FAQs about Purchase of NA Plots in MaharashtraBuying A NA PlotWhat is an NA Plot?What are the non-agricultural uses of land?What are the advantages of an NA Plot?Great Investment Option:Construct Whenever You Wish:Ideal for Commercial Purposes:No Maintenance Costs:Things To Consider Before Buying A NA Plot:1. Location:2. Documents:3. Site...
Table of Content Return on Investment (ROI) on Agriculture Land InvestmentAdvantages of investing in agricultural landDisadvantages of buying agricultural landImportant points to check before buying Agricultural Land in Maharashtra7/12 Extract6/12 Extracts3. 8-A ExtractLand Revenue Tax ReceiptsVillage Map & Block Plan (Gaon Nakasha)Access RoadsSoil TestingReservations or AcquisitionsAgricultural...
Check your home loan eligibility Prior to seeking a home loan, verify your eligibility for it. Financial institutions establish criteria to evaluate and ascertain the risk profile of potential borrowers. The eligibility for a home loan depends on factors such as income stability, credit score, age, existing financial commitments, property value, loan amount, tenure, and down payment capacity....
What does House down-payment mean? When securing a home loan, lenders typically approve only 70%-80% of the property value as the loan amount. You must arrange the remaining 20%-30%, known as the down-payment, from your own funds. This additional amount is crucial for completing the property purchase. Beyond the mandatory down payment stipulated by the lender, you also have the option to contribute...
What is HUDCO? HUDCO, officially known as the Housing and Urban Development Corporation Limited, is a government-owned organization in India. Established in 1970 under the Ministry of Housing and Urban Affairs, HUDCO's primary mission is to provide long-term financial support for the construction of housing and urban infrastructure projects across the country. Here are some key aspects of...
What is CIDCO? CIDCO, the City and Industrial Development Corporation of Maharashtra, is India's wealthiest government authority, established and governed by the Government of Maharashtra in 1970. Initially created to develop a satellite town for Mumbai, it now functions as the New Town Development Authority (NTDA) and Special Planning Authority (SPA) for the Government of Maharashtra. CIDCO is...
What is MHADA? MHADA, which stands for Maharashtra Housing and Area Development Authority, is a housing initiative designed to provide residents of Maharashtra with affordable access to residential properties. Eligibility for this scheme is determined through a lottery system. This comprehensive guide covers the MHADA lottery, offering insights into the scheme's purpose, advantages, eligibility...
Property tax is a levy imposed by Pune Municipal Corporation (PMC) on property owners, determined by the assessed value of their real estate. It's an annual tax used to finance public services and infrastructure projects such as schools, roads, and emergency services. The tax amount is calculated by multiplying the property's assessed value by the applicable tax rate set by the local government. Rates and...
The Pune Metropolitan Region Development Authority (PMRDA) serves as the planning and development authority overseeing the Pune Metropolitan Region. Established in 2015, it holds jurisdiction over an area spanning 7,256.46 km2 (2,801.73 sq mi) and is home to approximately 7.276 million people, making it the second-largest urban unit in Maharashtra. PMRDA's jurisdiction encompasses entire talukas,...
About Pune Metropolitan Region Development Authority (PMRDA) The Pune Metropolitan Region Development Authority (PMRDA) serves as the official entity overseeing the ongoing plans and development activities throughout the Pune Metropolitan Region. Established in the first quarter of 2015, this authority has jurisdiction over an expansive area of 7,256.46 km2 or 2,801.73 square meters. With a...
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