Terms & Terminology

Indian Real Estate Terminology

A sneak peak into commonly used terms in Indian real estate
Square Times Bureau
5 sec read

Time Linked Plan

Time linked payment plan is no longer a very popular method of payment for new launches. In a time linked payment plan, as the...
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20 sec read

Down Payment Plan

Down payment plan is a form of payment for properties wherein the buyer deposits a certain percentage of the cost of property with the...
Square Times Bureau
22 sec read

Power of Attorney and its relevance to NRIs

NRIs are one of the largest contributors to India’s real estate Industry. While staying abroad, NRIs are actively looking to invest in the Indian...
Square Times Bureau
1 min read

Encumbrance certificate

The word “Encumbrance” means an impediment or burden. In the context of properties as well it carries quite similar meaning- It is a mortgage...
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1 min read

Partial Occupation/ Temporary Occupation Certificate

While taking possession of a property, an occupancy certificate is issued by the statutory local development authority. This document gives a builder the permission...
Square Times Bureau
1 min read

REFUGE AREA BYLAWS IN MAHARASHTRA AND NOIDA

WHAT IS REFUGE AREA IN HIGH RISE BUILDING? Refuge areas are such areas in a building where people can take shelter in case of...
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1 min read

“Virtual Property”: A Smart Real Estate Space Investment

The Realty Investment trend in India has evolved over a period of time.  There was a time when people used to invest only in...
Square Times Bureau
2 min read

Group Buying

Group buying is an interesting new trend that is garnering attention from everyone who has any stake in the real estate market. Now-a-days, Group buying...
Square Times Bureau
2 min read

Khaata A and Khaata B of Bangalore

‘Khaata’ literally meaning an account, is an important document which records information on property taxes that have been paid for a particular property to...
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1 min read

Undivided land Share – UDS

Undivided land Share – UDS What is UDS When you are buying an apartment, you are technically buying two things. The constructed part of...
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2 min read

Cost Inflation Index ( CII ) & Indexation Calculation

Concept of Indexation The purchasing power of a rupee today is not same as it was 10-15 years ago. Inflation tends to erode the...
Square Times Bureau
1 min read