Latest Real Estate News and Updates -TimesProperty

People who are involved in the real estate sector or the ones that are looking forward to buying a property of their own can find it tedious without proper knowledge of the sector and the market value of the property.So what is this market value and how do you calculate the market value of a property ? Keep reading to learn all that you must know before buying or selling a property.   What is Market Value and Market Price? Based on the supply and demand, the real estate market determines the value of properties. This is known as the market value and it can keep fluctuating depending on factors like the features of the property as well the rates at which similar ones are being sold.   Market price, on the other hand, may or may not be the market value defined by the real estate market. This means that a seller does not have to strictly adhere to the market value while selling his land. It can be more or less depending on the demand for his land and the urgency of his/...

Inherited property disputes are very common in our country. Before we understand the inherited property meaning , let us first look at the meaning of an heir. According to the inheritance law in India For NRI , heirs will include all the people who are legally eligible to inherit property. Inherited property means receiving any property from a deceased person. Even a non-resident Indian (NRI) or a person of Indian origin (PIO), is permitted to inherit any immovable property in India. While the inheritance rules are not very complex for the natural citizens of India, they can be quite complicated for the Indians who are living abroad.   Read on to know more. What is Inheritance? Inheritance means the transfer of rights, titles, properties to a legal heir of a deceased person. The pain of losing a loved one becomes worse if one gets involved in an inheritance dispute. Hence, it is very crucial to understand the inheritance law in India . The spouse and children are legally the im...

Buying that dream house is probably one of the biggest challenges you will face in your lifetime. And it’s expensive too! But you cannot say no to the happiness of having your own place, a safe, peaceful haven that will keep you cocooned from the troubles outside, right? Before you start house-hunting though, spare a thought for the pandemic and how it has changed the way you live and work. Among the many things to consider before buying a house , how you will work in a post-COVID world will influence your choice in a big way. Read on to understand this better.    Will you work from home or walk to work? Sure, the pandemic has forced most professionals to work from home for a long time. And even when things get better, you might have the choice to work from home for years. Or if your company decides to go back to normalcy slowly, you will need to commute to your office sooner or later. In case your employer embraces a hybrid model, you will need to head to the workplace a ...

Bedrooms should ideally be a calm oasis you can retreat to at the end of a long day. The colours you choose for this room will play a big role in influencing the energy that flows through it. If you use a single colour throughout the room, it may look boring and monotonous. On the other hand, too many colours in the same space may make it too busy. A two colour combination for bedroom walls is ideal. You need to choose colours that complement each other. Putting a navy blue and a beige together may not work but a navy blue and a white can look stunning. Here are a few ideas to help you create the ideal colour combination for bedroom walls . When you want to make the room look bigger The bedroom wall colour combination not only influences the room’s vibes but also how the space is perceived. When you want to make a room look bigger, choose a white or an off-white primary colour and a soothing secondary colour like lavender or blue. You can choose to paint a single wall in this col...

Everyone wants to buy a home but most of us don’t have the kind of money it takes to buy a home just sitting in our bank accounts. A majority of home buyers need a  loan to fund their purchase. There are many financial institutes that offer home loans. How do you find the one that’s right for you – obviously, it’s going to be the one with the lowest EMI. That’s where an EMI calculator for home loan comes in. What is an online home loan calculator? Home loans are paid back in equal monthly payments for the entire duration of the loan. The EMI is influenced not only by the home loan rate but also the duration of the loan. Your personal credit score also matters as this will influence the home loan rates applicable to you. People with higher credit scores can get loans at lower interest rates.   Calculating this amount manually with a home loan calculation formula can be slow and you could easily make a mistake. Since you will be comparing different loans with different i...

As cities grow into denser concrete jungles, a second home in a green surrounding becomes all the more tempting for anyone. For people in West Bengal, Dooars has always been a preferred vacation destination. Today, many people who have enjoyed holidays in the area are investing in it to make it a more permanent residential option. Imagine having tea gardens just a short drive away, Sunday picnics by meandering streams and being enveloped in cool breezes. It isn’t hard to imagine why people want to buy property at Dooars North Bengal . Budget-friendly dream houses There’s no denying in, apartments in cities are growing to be more and more like matchboxes. If you’ve ever dreamt of living in a quaint cottage, a forest bungalow in Dooars is ideal for you. The landscape here is ideal for bungalows and cottages and they’re priced much lower than bungalows in surrounding areas. For example, while you would pay upwards of Rs 50 lakhs for a bungalow in Siliguri, the same in Dooars would be...

Buying a house is always seen as an investment buy something is changing. Buyers are no longer looking at property as only a long term investment or as a place for them to grow old in. And a new market has emerged for old houses in need of repair.   Flipping properties   is trending. Done right, it can be a very profitable idea. So, let’s figure what it’s all about. Flipping house meaning Flipping properties  is an Ameri c an concept that is growing across the world. The idea here is to buy property that is broken down do it up and then resell it. Since you’re buying a house that is in need of some TLC, you can buy it at a bargain. And, when it’s been all fixed up, you can make a tidy profit at the sale. If you’re a first time house flipper, here are a few dogs and don’t. Follow the 70% rule To make a profit while flipping houses, you must be able to buy cheap. The 70% rule says that you must invest only 70% of the expected sale value minus the cost of repairs. So you nee...