Tag Archives: Property verification Services Hyderabad

What is depreciation of property?

Depreciation of property value is the decrease or dip in the selling value of your home. This is calculated as the ‘factor’ product of the total value of the property with the age of construction. For independent houses, it is the building component which depreciates while the land is valued at market price. Continue reading

Resumes  Property Registration in Telangana

Registration of land, properties and vehicles resumed in Telangana with the extended relaxation hours coming into force in the ongoing lockdown from Monday.

The resumption of services came following the decision of the Cabinet to allow registration of lands, properties under the Stamps and Registration Department and vehicles registration under the Transport Department during the working days. Continue reading

State  government (TS) to crack whip on illegal land schemes

Cracking the whip for the first time on developers illegally selling undivided share (UDS) of land in realty projects, the Telangana State Real Estate Regulatory Authority (TS-RERA), on Thursday, said that such sales will attract severe punishment – up to 10% of the total project cost.

Continue reading

Influence of GST on real property and home buyers

Among the many taxes that home buyers have to pay on property purchase is the Goods and Services Tax or GST on flats. Many changes have already been made in this tax regime, in a short span of time since it came into force in July, 2017. In this article, we examine the implications of the GST for real estate in general and home buyers, in particular.

Continue reading

Regional Ring Road will boost Hyderabad Real Estate

Investments are steadily pouring in Hyderabad in the form of commercial ventures and global business companies. This has increased the real estate potential in Hyderabad to a greater extent. However, the growth and the development is restricted to the city owing to the infrastructural progress within the city limits that does not connect the neighbouring towns of Hyderabad. This lack of connectivity has made the Government realize that there could be certain problems in the future that might affect the socio-economic growth of Hyderabad. Continue reading

Foundation stone to be laid for IT Park at Kompally

Municipal and IT Minister KT Rama Rao said that the state government would expand IT to Tier II cities. He said the foundation stone will be laid at the IT hub at Kompally in Medchal-Malkajgiri district soon apart from the inauguration of IT tower in Khammam on December 7. Continue reading