Nagpur: The state govt has netted over Rs 1,540 crore from stamp duty collections for the financial year ending on March 31, 2024, posting a growth of 40% over the previous fiscal in the city with the collection from rural areas- as an additional Rs 470 crore. As the figures are being finalized, the tally is expected to cross Rs 1,480 crore. A target of Rs 1,500 crore. With a 7% stamp duty payable on...
We, all work hard for our money but as the old cliché goes “Is your money working hard for you?” An investment is an asset or item acquired with the objective of generating revenue or appreciation or both. Whichever avenue you decide to invest your money, there’s one thing that should be at the forefront of your decision-making and that’s risk. There’s always a purpose behind financial...
Zindagi ki shuruat say le kar aantthak Real Estate hi Real Estate hai. Nothing can be done without Real Estate, surprised or shocked at such a bold statement? Start Thinking! You are born either at Home(owned or rented) or a Hospital, then you go to School-College-University, then to work in an office or shop or factories or in today’s time work from home, whenever you go on a holiday, you stay...
Putting capital on properties in Nagpur in the present day, is one of the best strategy towards a profitable return Paces of property in a few of India's Tier-II urban areas moved upwards in the past half a decade even as prices remained unchanged or even declined in some major cities of the country after reaching a peak during the same period. Therefore, property in urban communities like Lucknow and...
India, like all major emerging economies, has been witnessing accelerated urbanization. As per the census of India in 2001, about 69%of the population lived in rural areas and just 31% in urban areas. Roughly, 600 million people are expected to make urban India their home by 2031, a whopping 59% growth over 2011. Proficient town planning and management is the need of the hour, smart cities will facilitate...
The global pandemic is a major tragedy and has impacted life as well as the global economy in one of the most disturbing ways ever. As governments struggle between public health and economic choices while battling Covid-19, one view seems to be gaining ground: that trade-offs in real estate are different in the developing countries, like India. The real estate prices in the country have dropped by up to...
Hi! First of all let me take the opportunity to thank all my broker friends, colleagues and some of you who have worked with me as employees or as associates, who sent me their good wishes on Teacher’s Day, the 5th of September, 2020. I was truly amazed and bewildered by the no. of messages which came in. I also thought of thanking all those, who sent me messages, in my own way by suggesting a few...
Atmanirbhar Vastu Vyavasthapan Atmanirbhata or self-reliance, is not a mantra of the new age. The Ashram philosophy coupled with Ayurved – a lifestyle of Indian origin is centuries old and speaks about a contented livelihood. Purush Dharmais associated with a balanced wellbeing of a person, which is divided into four Ashramas. The Purush Dharma propagates malkiyat (ownership) as...
The Corona virus pandemic is a tragic global health crisis that has changed life as we know it, and has had one of the most significant impacts ever on the global economy. As governments struggle between public health and economic choices while battling Covid-19, one view seems to be gaining ground: that trade-offs in real estate are different in the developing countries like India. As Covid force...
“Is a real estate agent needed?” For ages this has been a big question that is looming over prospective sellers or buyers of real estate. Brokers are often looked down up on in the Indian society and for a simple reason that their manner of working & functioning is totally disorganized. Since no specialized training is required just about anyone can become a broker. This freedom and ease has been...