Real Estate

How is budget 2023 looking for the real estate sector in India?

How is budget 2023 looking for the real estate sector in India? With the recent pandemic hit the real estate sector has a very good hope for something better in the union budget 2023. The real estate sector has seen a boom in the past months and to continue the same energy in the market the sector hopes for some relaxation that will help the general home-buying and investing audience. As the sector...

What is RERA and its benefit of it to the real estate sector in India

What is RERA and its benefit of it to the real estate sector in India: We all have heard terms like RERA-approved properties available and RERA registration ID, etc. But what exactly is it? We never heard of it before 2016 and why do the RERA-approved properties have a great consideration factor? Let’s find out all of it today. The Indian real estate sector has undergone significant changes in the...

HMDA Master Plan 2031 – The master plan of Growth for Hyderabad

Introduction When it comes to designing and managing the growth of cities, governments use detailed plans known as master plans. One such plan is the Hyderabad Master Plan 2031, which lays out guidelines for the future development of Hyderabad, a city with a population of approximately 1.84 crores and a workforce of around 65 lakhs. The Hyderabad Master Plan 2031 draft was created in 2011, taking into...

Be a part of India’s largest asset class – Real Estate. Know How!

Real estate investing is one of the most popular and profitable ways to build wealth. With the Indian real estate market on the rise, there has never been a better time to invest in property for sale in India. Whether you're a first-time investor or a seasoned pro, the opportunities in the Indian real estate market are endless.  Understanding those needs, Bridl360 has been on its toes to provide...

A new highway for Hyderabad real estate boom – Miyapur-Bachupally Area

Hyderabad is the country's information technology (IT) industry hub, and most techies working in the city prefer Bachupally as a preferred residential destination. Because of its low prices, convenient location, and recent infrastructure developments, this Medchal-Malkajgiri district suburb has gained popularity in the city's western outskirts. Why You Should have Bachupally on Your Top Property...

INDIAN REAL ESTATE MARKET ONE OF THE MOST TRANSPARENT GLOBALLY

Here's some real estate news to make your day better! Did you know that the Indian real estate market has become one of the most transparent in the world! This is to the point where it is now among the top 10 most transparent markets in the world. India has a higher overall transparency score than the top 10 markets worldwide, including Australia, the UK, Canada, Japan, and more, with a range of 2.82 to...

Unregistered Sale Agreement and its validity

Meaning of Unregistered Sale Agreement  All of the terms and conditions of the sale of a piece of property—movable or immovable—to the buyer are contained in a sale agreement. An agreement for the transfer of immovable property rights with a value greater than Rs. 100 must be registered under the Indian Registration Act, 1908. According to Section 54 of the Transfer...

REAL ESTATE FIRM ORDERED TO COMPENSATE CUSTOMER

Real estate company ordered to compensate Rs. 5.18 lakh to the customer. After hearing arguments, the Commission ruled that the opposing party must repay the consumer Rs. 5.18 lakh, pay Rs. 10,000 in damages, and pay Rs. 5,000 in court costs. Incredible India Projects Private Limited, a city-based realtor, has been ordered by the Hyderabad District Consumer Disputes Redressal Commission-I to compensate...

SEZ (SPECIAL ECONOMIC ZONE) AND ITS IMPORTANCE

A special economic zone (SEZ) is a region where trade and business regulations differ from those in the rest of the nation. SEZs are designated areas within a nation's borders with the objectives of improving trade balance, employment, attracting more investment, creating jobs, and having efficient administration. Financial measures are put in place to encourage businesses to locate in the zones....

WHAT IS FLOOR AREA RATIO/FLOOR SPACE INDEX

FAR (Floor Area Ratio) and FSI (Floor Space Index) are terms that you will come across in real estate transactions. The two words, which both refer to the same thing, often cause confusion among consumers because of the related complexity. To make it easier to understand, let's learn more about these two. WHAT IS FAR OR FSI? The maximum amount of floor space on which that can be built on a plot of...

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