The Haryana Government sets the circle rates in Gurgaon through the registrar or sub-registrar office. It states the minimum amount for purchase or registration of properties. Stamp and registration charges have to be paid according to the Circle rates or the transaction value, whichever is higher. If you want to avail loan against property, you need to know about the circle rate of your property. Factors that influence circle rates in Gurgaon: The market value of the region and the services available in that region. Market value is the actual value…
We all want to buy our dream house someday. Maybe, you want to invest in a commercial space for your business. Or maybe you want to just invest in real estate. There can be various reasons for the millennial to venture into the real estate sector as a customer/investor. After all, real estate gives us a sense of security and comfort. However, the real estate sector is vast and tricky. We do not know everything about purchasing a property. Only a handful of us is aware of the property documents required…
Buying and owning real estate is an exciting investment strategy, that can be both satisfying and lucrative. Unlike stock and bond investors, prospective real estate owners can use leverage to buy a property by paying a portion of the total cost upfront, then paying off the balance, plus interest, over time. While a traditional mortgage generally requires a 20% to 25% down payment, in some cases, a 5% down payment is all it takes to purchase an entire property. This ability to control the asset the moment papers are signed emboldens both real estate…