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In this episode of Prop Personalities, we sit down with Hars...
Luxury real estate is one of the most talked-about segments ...
Welcome to Prop Personalities by Prop News Time - a podcast ...
Airports play a much bigger role than just enabling travel -...
Why does the same hotel brand operate multiple properties in...
24 Dec 2025
An Expression of Interest (EOI) cheque, also known as an Earnest Money Deposit or Good Faith Deposit, is a sum of money a buyer pays a seller to express a genuine interest and commitment towards purchasing a particular property. It is usually made after both parties are in agreement on the general terms of sale but before any formal signing of an agreement takes place.
23 Dec 2025
Capital assets are significant pieces of property such as homes, cars, investment properties, stocks, bonds, and even collectibles or art. Any profit arising from the sale of a capital asset is referred to as a capital gain. This gain or profit is considered as income and therefore applicable to be taxed. Capital gains tax can be short-term or long term and must be paid within the same year as the transfer of asset. In India, assets received as gifts or by way of a will or inheritance is exempt from taxation. However, if the individual inheriting the asset choses to sell it, capital gain tax will be applicable.
22 Dec 2025
Fair Market Value or FMV refers to the price set for selling or purchasing an asset in the
open market. Financial institutions like NBFCs and Government organisations use Fair Market Value while assessing the valuation of collateralized or taxed assets.
19 Dec 2025
Appreciation refers to an increase in the value of an asset over time, such as a stock, bond, currency, or real estate. For example, the term capital appreciation refers to an increase in the value of a property which can occur for several reasons including increasing demand or weakening supply, or as a result of changes in inflation or interest rates. Appreciation is the opposite of depreciation, which refers to a decrease in value of an asset over time.
18 Dec 2025
Ready reckoner rate, also known as circle rate, is the minimum selling price of a property, set by the State Government. It is the minimum value of an asset, at which it must be registered at the time of its transfer. It is used for the calculation of stamp duty, property tax and various other registration fees. The Ready Reckoner rate is updated periodically by the State Government to reflect the current market conditions. Individuals selling or buying properties at a rate less than the prevailing ready reckoner rate can be penalised by authorities.
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In this episode of Prop Personalities, we sit down with Hars...
Luxury real estate is one of the most talked-about segments ...
Welcome to Prop Personalities by Prop News Time - a podcast ...
Airports play a much bigger role than just enabling travel -...
Why does the same hotel brand operate multiple properties in...
17 Dec 2025
TDR certificate/ Development Rights Certificate (DRC) is a certificate issued by the competent authority to an owner or a lessee of the land on surrender of the gross ‘area’ of the land which is required for public purpose. Such ‘area’ of land must be free of cost and free from all encumbrances. The certificate comprises of the details such as FSI/FAR credit in square meters of the built-up area to which the owner or lessee is entitled, the place from where it is generated and the rate of that plot as prescribed in the Annual Statement of Rates issued by the Registration Department or other concerned department for the concerned year.
16 Dec 2025
TDR is a technique of land development, which separates the development potential of a piece of land from the land and allows the development rights to be used elsewhere in the city as permissible by the state law. Under this method, the owner of the land can sell the development rights of his land to another entity or individual. The receiving plot can use this TDR over and above the usual FSI available to it in accordance with the prevailing laws and regulations. This is generally used for redevelopment of inner-city zones and re?development projects.
15 Dec 2025
Base FSI is the basic FSI permitted by the competent authority as a matter of right without any cost. Chargeable/Premium FSI is the FSI available by additional payment to the competent authority as per the applicable rules. Maximum permissible FSI is the FSI that includes the base and chargeable FSI.
12 Dec 2025
FSI, also referred to as FAR (Floor Area Ratio), is a ratio of the total built-up area to the total area of the plot. It measures the total built-up area that can be constructed on a parcel of land.
11 Dec 2025
A Development Plan refers to a document prepared by local authorities detailing the use of land and the public facilities to be made available in an area as per the current policies and proposals. It consists of a written statement accompanied by maps. In India, Development Plans are a state subject. Town planning authorities under each state or province asses growth rates, identify areas suitable for specific development and allocate budgets. Each Metropolitan city has an agency responsible for executing the DP for the city. For example, in Mumbai, Mumbai Metropolitan Region Development Authority (MMRDA) is responsible for executing the DP.
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