What is Carpet Area?
As per Real Estate (Regulation and Development) Act, 2016, “Carpet Area” means the net usable floor area of an apartment, excluding the area covered by the external walls, areas under service shafts, exclusive balcony or veranda area and exclusive open terrace area, but includes the area covered by the internal partition walls of the apartment.
Do you deal in commercial properties?
Yes, we do provide property management services for Commercial Properties.
How you will market or advertise my property? What’s different?
We use all channels to advertise the property. We advertise the property on our own website and also on other commonly used real estate web portals. We also engage all brokers in the area to find a tenant for the property.
Why is it considered necessary to register Agreement for Sale? What is the purpose of registration?
The Registration Act, 1908, the Transfer of Property Act, 1882 and the Real Estate (Regulation and Development) Act, 2016 mandates the registration of an agreement for sale of an immovable property. By registering the agreement for sale of an immovable property, it becomes a permanent public record. Further, a person is considered as the legal owner of an immovable property only after he gets such property registered in his name.
These Frequently Asked Questions (FAQs) / material has been published for general information purpose only. You are advised to take specific legal/financial/tax advice on the above-mentioned matters. The terms and conditions for the purchase of the apartment/unit/plot shall be as specified in the final agreement for sale executed between the buyer/consumer and the real estate developer. The FAQs discussed/provided herein are subject to amendments by the appropriate Government from time to time and interpretation by the Courts and concerned authorities. We including our subsidiaries/affiliates/employees do not claim any expertise in advice on the same. We including our subsidiaries/affiliates/employees shall not be responsible for any reliance placed on the materials contained herein.