Real Estate with Rohit

26/04/2025

24/05/2024

Presenting today for our upcoming layout at Nagpur at BNI Nagpur
Specific Ask: Investors and End Users for Plots.

06/05/2024

Unlocking the doors to your dream home:
From possession certificates to completion certificates, here's your checklist for a smooth home-buying journey!🏡

24/04/2024

Do you know the minimum width of your staircase? 🤔
Here are some other general requirements for staircases in buildings:

RESIDENTIAL BUILDING:🏠
i) G+2 Storeys - 2.46 feet
ii) Buildings upto 15m height - 3.28 feet
iii) Buildings upto 15m to 24m in height - 3.94 feet
iv) Buildings above 24m in height - 4.92 feet

OTHER BUILDINGS:
i) Hotel Buildings🏨 - 4.92 feet
ii) Assemble Halls, Theatres🎭 - 6.56 feet
iii) Educational Buildings📚 - 6.56 feet

Follow realestatewithrohit for more such interesting real estate information 🤩

01/04/2024

Unveiling the truth:The difference between carpet area and RERA can range from 3-7% based on the layout of your flat! It's all in the details when it comes to finding your perfect space! 🏡✨

Follow for more real estate facts.

28/03/2024

Lost your original SALES DEED?🤔
HERE'S HOW YOU CAN GET A DUPLICATE:

File a Police Report: Immediately report the loss of the sale deed to the local police station. This will create an official record of the loss, which may be required for any future legal proceedings.👮

Publish an Advertisement: Place an advertisement in a local newspaper notifying the public about the loss of the sale deed. This advertisement serves as a public notice of the lost document.📰

File an AFFIDAVIT with all the details of the lost sale deed and ensure to get it NOTARISED.

Contact the Registrar's Office: Reach out to the registrar's office where the deed was originally registered. They may be able to provide you with a certified copy or duplicate deed, depending on their policies and procedures.👍

Follow realestatewithrohit for more such interesting info!

22/03/2024

Unlock your dream home with ease! 🏡
Check out India's top 5 property portals for the best listings, deals, and expert advice.

1) Housing.com : Housing.com is a popular platform that offers listings for buying, selling, and renting properties. It provides advanced search options and features like map-based property search.🏠

2) Magicbricks: Magicbricks is one of the leading property portals in India, offering a wide range of residential and commercial properties across various cities.🏠

3) NoBroker: NoBroker is a disruptive platform that connects property owners and tenants directly without involving brokers. It offers a wide range of residential and commercial properties for rent and sale across India.🏠

4) 99acres: 99acres is another prominent property portal that provides listings for buying, selling, and renting properties across India. It offers comprehensive search filters and tools for users.🏠

5) SquareYards: SquareYards is a technology-enabled real estate platform offering a wide range of services including property search, mortgage advisory, and property management solutions. It provides comprehensive listings for buying, selling, and renting properties across India.🏠

Follow for more real estate facts✔️

19/03/2024

Being a builder is tough because you need a lot of permissions for real estate projects. It's a big challenge. 🤔

Here are some specific permissions and approvals required under RERA, as well as other essential ones like NOC for water and sewerage:

1)RERA Registration: Builders must register their real estate projects with the respective State Real Estate Regulatory Authority (RERA) before advertising, marketing, or selling any plots, apartments, or buildings. Registration includes providing project details, timelines, approvals, and financial information.✔️

2)NOC from Water and Sewage Departments: Builders need to obtain a No Objection Certificate (NOC) from the local water supply and sewage departments to ensure adequate water supply and sewage disposal facilities for the project.✔️

3)Environmental Clearance: Large-scale real estate projects may require environmental clearance from the State or Central Environmental Impact Assessment Authority to ensure compliance with environmental regulations and minimize ecological impacts.✔️

4)Fire Safety Clearance: Builders must obtain clearance from the fire department certifying that the building design and materials meet fire safety standards and that adequate firefighting equipment is installed.✔️

5)Railway and Airport NOC: For projects near railway station and airport.✔️

Follow for more such information.

15/03/2024

Commercial properties in India generally make more money from rent compared to residential properties.👍

On average, residential properties in India typically yield around 2.50 to 3% annually, whereas commercial office spaces yield around 5.50 to 7%, with some warehouses even offering as high as 10% annual rental yield.🏗️

This means that if you were to put ₹2 Crore into a residential flat in a metro city, you'd earn around ₹500,000 every year in rent. But if you invested the same amount in a good commercial space, you could potentially make ₹10,00,000 to ₹14,00,000 annually.💸

While there's nothing wrong with investing in residential apartments, it's worth noting that many Indians prioritize them as an investment option. However, if your main goal is generating rental income from a property, it might be worth considering commercial real estate (CRE) over residential properties.✔️

Follow for more such interesting facts.

09/03/2024

Thinking of backing out?🤔 Buyers can cancel an agreement for sale for various reasons. . Know your exit doors before you sign! 📝🔍 LISTING SOME OF THE REASONS BELOW-

1) IF THE BUILDER FAILS TO PROVIDE POSSESSION- If the builder fails to provide possession of the property within the agreed-upon timeframe, the buyer may have grounds to cancel the agreement.✅

2) IF THE BUYER FAILS TO MAKE THE PAYMENT-of the buyer faces difficulties in securing financing for the property purchase within the stipulated time frame, they may choose to cancel the agreement.✅

3)IF BUILDER MAKES ANY MISINTERPRETATION- If the seller provides false information or withholds crucial details about the property, the buyer can cancel the agreement.✅

4)IF THERE ARE CHANGES IN THE PLAN THAT THE BUYER DOESN'T AGREE WITH - The buyer can cancel the agreement if there are any changes in the plan that he doesn't agree with.✅

5)FORCE MAJEURE EVENT- Events such as natural disasters, government actions, or other unforeseen circumstances beyond either party's control may allow for cancellation of the agreement.✅

6)MUTUAL AGREEMENT- If both the buyer and the seller mutually agree to terminate the agreement for any reason, the contract can be canceled without any legal repercussions.✅

It's important to note that the specific terms and conditions for cancellation can vary depending on the details outlined in the agreement and Indian real estate laws.👍
Follow to know more such interesting facts.