When it comes to investments, real estate is considered to be one of the most sought after avenues in comparison to investments in stock market and mutual funds etc. In other investments one has to be careful about various parameters that can have an effect on the return and may even incur very heavy losses....Read more
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Encumbrance Certificate: Flaws and Limitations
After months of research Vishal Das, a Bangalore based brand consultant, invested in a posh 3 BHK flat in an upscale locality. He bought it from an NRI who dutifully transferred all the necessary documents in Vishal’s name. An Encumbrance Certificate (EC) was also issued for a specific period. But little did both seller and...Read more
How To Insure Your Property
A large number of Indians opt for insurance policies on vehicles, valuables, and gadgets against loss, theft and other risks. But on an average, buying property is the largest financial investment made by most Indians with possibly the highest risk factors attached and yet does not see any penetration in the Home Insurance sector. The...Read more
Interesting Facts About Property
Enlighten yourself with authentic real estate facts, BBMP rules, important property paperwork to buy/sell, property tax payment, real estate trends in Bangalore and all the formalities involved to obtain property paperwork ...Read more
Chennai devpt body seals three buildings that violated rules in George Town
CHENNAI: Cracking the whip on illegal constructions, the Chennai Metropolitan Development Authority (CMDA) on Friday sealed three multi-storey buildings in George Town area. While two of the the ground-plus-two-floor buildings that faced the axe are at Anna Pillai Street, the third is at Coral Merchant Street in Mannady. “These buildings got approvals for certain number...Read more
