the city with NH-34 and Hapur Road. One side of the NH-34 continues to connect with the Eastern Peripheral Expressway, while the other side takes you to Meerut. Modi Nagar has its own train station and is used daily to commute to Ghaziabad, Delhi and Meerut.

The village has its own parish, Nagar Palika Parishad, Modi Nagar. It provides water through tanks and manages the wastewater in the colonies of the parcel below. There are also colonies of parcels below the village of Panchayat, where the Panchayat supplies water and manages sewage. The buyer of a property is also free to build his own private water tanks if he owns a property below the Panchayat area.

Famous as an industrial city founded by the Modi Group, it is now a well-known educational center. Local institutes include the Modi Nagar Institute of Technology (MIT), the KNGD Modi Engineering College, and the DJ College of Dental Sciences & Research.

According to Buyolp data, the package prices range from Rs 18,000-25,000 PSY and 100-230 sq yards are the package sizes here. Govindpuri, Radhey Enclave and Sona Enclave are a few plot colonies here. NCR Residency is an approved colony. The country is subject to the Ghaziabad Development Authority (GDA), but is dominated by agriculture. Most of the lots are available for resale.

The plots here are being bought by residents of the surrounding cities for their final use. Some business people and lawyers also live here. Investors from Meerut, Ghaziabad and Delhi are also buying to invest. To register a package, the buyer must go to Modi Nagar Tehsil.

Deepak Yadav, owner of a resale property in Modi Nagar, reports: “A bypass road leading from Murad Nagar and 6 km from Modi Nagar is being built. It will connect Murad Nagar and Modi Nagar to Haridwar and Roorkee. The Delhi-Meerut Rapid Transit (RRTS) is under construction. It will consist of 17 stations (11 elevated and 6 underground). Modi Nagar will be one of the stops. It will shorten the travel time from Delhi to Meerut. "

You can find several schools here. Some of these are Dolphin Public, AMM Public, and Summer Field. The Priyadarshi and Jeevan hospitals serve the medical needs of the residents. There are no shopping centers here, but many shopping centers, supermarkets, banks and ATMs can be found in the vicinity of the residential areas.

The plots here are not overly expensive. The affordability of the educational facilities in the area attracts people from the surrounding villages to buy land for final use. The connection to Ghazibad and Delhi and the upcoming RRTS are also attracting people from Ghaziabad and Delhi to buy land for investment. Basic services are provided by the community.

Rajendra Nagar: Industrial areas, proximity to Delhi attract buyers

As part of the 34 km long NH-34 corridor, the Rajendra Nagar group has many locations such as Shalimar Garden, Shalimar Garden Extension 1 & 2, Bhopura, Pasonda, Rajendra Nagar, Shyam Park Extension and Karhera.

Rajendra Nagar is well connected to Delhi, with the NH-34 and Delhi Metro's Red Line passing through this group. It is also well associated with NH-9. The area borders Delhi cities like Shahdara and Dilshad Garden. It is also connected to the dam on the Karhera Bridge near the Raj Nagar extension.

The land here is under the Ghaziabad Development Authority (GDA). The entire complex has several building plots and individual houses. Most of the cities are old towns or villages in GDA. Urbanized villages like Bhopura and Pasonda offer unapproved parcels, while colonies like Rajendra Nagar have GDA approved parcels for resale.

The proximity to Delhi is the main attraction of this group. Many package buyers are Delhi business people, builders, or service class people. Tenants in Delhi who cannot afford to buy land or single-family homes are flocking to this area. Some buyers also work in the nearby industrial areas of Sahibabad and Loni. Some people are also looking for land to invest.

Buyolp data shows that very few lots are available in Shalimar Garden, Shalimar Garden Extension 1 and 2, Bhopura, Pasonda, Rajendra Nagar, Shyam Park Extension, and Karhera Colony. The prices of the plots here range from Rs 30 lakh - Rs 1.46 crore and the sizes of the plots are 50-140 square meters. Some parcels of the conglomerate are in gated communities.

Hindon Airport and educational institutions (KEC College, ITS College, LR College), schools like DAV, DLF Public etc. and hospitals like Narinder Mohan Heart Hospital in Ghaziabad, GTB, Shreya and Karuna are available in the group.

The proximity to job centers, proximity to Delhi, GDA-approved land attracts people who want to buy land for residential purposes. Connections to NH-34, Delhi and the Red Line metro are pushing people to buy land to invest. The opening of Hindon Airport has also increased parcel buyers' interest in this group.

Roadways, upcoming infra push plot sales near Gurugram on NH-48

The 35-40 km stretch from Gurugram's DLF Phase-3 to Bilaspur Kalan along the NH-48 offers residential and some industrial properties. The area falls under Haryana in NCR with well-developed highways and roads.

The section is closely linked to Delhi via the Dwarka Expressway and the Delhi-Jaipur Expressway (NH-48). Such important connecting roads connect this area with the Gurugram and Delhi work centers. The Western Peripheral Expressway also connects you to neighboring states and cities. Plots are available in areas such as DLF Phases 2, 3, 4, Sushant Lok, Sectors 102, 57, 45, 6, Pace City-II, Kherki Daula, Garden City, IMT Manesar, KMP Expressway and Pataudi.

The region is growing rapidly with affordable housing in the suburbs. Impending infrastructure developments are expected to drive growth in the years to come. The extension of the Delhi Metro Yellow Line will touch this area and is intended to benefit residents and buyers here.

According to Buyolp, there are more than 500 packages available for sale on the website. The residential lots in DLF Phases 2, 3, 4 and Sushant Lok are close to the motorway (NH-48), with a higher price. Those that are off the highway, indoors, like Sectors 45, 57, and 102, are affordable in comparison.

In addition to residential parcels, industrial parcels are also available in Pace City-II near sector 37. The parcel sizes are between 150 and 500 square meters. Package fees range from 1 to 5 million rupees. The industrial properties have a size of 250 to 400 square meters and cost between 2 and 8 million rupees. Plots are also available within gated communities, especially in private projects.

Construction of up to 4-5 floors is allowed with some designs. The width of the parcel in front of streets is 10, 12, 18, 24, or 30 meters, and the land here is under the supervision of the Haryana Urban Development Authority (HUDA) and the Haryana Housing Board (HHB). The privately owned and unapproved parcels are also present if you are moving towards Pataudi and Manesar. DLF Limited, K Raheja Corporation, BPTP Limited and Ansal API are the leading developers offering package projects in this area. Cooperative Group Housing Society (CGHS) land is also available near Sushant Lok.

In addition to NH-48, Dwarka Expressway, Western Peripheral Expressway, highways such as Delhi, Basai, Pataudi, Mehrauli-Gurgaon, IMT and sector roads offer extensive connections.

Delhi Metro Yellow Line and Rapid Metro are 2-6 km and 15-20 minutes from Sushant Lok, DLF Phases 1, 2, 3 and nearby areas.

However, other cities in this section are far from the subway and rely on buses, cars, taxis, and the rail network to get around. Gurugram, Basai-Dhankot and Pataudi Road train stations are 30-45 minutes away. The bus stops in Sectors and DLF are available along the route. It takes 40-50 minutes to get to Indira Gandhi International Airport from this region.

Schools such as Delhi Public, Sharda International, Guru Dronacharya, Euro International and Royal Public Senior Secondary are located along the route within 5 km of the respective locations. The universities of SGT and Amity are nearby. Recommended hospitals such as Max, Fortis, Civil, Shri Balaji Multispeciality and ESIC are 5-10 km away.

The Gurgaon Dreamz Mall and MG Road shopping malls in Gurugram are closest to DLF, Sushant Lok, Sector 6 and Pace City. HUDA markets, general stores, and complexes meet residents' daily needs.

Cyber ​​City, Udyog Vihar and the offices on the golf course extension road are easily accessible from this route.

IMT Manesar is home to automotive giants such as Maruti Suzuki, Jaguar, Honda and Toshiba. Auto parts, accessories and manufacturing units are represented in this area. Industrial companies are also represented near Sector 37.

An MRTS (Mass Rapid Transit System) route between Gurgaon train station and Manesar is planned and will be developed in stages. The route between Manesar and Bawal will be resumed in the second phase.

Haryana's cabinet recently approved a detailed final report (DPR) for the yellow subway line that will run from the center of Huda city to various parts of the old Gurugram and areas of this corridor. The subway stations will be in Sectors 7, 37 and Basai Village, which will bring it closer to Sector 6 and the Pace City areas.

The Delhi SNB's RRTS corridor, which runs through the industrial areas of Haryana and Rajasthan, is a major infrastructure project looming along the corridor that is expected to affect the housing market for this group.

Connectivity across the street and emerging infrastructure are key drivers for this group, which attracts both end users and investors. The rural facilities near Pataudi and Manesar make this part of the corridor economical due to the distance from the city. Although there are traffic jams on the NH-48 and nearby prominent highways, it predominates.

Film City: Is it going to be the next growth driver for Greater NOIDA?

Driven by commercial and industrial development in the surrounding areas such as Greater NOIDA, Tappal Bajna Urban Center and Raya / Vrindavan Heritage City Urban Center and the upcoming Jewar Airport, FILM City could be the next growth engine for Greater NOIDA. The most frequently asked question, however, is how private investors can participate in this growth phase. The article offered a holistic look at the demand drivers and future prospects for the upcoming Film City or Infotainment City near Delhi NCR along the Yamuna Expressway.


The “largest” film city in India proposed in September 2020 is to be built on a 1,000 hectare site in Sector 21 in the phase 1 region YEIDA of the UP district of Gautam Buddha Nagar. The specially developed area is to be called the "Information and Entertainment City" and is said to have 780 hectares of industrial land available for the creation of studios and sets, and an additional 220 hectares of land for commercial purposes. According to various media sources, the project is expected to be shot for the first time in early 2021.


Not only does the project provide an alternative in the north of the country to the Mumbai-based Hindi film industry known as Bollywood, which is concentrated in the west of the country, but it also has the potential to boost the real estate segment. (Residential and Commercial) in the NOIDA metropolitan area, particularly in the YEIDA development city, which is part of Phase 1 of the new development along the Yamuna Highway. If the proposed city opens on time, it is expected to create plenty of local jobs for screenwriters, actors and other technicians in the heart of Hindi, along with developing a beautiful landmark for tourists visiting the Mathura tourist circle. Agra.

As the infotainment city (film) is being developed as part of the high-growth Yamuna highway corridor, the project and the surrounding region in the city of YEIDA will enjoy the benefits of excellent connectivity as well as a well-planned vertical sector. Development. The most important demand drivers for the city of YEIDA include:


Proximity to the existing cinema city in Sector 16, NOIDA: plans to expand existing news and media channels to promote growth


Filmstadt is not a new concept for NOIDA. Today's City of Cinema in Sector 16 of NOIDA was inaugurated in 1988. With a large number of private broadcasting and broadcasting stations switching bases very soon, the space was almost saturated with offices and studios of major news channels, including the Times Group, Zee. Network. , TV Today Network, Republic TV and Network 18 and other studios including Marwah Studios, BAG and T-Series. Since this area is already saturated, most of these companies are also looking for additional space in nearby areas and the nearest movie town can be a very good option.


The recent popularity of OTT apps and digital content is also expected to give this movie city a big boost, as many low budget productions will take place in the studios that will appear on this site. Any monetary or infrastructural support from the state government can also act as a mediator or accelerator of the entire process.


A well-connected location and a well-developed infrastructure are a plus


The proposed project is located in and around Rabupura Village in YEIDA Urban Sector 21 in Gautam Buddha Nagar District. It is about 50 km from Delhi (via DND Expressway), 30 km from Pari Chowk (in Greater NOIDA), 7 km from Jewar Airport under construction, 100 km from Vrindavan, 165 km from Agra and is also located in Mathura-Agra -Jaipur Heritage Corridor. The project is on the 6-lane controlled access motorway, with a new interchange planned between Sector 21 and Sector 28 to connect the "Infotainment City Project" to the Yamuna Expressway Western Peripheral Expressways and Delhi -Mumbai Expressway via. a proposed proposed new road link between Jewar Airport and Ballabhgarh in Haryana.

Gaurs International School and Oxford Green Public School are well known schools nearby (less than 5 miles), while key hospitals near the proposed location include the Gaur Hospital & Trauma Center and several state hospitals. With the growth of the city of YEIDA and Jewar Airport, several international schools and hospitals with multiple specialties are expected in the neighborhood.


Acquisition of land - almost in the final phase - another point that speaks for the project


Land is ready for development as the project is being planned on land previously allocated for a scrapped jungle safari project. The government is almost in the final stages of acquiring the land for the project. By November 2020, it had already acquired around 835 hectares of land from farmers and has now accelerated work to acquire the remaining 165 hectares for this project. Since the land has already been purchased, you can help avoid delays associated with these projects due to land acquisition issues and litigation.


Vistas Media, a Singapore-based company, has already announced an initial investment of US $ 10 million to set up an international film academy in the planned film city on a 20-acre campus.


Next airport in JEWAR: Developed in good time can increase connectivity


Although Delhi Airport serves the Yamuna Highway well due to its excellent road and subway connections, the upcoming JEWAR airport can significantly improve connections to the film city if it develops in good time. For comparison: the existing airport is approx. 77 km away from the location of the Filmstadt and the nearest airport will be approx. 7 km away.

Top 7 Posh Areas In Delhi – With the Most Expensive Houses

Wondering what it takes to own a home in a posh part of Delhi? We'll take you through some of the premium Delhi locations that undoubtedly have the most expensive Delhi homes too.

As well as being the capital of India, Delhi is the center of politics, a center of prestigious educational institutions and endless job opportunities. The city has some upper-class residential areas that are home to the city's super-rich. According to the Hurun Global Rich List 2021, about 40 billionaires live in Delhi, second only to Mumbai at 61. With countless neighborhoods haunted by the crème-de-la-crème, it's no surprise that Delhi has some of the most expensive. PIN codes. Let's take a look at these expensive and super stylish areas in Delhi.

            The 7 best posh neighborhoods in Delhi

1. Prithviraj Street

Located in the heart of the capital, Prithviraj Road is undoubtedly one of the most elegant areas of Delhi. As part of the most prestigious bungalow complex in Lutyens (LBZ), the houses on Prithviraj Road are among the most expensive in the capital. This beautiful avenue in central Delhi has Lodhi Gardens on one side and the Delhi Golf Course, Hippodrome and Safdarjung's Tomb on the other.

Prithviraj Road offers a tree-lined path with luxurious bungalows owned by celebrities such as LK Advani, Atul Punj (President of the Punj Llyod Group), Renuka Talwar (daughter of DLF President KP Singh), RP Goenka, Bollywood actress Sonam Kapoor and her husband Anand Ahuja, among many others. In addition, its neighborhood has embassies from Spain, Venezuela and Mexico, which together make Prithviraj Road one of the elegant areas of Delhi with the highest real estate value.

Shopping hubs like Santushti Complex and Khan Market is another factor that makes this road a top residential area in Delhi. One of the most exclusive localities in Delhi, the houses here come at a staggering cost and will surely make your jaws drop.

Price Range/sq. ft in Prithviraj Road: Real estate prices per sq. ft in Prithviraj Road start from Rs 38,095/ sq. ft and may go up to Rs 3,00,000/ sq. ft. 

Price Range for rent in Prithviraj Road: The monthly rental in Prithviraj Road for a 3 BHK is around Rs 2 lakh per month.

Prominent places near Prithviraj Road: Lodhi Gardens, Safdarjung Tomb, Old Fort, India Gate, The Claridge’s hotel, Shangri-La hotel. 

2. Jor Bagh 

Jor Bagh, located in South Delhi, is another splendidly posh area in Delhi. Safdarjung Tomb, Khan Market, and Lodhi Gardens are adjacent to Jor Bagh, with Humayun Tomb in proximity. This upscale neighbourhood enjoys ample greenery and is also home to renowned personalities as Congress politician, former minister, and senior lawyer – Kapil Sibal.

Price Range/sq. ft in Jor Bagh: Real estate prices per sq. ft in Jor Bagh start from Rs 4,444/ sq. ft and may go up to Rs 68,571/ sq. ft. 

Price Range for rent in Jor Bagh: The monthly rental in Jor Bagh depends on the exact location and size; the monthly rent may start from Rs 12,000 and can go up to Rs 6 Lakh.

Prominent places near Jor Bagh: Safdarjung Tomb, Race Course, Prime Minister Estate, Safdarjung Airport etc.

3. Panchsheel Park

Another residential area coveted by the city's rich and famous, Panchsheel Park is located on Delhi's outer ring road. The city has Panchsheel Enclave in the east, Hauz Khas in the west, Asian Games Village in the north, and Malviya Nagar in the south. In addition, this residential complex has the Panchsheel Club, which offers a variety of facilities such as a garden terrace, a café by the pool, a senior lounge, a party room and much more. This elegant area of ​​Delhi has housing developments in bungalows, detached houses and self-contained apartments. It houses several diplomats, retired politicians, bureaucrats and other high-ranking officials.

Price Range / Sq.ft in Panchsheel Park: Property prices per square meter in Panchsheel Park start at Rs 13,129 / sq.ft and can go up to Rs 56,603 / sq.ft.

Panchsheel Park Rent Price Range: Panchsheel Park monthly rent depends on the exact location and size; the monthly rent can start from Rs 11,000 and go up to Rs 5 lakh.

Highlights near Panchsheel Park: Deer Park, Hauz Khas Fort, Siri Fort, Ansal Plaza and many more.

4. Major Kailash

Popularly known as GK, South Delhi's Greater Kailash is divided into two divisional zones: GK I and GK II. The area is famous not only for being home to the rich, but also for having some leading retail brands.

It has one of the most popular commercial markets in the city, M block market, which is where you can find amazing coffee shops, salons and hair salons. The houses here are typically luxurious and the people who live here enjoy all the amenities that are available to them. The name sounds appropriate to the location, because the area is not only great, but "bigger" than most residential areas in Delhi.

Price Range / Sq.ft in Greater Kailash: Property prices per Sq.ft in Greater Kailash start at Rs 4,444 / sq.ft and can go up to Rs 68,571 / sq.ft.

Greater Kailash Rental Price Range: Monthly rent in Greater Kailash depends on the exact location and size of the property. Monthly rent can start at Rs 8,000 for a studio apartment and go up to Rs 6 lakh based on the current listing on

Highlights near Greater Kailash: Nehru Place, Lady Shri Ram College, Lotus Temple, Iskcon Temple and many more.

5. Shanti Niketan

Originally founded as a residential town for government officials, Shanti Niketan is now one of the most sought-after addresses in Delhi. Perhaps we Indians are fans of everything to do with the term 'sarkari'. (Like most Indian parents, they continue to pressurize their children to find a job with the government!). Well, kidding aside, with a very strategic location, Shanti Niketan is one of the most elegant residential areas in Delhi, the reason why you can find the best industrialists and other elite groups in the luxurious homes of Shanti Niketan.

Price Range / sq ft in Shanti Niketan: Property prices per square foot in Shanti Niketan start at Rs 8,000 and can go up to Rs 99,000 / sq. ft.

Shanti Niketan Rental Price Range: The monthly rent in Shanti Niketan depends on the exact location and size of the property. The monthly rent can start from Rs 45,000 and go up to Rs 6.3 lakh.

Highlights near Shanti Niketan: Shantipath Embassy District, DLF Promenade, DLF Emporio, Delhi Public School (RK Puram), DU South Campus are also in the vicinity of the place.

6. Vasant Vihar

Vasant Vihar, one of the posh cities of Delhi, is close to Indira Gandhi International Airport, one of the main driving forces. It also had the first PVR theater, located in the iconic Priya Market in Vasant Vihar. With several restaurants and places to stay and renowned university campuses such as the IIT Delhi, JNU and DU South campuses in close proximity, it is one of Delhi's preferred locations.

Price Range / Sq.ft in Vasant Vihar: Property prices per Sq.ft in Vasant Vihar start at Rs 10,882 / sq. ft and can rise up to Rs 21,111 / sq. ft.

Rental price range in Vasant Vihar: The monthly rent in Vasant Vihar depends on the size of the property. The monthly rent can start from Rs 14,000 and go up to Rs 15 lakh.

Highlights near Vasant Vihar: DLF Promenade, DLF Emporio, Ambience Mall, Delhi Public School (RK Puram), Uttara Swami Malai Temple and many more.

7. Gulmohar Park

Located in a posh neighborhood in South Delhi, Gulmohar Park is a top residential area in Delhi maintained by the Delhi Development Authority (DDA). A group of journalists helped build this city and today it is one of the quietest places in the busy city of Delhi. Some of the prominent names in the Bollywood industry like Amitabh Bachchan, top journalists, business moguls and other well-known personalities own properties here.

Price Range / Sq.ft. in Gulmohar Park: Property prices per square meter in Gulmohar Park start at Rs 13.88 / sq.ft and can go up to Rs 66,666 / sq.ft. rise

Gulmohar Park Rental Price Range: The monthly rent in Gulmohar Park depends on the size of the property. The monthly rent can start from Rs 16,000 and go up to Rs 2.5 lakh.

Highlights near Gulmohar Park: Siri Fort, Nation Institute of Fashion & Technology, Qutub Complex, NCUI Auditorium & Convention Center, Ansal Plaza, South Extension Market and much more.

(Please note that all rental and price range offers above are based on current offers on Buyolp.)

So this has been our roundup of the most expensive and stylish areas in Delhi. All of them have excellent connections to the most important places and sights of the city with numerous shopping opportunities and meeting points.

Top 10 preferred localities in Chennai in Q1 2020

Chennai: Infrastructure improvements attract home buyers

Chennai has developed into one of the most important real estate markets in South India in the recent past, mainly due to development projects such as the expansion of the subway line and the construction of railways over bridges. According to Buyolp's research, areas such as Central Chennai, Old Mahabalipuram Road (OMR), Porur, Ambattur, GST-Perangalthur-Chengalpattu, Velachery, Kolathur-Perambur, Anna Nagar, Arcot Road and East Coast Road emerged as the top 10 locations Popular to buy a home in Chennai in Q1 2020.

Central Chennai

Downtown Chennai is an established residential area between the Cooum and Adyar Rivers of Chennai. The area is full of multi-story apartments and single-family homes that attract high quality home buyers. It is surrounded by IT technology parks such as Tidal Park, DLF IT Park, Chennai One IT SEZ and other industrial areas such as the Ambattur Industrial Estate. Good road and rail connections as well as the proximity to important educational institutions are driving real estate growth. The net present values ​​in downtown Chennai range from Rs. 6,650-11,350 per square foot

Old Mahabalipuram Street (OMR)

OMR (State Highway 49A or Rajiv Gandhi Salai) is a main road that connects Chennai with Mahabalipuram. There are several well-known IT parks and educational institutions along this street. Seamless connectivity with other parts of Chennai; In addition to infrastructure developments such as the upcoming subway phase 2, a 4-lane elevated road and the proximity to employment offices, the demand for living space is increasing. The capital values ​​of Old Mahabalipuram Road range from Rs. 3,500-5,950 per square foot


Porur is located in the western region of Chennai and is a well developed residential area. Porur is located on Mount Poonamallee Road near several IT parks such as DLF IT Park, WS - IT Park, ESTRA SEZ and Jayanth Tech Park; and some well-known educational institutions such as Ramachandra Medical College. Porur has excellent connections to other parts of Chennai, which is driving demand for residential property. The net present values ​​in Porur range from Rs. 4,150-6,750 per square foot


Ambattur is located in the northwestern part of Chennai. It is a rapidly developing residential and industrial city. It is also known as an aid center as it houses many small industries. The main drivers of the residential growth are the industrial area Ambattur, the proximity to IT technology centers, the next subway in phase 2, which will run through Ambattur with a planned subway station at the Ambattur bus station. Equity values ​​in Ambattur are in the range of Rs. 3,650-6,600 per square foot

GST- Perangalthur-Chengalpattu

This is an elevated corridor that connects the city's airport to Chengalpattu on the GST highway. GST is a freeway that starts at Cooum Creek and ends at the Kathipara Junction. Perangalthur is a residential area in southern Chennai. Provides bus services to the cities of Kerala and Tamil Nadu. Chengalpattu is on the NH 45. It has good road and rail links, and famous health centers and educational institutions are driving real estate growth. The net present values ​​in GST-Perangalthur-Chengalpattu range from Rs. 3,400 - 5,300 per square foot

Kolathur perambur

Kolathur and Perambur are the residential cities in the northern region of Chennai. Kodungaiyur, Sembium, TVK Nagar, Villivakkam, Manali, Vepery are the nearby towns. The expansion of the Phase 2 metro, which runs through Perambur and renowned educational institutions, has driven property development. The main cities of Chennai are accessible by rail and road. Chennai Central Railway Station, Perambur Railway Station and the Perambur Overpass facilitate connectivity. It is home to renowned schools such as the Don Bosco Higher Secondary School and the St. Mary’s Group of School. Net present values ​​in Kolathur-Perambur range from Rs. 4,300 - 8,200 per square foot


Velachery is a rapidly growing residential and business district in South Chennai. The growth of this area is attributed to the growth of the IT sector. In addition, the upcoming metro expansion that will connect Velachery to St. Thomas Mount is fueling property growth. Velachery has easy access to social services, which attracts many home buyers. The net present values ​​at Velachery range from Rs. 5,350-9,050 per square foot

Highway on the east coast

The East Coast Road (ECR or State Highway 49) is a four-lane coastal road that connects Chennai via Pondicherry with Cuddalore and leads to Kanyakumari. Several IT technology parks as well as manufacturing and mechanical engineering industries are represented throughout the ECR. It also offers easy access to the airport. In addition, this section includes major tourist attractions such as the Tiger Cave, Dakshinachitra, Muttukadu Boathouse, and others. The ECR route provides seamless connectivity to other parts of Chennai and is also adjacent to Old Mahabalipuram Road (OMR), which is driving property growth. The capital values ​​on East Coast Road range from Rs. 4,050-11,400 per square foot

Anna Nagar

Anna Nagar is located in northwest Chennai and is a well developed design. It is close to famous cities like Villivakkam, Shenoy Nagar, Kilpauk and Padi. The nearby airport, IT technology parks and business parks as well as the seamless connection to other parts of Chennai are increasing the demand for housing. It has well-planned arterial and connecting roads that provide excellent connections within the area. The net present values ​​in Anna Nagar range from Rs. 8,650-12,300 per square foot.

Arcot Street

Arcot Road is also known as SH 113 or NS Krishnan Salai. It is a 12 km route that connects Nungambakkam with Porur. It is an established micro-market with many ready-to-move-in apartments and has good road and rail connections. The proximity to the airport, to commercial areas and the good rail and road connections are driving real estate growth. Arcot Road's net present values ​​range from Rs. 5,500 - 9,750 per square foot.

All you need to know about Grama Natham

What is the land of Grama Natham? How do we check it? Shanmugarajan asks in the Buyolp question and answer forum. Grama Natham or Natham Patta or Thorya Patta are the property conditions that property buyers in South India are often faced with.

The term Grama Natham was born to define the land that could be used to build houses. It was also created to better distinguish residential locations from government lands such as Inam Lands, Ryotwari Lands, Pannai Lands, and Badlands.

The bare and unused land on the outskirts of cities like Chennai is known as Grama Natham. It's a piece of land that doesn't really belong to anyone. There is no legal proof of ownership of such land.

The land of Grama Natham may only be used for residential and non-commercial purposes. There is no surrounding social infrastructure and there is hardly a negligible scope for development for the future.

Grama Natham land is often available at a lower cost, especially in the suburbs of Chennai.

How do we check it?

Check if your investment is Land of Grama Natham by following these simple steps:

Visit the Tamil Nadu Government Official Website

Enter the name of your city and the results page will give you the information.

Click on "Check Property" and find out the details about the type of property

 Legal process for land purchase under Grama Natham

Check how the land was acquired? If it was a different purchase or inheritance contract, request the documents.

You need to get the khata extract that is obtained from the gram panchayat. is kept

If a site is already part of Natham Grama, it has usually been converted for non-agricultural use. If you are in the old, established hamlets, there is no need to have a copy of the land conversion from agricultural to non-agricultural use. However, if it is an extension site, it is better to get it as well.

With the above documents you can create a sales contract and record the sale. The registration office issues a citizen's letter. After registering, you can apply for a khata yourself from the Gram Panchayat if it is not part of the Bruhat Bangaluru Mahanagar Palike (BBMP).

If the Gram Panchayat has already been absorbed by the BBMP, you can request a Khata change from the BBMP. It is the duty of the BBMP to take care of the proof of ownership of the Gram Panchayats it has taken in to ensure a smooth transition from one local body to another.

Risks of buying land with Grama Natham

Buying land from Grama Natham can be risky at times, so it is often recommended that you avoid it.

For this reason, you should reconsider your decision to buy land from Grama Natham:

Patta's private land is subject to proof of income, so it can be considered much easier to own and trade. Buying land from Grama Natham can always be a risky investment, although one can legally build a house on this land while enjoying the advantages of a lower initial cost.

Grama Natham Land may be less liquid compared to Patta Land as there are fewer buyers for such properties. If a Grama Natham property is owned by an individual, applying for Patta is still possible but not easy to come by.

It is important to note that the land of Grama Natham can never be used for commercial activities. These plots are residential locations and must be actively used by the owner. If the Natham is vacant, it is classified as Grama Natham.

Land ownership is a major concern. If you receive a patta within the time frame, your purchase decision can be considered.

There are lengthy legal processes involved in purchasing land from Grama Natham. The duration of this procedure depends solely on the verified documents of the seller.

Therefore, before buying a plot of land from Grama Natham in Chennai, check all legal aspects and consider the potential risks associated with the property. If not verified properly, your investment can run into trouble.

Velachery a prime realty hotspot of South Chennai

"The availability of public services, proximity to major IT centers and excellent connectivity are the main drivers of demand for residential property in Velachery."

Velachery is an established residential town in southern Chennai and surrounded by prominent areas such as Guindy, Perungudi, Taramani, Madipakkam and Nanganallur. The city is characterized by single-family houses and low-rise projects. Velachery is an ideal location from a consumer and investor perspective as it is well connected to the central business district and the Old Mahabalipuram Road (OMR) IT corridor.

Examples of major residential projects in the area include CeeDeeYes Regal Palm Gardens, Tuxedo, and Phoenix Mills The Crest. Property prices in the area are in the range of INR 4150-9000 per square foot and the rental property starts at INR 17,500 and goes up to INR 30,000.

Key factors:

Job Centers - Located near several technology parks and business parks, there are major job centers nearby such as SP Infocity, Ascendas IT Park, Olympia Technology Park, Ramanujan IT City, ASV Suntech Park, Prince InfoCity and Bahwan Cyber ​​Tek.

Connectivity: Velachery has excellent connections to the rest of the city via Velachery Main Road, Grand Southern Trunk (GST) Road, OMR and Velachery Train Station. Chennai International Airport is eight miles from the city on GST Road.

Social Infrastructure: Renowned educational institutions in the area include the DAV Public School, the Indian Institute of Technology (IIT), the National Institute of Fashion Technology (NIFT) and the Guru Nanak College. Other major services in and around the city include Prashanth Super Specialty Hospital, Apollo Specialty Hospitals, Grand Square Mall, and Phoenix Marketcity Mall.

Prospects for the housing market

The Velachery housing market is dominated by 2 BHK, with around 60% of the total supply in this configuration.

Velachery is one of the most desirable cities in Chennai, with easy access to other parts of the city, including prestigious schools, colleges, health centers, restaurants, and shopping malls, among others. In addition, the planned Metro Corridor 3 (Madhavaram-Sholinganallur) in Phase 2 of the Chennai Metro would further improve the connectivity of Velachery.

Sholinganallur an established IT hub of Chennai

"Most desirable residential destination for professionals working in the IT corridor along Old Mahabalipuram Road (OMR)"

Sholinganallur is a developing commercial and residential city along the IT corridor along the OMR in southern Chennai. The growth in Sholinganallur's economy, population and infrastructure is due to the establishment of several IT business parks and special economic zones across the OMR. Sholinganallur is surrounded by the areas of Perumbakkam, Karappakam, Medavakkam, Pallikaranai, Semmancheri and Navalur.

Projects presented in the city include Adroit Artistica, Embassy Residency, KG Chandra Vista and Casagrand Amethyst. Local property prices are in the range of INR 4300-6700 psqft. The rental price for the city ranges from INR 19,000 to INR 32,000 per month.

Key factors:

Job center: In the city there are several IT parks and ELCOT SEZ with offices for various IT specializations such as Cognizant Solutions, Tech Mahindra, HCL, Wipro, TCS and Infosys. In addition, Sholinganallur is closely linked to the SIPCOT IT Park in Siruseri.

Connectivity: It is well connected by major OMR roads, East Coast Road (ECR), Perumbakkam Main Road and Velachery-Tambaram Road. Tambaram Railway Station is the closest train station and is 14 km from the city, while Chennai International Airport is 20 km away.

Social infrastructure: Outstanding shopping centers such as Vivira Mall (Navalur), Marina Mall (Siruseri) and Mayajaal (Kanathur) are located 8 km from the city. Other social infrastructures in the city include Ramana Vidyalaya, Sathyabama Institute of Science and Technology, Jeppiaar College of Engineering, Gleneagles Global Health City, and Swaram Specialty Hospital.

Perspectives for the housing market:

Most of the development in Sholinganallur consists of multi-story apartments, which make up more than 85% of the total supply.

Sholinganallur is close to the beaches of the East Coast Road and offers a range of world class commercial and social infrastructures. The planned Metro Corridor 3 (Madhavaram-Sholinganallur) as part of Phase 2 of the Chennai Metro would improve connectivity in the region in the long term.

Reduction in stamp duty and developers offers to help revive Bengaluru real estate market Says Q2 2020 Propindex

Over the past 5 years, the Bengaluru residential real estate market has maintained steady dynamism with growth of 17.7% and 33.3% respectively in the ready-to-move and under-construction segments. However, last quarter the price fell nearly 3% on the COVID-19 outbreak. By lowering the stamp duty on real estate worth up to INR 35 lakh, the state government took the initiative to encourage home buying.

Many local developers have also enabled online booking services like digital signature, online payment, virtual tours, and video conferencing to help sales even during an outbreak, and offerings like "Once in a Lockdown" are designed to bring customers to market. .

Supply and demand analysis

Whitefield, Sarjapur Road, Bellary Road, and Electronic City were the most preferred in the second quarter of 2020

Bengaluru thrives on healthy demand in the middle segment, with 2 and 3 BHK searches making up over 40% of the demand. Together they make up 88% of property searches and 92% of the offer. However, the market is slowly moving towards the affordable segment and there is a small gap between supply and demand at less than INR 5,000 per price segment per square foot. Demand for 1BHK and 2BHK configurations is likely to continue to grow due to the stamp duty cut between 3% and 5% for properties up to INR 35 lakh.

The affordable housing market in Bengaluru is expected to continue to grow as the peripheral areas develop.

Whitefield, Sarjapur Road, Bellary Road and Electronic City were the four main micro-markets in the city, supported by factors such as affordability, better access to IT centers and strong connections to the airport. The expansion of the subway lines Baiyappanahalli - Whitefield and RV Road - Bommasandra should stimulate future demand for the business centers of Whitefield and Electronic City.

Price analysis

COVID-19 resulted in a 1-3% price drop in most budget segments

A price drop in the ready-to-move segment was seen in the second quarter of 2020, eliminating the profits of the last six quarters. Price rationalization was mainly observed in established localities in northern Bengaluru, including Hebbal, Horamavu, Hennur and Malleshwaram, which saw prices drop by 5-7%. The price hike this quarter was mainly focused on the cities of southern Bengaluru such as Begur Road, Uttarahalli and Koramangala.

Important trends to watch out for

Following the COVID-19 pandemic, the government allowed the partial sale of parcels in design to ease the developers' liquidity situation and speed up the design development process.

The state government allows the regularization of more than 75,000 properties, which were originally part of the BDA development program but were in unauthorized possession for more than 12 years, against payment of fines.

Labor shortages, supply chain disruptions and the three-month extension of the RERA term in Bengaluru are likely to postpone delivery of some projects under construction for a few months.

Bengaluru-Chennai Expressway likely to have a positive impact on real estate

The Bengaluru-Chennai Highway is part of a larger project: the Bengaluru-Chennai Industrial Corridor. The development of this corridor is not only intended to stimulate industrial growth between Bengaluru and Chennai. But also between South India and East Asia by enabling faster goods traffic from Karnataka and Andhra Pradesh to the ports of Chennai and Ennore.

The current distance between Bengaluru and Chennai is approximately 326 kilometers. With the introduction of the new Bengaluru-Chennai Highway, this distance will be reduced to around 262 kilometers. This route runs from Hoskote in Bengaluru to Sriperumbudur on the outskirts of Chennai. It will reduce the distance by around 50 kilometers and is designed for vehicles with a top speed of 120 km / h.

Industrial centers in Karnataka, Andhra Pradesh and Tamil Nadu are to be connected

This first greenfield highway in South India is being built by the National Highway Authority of India. Originally it was an 8-lane corridor, which was later reduced to 6 and later to 4 to reduce costs. The highway passes important industrial centers such as Hoskote and Bangarpet in Karnataka, Palamaner and Chittoor in Andhra Pradesh and Sriperumbudur in Tamil Nadu.

Proposal for the project on Kochi. to expand

The highway, which is part of the Bengaluru-Chennai Industrial Corridor, is one of 5 industrial corridors being developed by the National Industrial Corridor Implementation and Development Trust. The Bengaluru-Chennai Expressway and the Bengaluru-Chennai Dedicated Freight Corridor are the two main infrastructure carriers for this project. There is also a proposal to extend the project to Kochi. Work on the project should begin in a few months. The highway will run 72 km in Karnataka, 85 km in Andhra Pradesh and 106 km in Tamil Nadu. The project costs around Rs. Rs 17 billion is expected to be completed in two and a half years.

Bengaluru-Chennai highway to create more employment opportunities

Karnataka's automotive center consists of regions such as Hoskote and the industrial area of ​​Narasapura. When this section is connected to the Tumkur Highway via KR Puram, a continuum of automotive, industrial and logistics centers is created that extends through Andhra Pradesh to Chennai.

What do residents say?

Venugopal, a resident of Hoskote, says any project that the government starts is to our advantage. This project will undoubtedly benefit Hoskote as well. With the establishment of the industrial corridor, job opportunities and property values ​​will increase. However, the main disadvantage is that local residents do not receive compensation for their land in a timely manner. If they buy our land today, a consensus will only be reached after 10-15 years!

Patel Sonne Gowda, a farmer from Hoskote, says the environment is being exploited in the name of development. The waters and Rajakaluves are being destroyed. The locals, especially the farmers, face many difficulties as a result. For example, the government will block these roads. And there are many cities on either side of the road. They give a detour of 5-6 kilometers for nearby cities. And a person has to travel 5 to 6 km for simple things like handing out milk and shopping for vegetables. No one will even come close to buying our land when the barricades are lifted. In addition, our connecting roads will be blocked and a toll will be charged. How fair is that?

Key areas in Hyderabad to invest in plots

Buying land to invest is seen as a big step, both financially and emotionally. When looking to invest in a property, these are the areas to consider.

Everyone dreams of investing in the city. Most people move to suburban areas where there is space, thereby relieving the hustle and bustle of the city and pollution. In reality, however, when buying land, investors also consider the connectivity of the area as they close the deal.

The city is gradually gaining popularity due to its availability of land and affordable prices. In recent years, some areas of Hyderabad have brought healthy benefits due to rising property prices. Farhan Saeed, Adibatla Real Estate Advisor, explains, “Many areas in Hyderabad have great potential and an investment in a plot of land would ultimately generate high returns. Today, the city is emerging as a hotspot for real estate investment considered low risk and high return due to rapid advances in education, job prospects, medical facilities, ITeS, hospitality and other businesses, but buying land is seen as a bit risky at the moment minimum take-off range per square meter Rs 12,000 to Rs 5 lakh. "


It is approximately 20 km from the financial district on Shankarpally Road and 25 km from Narsingi ORR;

The area is close to Lake Osman Sagar with a wide green cover and clean air;

Mahesh Chandrashekhar, a Mokila resident and IT consultant, said, “The area that was on the outskirts of the city has now become mainstream via the Outer Ring Road (ORR) and other subway lines. The area next to the ORR is mainly used by builders or those interested in real estate due to its lush land, vegetation and its connection to major roads and national attractions.


The area belongs to Shankarpally Mandal of Ranga Reddy district in the western region of Hyderabad;

It is a developing city with excellent infrastructure and functional connections to the city. It is close to the IT corridor and about six kilometers from the famous IIT Hyderabad;

Land prices here start at Rs 20-25 lakh and go up to Rs 5-6 crore. For residential lots, the price starts at 23-25 ​​lakh and goes up to 50-55 lakh, says a local real estate agent.


It is to the east of the city on the Hyderabad-Warangal Highway;

It has attracted the attention of many property investors in the recent past as it is located very close to the Yadagirigutta Temple.

P. Reddy, the senior ombudsman, was quoted as saying, "The Telangana government has also allocated a huge sum of money to the development of Yadagirigutta, which will help develop its surrounding areas, including Ghatkesar."


The area is famous for delivering most of the city's packages and for Tata Aerospace's EEZ;

The area is planned as the next IT hub; expects good returns;

As part of the information technology investment region, the area has already received investments from companies such as TCS, Cognizant, and Google.


The Isnapur and Patancheru area is well connected to the city and many industrial projects have been planned that would make it an easy investment option.


Shadnagar is an emerging residential property market on the outskirts of the capital, Hyderabad;

It has an abundance of land and independent houses. It is one of the fastest developing cities.

Real estate market

Shadnagar is a popular destination for investors and home buyers due to the availability of parcels and inventory of various types of real estate including houses, apartments, villas, industrial plants and agricultural land.

According to Buyolp data, Shadnagar had capital appreciation of nearly 35 percent last year. Above all, the land and single-family houses are in abundance. Residential lots are available in the price range of Rs 10-30 lakh depending on the location. In recent years real estate prices have risen steadily and the demand for residential properties is great.


The outer ring road (ORR) connects them with nearby towns;

Shadnagar Railway Station is only 2 km away.

There are five direct trains between Shadnagar and Hyderabad;

Although Hyderabad is approximately 50 km from Shadnagar, the connection via NH-44 is good. The city is connected to Rajiv Gandhi International Airport, 35 km away via the NH-44;

The proximity to the industrial areas of Balanagar, Kothur and Kondurg makes Shadnagar a potential place to live in the future.

Social infrastructure

The place has several schools and universities within five kilometers;

Shadnagar Police Station is 1 km away.

The area includes shopping complexes such as the GSR Complex, the Bhavani Shopping Mall.

Plan a deal


Kompally is rapidly developing as a residential center. Because of its extensive green coverage, it is preferred by those who do not want to live in crowded places;

It has a well-developed road infrastructure and is approx. 28 km from the HITEC City and Gachibowli industrial parks;

Thanks to the Outer Ring Road (ORR), Kompally residents can easily move around the city without being stuck in traffic. For people working in Secunderabad, this is also a good option as it is only 14 km away.

Real estate market

Buyers will find good options for apartments and residential lots in the area. It has several new projects offering affordable premium and luxury real estate. You can buy residential lots from 1350-3000 square feet between a price range of Rs 35-80 lakh.


Kompally is surrounded by Medchal in the north, Shamirpet and Keesara in the east, and the city of Hyderabad in the south. It has a good public transport system that includes: Bolarum MMTS (Multimodal Transport System) train station, three miles away;

Gundlapochampalli railway station, 4.9 km from the city;

The area is close to the ORR and NH-44, making it easy to get to the airport.

The city is accessible via the NH-7, Doolapally and Bolarum-Kompally Road;

Rajiv Gandhi International Airport is 49 km away.

Top 10 preferred localities in Pune

Pune: the most popular areas for IT parks

With Pune being one of the leading IT hubs in India, developments in the IT sector along with improved connectivity and public transportation are driving demand for residential real estate in Pune. Places near IT / ITeS industrial parks and areas (such as Airport Road, Hadapsar, Kondhwa-Wanwadi, Paud Road, Baner, Dhayari-Narhe-Ambegaon BK, Wakad, Dhanori-Lohegaon, Pimple Saudagar and Wagoli) have been considered for For the quarter of January-March 2020, the most profitable and popular locations to buy a home were according to PropIndex, a recently published housing index by Buyolp.

Airport road

Airport Road is a major highway in the city of Pune that runs through the residential market towns of Yerwada, Vishrantwadi and Viman Nagar and offers a mix of residential and commercial properties. The demand for residential real estate along Airport Road has become one of the top options for homebuyers in Pune due to its proximity to Pune International Airport and the excellent social and commercial infrastructure with schools and colleges, banks, hotels and restaurants, hospitals and shopping malls. and shopping malls. You can also enjoy the proximity to IT parks in Yerwada and Viman Nagar. It also has solid links with IT centers in Magarpatta and Kharadi, as well as industrial areas in Mundhwa, Kondhwa and Hadapsar. The capital values ​​on Airport Road range from Rs. 5,650-8,700 per square foot.


Hadapsar is one of the fastest developing suburbs of Pune, known for its commercial and residential space, favored by middle income groups as well as low budget home buyers. Hadapsar has a social and commercial infrastructure consisting of schools and universities, banks, hotels, hospitals and shopping centers; together with a good public transport infrastructure via buses from Pune Mahanagar Parivahan Mahamandal Limited (PMPML) and a planned subway train between Hinjewadi and Phursungi via Hadapsar. In addition, Hadapsar enjoys the proximity and functional connection to IT parks such as Magarpatta City, SP Infocity and EON Free Zone, which attracts employees to these job centers.

Hadapsar capital values ​​range from Rs. 4,800 - 8,350 per square foot


Kondhwa-Wanwadi (Wanowrie) is a developing micro-market for residential real estate in Pune, offering affordable to high quality residential projects. It boasts of adequate social infrastructure, decent public transportation, and proximity to work centers. Includes the Kondhwa and Wanwadi areas. It has become a hotspot that draws home buyers to Pune due to its proximity to industrial areas in Kondhwa, Mundhwa, Hadapsar, and Wanwadi. along with secure connectivity to the IT centers of Magarpatta, Kharadi and Phursungi. Capital values ​​in Kondhwa-Wanwadi range from Rs. 4,600-9,850 per square foot

Paud Street

Paud Road (Mulshi Road) is a main road that passes through important cities in Pune such as Kothrud, Bavdhan, Bhugaon and Pirangut; Offer affordable residential properties to middle-income home buyers.

Good retail and social infrastructure, proximity to industrial areas in Bhugaon and Pirangut; Coupled with excellent connections to IT centers in Hinjewadi, Kharadi and Phursungi via easy access to the Pune Bengaluru Highway (NH 48), they attract a large group of homebuyers who are employed in these areas. The net present values ​​of Paud Road range from Rs. 4,350-5,800 per square foot


Baner is a luxury residential suburb in Pune that offers multi-story apartments and single-family homes, as well as some commercial buildings. Proximity to Hinjewadi IT Park and the Mumbai-Pune Highway; Together with excellent civic services, commercial infrastructure and public transportation, they are driving demand for housing in this region. The next metro has further boosted demand for housing in Baner. Baner's stock values ​​range from Rs. 6,100-9,350 per square foot

Dhayari-Narhe-Ambegaon BK

Dhayari-Narhe-Ambegaon BK is an emerging residential micromarket with some commercial developments along the Mumbai Bengaluru Highway (NH 48) consisting of affordable multi-story apartments, single-family homes and residential lots. Decent public services, public transportation, and retail establishments attract home buyers. This area has become one of the best locations in Pune due to its proximity to IT parks and industrial areas in Nanded City and Ambegaon BK as well as excellent connections to other IT parks and industrial areas in Pune and Satara. The net present values ​​in Teen Hath Naka range from Rs. 3,650-6,500 per square foot


Wakad is a developing residential town in the Pimpri Chinchwad Municipal Corporation (PCMC) area on the outskirts of the city of Pune, which includes mid-to-high-end multi-story apartments. It is preferred by many home buyers who are traced back to its IT centers near Hinjewadi and Nigdi. along with excellent connections to Mumbai and industrial areas in Akurdi, Chakan and Talegaon. In addition to decent social facilities and civic infrastructure, easy access to other areas of Pune via the Mumbai-Bengaluru Highway (NH 48) and the upcoming housing demand for subway units in Wakad. The net present values ​​in Wakad range from Rs. 5,450-7,800 per square foot

Dhanori Lohegaon

Dhanori-Lohegaon is a well-known micro-market for residential real estate next to Pune International Airport and the Airforce Station. A quiet and tranquil neighborhood in the middle of a defensive area and proximity to work centers are driving demand for housing in the area. Over the years, the Dhanori-Lohegaon area has grown from a peripheral region of the city of Pune to a significant location for affordable housing in Pune due to the growing preference of professionals from nearby IT / ITeS centers in Kharadi, Yerwada and Kalyani Nagar. The net present values ​​in Dhanori-Lohegaon range from Rs. 4,250-6,350 per square foot

Saudagar pimples

Pimple Saudagar is a developed residential area in the PCMC area next to Wakad, which comprises multi-storey residential units of the middle to upper category. The proximity to the Hinjewadi IT Park and the industrial areas in Bhosari make it one of the fastest growing areas in Pune. It encompasses a wide range of residential developments, from affordable homes to luxury apartments. As it is mostly residential, it has strong social services and commercial facilities, as well as public transport with a reasonable frequency. The next train subway would improve connections to other areas of Pune. The net present values ​​in Pimple Saudagar range from Rs. 6,050-8,100 per square foot


Wagholi is one of the fastest growing suburbs in Pune, on the outskirts of the city of Pune. Over the past decade, Wagholi has attracted a large number of budget home buyers as well as employees in nearby IT centers and industrial areas. The residential development in Wagholi consists of apartments, villas and multi-storey plots.

Although outside the boundaries of the Pune Municipal Corporation (PMC), the local citizenry provides the basic social and commercial infrastructure for a place to live. In addition, a proposed upgrade of the existing citizens' authority or a merger with the PMC would improve the infrastructure in the region. Located next to the IT / ITeS hub Kharadi, together with a strong connection to the industrial areas Hadapsar, Shikrapur, Sanaswadi and Ranjangaon via Nagar Road (SH 27), they have stimulated the real estate market in Wagholi. The net present values ​​in Wagholi range from Rs. 3,800 - 5,700 per square foot

Tollygunge a well-developed locality of Kolkata

"Driven by excellent connectivity and well-developed retail and social infrastructure, Tollygunge is emerging as Calcutta's premier city."

Tollygunge, known for the Bengali film industry, has been a major Kolkata attraction since the early 20th century. Among the posh areas of southern Kolkata, it has been under the jurisdiction of the Kolkata Municipal Corporation since 1951. The place has a high-quality infrastructure and good connections. The most famous cities closest to Tollygunge are Kudghat, Netaji Nagar, Ranikuthi, Jadavpur, Golf Green and Bansdroni.

Several real estate projects and single family homes in Tollygunge are under construction and being completed. Some notable projects here are Ideal Greens, Merlin The One, Merlin Verve, Eden Tolly Gardenia, etc. Tollygunge property is available in the price range of INR 2500-4500 per square foot while rental properties are in the range of INR 14,000-24,000 per month.

Key factors:

Work Center: Park Street, Bhawanipur, Rabindra Sadan, BBD Bagh (10 km), Salt Lake (17 km) and New Town are the main work centers that are closest to Tollygunge and are well connected. Standard Chartered, HDFC Bank, HSBC Bank and other companies from various industries are represented in these work centers.

Connectivity: Major roads through Tollygunge include SP Mukherjee Road, Prince Anwar Shah Road and NSC Bose Road. These roads conveniently connect Tollygunge to parts of central, eastern and southern Kolkata. The city also has its own Mahanayak Uttam Kumar metro station (blue line) next to Tollygunge train station.

Social infrastructure: Tollygunge Golf Club, Royal Calcutta Golf Club and ITC Sangeet Research Academy are among the main attractions of the city. Additionally, there are many educational and health facilities in and around Tollygunge, including South City International School, Tollygunge Girls High School, G.D. Birla Center for Education, M. R. Bangur Hospital, RSV Hospital, and Tapan Sinha Memorial Hospital. The famous South City Mall is just 2 km from here.

Tollygunge offers a wide range of properties in various price segments from INR 20 Lacs to 1.5 Cr. In addition, the Tollygunge housing market is dominated by the mid-range BHK configuration, which accounts for more than 80% of the total supply.

Tollygunge is well connected as it is ideally located in the city and is surrounded by roads and subway networks. Tollygunge is a convenient service class location as it offers easy access to IT parks.

New Town most preferred residential market of Kolkata

"Driven by the presence of IT parks like the Ecospace Business Park, affordability and excellent connectivity, New Town is proving to be a potential real estate hotspot"

New Town is a planned area on the northeastern outskirts of Kolkata. It is located in the North 24 Parganas District and is part of the Calcutta New Town Development Authority. As a development region, New Town is divided into three parts: Action Areas I, II and III. It includes a combination of housing developments, commercial and retail complexes, corporate parks and institutional units. Prominent cities near New Town include Rajarhat, Kestopur, Salt Lake, Baguiati, and Lake Town.

Most of the residential projects here are multi-story apartments like NBCC Vibgyor, Dream One, Greenwood Nest, and The Sky Garden. The resort's capital price is in the range of INR 2,500-5950 per square foot, while the rental price of the resort is in the range of INR 16,500-31,500 per month.

Key factors:

Employment Center: New Town, along with Salt Lake Sector V, is a developing employment zone in Calcutta. Both New Town and Sector V are known for various business centers and IT parks such as DLF IT Park 1 & 2, Unitech Infospace, Candor Techspace, TCS - Gitanjali Park and Ecospace Business Park.

Connectivity: New Town Road, Aliah University Road, Biswa Bangla Sarani Road (NH-12), and Rajarhat Main Road are some of the major roads here. Netaji Subhash Chandra Bose International Airport is approximately 12 km from here and can be reached in half an hour.

Social Infrastructure: Some of the major educational institutions in New Town are DPS, The Newtown School, Techno International, Narayana School, and Aliah University. Notable health facilities in the area include Ohio Hospital, Tata Medical Center, Sankara Nethralaya, and Charnock Hospital. Several nearby shopping and entertainment destinations include Axis Mall, City Center New Town, DLF Galleria, and Aquatica Water Park.

New Town is developing into a major employment center and residential city in Calcutta. The location is most preferred by the service class population because of its affordability and proximity to IT parks. In addition, Line 6, which is under construction, or the Yellow Line (New Garia Airport Line) is expected to provisionally provide a subway connection in this area by 2021, which would likely improve the connection and development of the area.

Howrah a landmark location

"Howrah is the epicenter of Kolkata's cultural, industrial and commercial growth"

Howrah (Twin City) is located on the west bank of the Hooghly River and is a prominent place that acts as a link between Calcutta and the Howrah district. Howrah is also called Sheffield of the East due to the presence of the engineering industry. Liluah, Belur, Santragachi, Shibpur, Bally, and Ramrajatala are some of Howrah's prominent neighboring towns.

The featured housing projects in Howrah include Kolkata West International City, Shapoorji Pallonji Joyville, Merlin Waterfront, BG Bally Imperia, Forum Pravesh and Unitech Gateway. Residential property prices in Howrah are in the range of INR 1900-4600 psqft. Rental prices in the village are in the range of INR 13,000-22,000 per month.

Key factors:

Employment Center: Various private and government offices in the BBD Bagh (14 km) and Park Street (13 km) areas are within easy 30-40 minutes via solid road links. Also, the major computer parks in Salt Lake Sector V (15 miles) and New Town (28 km) are almost an hour from Howrah.

Connectivity: Howrah is connected to Kolkata by several roads and bridges, such as Kona Expressway, Grand Trunk Road, PWD Road, Vivekanand Setu, Nivedita Bridge and Howrah Bridge. Howrah Railway Station is a major railway station and terminal for the East and Southeast Railways. In addition, Howrah is slated to get a subway connection with Line 2 (Green Line), which would connect Howrah to Teghoria via Esplanade and Salt Lake.

Social Infrastructure: The most famous schools here are the St. Agnes Convent School, the Asian International School, DPS Howrah and Agrasain Balika Siksha Sadan. Howrah is home to the renowned Indian Institute of Engineering, Science and Technology (IISER). Renowned hospitals in this area include Howrah District Hospital, Narayana Super Specialty Hospital, Howrah Orthopedic Hospital, etc. The most popular outlets in the area are Avani Riverside Mall, Forum Rangoli Mall and E-Mall.

Here's how you can redecorate your home under 10K

Refreshing home decor can be one of the most difficult tasks - financially. Anu learned this while preparing to decorate her own home for her in-laws. Any options Anu had in mind were over budget. So she called her sister Richa, an interior designer, for help.

As he explained his financial problems to Richa, he heard her laugh. Richa asked in a funny way, "Dee is taking notes. You need less than 10,000 to renovate your home."

"Seriously how?" asked Anu.

Richa replied, “Well you can start with wall stencils, they are inexpensive and innovative. Wall stencils are perfect for lifting the mood of people sitting in a living room. Depending on the design, they convey the feeling of being in a different place on a light or dark wall. There are tons of printable wall templates on the internet that you can choose to suit your taste. Elegant and classic in appearance, the mural stencils leave no traces or damage the wall after removal. They are reusable and easy to install on clean, dry surfaces. These stencils are attached to a wall with paper tape and glued on, and then a small amount of paint has to be poured onto a plate. The roller is then rolled to apply the paint. The cost starts at INR 1500.

"And did you think of pillow cases and pillows?" Richa continued: “Colorful pillows and pillows with original prints are the perfect way to bring playfulness, comfort and a homely feeling to your living room. Using a good color scheme not only adds to the beauty of the salon, it will also make people want to sit down and talk, watch a movie, or just relax after a busy day. Light shades should be used in summer, and dark shades in winter. Presented in a lush shade, together with a soft filling, these tightly filled cushions are a stylish and modern piece of furniture. The starting price is INR 400 ".

"Arrey, but I can't paint all of the walls," joked Anu.

Richa replied, “You can also use removable wallpapers. Roll it up and take it off when you don't feel like having that visual look on the wall. Just change the wallpaper and enjoy a completely unique appearance in your room. Stairs can also come to life. Simply cut the wallpaper strips to size and attach them, and your stairs will welcome visitors. With wallpaper, you can also change the drab color or picture on the wall and switch to a refreshing tone or pattern. ”Cost: Stone Peel and Stick wallpapers from INR 2000 and higher.

Richa then asked Anu to consider a small concrete garden urn for indoor use. A small concrete urn in a corner of the living room not only provides a breath of fresh air, but also gives the feeling of being close to nature inside. Although heavy and bulky, the large green plant in the urn compliments the beauty. The urns are available in different sizes and cost from INR 2000.

"The possibilities are limitless," said Richa, "it all depends on what you want." Anu thanked Richa and immediately began her quest for an experience her in-laws will appreciate.

Why rent agreements are only for 11 months?

Have you ever wondered why leases are only valid for 11 months? And why is a rental agreement essential? Well, it is important to have a document that safeguards the interests of both parties: a tenant and a landlord. Hence, a lease is your best precaution.

Understand the rental agreement

First, let's understand what a lease is. “A rental agreement is a legal document that binds the owner of the property and the tenant and protects the interests of both parties. The owner must be the owner of the property or someone who has an attorney for the owner, ”says an open house expert. Explaining the importance of this agreement, he adds, "It is important as it protects the rights of both the owner and the renter. It prevents unnecessary upgrades and evictions without notice for at least a month."

One of the reasons for the 11 month agreement is to skip the registration process. "Under the Registration Act 1908, Section (d) of Subsection (1), the registration of properties rented for a year or more than a year is mandatory," said Sony Antony, Managing Partner of Maxxco.

So what's the standard duration for this? Well, according to the Buyolp legal expert, the standard lease is only eleven months.

At the request of a landlord whose tenant requires a 36-month lease due to his company's HRA policy, Augustine Joseph, another expert at the forum, suggests: “You can definitely sign the lease. for 36 months with some additional clauses that include:

Average increase of 5 to 7 percent per year

Each party can usually terminate the rental agreement with a notice period of three months without giving reasons or conditions. "

Another expert replied to the same question: “It is not absolutely necessary to conclude a rental contract for only 11 months. You can also enter into and register renewable / renewable contracts from three to five years. However, the stamp duty and fees are longer and the duration can vary. "

Therefore, the lease is a very important document to avoid problems such as refusing to vacate the house on request or disregarding the rules and regulations that have been signed. All you have to do is go to the land registry, pay stamp duty on the rental period and register the lease. If you follow these simple steps, you can run into unwanted problems.

Understanding Partnership Deed & How It Can Protect Your Interest – A Handy Guide

A partnership certificate is also known as a partnership agreement and is a written document between the partners who are jointly involved in a deal. Indian law offers several ways for entrepreneurs to start a business. And because of numerous advantages, a partner company is one of the preferred options among entrepreneurs. Running a joint venture, however, is not easy and requires a lot of planning and risk; Factors such as disagreements, money, or other internal conflicts can have consequences. Before embarking on a new journey and investing all of your savings and efforts into starting your new joint venture, it is advisable to sign a deed of partnership, a law firm that can help protect the interests of everyone involved in the trade association.

So if you are planning to start a business and are considering registering the partner company, then you have come to the right place. In this blog we are going to cover everything about association writing in India and its importance.

What is a partnership certificate?

A partnership deed is a legal arrangement where two or more than two people come together to run a business. This document mentions all essential terms and conditions, such as profit / loss sharing, commitments, admission of new partners, agreed rules, salaries, exit procedures, etc.

This document plays an important role, and if for any reason the signature ends up in a courtroom, it can serve as a legal document. A partnership deed, also known as a partnership agreement, is registered under the Indian Registration Act of 1908, so there is no risk of the partnership deed being destroyed in the partners' possession.

In addition, registering the certificate of association offers several advantages, such as: E.g .: eligibility of the organization for PAN, opening a bank account, help with obtaining GST registration or FSSAI license on behalf of the organization.

The content of the partnership certificate

The partnership deed can protect your interests in the event of a dispute or confusion over a specific matter. Therefore, the document must contain all legal details related to the signature. Although there is no standard format for creating a partnership deed, we have provided you with a list of the data included in the partnership agreement to give you a reasonable understanding of its content:

A partnership certificate contains the following information:

Purpose of the partnership: Name and address of all partners as well as other information that is required to explain the type of business of the partners.

Company headquarters: The company will operate from locations that the partners may determine from time to time.

Duration of the company: The deed must contain the date of incorporation of the company and the negotiation period.

Capital contribution: contribution of the capital, cash, property, goods or services of the company to an agreed value (contribution of the company in the form of a participation).

Capital Withdrawals: Details of the transfer policy each partner is permitted to take and whether interest will be paid to the company on that transfer.

Salary and Commission: Detail of the relationship or percentage of the salary of the partners.

Profit and loss ratio: profit and loss ratio that is delimited and adopted by the partners

Rules for the dissolution of the company: information on the company's accounts and their treatment when the company is dissolved.

Rules for admitting a new partner: details on future admission, retirement and departure of a partner.

Rules to Follow: Guidelines to follow when a partner files for bankruptcy.

Account and Audit Details - Accurate and complete books of accounts of the Company's transactions, available at all reasonable times, and available for review and review by any partner.

Voluntary resignation of a member: Rules for the voluntary resignation are to be noted in the association certificate.

Partner Responsibilities: Mention the roles and responsibilities of each partner.

Bank and association funds: Funds made out in the name of the company are deposited into a bank account jointly designated by the partners.

Loans: The taking out of loans from banks, financial institutions or third parties for the financial needs of the company requires the written consent of all partners.

Club financial year

Advantages of the partnership certificate

A partnership certificate can be in oral form; However, it is important that it be written down. The disadvantage of the oral one is that it has no tax value and cannot be used as a legal document in disputes between shareholders. Therefore a social contract is desirable.

It enables entrepreneurs to sue in court in the event of a dispute.

It helps to avoid any misunderstanding or conflict between business owners as all the terms have already been decided and mentioned in the deed.

Clearly describe each partner's responsibilities.

It provides details on the profit and loss ratio and reduces the likelihood of misunderstandings.

Mention the amount invested in the company by each partner.

It also includes details of the salary and commission paid to the partners and, if one of the partners withdraws the principal, what interest they then have to pay.

Company deed registration fees

In order to register for a partnership certificate, the partners involved in the company must pay the registration fee for the partnership certificate, which includes the following fees:

Registration Fees for Partnership Deeds: Partners must pay the affidavit made out on 10 rupee stamp paper with a court fee of 3 rupees.

Stamp duty fees: Stamp duty fees, which vary from state to state, must be paid as part of the registration fee. In Delhi, the minimum partnership deed stamping fee is 200 rupees, while in Mumbai it is 500 rupees. Stamp duty fees vary between states and are typically between Rs 200 and Rs 10,000.

Documents required to set up a company

There are a number of documents required to register a partnership certificate. The documents required to set up a company are:

Each member's PAN card

Application form No. 1

Copy of the partnership certificate signed by all partners

Signature PAN

Proof of address of all partners

Proof of address of the organization

Declaration of recognition with all details and notarized.

Photos of all partners

The documents required for the registration of the partnership certificate must be signed by an authority.

Registration process of the corporate deed

Although a articles of association is not mandatory, it is advisable to acquire it as it helps regulate the rights, duties and obligations of each business partner. Under the Indian Association Act of 1932, there is no specific deadline for registering a partnership company. With the consent of all shareholders, the company can register when it is founded or after it has been founded. Here is the step-by-step process:

Application to the commercial register in form A with all important information for signature;

A signed copy of the agreement with all rules and guidelines must be presented to the registrar;

Pay for the affidavit, stamp duty, and other essential fees;

After the registrar approves the registration application, the company name is added to the government filing and partners can collect the deed of incorporation.

What happens if there is no articles of association?

There are accounting rules that apply if the business partners do not receive the partnership certificate.

All partners are responsible for profit / loss sharing regardless of the terms.

The members are not obliged to receive a fixed salary at regular intervals.

Subscriptions by one of the partners do not earn interest.

What is mutation of property and why it's important?

There have been instances when the potential buyer would have asked for a copy of the latest mutation when selling your property. Many people don't realize how important the document is. So let's start by understanding what mutation is.

Mutation is the change of ownership from one person to another when property is sold or transferred. By mutating a property, the new owner receives the registration of the property in his name with the property tax office and the government can collect property taxes from the rightful owner. The documentation process and the fee to be paid vary from state to state.

Also known as "Dakhil Kharij", ideally a change of ownership should be made with the tax office every six months to investigate illegal transactions on the property. In the event of an inheritance after the death of the owner, the property must be modified by presenting copies of the death certificate and documents of kinship.

The income record update should be applied if the property was acquired through a registered power of attorney as it transfers the property from the seller to the buyer.

In the case of land, the mutation is a vital document. For example, if agricultural land is acquired by the government and the land register is in the name of person A, while the mutation is in favor of person B, the government will release the means of acquisition in favor of person B, as is the case with income, he is registered as the landowner.

To apply for the mutation, an application must be submitted to the tehsildar area on a normal paper along with the required value of an extrajudicial seal paper.

The following documents are required for the change:

Copy of the sales contract

Amendment application with attached court fee stamp

Compensation slip on paper with the required value stamp

Affidavit on paper with required value stamp

Updated receipt for property tax payment

The documents required for the mutation in the case of inheritance or will are:

Death certificate

Copy of will or inheritance deed

Compensation slip on paper with the required value stamp

Affidavit on paper with a notarized seal of value

Updated property tax payment slip in the event of a power of attorney

Copy of the power of attorney.

Copy of will

Incoming payment registered with a sub-registrar

Amendment application with attached court fee stamp

Know all about 7/12 extract document

The list of documents full of complicated terms required to buy real estate seems to be endless. One such document is document extract 7/12. This is particularly necessary when a buyer wants to buy land.

Let's start with the definition.

Extract Document 7/12 is an extract from each district's land register maintained by the Treasury Department of the Maharashtra State Government. It is traditionally called "Saath Baara Utara" in Maharashtra.

What is the 7/12 statement?

Document 7/12 is an extract from the Land Registry for each district of Maharashtra that contains complete information on a specific piece of land. It contains important information such as the survey number, the area, the date from which the name of the current owner was entered, etc.

“Extract 7/12 is issued by Tehsildar or the relevant state authority. You can pay the official fee to get a copy of the 7/12 statement or use the Right to Information Act (RTI) to get a copy, ”says Dominik Briganiza of Abhay Nevagi Associates, a law firm based in Mumbai.

How can the title be transferred to an extract 7/12?

“A 7/12 excerpt is not conclusive evidence of an established title. It is only the land registry for income purposes and can be used to display the property rights to the land. Therefore, no title can be transferred on a 12/7 basis, ”explains Manish Modak, Astrea Legal Associates, based in Mumbai.

Why do you need a 7/12 statement?

The 7/12 document or "Land Rights Registry" is used to search for ancestral land ownership in a village. This also helps review past disputes or approved court orders affecting the country. It contains a record of all activities that have taken place in the area.

Legal registration also establishes the identity of the land and covers the natural aspects of the environment. If the land is agricultural, the document will contain a record of the crops that were last grown on the land.

How do I get the 7/12 statement?

To obtain the 7/12 excerpt you will need to go to the nearest office in Tehsildar and request the 7/12 document for the term of office you want.

Document 7/12 can also be accessed on the Maharashtra Government website. Visit the website and find your location on the district map to view the 7/12 excerpt. You can get the result you want by following the steps below:

Select the taluk and village names from the appropriate lists

Choose one of the options below and fill in the required details to find the 7/12 separations

Query By Survey Number - If you know the property's survey number, you can use this option to search for the 7/12 statement

Search by Name: This option allows you to search the 7/12 excerpts by name

Click Show 7/12

To bring clarity to the extraction process of 7/12 extracts, the government has introduced two software systems: E-chavdi and E-mutation. This software will enable Talathis to obtain electronic copies of the 7/12 statements.

Consumer inquiries

Buyolp's question-and-answer forum is receiving inquiries about the extracted document 7/12. Harshada Sethi asks in the forum: "How can I transfer the title of property in a 7/12 excerpt document if the land is registered in my father's name"?

“To carry over the title in Document 7/12, you can request the release or the certificate of eloquence. If the name of the person is not available in document 7/12, the title can be transferred by issuing a deed of gift or a sale Did ", replied Dominic Briganza, Pune non-litigating attorney.

Another user, Arun Shankla, asks, “I bought a 3,000 square foot lot in Wagholi, Pune last year. I signed up with the group but the 7/12 has not been received to date as the developer says the 7/12 is not applicable by the government. Please indicate whether my country is safe if the document is deleted from excerpt 7/12.

“The state governments are in the process of digitizing all 7/12 extracts, but that doesn't mean they have abolished the practice of registering property rights. Ask your developer to submit an application with the supporting documents to the competent authority so that your name can be included in the mentioned rights register, ”replies Asha Nayar Basu, Senior Partner of S Jalan & Company.

Don't move into a house without an Occupancy Certificate, it's illegal

Sonia Chopra was a happy buyer when, eight years late, she received the letter of ownership from her builder. It wasn't long before he paid the outstanding amount as he had patiently waited so many years for the construction to be completed.

The builder gave him the keys and assured him that the occupation certificate (OC) can be obtained in a few months. Unaware of the ramifications, Sonia immediately moved into the house as paying the EMIs and rents put a huge drain on her monthly income.

However, his luck was short-lived. After a year while he was waiting for the CO, his dream home was declared illegal and the authorities issued an eviction notice.

Nowadays, many buyers continue to live in apartments without an OC, which can jeopardize the legal status of their property and can be served with an eviction notice. As a buyer, don't ignore the importance of placing an order as it secures the legal status of your property. Let us decipher the occupancy certificate and what it means for you.

What is an occupancy certificate?

This legal document certifies that the construction complies with the approved construction plans. It will be issued by the local community authorities once construction is complete and the property is ready to move into. Without this document, your building has no legal occupancy penalty.

"The usage certificate is gaining in importance because it is a document that proves the integrity of all facilities and permits required for a building to be habitable," said Kunal Arora, Associate Partner of Alpha Partners.

Difference between CC and OC

A Certificate of Completion (CC) proves that the builder has not violated any building codes or regulations. He erected the building in accordance with the area ratio limit, the statics, the building quality specifications, the distance to surrounding buildings, the building height, the number of floors, etc. This document is required for every apartment or building in order to receive the basic equipment. .

A Certificate of Occupancy (OC) is issued after the construction meets building standards. A Central Committee alone cannot legalize the occupation; You must have the OC too.

“The certificate of completion is a document that simply states that the building was built in accordance with the approved construction plans. The CO, on the other hand, is a certificate that certifies that all the necessary equipment and other facilities must be installed in a The building has been installed and enables the building to be occupied, ”explains Arora.

Living in danger - floor without OC

Without a valid PO, your activity is illegal as the authorities can classify it as an unauthorized structure.

OC is crucial when applying for a home loan or a loan to buy a resale home. You can't even sell your property without a valid order.

Important services like water, sewage, electricity, etc. can be turned off if you don't have a PO.

How can a buyer apply?

You can apply for a CO at the municipality

If all permits have been received, a CO will be issued within 30 days of the request.

You must submit the same documents as the builder to get an OC

What to do if the client refuses?

You can contact an attorney and ask them to issue a notice to the builder asking them to make an application and give you a copy of the CO. You can also contact the National Consumer Dispute Resolution Commission (NCDRC) and file a complaint against the developer. The NCDRC will issue a directive to the developer to secure the OC.

OC is an essential document as it guarantees the safety of your investment. Without this document, you should not assume possession.

As a buyer, you must ensure that your builder obtains all necessary permits before handing over the property.

Legal hurdles in buying property at bank auctions

Would you like to buy a property at a bank auction? Often we are drawn to properties that cost less than market prices, and not just the cost. Often times, properties in good locations that you might not otherwise find can be purchased at a bank auction within your budget. In addition, the properties offered at bank auctions vary in size and price. You can even buy a property in other cities. Real estate auctioned by banks is not only cheaper, but is often viewed as legally safe.

However, it is always recommended that you do your legal due diligence before buying property at a bank auction. So what exactly should you be doing?

Experts recommend hiring a legal and real estate professional if you are auctioning off properties that are being auctioned by a bank, especially if the amount is high.

Angad Sandhu, partner at PSL Advocates & Solicitors, suggests: “When purchasing real estate auctioned by the bank (especially residential real estate), the interested bidder should conduct a legal title search for the property to ensure the validity of important documents such as the original purchase deed and non-encumbrance certificate for later Avoid Controversy ".

Property inspection

It is advisable to physically view the auctioned item. Banks usually give a viewing date and the buyer can visit the website on that date to physically inspect the property. In the case of electronic auctions, this can be done by sending a request to the responsible bank officer.

"It is good to buy real estate if the bank has physical possession. If the possession is only symbolic, you may have to wait longer to get possession. Make sure you physically own the property as soon as you have completed the payment to avoid any litigation, "explains Rajat Prakash, Managing Partner of Athena Legal.

Banks can auction off properties under construction that are ready to move into, including apartments, parcels, and single-family homes.

Ownership costs

You should review your budget before entering any bank auction. After bidding but not paying, this can present a problem for you.

You should also compare the market price with the auction price. These properties often cost less than the market price, but the price may be higher due to location or other features.

Also, check to see if there is any need for repairs or renovations on the property. Make sure there are no outstanding utility fees that could add to the total cost. Evaluate the cost before bidding on the auction.

"A buyer should review the mortgage title and documents, any legal costs, legal fees, unpaid utility bills, community fees or other taxes associated with the property. If an informed decision is made, the buyer can get a good deal on a banking auction with no legal risk “, Adds Samir Malik, Associate Partner at DSK Legal.

Documentation review

Make sure that you get two essential documents from the bank: one is the certificate of compensation and the other is a safeguard against the owner. The exemption clause protects you from the risk of future claims by the owner, while the penalty protects you from the seller withdrawing from the transaction.

Zoning requirements

Some properties are not in suitable zones. It is therefore imperative to check the zoning. Some properties can be residential areas, but cannot be located in residential areas. You can therefore consult an expert or consult the bank on this matter. It is good to ask questions and clarify, as buying a property requires a large investment.

Society and Neighborhood

You should check the area surrounding the property as the area can affect future prices. In the case of apartments, it should be noted that buildings have their own codes that can hinder the future aspect of renting or leasing, if the buyer has this in mind. Parking and any additional benefits or issues must be clarified in advance.

What is an Occupancy Certificate and why is it necessary?

The housing entitlement certificate is an important document when buying a new home as it guarantees that the property will be built in accordance with the prescribed laws. Let's see why it is necessary to get the Occupancy Certificate these days.


A legal document issued by a government agency or local development agency that states that a built property complies with national building codes and is suitable for occupancy is known as a Certificate of Use (OC). Whether a buyer wants to finally use the property or sell the space, OC is required for a property transaction.


The verified factors for issuing the occupancy certificate are:


If the property was built according to the law and the approved plan

Was the building constructed in accordance with the building regulations?

If you have all the basic needs like sewage, electricity, etc.

When all the necessary approvals are in place, including the fire brigade's NOC

How do I get an occupancy certificate?

It is the responsibility of the client / developer to submit an application to the local building authority for the property at the EO. The certificate is not issued until the testing authority is satisfied that the project has been built in accordance with the approved construction plan and the binding standards. In certain cases, however, the contractor can take over partial takeovers and sell the property. For example, in mixed-use construction projects, a contractor can purchase partial remains of partially completed residential buildings and transfer ownership to the homeowners. Hence, it is important that the buyer receive the document to legalize ownership of the property.

What documents are required to receive a certificate of residence entitlement?

Ideally, a builder should submit a PO application to the city administration within thirty days of project completion. However, buildings with some design differences and that have violated approved building plans do not qualify for CO. The list of documents required to obtain the residence entitlement certificate are:


Copy of the approved construction plan

Copies of NOC documents received from the Environment Agency and the Airport Authority

Construction start certificate

Current or current property tax statements

What happens if you live in the building without an occupancy certificate?

The built building can be declared illegal property.

The judicial authorities have the right to expel residents.

Due to the illegal status, the property is being demolished.

Lending and property sales will be restricted.

Interruption of water and electricity supply without notice.

A property fine is imposed that requires a higher property tax payment

Obtaining the certificate from Khata is a problem

What is a partial occupancy certificate?

Partial OK is seen above all in large development plans where construction takes place in several phases. In this case, the partial OK is specified as the builder for the tower.


The main benefit of Partial OC is that it gives everyone access to basic amenities and respects legal property rights for homebuyers. However, services such as swimming pools, gyms and others are not accessible below the entrance. Getting a home loan approved and Katha certification will also be a chore.

Possession Certificate and its importance

Proof of ownership ensures that ownership of a property is successfully transferred from one owner to another. If not, it could get you into legal trouble. As an informed buyer, it is therefore imperative that you obtain this certificate in your favor when buying a property.

The deed is a legal document that transfers ownership of the property from the first owner to the buyer, which means that the property has already been handed over to the buyer against payment of a certain amount along with the property interest. Proof of ownership is an important part of buying a house. This means that the land has been legally sold and the buyer now has all ownership rights.

Without legal certification and registration documents, the buyer has no power of disposal over the property and ownership of the property remains legally in the property of the builder. In such a case, the client also has the right to evacuate the resident with the help of the civil authorities.

Proof of ownership is issued within 30 days if the building is built in accordance with recognized plans, construction standards and fire safety requirements, as well as the Certificate of Completion. Applicable law varies greatly from state to state and so it is important to know the local regulations in order to own a certificate.

Included in a certificate of ownership

The buyer must issue a certificate of ownership stating the change of ownership. Proof of ownership shows that ownership of the property passes to the buyer. This ensures that the buyer now has full interest in the property. Both parties must register for the same property, i.e. the developer must sign the above declaration that the property is now no longer with him and the buyer must sign the sign to take over the property. The certificate also contains an interpretation and necessary additional features such as parking space, garage, etc., as provided for in the sales contract.

In addition, another important aspect of the certificate of possession is the certification of the document with the date of possession indicated on it.

What is a Conditional Certificate of Ownership?

For one or more reasons, such as B. faulty buildings and upcoming repair projects, poor build quality, the use of different building materials than planned, or waiting for a certificate of use or ownership to be delivered, buyers can in some cases confirm ownership of that property but are not happy. Buyers accept a conditional letter of ownership that contains all the requirements for the buyer to accept a conditional letter. In addition, in the event of delays in the project, the buyer can name compensation for the client's order and, if necessary, claim it in court in extreme cases.

Required Documents

In order to obtain the Certificate of Ownership, the following documents must be presented.

Copy of the sales contract

Proof of identity and signature of the applicant

Assessment certificate

Copy of the registered sales contract

Rights of the Certificate of Ownership Holder

It guarantees the buyer full authority over the property and can decide what to do with the property.

You own the resale rights to the property.

The buyer has the advantage of making improvements or increasing the value of the property.

The buyer can rent the property and benefit from the property.

The seller of the property cannot claim any benefit from the property.

The buyer must pay the property and the seller all monies prior to delivery if the seller refuses to accept the goods.

In addition, in the event that the seller has not delivered the property, the buyer is entitled to reimbursement of the amount of money and the costs assigned to him by the court to enforce the specific fulfillment of the contract.

The buyer has the right to obtain details of the plans approved by the competent authority, the plans of the same type, the plans of the entire structure together with other relevant documents.

Difference between certificate of residence, certificate of completion and certificate of possession

The certificate of ownership is one of the most important documents that the builder issues to the buyer, stating the date of ownership. A home loan can only be obtained on the basis of the original document. However, a certificate of ownership is simply not appropriate for the rightful owner of the property without a certificate of occupancy.

After completion of the building, the client must apply to the municipality for a building completion certificate (CC). The authorities then check that the building is being constructed in accordance with the building permit plan and that other building regulations are complied with, such as: issues a certificate of completion after passing the exam.

Buying v/s Renting a Home... What is feasible?

As the unwritten rule of the typical Indian middle class family suggests, investing in real estate and gold are the best investments (after training, of course).

In India, buying a home was seen as an emotional rather than a practical decision. This is true considering that in the early teens it costs a lot of money to pay for it in advance.

In most cases, renting a home seems financially feasible as it allows more cash flow for other expenses and life goals. Even if you have a transferable job that has to move to different cities on a regular basis, renting a home seems like a viable option.

But in the context of the COVID-19 pandemic and the resulting crisis, the importance of home ownership is becoming more noticeable than ever. Buying a property over renting is increasingly preferred, which underlines the advantages of social and financial security.

Let's find out what is basically feasible: buy or rent?

The financial aspect:

Consider Mr. Rao, a 25 year old business graduate who works in Navi Mumbai and lives in a 1 BHK rental apartment in Navi Mumbai. He earns a net salary of Rs. 50,000 per month and his retirement age is 58 years. For those 33 years, consider an average annual salary increase of 5%.

        1. Rent a house

As in August 2020, the average monthly rent in a decent location in Navi Mumbai (areas like Airoli, Kopar Khairane, Juinagar, Vashi etc) is around Rs. 15,000 for a 1 BHK apartment; and around Rs. 20,000 for a 2-BHK apartment.

2. Buy a house

To be honest, buying a home isn't as easy as renting it. But it's also not as difficult as it is perceived to be.

It is only the advance payment (called the deposit) that needs to be arranged. The rest is in charge of a mortgage loan. With home loans cheaper than ever, buying a home is easy.

Organization of the down payment: Assume that Mr. Rao retains half of his salary for 3 years (up to the age of 28) for the down payment when buying a house. Let's say you invest Rs. 25,000 on a recurring deposit at an annual rate of 7%.

At the end of the 3 year tenure, you will receive a maturity value of Rs. 10 lacs.

Mortgage Loan To Buy The House: With a very conservative estimate of the 5% annual raise, Mr. Rao's available salary would be around Rs 58,000 when he is 28 years old.

Well, based on your salary at the time, you would be eligible for a home loan of up to Rs. 42 lacs for 20 years (at an interest rate of 8%).

Read here how the size of this loan was calculated according to the salary. In addition to the income, lenders grant a mortgage loan after a thorough examination of the repayment ability of the applicant (borrower) as well as some technical and financial aspects of the object of purchase.

A 2BHK apartment in the area where Mr Rao currently lives would cost between Rs. 80-90 paints. This would take roughly Rs. 20 lacs down payment, and the home loan EMI would be Rs.55,000-Rs.65,000 approximately.

But with that budget, Mr Rao can expect to buy a house 10-15km from his current home in places like Panvel, New Panvel, Taloja, Kalyan, Ambernath etc. where an apartment of 2 BHK would cost around Rs. 40-45 varnishes; with a loan of around Rs. 38 paints for 20 years. The EMI would come to around Rs. 32,000 over the next 20 years.

The feasibility aspect:

In the case of renting a house, Mr. Rao would pay 30-40% of his salary for rent for the next 33 years until he retired and would remain homeless after retirement. So you need at least 1 BHK apartment to live. But until his retirement, the rent for a similar 1 BHK apartment would be around 75,000 rupees a month.

Now that there is little or no income it would be difficult to pay that rent, especially at an age when cash would be needed to pay for any medical emergency.

Even if we assume that you regularly invest in FPPs, retirement plans, etc., you would make enough money to pay your rent; You have run out of money to pay for your living expenses and medical emergencies.

On the other hand, if Mr. Rao were to buy a house by the age of 48, Mr. Rao would be credit free. So that amount of Rs. 32,000 per month for the next 10 years would serve as additional income that can be used for any other purpose like educating the child, buying a new car, family vacation, etc.

Only in the first 5 years, EMI costs around 50-60% of the salary, after which it is gradually reduced every year to around 22% of the salary in the last year of the loan.

While Mr Rao would still have to pay around Rs in the case of renting at the age of 48. 61,000 as rent that would rise to around Rs. 95,000 by the 58th

Taking into account Mr. Rao's regular investments in PPF, retirement plans, etc., this money can be used to pay for his living expenses for the rest of his life in addition to his own house to live on.

The social aspect:

Buying a home in India is a social and emotional matter rather than an economic one. Even if you have fewer savings, friends and family will often be happy to help you buy a home. It has more social benefits than renting a home, including:

Having a home of your own gives you the freedom to customize it to your liking. In most cases, renting an apartment is subject to some restrictions imposed by the owner.

It secures the future of your family. After your death or disability, your family doesn't have to worry about a roof over their heads.

You are treated as a responsible person in society; People value and respect you and your opinion.

It is perceived as one of the signs that one has settled in life without irresponsible financial behavior.

When you have an EMI household loan to repay, you become a mature person who is reluctant to make unhealthy financial decisions in life.

What is Home Loan Insurance?

What is Home Credit Insurance?

Home loan insurance is, as the name suggests, home loan insurance coverage that is taken out by every financial institution. This insurance covers the outstanding amount of the mortgage loan to the bank or financial institution and is valid until the term of the mortgage loan.

However, home loan insurance should not be confused with home equity insurance, which covers the physical structure and contents of a house; while the mortgage loan insurance only covers the loan amount available on the property.

Why is home insurance important?

Mortgage insurance is very important as it provides financial relief to the borrower's family in the event of death. Imagine a person (the borrower) taking out a 20 year home loan and living in this house with their family. In the event that the borrower expires before the end of the 20-year tenure, the full burden of the outstanding loan amount due to be paid to the bank rests on his family. And if the family can't pay, the bank can repossess and sell the property to reclaim the outstanding loan amount; leaving the family homeless.

In the event that construction loan insurance is taken out together with the home loan, the insurance pays the outstanding loan amount to the bank without stress for the relatives.

How does the home insurance work?

In the unforeseen event of the death of the person who took out the home loan, the insurance company will pay the entire outstanding loan amount to the home loan lender. Lenders usually insist on home loan insurance, which is offered along with the home loan through an insurance company they have a connection with. In addition, the borrower can also opt for home equity loan insurance.

However, it is important to take out this insurance at the same time as the mortgage loan. Mortgage insurance is no longer available at a later point in time after the start of the home loan.

How much does home insurance cost?

The total premium for basic home loan insurance is usually between 3-5% of the total home loan amount. This premium amount differs from company to company and the duration of the mortgage loan. Housing loan insurance can be used for a minimum of 5 years and a maximum of 30 years.

For example, consider a 25 Lacs home loan for 20 years. The basic insurance premium for this home loan would be in the range of Rs 1 Lac. Now this Rs 1 Lac is indicative and may change based on the term of the mortgage loan, age of the borrower, type of employment and insurance company.

The borrower now has 2 options for paying this premium:

Pay this premium separately to the bank or insurance company. This option seems to be financially good; as long as the borrower is able to pay that amount in one go.

Banks include this premium in the mortgage loan. Here the premium amount of Rs 1 Lac is added to the loan amount of Rs 25 Lacs and the borrower pays EMI for Rs 26 Lacs for the tenure. This option initially alleviates the borrower's financial stress as they have other obligations to pay such as the down payment, stamp duty, registration, interior decoration and other related expenses.

Additional and optional insurance coverage for mortgage loans

Basic home loan insurance usually only covers the death of the borrower due to accident or illness. The insurance company only pays the outstanding loan amount in the event of death due to illness or accident. Death due to natural causes (e.g. aging process) and suicide are not insured.

Accidental death refers to the death of the borrower from accidental situations such as road / rail / air crashes, fire, lightning, accidents while operating machinery, acts of God, and other uncontrollable situations. However, the definition of these random situations can vary from company to company.

However, there are some optional covers (also called drivers) that are offered by insurance companies for an additional premium. As part of this coverage, the insurance company takes care of the damage or offers certain financial assistance in special circumstances, including:

Terminal Illness: Under this option, the insurance company will take a claim if the borrower has an terminal or incurable disease that is likely to result in death. These include diseases like cancer, AIDS, Alzheimer's disease, massive stroke, etc.

Permanent incapacity: Covers a situation in which the insured person may not be able to continue working. This disability can be partial or total. Such conditions include paralysis, loss of one or both limbs, loss of vision, etc. Again, the inclusion of such conditions in disability may vary from company to company.

Job Loss - This option provides financial assistance up to a specified period and amount in the event that the borrower loses his job due to layoffs / downsizing by the employer. Acceptance of a claim under this option is subject to the insurance company's strict duty of care vis-à-vis the employer of the insured person. It should be noted that this option does not include resignation or voluntary retirement from work.

Situations like the current COVID-19 pandemic, which has resulted in job losses for many people, are depicted on this cover picture. Also, see our research on Help With Home Loan Insurance During COVID 19.

Although the drivers mentioned above cost a little more than basic insurance, they seem very inexpensive compared to the breadth of insurance coverage offered; and it is highly recommended to carry it along with the base cover. In addition, these covers may or may not initially be available for the life of the home loan and may require multiple renewals during the life of the loan.

Home Loan Benefits to Women and Joint Borrowers

Home loan refers to borrowing or financial assistance from a financial institution (lender), such as a bank or non-bank finance company (NBFC), to buy or build a home. As a rule, it is a long-term loan that has to be repaid over several years in monthly installments known as Equivalent Monthly Installments (EMI).

In a progressive country like India, where women's inclusion in business and decision-making is always supported by women's empowerment; There are various incentives provided by the government and financial institutions to encourage female home ownership.

In addition, research by various financial institutions, credit bureaus, and research firms shows that women are less likely to default on payments compared to men. Therefore, lenders prefer a female applicant (either the lead applicant or co-applicant) for home loans.

Benefits for home loan applicants:

Lower interest rate: Many banks give buyers interest discounts on home loans. This grant generally varies between 0.05% and 0.3% of the interest rates charged to male applicants and can vary from bank to bank.

Now that discount may seem tiny, but given the size of a home loan, it reduces the size of the PMI significantly.

For example, consider a home loan of Rs. 50 lacs at an interest rate of 7.8% for female applicants and 8% for all other applicants. The EMI for female applicants is Rs. 41,200; and around Rs. 41,825 for other applicants. This equates to an interest saving of Rs. 675 per month and around Rs. 1.5 paints with a 20 year tenure.

* In Uttar Pradesh women are entitled to a discount of Rs. 10,000 plus a 1% discount on stamp duty.

Government Grant: To increase home ownership by women, the government grants an interest subsidy of up to Rs. 2.67 to Lacsto borrowers on home equity loans. This scholarship is available under the Pradhan Mantri Awas Yojana (PMAY) Credit Linked Grant Program (CLSS). From August 2020 this regulation will apply until March 31, 2021.

For applicants with an annual household income of up to Rs. 6 lacs wishing to benefit from this grant, at least one female family member must be a co-owner of the property.

So if a woman in the house buys (or at least co-owns) a property, she is entitled to a grant of Rs. 2.67 lacs, paid upfront by the government to the lender. If you take advantage of this allowance now, you can save around Rs a month. 2,000 (at an interest rate of 7%).

This program is available to applicants with an annual household income of up to Rs. 6-18 lacs also with a grant of up to Rs. 2.3 lacquers. However, female ownership is not mandatory for this.

You can learn more about it here.

Tax benefits: Tax benefits for women are no different from those for men.

However, if a woman is a co-applicant for her relative's home loan, both can claim an income tax deduction from the home loan repaid, up to Rs. 5 paints individually. In addition, all home loan applicants can avail of these deductions regardless of gender.

Deductions of up to CHF 3.5 lacs on interest refunded and up to Rs. 1.5 lacs on the principal repaid can be used individually by both applicants in relation to the EMIs paid.

Also read more about the tax benefits of home loans.

Benefits for joint mortgage borrowers:

Buying a joint home or jointly applying for a home loan has two main benefits, including tax savings and increased creditworthiness.

Tax Savings: The tax savings on a joint home loan are similar to those explained above.

You can also read here how you can save taxes on a home loan.

Increased Eligibility for Home Loans: Lenders grant home loans after a thorough examination of the solvency of the applicant (borrower) as well as some technical and financial aspects of the property purchased.

Mainly, the applicant's total income is the basis for deciding the maximum loan amount that can be granted. If a co-applicant is added, his income is also added to the total income and thus a higher loan amount can be sanctioned.

For example, consider a married couple where the husband and wife both have a monthly net income of Rs. 50,000 individually. If the husband is only applying for a home loan, he may be eligible for a maximum home loan of approximately Rs. 37 lacs for 20 years, Rs. 41 lacs for 20 years and Rs. 43 lacs for 30 years. (At an interest rate of 7.5%).

However, if they apply for a home loan together, the total monthly income is Rs. 100,000. Now they may be eligible for a maximum home loan of around Rs. 75 lacs for 20 years, Rs. 82 lacs for 25 years, Rs. 87 lacs for 30 years. (With a 7.4% interest rate, like a female co-applicant, you may be eligible for reduced interest rates.)

Got your Annual Bonus? Consider Prepaying your Home Loan...!

What do you mean by prepaid?

Getting a home loan approved and moving into a home are among the greatest accomplishments in life. But after that, this is what most people are looking for to get rid of that 20 year old home loan. By prepaying your home loan, you can complete the loan faster and save on interest.

The home loan prepayment refers to the home loan payment to the bank, along with regular EMIs. This prepayment is adjusted by the principal amount, which reduces the principal amount outstanding.

Partial Prepayment - Refers to only a limited amount of the outstanding principal that will be paid. A partial prepayment reduces the principal amount and the total interest to be paid on it during the remaining term of the loan.

For example if you pay Rs. 1 Lac as prepayment after 5 years of taking out a 20 year loan of Rs. 1 Lac is reduced from the total outstanding principal along with interest of Rs. 1 lac for the remaining 15 years.

Total Prepayment: refers to the total amount of principal outstanding that will be paid. The outstanding amount is then repaid and the loan is closed. This is also known as pre-closing or foreclosure.

How does prepayment work?

The full prepayment case is very simple and self-explanatory. You pay the principal amount outstanding to the bank all at once when you have sufficient funds and the loan is closed.

We would focus more on the partial prepayment as paying smaller lump sums between some intervals is more financially feasible than fixing the entire outstanding amount.

Consider the case of Trivedi, a 30 year old media professional who bought a 2BHK apartment in Noida Extension for Rs. 40 Lacs in January 2020. For this he used a home loan of Rs. 32 Lacs for 20 years, at 7% bank interest. She pays an EMI of Rs. 24,810.

In April 2020, she was promoted and received a 10% raise. Now, in August 2020, he received an additional amount of around Rs. 1 Lac, the annual performance bonus, April salary arrears, income tax refunds, etc.

She decided to pay these Rs. 1 Lac on your mortgage loan account with the bank.

As in August 2020, it had paid a total EMI of Rs. 2 lacs (Rs. 24,810 x 8 months); of which Rs. 50,000 the main amount was repaid and Rs. 1.5 interesting paints. Hence, the principal outstanding is still Rs. 31.5 paints. Now if she pays those extra Rs. 1 Lac, the main total slope is reduced to Rs. 30.5 varnishes.

After this payment, you have two options to choose from:

Reduce the term (number of installments) of the home loan

Reduce the amount of EMI while keeping the tenure constant

In either case, the interest on these Rs would be saved. 1 varnish.

How Much Will You Save By Paying Your Home Loan Up Front?

Savings on a prepaid activity refer to the interest saved by paying that amount earlier than the regular payment plan.

The savings depend on the timing of the prepayment after taking out the loan. The earlier you pay, the more you save. However, most lenders do not allow prepayment until the first few months after starting the mortgage loan.

Case 1: repayment takes place at the end of year 1

Consider paying Rs. 1 Lac as prepayment at the end of year 1 (month 12). Here the main feature is Rs. 31.24 lacquers. Upon payment of Rs. 1 Lac, the principal pending payment will be revised to Rs. 30.24 paints

If you choose the option to shorten the term of office, it can be shortened by approximately 14 months. Calculating that is very easy. Here the highlight of around Rs. 31.24 lacs are after month 12. So we have to look for the month that they are sticking out by Rs. 30.24 lacquers. This is between the 26th and 27th month. So the difference is 14 months (26-12). From this it can be concluded that you saved about 14 months on EMI payment. Therefore, the revised term of office reaches 226 months (240-14).

If you use the option to reduce the amount of EMI it can be reduced by about Rs. 800

And at the end of month 12 when he paid Rs. 1 Lac, the remaining term was 19 years. At an interest rate of 7%, the EMI for this is Rs. 1 Lac comes in at Rs. 795 for the remaining 19 years.

Case 2: repayment at the end of the 3rd year

Consider paying Rs. 1 Lac as an advance payment at the end of the 3rd year (month 36). Here the main feature is Rs. 29.55 varnishes. Upon payment of Rs. 1 Lac, the principal pending payment will be revised to Rs. 28.55 paints

If you choose the option to shorten the term of office, it can be reduced in about 12 months. Now the sticking out of around Rs. 28.55 lacs is between 48 and 49 months. So the difference is 12 months (48-36). From this it can be concluded that you saved about 12 months of EMI payment. Therefore, the revised term of office reaches 228 months (240-12).

If you use the option to reduce the amount of EMI it can be reduced by about Rs. 840

And at the end of month 36 when he paid Rs. 1 Lac, the remaining term of office was 17 years. At an interest rate of 7%, the EMI for this is Rs. 1 Lac comes in at Rs. 840 for 17 years.

So, as we can see, the benefits in terms of interest savings decrease proportionally the later the prepayment is made.

Prepaid tax benefits

Early repayment of a mortgage loan is considered to be a principal repayment. An income tax deduction can therefore be made on the amount of the advance payment in accordance with Section 80C EStG. However, the prints are only up to Rs. 1.5 Varnishes can be used as per Section 80C.

Here you can find more information about tax savings on home loans.

Is there a prepayment fee?

Banks and Home Financing Firms (HFCs) in India impose prepayment fees (or penalties) according to the guidelines of the Reserve Bank of India (RBI) and the National Housing Bank (NHB). ).

For individuals, there are no prepayment fees for adjustable rate home loans, regardless of the source of the funds.

However, if the home loan is borrowed at a fixed rate, lenders will charge early repayment penalties if foreclosure is through a balance transfer from another bank or HFC. If you pay in advance from your own resources, there are no fees / penalties.

In addition, there are prepayment fees for non-personal applicants such as corporations, affiliate companies, Hindu Undivided Families (HUF), etc. regardless of the type of interest rate and source of funds.

If applicable, the prepayment fees are generally 2-3% of the amount paid. It should be noted that this range is indicative and can vary from one lender to another.

In addition, prepayment fees are taxed accordingly at the time of payment. As of August 2020, a GST of 18% will be added to prepayment fees paid.

The Ideal Home Loan Tenure–10/20/30 years

A home is usually one of the most expensive purchases a person makes in their life. Gone are the days when people saved money and bought a home their entire professional life. This is not financially possible today, as home prices will at least quadruple over the entire working life (around 30 years). Hence, a home loan is required for home buying.

The mortgage loan is a type of financial assistance given by financial institutions such as banks and home finance companies (HFCs) to buy, build, or renovate / remodel a home. These financial institutions are also called "lenders".

Typically, this is a larger amount and longer term loan than a regular car loan or personal loan, which is given by lenders after a thorough review of the applicant's eligibility. In addition, the suitability of the property for which the loan is being applied for is also taken into account.

Here you can find out more about home loans, repayments, application procedures, required documents, etc.

How Long Should You Take Out Mortgage Loans?

The length of time it takes to repay a mortgage loan taken out in full is known as the "duration" of the loan. The term of a mortgage loan can be up to 30 years.

The maximum term of a home loan depends on the retirement age of the applicant. Banks sanction mortgage loans that can be repaid within 30 years, but before the applicant withdraws from service.

For self-employed applicants, the maximum length of stay can be up to 30 years or 60 to 65 years, which varies from bank to bank.

As of August 2020, the official retirement age in India is as follows:

• Central government employees: 60 years old

• Private sector employees: 58 years old

• Government Officials: 56-60, depending on the state

Therefore, a 28-year-old applicant with a retirement age of 58 years can get a home purchase loan for a maximum of 30 years, while a 35-year-old applicant can only get it for 23 years.

Those who take out a home loan in their first few years of employment can benefit from a longer term, which in turn translates into a lower EMI amount or a higher loan amount.

Think of it this way: lenders are only willing to give you a home purchase loan if you can pay it off before you turn 30 or when you retire. So in order to get your money back on time, they would only give you the amount that you can repay within 30 years or before retirement.

The term plays an important role in the decision about the loan amount as well as the IME of the loan.

1. Loan amount:

Think of Mr. Das, a 28 year old who works in an IT company in Bengaluru on a salary of Rs. 60,000 excluding other EMI loans. His retirement age is 58 years.

Banks generally allow up to 65% of the available salary for EMI payment. Read here how to calculate creditworthiness based on income.

In this case, the maximum amount available for the EMI payment is approximately Rs. 36,000 (assuming a particular bank allows 60% of the salary for the EMI payment)

Now that you have 30 years to retire, you can get a home loan for up to 30 years.

What is the Best Term of a Mortgage Loan?

When taking out a home loan there is no best or ideal term as such. The choice of term of office depends entirely on the applicant's preferences, financial situation and other goals in life.

Some may choose to pay a higher EMI and complete the loan ASAP. This allows for greater savings in middle age.

A large proportion of home loan applicants choose to pay EMIs as low as possible so that they have more cash flow to pay for other expenses.

Also, some may find a balance between getting the loan out sooner and a decent disposable income.

Know how to reduce your EMI this lockdown!

Banks offer home loan interest rates between 7.15% and 7.85%. People continue to pay interest on their home loan at an interest rate of 8.50% to 9%. Benefit from lower home loan interest rates due to the lockdown and pandemic situation. Find out why the interest rates on your home loan haven't been lowered. But first, find out whether your home loan has a fixed or variable interest rate.

Now let's consider several scenarios for lowering the interest rates on your home loan:

Scenario 1

Home equity borrowers who are tied to the External Loan Rate Benchmark (ELRB) or tied interest rate

The interest rates for mortgage loans were linked to RBI's buyback interest rate policy on October 1, 2019. This is known as the external loan reference rate or the tied rate rate.

Customers benefit directly from the lower RBI buyback rate

Home loan borrowers' EMIs are automatically lowered for free

Scenario 2

Home Equity Borrower Tied to Marginal Cost of Borrowing (MCLR)

MCLR-linked EMIs from home loans are not automatically reduced

The borrower has to reduce it every time the date is reset.

All variable loans prior to October 1, 2019 were to MCLR. bound

Previous banks had a base rate instead of the internal MCLR benchmark

Banks cannot lend below the MCLR and base rate

The interest rate on old loans changes automatically when the base rate rises or falls

For MCLR-linked loans, you need to visit the bank or call customer service.

Due to the blocking, you can connect to the bank by phone or email.

Link your loan to the external reference interest rate (EBLR)

Linking with EBLR will automatically lower your interest rate

Mortgage loans from public and private banks are tied to the RBI surrender rate

Banks must adjust the interest rate to the surrender rate within 3 months

The benefit of the surrender rate reduction is granted to loans that are linked to an external benchmark.

Scenario 3

Home Financing Company (HFC) Borrower

HFC loans are tied to your RPLR (Retail Loan Prime Rate)

Their increase or decrease depends on the company's borrowing costs.

These companies receive loans from banks or the capital market.

Typically, reducing the RBI buyback rate will lower the MCLR to some extent

The reduction in MCLR benefits the annual or semi-annual reset date of HFCs

Because of this, home finance companies can take time to lower the RPLR.

HFC borrowing costs are not reduced immediately

Variable rate borrowers automatically benefit from reduced RPLR

Scenario 4

Public Company (UPM), private and foreign bank borrowers

Most PSUs, private and foreign banks have used the buyback rate as a reference.

Some overseas and private banks have opted for the Government of India Treasury Bill Rates (GOI), 6-Month Certificate of Deposit Rate, or MIBOR (Mumbai Interbank Daily Rate).

Some examples:

City Bank has opted for a 3 month Treasury bill rate

Standard Chartered Bank chose MIBOR. decided

Suryoday Small Finance Bank introduced a one-year interest rate on Treasury bills

Yes, the bank has chosen a 6-month certificate deposit rate

Vivek Mharte, former CEO of Union Bank of India, says: “The MCLR is based on the financing costs of the individual banks. Currently, the financing costs are around 7.75%, while the surrender rate is 4.40%. Banks generally apply a margin on the repurchase rate of 2.80% -3%. If EBLR is chosen the ROI is 7.20% (4.40% + 2.80%) and if you choose MCLR the ROI is 7.60% to 8%. It is beneficial for consumers to choose EWCs. "

What happens if you fail to repay your home loan?

Nobody wants to default on home loans as it not only ruins your creditworthiness but also makes it difficult for you to borrow money from banks and non-banks in the future. Until you have paid the full loan amount, your lender will own your property and will keep the original documents with them.

When you take out a home loan, you must repay the entire amount, including principal and interest, in equal monthly installments (EMI). Your relationship with the bank will remain intact until you continue to pay your EMIs on time.

Sometimes circumstances get tough and we cannot meet our financial commitments, especially in a situation like COVID-19. To avoid borrower defaults, the Reserve Bank of India has put a six-month moratorium on all fixed-term loans, but it is uncertain when this will normalize. Wage cuts and job losses also run the risk of borrowers defaulting on loan payments.

With that in mind, it's important that you know how to deal with a situation where your refund is due longer than expected.

Loan that becomes an NPA

If you haven't made any payments for 90 days, your loan becomes a Non Performing Asset (NPA). Banks will only treat any loan as an NPA if you haven't made a consecutive payment for three months. Therefore, after default, banks do not immediately seize borrowers' assets.

“Since all mortgage loans are secured by a mortgage on the asset, the bank / financial institution can initiate procedures to enforce the mortgage. After redemption, you can sell the asset by public auction or private contract. You can exercise your debt collection rights Act with Banks and Financial Institutions of 1993 or the SARFAESI Act. The latter is the fastest solution, ”says Sagar Kadam, Partner - DSK Legal.

Impact on creditworthiness

When you default on your credit, your creditworthiness is the first thing to hit. Without a good credit rating, it will be difficult to borrow money from a lender in the future. Since your property is pledged to the lender, the lender can repossess the property and auction it off.

What are your options?

Often times, people tend to turn off their phones and stop communicating with their banks. This is where the real problem begins.

"If you are currently having trouble paying your loan, you can opt for the Default Rule to avoid default. However, if you have already defaulted on your loan or could default in the future due to the loss of the loan. Job or If you cut your wages, then don't cut your communications with your lender. Talk to them and tell them why you can't pay as they may offer a solution you may not have thought of, "explains AK Bansal, former CEO of Indian Overseas Bank (IOB).

Your lender will give you a chance to present your case and explain what went wrong. You can ask the bank to postpone your payments for a few months. The option to reduce EMI is also available, but your term will be extended if this occurs. You can also apply for a loan restructuring that can relax fee terms and lower interest rates.

“A customer has the right to (i) terminate the bank / financial institution appropriately and settle the arrears prior to the execution of the guarantee; (ii) ensure that the asset has been correctly valued; and (iii) demands that any excess proceeds from the sale of the asset be paid to him / her after the bank / financial institution's claim is satisfied, ”explains Kadam.

“It is advisable to set up an emergency fund that can be used to repay loans in the event of financial problems. This fund could be six times the current monthly income, ”says Bansal. However, some business experts we've spoken to say they create a corpus for at least a year. If you have credit insurance, it can also help you pay for your EMIs.

Applying for a Home Loan? Beware of these Frauds...!

What is a home loan?

A home loan is a type of financial assistance received from a financial institution (lender) for the purchase or construction of a home. In addition, the home purchase loan can also be used for renovations or improvements to a house that has already been built. The financial institutions that provide these loans include banks as well as non-bank financial corporations (NBFC).

This loan is granted by the lenders based on the applicant's repayment ability as well as various parameters of the property being purchased.

You can also visit our website for more information on home loans, eligibility criteria, repayments, documentation, etc.

Beware of scams when taking out a mortgage loan:

Bank fraud is not new to India. Fraudsters have been in the news for tricking banks into taking out fraudulent loans, mostly personal loans and home loans. There are also equally shocking episodes where some people mislead people on the pretext of helping them with home loans.

In recent years, there has been an increase in the incidence of loan fraud and fraud, in which loan applicants have been deceived by various tricks on the pretext of obtaining "cheap" and "hassle-free" loans for them.

Such scammers pretend to be authorized agents of banks or financial firms, luring home loan applicants with some home loan benefits (for a hefty fee) that they would not get if applied directly through the bank's regular process. Some of them are:

Lower interest rate than officially published by the bank

Home loan guarantee with a CIBIL score less than 600-650

Home loan sanction without sufficient proof of income

Home loan on illegal real estate (real estate without all relevant documents)


It should be noted that under ideal circumstances and with increasing loan defaults, no bank in India would sanction a home loan without a good CIBIL score, sufficient proof of income and complete ownership documents. Any claim by any person to be sanctioned on a home loan against these terms SHOULD NOT BELIEVE.

Reserve Bank of India (RBI) is cutting home loan repurchase rates and interest rates, which are mainly based on the marginal cost of fund-based lending rate (MCLR); Home loans are more affordable than ever, and banks would not sanction home loans with interest rates lower than those published and advertised.

Typical fraud mode operandi:

Case 1:

These people obtain the contact details of people applying for a home loan, often through unfair means and hacking techniques. Most are people who have been turned down for home loans because of poor creditworthiness, insufficient ownership documents, or proof of income.

They then contact and convince potential customers that they can sanction a home loan that the bank would not sanction as part of the regular process.

They draw up a Letter of Sanction in Principle (also called a Letter of Eligibility) from the banks and claim that it is a Letter of Final Sanction. Most of the time these letters are forged. Some of these fraudsters also receive a basically genuine sanction letter, which you can also receive in person from the bank.

However, the main hurdle starts when you request a definitive sanction or payout letter that could not do without a good CIBIL score, proof of income, and ownership documents. You will then be informed by these "agents" that the bank has declined the loan. But until then you would be distracted from loopholes of rupees under the name "Commission".

Case 2:

This includes a professional call center setup that employs people to contact potential individuals for any loan requirements. The promised benefits are the same as mentioned above.

They request personal documents such as Aadhar card, PAN card, bank statement, TI returns, pay slips and post-dated checks (PDC). These checks are cashed under the guise of EMI payments if the transfer of the Electronic Clearing Service (ECS) is temporarily not possible for certain reasons.

These post-dated checks are used to withdraw funds from the customer (victim) account. Additionally, the documents presented would be used to open a bank account and take fraudulent credit on your behalf. You would have the right to repay that loan without receiving any money.

YOU SHOULD BE AWARE THAT THESE PEOPLE ARE LESS INTERESTED IN THEIR CREDIT HISTORY / CIBIL REPORTS and promise to overlook a lower CIBIL score / insufficient documents. This should act as a trigger that any transaction with these people would result in fraud.

Case 3:

This is similar to Case 2, where the general procedure for committing fraud remains the same; but it is an online method of taking money from people using UPI, Net Banking, Mobile Banking, etc.

Instead of taking the PDCs away from the customer, these scammers are asking here to transfer money digitally to their account. Since most online money transfers are made through UPI apps (like BHIM, Google Pay, PhonePe, etc.), these people insist on UPI money transfers to transfer money.

They usually ask for processing fees and commissions (which vary between 5% and 10% of the loan amount) to be transferred via UPI wire transfer. After this amount has been transferred to their account, they will notify the customer within a day or two that the credit is being declined by the bank for some reason. After that call, they will not answer your calls or messages. In most cases, your number is out of order.

In addition, it is also common to request a transaction PIN from the customer. Once all the documents have been submitted, the fraudster informs the customer that the loan has been approved by the bank, and the bank then transfers the loan amount digitally to their bank account.

To do this, they send a payment request to the customer's UPI address and ask for the transaction PIN to be passed on so that the money is credited to the customer's account. They also insist that this PIN be passed on urgently, on the grounds that it is only valid for a short time (around 5 minutes), otherwise the loan would be declined and he would have to apply again.

With enthusiasm and rush, most of the people unfamiliar with digital payment methods tend to neglect the transaction details and enter the transaction PIN and transfer the funds to the fraudster's account. PLEASE NOTE THAT THE TRANSACTION PIN IS REQUIRED ONLY TO TRANSFER MONEY AND NOT TO RECEIVE MONEY.

Basic Precautions When Applying For A Home Loan


It is highly recommended that you visit the bank branch in person when applying for a home loan or other loan, at least once during the process.

Submit all your documents and physically pick up all loan documents at the branch, along with the relevant confirmation from the bank staff.

Pay applicable fees and processing fees only to the bank account and not to a personal account. INSIST ON RECEIVING EVERY PAYMENT PAID, no matter how small the amount

DO NOT SHARE PASSWORD / PIN / OTP (One Time Password) for payments in UPI applications, mobile banking applications or other online payment methods

PLEASE NOTE THAT ONLY ONE TRANSACTION / OTP PIN IS REQUIRED TO TRANSFER AND NOT RECEIVE FUNDS. It's a common trick used by scammers to request OTP or Transaction PIN to transfer funds to your account. If someone requests a PIN during a transaction, it means that the money will be debited from their account to their account.

All you need to know about Credit Scores for Home Loan

What do you mean by creditworthiness?

Typically, a home loan is of a larger amount than a typical car loan or personal loan. Therefore, every time someone applies for a home loan, banks or financial institutions (called lenders) check that person's creditworthiness. Banks assess whether it is possible to provide a home loan to an applicant based on previous loan repayment history.

The same credit rating is determined by the credit rating of the person.

In very simple terms, this bank credit rating is similar to the way we borrow money to our friends based on the trust we put in them to repay our money as agreed. If we trust this person based on previous experience, we will borrow their money. If we don't trust them to pay them back, we won't lend them any money.

This “trust” is measured by the “creditworthiness” of banks that lend money.

The creditworthiness of the applicant is one of the most important factors that are considered when approving the mortgage loan. Here you can find detailed information on other factors that should be considered in deciding on eligibility of a home loan applicant.

Credit Report Versus Credit Score?

A credit report reflects the person's credit history and transactions; while creditworthiness is a number generated based on the credit report.

The credit report is a comprehensive report that is tedious and time consuming to read. While calculated creditworthiness is defined and measurable information that can be analyzed using standard method.

The interpretation of a credit report can in some cases be subjective, which can sometimes lead to an inadequate assessment of an individual's creditworthiness.

What is an Ideal Credit Score?

The credit worthiness in India varies between 300 and 900; with 300 being the lowest and 900 being the highest. This area is common to all major companies that offer credit scores.

This score drops due to several factors including:

Increased number of loans taken out (including credit cards)

Irregular EMI payments

Increased number of loan applications (regardless of the loan sanction)

Payments by credit or credit cards for an amount less than the amount owed

For people who have fewer credits available and have applied for, and who regularly pay for their credits and credit card payments, credit scores go up.

Ideally, a credit score of over 700 is considered good in India to be eligible for a home loan. Individuals with a credit rating in the 650-700 range are considered to be of moderate risk and may be eligible for a reduced home loan amount and / or above normal interest rates.

However, lenders consider a credit score below 650 to be a high risk and are reluctant to provide home loans to such applicants. This value can be corrected in a few steps, including waiting 6-12 months before applying for a loan.

Also, for some individuals with limited or no credit history, creditworthiness can range from -1 to 6, depending on your credit bureau rated risk factor. These include:

First time borrower

Applicants whose credit history has not been available for more than six months

Applicants who have not paid any loans or credit cards in the past 24 months

Who gives a credit rating?

Credit Score is given by credit reporting companies that analyze various financial parameters of a person related to obtaining and repaying loans and credit cards.

Under Reserve Bank of India (RBI) guidelines, individuals are eligible for free credit reporting from credit bureaus in one calendar year (January 1 to December 31). Follow-up reports can be billed within one calendar year.

These points are available for some fees payable by the applicant, which range from Rs 400 to Rs 600 for a single assessment and up to Rs 1,200 for an annual subscription.

There are four of these large operating companies in India that provide credit reports for both individuals and businesses. The four best accepted credit scores in India are as follows:

CIBIL: In India, the CIBIL score is the most popular and widely used credit score for loan applications. It is provided by TransUnion CIBIL (Credit Information Bureau (India) Limited), an Indian subsidiary of the US credit reporting company TransUnion.

In addition to a score of 300-900 for repeat applicants, TransUnion CIBIL awards a score of -1 to 5 for people with limited or no credit history.

CIBIL offers three types of reports for individuals

Basic - This is a one-time report for Rs 550, valid for one month

Standard - This is a 6 month subscription with 2 reports and costs Rs 800

Premium - This is an annual subscription with 4 reports and costs Rs 1200

Website: The CIBIL score can be found online on the TransUnion CIBIL website.

Experian: The Experian Score is awarded by the Experian Credit Information Company of India Private Limited, an Indian subsidiary of Ireland-based credit reporting company Experian plc. The Experian score is similar to the CIBIL score.

In addition, Experian awards a score from 1 to 6 for people with limited or no credit history.

Cost: Experian provides a basic credit report for free. However, a detailed credit report with credit score is available for 399 rupees.

Website: The Experian score can be found online on the Experian website.

Equifax: The Equifax score is provided by Equifax Credit Information Services Ltd. (Equifax India), an Indian subsidiary of the US credit reporting company Equifax, Inc.

Cost: Equifax charges Rs 118 for basic credit report (no score) and Rs 472 for full credit report and credit history.

Website: Unlike CIBIL and Experian, the Equifax score can be obtained by downloading the Credit Report Request Form from the Equifax website. This must be filled out manually and physically sent to the address given together with the documents.

Home Loan from a Bank v/s Housing Finance Company

A home loan refers to the loan a bank or financial institution (lender) receives to buy or build a home. This loan is granted by the lender based on the assessment of the repayment ability of the applicant (borrower) as well as some technical and financial aspects of the property being purchased.

Types of Lenders That Provide Home Loans

Financial institutions such as banks, non-bank finance companies (NBFCs) and home finance companies (HFCs) are the major home loan providers in India.

In addition, there are other lenders, such as private finance companies and credit unions, that offer home loans.

NBFC, as the name suggests, is a financial institution whose business is only lending and not other banking services such as accepting deposits, transfers, pay slips, etc.

Home Finance Companies (HFCs) are specialized NBFCs that only deal with home loans. Additionally, many NBFCs have their Home Finance subsidiaries that only offer home loans.

Banks include institutions like State Bank of India (SBI), ICICI Bank, Axis Bank, etc.

NBFCs include companies like Bajaj Finserv, Muthoot Finance, Fullerton India, etc.

The HFCs include companies like DHFL, LIC Housing Finance, GIC Housing Finance, Muthoot Homefin, Manappuram Home Finance Limited, etc.

Bank or Home Financing Company? ... what to choose?

Banks: Banks are the major home loan providers in India.

Mortgage loans from banks are usually cheaper than those from other lenders, but banks have stricter lending criteria in terms of amount allowed, creditworthiness, type of property, etc. Also, banks allow a longer repayment period of up to 30 years.

Read here to learn more about the importance of creditworthiness when applying for a home loan.

Most PSUs and private banks have home loan interest rates based on the marginal cost of funds (MCLR) borrowing rate, which varies based on the repurchase rate set by the Reserve Bank of India (RBI) at which banks borrow money from the RBI .

MCLR is the minimum interest rate below which banks cannot lend money to their customers. The MCLR includes the marginal cost of funds, the bank's operating costs, the holding premium, and the cost of maintaining the cash reserve ratio (CRR).

The RBI now requires banks to report their bi-weekly, 1-month, quarterly, 6-month, annual and 2-year MCLR rates every month. Any change in the repo rate announced by the RBI can immediately lead to a corresponding change in the interest rate.

As of August 2020, the buyback rate will be 4.0%; and the minimum interest rate that most banks charge is around 6.8-7.0% per year. This interest rate can vary depending on the size of the loan and from bank to bank.

Types of Banks: There are mainly three types of banks offering home loans in India

Nationalized Banks: These are also known as Public Sector Banks (PSU). These banks are run by the government.

In general, PSU banks have more stringent lending rules than private banks and generally make fewer mortgage loans than a private bank would give to an individual of the same income.

For example, a PSU bank may only allow up to 55% of a person's net income for EMI home loan payments; while a private bank can grant up to 65% of a person's net income. Therefore, a higher amount of mortgage credit can be granted.

This varies from bank to bank.

Some examples of PSU banks are the State Bank of India (SBI), Bank of Baroda, Indian Overseas Bank, Indian Bank, etc.

Private banks: These banks are similar to nationalized banks, but are not owned by the government. Private banks can be lenient when calculating mortgage loan eligibility and therefore offer higher loan amounts than PSU banks.

In addition, private banks generally offer an improved level of service compared to PSU banks. For example, private banks offer faster loan processing and payouts, a dedicated loan account manager, online tax certificates, and more.

Some examples of private banks are ICICI Bank, Axis Bank, HDFC Bank, Kotak Mahindra Bank, etc.

Credit Union Banks: A municipal credit union (UCB) is a financial institution similar to any commercial bank, as mentioned above. The main difference between a commercial bank and a credit union is that a credit union's borrowers are shareholders in the bank.

For a client, UCB is the same as any other private bank in India.

When granting a home loan, some UCBs may be lenient in deciding the amount of eligibility and relax some criteria for the applicant's creditworthiness.

Some UCBs, like Saraswat Bank, also allow registration and stamping fees to be included in the loan amount.

However, a credit union mortgage loan is expensive for two main reasons:

Interest rates: Credit unions lend based on the Prime Rate (PLR) rather than the MCLR, as is the case with most other banks. PLR is an internal bank reference rate for lending; and varies from bank to bank. Therefore, the interest rate on a home loan with a credit union is higher than with other banks.

A change in the repo rate announced by the RBI cannot lead to a corresponding change in the interest rate.

As of August 2020, most of India's municipal credit unions are offering home loans at an interest rate of 7.55% to 9.50%, which varies depending on loan size, type of employment, gender of applicant, etc.

Equity Participation: UCB mortgage borrowers must purchase shares in the bank equal to 2.5% of the loan amount. This must be paid in advance and cannot be included in the loan amount. That makes the mortgage loan of a cooperative bank more expensive.

For example a home loan of Rs. 50 lacs requires shares worth Rs. 1.25 lacs to be purchased at the bank.

It should also be noted that as of August 2020, cooperative banks will only have home loans up to Rs. 70 lacs and for a maximum term of 20 years.

Some examples of municipal cooperative banks are Saraswat Bank, Cosmos Bank, NKGSB Bank, Kalupur Bank, Shamrao Vithal Co-op Bank, etc.

Home Finance Company: How UCBs Home Finance Companies (HFCs) give home loans on the Prime Loan Rate (PLR) rather than MCLR like banks do. Therefore, the interest rate on a home loan with a credit union is higher than with other banks.

While banks work according to the guidelines of the Reserve Bank of India (RBI), HFCs work according to the guidelines of the National Housing Bank (NHB).

Like private banks, HFCs can allow some leniency in deciding whether or not to accept mortgage loans and thus offer higher loan amounts than commercial banks. Also, these HFCs offer better customer service than PSU banks.

Most HFCs borrow from other commercial banks to provide home loans. Therefore, they charge higher interest rates than banks.

As of August 2020, most of the HFCs in India are offering home loans at an interest rate of 7.0% to 10.0%, which varies depending on the company, loan size, gender of applicant, etc. Government HFCs like LIC Housing Finance have a lower interest rate, while private HFCs like Indiabulls Home Loans have a comparatively higher interest rate.

Your Handy Guide to Home Loan Transfer

What is a Mortgage Loan?

Get an Approved Home Loan and Buy Your Dream Home - There seems to be no greater accomplishment than this in a middle class home in India. But that excitement almost dies once you start paying EMIs on that home loan; You always feel like the EMI is higher and should have been lower.

Home loan transfer is an arrangement that involves taking out a home loan from a specific bank or mortgage lending company (HFC) with the help of a loan from another bank or HFC.

A home loan transfer is usually done to save the interest amount when someone gets a better deal from another bank. In such cases, applicants save a lot of money on the interest payable.

Also, the mortgage loan transfer is done to reduce the EMI amount by extending the loan term with another bank if the current lender does not extend the term.

How does a mortgage loan transfer work?

A home loan transfer is similar to prepaying a home loan. The only difference is that with the mortgage loan transfer, instead of using your own funds, you are using money from another bank to complete the loan. In this case, the loan is taken out with one bank and started with the other bank.

Consider the example of Mr. Patel, a 31 year old stockbroker from Ahmedabad who bought a 3BHK apartment in Sanand for Rs. 40 Lacs as of October 2018. Based on your eligibility at that time and some parameters of the property purchased, you have received a home loan of Rs. 32 Lacs for 20 years, at a rate of 7.5% (fixed rate) from Bank A. Pays an EMI of Rs. 25,780.

Case 1: After paying EMI for 2 years, you have now received an offer of 6.5% interest on a mortgage loan from Bank B. You are reaching out to Bank B to take over your mortgage loan from Bank A with around Rs outstanding principal. 30.5 lacs as of September 2020. Bank B undertakes to pay this outstanding amount to Bank A on its behalf; and then Mr. Patel has to pay EMI to Bank B to refund that amount.

From September 2020 you are still entitled to a house loan up to the age of 30

Bank B. But he chooses to stick with the original 20 year tenure and goes with Bank B for a loan transfer of Rs. 30.5 lacs for the remaining 18 years. Now on this loan you will pay an EMI of Rs. 24,000 to Bank B over the next 18 years.

With the original home loan at Bank A, you would have paid interest of around Rs. 30 lacs over 20 years old. But with this mortgage loan through Bank B you would be paying a total of around Rs interest. 26 lacs (Rs. 4.7 lacs to be paid to Bank A over 2 years and Rs. 21.3 lacs to be paid to Bank B over the next 18 years).

So with this home loan you have saved the total interest payable of around Rs. 4 paints.

Case 2: After paying EMI for 2 years, Mr Patel got into a financial crisis as his profits plummeted amid the COVID-19 pandemic. He asks Bank A to extend the mortgage loan term for another 5 years so that he can pay a lower EMI and better manage his finances. This request for an extension of the term of office was rejected by Bank A without giving a reason. He turns to Bank B to take on his outstanding home loan of Rs. 30.5 Lacs that are refundable over a longer period. Bank B accepts this and gives you a home loan of Rs. 30.5 lacs for 23 years.

Assuming that Bank B is offering home loans at the same 6.5% interest rate, the EMI payable over the next 23 years is roughly Rs. 21,330.

So with this home loan you have saved around Rs. 4,450 per month; but you have to pay additional interest of around Rs. 3.2 Lacs during the 25 year period.

How much do you save with the mortgage transfer?

Home loan savings primarily refers to the interest saved by having the bank taking over the loan from the previous bank pay less interest. The amount paid through the home loan transfer is used to repay the principal, thereby saving the interest payable to the existing lender on that amount.

The amount saved depends on when you transfer after taking out the loan. The sooner you transfer the loan, the more you save. However, lenders do not allow the transfer of a mortgage loan during the first six months of the tenure.

For bank and HFC home loans, the interest component is much higher than the main component in the initial loan term.

By the time you get to the middle of the tenure, the interest and principal components will be almost the same.

After half of the stake, the interest component of the EMI will decrease and the main component will increase.

Financial sustainability of a mortgage loan transfer

While a home loan transfer appears to save interest, its long-term financial viability should also be analyzed.

Likely savings in interest payable should be considered along with the total amount paid for pre-closing fees, conversion fees, processing fees, stocks, and taxes, as applicable.

Since these fees are prepaid, you should consider putting this amount in a fixed deposit (FD) account for the same period of time as the remainder of the mortgage loan. The home loan can only be extended if these fees are lower than the savings achieved.

For example, consider Mr. Patel's home loan transfer in Case 1, to transfer the home loan of Rs 30.51 lacs, you need to repay Rs 31.42 lacs including about Rs. 91,000 as a mortgage loan insurance premium. So you have to pay an EMI of Rs. 24,716 for 18 years. This mortgage loan transfer would save around Rs 3.18 in interest payable over 20 years.

Optionally, if you have that amount available, you can consider investing these Rs. 1.08 lacs that would bring you more profit than Rs. 3.18 accumulated lacquers earn interest.

You can also consider paying Rs upfront. 1.08 lacs on your home loan at Bank A, which would significantly reduce the interest payable without transferring the loan.

Bottom line: should you opt for a home loan transfer?

A home loan transfer is only a wise choice if the interest savings exceed the amount of the interest receivable when the transfer costs are invested elsewhere.

Key Things to Consider in a Home Loan Transfer

Home loan transfer (also known as balance transfer) is an arrangement that involves taking out a home loan from a specific bank or mortgage lending company (HFC) with the help of a loan from another bank or HFC.

A home loan transfer is usually done when someone is getting a better interest rate from another bank. In such cases, applicants save a lot of money on the interest payable.

In addition, mortgage loan transfer is also done to reduce the amount of EMI by extending the loan term with another bank in case the current lender does not extend the term.

Transferring a home loan from one lender to another can seem easy and lucrative because of the lower interest rate; However, there are a few things to keep in mind when transferring your home loan from one lender to another:

Pre-Closing Fees: Most lenders charge a fee to complete a fixed rate home loan through a wire transfer from another bank. These fees are typically around 2-3% of the principal amount outstanding. These fees must be paid in advance and cannot be included in the mortgage loan.

There are no early repayment penalties for home loans with a variable interest rate.

Pre-graduation fees will from time to time raise taxes accordingly. As of September 2020, a goods and services tax (GST) of 18% will be charged on fees paid prior to closing.

Conversion Fees - Some banks do not allow fixed rate home loan transfers to other lenders. For a mortgage transfer in such cases, the mortgage loan must be converted to a variable interest rate. Banks charge an exchange fee of 2-3% of the outstanding nominal amount for such conversions. This is in addition to any prepayment fees payable when transferring the home loan to another lender.

From September 2020, 18% goods and services tax (GST) will be charged on exchange fees.

Therefore, banks charge a prepayment penalty or an interest rate conversion fee for a fixed interest rate. Either way, you'll pay around 2-3% of the mortgage transfer fees.

Processing Fees: Banks that take on a home loan from another lender charge processing fees similar to how they would apply to a new home loan application. This corresponds to about 0.5-2% of the requested amount and varies from bank to bank. From September 2020, a goods and service tax (GST) of 18% will apply to the processing fees.

Eligibility: The applicant's eligibility will be taken into account in the same way as a new home loan application. So if you apply for a mortgage loan transfer later in your life, you may not be eligible for the same benefits and you should be careful as your application may be denied due to various payment criteria. Banks.

Credit Union Banks: Transferring a mortgage loan to a municipal credit union (UCB) requires the purchase of shares in the bank worth 2.5% of the loan amount. This must be paid in advance and cannot be included in the loan amount.

Negotiation: No bank wants a home loan customer to go to another bank and lose interest claims. As long as you have a good deal on hand, try negotiating the interest rate with your current lender before reaching out to the other lender for a home loan purchase. Chances are your current lender is negotiating and trying to keep you by offering you competitive rates and quotes. Compare and decide for yourself which option is feasible for you.

Home loan insurance - If you bought home loan insurance, it is tied to a specific home loan. As soon as you have taken out your home loan from a lender, your insurance cover ends. With most insurance providers, coverage is not transferable to the new lender. New home loan insurance must be taken out for the transferred home loan.

The insurance premium for mortgage loans is around 3-5% of the loan amount and is usually added to the loan amount. You can also prepay this premium and save on EMI.

It should be noted, however, that home loan insurance is optional and no lender can force the applicant to take out insurance along with the home loan.

Clearance Certificate - Once you've transferred your home loan to a new lender, it is important to obtain a clearance clearance (NOC) or loan completion letter or certificate of default from the existing lender stating that you have no outstanding payments. have this lender. .

Financial Sustainability: Home loan transfer is a wise choice only when the interest saved along with the home loan transfer fees paid exceeds the amount of the interest receivable when the transfer fees are otherwise invested.

Here’s how you save on Home Loan Interest

What is a home loan?

A home loan is a type of financial assistance offered by lenders such as banks or home finance companies (HFCs) to buy a home from a seller or build a home independently.

Since this loan is usually a larger amount than a typical car or personal loan, it is granted by lenders after carefully examining the applicant's solvency and analyzing the details of the property being purchased. This loan has to be repaid over several years in monthly payments, so-called Equivalent Monthly Installments (EMI).

Interest on mortgage loan

Since the repayment of the home loan usually extends over 10 to 30 years depending on the loan size and repayment ability of the buyer, the interest on this loan is higher than any personal loan in India.

Although the interest rate on a home loan is the lowest, the total interest paid over the life of the loan is very high. This interest rate varies from bank to bank.

For a typical 20-year home loan with an interest rate of 8%, the total interest payable is equal to the principal amount. Therefore, in the end, the buyer pays back double the amount of the loan taken.

In some cases, where the tenure is more than 20 years or the interest rate is higher, the total interest amount will exceed the principal amount.

Interest savings on home loans

Since paying a mortgage loan has a higher interest component, there are a few ways you can lower the interest rate on a home loan:

Switch to MCLR-Based Mortgage Loans: MCLR stands for Lending Rate Based on Marginal Cost of Funds. With the MCLR option, the interest rates are based on the repo rates and the cost of the bank to hold the funds. As the Reserve Bank of India (RBI) reviews the repo rate from time to time based on macroeconomic conditions, the resulting MCLR will also be reviewed in line with the repo rate. Transferring existing home loans at an MCLR-based interest rate will result in lower interest rates than home loans based on the Bank Interest Rate (PLR) or Fixed Rate.

It should be noted, however, that only banks can offer MCLR-based home loans. HFCs do not offer MCLR-based home loans as they are not covered by the RBI. In India, HFCs are regulated by the National Housing Bank (NHB) and offer home loans based on their internal reference rates.

Mortgage Loan Prepayment: The prepayment of a mortgage loan refers to the payment of a mortgage loan prior to its original term. This advance payment can be made in full or in part. Since the prepayment is made on the principal amount, the interest on this amount is saved for the remainder of the loan term.

However, it is financially feasible to take out a home loan in the early years of the loan (approx. It is higher in the initial repayment period.

Read here to learn more about home loan prepayment.

EMI Increase - An increase in the amount of EMI will result in the mortgage loan being repaid prior to its original term. This in turn reduces the total interest payable over the life of the mortgage loan.

For example, consider Ms. Shah Rs taking. Mortgage loan of 30 lacs at an interest rate of 8% for a term of 20 years. The EMI is Rs. 25,100. The total interest payable over the 20 year period is Rs. 30.2 paints.

After paying the regular EMI for 2 years now, Ms. Shah asks her bank to increase the EMI by around Rs. 3,000 based on your increased income; The bank agrees.

Paying a higher EMI reduced the remaining tenure from 18 years to about 14.5 years (14 years and 6 months) and also saved around Rs. 5.65 Lacs total interest to be paid.

It is highly recommended that you increase the EMI amount every year as the proven income increases based on the applicant's financial viability.

However, it is at the discretion of the bank to allow any change in the amount of EMI or the total number of EMI payable, depending on the applicant's repayment ability.

Read here to learn more about the impact of the EMI amount and the duration of the mortgage loan on the interest payable.

Home Loan Transfer - An arrangement where another bank takes over a home loan from an existing lender. This is usually done when the lender has a lower interest rate than the existing lender. This involves the buyer paying the outstanding nominal amount of the mortgage loan from their current lender and taking out a mortgage loan from another lender whose interest rate is lower than that of the existing lender.

Can You Get a Loan for Purchasing Plots?

When you buy a plot of land, not only do you have your own space, but you also have the privilege of personalizing it in your very own way. You can have as many bedrooms as you want, a kitchen in your preferred location, a personalized living room, etc. However, as we all know, buying land can be an expensive proposition, especially in high-demand or large metropolitan areas. Cities. In order to fulfill your dream of a property in the big city and to have your dream house built on it, you therefore need financing options for the purchase.

Did you know that investing in land purchase is considered one of the smartest decisions to make in your investment portfolio because of its increasing value and value? This is why Indian investors tend to buy land, be it for investment purposes or for housing.

Practical guide to getting a loan for packages

If you are planning to buy real estate, you must opt ​​for a real estate loan other than a mortgage loan. A home loan is intended to buy a property that has already been built or is under construction that would be available shortly. So if you are planning to invest in a package, a home loan is out of the question in this case. Therefore, several banks offer a different area of ​​credit, so-called package loans, if you want to buy land. However, it is important for you to understand that multiple lenders will not be willing to loan out a piece of land if you don't have blueprints for that particular piece of land. In addition, many lenders include construction costs in the loan amount provided.

Requirements for the use of a package loan

1. You must be a resident of India

2. You must be at least 18 years old and not more than 65 years old.

3. Must be an employee or self-employed.

You should pay attention to this when buying a package loan

The land purchase loan is a risky undertaking for lenders. Therefore, in order to minimize the lender's risk and maximize your chances of getting a package loan approval, consider the following factors.

A healthy credit score: A CIBIL score is the numeric representation of your financial status that shows all of your records of your loans / credits / credits and your repayments. All lenders consider the applicant's CIBIL before granting him a loan. You have the highest chances of getting your package loan approved if you have a CIBIL score of over 750, as this means that you have repaid your existing loans regularly and on time.

Debt-Income Ratio: Lenders will consider your Debt-Income Ratio (DTI) before considering you for a package loan. The DTI ratio is essentially calculated by adding up your monthly debts and dividing the total of the debts by your monthly income. Therefore, with a DTI rate of more than 50%, you are not eligible for a package loan or receive it at a very high interest rate. Therefore, it is advisable to close some of the existing debt and reduce your DTI ratio before deciding on a package loan.

Compare interest rates: Before you apply for a package loan, you should always compare the interest rates offered by different banks. Since the loan amount will be higher, make a wise decision and choose the bank that offers the lowest interest rate at the level you want.

Consider other fees and charges: When you choose a package loan, you should not only pay attention to the interest rate, but also to the other fees involved, such as handling fees, prepayment fees, foreclosure fees, etc.

Prepare a Budget: If you want to invest in a package, you don't just have to pay the EMI for the package loan. Also for the other areas such as municipal taxes, insurance, fences etc. So, don't budget and buy more than you can afford, because that will lead you into a debt trap.

Equity loans would help you a lot: if you think you are not eligible for a package loan, you can maximize your chances of obtaining a package loan by using equity loans. This lowers the risk of the lender.

If you are planning to get a package loan, following the suggestions above will surely help you to maximize your chances of getting a loan approval. Also many banks and NBFCs like SBI, HDFC Bank, ICICI Bank, Punjab National Bank, LIC Housing Finance Ltd., Bajaj Finserv etc. offer land loans at competitive rates. You can explore their website and make the right choice.

How RERA Benefits Homebuyers in India

RERA was introduced primarily to create transparency and strengthen customer confidence in the real estate industry. It came amid growing fraud complaints against developers. If you are a potential homebuyer or just interested in this law, here is a short list of the benefits that this law offers.

What is RERA?

The Real Estate Regulatory Authority, or better known as the RERA, is a law introduced by the Government of India to protect the interests of homebuyers. The law, introduced in May 2017, aims to regulate the sector in order to increase customer confidence and transparency.

It plans to achieve this goal by addressing a wide range of issues that are affecting the growth of this sector, including project delivery delays, construction quality, project approvals, pricing, etc.

RERA advantages for you as a home buyer

Check out some of the key ways RERA is helping home buyers:

1. Bad workmanship? Let the builder fix it

If you have been concerned about the build quality of projects these days, this is a relief for you. If a construction fault occurs within 5 years from the date of ownership, this must be rectified by the client according to RERA. The law also stipulates that this deficiency must be corrected free of charge within 30 days of being notified.

2. No more project delays caused by redirecting funds

Prior to RERA, the majority of developers were found to be missing their project schedules by diverting funds to start new projects. But with RERA, developers now have to deposit 70% of funds received from buyers into a separate account. This money can only be used for the respective project.

3. No more false promises from builders

Under RERA, building owners must now state their RERA registration number in their advertisements. You cannot promote something that is not delivered to buyers. Even if a builder wants to make a change to the original plan, they must first get the buyer's approval.

4. No project will be sold until all approvals are obtained

All builders and agents now have to register with RERA. It is now mandatory that they obtain all necessary permits before they can advertise the project for sale. This ensures protection for project buyers who later get stuck due to pending approvals.

5. Quick relief in the event of complaints

If you have a complaint against a builder, developer, broker, or contractor, you can submit it to the appropriate authority for quick repair. RERA obliges builders to clarify these complaints within 120 days of submission. In addition, the law states that non-compliance can result in a fine of up to 10% of the estimated project cost.

6. Penalty for project delays

With the RERA guidelines, if the project is delayed, a builder can request his reimbursement and withdraw from the project. If you do not want a refund, you will be entitled to interest each month from the due date.

7. Pay for the area of ​​the carpet, not the built-up area

RERA states that the value of a property is calculated on the area of ​​the carpet and not on the built-up area. Carpet area is the net usable area of ​​a property. Exclude the area from walls, etc. This ensures that you do not have to pay excessive prices for the space that you do not use.

Impact of RERA on Real Estate Agents

Real estate agents play a key role in commercializing any project, acting as a bridge between developers and buyers. These agents are now required to adhere to the RERA guidelines, a law introduced by the government in 2017 to bring transparency to the market. Let's find out how this law affected real estate agents.

Why was RERA introduced?

The Indian real estate market was primarily an unregulated market until the Real Estate Regulatory Authority (RERA) was introduced in May 2017. With the introduction of RERA, all brokers and builders are obliged to register with the state authorities, i. H. they have to work within guidelines and rules. The law was introduced with the aim of creating transparency in the real estate market while protecting the interests of buyers.

How RERA affects real estate agents

Here are some of the key effects this law has on real estate agents:

1. Only registered brokers can negotiate with registered properties

RERA has made it mandatory for all real estate agents to obtain a broker license from their respective state governments in order to conduct real estate transactions. This means that a broker who is not registered with RERA can no longer trade in a registered property. In addition, the registration is not valid for life; Agents must continue to renew as required by law.

2. Penalty for non-registration

The law states that any unregistered broker who trades in a registered property must pay a fine of 10,000 rupees per day for the entire period that such violation continues, or a fine of up to 5% of the value the bypass.

3. Bookkeeping is now mandatory

The law requires that all real estate agents create and maintain books of accounts, documents and records in accordance with the country's Income Tax Act. In addition, such accounts must be kept for every real estate project that the broker is dealing with.

4. The registration number should display correctly.

RERA requires that all agents display their registration number at their workplace at all times. If you are promoting or marketing a project, the ad must also have your registration number on it.

5. No more fake advertising

The law underlines the need to be transparent when dealing with buyers. Brokers and builders cannot advertise or market a non-RERA-compliant project. Any company that is in an abusive sale will be punished.

Implications of buying in projects not registered with RERA

You can have serious problems buying from a project that is not registered with your state's RERA or UT. Read below the benefits of projects registered in RERA and the risks associated with unregistered projects.

Home buyers should exercise caution when purchasing a project under construction that is not registered with their state's Real Estate Agency (RERA).

These regulators were established in many states in India and UT last year with the aim of protecting the rights of home buyers and July 31, 2017 was the deadline for project registration under RERA, while the unregistered projects are now considered illegal.

In simple terms, buyers buying property in a project that is not yet registered with RERA can face difficulties and weaknesses when contacting RERA with a complaint.

Narendra Kumar, a lawyer registered with the Supreme Court, says RERA handles everything that concerns developers and consumers with real estate. “RERA is an infallible rule to restore trust, create transparency and protect the interests of consumers. If a client does not register his project with RERA, it is his fault. When buyers contact RERA to resolve a complaint, they are asked why they chose an unregistered project, "says Kumar.

Developers are required to include the registration number in all of their promotions, which means that they can only promote a project if it is registered with RERA. Therefore, check whether the project you are interested in has been published in the media or not.

Anthony De Sa, President of Madhya Pradesh RERA, said that while RERA will not refuse to accept complaints from home buyers, it is the responsibility of consumers to verify that the project they are investing in is registered with RERA or not.

The details of commercial and residential projects are mentioned in the portals of the RERA authority. Every three months a developer needs to list all the details and updates about the project, the number of units, floors, and how many are being sold or unsold. Commercial or residential projects of 8 units or more fall within the scope of RERA.

All new and under construction projects fall within the scope of RERA. The authority ensures that a developer keeps what he has promised the buyers under the purchase agreement, including meeting the completion date.

What does RERA include?

The Real Estate Act (Regulation and Development) of 2016 defines the projects that fall within its scope:

a) Any project where the land area to be developed exceeds 500 square meters or the number of apartments to be developed exceeds 8, including all phases;

(b) if the property developer received the certificate of completion of a real estate project prior to the entry into force of this Act;

(c) Any project other than the one in which the renovation, repair or redevelopment is carried out, provided that it is not the marketing, promotion, sale or reallocation of a unit, land or building, as the case may be, in the real. Real estate project.

Karnataka: 200+ Affordable Housing Projects Planned Under the Smart City Mission, CBRE

Mission 100 Smart City (SCM) was launched in 2015 by the central government as an initiative to transform cities into livable and sustainable growth centers. SCM focuses on solving urban problems through the application of "intelligent" solutions. It will improve physical infrastructure and services such as sanitation, housing, water supply and mobility while maintaining a clean and sustainable environment.

The PMAY (Pradhan Mantri Awas Yojana) was also launched in 2015 with the aim of providing affordable housing to all families in the city and in the countryside by 2022. These include homes for economically backward groups, women, widows, the physically challenged, transgender, members of the lower income bracket, SC and ST. It is also of great help to urban teenagers with financial difficulties who want to invest in their first home.

Karnataka has made significant strides in Smart City Mission projects as of 2019, spending Rs. 470 million rupees. Currently 490 projects have been completed in the country.

Cities that are in the spotlight of affordable housing

Affordable housing projects are planned in Tumkur, Mangaluru, Belagavi, Davanagere, Hubli-Dharwad, Shivamogga and Bengaluru in different phases. From a number of projects under the Smart City Mission, Karnataka split up the work to be done and took on the priority projects first.

The cities mentioned were selected based on the availability of resources such as smart roads, open spaces, non-motorized mobility, electronic toilets, integrated command and control center (ICCC), etc. The services to be implemented include the underground drainage system, integrated mobility, water supply, the redesign of the slums, the rehabilitation of the city's central market areas and waste disposal in certain areas without containers.

Eligibility criteria for affordable housing in Karnataka

The requirements for purchasing a home under the affordable housing scheme are as follows:

The applicant's family must be socially and economically retarded.

You are not allowed to use a residential installation of any other scheme.

You can own a site or a country

You are not allowed to own a permanent home / pucca anywhere in the country in your own name or in the names of family members.

You must have a family that includes unmarried children, a husband and a wife

For those who apply as part of the "three-other-component service", one of the following components must be selected:

Affordable partnership housing - This is where apartments are being built as part of the public-private partnership (PPP).

Loan Linked Grant: In this case, the applicant will receive a linked grant for the loan.

Beneficiary construction or improvement - Here the amount for the construction of a house is released for the applicant on their own property.

Criteria based on household income:

Any of the above components can be selected - 0-25,000 per month.

6.5% Seed Grant is granted for loans up to Rs 25,001-50,000 per month. 6 lakh.

50,000-100,000 per month - 4% interest subsidy is granted for loans up to Rs. 9 lakh.

1.00,001-1.50,000 per month - 3% interest on home loans up to Rs. 12 lakh.

Impact of SCM on price range and land price growth in target cities

As the amenities and services of a “smart city” improve, real estate costs, including home and commercial rental prices, are likely to rise.

A smart city is sure to attract more residents because of its immense advantages. As more and more people move to these cities, the demand for affordable housing is also increasing. While the cost of building affordable homes is estimated at around 18 lakhs per home, it may not yet be affordable for most people. As a result, cities under SCM are undergoing a huge change when it comes to house prices and rental prices.

Affordable programs in Karnataka except PMAY

Based on PMAY, the state government launched the Karnataka Affordable Housing Policy (KAHP) in 2016. It focuses on improving existing housing for LIG / BPL / EWS households (Low Income Group / Below Poverty Line / Section economically weaker) and building new houses that are tailored to their needs.

There is also the "Karnataka CM 1 lakh Housing Scheme 2021", under which 1 lakh houses were built for the economically weaker section of the population. The regulation provides for houses in multi-storey buildings.

Basava Vasati Yojana is another affordable housing program launched by the Karnataka government in 2021. It is also closely linked to other residential programs, ensuring that it benefits a maximum number of beneficiaries. They have allocated a budget of Rs. Rs 2,500 crore for this program to provide affordable housing for the homeless.

Top 5 smart cities to invest in plots

A smart city can be described as a city that uses current technologies for its management and operation. In India, the Ministry of Housing and Urban Development launched the Smart City Mission in 2015, which aims to provide basic services and a good quality of life through intelligent technologies. The Union government allocated INR 2 million to the mission, which was to have a population of around 100 million.

Any urban community that has adequate communication systems and internet-based data collection devices could be called a smart city.

The 5 Smart Cities to Invest in Land in India are:


Ahmedabad is one of the top 8 metropolitan cities in India and represents cheap luxury and a growing presence of IT centers and companies. In addition, Ahmedabad was recognized as a UNESCO World Heritage Site, the first to become a popular destination for both tourists and home buyers due to the city's historical value. Ahmedabad offers the best of both worlds and combines the elegance of the old town with the contemporary atmosphere. Urban development includes historic "pole" parishes and houses, as well as New Age skyscrapers and high-rise buildings.

Sanand, Paramdham Society, Rancharda, Sanand-Nalsarovar Road, Vansajada Dhedia, Dholera Road, Nalsarovar, Bavla, Kolat, and Rethal are some of the top land investment destinations.

Upcoming infrastructure development:

The Dholera Special Investment Region (DSIR) is India's next central industrial location

Development of the Ahmedabad-Dholera Expressway to promote property development in South Ahmedabad.

GIFT, Gujarat's International Finance Technology City, is a central business district under construction between Ahmedabad and Gandhinagar that aims to provide infrastructure, services and the highest quality of life to global businesses through integrated communities.


Bhubaneswar is one of the fastest growing IT centers in East India. The Kalinga Nagar industrial area and the Paradip SEZ are among the drivers influencing future property values. Infocity SEZ in Chandaka is also the main employment center recently developed by IDCO. The real estate market is well regulated as most of the accessible land is owned by the government.

Sailashree Vihar, Neeladri Vihar, Chandrashekharpur, Patia, Prasanti Vihar, Pitapalli, Jatni, Kuha, Lingipur, Tamando and Kalinga Nagar are some of the major cities that attract package buyers.

Upcoming infrastructure development

The six-lane NH5 construction of the Golden Quadrilateral Project is intended to reduce traffic congestion.

Convention and Trade Zone ("CTZ") proposed by IDCO in JanataMaidan in Bhubaneswar.

An IT incubation center is being built on 2.39 hectares of land at Infocity IT / ITES SEZ, Chandaka, Bhubaneswar.


Hyderabad, the capital of Telangana, is an emerging destination for information technology and trade. The real value of real estate has increased, among other things, due to the good transport links and the connection to the city's shopping centers. Known for its consumer-centric market, Hyderabad is undoubtedly one of the largest package investors in India.

Depending on the budget and proximity to different work centers, there are eight package corridors, namely the Hyderabad Airport Corridor, the Hyderabad-Nagpur IT Corridor, the Pharma City Corridor, the Aerospace Corridor, the CBD and Financial Corridor, Warangal Highway Corridor, Genome Valley Biotech Corridor and Patancheru Industrial Corridor.

Upcoming infrastructure development

Development of 135 connecting roads with a length of 126 km to facilitate traffic in the city.

The Comprehensive Road Maintenance Program (CRMP) Strategic Road Development Plan (SRDP) aims to develop a series of overpasses, underpasses and railway bridges (ROB). By December 2021, four overpasses will be in operation in Kondapur, Shaikpet, Balanagar, Bairamalguda and Owaisi Junction.


Indore is known for educational institutions like IIM and IIT. It is one of the most famous cities in India and is developing rapidly. The city is abundant in land and prices are largely driven by investor demand.

Hatod, Super Corridor, Airport Road, MR 10, Premium Park Colony, Scheme No 136, Scheme No 78, Ujjain Road, Sanwer Road, Sheetal Nagar, Alok Nagar, Chhawni, Anand Nagar, Palda, Khandwa Road and Bicholi Mardana are just a few including the most important cities that offer plots in various price ranges and sizes.

Upcoming infrastructure development

An approved metro line between Palasia - Railway Station - Rajwara - Airport - Bhawarsala - MR10 - Palasia (ring line) with a length of 33.53 km.

Four more subway lines are proposed between Sri Aurobindo Hospital - Collector Office - Indore Bypass 1, Sri Aurobindo Hospital - Collector Office - Regional Park (1B), Dewas Naka - June Indore - MHOW and MR9 - Train Station Indore - Indore Bypass 4.


Kochi is on the map of many IT startups and is the commercial center of Kerala. Initiatives such as the privatization of the international airport and the improvement of the seaports have highlighted the real estate potential of the city. There are many critical projects in Kochi that are in different phases of implementation. The growth corridors of various SEZs, industrial areas, the Malabar Coastal Economic Zone (CEZ), the port of Cochin and the IT parks offer numerous employment opportunities.

Thrikkakara, Kangarappady, Vazhakkala, Kakkanad, and Angamali are among the most desirable destinations for buying land in Kochi.

Upcoming infrastructure development

Phase II of the Kochi subway from JLN to Infopark via Kakkanad has been approved by the state and is awaiting central approval. Work on Phase 1B from SN Junction to Tripunithura is also underway, with the expansion scheduled to go live in June 2022. 

With the Vallarpadam International Container Transshipment Terminal, Kochi will become a shipping hub for the Indian peninsula and offer investment prospects.

COVID-19 and remote viewing and contact-less site visit

The COVID-19 crisis has led to increased adoption of cutting-edge digital technologies in all aspects of our lives. Trends show that while the cloud and artificial intelligence are quickly being integrated into our normal lives, online shopping for everything is also becoming the norm.

So what about online property shopping?

While the real estate sector has started to move faster to the phenomenon of new technologies such as digital home sales and online documentation, in this article we will discuss other aspects of technology adoption that Rais Khan, CEO of Buyolp, also discussed during our COVID-19 related webinar on Real Estate Buyer Opinion Survey: Enabling remote viewing and contactless on-site visits as an integral part of the home buying experience.

"Remote viewing and contactless on-site visits are the first step in buying a home. They enable potential buyers (or tenants) to view the property virtually anywhere, anytime, using technology."

While the real estate industry has always been prepared for technology adoption at different stages of the buying cycle, the emergence of the pandemic (COVID-19) has resulted in a quick follow-up of the whole process. The crisis has already led more and more real estate companies to rely on the idea of ​​remote viewing and contactless site visits, to insist on services such as visits to digital locations and to enable the use of video conferences and virtual tours to select properties. .

"The use of digital platforms offers home buyers a unique virtual tour experience."

Since the blackout period during the COVID-19 crisis restricted people's freedom of movement, it is expected that potential homebuyers will refuse any type of physical interaction for long periods of time even after the crisis (until there is a vaccine).

In our opinion, the time has come for developers to invest in technology and encourage all brokers to hold phone or video conferencing, even after the crisis, while providing visual images of the home to avoid crowds and long drives.

Factors Promoting Remote Viewing and Contactless Site Visits:

Avoid traveling and save time

Prevent overcrowding at peak times

Ideal for the initial phase of the search

How can the buyer use this technology?

Your property search can start with a very simple process, such as a simple tour of the apartment or property with a mobile video call (via WhatsApp or Facetime).

Today, property developers and real estate portals also provide interactive floor plans and photos, right through to a commercially developed virtual 3D tour of the property that provides details about the nearby location.

Aspects that can be covered by a contactless on-site visit:

Location Analysis - While most property tours provide location details, you should also do a simple map search and satellite search to learn more about the property's location

Directional Analysis Using the Layout: You can check the directions of the entrance, rooms, kitchen to see the hours of sunshine and other aspects including Vaastu compliance by looking at the layout

Size comparison (carpet vs. super area) - A virtual tour also offers a real-time view of the carpet area of ​​the apartment. This should be up to date if you are in the middle of a contactless site visit.

Apartment Views - A virtual tour also allows you to check out the views from balconies and windows. A prospective buyer can also look at the front of the property and the view in front of the apartment.

What can be missing from the contactless / remote viewing site visit?

While there are many things that can be checked while viewing remotely, there are also certain limitations to this technology. For example, the viewer cannot determine the quality of the construction in a virtual tour. While knowing more about your neighbor and your neighborhood can be important for you, it cannot be done through a virtual medium.

For buyers:

While remote viewing and a contactless on-site visit can become a hit in times of the COVID-19 crisis, we recommend:

Consider the virtual tour as the first step in home buying to avoid travel and save time

Visiting the property in person (by a potential buyer, trusted friend, or family member) should be seen as a required step in the final stage of buying a home.

Reviewing documentation and paperwork is also a critical step

For developers:

The time has come for each project to be integrated into the Operandi online business mode in order to generate demand and organize a better online tour of the property through digital platforms. Also note the following points:

While creating a 360-degree virtual tour involves a professional photographer taking photos and videos of the property using SLR cameras and drones and then executing them through advanced sewing software, they can easily be created by a realtor or agent who has a high quality moving Camera used

The advent and popularity of online messaging portals also allows you to share these tours on social media and use personal messaging apps like FaceTime and WhatsApp, apps that are very popular in India and that technology has greater potential lend for future use.

How do you secure your Home with Home Insurance?

What is home insurance?

Household contents insurance is an insurance cover for a residential unit that financially protects the physical structure of the house and belongings against any physical damage caused by unforeseen events, including natural disasters such as earthquakes, floods, hurricanes, etc .; as well as man-made disasters such as fires, robberies, accidents, riots, terrorist activities, etc.

However, it should be noted that some exclusions apply to home insurance, such as: B. the loss of cash stored in the house, damage from war or foreign invasions and destruction from volcanic eruptions.

What can be covered in household insurance?

The basic structure of the house and the belongings are covered by household insurance.

Structure: The basic structure of the house is adopted by all insurance providers who offer household insurance. This includes interior walls, exterior and composite walls, ceilings, floors, electrical cables and plumbing systems.

Ownership: Some insurance companies also offer insurance cover for the belongings of the home. This includes furniture and furnishings, household appliances, electronics, jewelry and precious stones, decorative items, artifacts, etc. For this cover, an additional premium applies to the basic premium, depending on the declared value of these assets.

Additional structures: Insurers also offer coverage for additional structures that are attached to the house, such as garage, backyard, swimming pool, garden, pump house, etc. This coverage varies from company to company. Some insurers may consider these structures below the basic structure while others may consider them in addition.

Why should you take out home insurance?

Anyone who owns their own home should take out household insurance for financial security in the event of unforeseen events, be it the owner (landlord) or the tenant.

It is a common misconception that only homeowners can get home insurance. Household contents insurance is beneficial for both the owner and the tenant. While the landlord can only cover the structure of the house, the tenant can cover all belongings in the house that belong to him and not the owner.

How is the contents insurance coverage calculated?

To calculate the sum insured for a particular home, companies take into account the total built-up area of ​​the home and the cost of construction in that area.

Sum insured = total building area of ​​the house in square meters. X construction costs per square meter.

For example, consider 1,000 square feet. House in a metropolis where the cost to build is around 2,000 rupees per square foot. In this case, the sum insured is 1,000 x 2,000 = Rs 20 lacs. This costs Rs 2,000 per square foot. it can vary from company to company and depending on where it is located across the country. It can be higher in metropolitan areas and comparatively lower in tier 2 and 3 cities.

For goods, the sum insured is calculated based on the current replacement value of the product after deducting depreciation in accordance with the company's terms and conditions.

Owning home insurance

The contents insurance can be taken out for a maximum of 30 years for the building fabric and up to 5 years for the contents insurance. Again, this persistence varies from company to company.

Additional and optional contents insurance benefits

While home insurance can cover the basic structure and belongings of the house, there are some optional covers (also called drivers) that are offered by insurance companies for an additional premium.

Temporary Resettlement Insurance: With this option, the company pays a certain amount to cover temporary relocation costs (such as rent for alternative accommodation, logistics costs, etc.) in the event of damage to the insured home until the damage is repaired

Rent loss protection: In the event of damage to a property, it is not suitable for anyone. If the house is rented to someone else, this is a loss of income for the owner. With this coverage, the insurance pays the homeowner the lost rent up to a certain amount if the house is rented out.

Dog insurance cover: Covers house dog (s) in the household against death due to accident or illness. This is subject to various conditions of the insurance companies.

Key and lock replacement cover: In this case, the company bears the costs of replacing the lock or making copies of keys for the house and vehicle in the event that keys are lost or the house / vehicle is broken into. In addition, companies can reimburse rental car costs if it takes longer than 24 hours to obtain replacement keys for the vehicle.

Ambulance insurance: covers the cost of transporting an injured person to hospital by ambulance in the event of an accident or accident at the property's location.

ATM Theft Protection: According to this clause, in the event of theft, the company pays the person within 15 minutes of withdrawing cash from the ATM. The amount withdrawn (up to a certain limit) and medical costs incurred for the treatment of physical injuries (if any) during the theft will be reimbursed.

How India Searched Homes in 2020: A ground report of west India

With the gradual easing of the coronavirus lockdown, strategically important cities in the West Indies, including Mumbai, Pune and Ahmedabad, have emerged as the most sought-after locations to buy a house in the West Indies in 2020, among other places. .

The availability of strong citizen services and a variety of social and retail options, as well as extensive employment opportunities in and around Mumbai, Pune and Ahmedabad, were seen as the main driver of this surge in searches.

Here are some of the home search trends observed by Magicbricks research in 2020:

Ahmedabad leads the way

Ahmedabad topped the list of the most popular places in India due to the availability of affordable housing units; Development of social services and road infrastructure; and a growing presence of banking, financial services and insurance (BFSI), information technology and industrial companies in and around the Ahmedabad-Gandhinagar-Sanand belt.

The cities of South Bopal, SG Highway and Satellite in western Ahmedabad have emerged as the top performing cities in the city in 2020.

Mira-Bhayandar is preferred because of its affordability and connectivity

Located on the outskirts of the city of Mumbai, the Mira-Bhayandar area has been one of the most sought after locations to buy a home in the MMR in 2020.

The proximity and easy access to the main work centers in West and South Mumbai, together with good public services and public transport infrastructures, were the main reasons for the increasing preference for Mira Road and Bhayandar.

Infrastructure improvements increase the demand for Navi Mumbai

Navi Mumbai saw an increase in home demand in 2020, driven by a number of planned and ongoing infrastructure projects, including the Navi Mumbai International Airport, Navi Mumbai Metro Rail and the new Vashi Creek Bridge.

In addition, Navi Mumbai, which took third place in the Swachh Bharat ranking in 2020, also influenced the increase in housing demand in Navi Mumbai with increasing dynamics in the areas of health, hygiene and safety.

Kharghar was one of the most sought after locations within the MMR by buyers in 2020.

IT centers are driving demand in Pune and Mumbai

As one of the leading IT hubs in India, the demand for residential property in Pune has been seen as directly proportional to the growth of the IT sector. With the information technology sector one of the fastest to recover from the aftermath of the COVID pandemic, Pune was in high demand among home buyers in 2020.

Places surrounded by IT clusters including Wakad, Baner and Ravet were the top three most searched places in Pune in 2020.

Similarly, Andheri West, the city surrounded by large IT / ITeS and shopping malls, had the most searches in Mumbai.

Medium-sized multi-story apartments are the most sought after in MMR

Since in most MMR only vertical development is possible, it has been observed that 90% of those looking for accommodation preferred multi-storey apartments; compared to 60% in South India and 57% across the country.

In terms of facility, more than 40% of buyers on MMR searched for 1BHK. In addition, about half of the people in Thane and Navi Mumbai were looking for apartments under 750 square feet.

Unveiling the Future of Rental Housing in India

The proportion of India's urban population has tripled in just over a century. It has increased from around 10% in the 1900s to current levels to more than 34% in 2020-21. It is also interesting that in around 40 large cities in India with more than one million inhabitants, around 50% of the population lives in the 15- to 44-year-old age group. This explains an important reason for the increase in settlements or central urban centers in correlation with the income attraction and growth aspirations in India.

Given the current pandemic situation in which migrants from these key cities have suffered the most, the Government of India has taken a bold step by adopting the 2020 Affordable Housing Rental Complex (ARHC) policy as a major step forward for the urban migrants and the poor introduces. The objective of this policy in question is to promote economic activities even under such pandemic conditions and to prepare for the future by elevating slums or informal settlements to a modern and dignified life.

Another interesting fact for adopting this policy is the rise in home ownership costs in India, which has increased more than ten times over the past decade (almost four to six times in Level II and around 9 to 11 times in Level I). / Metropolises). ). Hence, changing demand for rental housing is more than just buying it. The obstacle, however, was the collection of high quality rents that remained stranded for most of India's urban population.

India, with its rapidly growing economy, is grappling with an unsolved housing supply problem for the urban poor. In the last 15 years the government has launched several initiatives to solve this problem, such as JNNURM in 2005-2014 (The National Mission of Urban Renewal Jawaharlal Nehru) with elements BSUP (Basic Services for the Urban Poor), UIDSSMT (The Sub-Mission for Urban Infrastructure Development Plan for Small and Medium Cities), IHSDP (The Sub-Mission for the Integrated Housing and Slum Development Program) and AMRUT (Atal Mission for Urban Rejuvenation and Transformation). In 2015 the government started another flagship mission called PMAY (Pradhan Mantri Awas Yojana) and, together with this government, paved the way for apartment rental by introducing the National Policy for Urban Rental Housing (NURHP) in the same year.

The growth-minded government is continuing its successful policies and implementing them locally in most parts of the country. Model tenancy law (MTA). This law clarifies the specific relationship between landlords and tenants when establishing a rental supervisory authority and the upper limit of the deposit.

In July of this year, the operational guidelines for the ARHCs were drawn up, with two specific models being implemented; Model 1 is used to convert vacant government funded housing / land into an ARHC model through a concession agreement for approximately 25 years. Model 2 is another interesting solution where public and private entities can create ARHCs on their own vacant lot and benefit from an additional FAR (Floor Area Ratio) benefit of 50%.

Based on the Atma Nirbhar Bharat Vision (Self - Reliant India), further important features of the guidelines are to focus on the segments EWG (Economic Weaker Group) and LIG (Low Income Group), which are active in the areas of construction, manufacturing, Hospitality, health care, etc. With these new rental apartments, the ecosystem will enable and promote the culture of going to work, especially for the migrant workers.

The ARHC rents in the initial phase are set by the local government authorities for the 3 types of housing units (DU); Two bedroom units up to 60 square meters. with living room, kitchen, toilet and bathroom (with a load limit of 33% to limit abuse of the regulation), single rooms up to 30 sqm. the area and bedroom bed of up to 10 square meters. (4-6 beds per unit). By analyzing the patterns with the local reality, the success of the ARHCs basically depends on the payment factor of the premium in model 1 and model 2 is viable in urban locations if the land has been acquired by historical or public value (the government and its companies are owned by) as it is difficult it can be difficult in large cities where the cost of land is more than INR 5-6 million per acre.

To sum up, the current ARHC policy is in its nascent stage with upside potential as seen in some of the mature rental housing markets like Singapore, Germany, UK, Hong Kong etc where you can learn about some more concepts and envision how the 99-year leasing models. (although it already exists in NOIDA, Greater NOIDA, Pune, etc.), large and communal private ownership of the properties with the largest ownership and distribution of real estate, REIT (Real Estate Investment Trust) apartments, as you have already seen positive sentiment in REITs in India (but effective tax measures to be in a place like negative leverage in Australia), proposals for co-ho housing (co-ownership) to mitigate risk, use of centrally sponsored savings funds to buy or lease the rental houses to sublet under the ARHC.

Finally, several other programs like co-living, senior housing are also part of the rental housing in India but they only focus on the specific group of Millennials or the elderly population, however the ARHCs focus more on a low income group that it is about a viable option for all layers of the population matrix.

PCMC Real Estate - Success by Design

Pimpri-Chinchwad Municipal Corporation (or PCMC) doesn't need an introduction - this infrastructure-focused region is one of the best-planned and carefully executed real estate regions in the country. Recipient of various national and global awards and accolades for superior urban planning, PCMC is a trendsetter among the real estate markets in India. Formerly known only as an industrial region in the shadow of Pune, PCMC is now home to very prominent real estate markets such as Moshi, Ravet, Punawale, Pradhikaran, Spine Road, Pimple Gurav, Pimple Nilakh, Talawade and Wakad Others.

With its constant focus on superior urban planning and sustainability, PCMC is no longer just Pune's sister city, but has its own identity and is now considered the perfect alternative to the overcrowded and infrastructurally underserved places of the Pune Municipal Corporation. PCMC was founded with the aim of relieving the mother city of Pune. Over the years, it has not only achieved this, but has become a superior alternative for home buyers in many ways.

PCMC power supplies as access points for investments

PCMC has seen significant real estate growth over the years, both in terms of supply and demand. Its main advantage is excellent infrastructure with wide roads, easy access to other key areas, a highly developed transport network, a wide mix of job opportunities, and modern housing and communal ownership. All of this in the midst of a natural and serene environment for a stress-free lifestyle. Not surprisingly, PCMC has become a major employment hub.

"When companies try to find a state to set up a new business or factory, they look at a number of factors including tax structure, employment base, infrastructure, education system, etc." This quote from Ronnie Musgrove, governor of the US state of Mississippi from 2000 to 2004, illustrates the philosophy behind the rise of the PCMC.

Its unerring focus on civic and social infrastructure and the general empowerment of its citizens have made it the best place to live and work in Maharashtra. As a result, PCMC has attracted some of the largest global companies. As a destination for real estate investors, PCMC is unique.

Many locations within PCMC have seen particularly strong real estate growth in recent years. These areas are home to hundreds of thousands of manufacturing and InfoTech employees and have seen the largest increases in property prices. For example, Moshi saw average house prices grow nearly 20% between 2013 and 2020, from INR 4,150 per square foot in 2013 to 5,000 square feet in 2020. Similarly, Ravet and Punawale saw prices rise 18% and 20%, respectively . respectively.

One of the most important factors determining the property potential of these areas is the relatively cheap property prices. Current average prices here range from INR 5,000 - INR 5,800 per square foot. In contrast, the nearby Baner, Kondhwa, and Bavdhan areas have prices between INR 6,600 and INR 7,300 per square foot. This also suggests that PCMC areas have greater scope for future growth.


Optimal conditions for real estate investments


PCMC has seen rapid real estate development over the past seven years, especially in the affordable and middle income segments. Brand developers have also launched many large-scale municipal projects with state-of-the-art equipment. Up to 92,000 residential units were put into operation in the PCMC region between 2013 and today. Of these, 92% were priced at Rs. 80 lakh and come in a variety of sizes and configurations.

The COVID-19 pandemic has certainly wreaked havoc across all industries, but it couldn't be a better time for real estate investors seeking PCMC. Builders have cut prices to keep pace with demand, but Indians' renewed appetite for home ownership will eventually drive prices north. Right now, however, property prices at PCMC remain relatively low, and developers are handing out lots of great deals and even deep discounts to serious buyers.

Additionally, rental demand has increased significantly at some of the prominent locations in the PCMC region after the pandemic lockdowns fell. PCMC has captured much of the housing demand leaving the congested Pune metropolitan area due to new work from home (WFH) opportunities. Countless residents of Pune and its nearest suburbs are looking for cleaner, greener areas with safe and quick access to schools, hospitals and daily shopping. That's why the PCMC's leading integrated churches are high on your wish list.

In areas like Punawale, Moshi and Ravet, rental demand has exploded in the communities. The buffer effect of the first months of the pandemic has given way to stable rents and the vacancy rate is falling rapidly. For real estate investors who want to generate stable rental income, the timing is optimal.

Many recent reports from various real estate consultants confirm that people who would rather buy than rent are now more interested in ready-to-move apartments or apartments in projects that are nearing completion. PCMC is the perfect destination for you: Over 43% of the apartments opened in the last 7 years are ready to move into. Another 20% will be completed in 12 months or less.

Constant focus on infrastructure

Apart from all these positive market drivers, the infrastructure, PCMC's biggest unique selling point, is still very well on track. The Pimpri-Chinchwad New Town Development Authority (PCNTDA) has decided to offer the PCMC a first-class infrastructure. The running metro, which PCMC will continue to connect with the Pune metropolitan area, will fundamentally change the region.

Parallel to the MMR region Navi Mumbai, PCMC clearly reflects how a satellite city can outperform the mother city in terms of lifestyle quotient and investment potential. PCMC remains what it should be: a carefully planned real estate destination that creates its own economic growth and where all three real estate segments (commercial, retail and residential) work symbiotically together to create a successful proposition.

PMAY Status: How to Check Pradhan Mantri Awas Yojana Application Status

For many Indians, buying a new home is a priority and an urgent need. To make this possible, it was started on June 17th, 2015 by Pradhan Mantri Awas Yojana. "Housing for All" is the mission of this plan, and that is what it is looking for. Consider the services that this policy offers for different income brackets.

Since its inception, PMAY has changed the dynamics of the real estate market by significantly reducing the cost of buying a home for the urban poor. Once you have applied for the plan, you can follow the status of your application on the official PMAY website

An aspiring home owner can take advantage of the mortgage loan to build, purchase, repair / remodel, or add to the existing home. The benefits of the plan are classified by PMAY according to the applicant's economic background, namely the economically weaker section plan (EWS), the lower income group plan (LIG), the middle income group I plan (MIG-I) and the middle income Plan Group II Scheme (MIG-II).

EWS category recipients are qualified for Central Assistance in all four industries, while LIG (Lower Income Group) / MIG (Middle Income Group) category only qualifies under the CLSS section of this PMAY plan. Households of the economically weakest group (EWS) with an annual income of up to Rs 3 lakh may be eligible for the program. If the beneficiary is from the LIG (Low Income Group), they must have an annual income of between 3 and 6 lakhs.

An annual household income between Rs 6 and Rs 12 lakh will be classified as MIG and loan interest subsidies up to Rs 9 lakh will be available for the purchase of the property. If the annual income of the person in the household is between Rs 12-18 lakhs, he / she will be included in the Middle Income Group (MIG) 2 of the system and will receive an interest subsidy of up to Rs 12 lakhs on their mortgage loan.

How to Check PMAY Application Status in the CLSS tracker

Go to


Enter your App ID on the left side of the website and click "Get Status".

You will receive the OTP at your registered number. Enter the OTP.

This will display all phases of the recipient's broadcast to the program. While completed phases are displayed in green, phases that are still in progress are displayed in blue.

How to Track PMAY UCLAP Scholarship Status

You can visit the CLSS Awas website to view the PMAY UCLAP scholarship status. You do not need to go to the banks to find out the status of your application. The status of PMAY UCLAP funding is subject to five measures, such as PLI.


To track your application, you can also use toll-free numbers to call the National Housing Bank (NHB) or Housing and Urban Development Corporation (HUDCO). The numbers are as shown below:

HUDCO- 1800-11-6163

NHB -1800-11-3388, -1800-11-3377

Pradhan Mantri Awas Yojana Benefits for EWS, LIG, MIG I & II

PMAY is an Indian government initiative to provide affordable housing for all. In 2015, the plan was developed with the aim of providing housing to around 20 million people by 2022. Between 2015 and 2022 “Housing for All” is to be introduced in order to provide indispensable support to state and UT authorities in the provision of housing for all. Eligible families / beneficiaries until 2022.

The mission of the Centralized Sponsorship Plan (CSS) is used with the exception of the loan-linked subsidy component, which is applied as the Central Sector Plan. The states and territories of the Union, at their own discretion, determine the time by which the beneficiaries must reside in the home to be eligible for the plan. The project and all of its components started in June 2015 and will provide housing subsidies until March 2022. The project will carry out construction work with safe and environmentally friendly technology.

Benefits of Pradhan Mantri Awas Yojana

The benefits of the Pradhan Mantri Awas Yojana program are classified by PMAY based on the applicant's economic background:

Scheme of the economically weakest section (EWS)

Lower Income Group Regulation (LIG)

Middle Income Group I (MIG-I) regime

Scheme of the middle income group-II (MIG-II)

Pradhan Mantri Awas Yojana Benefits for EWS

A maximum grant of Rs 2.2 lakhs will be given to the economically weaker part of the loan that was available as of June 16, 2015. Later, in January 2017, this amount was revised to Rs 2.67 lakhs.

Eligibility criteria

Annual household income up to Rs 3 lakh

Female ownership of the borrower's property or joint ownership with his or her wife

The condition does not apply to the construction / expansion / renovation of existing Kutcha / Semi-Pucca houses.

You are not allowed to own a Pacca house anywhere in India on behalf of the recipient or other family members.

Pradhan Mantri Awas Yojana benefits for LIG

A homebuyer in the LIG (Lower Income Group) section also receives the same grant of Rs 2.67 lakh. However, the size of the property's carpeted area will vary. Under the LIG category, a homebuyer can build or buy a 60 square meter residential unit.

Eligibility criteria

Annual household income up to Rs 6 lakh

Female ownership of the borrower's property or joint ownership with his or her wife

The condition does not apply to the construction / expansion / renovation of existing Kutcha / Semi-Pucca houses.

You are not allowed to own a Pucca house anywhere in India on behalf of the recipient or other family members.

Pradhan Mantri Awas Yojana Benefits for MIG-I

Eligibility below Middle Income Group I (MIG-I) is based on the 2011 census. In this category, an interest subsidy of 4% can be received if the beneficiary's household income is between 6 lakh and 12 lakh rupees per year. However, the woman's property is not considered mandatory.

Eligibility criteria

Annual household income up to Rs 6 lakh - Rs 12 lakh

A husband, wife, unmarried children and / or unmarried daughters can be part of a beneficiary family.

Any family member with income can discretely receive an allowance

The individual or collective property can be used by a married couple.

You are not allowed to own a Pacca house anywhere in India on behalf of the recipient or other family members.

PMAY benefits for middle income group II (MIG-II)

A maximum of Rs 2.3 lakh is awarded to the beneficiary whose household income is between Rs 12 lakh and Rs 18 lakh. In this category, the mortgage loan subsidy rate is 3% and female ownership is not mandatory.

Eligibility criteria

Annual household income up to Rs 6 lakh - Rs 12 lakh

A husband, wife, unmarried children and / or unmarried daughters can be part of a beneficiary family.

Any family member with income can discretely receive an allowance

The individual or collective property can be used by a married couple.

You are not allowed to own a Pacca house anywhere in India on behalf of the recipient or other family members.

How India Searched Homes in 2020: Top Localities in East India

During the COVID pandemic and subsequent lockdown, East India also saw a gradual return of homebuyers to the market. Lower prices amid a slump in the housing market for most of the year, people realizing the importance of home ownership in uncertain times, and various offers from property developers to boost sales weighed on positive buyer sentiment in the eastern market. Part of India in 2020.

In addition, Kolkata and its neighboring cities saw high demand for housing in the eastern region thanks to the development of infrastructure, good urban facilities and public transport, and improved employment opportunities.

Here are the top 3 East India locations preferred by apartment hunters in 2020:

1. Rajarhat

Due to the availability of luxury skyscrapers, retail stores, and a variety of recreational and social services, the city of Rajarhat has been the first preference of home buyers in Calcutta.

In addition, the proximity to Netaji Subhash Chandra Bose International Airport and the underground line 6, which is under construction, supported this growth in demand in Rajarhat.

2. New city

Located on the eastern edge of the city of Kolkata, the city of New Town was one of the fastest growing suburbs in Kolkata. With several IT / ITeS parks and close proximity to Salt Lakes' most important IT and business center, New Town was one of the most sought-after residential areas in Calcutta.

In addition, the good road and rail links to all other areas in and around Kolkata, together with the extensive vegetation around the city, was a major factor in the increase in apartment searches in the city of New Town in 2020.

3. EM bypass

The Eastern Metropolitan Bypass (EM Bypass), one of the most important and busiest highways in Kolkata, saw an increasing demand for housing in 2020. Driven by the fast connection between north and south of Kolkata, including New Town and Salt Lake's major malls, residential developments along the EM Bypass were one of the fastest growing in 2020.

Level II emerging economies deserve preference

In addition to the commercially important Kolkata, Tier II locations in East India were also preferred by home buyers in 2020. The search for emerging locations like Siliguri and Bardhman in West Bengal doubled in 2020 compared to 2019.

About 100 km from the major cities of Kolkata, Durgapur and Asansol and easily accessible via the Grand Trunk Road and the Durgapur Expressway, the city of Bardhaman has become one of the 15 emerging cities in India.

Additionally, numerous tourist attractions in and around Siliguri, including Darjeeling and Bagdogra among others, helped drive demand for housing in Siliguri in 2020.

Also, you can read here to find out more about the Kolkata property market in the quarter and year ending in December 2020.

How India Searched Homes in 2020: South Zone

When the COVID-19 pandemic hit the southern Indian cities of Hyderabad and Chennai and later Bengaluru earlier this year, the southern cities saw a change in configuration and area preferences and service requirements for most potential buyers.

While Bengaluru became the third most sought-after property market in India, Hyderabad and Chennai also rank fifth and sixth when searching outside the top cities in India. Growing interest in home buying was also reflected in emerging cities such as Vijayawada, Mysuru and Tirupati doubling their search for buyers in 2020.

According to Buyolp's research, some notable trends were observed as buyers searched for homes in South India in 2020:

While Hyderabad and Chennai were looking for affordability, Bengaluru was looking for mid-range homes

While the demand for affordable housing in Hyderabad and Chennai with approximately 2 out of 5 buyers looking for a property under INR 50 lakh, searches in this lowest price bracket were in Bengaluru with only 20% of buyers looking for these properties.

In Bengaluru most searches (approx. 40%) were made for properties in the price range from INR 50 lakh to INR 1 crore.

Bangalore is looking for larger houses while the rest of South India is looking for medium sized houses

Buyolp Research has shown that searches for mid-size homes in South India are high, with almost every second potential buyer looking for a decent 2BHK setup in Chennai and Hyderabad. But Bengaluru as the IT capital of the country is also showing increasing interest in larger houses. With every fifth home hunter asking for the largest configuration of "4BHK and above", the demand share for such a large property was only lower than the demand for similar configurations in Delhi-NCR. Interestingly, the demand for the smaller 1BHKs in Bengaluru and Hyderabad was only 4% and 5% respectively in 2020.

In terms of area, about 1 in 4 potential buyers asked about properties in a narrow 1,000 to 1,250 square foot area in Bengaluru, the tallest among Indian cities, showing a clear preference for medium-sized homes in the south Indian city.

Look for single family homes and land, especially in Chennai

Independent home obsession appeared to be a permanent trend in South India with over 40% of buyers looking for independent home / land. Interestingly, there is a marked difference between the type and size of home buyers preferred in different cities in South India, with 57% of Chennai buyers preferring single family homes or land. Chennai also reported the lowest number of searches for multi-story apartments with only 32% of searches for this segment, which was the lowest in India.

Other cities in South India, such as Bengaluru and Hyderabad, also reported a demand of ~ 50% for single family homes / land.

Increased number of searches for semi-furnished properties in Bangalore

Although 83% of the Indian population wanted to rent semi-furnished or unfurnished properties, the proportion of people who wanted to rent a "semi-furnished" property was highest in Bengaluru, with every ~ 3 in 4 buyers wanting to rent a "semi-furnished" apartment. furnished 'property. Partly furnished.

Interestingly, the demand for this type of property in Chennai and Hyderabad was much lower at ~ 50%.

Look for meditation centers and Vaastu-compliant houses high up in southern cities

The outbreak of the pandemic (COVID-19) has left many young workers experiencing anxiety and depression. That the need for a relaxed and meditative lifestyle is high among millennials and youth is reflected in the fact that the job-creating southern cities of Bengaluru, Hyderabad and Chennai stayed at the forefront of Indian cities in their search for meditation centers after the COVID outbreak.

Additionally, the search for meeting rooms and internet services across India has become one of the top post-COVID factors, with 20% of home buyers looking for these facilities when buying a home. In 2020, Bengaluru also saw an increase in searches for Vaastu compliant homes, reflecting a shift in end-user preferences.

Whitefield emerged as the top homebuyer favorite in India; also leads the rental preference

In 2020, Whitefield in Bengaluru has emerged as the most sought after location in terms of home buying preference in India. It was also the most desirable location in South India in terms of rental preference. In Bengaluru, Sarjapur Road and Kanakapura Road followed for house purchases and Sarjapur Road and Electronic City for rents.

Similarly, Gachibowli and Kondapur were the most popular locations for home and rental buyers in Hyderabad, and Velachery was the most preferred locations (for home and rental buyers) in Chennai, followed by Iyyappanthangal and Mylapore for home buying and Vadapalani and Sholinganallur for rent .

Buying in small towns versus metros post COVID-19

The COVID-19 pandemic was the biggest unexpected event for most of us and it brought about unprecedented changes in our lives. The illness itself and the lockdown that followed have been a difficult time with situations such as job insecurity and economic stagnation. Amid it all, there are buyers looking to buy a home in 2020. Many people who work in metropolitan areas have moved to their hometowns during this time and are wondering whether it is a good thing. Idea to buy a house. in their countries of origin or cities of level II.

Is it wise to consider the TIER II city to buy a home?

The COVID-19 situation has been difficult for a significant percentage of the indigenous population as they have had to leave their work cities and return to their hometown. Fortunately, several companies have offered their employees home office options. Working from home has become the new normal around the world and several companies are considering making working from home a permanent option for their employees.

In such a scenario, buyers should consider whether the location they are looking to buy a property in will serve them well in the long run.

Smaller cities have also caught up with the subway for a decent lifestyle. Most TIER II and II cities in India now have one or more shopping malls, while popular school chains such as DPS have expanded to many of these cities. Additionally, the booming economy over the past decade has benefited these cities with growing infrastructure, jobs, and connectivity.

From an investment perspective, property prices in smaller cities should remain stable in the medium term, given the lower prices and the relatively strong supply-demand equation, even in the face of economic uncertainties. You can also check out various projects from state and central governments such as Bharatamala and Economic Corridors that will bring significant prosperity and development to these smaller cities. Cities like Nashik and Solapur, for example, are part of various Bharatmala projects.

Smaller cities also benefit from less pollution and have an air quality index of less than 100 for most of these locations (with the exception of industrial cities with polluting industries nearby). In addition, people want the peace and quiet that accompanies smaller cities compared to the chaos in the subways.

Other factors to consider

Smaller cities may lack top quality health and education facilities

If you are considering buying in a smaller town you should be aware of this as there is a tradeoff in terms of educational and health facilities. India is a growing economy and development is slowly spreading from its big cities to the smallest towns. As a result, most of the country's smaller cities have not yet seen premium schools in metropolitan areas. In addition, there will be a lack of interdisciplinary hospitals that are easy to find in the subways. Elegant shopping centers with all foreign brands and a vibrant nightlife will also be lacking in smaller cities.

Smaller cities have no development by TIER-I developers

The second thing to do is to consider the options for buying property in small towns. Most of the well-known developers don't have a presence in smaller towns, and if you are looking for a trustworthy brand, small town shopping is likely to be difficult. The developments in smaller cities will also not have as many amenities as we are used to from the subway.

Finally, you should be aware that the pace of development in smaller cities is also very slow compared to the subway. Most major cities in India get multiple subway lines to make commuting easier and to watch the roads expand rapidly.

Smaller cities may not be as good at connectivity

If you have to travel frequently and prefer to travel by air, you can check air connections with the small towns and whether the Government of India's "Udaan" (Ude Desh ka Aam Naagrik) scheme applies in those towns. This program aims to make air travel for smaller cities viable and affordable by offering regular flights at low airfares.


Buyers should consider whether their families can adapt to the lifestyles of the smaller towns, as most of the entertainment options in metropolitan areas will be lacking. If your job requires frequent trips to multiple locations, you won't be able to visit the smaller cities either. And if you're not sure about staying in the smaller towns long-term, you can put your shopping plan on hold until something is sorted out.

In short, smaller towns and cities offer real estate at a fraction of the cost while offering a decent standard of living, but at the same time cannot be compared to Tier I cities in terms of infrastructure and employment opportunities.

How India Searched Homes in 2020: Key Home Renting Trends

While the COVID-led lockdown caused Indians to buy their own homes, it was also responsible for changing people's criteria for renting homes. Initially, the entire real estate rental market in India collapsed due to the increased focus on the work from home (WFH) mode and people continued to go to the WFH from their respective places of origin instead of continuing to rent a house close to work.

However, as the lockdown wore off and the country entered an unlock phase, rental transactions have been observed to return to the property market, albeit with some revised search criteria and tenant preferences.

Buyolp's study highlights important trends in 2020 that could be the new normal for renting a home in the future:

1. Top Five Locations: Commercially important areas continued to be people's favorites.

Although the WFH is gaining momentum in 2020, rental properties in areas with large work centers, including IT / ITeS and business clusters, have proven to be popular with the population.

The uncertainty about permanent WFH and the expectation that it might not be sustainable in the long run may have led people to continue looking for an apartment close to where they work.

The top 5 locations that emerged as tenant favorites in 2020 are as follows:

Noida extension, Noida

Whitefield, Bangalore

Andheri West, Mumbai

Sarjapur Road, Bangalore

Saket, New Delhi

3. Price development: Most searches for locations with lower rents

In view of the declining overall economy and the associated decline in people's income levels, there was a visible trend towards cheaper housing in 2020 compared to 2019.

More than 75% of tenants were looking for rental properties under Rs. 25,000 per month across the country. In addition, at Noida Extension, 55% of total rental property searches were for rentals of less than Rs. 10,000 per month.

Nationwide, only 7% of tenants were looking for rental properties above Rs. 50,000 per month. In Mumbai, which has one of India's most expensive properties, more than 30% of searches in 2020 were for properties with rent over Rs. 50,000 per month.

4. Area and configuration: There is strong demand for apartments via 2BHK

Together with the switch to the WFH online mode and all other activities such as school, hobbies, shopping, social get-togethers, etc. there was a greater demand for larger households in 2020.

Searches for 3BHK and more on a rental basis in India increased to 27% of total demand in 2020, up from 22% in 2019. It has been observed that in 2020 around 50% of searchers in Thane chose 1BHK apartments .

Similarly, in India, the maximum rental property searches were made for houses between 500 and 1,250 square feet. On Gurugram, more than 40% of searches in 2020 were for properties over 1,500 square feet.

5. Furniture trends: unfurnished homes very much preferred

As people increasingly choose to decorate and furnish their homes to their liking and tastes, there were fewer buyers of fully furnished rental properties in 2020. Around 83% of tenants were looking for unfurnished or partially furnished properties. Bengaluru had the highest searches for semi-furnished rental properties in India in 2020.

Interestingly, Mumbai got the most searches for furnished properties. More than 25% of tenants in Mumbai chose furnished properties in 2020.

Is Pandemic fueling the sale of bigger configuration condos?

If we had asked people last year if they would prefer a larger home or a smaller compact home at an affordable price with more facilities / amenities, most buyers would have gone for the later option. However, the COVID-19 pandemic has literally reversed that trend.

According to respondents who participated in our latest 3rd edition of the homebuyer opinion poll, larger apartments are in demand again. Especially in cities like Delhi and Mumbai, where most can only afford smaller homes, this shift in preferences is largely due to the fact that the COVID-19 pandemic has led to more space being required in homes, so it's not just a place to go that you come home to sleep is much more than that.

Most buyers are now determined to look for homes that have larger configurations to provide privacy and space for all of the family members who live there. Many respondents also appeared upset that builders were focusing on smaller apartments to meet clients' smaller budgets, rather than building condominiums with space for large or medium-sized families.

"Right now the apartments are not adequately sized, so people stay fine in large apartments that are rented at lower rents."

---- Respondent, opinion poll of homebuyers, 3rd edition

While this crisis has underscored the importance of home ownership, it seems potential buyers are in no rush to pick and choose from the options available in the market. As people realize the importance of bigger homes, they also prepare to take out more credit (or risk) so that this unique investment pays off.

Contrary to popular belief by experts,  PropIndex also reflected increased demand for 3BHK in Delhi NCR and 2BHK in the Mumbai area from July to September 2020, which is evidence that people living in their compact homes (with less Space) stuck, and privacy) suddenly they were looking for new and better options, and the buyer who was looking for real estate before COVID updated their search options to a higher setting. The concept of home work is one of the main drivers of this change.

Increased demand for 3BHK in Delhi NCR

While the pandemic has increased demand for 3BHK in major metropolitan areas in India, the proportion of demand in NCR cities has exceeded all other setups. According to  PropIndex from July to September 2020, the 3BHK share of the total housing demand for Gurgaon, NOIDA and Greater NOIDA is more than half. While the share in Gurgaon is 53%, it is 52% in Noida-Greater NOIDA and 46% in New Delhi (3BHK demand share).

Mumbaikars moves away from the exclusive 1BHK lawsuit

As residents spend more time at home with their family members, the need for privacy has increased the demand for larger homes. While many in cities with expensive real estate like Mumbai and the surrounding area have opted for modified furniture to create partitions in small houses, many potential buyers have updated their requirement to opt for previously desired 2BHK homes instead of 1BHK homes.

PropIndex July-September 2020 suggests that demand for new 1 BHK has decreased from 44% in the first quarter of 2020 to 37% in the second quarter and to 36% in the third quarter for Mumbai from 50% in the first quarter of 2020 to 46th quarter % in the second quarter and 42% in the third quarter of 2020 for Navi Mumbai and from 53% in the first quarter of 2020 to 52% in the second quarter and 40% in the third quarter for Thane.

This trend is also supported by increased demand for 2BHK after the COVID-19 pandemic, which exceeded the share of demand for 1 BHK in cities like Mumbai, Navi Mumbai and Thane in the July-September quarter.

Other cities are also showing an increase

Demand for 3BHK in newer metropolitan areas like Bengaluru, Ahmedabad, Pune and Kolkata has also increased in the last six months of the pandemic. While the demand share of 3BHK in Bengaluru rose from 41% to 45% in Bengaluru, the demand share in Ahmedabad rose from 32% to 36%. In Pune and Kolkata, demand for 3BHK increased from 21% to 26% and from 31% to 38%, respectively, in the past 6 months.

Since buyers are looking for a larger number of larger / safer spaces and better equipment (including large open spaces and co-working spaces) in ready-to-move properties, at the same time they are looking for good and attractive offers, discounts and flexible payment plans and holiday deals: The trend is also increasing Demand for profitable luxury residences is catching up.

While individuals (potential buyers) plan to rely more on the work-from-home (WFH) model, most employees and business owners are also opening up to buying larger homes (real estate) in remote areas in most cities, which opportunities for many builders to concentrate on such projects in the future.

Why to invest in property in Dholera?

Gujarat has seen immense innovations in various sectors, from real estate, education, tourism, marketing, etc. The expansion is well supported by good governance in the supply of electricity, water, road infrastructure and a healthy hygienic environment that gives a boost to real estate activities in the state has given. One such promising area is Dholera, Gujarat, which guarantees all modern conveniences, hygienic and intelligent living and working conditions and, above all, a profitable investment for the future.

Dholera covers an area of ​​around 920 square kilometers with 22 villages belonging to Dholera Taluka in the Ahmedabad district. Of the total area, around 567.39 square kilometers can be built on. It is the first special investment region in India ("SIR"), after which the SIR law was passed in the state of Gujarat.

Main demand factors for Dholera:

Some key factors that have helped Dholera develop into an economically and socially balanced New Age city even in times of the pandemic are:

Dholera is one of the first planned smart city projects in the state of Gujarat

It is a joint project of the Gujarat state government and the central government.

It will develop 2 times the size of Delhi and 6 times the size of Shanghai.

For Phase 1, the government has already received initial funding of INR 3 billion, which will help attract FDI and private investors.

The total spending of Dholera SIR is 57 billion INR.

Rs 7 billion INR. It was assigned to the Dholera High Speed ​​Metro Rail Network

Connectivity from the international airport, the subway of the seaport and the motorway

International structural planning and management

A promising global manufacturing and trading hub between Delhi and Mumbai

Small Investment Ticket Size - Affordable land cost compared to other developed or developing locations

High performance with no volatility, no delays in construction and maintenance

Offers investors flexibility with low property taxes

Transparent award process with clear guidelines and laws

Clear title project: enables registration and possession of a direct sale certificate

Dholera connectivity:

Dholera is well connected to major cities such as Ahmedabad, Vadodara, Bhavnagar and Mumbai via National Highway 8.

Well connected to Gujarat International Financial Tec-City (GIFT) via the Mumbai-Ahmedabad-Vadodara Expressway.

The dedicated metro line connecting Dholera with Ahmedabad will run parallel to the highway with seven metro stations in between

A greenfield airport is to be built near Navagam in the Dholera taluka district of Ahmedabad. It will be 80 km from Ahmedabad and about 20 km from Dholera.

Infrastructure advantage:

It is strategically located between the industrial cities of Baroda, Ahmedabad, Rajkot and Bhavnagar. Dholera SIR is expected to have its own self-sufficient ecosystem. It will consist of economic drivers through industrialization, supply infrastructure and logistics. Social infrastructures such as health, education and other public services are included.

Other important infrastructures that support the project are:

Close to petrochemicals and petroleum inv. Region (PCPIR)

Near Gujarat International Finance TechCity (GIFT)

It is logistically supported by the Dedicated Freight Corridor - Delhi Mumbai Industrial Corridor (DMIC).

Upcoming developments:

The Ahmedabad to Dholera Rapid Metro transportation system is expected to be completed in 2023 and expanded to Bhavanagar in the near future.

The planned infrastructure expansion near the Ahmedabad Dholera Expressway is expected to be completed by 2030.

The main subsectors identified are: Defense, Aerospace, Electronics, Emerging High Tech Technologies, Heavy Machinery, Pharmaceuticals and Biotechnology, Automotive and Automotive Additives, General Manufacturing, Agricultural and Food Processing, and Metals and Metallurgical Products.

Current status of the project

Dholera SIR Smart City is being developed in several phases. The first phase is expected to be completed by 2022. The second phase is expected to be completed by 2032 and the third phase by 2042.

After completion of phase 1, an area of ​​around 154 square kilometers is to be developed, this corresponds to Gandhinagar and is larger than the city of Chandigarh. Phase 1 of Dholera is expected to house more than 5 lakhs of the population, including industry, by 2022.

The total area in activation is about 22.5 square kilometers in Urbanismo (TP) 2 and this area within Dholera SIR would be mainly an industrial area. It is expected to be operational by 2022. Therefore, Dholera Smart City (activation area) is expected to be operational from 2023.

Although the project has been running since 2009, several sanctions have already been implemented after the SIR law came into force, such as:

Master planning

Separate authority

Welfare society

Development plan sanctioned

Environmental permit from the Ministry of the Environment

Construction technology on site

Several orders for roads, service roads and administration buildings have already been awarded.

L&T is already working in Dholera Smart City with a budget allocation of Rs 1734 crore

Cube Construction Engineering Ltd. received INR 72.31 million for the construction of the ABCD Dholera SIR building

Best locations to buy plot/land in Ahmedabad

Ahmedabad is the largest city in Gujarat and is growing rapidly in terms of infrastructure, economy and social presence. Progressive policies and political changes in the city affect the development of the city.

Ahmedabad has already established itself as a growing IT / ITeS destination and is also known for its well-established parcel brokers for private and business customers.

This city offers an abundance of jobs, business opportunities, educational institutions and growth prospects for all types of people.

What are urban corridors?

Corridors are specially designed places to facilitate transportation. These are designed around the public transport networks and offer the perfect balance between quality of life and commuting. Corridors support sustainable urban planning and make optimal use of the available space in busy cities.

Most of the cities in the country have established urban corridors these days, and Ahmedabad is no different.

If you are looking to buy land / land in Ahmedabad then choosing land with some of the established Ahmedabad brokers is a wise choice. Check the options below.

Ahmedabad IT corridor

The Ahmedabad Information Technology Corridor is located in West Ahmedabad and has 15 main locations where you can purchase land or land for residential or commercial use. The corridor is on National Highway 147, which is 46 km long. The NH 147 connects Ahmedabad and Gandhi Nagar.

Why Choose Ahmedabad IT Corridor?

Close to educational institutions such as Gujarat University and Gujarat College of Arts and Commerce.

Close to IT centers such as Navratna Corporate Park, Aaryans Corporate Park and Khartaj Industrial Area.

Some of the most popular Ahmedabad IT Corridor projects to check out are:

Forest with a project area of ​​130 hectares

Residence Suramya with a project area of ​​254 hectares

Gala Goldcrest with a project area of ​​11 hectares

Dholera SIR corridor, Ahmedabad

The Dholera SIR Corridor is located about 100 km southwest of Ahmedabad and is a greenfield industrial city. Dholera Taluk consists of about 22 villages that are larger than the city of Ahmedabad itself.

The Dholera SIR corridor is connected to Ahmedabad by a 6-lane highway and the MRTS.

Why choose the Dholera SIR broker?

An international airport is to be built in the area.

The Dholera Special Investments Region (DSIR) is one of the country's rapidly growing industrial centers.

Next expansion of the Ahmedabad-Dholera Expressway.

The presence of several technology companies, pharmaceutical and mechanical engineering, agriculture, metal and automotive industries in the Dholera region.

Dholera will soon have the largest ultra mega solar solar park in the world.

Some of the most popular projects in the Dholera SIR Corridor to check out are:

70AK Golden City with a project area of ​​30,898 m2

7Oak Platinum with a project area of ​​28,000 square meters

Navkar Greens with a project area of ​​70 hectares

Anyone in Karnataka can now purchase agricultural land

In the state of Karnataka, any Indian citizen or an NRI can bring a non-agricultural land with them. But there are many restrictions attached to buying agricultural land. Prior to 2015, only a farmer from the state of Karnataka with an agricultural background and owner of farmland could buy farmland. A person with no arable land in Karnataka, or if the person's annual income from non-agricultural activities was more than two lakhs per year, was referred to as a non-farmer. Therefore, a non-farmer could not buy agricultural land in Karnataka before 2015.

In 2020, the Karnataka government lifted restrictions on non-farmers on buying and selling agricultural parcels, lifting a rule that has been around for decades. Any Indian resident, institution, business or academic establishment, regardless of annual income from non-agricultural sources, can now buy farmland in Karnataka. Anyone who has a maximum income of 25 lakh per year from non-agricultural sources is legally allowed to purchase agricultural land, regardless of family origin. Previously the income limit was 2 lakh rupees, but was raised to 25 lakh rupees in June 2015.


The authority to transfer ownership of agricultural land to non-farmers rests with the district captain.


Previously, due to the borders in Karnataka, numerous wealthy people had acquired land in neighboring Tamil Nadu and Andhra Pradesh. Several people in Bengaluru own land in Anekal as Tamil Nadu encourages investment in agriculture and is only an hour's drive from the city. Karnataka consists of 98.95 lakh hectares of arable land, 22 lakh hectares of which are uncultivated as most of them belong to families who have abandoned agriculture.

The 79 paragraphs A and B passed in 1974 forced buyers to provide fraudulent information to the tax authorities. Therefore, the government amended Section 63 by increasing the limit on the amount of land a family or individual can buy and removing Sections 79 A, ​​B, and C, which hindered the transfer of agricultural parcels. Farmers can now get more competitive prices for their land as restrictions are lifted and their farming techniques are taken to the next level through better investment and modernization.

The list of essential documents you will need to buy agricultural land in Karnataka are:

Title deed to establish the identity of the seller and the right to sell the property.

Purchase contract, which must contain the selling price, the time of the sale and the expected purchase price.

Receipt of stamp duty payment

Real estate registration documents

Original title deed

Earlier writings

Tax receipt

Two witnesses for the search

Purchase contract to determine the transfer of ownership of the property from the seller to the buyer.

Pfandbrief (EC) / Patta Book

NOC from Tehsildar

Extract from the registration of rights

Extract from the mutation protocol

Survey Logs

Hiss Tippani and Hissa outline sketch



Village plan

Family tree

Any proof of identity, such as Aadhar / Pan Card / Voter ID

Death certificates (if applicable)

Bhiwandi: Biggest Powerloom and Warehouse in India

If Maharashtra is one of the largest state economies in India, contributing a significant portion (13%) to the national gross domestic product (GDP), then Bhiwandi's power loom and storage industry is a big contributor to that achievement.

Located about 25 miles northeast of the city of Mumbai, Bhiwandi has more than 10 lakhs of electric looms that weave more than a third of Indian clothing. Recently, Bhiwandi has also developed into a promising warehouse and logistics center. Large e-commerce companies like Flipkart, Amazon, Snapdeal and other niche providers have their ranking warehouses in Bhiwandi. Have you ever wondered what makes Bhiwandi the largest warehouse and loom in India? A closer look will reveal the enabling factors.


Excellent location in Bhiwandi

Bhiwandi enjoys excellent location advantages. Located at the intersection of National Highway (NH) 848 or the Thane-Bhiwandi Highway and the NH-160 Highway or Mumbai Agra, Bhiwandi is a perfect example of highway development. In addition, the strategic Kalyan-Bhiwandi Road (NH 61) connects the city with Kalyan and Ulhasnagar and the adjacent industrial belts.

In addition to easy road links, Bhiwandi is perfectly connected to the port of Thane, the Jawaharlal Nehru Port Trust (JNPT) and the commercial capital of India, Mumbai. Because Bhiwandi is north of Mumbai, sourcing raw materials and exporting ready-made clothing to developed markets such as Surat, Ahmedabad and the rest of northern India is relatively easy. The connection to the Indian Rail freight train network via the Harbor Link and Central Railways is an important pioneer for the up-and-coming warehouse industry in Bhiwandi. Mumbai International Airport, 50 km away, is also the icing on the cake.

Booming warehouse / logistics industry

Historically, Bhiwandi was an industrial city whose economy revolved around thousands of looms. However, with the advent of online marketplaces, branded apparel, and ultra-fast deliveries, the e-commerce giants wanted logistics hubs in one place that could serve their key markets in a day. Bhiwandi went well with this, as most of the land needed to build logistics centers was Panchayat-owned and either tax-free or tax-free. Although Vashi and Koparkhairane were also close competitors, exorbitant land prices did not make these locations competitive.

Aside from the looms, Bhiwandi had warehouses and galleries, but its old design and poor build quality did not bode well for the multinational giants. This led to a trend towards taking over leased land and building state-of-the-art logistics centers with air-conditioned rooms and professionally managed facilities. After 2010, farmers in nearby areas such as Rahnal, Sonale, Valpada, Narpoli and Dapade in Bhiwandi began leasing their farmland and making attractive returns, at least better than farm income.

The recent announcement by Walmart-owned e-commerce giant Flipkart to open four new warehouses in the Bhiwandi area has further catalyzed the investment landscape and job creation prospects in the area.

Competitive rents and booming real estate from Bhiwandi

There are a number of reasons who have worked for Bhiwandi and affordable commercial rentals are one of them. Located on the outskirts, rents in Bhiwandi have not increased, unlike in the areas closer to the Navi Mumbai region. Commercial rental rates for a large warehouse from 1,000 square feet to 5-10 lakh square feet in the Bhiwandi area range from 20 to 25 rupees per square foot per month.

The presence of numerous looms and a booming logistics industry have also driven the region's residential property quotient.

Investor-friendly industry

The emergence of the logistics and warehouse industry in Bhiwandi has sparked investors' interest in the region. The possibility of expanding the storage industry and good long-term returns attract commercial and residential property developers to invest in the region.

Large real estate groups such as Arihant Group, Squarefeet Group, Laabh Group, Ornate Universal, Sai Balaji Developer and Damji Hari Construction have their projects in the region active and under construction.

In addition, in the regional development plan approved by the Mumbai Metropolitan Region Development Authority (MMRDA), the government of Maharashtra state planned to set up a growth center in Kharbao, Bhiwandi.

This plan will ensure streamlined economic and industrial development of Bhiwandi. It will also improve the physical and social infrastructure such as schools, hospitals, roads, drainage systems and other urban infrastructure in Bhiwandi. If implemented as planned, this project will further improve growth prospects along the entire route.

Challenges in the powerloom industry

Although it is one of the largest loom industrial areas in the world, the loom industries are facing challenges due to the control system for goods and services, lack of technical knowledge, lack of improvement in technical skills, fluctuating prices for yarns, and the introduction of automatic looms. The introduction of robotic machines and advanced looms results in workers becoming unemployed. This is also one of the main reasons for loom factories to close as they pave the way for storage facilities for large trading groups.

In summary, the Bhiwandi loom industry plays an enormous role in the textile and clothing industries of India and Asia. While there are some short-term challenges, active government support and the booming storage industry will keep investor interest in the region intact.

6 Reasons to Invest / Buy Property in Noida

Delhi / NCR has become the fastest growing region in India, offering first class residential apartments / houses and home to the largest shopping complexes with multinational corporations from around the world. With the increase in high paying administrative jobs and endless opportunities offered by both Indian companies and multinational corporations, people from all over the world are moving to Delhi / NCR alone or with their families.

As part of Delhi / NCR, Noida (New Okhla Industrial Development Authority) is a well-planned city in Uttar Pradesh and an up and coming name for high quality residential and commercial projects. If you are planning to invest in Delhi / NCR, Noida is a place to stand out for its great job opportunities, shopping malls, clubs, residential complexes and the perfect connection to the capital.

Here are 6 reasons why you should invest in property in Noida:

1. Affordable: Located in the middle of the green belt, Noida offers an affordable lifestyle when compared to Delhi or Gurgaon. Delhi, the capital of India, is overcrowded and has the most expensive property prices. Another multinational corporate hub and a nearby suburb, Gurgaon is also expensive compared to Noida. Here is the comparison:

2. Perfect Connectivity: As more and more people choose Noida to buy real estate and settle down with their family, the government is making great efforts to improve their connectivity to Delhi, Gurgaon, Ghaziabad, Faridabad and other cities.

The Delhi-Noida direct airline connects Noida with Delhi

The Delhi Metro Blue Line starts in Noida Electronic City and includes stations like Noida Sector 52, Noida City Center, Botanical Garden and Sector 16 within Noida and then goes to key locations like Rajiv Chowk, Rajouri Garden, Janakpuri, Dwarka Mor and finally lands in Dwarka Sector 21.

You can also change from Sector 52 metro station to Sector 51 on the Noida Metro Aqua line.

The Noida Metro Aqua line goes through different sectors of Noida namely 50, 76, 101, 81, NSEZ, 83, 137, 142, 143, 144, 145, 146, 147, 148 and then continues to connect with Greater Noida.

The metro takes you from Noida to Gurgaon and Faridabad in less than 2 hours.

Noida is 20 miles from F1 Buddh International Circuit, 27 miles from Indira Gandhi International Airport, 13 miles from Pari Chowk, 12 miles from Ghaziabad Railway Station and 11 miles from Nizamuddin Railway Station.

3. Work centers: Noida is a business center with various commercial complexes from renowned builders. Many malls like Film City, Sector 62, Sector 15, Sector 16, Sector 125, etc. They host major news outlets, large multinational corporations, startups, and established Indian companies. In addition, Noida has grown to become the largest smartphone manufacturing unit and fourth largest IT-BPO field in India.

Some of the largest multinationals in Noida are Adobe Systems India Pvt. Ltd., EXL Service Holdings Inc., Denso India Pvt. Ltd., Rockwell Automation India Ltd., Infogain India Pvt. Limited.

The main IT companies in Noida are Tata Consultancy Services, Microsoft, NIIT Technologies, Adobe, Oracle, Infosys, etc.

Some of the leading Indian companies in Noida are Times of India, DishTV India Ltd, Paytm, Jubilant Food Works, Everest Industries Ltd, Havells India Ltd, Info Edge India Ltd, etc.

4. Jewar Airport: Construction of India's largest airport in terms of area (over 4 thousand acres) began in December 2018 and is expected to be completed by 2024. The Jewar Airport under construction in Gautam Budh Nagar is only 13 km from Noida. removed . Once the airport is completed, residents of Noida and Greater Noida will no longer need to travel to Indira Gandhi International Airport, approximately 44 km away. Once the airport is operational, it will serve both domestic and international flights. Therefore, this is the right time to invest in Noida property as property prices can be expected to rise dramatically after the airport opens.

5. Retail Malls: Noida has many retail options with its bustling local markets as well as stylish and modern malls.

Local markets such as Atta Market (Sector 27), Brahmaputra Market (Sector 29), Savitri Market (Sector 18), Indira Market (Sector 27) etc. offer clothes, accessories, shoes, home textiles etc. at affordable prices . You can also indulge your taste buds with various street food options in the market.

Many famous shopping malls such as Mall of India, The Great India Place, Gardens Galleria Mall, Wave Mall, Spice World Mall, Tulip Mall, Gaur City Mall, etc. clothes, shoes and appliances) etc.

6. Proper planning and social infrastructure: Noida is a nicely planned city with wide streets and trees.

Many popular schools such as DPS Noida, Khaitan Public School, Kothari Public School, Global Indian International School (GIIS), G.D. Goenka Global School, Industal Public School etc. are located in Noida.

Many prestigious universities such as Amity University, Jaypee Institute of Information Technology, Noida International University, Maharishi University of Information Technology, etc. are located in Noida and are connected by the subway.

Various hospitals such as Jaypee Hospital, Apollo Hospital, IndoGulf Hospital & Diagnostics, SJM Hospital and IVF Center, Kailash Hospital and Heart Institute offer the best medical facilities in Noida.

Noida also has branches of many major banks such as HDFC, Indian Bank, DCB Bank, ICICI Bank, Canara Bank, Bank of India etc.

Many parks like Rashtriya Dalit Prerna Sthal & Green Garden, Priyadarshini Park, Meghdootam Park, Mansarovar Park, Nithari Park / Shahid Bhagat Singh Park allow you to rejuvenate and enjoy the beauty of nature.

Why Invest / Buy Property in Greater Noida

Greater Noida is one of the fast growing Delhi / NCR suburbs and has not looked back since 2c008 when it was first established. It is being developed and planned by the Greater Noida Industrial Development Authority (GNIDA) and is an extension of Noida. It is expected to become the new hub for luxury and high-end shopping malls and residential spaces in the near future. With the connectivity of the subway and the development of more and more IT parks / ITes, Greater Noida is already becoming a preferred choice for many.

Currently, Greater Noida measures 36,000 hectares, but the government plans to expand it to 94,000 hectares soon, adding 58,000 hectares from the agglomeration of 188 villages. The cleverly planned suburb has a lot to offer everyone living here, including job opportunities, a good social infrastructure, perfect connections, green surroundings and an up-and-coming international airport.

1. Great Connectivity: Greater Noida's improved connectivity to nearby regions has resulted in a sharp surge in property demand. Some key infrastructure developments are here:

- The Aqua line, which connects Greater Noida with Noida and other regions of Delhi / NCR, consists of a total of 21 metro stations. Go from Sector 51, Noida to the Depot, Greater Noida

- The connection from Greater Noida to Kundli-Sonepat with Palwal via the Eastern Peripheral Expressway has given many builders and entrepreneurs the opportunity to build their shopping complexes or warehouses in Greater Noida

- The Yamuna Highway connects you seamlessly with Agra and provides easy access to many other cities in Uttar Pradesh

- The 22 km Link Highway connects Greater Noida (Zeta Sector) with Ghaziabad (Vijay Nagar Bypass on NH-24). This intersection not only saves commuters a lot of time, but also shares the traffic load on NH-24.

- The nearest airport, Jewar, which is expected to be completed by 2024 in Gautam Budh Nagar, is considered to be the largest airport in India in terms of area (over 4 thousand acres). Completion of the airport will improve connectivity for international companies setting up here as well as Greater Noida residents who have easy access to domestic and international flights.

2. World Class Planning and Infrastructure: The Noida metropolitan area is surrounded by a green belt and this beautiful city has wide streets, minimal red lights and adequate planned infrastructure. In fact, Greater Noida is the first city in Asia whose infrastructure developments are already planned (taking all aspects into account) for the next 30 years. All complexes in Institutional Areas such as Knowledge Park (KP) 5, which is located on Gaur Chowk - Surajpur Road and is approximately 1,000 hectares, are being built in Greater Noida with universities, schools, shopping malls, etc. world class to offer a luxurious lifestyle . Aside from that, some other well-developed projects include the Buddh International Circuit, the 1,483km Delhi Mumbai Industrial Corridor (DMIC), the upcoming night safari and Jewar Airport which are an added bonus for all Greater Noida residents.  Greater Noida (residential, commercial, or both) generally has grocery stores and other necessities.

3. Big Investor Hub: Most big investors believe that the future of commercial and residential real estate lies in the Greater Noida area, and that's why many of them have invested a lot of money here. Some of the major investments in this region are:

- The Yamuna Highway Industrial Development Authority (YEIDA) has allocated 300 acres of land to the Patanjali Group to open Patanjali Food and Herb Park in the Greater Noida area. In addition, 130 hectares of land have been allocated separately to Patanjali Ayurveda Limited.

- The Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC) is already in the process of selling properties to interested investors at a price of 5,100-11,000 per square meter (which varies depending on the size of the property).

- Lava International, along with its subsidiary, will invest around Rs 200 million in Greater Noida and has already received approval for more than 35 acres of land.

- Intex has already arranged a deal from Rs. 650 million rupees along the Yamuna Highway and plans a huge plant.


- Large multinational companies such as Adobe, American Express, Accenture, Coforge, Ericsson, Deloitte, KPMG, EY, Amazon, Genpact already have their offices in the shopping centers of Greater Noida.

- Some of the major commercial properties in Greater Noida are Galaxy Diamond Plaza (Gaur Chowk), Aarza Square (Gaur Chowk), Gaur City Center (Gaur Chowk), Galaxy Blue Sapphire Plaza (Sector 4), Paramount City Square (Sector 2), Icon Leisure Valley (Techzone 4), Home and Soul Boulevard Walk (Sector 120), La Galleria (Techzone 4), etc.

- Similarly, many of the best builders have furnished their Greater Noida housing projects with world class amenities and luxurious living spaces. Some of the residential projects are Unitech Habitat y (PI) and Unitech G and H (Sector 1) by Unitech Group, Amrapali Augusta Tower (Sector 4) and Amrapali Terrace Homes (Techzone 4) by Amrapali Group, Godrej Crest (PI) and Godrej Golf Links Villas from Godrej Properties, Ansal API Fairway Apartment (Bodaki) and Ansal API Sushant Serene Residency from Ansal AP etc.

4. Convenience and Recreation Centers: Greater Noida provides all the facilities for residents to lead a recreational life with all conveniences in close proximity. Some popular shopping and entertainment centers that allow Greater Noida residents to enjoy a peaceful life include:

- Shopping malls like The Grand Venice Mall (near Pari Chowk), Gaur City Mall (Sector 4), MSX Mall (Sector 18), Vansia Mall (Surajpur Site 4) etc. After a busy day at work or on the weekend, you can go to Shop, eat well or just relax in these large malls.

- Many prestigious schools such as Delhi Public School (Sector Gamma-II), Greater Noida World School (Sigma I), SKS World School (Sector 16), Apeejay International School (Surajpur Kasna Road), Ryan International School (Greater Noida Beta 1. )), GD Goenka School (TAU sector) etc. are well established in the Greater Noida area

- Various universities such as the Greater Noida Institute of Technology (Knowledge Park II), the Army Institute of Management and Technology (Chi II), the IEC College of Engineering and Technology (Knowledge Park I), the Mangalmay Institute of Engineering and Technology (Knowledge Park II), Indraprastha Law College (Knowledge Park III) etc. are also located here.

- All major hospitals including Fortis Hospital (Sector 62), Max Super Specialty Hospital (Dabur Chowk), Orion Hospital (Kasna Road), Kailash Hospital (Knowledge Park 1), Sharda Hospital (Knowledge Park 3), JR Chaudhary Hospital (Sector .) 80)) are easy to get to from anywhere in the Greater Noida area.

5. Greater Noida Extension: The region beyond Greater Noida (known as the Greater Noida Extension) will soon see a variety of facilities and upcoming projects (both residential and commercial). The area behind the Noida-Greater Noida Highway, in front of Pari Chowk, is divided into several residential and commercial sectors, namely Alpha, Beta, Gamma, Delta, ETA, Pi, Chi-Phi, Omega, RHO, Mu, Zeta and Omicron, Yamuna Highway, etc.

While some of the above regions are fully developed, they have projects from the best builders and others still have lots of properties under construction or under construction. Sectors like Delta and Gamma offer developments with plots ranging from 60 to 120 square feet, while Beta, Pi, Chi and Omicron offer luxury mid-range apartments. A total of around 3 lakh residential projects are under construction in the Greater Noida Extension.

Agro-Realty: A new investment trend in India

Farmland has always been a symbol of social importance and authority in India. In post-colonial India, however, the delineation and fragmentation of land parcels led to the use of land for investment purposes and led to a now booming trend towards agro-property.

Agro-Realty is the division of large tracts of land for sale to individuals. These plots are then used for agriculture and recreation. Although started in India, western countries like the US and UK have been reaping the benefits of farm real estate for some time by growing fruits and vegetables. But the investment trend in agricultural real estate is also accelerating in India.

A closer look would reveal the finer nuances of the agricultural property investment trend in India.

What is agro-real estate?

In Agro-Realty, developers acquire large plots and divide them into several sub-plots. These smaller tracts of land are then sold to investors interested in making a profit from agricultural and horticultural activities. These plots are demarcated for agricultural activities and are preferred by investors in agro-real estate. The main advantage of agro-real estate is that the total cost of developing the entire property is shared among several investors. These costs are significantly lower than buying a property as a whole.

Several real estate developers are offering agricultural land at attractive prices. These plots can be bought or rented for a specific period of time. Agro-real estate has therefore opened up new ways of generating income that have the potential to catapult the country's real estate landscape. In addition, it will be of great benefit to India's now-threatened food security quotient.

Agricultural real estate in India

In India, agricultural activities have remained the stronghold of farmers and real estate investors have been reluctant to invest in what appears to be a complex agricultural mechanism. However, with the advent of the agricultural property trend, property investors have begun to explore the possibilities of leasing or selling land for commercial agricultural purposes.

The recent trend towards growing and selling organic fruits and vegetables will further boost the practice of agro-real estate in India. A report from said the Indian organic food market is projected to grow from $ 177 million in fiscal 2020 to $ 555 million in fiscal 2026, with an annual growth rate of 26%. The market size of this magnitude will certainly increase investor affinity in the lucrative field of agricultural real estate.

In addition, the advent of farm-to-home farm-to-home farm product delivery online is encouraging several startups to venture into farm real estate businesses.

From a food security perspective, rapid urbanization and infrastructure development activities across the country are reducing agricultural land every day and directly affecting the availability of food crops. However, the practice of agro-property has provided small investors and entrepreneurs with the opportunity to start farming on a relatively small piece of land and reap the benefits. These companies attract customers with their pesticide-free and middleman-free policy and guarantee hassle-free organic food delivery. With a growing health and fitness awareness and a taste for pure agricultural products, more land needs to be purchased, which will fuel the agro-real estate industry in India.

Main advantages of agro-property

The growing popularity of agro-property is not without reason. The main advantages of agro-property practices are the following:

High return on investment (ROI)

Compared to traditional investment vehicles such as mutual funds (MF), stock market and gold, the long-term ROI potential of agricultural real estate is significantly better. With minimal effort, favorable government policies, farmer subsidies, agricultural insurance and an improved warehouse infrastructure, the investment community is increasingly preferring agro-real estate.

Non-depreciable asset

Unlike traditional assets such as apartments and villas, farmland is not depreciated. Over time, the condition of the agricultural land does not deteriorate and there are minimal maintenance costs. In addition to growing grain, seasonal vegetables, fruits and cash crops are easily grown on real estate farms.

Lower land prices

The Agro Realty model is based on the division of a large piece of land among several investors. In this way, the cost of the furnished property is significantly lower than it would have cost a single investor. In addition, investors in agro-real estate tend to partner and engage in agricultural activities by merging their plots. Reduce the burden in the event of damage and maximize profit.

Weekend houses and farms

Real estate developers who offer plots for agro-real estate choose fertile and well-drained land. These areas are generally well equipped with water, electricity, shade and connecting roads. In addition to agriculture, agricultural land can be used as weekend houses, farms and places of marriage. Create an additional source of income for the investor.

Problem-free storage and marketing

Traditional farming practices generally rely on government-sponsored transportation facilities and warehouses. Much of the agricultural produce is wasted due to the weakness of the last mile infrastructure and cold storage facilities. However, with an integrated agro-property approach, professionals manage the storage, packaging and marketing of agricultural products and no product is wasted. In addition, the distance from the farm to the market is less, as most of the farm real estate operations are on the outskirts, which guarantees minimal waste and maximum profits.

Environmentally friendly

Since farms mainly use environmentally friendly and pesticide-free farming methods, both mother nature and consumers benefit. Agro-real estate operations ensure that agricultural practices are in harmony with nature. In addition, less use of water, electricity and pesticides is beneficial from an investment perspective and ensures maximum returns for investors.

In short, agro-property practices offer a win-win situation for both the environment and investors. Low investment costs, sustainable practices and numerous advantages make it an attractive investment offer. With favorable government policies and the advent of organic farming, the sector is ready for increased investment. While the agricultural property trend in India is still in its infancy, it has immense potential for returns and property investors are actively considering this industry.

Why Plot investment in Bengaluru-Mysore Expressway is a good option?

The Bengaluru-Mysore Expressway is a ten-lane corridor from the Columbia Asia intersection in Mysuru to the Bengaluru Panchamukhi Temple near the NICE Road intersection with a length of 117 km. A six-lane motorway with access control for traffic and a two-lane residential road each for local traffic make up the 10-lane project. The highway also includes bypasses for cities along the way, such as Bidadi, Ramanagara, Channapatna, Maddur, Mandya and Srirangapatna. As part of Bharatmala Pariyojana, Phase I, the Bengaluru-Mysuru economic highway, will be expanded into ten lanes at a cost of INR 8,172 Cr.

Construction of the economic corridor began in two parts, with the first phase beginning in May 2019 and stretching 35 miles from Bangalore to Nidaghatta in Maddur. Nidaghatta is connected to Mysore for the second phase of the project (which began in December 2019), which is approximately 61 kilometers. The travel time between the two cities will be reduced from 3 hours to just 90 minutes. The massive Bengaluru-Mysuru Economic Corridor project is expected to be completed in October 2022.

Transportation and Economic Benefits of the Bengaluru-Mysore Highway

The social and commercial infrastructure in the corridor is excellent. The highway is connected to the rest of Bengaluru via NICE Road and Outer Ring Road.

The underground facility is under construction until the Chalaghatta area (purple lane) connects to Whitefield in East Bengaluru.

Excellent road connections with good frequency of KSRTC and BMTC buses

The main IT hub along the route is Global Village Tech Park, which is 8 km from Kumbalgodu.

The Kumbalgodu industrial area and the Bidadi industrial area are home to many production facilities such as V Guard Industries, Toyota Boshoku Automotive India (P) Ltd., Pepsi Factory, Bosch Rexroth, Samung India Electronics and Scania cv India Pvt Ltd.

Infosys headquarters is just five miles from Columbia Asia Junction, Mysore.

Infrastructure advantage of the Bangalore Mysore Expressway

The Don Bosco Institute of Technology, Shree Swaminarayan Gurukul International School, Christ University and Rajarajeshwari Dental College are among the leading educational institutions along the Bengaluru-Mysore Highway.

Columbia Asia (Mysore), Rajarajeshwari Hospital (Kumbalgodu), Penesia Hospital (Kengeri) and Manasa Multispeciality Hospital (Bidadi) are among the leading providers of healthcare services.

Wonderla Amusement Park, Janapada Loka, Ranganathittu, Temple and Srirangapatna Fort are some of the major tourist attractions.

Plot options on the Bengaluru-Mysore highway:

Kumbalgodu, Chunchunaguppe, Doddamaranahalli, Gollahalli, Ganapathihalli, Ajjanahalli, Byalalu and Doddaaladamara have about 200-250 hectares of private parcels dug out of arable land. Some of the best projects are SLN CIty, Arya Best City and T John Layout, Pegasus, KNS Infra Corridors, Neha Residence and Bengaluru University Layout.

Residential lots are available along the Bengaluru Mysore Highway of various sizes namely 20x30, 30x40, 30x60, 40x60, 80x100 square feet, ranging from INR 1000 to INR 2500 per square foot.

Cholanayakanahalli, near the Magadi Road region, is in another industrial parcel development.



The Bengaluru-Mysore Highway has recently become a real estate hotspot. The hectic city life, traffic and high levels of pollution in Bengaluru encourage potential investors to explore the city's outskirts as an alternative property investment. The Bengaluru Mysore Highway offers superior infrastructure and seamless connectivity, ensuring a bright future. Land is valued more than apartments because, unlike apartments, time does not worsen your investment in land. Hence, if you are looking for an investment and want to see your money grow, packages are a great option.

Bengaluru PropIndex Q1 2021: Under-construction properties driving price growth in the city

The Ready-to-move segment recorded slight quarterly growth of 0.7%, but still fell by 3.3% compared to the previous year With the gradual opening of the economy, construction and start-up activities in Bengaluru have picked up, resulting in a 6.9% increase in housing supply in the first quarter of 2021, in line with the Pan India supply trend. Most of Bengaluru's new offering has been concentrated in the eastern and southern outskirts of the city.

The Property Under Construction (UC) and Ready-to-Move (RM) segments saw positive price changes, while the UC segment saw higher gains in the first quarter of 2021. The dynamism of the Bengaluru housing market has been driven by factors such as improved affordability such as the result of lower home loan rates and various developer-led initiatives such as cash offers, discounts and deferred payment plans.

 Supply and demand analysis

Increased demand for affordable neighborhoods in the periphery

Although multi-story apartments have been more preferred in the past, buyers today are looking for larger apartments within their budget, increasing the demand for residential lots and villas on the outskirts. Puravankara Ltd. entered the construction industry to capitalize on this demand and plans to launch a 5.5 million square foot tracked development in Bengaluru and other cities in southern India. Sarjapura, Devanahalli, Vishweshwaraiah Layout, Banashankari Stage 6, and Yelahanka are prominent locations that have seen an increase in cartographic development, among others. Medium-sized housing demand has driven the share of 2 BHK setups, although the share of 3 BHK in the fourth quarter of 2020 is 5% below the total cake.

"2 and 3 BHK represent 90% of demand and 92% of supply in the first quarter of 2021, reflecting the dominance of mid- and upper-middle-segment buyers in the city"

Properties costing more than INR 7,000 per square foot accounted for a significant 36% share of the demand cake, up from 32% in the fourth quarter of 2020. Whitefield, Sarjapur Road, and Bellary Road ranked high for active searches and listings.

A rise in prices was seen along Bellary Road in north Bangalore in cities such as Yelahanka, Hebbal, Hebbal Kempapura, Jakkur Plantation and Sahakara Nagar as multinational corporations started operating from offices in the city. Outlying cities in East Bengaluru such as Hoskote (4.6%), Sarjapur (7.5%), Sarjapur Road (2.5%) and Sarjapur-Attibele Road (3.5%) recorded in the first quarter of 2021 due to availability Larger affordable housing in close proximity to the main work centers.

Increased operating costs and delayed project completions - Who will bear the cost?

As a significant relief to the developer community, MoHUA has issued a notice to treat the COVID-19 period as a "force majeure" under the provisions of the Real Estate (Regulation and Development) Act (RERA) and to extend the date for all registered projects for 6 months to 9 months. The term “force majeure” implies a temporary suspension of a party to fulfill its contractual obligations. Most of RERA's government agencies have invoked this clause and granted developers a six-month moratorium.


"However, the force majeure clause and the resumption of construction would mean a respite for the entire industry, the economic effects of compliance with the safety regulations would be immediate"



And operating costs for real estate companies are expected to increase. Demand for more sanitation, supplying workers with PPE, installing adequate sinks, supplying soap dispensers, hand sanitizer, testing, etc. are some of the actions that are likely to increase overall spending. To check the return migration of stranded workers, the developers would also need to incentivize them by spending on their upkeep, including meals, shelter, daily allowances, and other miscellaneous expenses.

In addition, many projects under construction are now forced to experience completion delays due to uncontrollable factors such as COVID-induced construction disruption, disrupted construction materials supply chain, labor shortages and slow work on construction sites. In addition, new standard operating procedures would further reduce worker productivity, making it difficult to complete construction in full swing as it used to be in pre-COVID times.


The main burden of the increased costs is ultimately borne by property developers and buyers. In order to better understand the mood of buyers, Magicbricks carried out a comprehensive “Sentiment survey among property buyers” in May 2020. Buyers' concern about the current financial condition is reflected in the survey that nearly 75% of respondents plan to cut their budget and about 1/3 of potential consumers expect to suspend their purchase plans. In such a scenario, any price increase can further curb demand. The developer may need to find innovative ways and use new technology to contain costs.


“In today's world where the consumer is king, the mantra is to know your market well. It's not about what you can build, it's about what you can sell. "


 The new levers that can help a developer move into the next phase of growth in today's marketplace are business processes, product differentiation, and the introduction of new technologies. Investing in a home is an important financial and emotional decision that comes with a significant cost, and it is for this reason that end users seek financial stability and confidence in future economic events before making a decision. Reactivating the purchasing cycle would continue to be the main driver with job stability, but what can also trigger demand is product differentiation and the value proposition. Superior product quality, corporate governance, transparency, excellent service, and integrity build the confidence quotient and bring consumers back to market.

Demand for Residential Real Estate surpasses pre-Covid levels

The demand for residential property exceeds pre-Covid levels

Residential real estate demand surpasses pre-Covid levels by 30-40% after falling 50% in April, Buyolp PropIndex reveals. House prices remained stable in the third quarter after falling around 2-5% in the second quarter of 2020. Demand tends towards affordable and medium-sized objects.

Despite the uncertainty in the Indian economy due to the impact of COVID-19, the real estate industry is seeing healthy growth in demand as property searches are up 30-40% compared to pre-Covid levels and consumer preference is mostly towards affordable and medium-sized. Segment properties, reveals the latest Buyolp PropIndex.

The previous Propindex report from April to June 2020 reported that June consumer searches hit pre-COVID levels after falling up to 50% in April. The consumer search pattern has remained the same since then, and as of September 2020 consumer searches were almost 30-40% higher than pre-COVID levels.

Major concerns of liquidity shortages and moderate transaction levels have worsened during the pandemic, but the lockdown has also opened up a wealth of opportunity and interesting buyer trends. Consumers have reduced their budgets in most cities, in line with the general economic climate, but without compromising living space and moving to remote locations. This trend is an indication of the emerging need among professionals for additional space in homes with the lifestyle change of having to work from home. However, it is too early to say whether such trends will hold up over the long term and how developers are capitalizing on changing buyer preferences.

Key takeaways from Buyolp’ Propindex Report Q3:

Bengaluru is on the recovery path, with property searches up 47% in the third quarter after falling 14% in the second quarter due to closings. In the third quarter of 2020, there was a price drop of only 0.5% after the unlocking process. The focus is shifting to affordable neighborhoods in the periphery, even if the middle segment continues to offer maximum appeal for home buyers.

Chennai shows a modest recovery, with a greater focus on affordable housing, property searches in the area increased 35%. Buyolp data suggests that prices for ready-to-move properties are down 0.6% QoQ and 0.3% YoY.

In Hyderabad, the market for single-family homes and land recovered completely in terms of search volume compared to pre-Covid levels. Housing prices, which previously fell 5.2% in the second quarter of 2020, now rose 1.9% in the third quarter compared to the previous quarter.

In Delhi, the demand for real estate changed with more searches near employment centers. The city saw searches increase 36% in the third quarter, compared to an 11% decrease from the previous quarter in the second quarter of 2020. While residential demand increased, prices fell 0.5% in the third quarter of 2020.

In Ahmedabad, housing demand rose significantly as property searches increased 144% after seeing a 51% decline in supply in Q2 2020. Prices rose slightly by 0.6% from the previous quarter, and affordable seats were a major contributor to that increase.

However, it will be interesting to see what new trends are emerging in the markets. As buyers focus on affordable housing segments and ready-to-move-in properties, peripheral regions near job centers are increasing.

New land policy for J&K open opportunities for all Indians?

As the "special status" enjoyed by the former state of Jammu and Kashmir was further diluted, the central government announced two changes to land and real estate in October 2020 that allow citizens across India to buy and sell non-agricultural land . and real estate in the territory of the Indian Union of Jammu and Kashmir.

Laws notified

The first change is the notice of the "Third Order of Reorganization of the Territory of the Union of Jammu and Kashmir (Adaptation of Central Laws)". The notice deleted the requirement to be a "permanent resident of the state" to purchase land by removing that sentence from Section 17 of the Jammu and Kashmir Development Act.

The second change is the announcement of the "Real Estate Law (Regulation and Development) 2016" in the territory of the union. This law laid down a mandatory requirement for each state and each territory of the Union for the creation of its own real estate supervisory authority and also laid down rules for the activities of this supervisory authority.

While the first amendment aims to allow non-residents across India to invest in the Union Territory of Jammu and Kashmir's real estate market, the second aims to promote transparency and introduce financial responsibility and discipline over the next few years. Real estate in Jammu and Kashmir will continue to develop. In addition, this move has also resulted in the repeal of several regressive, outdated, and inherently contradicting land laws that had plagued the real estate industry for centuries.

Who should invest in the union territory and who should wait?

With the residency or permanent certificate of residence requirement abolished while the government lifted all land ownership restrictions, there are several other factors that investors should consider before buying land or property in the newly formed union's territory. plagued by attempts at insurrection and sporadic separatist voices from the fringes.

The following discusses the various factors that an investor or homebuyer should consider before investing in the property market or real estate in Jammu and Kashmir:

Invest in industrial real estate as a government aiming for rapid industrialization

To help the locals of the newly created union area understand the development logic behind the repeal of Section 370, the central government plans to rapidly industrialize the union area to encourage economic growth and create jobs. Hence, investing in commercial real estate to start a business in this region is considered a great idea. In addition, the state government plans to provide additional security for all these investments and thus make them safer.

The institutional investor must invest for the long term

Institutional investors who want to invest long-term have nothing to lose with this type of investment. Since the central government aims to transform the region, long-term investments are the most rational investment that can be made in the region.

Resident private investors should take advantage of this opportunity

With the introduction of this land policy, the real estate market has become the most attractive investment for existing residents in the country. Historically, land prices in Jammu and Kashmir have always been low due to a lack (restriction) of investment from other parts of the country. However, the opening of the market to Indian companies is likely to lead to a price increase from which the local population can benefit.

Foreign retail investors should be careful

While residential and commercial property prices can be expected to rise, non-resident small investors should avoid blindly investing in real estate because of opportunities. Since the region has faced security and insurrection problems for far too long, it would be advisable to seek and explore a stable and safer region on the territory of the Union before making such an investment. The southern regions of Kashmir and its surroundings should be avoided from now on.

SMB business investors should avoid making immediate investments

Small and medium-sized businesses across the country looking to invest in the Union territory to grow their business can rely on the old formula of investing in real estate by a local resident. While the company needs to conduct due diligence on real estate, it also needs to know firsthand the opinion of locals regarding its products and presence in the area.

People looking to buy Kashmiri vacation homes should wait and see


While politics is an incredible opportunity for all Indians to invest in recreational accommodation in the beautiful mountainous landscape of Kashmir, we must all wait until the time is right. While 90% of the land is not available to non-residents (because it is agricultural land), most of the available land is in densely populated areas or regions that are not conducive to private vacation homes or farms.


The government recently started lifting senior politicians from house arrest to make way for the first elections in the newly formed union territory. Investors can remain cautious and watch the entire election process before investing in the region. However, this time can be well used to carry out due diligence on your preferred real estate options and to obtain professional and legal advice on your planned investment in the Union Territory of Jammu and Kashmir.

What is the draft model act on land titles?

On October 31, 2020, the National Institution for the Transformation of India or NITI Aayog published a coherent draft for a model law on land titles and rules for states to issue land titles. The main aim of the draft model law was to simplify the land acquisition process for infrastructure projects and to reduce conflicts.

Key Features of the Draft Model Act

The law will empower state governments to create, administer, and maintain a real estate title registration system. Since the law is inherently a model, states have the option of enacting it or of formulating a law identical to the model.

According to the model law, the state dispute settlement officer and the state appeals court are collective bodies that dissolve in the event of a reduction in workload. The title registration officer then enters the title register and dispute settlement register and refers it to the land dispute settlement officer.

Anyone who complains about an entry in the title register can lodge a complaint with the title register officer within three years from the date of such notification.

The land registry officer will enter the land registry and dispute settlement register and refer the matter to the land dispute settlement officer.

A party disadvantaged by an order of the land dispute settlement officer can submit an application to the court of appeal for land titles within 30 days of the issuance of such an order.

The special chamber of the Higher Regional Court is appointed to deal with complaints against the decisions of the regional appeals court.

If a person whose name is registered as the owner in the land registry has died, the heirs can apply to the land registry officer, give the succession and replace the name of the deceased with their names.

The state guarantees the accuracy of the final title and demands redress for any disagreement between the state.

What does the Registry of Dispute do?

The dispute settlement body maintains a register with information on all § 10 cases which are forwarded to a land dispute settlement officer, information on complaints filed under Articles 13, 15 and 16 and the complaints referred to in paragraph 18.

What are the Information maintained by the Title Registration Officer?

The property register official maintains a property register, such as the identification number of the particular property, the area of ​​the property, with specific details of the building area, the name of the owner, information on transfers and succession of the property, information on claims against the home and details of ongoing land disputes .


The Registration Act (1908), 1882 and all other laws currently in force are required to apply for transactions for any owner or title or beneficiary in respect of any transaction, act, or transaction relating to that property within the meaning of this Act. of the property that is located in the reported region.

What is Land Title?

The title deed is a document that defines ownership of land or real estate. Having valid ownership of the property preserves the owner's rights to all claims by others to the property.

How an NRI can execute Power of Attorney?

Non-Resident Indians (NRIs) wishing to purchase property in India can do so by issuing a Power of Attorney to a person who can complete the transaction on their behalf.

What is a Power of Attorney?

The Power of Attorney (POA), or letter of proxy, is a legal document that allows you to designate a person or organization to manage your property, medical affairs, and finances on your behalf in your absence. The person who authorizes the other to act on his behalf is known as the client or donor or giver. The agent is authorized to act.

Depending on the terms of the POA, the agent may have limited or extensive powers to make legal decisions related to property, medical matters, and finances.

How to get a Power of Attorney done?

The POA must take place in the office of the sub-register manager, which is in the area of ​​responsibility of the person granting the power of attorney. If the person resides abroad, the POA must be certified by the Indian consulate in that country and used within 3 months from the date of its execution.


A person who is abroad and wants to buy a property in India can do the POA in two ways:


Legalization: In this case, the signature of the judge or notary before whom the POA is enforced must be certified by the accredited representative of the Indian embassy or consulate. This POA must be stamped in India within 3 months of receipt. Stamp duty is paid when the document is in India for registration. Stamp duty is paid under Section 2 (17) of Appendix I of the Indian Stamp Act of 1899.

Apostilization: Apostille is a certificate that confirms and verifies the signature or seal of the person who authenticated the document and this must comply with Indian laws such as the Indian Registration Act of 1908 and the Power of Attorney Act of 1882 of India is made by an apostil -Process regulated by the 1961 Hague Convention.


Role of CIBIL Score in getting a Home Loan

What do you mean by credit score?

A credit score represents an applicant's creditworthiness for a home loan.
 Since the mortgage loan is a comparatively larger and longer-term commitment than a car loan or a personal loan, banks or financial institutions (lenders) only grant this mortgage loan after considerable confidence in the applicant, so that he does not deliberately default on the loan granted.
Banks can absorb this trust based on the applicant's creditworthiness.
The applicant's creditworthiness is a numerical value calculated based on the loans used and repaid by the applicant. This score ranges from 300 to 900. The higher the score, the greater the chances that the person will get a home loan.
In addition to the creditworthiness of the applicant, lenders also consider other factors when deciding on the applicant's eligibility for a home loan.

What is CIBIL and who gives CIBIL score?

CIBIL is the most widely accepted credit rating in India. The other three top credit ratings include Experian, Equifax, and CRIF High Mark.

CIBIL stands for Credit Information Bureau (India) Limited. It was founded in 2000 by a group of banks, finance companies and other multinational corporations. However, in 2016 it was acquired by TransUnion, a US-based credit information company, and renamed TransUnion CIBIL.

TransUnion CIBIL awards CIBIL ratings to individuals and businesses in India.

The person's credit transactions are taken into account when calculating the CIBIL score. In this context, the number of loans taken out (including credit cards), the regularity of loan repayments and credit dependency as well as other related parameters are analyzed.

What is an Ideal CIBIL Score?

The CIBIL score ranges from 300 to 900; with 300 being the lowest and 900 being the highest. The higher the score, the greater the chance that the mortgage loan will be penalized.

Banks consider a CIBIL minimum of 700-750 for home loans. This minimum limit can vary from bank to bank. It is advisable to have a CIBIL score of at least 700 when applying for a mortgage loan.

Lenders consider home loan applicants with a CIBIL score of 650-700 a moderate risk, and banks may grant a lower than normal home loan and / or sanction a loan with higher interest rates.

However, if an applicant has a CIBIL score below 650, it will be considered high risk by lenders. Lenders tend to be reluctant to provide home loans to such applicants; until the score improves to around 700.

In the midst of a surge in non-performing loans and non-performing assets (NPAs), banks can directly decline home loans for applicants with a CIBIL below 650 without much room for maneuver.

CIBIL Score for people with no credit history

For some people who have not taken out any loans in the past (first-time borrowers) or who have not made loan repayments in the last 1-2 years, the CIBIL score can be between -1 and 5, depending on the risk factor assessed by TransUnion CIBIL.

Kanpur Nagar Nigam House Tax

If you are a resident of Kanpur and own property there, you must pay Kanpur Nagar Nigam house tax to the local council every year. Housing tax is also known as property tax and is levied by the government on road construction, public land maintenance and water supply, sewage purification, and garbage cleaning.


How much you have to pay depends on many factors, such as: B. the region you are in, the size of the property and the type of property you own.

Learn the Kanpur Nagar Nigam. know

The Kanpur Nagar Nigam is also known as the Kanpur Municipal Corporation (KMC). This institutional body is 160 years old and currently has 160 districts, with individual district members responsible for each location.


Online Kanpur Nagar Nigam Home Tax Payment makes it easy for homeowners to pay their current and last year's property taxes from their homes through the website

By visiting the website you can:


Pay your property tax


View current and past tax details


Find out your Property Identification Number (PID)


Mutate your quality


What are the house tax rates in Kanpur Nagar Nigam?

Calculating house tax in Kanpur Nagar Nigam is simple.


Properties with Average Rental Values ​​(ARV) of up to Rs. 1,200 must pay a 10% property tax


Properties with Average Rental Values ​​(ARV) greater than Rs. 1,200 must pay a 15% property tax


ARVs change every year based on the rental capacity of the area. This will also further change the value of the property tax.

Impact of Covid-19 on affordable housing

The Indian government has launched the Pradhan Mantri Awas Yojana (PMAY) program to provide affordable housing for the urban poor by 2022. In addition, beneficiaries of the Credit Linked Subsidy Scheme (CLSS) can benefit from an interest subsidy for the loan taken out. buy or build a house.

The COVID-19 pandemic has had a negative impact on the real estate industry, particularly affordable housing, which is particularly appealing to middle-income households. This group has limited incomes and precarious job prospects that lead to deferred property purchases. Job and salary cuts are other factors that influence a buyer's mood and purchase decisions.

Despite various measures taken by the government and the RBI (Reserve Bank of India) to deal with the financial crisis, experts assume that the sector will be negatively affected by the global crisis.

In an exclusive interview with MBTV, Deo Shankar Tripathi, MD and CEO of Aadhar Housing Finance Ltd, explains the impact of COVID-19 on affordable housing. He says: "The impact will be greater in this segment due to the irregular income of consumers. Those who work in MSMEs and the unorganized sector may not be able to pay the interest and there may be delays due to job losses or income. There." have stopped their businesses, it will take time to reactivate the sector. "

When asked about the impact on affordable housing interest rates, Tripathi clarified, “The affordable housing loan amount is less. Usually it is up to Rs 10-35 lakh and the interest rate is also low. In the informal sector the interest rate is higher than for the salaried / formal sector. However, the increase in the amount would not be significant in either case. "

Commenting on whether lenders are getting new requests for loans and property purchases, Tripathi said, "Affordable housing consumers are unaware of the policies and measures being announced. But 70% of organized sector consumers are unaware. They benefit from EMI -Moratorium." . "and the remaining 30% of the disorganized sector is ready to benefit".

Unless you are facing a cash crisis as a consumer, it is preferable to pay for your EMI. However, if you want to learn more about the moratorium easing and how it is affecting the affordable housing sector, watch the full episode of The Property Show.

Impact of Metro Railway on Plots in Cities with Upcoming Metro Service

The start of the light rail system in the metropolitan areas of India not only improved the standard of living, but also had a major impact on real estate growth. The value of land near subway corridors has increased dramatically due to convenience and lower transportation costs. The proximity to the subway attracts home buyers, property developers and investors, and it is expected that these areas will continue to experience significant appreciation in the future.

How did Metro catapult the real estate scene near Metro corridors?

The real estate market along the subway corridors has grown steadily due to the major developments along the subway routes. Over the past five years, the value of land near subway corridors in various cities has increased by 15-20%. In Pune, for example, the upcoming subway corridors are expected to increase land values ​​by 10-15%.

Commercial and retail prices along the subway corridors have also increased by 20-25% due to job creation, easy accessibility and lower transportation costs. As a Rapid Mass Transit System (MRTS), the subway significantly reduces traffic congestion and thus benefits planned projects along the subway corridors. Even locations 4-5 kilometers from subway stations have seen increases in land prices and demand for apartments.

Property valuation rates before and after the Metro announcement

It has been observed that the value of the property increases significantly after the operation of the underground and shows an annual increase of 2 to 5% in different locations in contrast to the planning and construction phase. However, many cities experienced sudden demand and a surge in land prices shortly after the Metro project was announced.

Upcoming metro projects in India include Pune Phase-I Line 3, Chennai Metrolite, Nashik Metro Neo, Bangalore Metrolite, Kozhikode Metrolite and Trivandrum Metro. Read on to find out how land prices have affected different cities from pre and post subway announcements.


Before 2016, when Phase I of the Kochi metro was just in the planning phase, property prices on the Aluva-Thrupunithura (25 km) skyrocketed by 20-30% and real estate agents received numerous inquiries (from residents and non-residents) . ). ) to purchase land along the subway corridor.

Major areas such as Edapally, Vytilla, Aluva, Palarivattom, Panampilly Nagar, Kakkanad and Companypady saw an increase in the number of upcoming residential and commercial projects. When the Kochi Metro started operating in 2017, the city's property prices rose sharply in various areas, with a further increase of 40-50% after 2017.


Prior to the construction of the Chennai subway in 2015, house prices were around Rs. 3,600 / sq ft, down to Rs. 7,000 square feet in areas along the subway corridors such as Ashok Nagar, Saidapet, Guindy, Washermenpet, Arumbakkam and Perungudi, after the metro started operating. In addition to other factors, the easy accessibility of the subway played an important role in the price increase.


In many areas of Chennai near subway stations, land prices rose 15-35% after the Phase I subway operation in 2019. Additionally, retail and commercial rental prices on the 100-foot freeway or the Jawaharlal-Nehru freeway recorded around 50-70. % Increase. Some property prices even saw a 100% increase.


The metro has also increased the popularity of micro-markets such as Anna Salai and raised property prices in different parts of the city.


Nagpur, the third largest city in Maharashtra, saw land prices drop to around Rs. 1,900 / sq ft from Rs. 2,800 / sq ft from 2016 to 2019. However, the Nagpur Metro North-South Corridor is expected to be operational in 2019 as well as the distribution zone projects Outer Ring Road (ORR) and the international multimodal passenger airport in Nagpur EEZ (MIHAN), greatly improving land prices in the city.


In 2016, approval was given to begin construction of the Pune Phase I subway project. Pune's real estate market, transportation and accessibility faced major problems prior to the introduction of subway services.


The desirable city of Goregaon East is located between Andheri and Borivali, close to the airport, the city of cinema, IT centers, schools, restaurants and hospitals. Property prices in this locality are Rs. 17,250 / sq ft. Metro line 2A is expected to be fully operational through January 2022, after which the appreciation rate would be around 10-15%.


Gurgaon Rapid Metro provides connectivity between downtown HUDA, Cyber ​​City and remote corners of Gurgaon including Sectors 55, 56, Golf Course Road etc. This has had a positive impact on the surrounding areas and the value of the property along the subway corridors has increased significantly.


Currently, the average prices for land near the subway range between Rs. 6,000 / sq ft and Rs. 10,000 / sq. Ft. Experts predict that land prices could rise 10-15% in the near future with Rapid Metro's upcoming expansion plans.

What is Power of Attorney in India? Types of Power of Attorney

The Power of Attorney (POA), or letter of proxy, is a legal document that allows you to designate a person or organization to manage your property, medical affairs, and finances on your behalf in your absence. The person who authorizes the other to act on his behalf is known as the client or donor or giver. The agent is authorized to act.


Depending on the terms of the POA, the agent may have limited or extensive powers to make legal decisions related to property, medical affairs, and finances.

Types of Power of Attorney (POA)

There are four types of POA’s based on the degree of responsibility delegated.

1- Conventional Powers

It is also known as a general power of attorney or limited power of attorney, depending on the degree of responsibility assigned. This is only limited to a certain action during a certain period of time. The agent can make personal and business decisions.


E.g. - The grantor can authorize an agent to sign a purchase agreement for the grantor's house when the grantor is not in town.

2 - Permanent power of attorney

The permanent POA remains in place for life and the authorized representative has the decision-making authority, even if the licensor is incapable of acting. A permanent POA will remain in place until the grantor dies or until the grantor cancels the POA.

E.g. - The grantor can appoint an agent to manage their investment portfolio

3- Emerging Powers

For a specific event, the date or condition that led to the POA is used and also when the licensor becomes incapacitated.


E.g. - A person who works in the military, if he is disabled or is deployed abroad, can only appoint a proxy for financial matters in this situation.

4 - Medical power

The medical POA is both an emerging POA and a permanent POA. This affects healthcare decisions. The medical POA is not activated until the fellow is conscious and in a healthy mind and body.

E.g. - The agent can pay the grantor's medical bill but cannot make decisions such as: B. the removal of life support measures.

Your Guide to Offline Tenant Verification in UP

Similar to the implementation of a registered rental agreement, the implementation of a tenant check when handing over a rental property is just as important. In addition, it is required by law to carry out the verification of the tenants by registering their data with the nearest police station. Failure to register tenant information with the police can result in criminal prosecution and fines.

It should be noted that this process is only applicable to areas in UP other than Noida (areas under the jurisdiction of the Gautam Buddha Nagar Police).

The following steps should be taken for offline tenant verification in UP:

Step 1: Have the self-signed photocopy of the following documents handed over to you:

The lease concluded

2 passport photos of the tenant and the owner

Proof of tenant identification (Aadhar card is preferred. Passport required if tenants are foreign nationals)

Worker ID of the tenant (if employed)

Proof of owner identification

Proof of address for the rented property (property ID, electricity bill, telephone bill, gas bill, property tax receipts, etc.)

Step 2: Download and fill out the UP Police Tenant Confirmation Form.

Step 3: Visit the police station (both the tenant and the owner) who are responsible for the property.


Tenant here means the person under whose name the rental agreement is concluded. All persons staying in the accommodation do not have to go to the police station.


Step 4: Submit the form completed in step 2 and the documents provided in step 1.


Step 5: Bring the confirmation of receipt with the stamp and signature of the police officer.

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