Flats / Apartments for Sale in Noida Properties

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Noida is an urbanized city in Uttar Pradesh that is part of the Delhi metropolitan area. Because of its constantly improving infrastructure, planned international airport, and affordable home prices, Noida has become one of the most sought-after residential hubs in the NCR following COVID-19. The availability of options in sparsely populated emerging areas has enticed home buyers and accelerated their purchases. The most significant advantage of relocating to a growing area is that prices are relatively low or the profit potential is critical due to infrastructure development. Numerous affluent neighborhoods in Noida offer various services and amenities to people of all ages, including families, professionals, and students. Noida has numerous parks, modern commercial centers and complexes, educational institutions, and healthcare organizations. If you want to live in a neighborhood with high investment potential and a significant presence of vegetation, Noida is the place to buy property.

The following are the reasons: 

Noida’s Simplified Interconnectivity

The government is working hard to improve Noida’s connectivity to Delhi and neighboring NCR areas like Gurgaon, Faridabad, and Ghaziabad. Other cities are becoming more connected as more people look to buy a home in Noida and settle down. 

The Delhi-Noida Direct Time-Saver Flyway provides excellent connectivity between Noida and Delhi. The Noida Electronic City signifies the start of the Delhi Metro’s blue line. Its coverage area includes stations such as Noida Sector 52 (Nasirpur Electronic City), Noida City Center (Nasirpur Electronic City), Botanical Garden (Nasirpur Electronic City), Sector-16, and Sector 21 in Dwarka. Furthermore, when traveling on the Aqua line, one can transfer from the Sector 52 metro station to the Noida Metro Aqua line’s station in Sector 51. 

The metro Aqua line in Noida connects to the Greater Noida metro station via several Noida sectors, including 50 and 76, with NSEZ (81), 83, 137, 145, 146, 147, and 148. You can take the metro from Gurgaon to Faridabad in under two hours. Traveling by metro from Gurgaon to Faridabad takes less than two hours. 

Noida Employer Concentration 

Noida, India’s commercial capital, is home to several well-known commercial structures. Major news organizations, multinational corporations, start-ups, and established Indian businesses reside in several commercial districts in Delhi. Noida has India’s largest smartphone manufacturing facility and its fourth-largest IT-BPO hub. Some of Noida’s most prominent multinational corporations (MNCs) are Adobe Systems India and Rockwell Automation. Noida is also home to some of India’s most extensive IT infrastructures, including Tata Consultancy Services and NIIT Technologies, as well as Microsoft and other well-known names such as Oracle and Adobe. 

Retail Trade Hubs in Noida 

Noida has many different shopping options, including local markets and upscale shopping malls. Regional markets such as Atta, Brahmaputra, Savitri, Indira, and others sell a variety of clothes, accessories, footwear, home decor, and other items at low prices. Many street food alternatives are available for you to sample. 

Many well-known shopping malls, including Gaur City Mall, the Mall of India, Wave Mall, The Great India Place, the Spice World Mall, Gardens Galleria Mall, and Tulip Mall, have movie theaters, fine dining restaurants, nightclubs, and high-end apparel, footwear, and gadget stores. 

A planned and designed city with wide streets and trees

Numerous well-known schools, including DPS, Kothari Public School (GIIS), and GD Goenka Global School, as well as some of the best colleges in the country, including Amity University and Jaypee Institute, are located in the Noida metropolitan area. Numerous world-class medical institutions, including Apollo Healthcare and Jaypee Hospital, are located in Noida. Noida is also home to many branches of well-known financial institutions, including HDFC, Bank of India, ICICI Bank, and all the reputed names you can think of. You can unwind and recuperate in parks such as Rashtriya Dalit Prerna Sthal, Meghdootam Park, and Shahid Bhagat Singh Park, to name a few. 

Jewar Airport is on its way to Noida. 

The country’s largest airport (more than 4,000 acres) is currently under construction and will be open in 2024. Noida is only 13 kilometers off Gautam Bdh Nagar’s new Jewar Airport. Noida and Greater Noida residents will no longer have to travel to the 44-kilometer Indira Gandhi International Airport. When finished, the airport will be able to handle both domestic and International flights. As a result, now is the best time to purchase a home in Noida, as property values will likely skyrocket once the airport opens.

When is the best time to purchase a flat/apartment for sale in Noida?

Noida has seen rising real estate investment opportunities over the last decade. Noida has become one of the most sought-after property investment destinations due to its excellent infrastructure, connectivity, and rapid development. 

If you want to buy a flat or an apartment in Noida, the best time to start is during the festive season. Developers offer various discounts, deals, and schemes to entice buyers at the time of year. Aside from that, property demand is high at this time, so you have a better chance of getting a good deal. 

Noida’s Best Sector to Purchase a Flat for Sale

Noida is split into sectors, each with its specific features and amenities. Your needs and preferences will determine the best sector in Noida to purchase a flat. If you are looking for a prime location, next Sector 18 is a good option. This industry is well-known for its commercial establishments and shopping malls. Sector 137 is also a good option for those looking for low-cost housing. 

You can also find perfect flats in sectors 78 and 150, the most popular areas to invest in Noida flats. 

Propertywala can assist you in locating the best Noida flat for sale. You can search for flats using our platform based on your budget, location, preferences, and amenities. 

West Bengal Khatian and Plot Information by Name

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The Banglar Bhumi is the West Bengal government’s revenue department’s largest online land records website, and it evolved with the help of the WB NIC team. It contained information for over 42,042 Mouzas and over 4.30 crores of Khatians for the entire state. More than 70 % of the population lives in the village and hails from a farming clan. 

According to the most recent Department of West Bengal survey, more than 300,000 people in the state have Patta. As a result, it is difficult to provide all the information to each of them in turn. Now, the official website of Banglar Bhumi, http://www.banglarbhumi.gov.in/, can access any can of data regarding your land and property through the owner’s name and the details of your land, which is the solution to all of them. 

Bangkarbhumi 2023 Khatian and Plot Details 

Name Banglarbhumi wb jamir khatianবাংলারভূমি জমি রেকর্ডস পশ্চিমবঙ্গ
DistrictAll-District
Department Land & Land Reforms And Refugee Relief And Rehabilitation Department West Bengalভূমি ও ভূমি সংস্কার এবং শরণার্থী ত্রাণ ও পুনর্বাসন বিভাগ পশ্চিমবঙ্গ
Year 2023
Official Website http://www.banglarbhumi.gov.in/
Contact dlrswb@gmail.com, 18003456600
Objective Land records Digitalization
Beneficiaries Citizens of West Bengal state

District Wise WB Land Record 2023 

You can check the list of districts of West Bengal, Where a citizen of the state can search for a plot and Khaitan information online. And you can also check the WBI land record at home. 

Alipurduar – আলিপুরদুয়ারJhargram – ঝাড়গ্রাম
Bankura – বাঁকুড়াKolkata – কলকাতা
Paschim Bardhaman – পাসচিম বর্ধমানKalimpong – কালিম্পং
Purba Bardhaman – পূর্ব বর্ধমানMalda – মালদহ
Birbhum – বীরভূমPaschim Medinipurপাসচিম মেদিনীপুর
Cooch Behar – কোচবিহারPurba Medinipur – পূর্ব মেদিনীপুর
Darjeeling – দার্জিলিংয়েরMurshidabad – মুরশিদাবাদ
Uttar Dinajpur – উত্তর দিনাজপুরNadia – নাদিয়া
Dakshin Dinajpur – দক্ষিণ দিনাজপুরUttar 24 Pargana – উত্তর 24 পরগনা
Hooghly – হুগলীDakshin 24 Pargana – দক্ষিণ 24 পরগনা
Howrah – হাওড়াPurulia – পুরুলিয়া
Jalpaiguri – জলপাইগুড়ি

WB Banglarbhumi Online 

The official West Bengal land records website divides into two sections: The first is for users and citizens, while the second is for administrative tasks. Any citizen can access their property-related data through the user part, and authorized staff can upload more data for users through the admin part. Anyone can obtain information about the following by visiting the official page of Banglar Bhumi: 

  • Land Records on the Internet
  • Mutagenesis 
  • Agricultural Land Conversion 
  • Land Recording 
  • Bargadar or Sharecropper and their registration in the Land Records 
  • Vesting and distribution of vested land
  • Patta 
  • Lease: Management of Government Land 
  • Land under Tribal Ownership in West Bengal 
  • Tea Garden
  • Land Reform Laws
  • Current Situation 
  • The West Bengal Estate Acquisition Act of 1953 
  • West Bengal Land Reform Act, 1955 
  • Survey of West Bengal 

The West Bengal government has created a web portal where residents can check online Khatian and plot information. Banglarbhumi Search and the website address is http://www.banglarbhumi.gov.in/. 

What services are available through the Banglarbhumi web portal? See its list below- 

  • Khaitan Knowledge 
  • Plot specifics 
  • West Bengal land information from Mouza-map 
  • Public Complaint

So, in subsequent articles, we will provide detailed instructions on searching for Khaitan and plot information. 

Search for West Bengal Khatian and Plot Information by Name

To check your online land record, go to the BanglarBhumi official page and select Khatian and Plot Information. It will take you to a page where you must complete the steps outlined below.

  1. To begin, go to http://www.banglarbhumi.gov.in/.
  2. The “Know Your Property” tab appears in the main menu. 
  3. Choose from District, Block, or Mouza.
  4. Check for Khatian information. 
  5. Choose Search By Plot from the drop-down menu.
  6. Examine the plot details.

Citizens’ Login Process at Banglarbhumi 

If you are a West Bengal resident and have registered with this portal, you can log in to the Banglarbhumi website by following the steps below: 

  • To begin, go to the Banglarbhumi official website. 
  • Then On the homepage, You will find the “Citizen Services” tab. Click here. 
  • You will go to the next page, where you must select “Departmental Users.”
  • Enter your username and password here. 
  • Then type in the captcha code. 
  • Following that, click the “Login” button. 
  • Finally, you have registered as a Citizen. 

The process to Apply for ROR 

ROR West Bengal is a vital resource for land-related information. Please follow these simple steps if you need to apply for ROR documents:

  • Visit the Official Website of the West Bengal e-District. 
  • On the homepage, look for the “Citizen Registration” button and click it. 
  • Please enter the required information.
  • Then, for registration, you must click the “Save” button. 
  • OTP will arrive at your registered mobile number. 
  • Log in to your email account to check for confirmation emails sent by the site. 
  • Complete your registration by clicking the activation link in your email. 
  • You must now log in to the portal using your username and password. 
  • You must now enter all of the information. 
  • Please upload all required documents in JPEG or PDF format. 
  • Finally, press the “Submit” button. 
  • You will now get an acknowledgment slip as well as an application number. 
  • Then there will be verification. 
  • Finally, you can obtain the R0R certificate or document from the relevant authority. 

How to Monitor the Status of ROR Document Applications 

If you applied for ROR documents, you can check your application status online. Please follow the steps below to verify your ROR application status:-

  • Visit the Official Website of the West Bengal e-district.
  • On the homepage, look for the “Inspection Report” button and click it. 
  • You’ll proceed to the next page, where you must enter the “Application Identification Number.”
  • Then click the “Search Document” button. 
  • Finally, ROR’s state will appear on the website. 

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 

Understanding the Key Differences Between Villas and Independent Houses

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You must know that almost everyone dreams of owning a home. But the biggest issue that people have when looking for a home is whether to choose independent houses or villas. 

There are many reviews on this subject; villas or single homes have advantages and disadvantages, and the choice largely depends on the faction. Depending on their needs and requirements, they can choose anything. 

Before buying a villa or an independent house, you should consider a few factors, including your budget, available space, capacity, location, and environment, as well as other factors. 

So carefully consider the differences between villas and independent houses before deciding. 

Independent Houses 

Independent houses are typically the ones that are built on their land, have boundary dividers, and belong to the person who owns them. Separate houses are usually freestanding and have a private plot of land. These detached homes are situated on unclaimed land. All occurrences and maintenance tasks are entirely the owner’s responsibility. 

Independent homes are more akin to traditional dwellings, where the development and upkeep are the responsibility of the purchaser or homeowner. 

Boon and bane of Independent houses 

An independent house is built on a large plot with many advantages and disadvantages. The benefits and drawbacks of living in independent homes are as follows:

Benefits 

  • A separate home allows for complete privacy. 
  • You could have the house built to your tastes and preferences. 
  • You can alter the home to suit your requirements and needs, for example, by adding more floors as needed to an independent house. 
  • When necessary, the area could be expanded. 
  • You will have enough room for all your chores, and you can also start a small garden or do anything else that fits your style.

Drawbacks 

  • Living in an independent house may raise serious security concerns. 
  • The maintenance fee is high because you must install all the required appliances, such as the air conditioner, refrigerator, and power backup. 
  • The land’s price may increase if you need to build an independent home, making it less likely that you can afford it. 

Villas 

The easiest way to represent a home that is significantly more opulent and luxurious than the partner of a line house is through a villa. They are beautifully finished and come with modern, top-of-the-line amenities. Due to their direct road access and lack of shared walls with other homes, villas are typically independent structures. 

Villas are also exceptionally well-kept homes; they are designer estates with private swimming pools, furnished porches, sun decks, double-height porches, and other extravagant amenities for the owner. Due to their size and other amenities that set them apart from similar structures, villas typically cost more than duplexes or independent houses. 

Benefits and drawbacks of Villas 

Many people may aspire to live in a villa, but you should know its advantages and disadvantages before moving in. 

Benefits 

  • Living space is a luxury found in villas.
  • They have adequate privacy, and no one can easily invade your privacy. 
  • There is no overcrowding as it is exclusive. 
  • If you own a villa, you also acquire ownership of the land. 
  • Villas are scalable and represent a person’s distinct identity. 
  • The area and the surroundings of the villas are excellent and very tranquil. 

Drawbacks 

  • When compared to other independent houses or duplexes, villas are more expensive. 
  • A villa requires much more maintenance than another home, which increases the cost. 
  • Villa dwellers may have serious security concerns and may need private security. 

Key Differences between Villas and Independent House 

Location 

In upscale housing colonies with gated communities, where residents from comparable social strata live, villas are located on pre-delineated plots. On the other hand, independent houses are standalone structures that can be constructed anywhere. They may be built in residential areas or tucked between commercial buildings. 

Design 

Villas and independent houses are stand-alone buildings that offer comfortable and ample living space. They both stand on the plots that came with the building, but it’s not about the similarities between the ends. Villas are often modern in design, double-story, and offer all the latest in lavish lifestyles, while independent houses (also known as bungalows) typically offer traditional living space designs. 

Lifestyle 

Villas have private interior walkways, paved walkways, and meticulously maintained gardens, lawns, and hedges. You can walk or jog with your dog in these areas without worrying about being hit by a car or having your dog pushed by one because they are clean, safe, and less polluted. Independent houses constrained by their boundary walls do not offer such lovely advantages. It might be expensive and inconvenient for independent homeowners to include these extras. And, as one might expect, peaceful evening strolls or early-morning jogs on public streets for owners of independent housing may quickly become nightmares. 

Neighborhood 

Independent homeowners cannot rely on having like-minded neighbors, but you may be sure of living among individuals who share your social position. When you stay in a villa, you can be sure of the type of neighbors around you. Almost everyone will be in the same social class as you. It may not be a sure thing when it comes to independent houses. 

Security 

Most villa projects are located on secure campuses with round-the-clock security measures. When owners are away at work or on vacation, they can be confident that their property is safe. Conversely, independent residences are more prone to damage and theft. Only a few independent homeowners incur the cost of hiring security for themselves because it can be expensive. In-villa complexes where other residents share the price, 24/7 security is cost-effective. Security services make a significant difference between a house and a villa.

Amenities 

The luxuries that come with each must be considered when comparing houses and villas. One significant feature of a villa home is the abundance of opulent amenities. There could be amenities like tennis courts, jogging trails, swimming pools, gyms, and swimming pools outside. All the villa community residents have access to these amenities, which the developers provide for their villa communities. Due to the potential expense, single-family independent houses cannot afford to furnish their property with these features. 

Conclusion 

You should now understand that villas and independent houses offer a comfortable and extrinsic lifestyle. As we can see, while independent residences typically offer traditional floor plans for living spaces, villas are usually contemporary, double celebratory, and have every opulent way of life. 

We can infer from the distinction between independent houses and villas that the two remain on their respective lots and share a place with the property owner. Additionally, that is where the similarities between the two closures are found. Here’s a glance at the contrasts between these sorts of homes. 

On the other hand, separate homes could be constructed according to your needs in areas with roomy villas. Therefore, consider all aspects discussed in the article before deciding whether to buy or build a home. 

Fully Furnished Commercial Office Space for Rent in Noida

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Are you looking for fully furnished commercial office space for rent in Noida? Or searching for a prominent location in Noida? If so, read this article for a few options without leaving the house. We have collected all the data about the fully furnished commercial space in Noida for rent. 

Noida has developed into one of the most commercially focused areas. Multinational corporations and even SMEs are eager to find the best fully furnished commercial office space in Noida for economic and financial advancements because of the city’s high-end amenities and magnificent commercial lifestyle. 

Let’s take a quick look at how purchasing a fully furnished commercial office space in Noida may be beneficial.

  • In Noida’s well-known business district, rental yields are higher, and capital growth is a bonus. Rental rates in commercial real estate are considerably higher than those for homes. Due to numerous multinational corporations expanding their offices here with new businesses growing steadily, there is a significant increase in the demand for commercial office space. Noida is the hot spot for firm investors. 
  • Low Vacancies: It is essential to ensure that a property is not vacant for an extended period when investing in office space. Noida stands out as the business hub thanks to the constant demand for office space, which reduces the likelihood that the office will be vacant for an extended period.
  • Another element that makes life convenient for employees and employers who must commute to their place of employment every day is the connectivity of office space to other surrounding areas. 

Fully Furnished Office Space for Rent in Noida: Amenities 

There are many amenities available in Noida’s fully furnished and high-end office spaces, like: 

  • Conference rooms 
  • Video conferencing 
  • High-speed internet 
  • Printing and scanning services
  • Reception 
  • 24/7 Security 
  • Cafeteria

Why rent fully furnished office space in Noida 

Prime locations 

A great location is a crucial element that significantly affects your company’s reputation. One of India’s most modern and well-planned cities, Noida has cutting-edge infrastructure. 

Compared to other Indian cities, Noida’s well-planned roads are much better and have less traffic, saving travelers time. Nearly 20% of Noida is covered in greenery, providing your office with fresh air, a livelier atmosphere, and a captivating view. 

Connectivity 

Now, everyone needs to have good connectivity. Noida is regarded as one of India’s most well-planned and convenient cities, with simple access to essential locations. People who work in Noida’s stunning international offices can travel easily between places thanks to the city’s 21 metro stations and five magnificent expressways. By providing your staff with convenient access from home to the office, simple transportation can improve the efficiency of your company. Additionally, the Indian government is promoting the use of wide roads and highways, the Delhi Metro, and the Noida Metro Rail Corporation (NMRC) to increase connectivity. 

Availability of a large workforce

Economic and technological advancements have created a wealth of skilled job opportunities. Numerous well-known businesses have established themselves in the IT and ITES industries, creating employment opportunities for people. As a result of this opportunity, people have moved to Noida in search of work, boosting the city’s thriving workforce. 

News reports claim that Noida received a staggering INR 64,000 crore in investment, the most of any district in India. The city now has more than 4.5 lakh job opportunities thanks to this significant investment. 

Boosting Market Demand

Regarding commercial real estate, Noida has recently been the most popular trend. Purchasing office space in Noida can be incredibly profitable because of how much its value has grown over time. Office space is in high demand as India’s economy continues to grow. With some significant launches of high-end amenities and projects, impressive growth has been observed, adding further demand for commercial real estate properties in Noida.

 Top Office Micro markets in Noida 

  1. The high-quality office space and fantastic connectivity to other areas of Noida and Deldi make Sector 62 a well-known micro market. Numerous contemporary office complexes and coworking in the area thanks to recent significant development. 
  2.  International companies can be found in Sector 125 along the Noida-Greater Expressway. Excellent infrastructure and access to a skilled workforce are provided in the area. 
  3. Sector 132: This small market has excellent access to other areas of Noida and Delhi and is close to the Noida-Greater Expressway. Numerous startups and IT companies are based in the area. 

Depending on the location, size, and amenities provided, different premium office spaces in Noida have different rental prices. However, because they do not require upfront capital expenditures, they cost less. 

Fully furnished and premium office spaces in Noida are suitable for businesses, including startups, small and medium-sized enterprises, and large corporations. These spaces are ideal for companies that want to establish a professional presence in Noida without committing to a long-term lease or investing in expensive infrastructure. 

Bottomline 

Businesses looking to establish a professional presence in the Delhi-NCR region have options, including fully furnished and upscale office space for rent in Noida. Noida is an excellent location to expand your business in 2023 and beyond due to its first-rate connectivity, superb amenities, and flexible lease options. 

Best Property Dealers in Greater Noida Uttar Pradesh

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In difficult times, most people seek out every opportunity to reduce expenses. Who wouldn’t want to save an additional 3% on a home purchase, or $3,000 per $100,000 sale price? Buyer’s agents typically earn that amount on real estate deals, and many experts believe it is money well spent. 

Anyone can look at houses and tour them without formally working with a property dealer in Noida. A property dealer, however, can match you with the ideal property much more quickly if you make home hunting a part-time job. 

Let’s say you desire a pool or choose not to have one. You may want a kid’s playroom in the basement or a dog’s enclosed yard. If you have a specific home in mind, a property dealer is best suited to determine whether such a home exists and will also guide you through the purchasing process. 

Let’s examine some of the top advantages of working with a property dealer to purchase a home in Noida. 

Experience: 

If you want to purchase a property in Greater Noida, hire a knowledgeable and experienced dealer. He will successfully guide you through buying a property by securing a loan, arranging for the inspection and repairs, concluding a title search, and other steps due to his experience and knowledge. 

Information on market conditions: 

Market conditions determine the selling and buying prices; real estate agents know the market history and current conditions. The agent knows the average price per square foot of comparable homes, the median and average sales prices, and the ratio of supply to demand in the local micro markets.

Negotiation skills 

Unlike most buyers and sellers, property dealers can detach themselves from the feelings of the transaction, which allows them to negotiate effectively. They can evaluate the worth of a house based on their experience, so they can tell if the seller is asking for more. Some others think the agent only thinks about his commission, but this is untrue. He has a job to perform, and it’s up to him to get you the best deal on the house you want. He’s paid for it, and he understands it very well. 

Neighborhood knowledge 

When you need to learn more about a property’s neighborhood, a dealer can help. They can tell you everything from the selling history of the house across the street to information about the schools in the area. They can forecast the best-selling price of a property using their extensive database. 

Property dealers work as buffers.

When you show up or visit the property, dealers remove the spam. If you’re a new home buyer, your agent will draw a sword and keep the builder’s agents at a distance so they can’t bite you or nibble at your heels. If you’re a seller, your agent will screen out calls and work to get only serious buyers to submit an offer right away. 

Characteristics of an efficient property dealer in Greater Noida 

An efficient real estate agent can easily facilitate a successful transaction. Different roles for a property dealer include consultant, marketer, business manager, analyst, advocate, and negotiator, among others. The followings are the best qualities and distinguishing traits of a property dealer in Greater Noida:

  • Problem-solver: While there may be multiple problems, a successful property dealer can quickly find an original solution. They are adept at resolving real estate issues and have developed creative marketing plans to attract the right clients.  
  •  Self-driven: To succeed, a property dealer needs to be highly driven and able to make intelligent decisions.
  • Integrity: In a career as a property dealer, you need a solid professional reputation. A reputation can be demonstrated, such as by upholding high moral standards.
  • Hustle: It takes a lot of energy to succeed as an excellent property dealer. To have a happy client, real estate agents should be driven to follow up on every lead they receive throughout their careers. Working efficiently is just as important as putting in the necessary time. An efficient real estate agent should know every proper practice needed to close the deal.
  • Building a network of contacts within the real estate industry is one of the property dealer’s successful traits. Home inspectors, buyers, sellers, brokers, and other industry officials should be on the list of connections. 
  • The phrase “knowledge is power” is well-known. Property dealers will attract more clients if they stay current on all estate-related topics in their local markets.

An agent is your ally, whether you’re buying or selling a home. As you can see, using a real estate agent has many advantages. Remember that the growth of agents’ and realtors’ businesses depends on referrals. In other words, they’ll go above and beyond to ensure you’re happy and satisfied with their service so you can tell your friends and family about them. Additionally, the agent you choose will be there for you when you need to sell or purchase another property. This is an additional benefit and a further justification for hiring a real estate agent.

Income from House Property Problems and Solutions: Expert Proven Solutions for Landlords

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Income from a property that includes any building or land attached to it is taxable under the heading “house property.” House property is divided into three categories to calculate income under this heading: let-out, self-occupied, and deemed let-out house property. 

Based on its annual value, a house property’s income is calculated. An annual value is determined by considering a variety of variables, including municipal valuation, fair rent, standard rent, and actual rent. Even if a property isn’t rented out throughout the year, its annual value is calculated on a notional basis and, as a result, taxed. However, the yearly value of any two of these properties is considered “nil” if they are both self-occupied or the owner can’t occupy them because of his employment, business, or profession at another location. 

As per Section 14 of the Income Tax Act of 1961, there are several ways through which 

a person can earn an income. This income is taxable. For the computation of taxes, these methods are broadly categorized under five heads. Income from house property is one such source.

  • Self-occupied residential property: In this situation, no income was made. 
  • Let out house property: In this scenario, the income earned is the actual amount of rent received. 

How do we determine the income from housing? 

To calculate the income from housing, follow these steps:

  • The gross annual value of the property (how to determine the gross annual value of real estate) – A self-occupied home has no yearly value. It is the income received for a home’s rent from an occupied rental property. After that, the article will respond to a frequently asked query about how to calculate the salary for a self-occupied home. 
  •  Reduced Property Tax: The GAV of the property is reduced when a property tax is paid. 
  • Net Annual Value (NAV) = Gross annual value – income tax
  • Section 24 of the Income Tax Act permits a deduction of 30% of NAV, which can be reduced to the standard of the 30% limit; other costs like painting and fixes are not eligible for tax relief. India has strict case laws governing income from residential property.
  • Reduce house loan project: Under Section 24, mortgage interest paid during the year is also deductible. 
  • Find your house property income by multiplying the resultant value by 100. This is subject to tax at the appropriate slab rate. A self-occupied house’s annual value fluctuates according to the housing market.
  • Loss from house property: Since a self-occupied home has no GAV, taking the home loan interest deduction will result in a loss from house property. Carefully calculate the income from a residential property. 

How do you figure out a house’s gross annual value?

The amount of money the assessee earned in a given year because of the land the person or she owned is known as income from house property. The gross annual income is calculated differently for each category. The different types are listed below. 

Category 1: Residential property leased or rented over the previous 12 months

In the following situations, the gross annual value of a home that was rented out in the previous year is higher:

a. Expected rent, also known as deemed rent, is determined by using the higher of the municipal valuation or the fair rental value.

b. The exact rent amount that the assessee receives from a property that is either entirely or partially rented out.

According to the clause, the amount of rent received must be considered the gross annual value of the real estate if it exceeds the anticipated rent. If the amount of rent collected falls short of what was expected, the anticipated amount is equal to the gross annual value of the real estate.

The higher the expected/deemed rent, the higher the municipal or fair rental value. 

Category 2- Residential property partially rented or let out during the year

If a home was rented out for a specific amount of time but is vacant for the remainder of the year, there are two possibilities. 

Case 1: Despite the vacant period, the total rent collected is higher than anticipated. In this case, the actual rent paid matches the gross annual value of a house property. 

Case 2: Due to the vacant time, the total rent collected is less than the deemed rent. In this case, the actual rent received equals the gross annual value of a house property.  

Case 3: A residential property was used as a rental for a portion of the year but was otherwise self-occupied.  

In this case, the time the house property was used for the taxpayer’s use is unimportant. The higher the actual rent paid for renting out a property for a specific period or the planned rent for the entire year, the higher the gross annual. 

What is self-occupied property? 

Self-occupied property is real estate an assessee uses as their primary residence for the entire year. Even if the taxpayer’s spouse, parents, or children live there while the individual is away for personal or professional reasons, it would still be considered self-occupied property.

How is a Self-Occupied house property’s tax liability fixed?

Due to the amount of loan repayment and property tax repayment, the owner of a self-occupied home incurs a loss when there is no income from the property. The tax exemption on home loan interest for a self-occupied property is up to Rs. 2 lakhs under Section 24(b) of the Income Tax Act. Up to Rs. 1.5 lakh of the principal amount of a home loan is exempt from taxes under Section 80(C).

Residential Flats for Sale in Salt Lake Kolkata

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Salt Lake, known as Bidhan Nagar, is one of Kolkata’s planned satellite towns. It is also the city’s IT hub. The municipality of Bidhan Nagar is located in North 24 Parganas. The territory is divided into sectors I through V and then into blocks. It is a well-developed neighborhood on the city’s northeastern outskirts. 

Other well-known areas nearby are Salt Lake City, Kestopur, Lake Town, South Dum Dum, Baguiati, and Ultadanga. Much is horizontal construction, like detached homes and modest apartment buildings. 

Salt Lake City is well-liked because it offers the best commercial and residential space. This area is always in high demand from prospective homebuyers from India and abroad because it has a wide range of residential units and upgrades with all necessary infrastructure. For many years, Salt Lake City observed the expansion of Kolkata’s real estate. 

Are you looking for a home in Salt Lake City? An area with easy access to local hospitals and schools, good connectivity, and appropriate surroundings. 

Reasons for investing in Salt Lake City in Kolkata 

Connectivity 

The E.M. Bypass links Salt Lake City to southern communities, and state buses connect all major routes. The Netaji Subash Candra Bose Airport and Bidhannagar Railway Station are also nearby and easily accessible via all forms of public transportation.

Infrastructure

The infrastructure of Salt Lake City is operated and developed by the KDMA (Kolkata Metropolitan Development Authority). It is also close to reputable hospitals, educational institutions, shopping malls, amusement parks, restaurants, retail spaces, and banks. Upcoming metro railways are also contributing to the growth and demand in this sector. 

Landscape 

Salt Lake City has all the nearby areas, such as the city center, and it’s enriched with residential units like independent bungalows and top-notch flats with all the amenities where people want to live their most comfortable lifestyle. Because it has the most reasonably priced residential flats and rental apartments, this area supports working professionals and students from other states. The most convenient location for living is there, and property values are rising. The region is split into several sections, including Salt Lake Sectors 1, 2, 3, 4, and 5. Sector 5 business centers support working professionals, whereas the other sectors have housing options for all demographics. The New Town and Rajarhat are both the closest to this location.  

IT Hub 

The numerous office buildings in Salt Lake City house all the top IT centers, including Tech Mahindra, Genpact, HCL Technologies, Siemens, TCS, and Wipro. While there is severe A-grade office space in cities like Bangalore, Chennai, and Mumbai, Salt Lake City has a sizable area for providing commercial spaces that are highly regarded by reputable technical players from India and abroad. 

Places to Visit in Salt Lake, City Kolkata 

Mother’s wax museum 

It is known as the Madame Tussaud’s of Kolkata. It has gained popularity among both locals and visitors. Taking pictures next to life-size models of various personalities is entertaining. You’ll find wax statues of freedom fighters like Mahatma Gandhi, Subhas Chandra Bose, Jagdish Chandra Bose, Rabindranath Tagore, Kazi Nazrul Islam, singers such as Manna Dey, Lata Mangeshkar, and Kishore Kumar, actors such as Shahrukh Khan, and Salman Khan, sports legends like Diego Maradona and Sachin Tendulkar, and hugely popular movie characters including the likes of Harry Potter, Jack Sparrow, or the entire Avtar ensemble. 

Eco Park 

Eco Park is Kolkata’s largest park and offers a variety of exciting activities. If you come here the next time you’re looking for something to do, your day will be planned. You can play on trampolines, go biking or boating, take a toy train or even a buggy tour of the entire park, or just try to do it on foot. There is a sizable body of water where you can go kayaking, speed boating, and water and land zorbing. You can also practice ice skating, archery, and rifle shooting. A few cafes and restaurants are located within the park’s grounds where you can get a quick snack. 

Central Park

Central Park, situated in Salt Lake City, is a beautiful green space. There is a trail that resembles a forest in the park that is practically unheard of elsewhere. It is a peaceful area, ideal for a stroll. When strolling, keep an eye out for a beautiful sunrise. The park is built around a sizable lake that offers boating access. Central Park is stunning with its never-ending, enormous, lush green lawns and variety of wildlife. Numerous aquatic birds, including egrets and lesser whistling ducks, live there. It also has some themed gardens, including a vibrant butterfly garden and a well-kept rose garden.  

Salt Lake Stadium 

Vivekananda Yuba Bharati Krirangan (VYBK), also known as Salt Lake Stadium, is a multi-use stadium in the Salt Lake neighborhood of Bidhannagar, with an 85,000 capacity. According to seating capacity, it is India’s second-largest stadium. There is nothing like enjoying a football game here. Everything is beyond anything you may have encountered, including the mass, the hollering, and the snacking.

Things to do in Salt Lake City, Kolkata

Get away with virtual reality.

Nothing’s better than VIREL if you are bored and want to escape into the virtual world. With their head-mounted display and special effects, VIREL, or virtual reality entertainment and leisure gaming cafe in Salt Lake, will ensure you experience the adventures of the closest possible reality with zombies, space monsters, and even army expeditions. This may become your favorite spot to hang out with friends and engage in new-age adventures. 

Shopping 

Salt Lake is one of Kolkata’s best shopping destinations when looking beyond the city’s vibrant market scene. The AMP Vaisakkhi Mall and City Center Mall are in Salt Lake City. Both of these malls offer many different establishments for a satisfying shopping experience. The food court and other restaurants also

offer delectable fare. While hanging out with your friends, watch a movie at the theater, play video games at the arcade, or just window shop. 

Eat at the top international restaurants.

Since Salt Lake is one of Kolkata’s affluent neighborhoods, it makes sense that there are excellent restaurants there and nearby. Kolkata’s oldest and most popular Bengali restaurant is at 6 Ballygunge Place in Sector 1. You get to eat in a heritage bungalow over a century old, with walls covered in images of Calcutta. When in Salt Lake City, you should also check out Oudh 1590. This restaurant offers some of the best Mughlai food in the city and has an old charm. 

Weekend Celebration

This neighborhood holds some of the city’s hottest new bars and nightlife venues. It’s only natural to want to end your day with some drinks and good music on the weekend. Raize the Bar has a microbrewery with four different types of craft beer. The venue’s large dance floor and live music are an excellent choice for a fun evening. You can also watch sports and mingle with a lively crowd. Check out our 10 Downing Street and Backstage pubs for guaranteed top-notch music, food, and drinks. 

Communities to purchase residential flats in Salt Lake City

Ideal Aquaview, Salt Lake

Type of flats: 2, 3, 4 BHK
Area per flat: 1050-1950 sq. ft.

Ideal Aquaview is a beautiful residential community in Salt Lake City, Kolkata. It is a well-planned society with all of the necessary amenities. This property is part of an integrated township that encompasses 9 acres. In terms of the surroundings, it is very well maintained and clean.

The Ideal Aquaview is outfitted with all the modern amenities and facilities required to live a comfortable lifestyle. For the convenience of its residents, amenities such as a banquet hall, jogging and strolling track, outdoor tennis courts, flower gardens, guest accommodations, a kid’s play area, a library and business center, a meditation area, and multipurpose courts are available.

2. Karunamoyee Housing Society, Salt Lake

Type of apartments: 2, 3 BHK
Area per apartment: 680-1100 sq. ft.

Karunamoyee Housing Society is a well-thought-out residential development in Salt Lake City. It is a large-scale housing society of the highest quality. The proximity to major public infrastructures such as malls, educational institutions, and hospitals is the highlight of this society. It is also close to top consulting and IT firms in Salt Lake, which form the economic backbone of Kolkata.

Karunamoyee Housing Society provides basic amenities such as a clubhouse, security, maintenance staff, and a kids club to its prospective residents to offer comfort and convenience.

3. Sourav Abasan, Salt Lake

Type of apartments: 2, 3 BHK
Area per apartment: 892-1100 sq. ft.

One of Salt Lake City’s most aesthetically pleasing residential communities is Sourav Abasan. It is a relatively compact property with a 1-acre lot. The location is peacefully surrounded and designed to offer comfort. Sourav Abasan provides affordable residential apartments. Especially given the low cost of the housing.

This society includes all the amenities and facilities required for a simple modern lifestyle, such as a lift, reserved parking, security, visitor parking, maintenance staff, flower gardens, power backup, waste disposal, jogging, and a strolling path, to name a few.

4. Sun Helios Mansion, Salt Lake

Type of flats: 1, 2, 3 BHK
Area per flat: 464-1458 sq. ft.

Salt Lake City’s Sun Helios Mansion is a top-notch housing complex. This magnificent residence has been thoughtfully constructed and equipped with all the contemporary amenities required for a relaxed and comfortable lifestyle. As the name suggests, Sun Helios Mansion apartments are light and get a lot of sun during the day. It is also well-ventilated and airy.

To give potential residents a convenient place to live, Sun Helios Mansion includes amenities like a 24-hour water supply, 24-hour power backup, CCTV surveillance, covered parking, indoor games, a landscaped garden, a lift, a party area, rainwater harvesting, and security personnel.


5. GPS Meena Avalon

Type of flats: 2, 3 BHK
Area per flats: 902-1387 sq. ft.

GPS Meena Avalon is a residential society located in Salt Lake City. The many benefits of this property make this house a fantastic choice. It is enhanced by a prime location, a luxurious lifestyle, top-notch amenities, and healthy surroundings, making it even more alluring and impressive.
The interiors are equally stunning due to the designer tile flooring, granite countertops, contemporary sanitary fittings, and large windows for adequate lighting.

GPS Meena Avalon offers a variety of facilities, including a landscaped garden, earthquake resistance, CCTV surveillance, a gym, a play area, a lift, a clubhouse, parking, fire safety, a jogging track, 24-hour power backup, drainage and sewage treatment, table tennis, security, and  24-hour water supply. In addition, suitable security equipment is installed to guarantee the residents’ safety every day, every week.