The Concept Preleased or pre-rented property is a property that is leased out to a party, and then sold to a buyer with the tenant. I.e. along with the transfer of the ownership of the property, the lease agreement is also transferred to the new owner. The new owner will start receiving the rent towards the property from the subsequent payment cycle, without having to worry about finding a tenant….
Buying a place to call home is a dream all Indians have. Finding the right home to materialize this dream is just one step of the process. Given the market conditions, choosing the right home loan to finance this dream can be equally important. Here are a few tips to make finding the right home loan easy. Save for a large down payment The minimum down payment you need…
Investing in real estate for a Non-Residential Indian (NRI) is easier than ever, thanks to the new real estate rules. Non-Residential Indians, holding valid Indian Passports hold rights similar to Indian residents in property ownership norms under the FEMA rules. They may invest in properties such as residential and commercial units; however, they are not permitted to own forest or agricultural land. NRIs are entitled to these rights and…
Sipping on a cup of coffee, knowing you are secure in your own home is what everyone dreams of. A home is not just a dream but an absolute need, which may, at times, demand your entire life’s savings. However, with the ever-increasing real estate prices, not everyone can afford buying a home; to add to this irony, the builders or developers have their own set of norms that change…
During the late 1980s, Mr. Sunil Narwani, while still in college, started helping his older brother run their fledgling real estate business. He has seen Andheri change since those early days and influenced a lot of it since 2004. Most families residing in Andheri West have interacted with him at some point in their lives. Sunil derived immense satisfaction by ensuring sellers, landlords, buyers as well as tenants got fair…