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Mumbai: Leasehold housing societies can now convert to freehold for a fraction of the Ready Reckoner (RR) fee. The state has granted leasehold housing societies this concession, analogous to collector's land (class 2 occupation).
- 30th Jul 2024
- 1195 Views
The Bombay High Court held that the state deserves a fair return on its land in a landmark decision. Justices B P Colabawalla and Somasekhar Sundaresan stressed that leasing rates need not be cheap if they fail to cover inflation, administration fees, and escalation.
- 14th Jul 2024
- 1196 Views
Real estate purchases without due diligence raise financial risks. Proper procedures reduce risks and maximise profits. With so many inexpensive house ads, be careful and check all promises.
- 29th May 2024
- 1209 Views