Many people think buying property from a first time developer is very risky proposition. But actually it’s a myth. Read on to know how a first time real estate developer help you reap in good returns.
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Buying Property From First-Time Developers Could Act
Developers Await The Arrival Of Genuine Home BuyersDemonetisation of high-value currency notes has led to a sharp fall decline in home sales, especially in the resale market segment. In a scenario such as this, developers are pinning their hopes on genuine home buyers to come back to the market with their white money.
Key Property Tax Developments Of 2016While many cities of the country witnessed a surge in property tax collection post the government’s demonetisation drive, there were some that had gone the digital way for submission of property tax. There were many such developments that took place in the property tax regime in the top nine cities in 2016. Here are some such key developments.
City Beat: Post Demonetisation, Developers ContemplaAlong with developers going online, they are also taking a step forward to assure such home buyers that compensation would be provided in case prices fall further.
RERA Is Not Just Good For Buyers, It's Great For DevConsumer-friendly Real Estate (Regulation and Development) Act, 2016, is a buyers’ delight. But the penalty of a jail term of up to one year for a home buyer was added to give an equal footing to both the parties — because rights and duties go hand-in-hand.
last update - 18-01-2017