Buying a home is a milestone many aspire to, but one of the first steps in the process is understanding the role of credit scores in securing a mortgage. Credit scores can influence the types of loans available to you, the interest rate you'll pay, and even the amount of your down payment. This blog will explore the credit score requirements for various types of mortgages, how credit impacts homebuying,...
When diving into real estate, you may have come across the term EOI, short for Expression of Interest. EOI is a method used by both buyers and sellers to express interest in a property before making a formal offer. It’s a flexible, non-binding step that enables potential buyers to gather information, understand property specifics, and start negotiating terms before committing financially. In the...
FAR stands for Floor Area Ratio. It's a crucial concept in real estate development, particularly in urban planning. Here's a breakdown of FAR: What it is: FAR is a metric that compares the total usable floor area of a building (gross floor area) to the size of the land on which the building is constructed (plot area). It's essentially a ratio expressed as a decimal. How it's calculated: FAR =...
What is RERA The Real Estate (Regulation and Development) Act, or RERA, is a law passed by the Indian government in 2016 to regulate and promote the real estate industry in India. The law aims to protect the interests of home buyers and promote fair play in real estate transactions. RERA requires all real estate developers to register their projects with the regulatory authority and provide detailed...
There are several legal checks you need to do before buying a plot in Gurgaon Gurgaon/Gurugram City so that you can be sure that you have bought an authentic property. Know about all these legal checks before buying your plot. The demand for apartments and plots in Gurgaon, South Gurgaon, and Dwarka Expressway is very high. People are eager to buy new houses, apartments, and plots. But there are...
Real estate is one of the most promising business fields. Â We can also say that real estate contributes the most to the world economy. Â In today's competitive world, there is no shortage of real estate business ideas. If you also want to know about real estate business ideas, then you have come to the right place because in this post you are going to know 10 business ideas related to real...
The field of infrastructure and real estate is such that sometimes there is a recession and sometimes there is a boom, but the possibilities of jobs are never less in this. After the recession in Corona, once again this sector is booming, due to which immense career opportunities are being created in this sector. Today, through this business, many millionaires are earning millions by doing their business...
At present, most people are benefiting from the real estate business because, it is a very good way to earn by people, from which a very good income can be earned. Many people do it as a side business. If you also want to do it like a business or in a side business, then read this whole page and know what real estate is. How to do real estate business. Its full information is being told here. Real...