Applicable Registration Fees and Stamp Duty for Purchasing a Flat

Applicable Registration Fees and Stamp Duty for Purchasing a Flat

1. Introduction to Registration Fees and Stamp Duty Registration fees and stamp duty are inevitable costs that need to be met by every individual purchasing a flat. A deed of sale of immoveable property for the value of over a prescribed amount must compulsorily be presented either for adjudication or for registration. On failure to present the documents, such a document is made to lose legal efficacy...

Legal and Regulatory Framework for Running Tuition Classes in Residential Flats in Mumbai

1. Introduction to Tuition Classes in Residential Flats in Mumbai Tuition Classes in Residential Flats in Mumbai are a common sight in Mumbai. They reveal the growing demand for supplementary education, a fast-growing practice in India that garnered a significant turnover in 2020. There is pressure on young urban students, such as academic stress, peer pressure, exam pressure, and the need for...

Assessment of Floor Space Index (FSI) for Residential and Commercial Construction in Mumbai

Assessment of Floor Space Index (FSI) for Residential and Commercial Construction in Mumbai

1. Introduction to Floor Space Index (FSI) Floor Space Index (FSI) is an important parameter in any developing urban area. It provides one of the important bases for planning and development control. When correctly determined, FSI dictates the allowable built-up area on a given plot. On the other hand, it has also to be determined by way of translating land use policy, transportation management and...

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Expert Perspectives on the Commercial Real Estate Markets in Mumbai 2025

1. Introduction to the Commercial Real Estate Sector in Mumbai The commercial real estate sector plays a crucial role in the functioning and economy of any metropolis, with its significance being even more pronounced in a city like Mumbai. Comprising properties such as office spaces, retail establishments like shopping centers and high-street shops, and industrial, technology, and warehousing...

MHADA Lottery Schemes

Comprehensive Guide to MHADA Lottery Schemes

1. Introduction to MHADA and its Role in Affordable Housing MHADA Lottery (MHADA) for the Maharashtra Housing and Area Development Authority. It was established in 1948 and has been a key facilitator of affordable housing in Maharashtra since. The organization was established by the government of Maharashtra with the primary goal of catering to the housing needs and problems of economically weaker...

An In-depth Analysis of the Cost of Real Estate in Mumbai

1. Introduction to Mumbai Real Estate Market Given its status as the financial capital of India, Mumbai is one of the most important real estate markets in the country. The city has its own unique characteristics as it has evolved through centuries. This development has dictated the unique identity of this city and has resulted in disparities between different neighborhoods. In all of its glitzy...

The Dynamics of Real Estate Agents Work With Property Sellers

Top 10 Best Real Estate Agents in India in 2024

1. Introduction to the Real Estate Industry in India Top 10 Best Real Estate Agents in India is a mind-boggling business running in the Indian market since forever. When we hear about real estate in India, images of land, flats, houses, and buildings are the things that pop up. The sector is one of the most recognized because of its lucrative and profitable growth, which often outweighs many other...

The Dynamics of Real Estate Agents Work With Property Sellers

The Dynamics of Real Estate Agents Work With Property Sellers

1. Introduction to Real Estate Agents and Their Role This paper discusses the collaboration that occurs between a Real Estate Agents and a property seller during the process of selling a property. The selling of a property is a complex and time-consuming process due to the unique nature of properties and due to different property seller and buyer characteristics. Property sellers engage the services...

Real Estate Agents in Mumbai Roles, Responsibilities, and Compensation

Real Estate Agents in Mumbai: Roles, Responsibilities, and Compensation

1. Introduction to Real Estate Agents Real Estate Agents in Mumbai Roles, Responsibilities, and Compensationis essential for property transactions. They bridge the gap between sellers and buyers, and provide market intelligence. Without them, parties may struggle to understand the market and get a fair deal. There has been an estimated 12-15% annual growth of real estate agents in India. The number...

An In-depth Analysis of the Mumbai Development Plan 2034

An In-depth Analysis of the Mumbai Development Plan 2034

1. Introduction Mumbai Development Plan 2034 Mumbai's issues of inequality, overpopulation, and cramped living conditions are representative of larger urban India. The challenges that the city faces are large-scale, with rapid urbanization due to internal migration fueling the growth. The city has evolved as an outcome of town planning schemes that began at the onset of the Industrial Revolution....

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