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Prahalad Singh

Affordable rental housing schemes

Affordable Rental Housing Complexes (ARHCs): Centre To Sign Agreements With States

The center will sign agreements with the states to build affordable housing complexes for poor or migrant workers declared under the Pradhan Mantri Awas Yojana-Urban (PMAY-U) within a month. The central government is in the advanced stage of discussions with state governments for the implementation of the Affordable Rental Housing Complex (ARHCs) scheme for urban […]

Prahalad Singh

Tripartite Agreement

Everything You Need To Know About Tripartite Agreement

Understanding The Tripartite Agreement Generally, all agreements have two parties but there are some occasions in which a tripartite agreement becomes necessary. A tripartite agreement is the principal legal document involving the buyer, bank, and seller. It is an essential document when a buyer prefers a home loan to buy a house in an under-construction […]

Prahalad Singh

Guide To Pay Property Tax Online In Kolkata

About KMC Property Tax Property tax is an annual tax levied on a real estate property. The tax is levied by the government authorities of the jurisdiction where the property is located. The owners of residential properties in Kolkata are responsible to pay property tax to their respective civic bodies every year. The municipality collects […]

Prahalad Singh

Government’s Stimulus Package 2.0 Will Boost Realty Sector

HIGHLIGHTS Banks have encouraged to lend in the economy at a significant reduction in the repo rate by 4.0%, reverse repo by 3.75%, and cash reserve ratio (CRR) at 3.0%. The Credit-Linked Subsidy Scheme (CLSS) for the housing sector has got an extension until March 2021. RBI has allowed NBFC to extend the date of […]

Prahalad Singh

Force Majeure for Rent and Lease Agreement in India

Force Majeure for Rent and Lease Agreement On 24th March 2020 when PM Narendra Modi announced the nationwide lockdown to prevent the spread of coronavirus in India, the entire population was asked to stay indoors. People have not been able to go to work, many have lost their jobs, companies have cut salaries, there has […]

Prahalad Singh

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