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Real Estate Terms, Definitions & Dictionary (India)

Real Estate Terms, Definitions & Dictionary (India)

A Abatement Notice A notice served on the owner(s) or occupier(s) of a property from which a private nuisance arises, warning them of the intention to enter on the land in order to abate the nuisance. It is a legal order to refrain from carrying out an activity that creates a statutory nuisance such as […]

All you need to know about Floor Area Ratio

All you need to know about Floor Area Ratio

The floor area ratio (FAR) or floor space ratio (FSR) denotes the maximum floor space that can be constructed on a given piece of land. In other words, it is a ratio between a building’s total constructed floor area and the land area. It is also known as Floor Space Index (FSI) in some markets. […]

Dos and don’ts for paying token money for a property purchase

Dos and don’ts for paying token money for a property purchase

What is token money? Once a home purchase deal is finalised between a buyer and a seller, a formal process is initiated to conclude it legally. This starts with the buyer paying the seller a small portion of the transaction value, to show his genuine intentions. This payment, in Indian real estate parlance, is commonly […]

Pros and Cons of Investing in Land

Pros and Cons of Investing in Land

Tell me a name who does not wants to earn profits other than doing a job??? I think no one. Earning a handsome amount of money is not a requirement but a necessity of life. This is because of this fact that people tend to make an investment to reap profits on a longer and [...]
When to Rent and When to Buy a Property???

When to Rent and When to Buy a Property???

There is a popular proverb in British which says, “Fools build houses, and wise men live in them”. Most of the time it is used by many when they talk in favour of purchasing a home instead of staying in a rented space. Buying or renting, both are the two sides of a coin and [...]
Does it Really Make Sense to Prepay a Home Loan?

Does it Really Make Sense to Prepay a Home Loan?

I don’t think there is even a single person on this planet who does not aspire for a home. In a country like India, where hundreds and thousands of people are working day and night only to earn the basic amenities, that mere feeling of owning a home is more than enough to make you [...]
What to Do If Your Home Loan Application Gets Rejected?

What to Do If Your Home Loan Application Gets Rejected?

At some point or the other, everyone dreams to have a home. But, there are many who don’t succeed to turn their dream into reality either because of limited finances or family responsibilities. For them, the only option left is to opt for a home loan. It is one of the most convenient and easy [...]
5 Things You Should Avoid Doing While Buying A Home

5 Things You Should Avoid Doing While Buying A Home

Buying a home is like living a dream. You wake up every day, work hard for it and save every single penny you earn to turn this dream into reality. As a big portion of India is first time home buyer, hence they tend to do a lot of mistakes, which can prove disadvantageous for [...]