Registration charges:
These are the fees associated with getting the legal title registered in your name. This is done at the sub-registrar’s office.
Stamp duty: Real estate stamp duty is a tax, like sales tax, collected by the State Government. Stamp duty is based on the market value or the agreement value whichever is greater.
Agreement of sale: A document the buyer initiates and the seller approves that details the price and terms of the transaction.
Sale deed: Sale deed is the process by which the seller transfers all the rights on property to the buyer. Built-up area: It refers to the entire floor area including carpet area, walls, lobbies and corridors, atrium areas and basement.
Carpet area: It is the actual usable area within the walls of the floor. FSI: FSI stands for Floor Space Index, which is the quotient of the ratio of the combined gross floor area of all floors (except areas specifically exempted under these regulation) to the total area of the plot.

CPI: The Consumer Price Index is used to calculate the annual rental increase so as to compensate for inflation. For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent, rented apartment, flats for rent, rented flats in delhi, property for sale in Delhi, apartments for sale in Delhi, flats for sale in Delhi homes for sale in noida, flats for sale in Noida, real estate in noida, investment option in Noida, real estate consultant in Noida, realty firm houses in Noida, residence in Noida, residence in Delhi, residence in Gurgaon, flats for rent in Gurgaon

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Controlled burns in the gulf of Mexico

The Deepwater Horizon oil spill has left behind more than environmental damage. Florida’s already-ravaged real estate market took another knock after oil began to seep onto its beaches. In the Florida Panhandle and on Alabama’s southern coast in particular, the market is suffering. Even in areas that will never be affected by the spill, like Houston, Tex., uncertainty about the oil market is slowing sales.

In a report released today by ClearCapital, a real estate data provider, 24% of real estate brokers said the spill negatively affected their market. They report that homes in their markets have fallen in price by 5% to 15% since last year.

Balls of tar washing up on the beach would make any real estate deal tougher. But in many cases, slowing sales have as much to do with perception as reality.

A scant 3.2% of respondents in the survey reported that the spill had actually damaged their property. In St. Petersburg, Fl., hundreds of miles from the spill and with clean water that is likely to stay that way, home sales had been climbing up until the spill began. By June, however, year-over-year sales had fallen by 8%, according to ClearCapital’s data.

This is further proof of how volatile sand state real estate still is. Even in Florida cities that were starting to see a fragile housing recovery, a relatively distant environmental catastrophe was enough to tip the market in the opposite direction.