When buying, selling, or registering a property in India, two values often create confusion—Government Value and Market Value. Many people assume both are the same, but in reality, they serve very different purposes. Understanding this difference helps you avoid legal issues, plan taxes properly, and make smarter property decisions. What Is Government Value? Government value, also called...
Real Estate
Give you clear per-sq-ft figures main Indian cities, list the common construction types, and explain the realistic profit/savings if you self-construct vs hire turnkey — plus how labour (labour-only) contracts work in practice. per sq ft, 2025 Rates City Wise Chennai: ₹1,800–₹3,500 per sq ft depending on area & finish. Central/premium pockets push ₹2,800–3,500; regular suburban...
Transferring property after someone’s death is one of the most sensitive legal processes. Families often face confusion, paperwork delays, and disputes because they do not know the correct procedure. The best method depends on whether the deceased person left a Will, did not leave a Will, or had already created joint ownership or a living trust. 1. Transfer Through a Registered Will (Best Method...
Selling a property can bring huge financial relief, but it also comes with a major obligation—Capital Gains Tax (CGT). Many property owners get confused about which tax applies, how much they need to pay, and what legal options exist to reduce or avoid capital gain tax. 1. What is Capital Gain Tax on Property? When you sell property for more than what you paid for it, the profit is called a...
When you're planning to buy or sell a property, you’ll encounter two different valuations — government price (also called guideline value or circle rate) and market price. Knowing how these values differ can help you make informed negotiations, calculate taxes, and spot fair deals. Understanding Government vs Market Price of Property What Is Government Price (Guideline Value)? The...
When you buy or verify land, one of the most important details you need is the land survey number. This number acts as the land’s unique identification code in government records. It helps you check ownership, boundaries, and land classification. Whether you’re buying property, verifying ownership, or checking encumbrances, knowing how to find the land survey number is essential. What Is a Land...
Property is one of the most valuable assets an individual or organization can possess. It represents ownership, wealth, and security, making it a cornerstone of investment and development. Before buying, selling, or investing, it’s essential to understand the different types of property that exist. Properties vary not only in structure and use but also in legal classification and ownership...
The terms leasing and renting are often used inter changeably, but they carry different meanings and implications. Whether you are a tenant searching for a new home or a property owner managing a residential unit, understanding the difference between a lease and a rent agreement is essential. The choice between leasing and renting not only affects your financial commitments but also your flexibility,...
Buying a home is one of the biggest financial and emotional decisions in life. Every buyer dreams of finding that perfect property which feels “just right.” Yet, one question always stands at the center of the decision: what matters more—location or size? While some buyers lean toward spacious homes with modern amenities, others prioritize convenience, connectivity, and neighbourhood value. The...
Selling a home is one of the biggest financial decisions most people make in their lifetime. When you plan to sell ? you face a critical question: Should you hire a real estate agent, or should you sell the property yourself (For Sale By Owner – FSBO)? Both choices come with advantages and challenges, and your decision should depend on your comfort level, time availability, negotiation skills,...