Indian Tycoons

When discussing apartment prices, several factors must be considered. The cost of upper and lower-floor apartments varies based on location, climate, safety, natural disasters, and amenities. In some areas, upper-floor apartments are more expensive, whereas, in others, lower-floor apartments are costlier. This price difference is particularly noticeable in flood-prone areas. Apartment Price Determination in Flood-Prone Areas In flood-affected regions, a significant difference is observed in the prices of upper and lower-floor apartments. Ground-floor apartments tend to be cheaper, while upper-floor apartments are often more expensive. The primary reason for this is safety and livability. 1. Flood Risk and Lower Apartment Prices In areas that experience frequent flooding, ground-floor apartments tend to have lower prices. During floods, those living on the ground and first floors suffer the most damage. Waterlogging causes damp walls, damaged furniture, and electrical issues...

दिल्ली-NCR समेत कई बड़े शहरों में लीजहोल्ड प्रॉपर्टी का चलन काफी आम हो गया है। लीजहोल्ड प्रॉपर्टी में किसी भी व्यक्ति को 99 साल की लीज पर फ्लैट या अन्य संपत्ति दी जाती है। इस अवधि के दौरान, व्यक्ति संपत्ति का उपयोग कर सकता है, लेकिन असली मालिकाना हक जमीन के मूल मालिक या बिल्डर के पास ही रहता है। फ्रीहोल्ड और लीजहोल्ड प्रॉपर्टी में अंतर जब भी कोई प्रॉपर्टी खरीदी जाती है, तो वह दो प्रकार की हो सकती है: फ्रीहोल्ड प्रॉपर्टी: इस प्रकार की संपत्ति पर खरीदार को पूरी तरह मालिकाना हक मिलता है और इसे बेचने या हस्तांतरित करने में किसी की अनुमति की आवश्यकता नहीं होती। लीजहोल्ड प्रॉपर्टी: इस प्रकार की संपत्ति किसी निश्चित अवधि के लिए लीज पर दी जाती है, जिसके बाद उसका मालिकाना हक लीजधारी के पास नहीं रहता। लीज खत्म होने के बाद प्रॉपर्टी का क्या होगा? लीजहोल्ड प्रॉपर्टी की अवधि आमतौर पर 30 से 99 साल के बीच होती है। उदाहरण के लिए, यदि आपने 2025 में ग्रेटर नोएडा में 1 करोड़ रुपये में 99 साल की लीज पर एक फ्लैट खरीदा है, तो 2124 में उसकी लीज समाप्त हो जाएगी। लीज समाप्त होने के बाद: संपत्...

In today’s expensive world, buying a house is not possible for everyone. Due to jobs, studies, or other reasons, people opt for rental houses. However, before renting a house, it is essential to consider some important factors; otherwise, you might face financial and legal troubles. Let’s explore these crucial points: 1. Choose the Right Location When renting a house, the first thing to consider is its location. You should choose an area where commuting to your office, school, or other essential places is convenient. Public transportation should be easily accessible. Markets, hospitals, and other necessary services should be nearby. The area should be safe, even at night. Consider locations slightly away from prime areas to get a lower rent. 2. Rent According to Your Budget Rent is a significant part of your monthly expenses, so selecting a house that fits your budget is crucial. Assess your monthly expenses and determine how much rent you can afford. Negotiate ...

In today's time, many people are unable to buy their own homes. As a result, they live in rented houses. However, tenants must be aware of their rights while staying in a rented home. There have been many cases where landlords harass tenants over small issues. Therefore, it is essential to know what rights tenants have under the law. 1. Importance of a Rent Agreement To avoid disputes between tenants and landlords, having a rent agreement is crucial. This agreement should be in writing and must clearly state the rent amount, payment date, rental duration, and other conditions. 2. Charging More Than the Agreement Is Illegal In many cases, landlords demand more rent than what is stated in the agreement. If this happens, tenants can file a complaint under the Rent Control Act 1948 . This law regulates rental rates and protects tenants from unnecessary exploitation. 3. Action Against Non-Payment of Rent If a tenant fails to pay rent on time, the landlord has the legal right to take act...

रियल एस्टेट (Real Estate) में निवेश करना हमेशा से एक लाभदायक विकल्प माना जाता है। प्रॉपर्टी की कीमतों में लगातार हो रही वृद्धि के चलते लोग इसमें निवेश कर अच्छा मुनाफा कमा सकते हैं। लेकिन यह तभी संभव है जब आप सही रणनीति अपनाएं और कुछ महत्वपूर्ण बातों का ध्यान रखें। यदि आप भी रियल एस्टेट में निवेश करने की योजना बना रहे हैं, तो यह लेख आपके लिए बेहद उपयोगी साबित होगा। यहां हम आपको 6 ऐसी जरूरी बातें बता रहे हैं, जिन्हें अपनाकर आप प्रॉपर्टी में निवेश कर मोटा मुनाफा कमा सकते हैं। 1) स्थान (Location) का सही चुनाव करें प्रॉपर्टी की कीमत और उसके भविष्य में मिलने वाले मुनाफे में स्थान (Location) की अहम भूमिका होती है। इसलिए जब भी आप किसी प्रॉपर्टी में निवेश करें, तो इन बातों का ध्यान रखें: क्षेत्र में बुनियादी सुविधाएं जैसे कि अस्पताल, स्कूल, बाजार और सार्वजनिक परिवहन उपलब्ध हो। भविष्य में उस स्थान का विकास कितना संभावित है, इसकी पूरी जानकारी लें। किसी भी तरह के सरकारी या निजी विकास प्रोजेक्ट की संभावनाएं देखें, क्योंकि ये संपत्ति की कीमत को प्रभावित कर सकते हैं। 2) निर्माता (Builde...

The National Savings Certificate (NSC) offered by the post office is a completely safe and guaranteed investment scheme. If you are looking for a secure investment with fixed returns, this scheme is ideal for you. With a minimum investment of just ₹1000, you can easily earn a good return. In this article, we will explain how the NSC scheme works, its benefits, and how much maturity amount you will receive if you invest ₹7 lakh. What is the NSC Scheme? The National Savings Certificate (NSC) is a highly popular and secure investment option managed by the Indian Post Office. This scheme is perfect for individuals who want to safeguard their capital while expecting good returns. The scheme offers a fixed interest rate guaranteed by the government. It is a long-term investment plan that not only secures your money but also helps it grow over time. Key Features of the NSC Scheme Minimum Investment : You can start investing with as little as ₹1000. There is no upper limit, meaning you ...

A lease refers to property purchased on a leasehold basis, with a duration ranging from 30 to 99 years. Residential flats typically have leases between 90 and 99 years. When a builder sells you a flat under a lease, the buyer holds ownership rights only for the duration of the lease. Various rules and regulations govern property ownership. The house or flat you currently reside in is either freehold or leasehold. In cities like Noida, Greater Noida, Gurugram, and Ghaziabad, most flats are sold on a leasehold basis. Many buyers are unaware that their flat is on lease, and even more concerning is that they do not know what happens when the lease expires. Here, we will address this crucial question: What happens to your flat after the lease expires? What Happens to Your Property After the Lease Expires? A leasehold property has a tenure of 30 to 99 years. Residential flats generally have leases lasting between 90 and 99 years. When a builder sells you a flat under a leasehold agreement...