Author: Neeraj Bhaker
Neeraj Bhaker, an MBA graduate with over 10 years of experience in the real estate and property sector, brings a wealth of knowledge to his writing. His insights cover the latest trends and updates in the industry, offering valuable perspectives to both investors and homeowners. Neeraj's expertise makes him a trusted voice in the real estate space.
Purchasing a property is a significant investment, and with the growing demand in India’s real estate market, it’s more important than ever to make an informed decision. Whether you’re a first-time buyer or a seasoned investor, skipping crucial checks can lead to serious financial and legal troubles. Here’s a guide to five essential things you must verify to ensure your property purchase is safe and secure. 1. Ensure a Clear Property Title One of the most critical factors when purchasing a property is ensuring the title is clear. A clear title means that there are no legal disputes over the…
Owning property is a significant life achievement for many, often representing years of hard work and savings. However, one of the growing challenges that property owners face today is the illegal occupation or encroachment on their land. These situations can be frustrating, especially when legal processes take years to resolve. In a landmark decision, the Supreme Court of India has provided clear guidance on how landowners can reclaim their property from illegal occupants without going through lengthy court battles. Let’s dive into what this ruling means and how you can take steps to reclaim your property. Supreme Court’s Landmark Decision…
Great news is on the horizon for residents of Noida and Greater Noida as construction for the much-awaited metro and rapid rail network is set to begin in the next four months. This 72.44 km long infrastructure project will stretch from Ghaziabad’s RRTS (Regional Rapid Transit System) corridor to Jewar Airport, bringing a massive boost to connectivity in the region. This project isn’t just about easing traffic congestion—it’s expected to significantly accelerate development in the Greater Noida West region. The Yamuna Expressway Industrial Development Authority (YEIDA) has already approved funding for the project, clearing the way for construction to begin…
Finding an affordable home in the Delhi NCR region has become a challenge, especially with prices skyrocketing after the pandemic. However, for families from the Economically Weaker Section (EWS) and Low-Income Group (LIG), there is some good news. A new affordable housing scheme has been launched in Ghaziabad’s Siddharth Vihar, offering homes starting from just Rs 5.35 lakh. The Uttar Pradesh Housing Development Council has introduced this scheme in partnership with Prateek Group, aiming to provide budget-friendly housing options for families who need it the most. Siddharth Vihar’s Affordable Housing Project This housing project is located in Siddharth Vihar, Ghaziabad,…
For those dreaming of owning a home in Delhi-NCR but held back by skyrocketing property prices, there is finally some good news. Prateek Group, a well-known name in the real estate sector, has launched an affordable housing project in Siddharth Vihar, Ghaziabad. With prices starting as low as Rs 5.35 lakh for Economically Weaker Section (EWS) flats, the project is set to offer an incredible opportunity for low-income families to own their own homes in a prime NCR location. Flats Starting at Rs 5.35 Lakh Named Aurelia, the new project by Prateek Group aims to provide budget-friendly homes for EWS…
The Allahabad High Court recently delivered a significant ruling that addresses a common legal question regarding property ownership. Many families in India buy property in the wife’s name to take advantage of stamp duty concessions. But the court has now clarified the ownership of such properties when disputes arise, particularly in families with no independent income for the wife. The Case in Question The case revolved around a property purchased by a man in his wife’s name. After his passing, a family dispute arose over who legally owned the property. The son, Saurabh Gupta, filed a petition claiming co-ownership of…
Navratri is a special time for many in India, not only for its religious significance but also for making big purchases like homes and cars. This year’s Sharadiya Navratri, starting on October 3, will see many people eager to buy their dream homes. Developers and banks offer tempting deals to attract buyers during this festive season. However, while it’s a great opportunity to get discounts, there are a few things you need to be mindful of before making a decision. Here’s a guide on how to take advantage of the festive season deals and what to keep in mind when…
Buying a home is often a dream for many, but concerns about builder fraud can turn that dream into a nightmare. If you’re planning to buy a flat in Noida, there’s good news on the horizon. The Noida Authority is preparing to introduce a new rule to protect home buyers from common malpractices by builders. This upcoming regulation will ensure that buyers get their ownership rights at the time of booking the flat, reducing the risk of fraud and delays in possession. Under this new policy, which will soon be finalized, builders will no longer be able to sell the…
If you’re thinking about buying a home in Gurugram, this Diwali could be the ideal time to make your move. Property prices in key areas of Delhi-NCR, particularly Gurugram, are set to rise significantly in the coming months. According to a recent report by Anarock, the last quarter saw a surge in property demand, making this festive season a golden opportunity for homebuyers to invest in one of the fastest-growing cities in India. Gurugram has become a hotspot for real estate investment, and with many residential projects launching during this festive period, it’s the perfect time to act. Record Growth…
In a positive development for homebuyers, Mumbai’s real estate market has shown remarkable growth, with a record number of property registrations in 2024. Meanwhile, Supertech homebuyers are looking forward to a solution as NBCC has submitted a proposal to complete 17 stalled Supertech projects. The National Company Law Appellate Tribunal (NCLAT) will soon consider this proposal, which is a ray of hope for nearly 27,000 homebuyers stuck in these incomplete projects. NBCC’s Proposal for Supertech’s Stalled Projects The National Buildings Construction Corporation (NBCC), a government-owned enterprise, has stepped in to offer a solution for Supertech’s long-pending projects. The Supreme Court…