જમીનનું સંપાદન : સરકાર ફરજયાત જમીનનું સંપાદન કરે ત્યારે યોગ્ય વળતર રકમ મેળવવા બાબત – સરકાર 2 રીતે ખાનગી માલિકીની જગ્યાઓ લે છે. (1) ટૂંકા સમય માટે. (2) લાંબા સમય માટે / હંમેશા માટે. Act 1894 જમીન સમ્પાદન અધિનિયમ આખા ગુજરાત માં લાગુ છે, આથી દરેક મિલકત નો આખરી માલિક સરકાર જ છે, અને સરકારને સમ્પાદન નો અધિકાર છે. …
All you need to know about Mutation of property
There have been times while selling your property, the prospective buyer would have asked for a copy of the latest mutation. Many people do not know the importance of the document hence, let us start with understanding what mutation is? “Mutation is the change of title ownership from one person to another when the property is sold or transferred.” …
Solar Power : A Homebuyer’s Viewpoint
Solar power promises to change the way electricity is generated in the country, and it has an impact on the real estate sector as well. With Mr. Narendra Modi raising the target of solar electricity generation from 20,000MW to 100,000MW by 2022 at a cost of $100 billion, the market for everything solar has suddenly come to life. As pollution…
Power of Attorney and its importance in real estate.
Power of Attorney (PoA) is an important legal document in real estate and property related transactions. However, not many people understand the importance of documents. Autoscale team would explain the power of attorney and its significance. What is Power of Attorney : A power of attorney is an instrument that is used by people (principle) to confer…
All you need to Know about Stamp Duty
What is stamp duty & why to pay it? Possession is the physical transfer of the property is not sufficient. You also need to have legal ownership. At the time of registration, you will also have to pay a stamp duty which is a government tax levied on property transactions. Buying a house is one of the biggest…
Real Estate Basic Knowledge – Loading Fector,OSR, FSI & Construction Stages
Loading Factor : Loading Factor can be defined as the area which includes the proportionate share of the common area for a flat which is determined by applying a multiplier to the carpet area. In general, builders include space around staircases and elevators as common areas while calculating the loading factor. Thus, loading factor, when combined with the carpet area,…
Top 10 frequently asked questions about GST on real estate sector
With the Goods and Services Tax (GST) set for a nationwide rollout on July 1, 2017, property seekers continue to have numerous queries on this new indirect taxation regime. Autoscale Team gets the experts to answer the top 10 most popular questions pertaining to the GST. 1: Will property prices go up, with the GST being applicable…
Documents needed while doing a purchase/sale of property?
The following documents are required to be carefully seen (in case of bank loans, the bank will also demand these) – 1. Blue print of the plan from the builder (In case of flat / constructed property)[not relevant for land] 2. Commencement certificate[not relevant for land] 3. Completion certificate [not relevant for land] 4. Permission for Non agriculture use of…