RBI has reduced the repo rate of funds. Will it be effective for the real estate?
Home loans interest rates will be reduced by the banks. And this will help the buyers.
According to experts, this decision of RBI will act as a catalyst in increasing the demand from end-users.
Is there any way to stop illegal constructions in public areas?
Recently there was one such construction happening in Kanpur. The Kanpur Bar Association was constructing chambers on the road outside the district court.
Yes Amit the construction was started. But the timely action of the district judge prevented the illegal construction.
Why is it necessary to obtain Encumbrance Certificate?
Encumbrance Certificate is very inmportant when you are planning to buy a property because the certificate contains all the transactions registered relating to a particular property for a period of time. Before buying any land or house make sure that the land does not have any legal dues. If you want more details about Encumbrance Certificate Click Here
