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land record updation

Concentrate on land record updation: Balasaheb Thorat

With people investing more on land, revenue officials are finding it hard to keep the receipts updated. The state revenue minister, Mr. Balasaheb Thorat, has given order to the revenue officials, to update the 7/12 extracts, claiming that the same would help to decrease the number of complaints which are affecting the productivity of the […]

CommonFloor Editorial Team

Gifting properties

A guide on gifting a property to NRIs

Let’s have a look at the Indian real estate laws related to inheritance of acquisition of immovable properties by way of gift received by the non-resident Indians (NRIs) from Indian citizens. Generally, most NRIs are of the opinion that these laws are way too complicated, while actually they are not. An NRI or a person […]

CommonFloor Editorial Team

Online building approvals by GHMC

The Greater Hyderabad Municipal Corporation (GHMC) has taken a crucial decision for the integration of online building approvals with occupancy certificates and assessment of property tax. This would enable GHMC to bring in  more transparency into the system, avoid inordinate delays and check corruption to a large extend. The GHMCs town planning wing has already […]

ranjan.j

Mumbai Sees Significant Fall in Apartment Sizes

While most people are aware of the falling rupee value and the increasing real estate prices in the city of Mumbai, there may be very few people who may be aware that the average size of apartments in Greater Mumbai has significantly reduced in the last five years. Areas in Thane, Navi Mumbai and Mumbai […]

karthik.k

New affordable housing project in Pune

The Pune-based construction company Supertech Constructions, has launched a housing colony by the name Defence Colony, at Wagholi village in Pune. The residential colony offers quality apartments in a well-developed society, at prices which are approximately 20 to 30 % lower than the current market price. The residential complex is targeted at the defence, police […]

CommonFloor Editorial Team

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