Real Estate Insights & Guides
Expert analysis, investment guides, and latest property news from Noida, Greater Noida, Yamuna Expressway & pan-India.
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Builders Cannot Deduct More Than 10% on Homebuyer Cancellations: Supreme Court
The Supreme Court of India has issued a landmark verdict that reinforces the rights of homebuyers against unfair contractual terms imposed by real estate developers. In a significant decision, the apex court has ruled that builders cannot deduct more than 10% of the basic sale price (BSP) when a homebuyer cancels their booking. Protecting Homebuyers
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Budget 2025: Own Two Homes Without Tax Burden, No TDS till Rs 6 Lakh Yearly Rent
The Budget 2025 has made life simpler for homeowners and tenants. Individuals earning up to ₹12 lakh annually will enjoy ZERO income tax liability under the new tax regime. The real estate sector and homeowners have two important changes to cheer. Tax-Free Second Home In Budget 2025, homeowners are now allowed to have two self-owned
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Property Tax in Delhi: How is Property Tax Calculated?
Property tax in Delhi, governed by the Municipal Corporation of Delhi (MCD), follows the Unit Area System (UAS) for calculation. The tax amount is determined by factors like the property’s location, size, usage, age, and occupancy type. Below is an updated, detailed guide to understanding property tax calculation, rates, rebates, and exemptions for residential and
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YEIDA Launches New Residential Plot Scheme Near Noida International Airport
The Yamuna Expressway Industrial Development Authority (YEIDA) has introduced a new residential plot scheme on Yamuna Expressway, offering 451 plots in proximity to the Noida International Airport in Jewar. YEIDA’s latest residential plot scheme (Scheme Code : RPS08(A)/2024) targets mid-income group buyers, with plots available in five distinct categories, catering to varying needs and budgets.
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Noida Authority Makes Tripartite Sale Agreement Mandatory to Protect Apartment Buyers
The Noida Authority has made an important change to protect homebuyers. It now requires a tripartite sale agreement to be signed between the buyer, developer, and the Noida Authority for sale of apartments in under-construction projects. This agreement must be registered as soon as the buyer pays 10% of the property cost to the developer.
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How to Check for Loans on a Property Before Buying?
Planning to buy a property anywhere in India? It’s an exciting step, but you need to be careful! Some sellers defraud buyers by hiding the fact that their property is mortgaged, and buyers only find out when the bank or lender claims the property after the sale. You can stay safe by checking for any