“LIST OF DOCUMENTS REQUIRED FOR BUYING A FLAT ON RESALE”

1.AGREEMENT TO SALE/ SALE DEED/ INDEX II 2.DEED OF APARTMENT 3.SHARE CERTIFICATE IF CO-OP HOUSING SOCIETY REGISTERED 4.SOCIETY NOC/NO DUES CERTIFICATE 5.BLUE PRINT 6.LIST OF DOCUMENT IF SELLER HAS BANK LOAN ON PROPERTY 7.SOCIETY REGISTRATION CERTIFICATE 8.COMPLETION CERTIFICATE 9. LIGHT BILL 10.PROPERTY TAX BILL/RECEIPT 11.PARKING ALLOTMENT LETTER 12.BANK NOC /NO DUES FROM SELLERS LOAN BANK 13.PAN CARD XEROX OF SELLER & BUYER 14.ID PROOF / PAN CARD XEROX 15.FLOOR PLAN 16.POSSESSION LETTER 17.PARKING ALLOTMENT LETTER Top 5 Pre-Launching Project In Pune West Market:- Supreme Estia Baner :-https://bit.ly/2LHF136 ANP Atlantis Baner :-https://bit.ly/2Th1qIQ Park Astra Park District Hinjewadi :-https://bit.ly/30rya6j The Central Park …

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FUNCTIONS OF “REAL ESTATE AGENTS” UNDER MAHARERA ACT

not facilitate the sale or purchase of any plot, apartment or building, as the case may be, in a real estate project or part of it, being sold by the promoter in any planning area, which is not registered with the Authority maintain and preserve such books of account, records and documents as may prescribed not involve himself in any unfair trade practices, namely: — (A) the practice of making any statement, whether orally or in writing or by visible representation which————————————————— (B) permitting the publication of any advertisement whether in        any newspaper or otherwise of services that are not …

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MAHARASHTRA GOVERNMENT REDUCES STAMP DUTY 2%TO BOOST REAL ESTATE SECTOR.

MAHARASHTRA STAMP ACT The Government of Maharashtra, being satisfied that it is necessary to do so in the public interest, hereby reduces the stamp duty by Two per cent. For the period starting from the 1st September 2020 and ending on 31st December 2020 and one and half per cent. For the period starting from 1st January 2021 and ending on 31st March 2021. Top 5 Pre-Launching Project In Pune West Market:- Supreme Estia Baner :-https://bit.ly/2LHF136 ANP Atlantis Baner :-https://bit.ly/2Th1qIQ Park Astra Park District Hinjewadi :-https://bit.ly/30rya6j The Central Park Chinchwad :-https://bit.ly/2Dc9mGM Mantra Monarch :-https://bit.ly/30ypGKR Top 5 Real Estate Brokers in …

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“REAL ESTATE TAXES IN MAHARASHTRA”

GST: – GST (Good & Service Tax) on property in Maharashtra Under GST, a single tax rate of 12% is applicable on properties under construction while GST is not applicable on completed or ready to sale properties which was the case in previous law. Current GST Rates In Maharashtra:- GST rate on real estate With the intent to simulate demand amid a prolonged slowdown, the government has reduced the GST rate on property transactions significantly. This could potentially lower the buyers’ pay-out by 4%-6% on the overall purchase, believe experts.While the new tax rate without input tax credit (ITC) will apply on all new projects, builders were …

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Residential real estate strongly poised for a bounce back: Godrej Properties

KEY HIGHLIGHTS Real estate sector has been under pressure for a very long time Work has started in few cities, things still at a standstill in Maharashtra Current situation will accelerate the consolidation in the sector The residential real estate sector is poised for a strong comeback as affordability is at the best, says Mohit Malhotra, Managing Director & Chief Executive Officer, Godrej Properties. Speaking to ET Now, he said, “once the economy comes back we will see a very sharp recovery in the residential real estate sector. because affordability is at all-time high. Repo rate of 4.4% is the lowest …

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Why You Should Invest in Real Estate Now??

Amid coronavirus pandemic, real estate has once again emerged as the safest investment option. For Indians, owning a home has been traditionally considered a matter of prestige as well as safety. The sector has been in the doldrums from the last few years with the sharp rise in equity markets with investor sentiment favouring the latter. A preference for paying rents as against making long-term investment commitments in homes gained prominence. The reluctance to invest in real estate was based on shorter returns, a higher rate of interest on home loans and the argument that it is cheaper to rent …

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