Real Estate & Property Blogs

What is FOIR? Meaning, Full Form, and Importance in Home Loans

Buying a home isn’t just about choosing the right location or finding the perfect layout. Behind every approved home loan is a careful financial check — and one of the most important metrics banks look at is FOIR.....

What Are Title Deeds of Property? Registration, Types & How to Get One

Hey there, fellow property enthusiasts! If you've ever dipped your toes into real estate, whether eyeing land for sale in Manali for that dreamy hilltop getaway or scouting ....

What Is a Mortgage Deed? Format and Its Types Explained Clearly

Whenever property and loans come together, documentation becomes the backbone of the transaction. One such critical document is the mortgage deed. ....

What Is Bayana? The Basics of Token Money in Property Deals

Hey there, fellow Chennai property hunter! If you've ever scrolled through listings for plots in Chennai or dreamed of snapping up land for sale in Thirumazhisai,....

What Is a Property Valuation Certificate and How to Get it Online?

Hey there, fellow property enthusiasts! If you're dipping your toes into real estate—whether you're eyeing land for sale in Perambur or scouting land for sale in Maraimalai Nagar—you've probably....

What is a Succession Certificate?

If you’re navigating inheritance issues tied to property, especially in a fast-growing city like Chennai with expanding demand for residential and commercial spaces; understanding succession certificate...

Joint Ownership of Property in India: Types, Legal Rights, Advantages, and Tax Implications

Buying property in India is rarely just a financial decision. It’s emotional, strategic, and often shared. Whether it’s spouses planning their first home, siblings investing together..

Top Up Loan: Meaning, Eligibility, Documents, Benefits, Process, and Tax Advantages

Real estate decisions rarely happen in isolation. You buy land, start building, plan expansions, handle family needs, or spot an opportunity that needs quick funding..

Section 24(b) of Income Tax Act – Home Loan Interest Deduction Explained Clearly

Buying a home or investing in land is not just an emotional milestone, it’s also one of the smartest tax-planning moves available in India. If you are servicing a housing

How to Get Stay Order on Property? Meaning, Process & Fees Explained Clearly

Property disputes are stressful. Whether it’s a family disagreement, a boundary issue, or a sudden third-party claim, things escalate quickly when ownership or possession is challenged

What is Power of Attorney? Definition, Meaning & Types

Legal authorizations can save you time, energy, and a whole lot of trouble when dealing with property, financial, and personal issues....

Section 80EEA of Income Tax Act: Eligibility, Deduction Limit & Tax Benefits

Purchasing a property is often one of the biggest milestones in many lives. But as property prices have increased, buying a house feels like a dream for individuals today. ..

eSevai Tamil Nadu: How to Register, Login & Check Application Status

If you are purchasing land or property in Tamil Nadu, you've most likely heard about eSevai, the e-governance portal of the state Government of Tamil Nadu. ..

How to Get a Non Encumbrance Certificate Online: Meaning & Format

When participating in property transactions, it is critical to ensure that the property is free of any legal or financial obligations...

What is Defect Liability Period (DLP)? Meaning & Importance Explained

Owning a home is considered one of life's most significant milestones. Imagine you've just moved into your dream home...

What is Repo Rate? Meaning, Impact on Home Loans, and Recent Changes

In India, the repo rate is a fundamental factor influencing borrowing costs, which has a cascading effect on consumer choices and the country's economy. The repo rate is determined by the Reserve Bank of India (RBI)...

Bhu Aadhaar: ULPIN Online Registration & Status Check in Tamil Nadu

In a nation where land ownership has long been a complicated and frequently contentious issue, the Government of India made a revolutionary move towards transparency and computerization ..

What is Adverse Possession in India? Meaning, Law and Documents Required

In India, property rights are intensively linked with family lineage, heritage, and centuries-old family traditions. The idea of a person being able to claim the right over land simply..

How to Pay Tambaram Property Tax Online and Check the Status

Tambaram's real estate market is witnessing a surge in property deals due to the advantage of being located within the Chennai Metropolitan Area, as well as urbanization..

What is Corporeal Property? Definition & Meaning in Law

In Indian property law, the concept of corporeal property carries a lot of importance. It denotes tangible property - Properties that can be touched, viewed, and owned...

Ready Reckoner Rate: What Is It? Understand what it means, how to calculate it, and how to check it online.

The Ready Reckoner Rate is one term you may encounter if you intend to purchase or sell real estate in India. It is a value declared by the government that significantly impacts the cost of registration and real estate..

Loan to Value Ratio (LTV): Define, Calculate & Formula

To Value Ratio (LTV) is a term you'll likely encounter if you intend to apply for a home loan or land loan in India. This ratio is essential for figuring out how much loan you can get against the value of your property, whether you're looking at residential..

Understanding Coparcener and Coparcenary Property Under Hindu Law: Meaning and Rights

The intricate fabric of Hindu Law encompasses unique concepts related to property ownership and inheritance, particularly within the framework of a Hindu Undivided Family (HUF)...

What is a Reverse Mortgage Home Loan for Senior Citizens?

As people age, financial independence often becomes a concern, especially for those who’ve retired and have no steady income source. If you own a house but find yourself short on regular income, a reverse mortgage could be the perfect financial tool to ease your worries...

Decoding House Rent Allowance (HRA): Meaning, Calculation Formula, Exemption & Rules

For salaried individuals in India, understanding the various components of their salary is crucial for effective financial planning and tax optimisation. One such significant component is the House..

What is Bank Auction Property? Its Meaning, Problems & Procedure

Plots for Sale in Chennai and bank auction property in Chennai are increasingly becoming popular investment opportunities. Bank auction properties...

What is Rectification Deed? Meaning, Format, Charges, and Key Details

A rectification deed is a vital legal instrument used to correct errors or mistakes in previously executed property documents, such as sale deeds and title deeds...

What is the Lease Deed? It's Meaning, Format, Example and Types

A lease deed is a legally binding contract between a lessor (landlord) and a lessee (tenant) that outlines the terms and conditions for renting...

What is a Letter of Indemnity? Know about the Form, Meaning, and Format

A Letter of Indemnity (LOI) is a legally binding document that guarantees compensation to one party in the event of loss or damage incurred due to the actions of another party. It serves...

What is Possession Certificate Meaning and How to Apply?

A possession certificate is a crucial document in real estate transactions, serving as legal proof that a property has been transferred...

What is No Objection Certificate (NOC) Meaning? Know about it Formats, Documents Required and Importance

A No Objection Certificate (NOC) is a legal document that signifies that an individual, organization, or agency has no objections to the details specified within the document...

Family Settlement Deed: Meaning, Formats, and Property Transfer Process

A Family Settlement Deed is a crucial legal document that plays a significant role in resolving disputes among family members regarding property and assets. This deed not only helps maintain family harmony but also ensures a legally binding...

Land Encroachment Act: Understanding Its Laws and Implications

Land encroachment is a significant issue that affects property rights, urban planning, and community relations. The Land Encroachment of Land Act serves as a legal framework to address unauthorized occupation of land, particularly government-owned land...

Stamp Duty on Gift Deed: Registration, Charges, and Calculation

Transferring property ownership through a gift deed is a common practice in India, especially among family members. However, understanding the implications of stamp duty on gift deeds is crucial for both donors and donees...

What is Ancestral Property: Meaning, Laws, and Rights Explained

Ancestral property holds profound significance in Indian culture and law, particularly within Hindu families. It represents not just a legal asset but also a connection to heritage and lineage. Understanding the nuances of ancestral property—its definition,..

Stamp Duty on Rental Agreements: Charges, Calculation, and Registration Process

Whether you are looking for plots for sale in Minjur or in other parts of Chennai for investment and renting it out or you are looking for property that you can rent, it is crucial to be aware of what a rent agreement...

Types of Plots: Residential, Commercial, Industrial, and Agricultural

Owning land has always been a lucrative investment avenue, regardless of whether it has been purchased for building your home or as a strategic investment. Whether you are looking for plots for sale in Villivakkam...

Types of Apartments – Semi-Furnished Vs Fully Furnished Vs Unfurnished

The world of real estate is full of excitement, often leaving you in a state of a dilemma of which property you should choose, based on your lifestyle, requirements, and budget...

What Is a Home Loan Sanction Letter? Its Meaning, Format & Charges

In your journey towards buying a home, one essential document that significantly impacts the entire process, is the home loan sanction letter The home loan sanction letter format is proof of loan sanction, meaning that your loan application has been approved by the lender...

Kutcha and Pucca Houses: Types, Differences, and Definitions

In housing, the terms “kutcha house” and “pucca house” have been used for centuries to describe and categorise different dwelling structures. A semi-pucca house is also considered a pucca house...

What is Capital Gain Taxes? Meaning, Difference, Tax Exemptions and Filing Return.

At its core, a capital gain occurs when an asset is sold for more than its purchase price, resulting in a profit. This profit is subject to taxation, known as capital gain taxes...

Partition Deed: Meaning, Format and Registration Charges

A partition deed is a legal instrument that plays a crucial role in formalizing the division of property among co-owners.It outlines the specific shares each party will receive, ensuring clarity in ownership ...

Will Deed Explained: Meaning, Format, and How to Register It

A Will Deed is a legal document that outlines an individual’s intention regarding the distribution of their assets and property after their passing. It serves as a formal declaration of intent, ...

What Is a Commencement Certificate? Meaning, Format, and Process to Check Online

A Commencement Certificate (CC) is a crucial document in both the construction and business sectors. It signifies that all necessary approvals ...

Guideline Value in Tamil Nadu: All you need to know

Guideline value refers to the minimum value assigned to a property by the government for the purpose of registration and taxation. Guideline value in Tamil Nadu serves as a crucial benchmark for property...

Mortgage Loan: Meaning, Types, Process to Apply & Eligibility

Purchasing a property is a significant investment, but not everyone has the necessary funds readily available. That's where a mortgage loan comes in, providing the financial support needed to make such a major...

Studio Apartment Meaning Explained: Everything You Need to Know

The host of multinational corporate and IT parks, along with educational institutions in Chennai, has recently led to the rise in demand for studio apartments. If you are a working professional or a young couple ...

What is a Relinquishment Deed? Meaning, Format, Registration Process

In the context of property ownership and transfers, relinquishment deeds hold significant importance, especially in cases involving joint Hindu properties in India. This legal document enables the transfer of ownership rights from one person to another, typically used when a co-owner or legal ...

What Does RERA Carpet Area Means and How is it Calculated?

While making a real estate purchase, it is crucial to understand the different terminologies associated with property measurements. It has a direct impact on a variety of things, like property value, seller-buyer negotiations, etc. There are several words that are commonly used when someone ...

What is Circle Rate? How to find Property Circle Rate?

Chennai, the bustling metropolitan city of Tamil Nadu, is witnessing a continuous surge in real estate transactions. The real-estate properties in Chennai are characterised by a diverse range of options, from luxurious apartments to price-efficient housing options in the suburban areas ...

What is the Fair Market Value of Property? How to Calculate the Market Value?

Picture this: You are at the crossroads of a significant financial decision, one that could impact your future. Perhaps you are considering buying a property, investing in a piece of land, or even selling a property that has been in your family for generations. In each of these scenarios, one critical...

What is a Trust Deed? Its Format, Registration in Tamil Nadu

When delving into the complexities of property ownership, it's common to encounter unfamiliar legal terms, such as "trust deed." These documents can be perplexing to those who are not well-versed in property law. This blog is designed to clarify...

Understanding Occupancy Certificates: Meaning and its Requirements

Owning a home is a significant milestone in anyone's life, often symbolizing financial stability and personal achievement. In fact, for many, moving into a new homeis the culmination of years of hard work and planning...

What is a Legal Heir Certificate? How to Apply Online and Documents Required

A legal heir certificate is a crucial document required after the death of a family member. It serves to officially establish the relationship between the deceased individual and their legal...

What is Property Mutation? Its Application Procedure & Documents Required

Buying or selling a real estate property is one of the most tedious tasks, as it comes with a number of legal formalities. There are so many things that need to be checked off the to-do list before...

What is BBMP and How to Pay BBMP Property Tax Online?

Bruhat Bengaluru Mahanagara Palike (BBMP) is the municipal corporation responsible for civic administration and infrastructure development in Bengaluru, the capital city of Karnataka. It is one of the largest urban local bodies in the country, overseeing a wide range of public services...

What is Completion Certificate (CC) in Real Estate?

A Completion Certificate (CC) is a vital document received upon the completion of a construction project. Its primary purpose is to certify that the construction has been executed according to the approved building plans and complies with all relevant regulations and safety standards. The issuance...

Joint Development Agreement: Complete Guide

Joint developments are alliances between land owners and the developers. Joint development agreement enables developers to access prime locations without the upfront costs of land acquisition, while landowners can leverage their assets to participate in lucrative development projects they might not...

What is land survey number? How to check it online?

Land survey number is a crucial and mandatory identity in defining and identifying land parcels in India. Whether you're buying, selling, or managing property, understanding survey numbers is essential for legal clarity and hassle-free property transactions. Further, land survey number is essential when...

Patta in Tamil Nadu - Apply & Check Patta online in Tamil Nadu

Patta is a crucial land ownership document issued by the government that establishes the lawful possession of a property. Patta in Tamilnadu serves as a primary legal document and is essential for various land-related transactions across the state.

What is Sales Agreement and its Types?

As the options available in land for sale in Chennai keep rising, with the city having undergone significant development recently, Chennai is attracting real estate investors and homebuyers from all over the country, including many first-time buyers as well. As lucrative as investing in Chennai’s real estate...

Home Equity Loans: Meaning, Interest Rate, Lenders and Application Process

If you have ever wondered how to tap into your home's financial potential without having to sell it, consider home equity loans. These loans allow you to borrow funds by leveraging the investment you have already made in your home. Home equity loans...

What is REIT (Real Estate Investment Trusts) With Its Types & Benefits?

In the last few years, the real estate industry has experienced a significant surge in India. Due to the rising demand for residential and commercial properties, real estate is slowly emerging as a popular investment avenue. Real estate investments are...

Khata Certificates: Meaning, Types and Process to Apply Online

When investing in property, it's essential to take a little caution. Whether you're opting for a home loan or making a full cash payment, verifying all the documents related to the property is crucial. These include the sale deed, title deed, property agreement,...

What is a Conveyance Deed & Its Types?

Whether you are a realtor, attorney, or someone looking to buy real estate, chances are you've encountered the term 'conveyance' in your journey through the real estate world. At its core, a conveyance deed formally conveys the rights, title and ownership interest in a property from one party to another. It serves...

What Is Undivided Share (UDS) And How To Calculate UDS?

An undivided share of land (UDS) refers to a portion or percentage of ownership interest in a piece of property that has not been physically divided or separated among multiple owners. In other words, it represents a fractional ownership interest.....

Understanding Encumbrance Certificates and Its Process to Apply Online

An encumbrance certificate is a crucial document that verifies the legal status of a property. It outlines any monetary or legal liabilities attached to the property, such as mortgages, liens, or pending litigations. This certificate is typically.....

Difference between Fixed and Floating Interest Rate

In India, where real estate is a significant investment avenue, home loan rates hold immense significance. They influence the purchasing power of potential buyers, affecting demand, sales, and ultimately, property prices. Moreover, with the Reserve.....

GST on Real Estate Sector: A Complete Guide

Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services in India. It has a significant impact on the real estate sector. This guide provides an overview of real estate GST in the transactions, including.....

Floor Space Index (FSI) in Chennai: Means, Calculation Formula and, Rules

Floor Space Index means how much building you can have compared to how much land you've got. It represents the ratio of the total floor area of a building to the total area of the plot of land on which it is built. FSI building construction regulations vary.....

What Is TNHB and Process to Get Flats under Tamil Nadu Housing Board Scheme?

Since its establishment in 1947, the Tamil Nadu Housing Board (TNHB) has been a central institution in the state's efforts to tackle the ongoing issue of housing for its residents. Over the years, TNHB has become...

What Is Tenant Verification? Tamil Nadu Tenant Police Verification Process Explained

Home owners often rely on Tamil Nadu Police Verification Service for ensuring credibility of new tenants while making rental agreements. With a focus on thorough background checks and verification processes, the Tamil Nadu Police...

TDS on Rent: What Is It? How is TDS on Rental Income Calculated?

Tax Deducted at Source (TDS) is a mechanism implemented by the Income Tax Department to ensure a steady inflow of tax revenue by collecting a portion of tax at the source itself. TDS on rent,...

What is Rental Agreement and Its Types?

A rental agreement is a vital legal document that plays a crucial role in safeguarding the interests of both landlords and tenants It serves as a blueprint of the rental arrangement, delineating the terms such as duration...

What is E Stamp? How to Purchase e-Stamp Paper Online in India?

Before Exploring the Details of E-Stamp in Property Transactions it is essential to comprehend why paying stamp duty is a fundamental aspect of executing secure and legally authorized property transactions...

What is Plot Loan - Its Process & Documents Required?

A plot loan, also recognized as a land loan, is specifically designed for individuals looking to purchase a piece of land or plot for constructing a house. Unlike regular home loans...

Understanding about Home Loan Processing Fees and Charges

Embarking on the journey of buying a home in India comes with its fair share of financial planning and understanding. A crucial aspect of this journey is becoming familiar with the various fees...

Property Management Definition & Its Types

Property management is careful oversight of real estate assets, focusing on their maintenance, profitability, and seamless operation. Experts in this field are tasked with the management...

PM Awas Yojana - Eligibility & Online Process to Apply

The Pradhan Mantri Awas Yojana (PMAY) is a pivotal initiative by the Indian government aimed at providing affordable housing to the urban poor by 2022. Under this scheme...

Commercial Property or House Property Rental Income

Rental income is the money earned from leasing out property, whether it's a commercial space or a residential house. It is a vital part of real estate investment, offering a steady cash flow to property owners...

What Is CMDA Approval and Why Is It Required?

Chennai's real estate market has been growing significantly, generating a lot of interest among real estate investors.With the rapid urbanisation of the city in recent years, there has also been a rise...

A Comprehensive Guide to TNRERA: Its Meaning, Registration Process, and Services

Over the years, Tamil Nadu has outshined several states as a powerhouse for providing employment opportunities to individuals in numerous sectors...

Types of Agricultural Land Measurement Units

Proper land measurement is one of the most crucial aspects of agriculture, as efficient utilisation of agricultural land, resource allocation, and proper land planning...

Understanding Due Diligence and Its Types

The real estate industry is one of the most dynamic and fast-growing industries in India and involves every aspect surrounding the buying, selling, leasing, and financing of property...

10 Different Types of Houses in India

Whether you are a first-time home buyer or are considering estate investments, it is important to be aware of the different types of houses that you can consider investing in. You can choose from duplex houses, flats, villas, or a bungalow...

Sale Deed - Meaning, Format & Registration Process

While purchasing property, there are legal formalities that are required to be fulfilled for a lawful transfer of property. A sale deed is one such essential document that verifies the transfer of ownership...

Major Differences Between Home Loans And Plot Loans

Purchasing a new home and buying a plot of land - while both may be commonly referred to as buying property, there are important distinctions to consider, especially when you seek financing...

Types of Land Use in Chennai

Did you know that in India, land conversion is legally required if an owner wants to use agricultural land for non-farming purposes. This is primarily due to two reasons. First, India's economy relies heavily on agriculture...

What is Land Conversion and Its Process?

Did you know that in India, land conversion is legally required if an owner wants to use agricultural land for non-farming purposes. This is primarily due to two reasons. First, India's economy relies heavily on agriculture...

Commercial Property - Types and Investment Benefits

Lucrative returns on investment, capital appreciation, tax benefits, and a lot more—there are plenty of reasons why you should use your hard-earned money to buy a property...

What is DTCP and CMDA Approved Layout in Chennai ?

The Directorate of Town and Country Planning (DTCP) governs urban and regional planning and development. The governing body ensures sustainable development, manages...

What to Look for When Shifting into a New House

Moving to a new house is an exciting and significant milestone in life. However, it can quickly get overwhelming which might lead to skipping out on certain crucial steps amidst the chaos...

Resale Property - How to Buy Resale Flats

The demand for housing, especially in urban areas, has led to a thriving resale real estate market. Opting for a resale flat can help buyers find competitive pricing, often in already-developed...

Green Homes: Meaning, Benefits and Valuable Tips

Chennai, located in South India, is known as the cultural hub of the region. It blends both western and traditional cultures, making it a unique city. As the fifth-largest city in the country...

Chennai Corporation Property Tax - How to Pay Property Tax Online

Chennai, the metropolitan city of Tamil Nadu, formerly known as Madras Patnam, has long been praised as South India’s cultural epicentre. From high-rise buildings to commercial and residential plots in Chennai...

Freehold vs. Leasehold Property

Buying a real estate property is a complicated process that doesn’t conclude with making the payment and putting your name on the deed. That’s because there are several other things that you need to take into consideration...

The Pros and Cons of Renting vs. Buying a Home

Buying a house in Chennai is an excellent long-term investment, especially if you plan to stay in the city for an extended period or settle permanently while renting can be beneficial in certain other circumstances...

Know Stamp Duty and Registration Charges on Property in Chennai

Once acquired, registering the property is essential to establish legal ownership. Throughout the property purchase process, you would have come to realize the significance of various documents and paperwork...

Evolving Housing Trends: Reshaping the Future of Residential Real Estate

Evolving housing trends are reshaping the future of real estate in India 1 in residential, commercial, and industrial property spaces. The dynamic interplay of rapid urbanization...

Duplex House: Meaning, Types, Design, Pros and Cons

As urbanization continues to reshape the real estate landscape in Chennai, the demand for innovative housing options has risen exponentially, and that is what a duplex house fulfils, exactly...

Chennai’s Best Builders and Real Estate Developers: How to Find Them?

Before figuring out how to find the best real estate developer in Chennai, let us first understand the responsibilities of a realtor. A real estate developer plays a pivotal role...

The Best Investment Neighborhood’s in Chennai: Where to Buy for High Returns

When it comes to property investment in Chennai identifying the best neighborhoods for high returns is the initial step that investors take. The major factors that affect capital appreciation...

6 Factors to Consider Before Investing in Land or Plot

Investing in land can be a lucrative long-term investment strategy as it has the potential to appreciate over time and offers various opportunities for revenue growth. Land investment is primarily...

Looking To Buying a Plot in Chennai ? Keep This Checklist Close

Looking to buy a plot in Chennai can be overwhelming, given the handful of options for residential plots for sale in Chennai that too within the city’s limits. Buying a plot of land in Chennai...

Top 5 Ways You Need to Know Before Invest in Real Estate

Real estate is a dynamic industry, and many factors influence its performance in the market. What a successful formula now may not be for tomorrow. One investment formula doesn't fit all...

What Are the Documents Required for Purchase of Property?

Quintessentially, purchasing a property is bound by numerous legalities in India. Buying a house or plot involves a lot of financial and emotional investment for you as a buyer...

How to Get a Home Loan for First-Time Homebuyers

The Indian government has introduced several housing schemes recently to encourage new real estate investors. Besides, increased private sector investments, awareness of online and offline investment methods...

10 Tips for First Time Home Buyers

First-time home buyers go through a mixture of emotions like joy, pleasure, excitement, and pride as they can finally buy a house for themselves. Looking to buy a property, whether it is plot or an apartment, accompanies stress, confusion, and queries...

Top 5 Methods for Investment in Real Estate

Investment in real estate is one of the popular methods to accumulate wealth in a shorter time. All investments come with risk, and real estate is not an exception However, real estate investment allows...

Things to Check before Buying Land in Chennai

Buying land in Chennai can be one of the best decisions in 2023, with a significant rise in land prices for the past consecutive years, which predicts positive revenue growth for land investors in the upcoming years...