What exactly is an OC or an occupancy certificate? The local authorities grant an occupancy certificate (OC), which certifies that the building is suitable for occupation and its development has been in accordance with the approved plan and the local law. It is a must-have document one must receive while purchasing a property. Who is […]

Everything about Home Loans one needs to know A house loan or a home loan is essentially an amount of money lent from a financial institution or bank to buy a house. Home loans consist of flexible or fixed interest rates and payment terms. In the home loan, the owner of the property transfers the […]

In a glimpse: All about Business Loans A business loan is a debt-based lending agreement between a corporation and a financial institution such as a bank. It is usually used to finance large capital projects and/or to cover running expenses that the company would otherwise not be able to manage.  A business loan is a […]

Mortgage Loans A mortgage loan is a loan used either by real estate purchasers to generate revenue for the acquisition of real estate or, similarly, by current property owners to raise funds for any possible reason at the same time as a bond on the mortgaged property.    There are six types of mortgage loans […]

RERA Rules: The intention of designing the RERA Act was solely to bring transparency to the real estate sector. The RERA Act was introduced to abolish problems within the real estate sector. It aims to reduce delays and failures in the project. At the moment, all builders or developers must make the RERA registration before […]

RERA Article RERA is an abbreviation for the Regulatory Authority for Real Estate. The intention of designing the RERA Act was solely to bring transparency to the real estate sector. The RERA Act was introduced to abolish problems within the real estate sector. It aims to reduce delays and failures in the project. At the […]

On the argument that real estate development is the best driver for mass job creation in a short span of time, the government might finally give industry status to the sector in its Budget for 2018-19. This has been the real estate industry’s long-standing demand. “A midsize affordable housing project gives employment to at least […]

PUNE: The Maharashtra Real Estate Regulatory Authority (MahaRERA) on Wednesday decided to slap a penalty of Rs 50,000 each on the 480 ongoing housing projects that registered with it after the July 31 deadline. “We had allowed the developers to register their projects, but a decision on the penalty was pending. At a meeting on […]