The Delhi Building By-Laws refer to the set of regulations and guidelines for the construction, alteration, and maintenance of buildings in the National Capital Territory of Delhi, India. These by-laws are designed to ensure the safety, health, and welfare of the occupants of buildings, as well as the preservation of the environment and the aesthetic values of the city. They cover various aspects of...
Joint Development Collaboration is a deal between the developer and the property owner wherein the house owner allows the builder to dismantle the old house and re-build it for him on mutual agreed terms and conditions. This is a win-win situation for all:OwnerBuilder/ Bidder If you have decided to build your home with the best builder or the best bidder This post will help your...
Top Things that Determine a Home's Value Top Things that Determine a Home’s Value Home buyers believe the physical characteristics of a house will lead to increased property value. But in reality, a property’s physical structure tends to depreciate over time, while the land it sits on typically appreciates in value. If you are planning to sell your property, The very first step is ...
In current times of busy lifestyle, we always refer to internet for all our needs from finding the best college to buying a new car. Recently, people have moved to online platform even to find a good property as it is very convenient and easy. Internet is full of real estate agencies giving full details about properties these days and one can easily surf 20-30 properties in an hour saving their time...
How tax is calculated on purchasing a property from NRI? As per Section 195, any person purchases an immovable property from a non-resident, TDS is required to be deducted on the amount of the capital gain (not on the sale proceeds) arising to such non-resident as per Section 195 of the Income Tax Act. In other words, as per the Indian Income Tax Act, when a resident purchases any property from a...
Impact of COVID-19 on South Delhi Luxury Residential Market Yes, Corona is real and is spreading like a fire! Since first being identified in December last year in the Wuhan district of China, Coronavirus has spread to dozens of countries around the world. Global economy seems to be entering into a global recession with global powers like Italy, US being worst affected. The pandemic outbreak is...
Understanding Impact of Covid 19 on Commercial Real Estate Market in Delhi We’re in the middle of the Coronavirus COVID-19 pandemic. The national lockdown to curb the spread of the novel coronavirus pandemic has stalled all businesses in India, barring essential services. And activity in the real estate sector—among the top contributors to the nation’s economic growth—has halted ever since...
Impact of COVID-19 on Home Buyers DoctorProperty.in expects an increase in demand for bigger homes by the year 2021-2022 as work from home will become more common and productive. Bigger homes will be preferred that allow work, recreation, better cooking environment, self manage& outdoor washrooms for hygiene. COVID-19 is going to impact the housing market in several ways. First, there are the...
Impact of Covid on Builders/ Developers in South Delhi Life is certainly going to change when we reach the other side of the COVID 19. The virus will change the functioning of developers, buyers, and key stakeholders of the real estate industry. The impact of corona virus on South Delhi Builders will be far-reaching ranging from affecting their supply chains to finding the buyers for their...
Recommendations for Govt. to Help South Delhi Property Market Post COVID Real Estate is a 2nd largest employer after agriculture with Market Size in 2019 was over 12,000 Crore. The real estate industry holds great importance in terms of generating significant revenues, offering great employment opportunities, and providing business opportunities to established and budding entrepreneurs. South...
