The Stamps and Registration Department, Government Of Karnataka has begun a series of meetings and are deliberating the revision of property guidance rates or circle rates of the properties in the state of Karnataka to enhance the revenue through Registrations. The property market is already under severe pressure due to demonetisation and the implementation of … Continue reading Registration Value or Guidance Value of the properties is under revision
It is quite common that developers and builders borrow from the lenders at ABNORMAL interest rates ( minimum with security (property documents-gold-diamond) is 24% per annum and it goes up to 60% per annum and for immediate (emergency requirement) it is Rs.1,000/- per lakh PER DAY and works out at whopping Rs.3,65,000/- interest per year … Continue reading BANGALORE`S BOWRING INSTITUTE LOCKER WITH RS.500 CRORE WORTH “BUILDERS DOCUMENTS-TITLE DEED” – FOUND-ONE OF THE MANY SUCH DISCLOSURES
THE KARNATAKA RERA AUTHORITY MAY IN ALL LIKELIHOOD BLACKLIST AS MANY AS 924 PROJECTS in KARNATAKA, 90% of the projects are located in and around Bangalore. According to Urban Development and Housing Minister U.T. Khader, these projects were identified for not having registered under RERA and were issued the notice. “Since they did not respond, … Continue reading 924 projects may be blacklisted in Karnataka by RERA
Some Amazing investors might have gained or made a good profit in a short-term real estate business. But, that was the PAST. The real estate market is good and better than the stock market, as the available land for human development is being restricted or limited and it does not GROW, therefore, there is every … Continue reading INVEST IN REAL (GOOD) ESTATE TO FETCH MODERATE TO GOOD RETURNS – ON LONG TERM INVESTMENT
There is a spurt of action/activity from entrepreneurs in the real estate and service industry in the country and few have the tempting and attractive offers with best ever review about their business ( new concept ) and the subsequent high return on the investment. Seminars are conducted in major metros and other attractive Indian … Continue reading NEW INVESTMENT IDEAS (concepts) FROM NEW COMPANIES in REAL ESTATE
The Government and BBMP are seriously contemplating to revive the removal of the encroachment of raja kaluve and secondary channels in Bangalore during this monsoon to avoid hardship and flooding.