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What are requirements for mall or multiplex development?

Developing a mall or multiplex involves a series of regulatory approvals, design parameters, infrastructure provisions, and operational compliances. These requirements ensure that the structure is safe, functional, accessible, and suited for high-density public use. The process begins with land acquisition and proceeds through multiple phases of design, approvals, construction, and occupancy. 1. Land...

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Who prefers triple frontage commercial land?

Triple frontage commercial land, also known as a corner or three-side open plot, offers maximum visibility, accessibility, and design flexibility, making it highly attractive to a range of users. The exposure to traffic from three different directions significantly boosts branding, footfall, and operational efficiency. 1. Large Retail Chains and Anchor Stores National and international retail...

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What approvals are needed for showroom development?

Developing a showroom — whether for automobiles, electronics, furniture, apparel, or multi-brand retail — involves obtaining a series of pre-construction, construction, and post-construction approvals from local and state authorities. These approvals ensure that the development complies with land use norms, structural safety, urban planning, environmental regulations, and commercial operations...

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Where are food franchises investing in land?

Food franchises strategically invest in land where there is high foot traffic, consumer density, and visibility, with a focus on both urban and emerging markets. Their land acquisition and leasing strategies are driven by brand positioning, target demographics, accessibility, and operational efficiency. 1. Main Roads and High-Street Commercial Areas Food franchises prefer main road-facing plots...

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Why do retail chains prefer main road plots?

Retail chains consistently seek main road plots due to a combination of commercial, operational, and branding advantages. These locations provide strategic benefits that align with their goals of maximizing visibility, access, customer engagement, and revenue generation. 1. Maximum Visibility and Brand Exposure Main road plots offer high footfall and traffic exposure, ensuring the store and brand...

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Why must PAN details be verified before registration?

Verification of Permanent Account Number (PAN) details before the registration of property is a mandatory step enforced under Indian tax and registration laws to ensure transparency, traceability, and compliance in high-value real estate transactions. It is a safeguard against tax evasion, benami transactions, and identity fraud. 1. Mandatory Under Income Tax Law for High-Value Transactions As per...

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 What reporting is required for large land sales?

Large land sales — particularly those involving high-value transactions, capital gains, and ownership transfers — require a series of regulatory and tax-related reporting obligations to ensure transparency, legality, and fiscal compliance. These obligations apply to both buyers and sellers, depending on the value, location, and nature of the land. 1. Income Tax Return Filing by the Seller The...

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How is property tax calculated after resale?

Property tax is a recurring levy imposed by local municipal bodies on real estate properties. After resale or ownership transfer, the tax liability shifts to the new owner, and the calculation of property tax is typically based on area, usage, location, type of construction, and valuation method as prescribed by the respective municipal corporation or panchayat. 1. Property Tax Liability...

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Where is the registration office located?

The registration office, also known as the Sub-Registrar Office (SRO), is the government authority designated to handle the registration of property transactions, deeds, agreements, and other legal documents under the Indian Registration Act, 1908. The appropriate office is determined by the geographical jurisdiction of the property being transacted. 1. Jurisdiction Depends on Location of the...

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Who bears the registration cost—buyer or seller?

The registration cost in a property transaction typically includes stamp duty, registration charges, legal fees, document preparation charges, and sometimes miscellaneous government levies. While the legal responsibility for payment can vary based on contractual agreement, state rules, and market customs, there are generally accepted norms in property sales. 1. General Practice: Buyer Bears the...

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