Chennai’s New Parking Policy Mandates Proof of Parking for Car Buyers
The Chennai Unified Metropolitan Transport Authority (CUMTA) has introduced a groundbreaking parking policy that mandates proof of parking for new car buyers in the city. This initiative, approved by the Housing and Urban Development Department, aims to tackle Chennai’s traffic worsening.
Karnataka to increase Electricity Tariff rates from April 2025
Karnataka is set to witness an increase in electricity tariffs. The Karnataka Electricity Regulatory Commission (KERC) has sanctioned the proposal presented by the Electricity Supply Companies (ESCOMs). The revised rates will come into effect on April 1 2025. This will create a financial
How to Prepare Income and Expenditure Account of Co-operative Society
The income and expenditure account of co-operative society is a vital financial statement that determines tax obligations. Tax rates range from 10% for income up to ₹10,000 to 30% for earnings above ₹20,000. Consumer co-operative societies can claim deductions up to ₹1 lakh effectively. Y
Apartment Clubhouse: Rules, Regulations and Importance
Apartment clubhouses are spaces in apartments where residents can relax and socialize. They have different amenities to make residents' lives easier. Property values rise significantly when apartment complexes have clubhouses. These properties appreciate faster than those without such fac
What Is Concierge Service? Meaning & Guide for Apartment Living
Apartment buildings with concierge services get a 4.8% higher star rating. This defines concierge service value in modern apartment living. Luxury apartment buildings offer concierge service/staff who act as your personal assistan
Cooperative Society Accounting Made Simple: Issues & Best Practices
Legal mandates like the Societies Registration Act 1860 govern accounting for cooperative society in India. These laws demand detailed documentation of all financial transactions. Many societies find it hard
How Solar Panels Work? A Step-by-Step Guide
The global solar energy market surges towards a projected value of $436.36 billion by 2032, with a 6% CAGR, as per the sources. There has been a tremendous technological advancement in solar panels. Ten years ago the average solar panel was roughly 13% efficiency; now we are seeing effici
Tenant Verification in Punjab: Process & Importance
Tenant verification in Punjab is more than just a formality. Imagine renting out your home, expecting a responsible tenant, only to later discover they have a criminal background or are involved in illegal activities. That’s exactly what tenant verification helps prevent. By verifying a t