Monthly Archives: June 2023

Studio Apartment in Bangalore for Rent without Deposit

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Millennials relocate to metropolitan cities in search of a better way of life, and most individuals have one thing in common: they are all looking for rental housing. Living in a studio apartment is a new trend on the market. Studio apartments are becoming increasingly popular. 

It is difficult to find a rental property that is both affordable and spacious in cities such as Bangalore. Given all this, living in a studio apartment might be a wise choice. 

Studio apartments in Banglore have a room, kitchen, and bathroom, so they’re ideal for bachelors or live-in couples.  

But if you have not decided yet, here are some studio apartment pros and cons to help you make a better decision:

Pros of renting a studio apartment in Bangalore 

  • Studio apartments are slightly less expensive and are ideal for those on a tight budget. 
  • Studio apartments are a low-maintenance investment that is simple to furnish and maintain. 
  • Because studio apartments are small, they help you save money on other expenses like lighting, cooling, and heating. 
  • Studio apartments usually sit in urban areas near commercial hubs and transportation options. As a result, residents of such flats benefit from the advantages of location and connectivity. 

Cons of renting a studio apartment in Bangalore 

  • They are not for everybody, particularly couples planning to start a family. 
  • They have room for decoration because too much furniture can make the space appear crowded. 
  • Because of limited space, socializing in studio apartments can be difficult. 
  • Studio apartments in Banglore can be claustrophobic for people unaccustomed to living in small spaces. 

You are in luck if you are looking for a studio apartment that needs little space, money, services, or amenities. The amenities in Bangalore’s studio apartments for rent will leave you wanting more. Continue reading to learn more about the facilities. 

You can have a fulfilling experience while getting a fully furnished room. Regardless of changing preferences, everything comes down to affordability. Given their tight budgets, millennials prefer living in affordable and convenient housing. You can enjoy all of the luxury and amenities of a studio apartment for rent in Bangalore at an affordable, all-inclusive rate. A studio apartment in Banglore uses technology to improve security in rental homes, such as biometric cards, facial recognition, CCTV, sensors, and so on, making it easier for the residents. 

If you are looking for a studio apartment for rent in Bangalore, this is the place to be. Whether you’re a bachelor, a working individual, or a live-in couple, these studio apartments are for anyone seeking a suitable lifestyle on an affordable budget. 

Apartment for Rent in Coimbatore Awaits You

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Coimbatore, also known as Kovai, is a major city in Tamil Nadu, routinely known for its essential industries, engineering goods, textile mills, educational institutions, health care facilities, traditional culture, and boundless hospitality. It is home to a large textile industry and, more recently, an electronics manufacturing hub. 

The real estate trends in Coimbatore have changed over the years, and apartments are now gaining popularity with buyers and investors to the point where modern apartment designs have evolved. Because of its welcoming green pastures and hospitality, Coimbatore’s growing real estate market is seeing a significant increase in demand. 

Benefits of renting an apartment in Coimbatore

Pleasant weather: Coimbatore would be the best place to live due to its year-round pleasant climate. The city is full of friendly people who adhere to great culture and offer a warm welcome. 

Nature divine: A cosmopolitan city with breathtaking natural surroundings, it’s famous for its tastiest “Siruani Water,” after the Nile. 

Development: Coimbatore’s expanding IT infrastructure and easy connectivity can support businesses. Because of its essential amenities, the city attracts significant investment. 

Connectivity: The city is home to numerous universities, engineering colleges,   medical colleges, and other educational institutions, as well as healthcare industries, and it has easy access to major South Indian cities. It is one of the main reasons to rent an apartment in Coimbatore.  

The ideal location:  Apartments in Coimbatore are great for families, children, working parents, and college students. Coimbatore is a great place to buy your dream home because it has world-class institutes for technology, engineering, and arts, as well as some of the best schools in the area. The city is ideal for families to relocate to because it is not only urbanized and overcrowded. 

We are guaranteed a great future: Many jobs are available in various fields of interest due to the growing BPO, engineering, Computer hardware, and IT sectors. The gleaming city of Coimbatore is a beacon of hope for most rural people who come to fulfill their dreams. 

A flourishing metropolis: Coimbatore is a thriving metropolis in Tamil Nadu, with new buildings, stores, cinemas, restaurants, parks, and shopping malls sprouting up in every direction. A city where social and cultural life is thriving, it is one of the state’s fastest-growing cities. 

Coimbatore is Tamil Nadu’s third-largest city and one of its most industrialized. It is popularly known as the textile capital of India, like Manchester in England. 

Coimbatore has become the best city to live in due to its growing industries and proximity to world-class educational institutions. Students and working professionals, in particular, prefer to live in locales with excellent amenities and reasonable prices. So, if you’re looking for the best places to live in Coimbatore, we will tell you where you can live comfortably. 

Kovaiputhur

The western Ghats surround Kovaiputur, a residential township. Because of its cool climate and peaceful beauty, it is Little Ooty. This township has numerous schools and colleges, with a residential hub for many families. This area also has many playgrounds for children and parks for recreation. It has good transportation to other parts of the city. 

It also has religious sites and easy access to banks, supermarkets, and hospitals. In a nutshell, this is one of the best places for families to live. 

Gandhipuram

Gandhipuram is the city’s commercial district and its beating heart. This area, located in the city’s center, is a popular spot for shopping and entertainment. It is also a bus transportation hub. Many IT companies and commercial shops call it home. Gandhipuram is the best place to live in Coimbatore because it is close to important landmarks. It has a garden and a play area for children for its residents. Gandhipuram is the best place to live because it is close to important landmarks. 

Saibaba Colony

Saibaba Colony is a posh residential neighborhood in Coimbatore. It has good access to nearby areas such as Gandhipuram and RS Puram. The name stems from the Saibaba Temple, located in this area. This area consists of individual and residential properties. This location has the most public and private sector banks. Furthermore, this location is well-known for its restaurants and shopping malls. This neighborhood has well-kept parks where residents and visitors can enjoy a pleasant morning or evening stroll. 

Thondamuthur

Thondamuthur is a suburb within the Coimbatore Corporation. It is one of Coimbatore’s rapidly developing urban suburbs. This area has a good number of housing complexes and properties. Thondamuthur, surrounded by natural greenery, is one of the best places for families to live. 

Renting your dream apartment in Coimbatore would be the best decision you will ever make if you want to settle in a quiet and wonderful place in the entire state. 

Private Bungalows on Rent in Alibaug with Swimming Pool

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Are you looking for a relaxing getaway to spend time with your family and friends? Alibaug is the perfect place for your next vacation! With its lush greenery and breathtaking views, this paradise offers some of the most luxurious private bungalows for rent.

Whether it’s a romantic getaway or an extended staycation, these villas provide the luxuries of home and lavish amenities to take your vacation to the next level. 

The most valuable gift you can give your family is quality time. Bungalows in Alibaug are an excellent choice for a vacation destination where you can spend quality time with your spouse, children, and parents. 

Read the full blog to find top–of–the–line villas that will be the ideal setting for your family’s long-awaited vacation. This destination’s lush green landscapes and beautiful blue waters will steal your heart!

Why choose private bungalows on rent in Alibaug?

A private bungalow in Alibaug is the ideal holiday destination. It has beautiful beaches, multiple activities, and some of the most spectacular views in India. Staying in a luxury villa allows you to relax and enjoy your vacation like never before. 

Booking the best villas in Alibaug is the ideal way to experience everything Alibaug provides while remaining comfortable and convenient. With spacious bedrooms, plenty of outdoor space, your pool, and amenities like WiFi and parking, these villas are ideal for a gateway. 

Plus, with amenities like elevators with air conditioning rooms and personal services like daily housekeeping staff, it is easy to see why staying at one of these luxurious private bungalow villas is so appealing. 

Benefits of renting a private bungalow in Alibaug

By staying in a bungalow, you may walk out your door and be in the heart of one of India’s most exciting cities. Alibaug has several attractions and sights worth seeing, including the trendy Kolaba Fort and the lovely Alibaug Beach. 

A private bungalow can accommodate up to 24 guests by providing extra mattresses and bedding, allowing you to bring your entire family or a few friends on vacation. 

Furthermore, private bungalows in Alibaug have elevators, which can be extremely useful when traveling with elderly guests or small children. Some bungalows also have a swimming pool, so it’s ideal for children and adults. 

You will have plenty of time to unwind and relax in the heat of the day at the pool. 

There is something for everyone: table tennis, carrom, billiards, and a life-size chess board. Aside from these, we have a fully stocked private theater for entertainment. 

A private bungalow is equipped with modern amenities to make your stay memorable. The bungalows are easily accessible to all areas of Alibaug, including restaurants, cafes, shopping malls, and markets. 

Places to Visit in Alibaug

While spending your vacation in a luxury bungalow, you can take a stroll to Alibaug Beach, Kolaba Fort, Varsoli Beach, Murud Janjira Fort, Brahma Kund, Kihim Beach, Kanakeshwar Forest, Vrindavan Farm, Rewas Jetty, and Murud Beach.  

What’s the best time to visit Alibaug? 

Alibaug is a charming coastal town that is ideal for a vacation getaway. This picturesque town, located close to the bustling city of Mumbai, provides visitors with a much-needed respite from the hustle and bustle of everyday life. 

The best months to visit Alibaug are October and November when temperatures are mild and humidity levels are at their lowest. 

During these months, Alibaug offers several things to do to keep you entertained. There is no shortage of fun things to enjoy here, from exploring ancient temples to taking long nature walks along pristine beaches. 

If you want an unforgettable experience, staying at a private bungalow on rent in Alibuag can be a great way to make your trip even more memorable. 

Studio Apartments in Mumbai for Rent and Sale

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We all desire an inner sanctuary. A place that’s always ours holds the most intimate secrets and witnesses the most intense joys. It’s a place that lets you tune out the outside world and concentrate on what matters. Whether you live in a BHK-style apartment or a sprawling city mansion, there is the perfect home for you. Only one living area with enough space for a kitchen/kitchenette and an adjoining bathroom may suffice for a professional worker or a single person living alone. 

Maintaining an area may be a time-consuming issue in this day and age when our primary goal is to advance in our careers. Aside from the convenience, the residential property market’s values are increasing. That’s where studio apartments come in. Demand for these residences keeps rising in India’s metropolitan cities like Mumbai. The sales for these residences are bound to grow. Can the modern housing industry appeal to everyone? Continue reading to learn more about studio apartments for sale and to rent in Mumbai.

What is a studio apartment? 

Studio apartments include a living room, a bedroom, a small kitchen, and a bathroom. Some of the studio apartments have partial walls that serve as dividers. Guests, for example, will have some privacy if full-wall divides are applied. A studio apartment is a living space with an inside room, kitchen, and bathroom. Studio apartments are frequently small and cramped.  The bathing area is separate from the rest of the flat. 

Considerations when selecting a studio apartment in Mumbai 

  • Create a budget: Prices for residential apartments vary depending on location, project type, and the numerous amenities that the builder offers. Before looking for a studio apartment, it’s best to start with a budget. 
  • Examine the living space: A studio apartment refers to a property with a single room. 
  • Check for infrastructure accessibility:  Look for convenience stores, shops, supermarkets, and physical infrastructure. It is also essential to understand and consider whether employers or educational institutions are easily accessible from the neighborhood. 
  • Consider facilities and features: Before you choose a studio apartment in Mumbai, consider its amenities. Fully furnished luxury studio apartments in Mumbai have more space with furnishings and equipment. A studio apartment with lots of natural light is another viable option. 

Benefits of purchasing or renting a studio apartment in Mumbai

Studio apartments in Mumbai are typically small, but they offer many advantages to tenants and owners alike. These advantages are as follows:

  • The studio apartments in Mumbai require less and less maintenance.
  • The rent for a studio apartment in Mumbai is frequently less than that of other residences. 
  • Studio apartments usually appear in Mumbai in central locations with excellent transportation options. 
  • Studio apartments in Mumbai are ideal for singles due to their small size.
  • Studio apartments in Mumbai use less energy, so the power bills are generally lower.  
  • Studio apartments are less expensive than other options. 

Disadvantages of studio apartment

While studio apartments in Mumbai are fashionable and have numerous advantages, there are a few things to consider before purchasing one. Consider the following factors: 

  • The studio apartments in Mumbai aren’t a perfect fit for larger families. 
  • The studio apartments in Mumbai have limited space and no clear boundaries within the apartment. 
  • The studio apartments in Mumbai don’t have enough closet space. 
  • In a studio apartment, there is a breach of privacy if a guest arrives. 

A studio apartment in Mumbai

A studio apartment in Mumbai includes a living room, a bedroom, a kitchen, and a bathroom. Partial walls may exist to create separation in studio apartments. If you have a wall, you will have some privacy if people come in. 

Studio apartments in Mumbai are small and cramped. One of the most noticeable characteristics of a single-room living environment is the sense of intimacy it creates. It is not too small to cause claustrophobia, but it is also not too big to feel out of place. These apartments are typically between 250 and 750 square feet in size. For example, 250 square feet is about the size of a master bedroom, while 750 square feet is the size of a squash court.  

Who should be excited about purchasing or renting a studio apartment in Mumbai?

Studio apartments are an excellent choice for both buyers and renters. It s best suited for solitary working professionals or single city dwellers. 

Furthermore, a lack of funds may entice families to choose studio apartments. Individuals and families seeking rental income should consider purchasing studio apartments. A studio apartment in a desirable location in Mumbai can generate significant profits. 

Studio apartment rental returns 

As previously mentioned, a studio apartment in Mumbai is an excellent investment if you intend to earn rental income. A studio apartment would be cheaper than a 2 BHK or 1 BHK home. In contrast, rental returns are more proportional. 

A typical studio apartment in Mumbai could fetch between Rs. 5,500 and Rs. 15,000. It is critical to understand how market dynamics and location influence and determine the rent of a studio apartment. A studio apartment for rent in Mumbai can be more expensive than one in smaller cities. 

Lastly, 

We all want a home that combines all of the necessary amenities with a touch of warmth and comfort. The best things frequently come in small packages, and a studio apartment in Mumbai is one of them. We may lack the necessary financial resources, time, or availability to manage a home. But does this leave working professionals or single individuals with no practical options? Not 

These flats have been a lifeline for people looking for manageable living spaces at a reasonable price. These apartments have been a lifeline for people seeking manageable living areas for an affordable price. A studio apartment in Mumbai is a single room divided into several functional sections. A studio, also known as an efficiency apartment or bachelor apartment, is incredibly efficient and excellent for a minimalist lifestyle. 

How to Calculate Area of Land in Square Feet

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Knowing how to calculate the area in square feet is a helpful skill that is simple to learn and can help you tackle DIY home projects easily. Once you know the total square feet of a surface area, you can calculate the cost of materials for home improvement projects such as painting or laying new floors. 

Understanding square feet will improve your renting literacy- you will know how much space those numbers equate to and whether your queen bed and area rug will fit in your new bedroom. Finally, understanding square feet allows you to calculate the price of your space by dividing rental or real estate purchase prices into a price per square foot.  

What is a square foot?

Square footage is simply the amount of flat space that covers an area. Assume you know that your room is 8 feet wide by 12 feet long. You understand the width and length, but what about the surface area?

How do you know if your furniture will fit comfortably in the room? The square footage will inform you of the size of the area you’re dealing with. Based on how much usable square footage you have available and how much square footage your bed’s footprint will cover, this calculation can help you decide what size rug to buy or even if your room can fit a full or queen-size bed. 

Tip: Knowing the dimensions of your furniture can assist you in planning the best arrangement for your specific space. A footprint is the amount of space an item occupies on the ground, such as a piece of furniture, which, like your footprint, will cover an area of your room. 

How do I calculate square feet?

To calculate the square footage of any area, simply multiply its length and width (how tall x how wide). Because square feet are the most commonly used measurement in the United States for room sizes and DIY home supplies, the unit of measure will affect how you calculate square footage.  

However, using the basic formula, it is simple to convert other units of measurement to inches or yards. 

The basic formula for measuring Square Feet 

To calculate feet squared (or sq. ft. for short), first, determine the length and width of the area in question. Square feet are found by dividing the length by the width. You can use the following basic formula:

The area in square feet is length (in feet) x width (in feet).

If you do not know what a square foot is, draw a square 1 foot tall by 1 foot wide-you had one! Each of those squares stacked against each other equals every wall, followed by fabric sheets, wallpaper, etc. You are measuring the total area of a structure rather than just how tall or wide it is. 

How do I search for square feet in different types of rooms?

  • Rooms with closets are similar to rectangular rooms with small rectangular add-ons. Calculate and total the square footage of each rectangle. 
  • Rectangular rooms: Simply follow the formula to calculate the area of a room or the area with a square or rectangular shape. 
  • Odd-shaped rooms: The standard tool for measuring area can be used in odd-shaped rooms too. Simply divide the room into separate parts that are easy to calculate separately and total the results. If you have a lot of angles in your room, use this triangle formula- it is just a rectangle or square cut in half!

What is the available square footage?

In a commercial real estate setting, “usable square footage” refers to the total square footage a tenant can use, excluding common areas such as stairwells, hallways, and lobbies. 

In a residential real estate context, usable square footage refers to the surface area of your personal space in the household versus common areas such as hallways, storage closets, and shared spaces such as kitchens and living rooms. 

The bungalow provides private rooms in shared homes that are less expensive than single-person housing options in the same neighborhoods. Wifi and utilities, are up before you move in to make co-living as easy as possible. 

Unlike other forms of shared housing, Bungalow vets all residents and pairs you with roommates who share your living preferences and interests. 

How to Get Land Record Information in West Bengal

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The West Bengal government launched Banglarbhumi, an online web portal for land records and reforms. Anyone can use this portal to obtain land and property-related information, such as the owner’s name, land area, plot number, property value, and current owner. 

Details about the land/ property are critical to the buyer or owner of the land/ property.

As a precaution, if a person wishes to purchase any land/property, he should inquire about the information. 

These details could be as simple as who registered the land or who is the current owner. 

The Banglarbhumi portal provides this data alongside a land map for land/ properties in West Bengal. It also helps entrepreneurs who want to establish new industries in the state by informing them about the infrastructure available at the proposed location. Someone can also retrieve information about his block by entering the district and block details. 

Deed Registration 

A property registration deed is a binding contract signed by two parties. When the property goes in the buyer’s name, they become the legal owners. This contract, known as the purchase/land deed, must be signed with the government. 

A purchase /land deed can be registered here. The e-appointment for signing up for this deed can be on the same website.

 E-payment is required for both registrations if the stamp duty payable on the deed exceeds Rs. 10,000/- and the registration fee due exceeds Rs. 5000/-, or both.  

This registration procedure is linked to the Income Tax Department, allowing PAN verification at the point of registration.

Application for Mutation Online

A mutation is a process of changing the title/ownership of property from one person to another when the property goes on sale. However, only when a property is registered can the mutation process begin. 

The mutation form is available on the Banglarbhumi web portal. Here, 

  • To avoid application rejection, the user must correctly fill out all the required information. Fill out the form completely and submit it. 
  • Upon submission of the mutation form, a reference number is assigned to the application. 
  • The user can use this application number to check the status of the application. 
  • Following registration, the user can pay the fee via the ‘Online Application Menu’ by selecting the ‘Fees Payment’ option. 
  • Before proceeding to the payment option chosen, the user must primarily enter the request type and application number. 
  • The mutation case number is immediately registered if the user pays the fees in ‘online mode’ (debit card/net banking). 
  • Assume the user pays the fees via the ‘counter payment’ option (offline). In this case, the user can check the status of his payment and registration by selecting the ‘Application-GRN Search’ option from the ‘Online Application’ menu.

Online request for a certified copy of plot information/Record of Right (ROR)/ plot map

West Bengal residents can obtain certified copies of the plot information/ROR/plot map by following these simple steps:

  • Navigate to http://banglarbhumi.gov.in/
  • Log in to your account by clicking on the ‘Citizen services’ tab. 
  • Choose the ‘Service delivery option’ from the menu bar. 
  • Select your requirement-ROR Request/Plot Info Request/Plot map from the ‘Service Delivery option’ in the menu bar. Request/ Request GRN search/ Reprint Application/ Receipt. 
  • After selecting the required option, they will be taken to a new page where they will be required to fill out the requested information. By clicking on ‘calculate fee,’ you can also automate the calculation of fees. 
  • In this case, online payment is required. 

Property Information 

Follow these steps to obtain information about property/ land records: 

  • Navigate to the Banglabhumi website’s homepage and select “Know Your Property” from the Citizen Service menu. 
  • Enter district, block, and village information. 
  • Use the ‘Khaitan number’ or plot number to find the data you require. 
  • The user will receive the required details once the appropriate number is submitted and matched with the records. 

How do I look up land records in West Bengal using a query number? 

When you go to the ‘Query Search’ tab on the Banglarbhumi home page, you can also lookup for land records in West Bengal information about your query. Simply enter the query number and year. Enter the captcha to view the details on Banglabhumi.

How do I check the RS – LR information on the Baglarabhumi website?

  • Visit the Banglarbhumi official website to verify the LS-RS information.
  • On the following page, go to banglarbhumi.gov.in 2020 citizen service and select the RS/LR option. 
  • Choose the district name, block, and village on the Bangla Bhumi website. 
  • Click on one of the two options: RS or LR on the Bangla Bhumi website. 
  • Enter the plot number and click on ‘Search on the Bangla Bhumi website.’

Kerala Shops and Commercial Establishment Act 1960

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The Kerala Shop and Establishment Act 1960 intends to legalize businesses and safeguard the rights of employees. This law establishes the necessary guidelines for Kerala’s annual salaries, leaves, working hours, holidays, maternity leave, and other benefits. 

Companies must register under this act to get a mandatory license to run a business successfully in Kerala. Companies must register following this act to obtain permission to run their businesses in Kerala well. This guide provides details on shop and establishment registration in Kerala. Keep reading to learn more. 

Definitions 

An establishment or administrative service where the employees are primarily engaged in office work, a hotel, restaurant, boarding or eating house, cafe or any other refreshment house, a theater or any other place of public amusement or entertainment, and any other establishment that the government may, by notification in the Gazette, declare to be a commercial establishment are all considered to be commercial establishments. 

“Establishment” refers to a store or other place of business;

A shop is any establishment that engages in trade, business, or customer service. Whatever the location, it also includes any offices, storerooms, godowns, or warehouses used in connection with such sales or companies. However, it excludes commercial establishments and shops attached to factories where employees are entitled to benefits under the Factories Act of 1948. 

Eligibility Requirements for Registration Under the 1960 Kerala Shop and Establishments Act 

Every business establishment located in Kerala state territory is subject to this act. Every service, no matter how big or small, must register. Therefore, shop and establishment registration is necessary in Kerala for all retail stores, lodging facilities, restaurants, theaters, and public entertainment venues. 

The Kerala Shops and Commercial Establishment Act Exempts Certain Establishments from Registration

This law contains some exemptions. The list is as follows: 

  • Employees working in a management position in any establishment employees in management positions in the organization. 
  • People who give services that involve traveling people who provide travel-related services. 
  • Central or state government undertaking establishments for essential or state government undertakings. 
  • Establishments under local authorities 
  • Cantonment authorities and establishments under the Reserve Bank of India.
  • Shops and establishments in marketplaces where temporary fairs are occasional stores and businesses located in areas with frequent temporary fairs. 
  • Establishments that do not fall under the Factory Act of 1948. 

How do I register establishments and shops online in Kerala?

The steps that are required to register under the act:

  • Visit the official website of the Kerala government’s labor division as your first step. 
  • After reading the relevant instructions, click “Proceed” after selecting the “Online Registration” tab. 
  • Step 3 is to choose the district name and registration office after choosing the Kerala Shops and Establishments Act 1960. 
  • Locate the key areas, which are:
    • Name of the company and the manager, 
    • Name and mailing address of the businesses, 
    • Name of the company and the kind of business 
    • Number of males and females employes  
    • Owner’s mobile number, etc. 
  • Step 5: Download the format for the employee information, complete the fields, and click “apply.”
  • Step 6: Write down the temporary registration number and the application number. 
  • Step 7 is to download the challan and make the necessary payment. 
  • Step 8: Display and print the application using that temporary registration number. 

Registration Paperwork for Kerala Shops And Commercial Establishments Act 

To register, applicants must submit the following paperwork: 

  • Details of the employer or manager. 
  • The trust deed, partnership deed, or association documents.
  • Bank details 
  • For rented shops, a rental deed is necessary. 
  • Managers, directors, and officers.
  • Details of applicants’ PANs and Aadhaars 
  • List of employees and their names, address, date of birth, workplace designation, and year of joining. 
  • MOA or AOA 
  • Certificate of incorporation 

Registering Under the Kerala Shops and Commercial Establishments Act: Required Documents 

The following fees need to be collected for applicants to register their stores and other businesses in Kerala: 

  • No employees – Rs. 10 
  • 50 rupees for five workers 
  • 5-10 employees – Rs. 50 
  • 10-20 employees – Rs. 200
  • 20-30 employees – Rs. 300 
  • 30-50 employees – Rs. 500 
  • 50-100 employees- Rs. 1000
  • Above 100 employees – Rs. 2000 

Steps for Kerala Shops and Commercial Establishments to Check Application Status of Registration 

You can check the status of your application using a straightforward process. These are as follows: 

  • Step 1: Visit the official website of the labor department of the Kerala government. 
  • Step 2 is to enter the registration number. 
  • Step 3: Complete the captcha and select “show.”

Validity of Shop and Commercial Establishment Registration Certificates in Kerala 

This registration certificate for a shop and commercial establishment in Kerala is valid for one year from the issue date. Applicants must apply for certificate renewal at least 30 days after the certificate’s expiration date. 

Continue reading if you want to know how to renew your certificate. 

How do I renew a shop license online in Kerala?

Applicants must renew their licenses every year. Otherwise, they may encounter difficulties in running a business. This renewal process is as follows: 

Step 1: Go to the Kerala government’s official labor department website. 

Step 2: Navigate to the portal and select “online renewal.”

Step 3: Go to the license renewal page by picking “online renewal.”

Step 4: Select “renewal of registration” as the renewal type. 

Step 5: Review your license information in the following window. 

Step 6: Next, select the period of renewal for the option. 

Step 7: Download the employee’s details format, fill in the blanks, and next select the Browse tab. 

Step 8: Finally, choose “apply for renewal.”

Kerala Shops and Commercial Establishments Act Rules  

Here are some of the most essential rules for shops and commercial establishments in Kerala. 

  1. Employment of Women, Children, and Young People

This act prohibits children from working in shops or commercial establishments on the state’s territory. Women and minors under the legal limit of 17 are not allowed to work before or after 6 a.m. or after 7 p.m. 

  1. Working Hours

 Employees should limit their work to eight hours per day and forty-eight hours per week. Working hours should be limited to ten per day, including overtime. Employees should not also work for more than four hours without a break.  

  1. Exemption of work 

Pregnant women are exempt from working before delivery or for a specified period after delivery. They are also not permitted to carry loads while pregnant. 

  1. Regulations and Work 
  • A company will not fire an employee who has been with them for more than six months without good reason.
  • Organizations must provide at least one month’s notice to employees who have not served for six months. 
  • Employers must pay their employees’ average daily wages for the leave they receive. 
  • Employers should pay holiday pay to employees who have served for at least a year. 
  • Employers must keep a copy of the license in the shop or commercial establishment premises. 
  1. Week-off

Every store and commercial establishment should be closed at least one day per week. Shop owners should post this closing day in a visible area for customers. This day, however, should be changed more than once every three months. 

  1. Annual leave Paid

After 12 months of service, employees get access to 12 days of paid vacation. You can extend it for a maximum of 24 days. Furthermore, under Section 13 (2) (a), employees with wages are entitled to twelve sick days for accidents or sickness. 

  1. Employees’ Rights
  • Employees may request special leave for sterilization. 
  • Casual leave for 12 days is allowed for employees with filled wages. 
  • Employees may only put in fifty hours of overtime per quarter. 
  • Employers should pay employees twice as much for overtime. 
  1. Penalties

There is a risk of being penalized if all rules and regulations do not apply correctly. 

  • Breaking the rules of the Shop and Establishment Act can result in a penalty of $250 plus an additional 10 per day if the cause of the cost persists. 
  • Any violation of sections 6, 8, 9, 11, 12, 13, 13A, 14, 18, 21, 21A, 22, 5D, 5E, and 5F are punishable. 

The Advantages of the Shops and Commercial Establishment Registration Act in Kerala 

The advantages of Kerala shop and establishment registration are listed below for convenience. 

  • It serves as legal proof for the shop’s and establishment’s owners. 
  • The registration certificate grants the right to operate any business within the state’s borders. 
  • Applicants who hold this certificate are eligible to open a current business bank account. 
  • The certificate holders can supplement the state government’s inspections. 
  • Business owners who register under the act are eligible for government benefits for small businesses. 

Save these details about shop and establishment registration in Kerala to start your business within the state. The procedures outlined in the guide will make it easier to complete the registration process.  

Lake View County Apartments for Rent

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The routine of waking up with responsibility, following the rules, navigating congested traffic, and meeting deadlines continue throughout the typical day. After overcoming the challenges of daily life, a home provides comfort and safety. So why settle for an abode that fails to take the day out of your mind?

Metro cities only offer the two options of “splurge-or-adjust,” where you can spend a lot of money to get a large home or stick to a tight budget and settle for a cuboid. 

In contrast, greenfield projects in cities like Hyderabad, Pune, Chennai, and Ahmedabad have emerged with luxurious apartments and low-density complexes with large acres. 

In addition, Hyderabad currently leads the top eight Indian cities in terms of the number of housing sales per year as of 2022. A benefit is that cities that offer affordable housing are now more in demand!

A few benefits of renting a Lakeview County apartment are as follows:

A Fresh Breath of Air 

Polluted air, deteriorating health, and an intolerably hot climate are all costs of city life. However, when there is a water body nearby, it sends cool breezes your way. This lake breeze comes from regional variations in the wind that travel from water to land due to a temperature difference, typically from a lake or an ocean. 

Lakeview County apartments can be an excellent option to stroll along the shore for the utmost tranquility. Living in such an environment only has a few benefits, such as rejuvenation and good mental health. 

Individualized Space 

Most lake-view County apartments have limited separation, creating the impression that each unit is a singular space. The Lake View County apartments are conveniently isolated from the demanding and crowded areas of the focal city. As a result, you can anticipate more carpet space than in other projects with comparable configurations. 

Aesthetically-Pleasing 

Imagine waking up to serene waters that frame your small world and serve as a constant reminder that, despite the daily grind, all you need to get through the day is a brief moment of peace. 

Beyond aesthetics, living by a lake is considered a form of luxury. You can feel your inner energy rising by sipping tea while taking this ethereal view from your balcony. 

Property tax reduction 

Every owner of the property is required to pay property taxes. We all want to spend as little tax as possible while maximizing our income. That is why living in a lake-view county apartment is an outstanding choice.  It is so because the property tax for a piece of land is significantly less than that for an apartment or an item of commercial property. 

Passive Income Stream 

A Lakeview County apartment is related to the type of vacation as well. As a result, many households and working professionals prefer to rent cozy apartments with intriguing scenery. Such apartments get steady returns for homeowners. 

Conclusion 

We hope you know more about the main justifications for renting a Lakeview County apartment. Every type of person can find the best Lakeview apartment at a fair price. 

2 BHK Fully Furnished Flats in Gurgaon for Rent

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Are you looking to rent a 2-BHK flat in Gurgaon? If yes, then you’re in the right place. Today’s blog is about 2-BHK fully furnished flats for rent in Gurgaon with all the luxury and necessary amenities you require. 

India is moving forward quite rapidly after boarding the development train. India’s economy has exploded lately and is undoubtedly a rising global power. Another thing to consider is the nation’s population, which is rapidly increasing. As a result, there are now lodging issues all over the country. Because everyone’s income is different, no one can afford to buy a home for themselves. Real estate brokers in India have begun to offer rented flats in Gurgaon. 

Gurgaon is the National Capital Region for employment. It increases demand for rental properties in Gurgaon, also known as Gurugram. 

Before renting a flat in Gurgaon, you should be aware of the advantages and disadvantages, as you’ll spend your income there.  

Advantages of renting a 2-BHK fully furnished flat in Gurgaon 

When searching for 2-BHK fully furnished flats in Gurgaon, you must be sure the purchase is worthwhile and will provide you with returns on your investment. The following are some benefits of renting a flat. 

  • No Maintenance- You won’t have to worry about maintenance if you rent a property. Let’s say you’ve rented a fully furnished flat in Gurgaon, and the owner is having trouble keeping it up because you’re paying rent. 
  • Tax Saving- The significant tax burden you face decreases when you lease space. Reputable employers offer an HRA to staff members deemed exempt from income tax. 
  • When you don’t have a permanent address, you can move to your preferred location. You can call or email a real estate agent to learn about every option if you’re looking for a flat for rent in Gurgaon. 

Disadvantages of 2 BHK fully furnished flats for rent in Gurgaon 

  • No equity exists in a rental flat in Gurgaon or another location. You pay rent for the entire period. 
  • Loss of Value- The biggest drawback of renting a place is that the rent you pay represents a loss of value that allows you to purchase a home. 
  • Control of the Owner- When residing in a rented home, you must abide by the landlord’s rules and regulations. For example, if you are looking for rent in Gurgaon, you must follow the owner’s rules and have no authority to change the property. You must utilize the area you are in according to the instructions that came with it. 

The procedure for creating a lease agreement in Gurgaon

Create the rent agreement- It is necessary to formalize the tenancy procedure, draft a sample rent agreement, and reach an oral agreement between the tenant and landlord regarding the upcoming tenancy. The lease agreement shall contain the rental terms, the lease period, the monthly rent, the security deposit, and any other requirements that may apply. It is significant to note that verbal agreements between the tenant and landlord are less formally enforceable if they do not appear in the rent agreement. 

Purchase a relevant non-judicial e-stamp paper- One must purchase e-stamp papers of the necessary value while paying the required stamp duty and registration fees to record the lease contract in the Gurgaon government’s records. In later sections of this article, we’ll talk about Gurgaon’s rent agreements, stamp duty, and registration fees. A tenant and the landlord can buy the stamp papers in person or online. E-stamping vendors sell both physical and electronic stamps. 

Register yourself- Visit the sub-register office in Gurgaon to file a rental agreement. 

What paperwork is required in Gurgaon to register a lease?

  • Duplicates and originals of each party’s identity documents. 
  • Originals and copies of the tenant’s and the landlord’s proofs of residence
  • Demand draft for registration fees
  • And two passport-size images of each the landlord and the tenant. 

(Aadhaar cards, voter ID cards, driver’s licenses, and passports serve as ID cards and legitimate address documents.)

How much does it cost to rent a home in Gurgaon?

The average cost of living in Gurgaon and the cost of renting a home may vary from person to person, but the location of your home will determine your lifestyle and entire monthly budget. The infrastructure and status of Gurgaon, which operates by the Haryana Urban Development Authority (HUDA), are those of a planned city. 

Gurgaon’s neighborhoods are welcoming and modern. Getting to work, though, might be challenging due to Gurgaon’s chaotic public transportation system. Consider buying a home less than 5 km from Gurgaon because of the costs, commute times, and safety risks. 

The best areas of the country reside in Gurgaon. From Rs 10,000 and up, you can find a flat in a respectable gated neighborhood. Finding a place in Sectors 1-24, 14, 31, 40, 45, and 46 would be ideal given your convenience and commute time to work since they are less expensive than a few apartments around Sector 25 onwards. Avoid Sector 65 and the areas beyond the Golf Course Extension because they are lavish and costly. Around Sushant Lok, one can ideally find a good balance of rental trends and neighborhood. Apartments in Sushant Lok have better amenities and facilities than most other apartments, despite being slightly taller. 

Before you settle in 

Inspect the flat 

Take time to thoroughly inspect your new apartment before you pack your belongings and load the truck. If you can, walk through the flat with the owner or landlord to see if any problems need to be solved. Yes, it also includes that broken tap. 

Rental agreement

When you are ready to sign the lease for your apartment, carefully read the entire agreement to prevent unpleasant surprises or additional fees from your landlord. Be sure to read the rent clause, incremental rent clause (if any), repair and damages, maintenance fees, and other charges with care. Ensure that you’ve scoured the agreement for specific details. If not, feel free to ask the owner. 

Social Norms and Regulations 

Every society has laws and requirements to maintain a stress-free living environment. Some cultures might be conservative concerning hosting late-night gatherings, keeping animals, listening to loud music, or inviting guests over frequently. Before moving in, verify all of your questions and doubts are clarified. You can consult the resident’s guide or merely ask your landlord. 

Conclusion 

The time to wrap up the entire house-hunting process is now. Kick back your feet and relax while you take a breath. Keep a positive attitude and continue looking for a home. Gurgaon is undoubtedly India’s most stylish and modern city. Life in Gurgaon is constantly buzzing with energy and opportunities, even though it is unlike life in any other city. You can find 2-BHK fully furnished flat in Gurgaon, whether renting a place.

The Freedom Property Investors Advantage: Invest with Confidence

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Have you recently heard of Freedom Property Investors and want to learn more? Then you’re in the right place. 

Let’s begin. 

The two founders of this property mentoring service are Scott Kuru and Lianna Pan. I find it impossible to imagine this business running with just one person because they complement each other. 

Over the past ten years, they have changed lives as part of their mission to transform society through real estate investing. Their advertisements have started to appear on social media in the last two to three years, sparking an increase in interest from all sides. 

Some people have expressed skepticism, especially on Reddit, while others have praised their company. After all, people who paid for their mentoring have left them more than 500 reviews. 

You get to see numerous properties that fit into your 10-year property investment plan after paying the purported $3,000 membership fee. You could get discounts and rental guarantees because they are off the beaten path. The Scott Kuru team has carefully chosen these properties, and occasionally they are also making investments. 

The entire purpose is to collaborate with you over the long term. The company wants to help regular investors grow their portfolios by using their in-house team to make the procedure as easy as possible. The other option is to travel alone and take care of yourself. 

The membership members were what I enjoyed seeing the most. What I liked seeing the most were the membership members. Many of these people have high incomes, are intelligent and educated, and did their research before investing. 

How long will it take the property to make a profit? I do have that question, for sure. 

I favor producing digital assets. These are websites that make money and generate a ton of cash flow. I’ve even made some impressive profits when selling websites. 

Compared to investing in real estate, I was able to replace my income more quickly and lead a nomadic lifestyle. Before the year 2020 even began, I was working from home. 

Although mostly inactive, these content websites will take some time to gain popularity. This is related to building a portfolio of physical properties. You must exercise patience and take a long view. 

For others, owning property may be too long of a strategy, especially if you aspire to retire overseas or simply retire in Australia over the next few years. 

You’ve likely seen a lot of negative comments about Freedom Property Investors online from sites like Property Chat, Reddit, and other places. These guys’ recent explosion hasn’t done their reputation any favors. 

When you cast a wide net, you occasionally attract lots of haters. These individuals have a history of hatred or narcissism. Some of these criticisms are reasonable because you can receive constructive criticism. 

I advise doing your research and due diligence on real estate investment deals or education businesses that fall under this category, even though they have the best intentions. Even though you might get some incredible deals and fantastic outcomes, especially in these difficult times, you might also end up with a less-than-stellar property. 

If you lack the time, the desire, or the confidence to conduct in-depth research on property investing on your own, Freedom Property Investors can be a huge help. Most of these companies have in-house mortgage brokers who can assist. 

Compared to a buyer’s agent, who usually charges $ 30,000, they are similar yet distinct. If you’ve done extensive research and it feels right for you, then I’d suggest moving forward with anything. 

Through 2022 and beyond, I’d also think about supplemental sources of income, especially if real estate investing might need to take a backseat for a while. 

Private Terrace Flat in Mumbai with Balcony for Sale

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Urban real estate markets have started to prioritize apartments with balconies. The demand for balcony space is constantly increasing, especially in a metropolis like Mumbai, to the degree that it is now necessary. Balconies are a common feature of apartments. The purpose of flats with balconies is to give residents access to a private standard of living and property value. 

Some people might hesitate to purchase an apartment building’s top floor, while others may want to live there exclusively. The top floor differs from the lower ones due to how living there feels. It provides fresh air and breathtaking views. The most amount of sunlight strikes it. Additionally, if you are on the top floor, you won’t have to put up with the noise of moving furniture or kids playing above you! Some people choose to stay at the top because they value these advantages. 

However, the top floor’s primary drawback is that it is considerably hotter than the other floors. People face many challenges residing on the top floor with private terraces and balconies in cities with extreme summer heat. Also, it is possible to feel water leaks from the roof on the top floors, but builders frequently ignore this. It is due to improper ventilation on the upper floors. 

Numerous studies have demonstrated that a residence with a private terrace with a balcony has many advantages and disadvantages. If you prefer views, you will enjoy living on the higher floor. You can see everything clearly if you look at it from above. You can get away from the bustle of the city while still enjoying plenty of daylight and a pleasant breeze. 

What is a private terrace? 

A terrace is an open space that may connect to or separate from a building. The entrances to a balcony, however, can differ. Most places have terraces where guests can go outside the hotel and get some fresh air. If the dimensions are correct in the new location, it will be possible to relocate the furniture on the terrace.

Outside, you might enjoy drinking coffee or tea while studying for tests. Anytime during the day, you are welcome to unwind and take a nap there.  Regarding public open spaces, your terrace offers privacy while still being outside. 

Benefits of  purchasing a Private Terrace Flat in Mumbai with a Balcony 

It allows one to feel more like a part of nature. 

You can unwind on a private terrace in a healthier and cozier environment. You can also create a lovely terrace garden to enjoy the outdoors. It will boost your immunity and be advantageous for you. If you have a sizable balcony with plants, your home will be better ventilated and experience a lower summer temperature. 

A reviving workplace 

Working from the same spot while seated in a living room or bedroom can get boring. It might limit your capacity for originality and creativity. It is especially valid for your lifestyle of working from home or for intense study sessions. You could take advantage of the fresh air by using the natural surroundings close to your house. 

A spot to relax and unwind 

On the terrace, you might enjoy reading your favorite book or sipping tea in the morning. At any time of the day, you can relax and nap peacefully. Unlike public parks and gardens, your terrace offers privacy while still being outside. 

Gardening space 

The increased oxygen flow caused by plants contributes to the air’s purification. On your terrace, you can grow visually appealing flowers and indoor plants to add aesthetic value to your house. Outside, you can also grow fruits, herbs, and vegetables. 

Pet-friendly area

Experts say an outdoor space is essential for your pets’ happiness and health. Taking your pets for daily walks or runs around your neighborhood, a private terrace may be a great and safe place to get some exercise and fresh air. With less anxiety and hyperactivity, the fresh air may vastly enhance their health. On the terrace, you might erect a small playpen for your pet. 

Real Estate Digital Marketing Services in India: Boost Your Sales Today

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Over the past few years, real estate digital marketing has become popular. The days of relying on local agents and newspapers for real estate listings are long gone. Nowadays, real estate is an online industry. The internet has allowed individuals to quickly find the real estate projects that best suit their needs. Real estate agents who deal with land and buildings have lost control of their needs. Real estate agents who work with land and buildings have lost control of their power; however, they are now realizing the value of digital marketing for real estate in India and making the necessary marketing investments to reclaim their dominance in the industry. Millennials (ages 23 to 38) search the internet at a rate of 98%, compared to baby boomers (ages 55 to 73) at 89% and the silent generation (ages 74 to 91) at 72%, according to a recent study. 

As a result, developing an effective real estate digital marketing strategy has become imperative. By creating an online presence, digital marketing also increases brand visibility. Buyers and real estate agents concur that digital marketing is the most effective way to produce high-quality leads. 

Benefits of Digital Marketing for Indian Real Estate

For online real estate businesses, digital marketing is a successful marketing strategy. Firms profit from the digital plan, which has allowed them to engage with customers online and transcend physical boundaries. Let’s examine each benefit of digital marketing for real estate in India in more detail: Take a closer look at all the advantages of digital marketing for real estate in India:

Sense of Brand 

Everything is accessible right now with a click. A company’s success depends on its ability to connect. Buyers no longer favor visiting the offices of real estate developers for information. Instead, they can quickly create a list of properties they want by filtering their needs and wants into a search engine. 

Using the advantages of digital marketing, developers can select their target market. Based on elements like geography, psychographics, and behavioral traits.  

To concentrate only on those eligible for the company’s product, narrowing the target audience is a wise move. It lowers the likelihood of a failing marketing strategy and creates an efficient and long-lasting business model. 

The Efficiency of Cost 

Compared to traditional marketing, the budgets for digital marketing are small. Take traditional outdoor media and a Google advertisement as examples. The ad from Google appears on a single platform that’s visible to everyone, regardless of location, whereas the outdoor advertisement has to be displayed in each town separately. Adjusting the message and switching platforms are part of the scope of digital marketing campaigns because they are measurable in real-time. 

Market across languages 

Readers are more likely to interact with content to understand it in their language. It builds customer trust and raises brand recognition and awareness. When a friend or family member suggests a property, the customer purchases it. To connect with their target audience more effectively, real estate companies should adopt a vernacular approach for their content marketing strategy. 

Target marketing

Developers can choose their target market by utilizing the advantages of digital marketing for their company. Based on factors such as geographic scope, psychographics, and behavioral characteristics to identify the audience. 

To concentrate only on those who are eligible for the company’s product, it makes sense to focus on a smaller target audience. It builds an effective and sustainable business model and decreases the risk of marketing failing. 

How Real Estate Businesses Can Benefit From Digital Marketing Services 

Display Advertisements 

Display advertising uses text, logos, animations, videos, photographs, or other graphic materials to deliver highly visual and personalized ad experiences based on customer internet signals. To maximize the impact of their advertisements, display advertisers frequently target users with specific characteristics. The Google Display Network is a fantastic tool for spreading brand awareness to unsuspecting potential customers. 

Video advertisements 

The core purpose of Google Video Ads is to increase reach and engagement with a range f audiences on YouTube and through Google Video Partners. To reach your audience with video ads, use demographic targeting. To attract your audience with video ads, use demographic targeting. 

Google Ads 

When users search for a keyword on Google, online ads known as “Google search ads” appear on the search engine result page. Pay-per-click, or PPC, advertisements are those where the advertiser pays each time their ad clicks on. Google’s AdWords advertising platform, which enables advertisers to craft ad text and place bids on keywords, manages PPC search ads on Google. 

Using Social Media to Boost Engagement

Instagram 

According to the sources, only 14% of realtors are active on Instagram. However, 83% of prospective home buyers also requested online images of the properties. Realtors can share their brand’s story with a highly engaged audience, increase their customer base, and drive brand awareness. 

Twitter 

Twitter has developed into a microblogging platform that has worked well as a real estate market marketing tool. 

LinkedIn 

Among B2B profiles, LinkedIn is a potent tool for raising brand awareness and promoting the product. Real estate developers can connect with other professionals on Linkedin, including interior designers and architects.  

Facebook 

A person uses Facebook for 35 minutes on average per day. It makes it possible for real estate developers to market their brands on Facebook. Choose from placements for your Facebook advertising, including the News Feed, Stories, Marketplace, Video Feeds, Right Column, In-Stream Videos, Search, etc. 

Real Estate Digital Marketing Metrics 

Rate of conversion

It shows how much it costs to acquire a real customer who will successfully convert, also known as “cost per action.

Whether a conversion occurs will depend on what the business wants the customers to do, such as buy something, sign up for something, or watch a video. Based on the total cost of the ad, CPC indicates how successful an ad is in reaching its objective. 

Visitors and Impressions

The number of visitors to a website is known as website traffic. Bounce rates, channels, purchase percentages, and session counts are common ways to measure it. Impressions measure how often a visitor looks at page elements, such as an image, text, video, or content. These are based on the advertisements and calculated according to how much an advertiser must pay to advertise his ad on the website. 

The ratio of Qualified Leads

It is the ratio between the number of leads who visit a website and become customers and the overall number of visits. 

Source for Leads 

You can increase your sales in some ways. The main point is the necessity of locating the top lead sources. The next step is to concentrate on that area once you have identified the traffic source. Your website should be one of the sources of lead generation. 

Lead generation

Locates draws, and converts potential customers into actual customers through marketing channels and lead generators. Social media, email, landing pages, and websites are common lead-generation channels. 

Indian Real Estate Digital Marketing Trends

Chatbots

Due to its specifics, real estate marketing is a complicated process. People don’t purchase properties at any given time. The process requires a lot of thought and investigation. Thus, lead generation becomes a concern. 

Real estate chatbots can help with the complexity of these projects. A chatbot is available 24/7, which enables people to ask the fundamental questions they have about properties. A bot’s ability to personalize leads increases its chances of converting leads. Chatbots can help with lead generation at all levels of the sales funnel. Chatbots can handle everything by giving prospective buyers the details to arrange a virtual tour. 

Augmented reality

Real estate sector, augmented reality (AR) is a game-changer. For both sellers and buyers, it has opened several doors. Real estate buyers can view a property without making a trip using augmented reality (AR). The development of augmented reality has created new opportunities by offering personalized services and a distinctive user interface. Potential customers can see how their homes will look after they finish furnishing them using AR. 

Blockchain Technology 

Real estate deals are typically made offline and in person with various parties. Blockchain, however, has recently altered how businesses conduct transactions. Assets like real estate are tokenized and traded like cryptocurrencies like bitcoin and ether to the introduction of smart contracts on blockchain platforms. 

Prime Commercial Property for Sale in Noida: Best Property Deals

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Purchasing commercial real estate in Noida has grown in popularity recently for several reasons. More and more people are considering commercial investments in terms of potential capital growth and steady rental income. Since Noida is a commercial hub, many job seekers flock there, which increases residential investment. Due to their interdependence, commercial real estate demand has unavoidably increased. 

However, commercial projects must sit in a way that will encourage substantial business or investment growth. The place to invest in commercial real estate is in a well-planned city like Noida, renowned for its state-of-the-art infrastructure and superior connectivity. A wise choice is to invest in Noida commercial real estate. There are a few things to think about before making the choice. 

Noida is the center of commercial real estate investment. Everyone can commute easily because of the metro’s presence and the wide streets connecting this neighborhood to other areas of town. It is beneficial for networking when multinational corporations with significant corporate offices advertise their presence here. For those who live and work here, the city’s presence of shopping malls, restaurants, banks and ATMs, reputable healthcare facilities, and schools makes life simpler and more convenient. It is a bustling area with lots of traffic, making it a forward-thinking choice for a successful investment. 

Demand from the Market: Noida stands out as a densely populated area with a sizable residential component, which enhances the benefits of commercial real estate by increasing profits and reducing the likelihood of vacancy. A large catchment area ensures high rent and capital returns because such locations generate demand for commercial or retail setups. 

Maintenance must be a practical cost-cutting measure when purchasing a commercial property.  

High maintenance costs could deter investment. 

Real estate is one of the safest and most effective investments. It is an investment type whose prices don’t change daily, making it a largely dependable means of funding. Land, houses, and commercial buildings are the three main kinds of property in the highest and most steady demand. These three investment categories all guarantee a return on your money. 

Commercial property

Commercial real estate is experiencing rapid growth in demand. Corporations, stores, and offices are all based on this kind of commercial real estate. Commercial real estate is anything not used for residential purposes and serves businesses. Real estate is owned for commercial purposes in any property, to put it simply. 

Types of commercial real estate

  • Office Space: Office space is also in high demand because it can house multiple tenants. Given its location and style, the property might rent to many people. Typically, it is easy to find tenants for office space. 
  • Multiple families: Multifamily real estate is known as real estate that has multiple residential units. The simplest way to turn this into commercial income is to rent the apartments. It is the easiest next step for investors looking to enter the office real estate market. The main advantage of owning and renting multifamily real estate is the multiple income streams from the various families residing in the residential units found on it. 

Further subcategories of multifamily real estate include duplex/triplex/quadplex, mid-rise, high-rise, and apartment buildings, as well as senior housing and assisted living facilities.  

  • Hospitality: Tourists and those seeking relaxation make up the majority of the clients for hospitality real estate. Accommodations in this category include hotels, resorts, theme parks, and bed-and-breakfasts. Hospitality real estate includes but is not limited to, low-cost hotels, extended-stay hotels, full-service hotels, limited-service hotels, short-term rentals, etc. 
  • Retail: Real estate shops that deal in business-to-consumer (B2C) sales of goods and services. For the benefit of the clients, these properties sit in the heart of the town. Buildings like neighborhood shopping centers, regional malls, neighborhood retail centers, and power centers are examples of retail real estate. 
  • Industrial: Real estate has grown significantly over the previous economic cycle and is relatively easy for investors due to its low entry cost and flexibility. Commercial production and manufacturing facilities, among other industrial activities, are based in industrial areas. Cold storage, showrooms, heavy manufacturing, light assembly, bulk warehouses, and flexible warehouses are a few of the different types of industrial real estate. 

If you are interested in purchasing a commercial property for sale in Noida, then Propertywala can help you out, as we have 367 commercial properties for sale in Noida in the range of Rs. 2.5 lakhs to Rs. 18 crores. We can help you find commercial properties for sale in Noida in popular areas like Sector 62, Sector 140 A, and Sector 75. 

Commercial properties for sale in Noida

Sector 62 is the best commercial property in Noida. The amenities and services that ITHUMS 62 offers are unmatched by any other property. It is an excellent location. Within a 2-kilometer radius, there are good hospitals, restaurants, markets, ATMs, banks, and offices nearby. Noida’s Sector 62 is a prime location for corporate offices, as it is the center for business in related industries like banking, entertainment, and education. It also has the best connectivity to Greater Noida and Ghaziabad via the Delhi-Meerut Expressway, FNG, and other wide roads.

Sector 62 serves as the center of the IT and ITeS sectors, along with other related service industries, making it more than just a sector in Noida. The fact that it serves as the hub for numerous educational institutions, such as playschools, high schools, and institutions of engineering and management, is also well known. It even has a Noida center at IIM Lucknow. 

The city center of Noida and all other areas are close to Sector-62. It lies early near Indirapuram and is well-connected to Delhi via the DND and NH24. Additionally, work on extending the Metro to Sector-62 will soon begin as all necessary approvals have arrived. 

Institutional businesses dominate Sector 62. Sector-62 is even more exclusive because of the limited residential areas that are present there. 

Commercial vs. residential real estate: which is better for investment?

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Those who’re unfamiliar with real estate investing may struggle with it. What kind of real estate should you invest in? Which region of the nation is doing the best? Are commercial real estate investments more profitable than residential ones? To be able to decide where to invest their hard-earned money, investors need the answers to these questions. 

What are residential real estate and commercial real estate? 

Commercial real estate is a catch-all phrase for significant market segments like retail, office, and industrial properties. Many different types and sizes of properties are apartments, daycare centers, condominiums, movie theaters, parking lots, factory floors, warehouses, and retail locations used by businesses like Big Bazaar, Croma, and others. 

Any property suitable for business is commercial real estate (CRE). There are now also multi-use areas that can serve as residential or commercial spaces. 

Real estate for residential use includes housing typically rented out rather than owned. Although it may sound overly simplistic, the truth is that it is the same. Residential real estate (RRE) is any property designed solely for habitation. They can also be part of multi-use spaces, as explained earlier. 

The primary difference between RRE and CRE is in how they are rented or leased, with the related legalities. Because of those differences, investing in either has a very different aspect, even though the basic principle is the same. 

How residential and commercial real estate differ from one another. 

Does investing in commercial real estate make more sense than in residential real estate? It is necessary to consider both possibilities even though the answer to this question doesn’t have to be yes or no. When you’re open about your objectives, the amount of cash you need versus the level of investment income you want, and the time frame for realizing profits.

The general rule is that an asset like real estate only produces good returns when held for a while, like two years or more. That also applies to CRE and RRE. RRE may seem easier to get into as an investor, or, more specifically, as a retail investor, than CRE, and the former offers more options for tailoring your portfolio. Let’s examine the differences between both and determine which investment option would be more appropriate for you. Learn more about what each investment option offers. 

You have two options when considering investing: commercial or residential real estate. Most people will stand firmly behind one cause and fight for it. The two may have merit depending on your financial situation and your goals. You can invest your money in both, certainly, but when it comes to maintenance, time spent interacting with tenants, and other things, renting a residential property is much more work than owning a commercial one. 

The effectiveness of investing in commercial and residential real estate depends on the goals and risks involved, as with all investment options. 

Regarding CRE

  • In contrast, it is still more difficult for an individual investor to enter the CRE market. 
  • In most cases, the initial investment is quite substantial for a retail investor, and to accurately evaluate the advantages of this investment, one needs to have a solid grasp of market supply and demand. 
  • Here, however, a property investment firm can come in handy. You only need to decide whether an investment option is best for you; they can handle all the complicated legal work. 
  • It is now easy for a retail investor to enter the CRE investing space due to the inclusion of REITs and fractional ownership in the real estate investment scenario. 

Regarding RRE 

  • Investors must purchase the asset outright and take possession of it. Family members may join the partnership as co-investors, but that is usually where the relationship ends. 
  • When looking into residential real estate, you can =need to connect with experienced investors. People typically construct their homes and rent them out. In most cases, people mostly build their properties and rent them out. 
  • In this manner, the investor only receives the title to the property for a minimum of five years. Since no purchase is required, the investor can simply move on to the other asset at the end of the lease period if the investment does not turn out well.
  • Either way, the uncertain nature of the tenants and the extremely short periods of rental agreements make investing in RRE less lucrative. Due to the small number of tenants and the short length of the rental contracts, it is easier to get started. 

Both options offer hassle-free investment processes geared toward long-term investments while reducing the initial investment’s value. 

Which one to choose 

The risk involved and the goals in mind are the two main factors that the investor will consider when investing, as was previously mentioned. Real estate investing also carries the risk of losing money. The returns would still be sufficient to cover the investment if a property lacked enough tenants during the investment period. 

  • From this standpoint, commercial real estate is less risky because it almost always has a consistent cash flow because of the rock-solid lease terms for tenants. Purchasing a residential property, in contrast, can be quite risky due to the unstable cash flow and potential for significant changes in market demand.
  • The real estate sector’s impact on residential real estate during the outbreak and spread of the pandemic was the greatest. Additionally, residential property tenants will be the first to be affected by a decline in economic activity in any area because, even without a firm, long-term lease agreement, they would always want to minimize their losses. 
  • If you have enough experience and contacts in the area, invest in RRE. CRE needs to have long-term objectives that span at least five years. As a result, the returns produced make more sense, and you have more time to consider other investment opportunities thanks to passive income. 

Conclusion 

The benefit of commercial real estate is that tenants are almost always available because rents tend to be more stable, and lease terms are frequently more specific and long-standing. Commercial properties typically generate higher gross returns with less effort. Residential properties offer better returns and don’t require significant capital investment in many regions because tenants pay no mortgage or interest. 

The bottom line is that before deciding to invest in commercial real estate or residential real estate, it pays to do your research. 

Cheap Agriculture Land & Farms for Sale Near You and Noida

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Contrary to popular belief, buying agricultural land is simple. However, you should be aware that investing in residential land parcels is not the same as buying such land. When you want to buy agricultural land, make a list and weigh the benefits and drawbacks of doing so. To make an informed decision about investing, you should also learn the paperwork needed to purchase agricultural land in Noida. 

What is the agricultural land investment checklist?

  • Check your area’s laws on buying and selling agricultural land in Noida. Before investing, this is essential.  
  • The maximum amount of agricultural land that may be purchased exists. 
  • Make it clear if you plan to cultivate the land yourself in addition to the returns you expect and whether you also intend to build a farmhouse. You may be leasing the agricultural land to someone for money. 
  • Farming demands perseverance, skill, and hard work. It’s not easy as many people these days make it seem. 
  • The legal title of the land parcel should be clear and transparent. You can find out all the details about the seller and plot by visiting the place in Noida and contacting the local registration, land revenue, and other authorities. 
  • To learn more about the number of owners of the agricultural land parcel and its registration history, check the encumbrance certificate. 
  • Location is essential: if the plot is included in a government development project or master plan, you might receive a higher return. Returns might also be higher if your property is close to future infrastructure projects like a highway, airport, or special economic zone (SEZ).
  • If the government decides to buy your property, you will be compensated at fair market value. You will get consistent returns if you donate your land to any government land pooling programs. 
  • Investing in the application process if you want to convert agricultural land to living space. The conversion procedure is demanding, with many rules in place. 

What types of documents are required to purchase agricultural land in Noida?

  • Extracts from 6/12, 8A, and 7/12 
  • The village’s map or Naksha 
  • Revenue from the land revenue department’s taxes 
  • If there is a conveyance or registration deed 
  • Report on soil analysis 
  • Obligation certificate
  • The original title to the land 
  • Patta book or papers on mutation 
  • Khata documents. 

Due to the current construction in Noida and the high demand for land, land’s cost has increased significantly over the past few years. The price is expected to increase by another 15% to 20% annually. As a result, an investor can project a 100% return over the following five years. The Yamuna Expressway plot has recently attracted a lot of investors, but some feel left out now that the price has risen and appears to be beyond their means. To them, investing in agricultural land close to Noida is the best option. There are many affordable options for agricultural land in Noida. 

The benefits of purchasing agricultural land near Noida are as follows: 

Price affordability

The price range for plots developed by the authority is between $ 25,000 and $ 35,000. In contrast, the price range for plots developed by private developers is $50,000–$60,000. However, depending on location, the cost of the agricultural land near Jewar Airport ranges from 1500 to 1700 per square meter.  

Probability of Acquiring Land 

There is a chance that agricultural land will be acquired for future development near the airport, which would immediately drive up the cost of agricultural land in Noida. The acquisition rate during the first phase was between 2300 and 2500 per square meter. Additionally, you can look at projects on the Yamuna Expressway, Noida Expressway, Greater Noida, and Noida Extension for sale in Noida.  

Prime residential plots in prime locations: chances of getting one 

If the authority buys a farmer’s farmland, the farmer may receive a plot. The land is offered in a fully built-out neighborhood. The land is always more expensive than purchased farmland.

Agricultural land for sale in Greater Noida 

Given that we already know that airport construction is underway, there is a high demand for agricultural land in Greater Noida and along the Yamuna Expressway. We have a lot of agricultural lands available for sale where you can use them for agricultural purposes or get a good return on investment in 3-4 years. Due to the influx of investors and end users looking to purchase prime agricultural land in Greater Noida over the past few years, the price of agricultural land has increased. Although the cost of agricultural land in Greater Noida is now very affordable, prices will eventually rise. 

Greater Noida currently has reasonable prices for agricultural land for sale. Any agricultural land in Greater Noida is best purchased right now. Different-sized land parcels are now offered, and a transaction can be facilitated quickly. One of the many uses for agricultural land is construction. When agricultural land is invested, the return on the investment can double within three to four years. This area is developing quite well, and a lot of infrastructure is being built there. Additionally, there are numerous colleges and universities in this region. There is going to be a massive apartment area in Greater Noida.

Land Conversion from Agricultural Land to Residential Land

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Even though you have full ownership of an area of agricultural land, you aren’t permitted to build homes there if the government allows you to. In India, fertile agricultural land could only be used for farming and nothing else, according to the law. The owner must request permission from the relevant authorities and change the “land use” to use it for something different, such as residential, commercial, or industrial use. If you built a home or operated a business on farmland in India, you would engage in illegal activity if this procedure was followed. If you developed a house or operated a business on farmland in India, you would be engaging in criminal activity unless this procedure was followed. 

Conversion of the agricultural property process

In India, laws governing land vary from state to state because it is a state subject. To convert your agricultural land to a residential area, you must contact either the revenue department or the planning authority in your city, depending on the state in which you currently reside. Landowners must go to the revenue departments of their towns for the conversion in states like Maharashtra, Karnataka, Rajasthan, and Uttar Pradesh.

For parcels up to 2,500 square meters, the tehsildar in Rajasthan, for instance, could approve the conversion of agricultural land to residential use. On the other hand, developers who want to construct housing projects on agricultural land must obtain permission from the state government (if the total exceeds ceiling areas) or the sub-divisional officer (where the entirety is under 10,000 sq m). In the same way, if the property is required for business purposes, permission from the state government, the collector, and the subdivisional officer must be obtained. 

According to Lucknow-based attorney Prabhanshu Mishra, Section 143 of the UP Zamindari Abolition and Land Reforms Act gives the Sub-Divisional Magistrate (SDM) of the area the power to convert agricultural land to residential use. 

Fertile land cannot be converted to be used for residential purposes under the laws that are in place in the majority of states. Only parcels of dry or unused land are eligible for conversion. Additionally, a requirement that has been eliminated in many states is that you must be a farmer to purchase agricultural land. In UP, for instance, this was changed in 2014. 

Landowners may submit a written request for a change in land use to the commission, the district magistrate, or the collector in states where no authority has given specific permission. The Uttar Pradesh government permitted real estate developers to use productive agricultural land for residential purposes through an amendment to the Zamindari Abolition and Land Reforms Act. 

This requirement is no longer necessary in Odisha as well. According to the Odisha Land Reforms Act of 1960, landowners may also change the use of fertile land with the tehsildar’s or sub-collector’s permission. 

The commissioner of the land revenue department has the power to approve land conversions in Karnataka. Tehsildars and tax division officers are permitted to consent for this reason in Andhra Pradesh. One may submit a land conversion application online in either of these states. 

In Bihar, the sub-divisional officer issues a conversion order. 

Landowners may submit a written request for a change of land use to the commission, the district magistrate, or the collector in states where no authority has been given specific permission. 

Documents required for the conversion of Agricultural land to residential land

In addition to providing all the information about the relevant land parcel, the applicant for the conversion must submit a lengthy list of supporting documents along with their application, in which they also state the purpose for which they are seeking the land-use change. 

The following types of paperwork must be submitted with the application by the applicant: 

  • Proof of identity 
  • Deed of sale
  • Records of Tenancies and Corps, or RTC
  • Deed of partition (if the land was inherited)
  • Mutation records
  • Study map 
  • Receipt of land revenue payments, etc. 

If any of this paperwork is gone, you can go to the revenue department of your city, which maintains all of these records. 

Please be aware that before you apply for the conversion, you must verify that all bills and taxes associated with the land have been paid. For authorization, the property must be free and clear of all legal encumbrances. 

How much time and money are involved?

There is a one-time mandatory fee to obtain a certificate of land conversion. This fee varies from state to state, district to district, and locality to locality. For instance, the conversion charge in Andhra Pradesh is three percent of the land value. In Haryana, there is a fee of Rs 210 per square meter to convert public land to residential use. 

In Delhi, conversion fees range from Rs 14,328 to Rs 24,777 per square meter for residential use permits, and additional floor area ratios (FAR) have been set at Rs 3,039 to Rs 7,597 per square meter in various industrial areas. 

In Rajasthan, the cost to convert an agricultural plot into a residential one ranges from Rs 60 to Rs 200 per square yard. The costs for converting land for commercial use range from Rs 400 to Rs 800 per square yard. 

10% of the property’s value must be paid as a conversion fee in Bihar. Note here that the receipt of the payment must be kept safe, as this paper acts as proof that your application has been submitted.

However, it might take a while before the applicant receives the certificate. For instance, Maharashtra’s Land Revenue Code, 1966, stipulates a 90-day window during which the order for conversion must be issued. 

The tehsildar must attest to the conversion certificate after the commissioner has issued it. 

Can a residential real estate agent sell commercial property?

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Commercial and residential real estate brokers come from the same industry. The simple fact that both agents work in real estate is the only obvious similarity. The property type that each individual specializes in becomes the defining characteristic. Residential real estate agents assist clients with buying, selling, and renting property for their use. 

On the other hand, commercial property agents handle real estate used for business or investment purposes. These agents advise investors on risk issues and ensure they get an ROI when they buy and sell real estate. They also lease properties, locate new spaces for their assets, and locate new areas for their client’s businesses.

Now, we have to consider several factors to elaborate on other differences. What skill sets do they possess first, for instance? What kind of transactions do they handle, what sort of property do they deal with, etc.?

Properties’ nature

One of the vital factors is the type of property. It covers topics like the number of housing units, the kind of building, the size, etc. You might need a commercial property agent when you want to buy or sell a property with more than four properties. Such transactions require commercial real estate loans, with stringent requirements and technicalities that may be challenging for a residential agent to complete. On the other hand, residential agents can complete transactions that do not require extensive 

residential agents to complete. On the other hand, residential agents can complete transactions that do not require extensive commercial knowledge. 

Skillset

Let’s start with the most fundamental factor in deciding if a residential agent can sell commercial property. Both residential and commercial agents must have specific skills to sell a property. Agents are expected to have perseverance, bravery, and strong communication skills. However, selling commercial properties necessitates a thorough knowledge of economic principles. Commercial agents work with properties that require them to understand concepts that residential agents might become familiar with, such as gross rent multiplier, cap rate, internal rate return, etc. However, commercial transactions may be made when residential agents are skilled in aspects of commercial property. Consider a residential agent with extensive knowledge of rent rolls, caps, and internal rates. They’re in a position to conduct business thanks to these skill sets. 

Partnership 

A residential real estate agent can sell commercial property by collaborating with a commercial agent. In addition to helping the client get the best rates, working with a commercial agent offers independent analysis. 

Databases create an issue for qualified residential agents. Most commercial businesses maintain a database of available lease spaces. A residential agent may not, thus, have access to these “private” lease spaces. 

Conclusion 

Agents who specialize in residential sales may also be able to sell commercial properties in some circumstances. Nevertheless, depending on the type of property you are dealing with, it is advisable to select a knowledgeable agent. Choose a residential agent if the property is for personal use; commercial agents are better suited for dealing with commercial real estate. Working with an expert gives you value for money and service. 

The Impact of GST on Renting of Residential Property in India

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On June 28 and 29, 2022, the 47th GST Council meeting occurred. Following the previous GST Council meeting, there were multiple modifications to the Goods and Services Tax (GST). The partial elimination of the GST exemption for services provided in connection with the rental of residential property is one of these significant changes.

It’s crucial to recall that services involving the rental of residential properties for use as a residence were exempt from GST as of July 1, 2017. As of July 18, 2022, certain elements of the exemption will be withdrawn.

Residential and commercial rentals are subject to the GST on residential property rentals. Therefore, even if a residential property is rented out for commercial purposes, the rent remains subject to GST. 

ParticularsNew notificationsOld notifications which are amended vide the new notifications
Notice covering exemption available under GSTNotification no. 04/2022- Central Tax (Rate) dated 13th July 2022 [amendment effective from 18th July 2022]Notification no. 12/2017- Central Tax (Rate) dated 28th June 2017
Notification covering the applicability of the reverse charge mechanismNotification no. 05/2022- Central Tax (Rate) dated 13th July 2022 [amendment effective from 18th July 2022]Notification no. 13/2017- Central Tax (Rate) dated 28th June 2017

The said amendment relating to the applicability of GST on the rental of residential property is briefly covered in the present article.

GST liability for renting a residential property till July 17, 2022

Since the beginning of the Goods and Services Tax (GST), or as of July 1, 2017, any person who is engaged in renting out residential properties specifically for habitation was eligible for a GST exemption. Notably, the exemption listed at SI No. 12 of Notification No. 12/2017- Central Tax (Rate) from June 28, 2017, is tabulated below: 

Heading Description of service Rate Condition 
Heading 9963/ Heading 99721Facilities through the rental of a home for use as a residence NILNIL

The aforementioned makes it abundantly clear that renting out a residential property to anyone who intends to live there is exempt from all regulations. In other words, when renting a residential property to someone for a business purpose, GST is due. 

GST validity for residential property rentals as effective from July 18, 2022

According to notification number 04/2022- Central Tax dated July 13, 2022, SI. No. 12 of notification number 12/2017- Central Tax (Rate) dated June 28, 2017, changed. The amendment states that the phrase “except where the residential dwelling is rented to the registered person” will be added after the words “as a residence.”

Therefore, after the publication of notification no. 04/2022- Central Tax (Rate) dated July 13, 2022, SI. No. as of July 18, 2022, will read as follows: 

Heading Description  Rate Condition 
Heading 9963/ Heading 99721If the property is not rented by a registered person, renting it to be used as a home is prohibited NilNil

With effect from July 18, 2022, GST will apply to residential rentals as follows:

Particulars GST Position post 18th July 2022
Renting a residential property for residential use to the person registered under GST Taxable as of July 18, 2022
(Free from 1 July 2017 to 17 July 2022 and Taxable from 18th July 2022)
Renting a residential property for a personal reason to an individual who isn’t registered with the GST Exempted from 1st July 2017 
Rental of a residential property for a business purpose to a person who is registered for GST Taxable from 1st July 2017
Renting a home for a business for an individual not registered under GSTTaxable from 1st July 2017 

The corresponding modification to the reverse charge service mechanism for renting residential dwellings- 

The fundamental notification, Notification No. 13/2017-Central Tax (Rate), dated June 28, 2017, covers the list of services to which the Reverse Charge Mechanism is applicable. SI. NO. 5AA was added to Notification No. 13/2017- Central Tax (Rate), dated June 28, 2017, by Notification No. 05/2022 – Central Tax  (Rate), dated June 13, 2022. The said SI.No. 5AA is tabulated hereunder-  

SI.No. Description of Service Service providerService receiver 
5AARenting the residential dwelling to the registered person as a serviceAny person Any registered person 

As a result, the registered person (also known as the service recipient) who receives services by renting a residential property is required to pay GST under the Reverse Charge Mechanism. In nut-shell, even if the service provider of the renting of a residential dwelling is registered under the GST, the registered service receiver will be liable to discharge the GST under Reverse Charge Mechanism. 

The conclusion that GST applies to the rental of residential property – 

The following table offers an overview of how GST will be used for residential property rentals starting July 18, 2022. 

Particular GST Applicability GST payable by the service provider GST payable by the service receiver 
Services of renting of residential dwelling for residential purposes to the person registered under GSTGST-taxable as of July 18, 2022,No Yes
Services related to renting a home for private purposes to a person not registered under GST Exempted NANA