Chennai’s real estate landscape is undergoing notable changes due to recent policy shifts, impacting homebuyers, developers, and investors. The 2024 policy framework in India, marked by fiscal incentives, regulatory reforms, and infrastructure development, is strongly impacting the city, traditionally known for its stable market. As Chennai adapts to these changes, important questions about affordability, sustainability, […]
Luxury Living in Chennai: Top Reasons to Invest in Lancor’s Project
“Vandhaarai vazhavaikum Chennai” – this Tamil adage, meaning “The city that welcomes and nurtures everyone who comes to the city”, encapsulates the city’s timeless appeal. It is the perfect place to live or buy a home. Chennai, a metropolis that perfectly blends tradition with modernity, offers a unique living experience. It’s a city where ancient […]
Role of Chennai Unified Metropolitan Transport Authority (Cumta) in Real Estate Development
Established in November 2010 by the Government of Tamil Nadu, CUMTA is the nodal agency for transport in Chennai, ensuring safe and sustainable urban mobility. It coordinates across agencies to deliver seamless bus, train, and metro rail services. The rules were notified in January 2019, and the act was amended in January 2021, with the […]
How to Identify Land Zones in Chennai – A Guide to Different Land Zone Types
When investing in real estate in Chennai, it’s crucial to understand the different types of land zones and their designated uses. Zoning regulations dictate what type of construction is permissible in a specific area. This blog will guide you through identifying land zones in Chennai and explain the different zone types. Also, visit our site […]
Understanding Property Taxes and How They Affect Your Purchase
When buying a home, getting caught up in the excitement of finding the perfect property is easy. However, beyond the price tag and mortgage rates lies an often-overlooked but crucial aspect of homeownership: property taxes. Understanding property taxes and their implications can significantly impact financial planning and decision-making. Let’s explore all your doubts about property […]
Understanding GST Implications on Flat Purchases and its Significance for Home Buyers
Getting your own house is a big deal for lots of people. But it can also involve various financial factors to be taken into account. As a home buyer, navigating the complexities of purchasing a property can be a scary task. One crucial aspect that often catches buyers off guard is the Goods and Services […]
How do you Choose the Right Home Among the Plenty of New Projects?
The housing market is abuzz with activity. New projects, promising modern amenities, swanky designs, and idyllic lifestyles are popping up everywhere. But for you, the homebuyer, this abundance can be paralyzing. How do you pick the right one? Don’t worry, this comprehensive guide will equip you to navigate the options and find your dream dwelling. […]
City or Suburbs? Weighing the Pros and Cons of Different Living Environments
We’ve all dreamt of the perfect neighborhood, a place where convenience dances with serenity, where career opportunities waltz with cozy backyards. Choosing where to live is like a dance with trade-offs. In the city, you get the energy but also the crowded feeling. In the suburbs, it’s peaceful, but you might find yourself dependent on […]
The Top Safety Features to Look for in a Senior Living Community
As we grow older, our living needs change. Many seniors seek out a community with guest suites for family visits, on-site healthcare, and recreational activities to remain active and socially connected. But of utmost importance when considering senior living is the safety of its tenants. With little ones running around, useful security features are vital […]
General FAQs about Apartment Registration
As a homebuyer, you have the responsibility to register your apartment with the Government. This process involves paying stamp duty and registration charges and is done in accordance with the provisions of the Registration Act of 1908. If you are a first-time homebuyer and are not familiar with the process of property registration in India, […]
Gated Community vs. Builder Floor Apartment? Which One should You Prefer?
Are you planning to move to a new residential unit? There are overwhelming options for you to decide and reside. Before moving into a residential community, it’s good that you’ve an idea about the pros and cons. For this post, we’ve chosen two residential units – gated community vs builder floor apartment. Every residential unit […]
Things to consider while drafting a property will
A property will is a legal document which clearly defines how an individual wishes to distribute their assets after they pass away. Drafting a will is important as it facilitates smooth property transfer to the right heirs without any hassles. According to the Indian Succession Act of 1925, a property will is a legal declaration […]
How REITs work and why you should invest in it?
There is no doubt that the introduction of ground-breaking regulations like the GST tax structure and RERA has significantly impacted the Indian real estate industry. Along with these, a new concept called Real Estate Investment Trusts (REIT) has emerged which has the ability to streamline the real estate industry by making it more organised, progressive […]
A handy guide to make 2019 the year of real estate investment
Come every new-year, the first thing on our minds is a resolution to follow that year. For some, it may be habits to lose, and some others mark the beginning by starting something new. One of the most popular practices that is followed every new year is planning to make an investment. In the never-ending […]
Top 5 reasons why millennials should start investing in real estate
By 2021, India will embark on its journey of becoming the youngest country in the world. As per the 2013-14 economic survey, more than 64% of India’s workforce consists of individuals between the ages of 20 and 35. Due to the huge financial power that they possess, millennials are considered to be the most influential […]