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Property

Pre-stressed concrete

In the field of finance, we often come across the term "pre-stressed concrete". This type of reinforced concrete utilizes high-tensile steel bars or wires, which are either pre-tensioned or post-tensioned. By strategically positioning these wires or tendons, the concrete is able to eliminate tension, preventing cracks and making it both water-tight and gas-tight. This method also enhances the durability of the structure, allowing for greater spans and higher loading capacity. In simpler terms, pre-stressed concrete is a game-changer in the world of construction and engineering.

Rateable value

When discussing property taxes in India, it's important to understand the concept of "rateable value." This is the value upon which the tax is calculated, and it is determin...

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Private treaty

One of the most frequently used ways of selling real estate is through private negotiations between the seller and potential buyers, or their representatives. This process i...

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Completion certificate/statement

In the world of finance, a conveyance statement is a document created by solicitors who represent both the buyer and seller in a property transaction. It outlines all paymen...

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Business centre

A business centre offers temporary commercial premises to its members for a limited time. This type of arrangement typically includes full-service amenities, such as HVAC, h...

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