Apartments for rent in RNA Grande

Following an order of the Allahabad High Court, the Noida Authority has said it would not issue occupancy certificate to real estate company Omaxe for its project Grand Omaxe in Noida till the builder pays dues to the tune of Rs 250 crore. About 300 residents are already occupying flats in this project since 2012 without the units being registered.

The Uttar Pradesh government will introduce a Bill in the Legislative Assembly that would assure maiden grand-daughters who have lost their father a share in the ancestral property. According to the amended Hindu law, in case the property remains undivided after the death of the father of an unmarried woman, the deceased man’s legal heirs must provide her maintenance under the provisions of the Hindu Adoption and Maintenance Act, 1956.

For India’s Real Estate Regulatory Authority (RERA) to function well, a lot of other requirements need to be in place. According to a study by industry body Assocham, about 31.1 million people must be recruited to let these state bodies function. Additionally, the sector-specific law is creating grand opportunities for other businesses, too.

Although most young buyers look for apartments because these are easier to maintain, villas and bungalows have still not lost their charm. Bengaluru, of late, has opened up with options developed by both private developers as well as by the Bangalore Development Authority. After successfully allotting 90 per cent of the developed villas at Alur, the development body has invited tenders for the next lot of villa developments at Hunnigere village of Dasanapura.

You own a grand piece of real estate but do not know how to make the most of this asset. You are not sure if you can take the risk of giving this property on rent. Tenants may not be able to take care of this precious asset like they ought to. In such a scenario, your grand mansion remains unproductive. What can you do? Why not rent it to film production companies? This could turn out to be a great money-making exercise.