India has emerged as one of the fastest-growing economies in recent times and is slated to bounce back strongly, once the COVID-19 pandemic dies down. The World Bank and the International Monetary Fund (IMF) … READ FULL STORY
Property owners in India have to pay direct taxes to local bodies on an annual or semi-annual basis. Most commonly known as property tax, this levy is also known as holding tax in some … READ FULL STORY
To many, flats and apartments may not seem like the perfect choice, to call their own home. This lot would rather build their own homes, right from scratch, as per their own linking. This … READ FULL STORY
A common concern of home buyers pertains to one-sided builder-buyer agreements that are drafted primarily to safeguard the interests of the developers. Using their dominant position in the transaction, developers often insert clauses in … READ FULL STORY
The area of a property is often calculated in three different ways – carpet area, built-up area and super built-up area. Hence, when it comes to buying a property, this can leads to a … READ FULL STORY
Amid a remarkable change in the way products and services are marketed, sold and delivered in an ecosystem that relies heavily on technology, India repealed its three-decade old consumer protection law to launch an … READ FULL STORY
Buying a home involves several legal and financial obligations. To distribute the burden of buying a home, people often opt for joint ownership, with relatives, especially the spouse. “The general view, is that it … READ FULL STORY
Property acquisition can be quite intimidating, considering the costs that the buyer has to bear. In big cities, in fact, a majority of people have to take home loans from banks, to buy properties, … READ FULL STORY
According to the Oxford Dictionary, the term intestate, an adjective, indicates a condition, where an owner of assets has died, without having made a will. This legal term is widely used in the laws … READ FULL STORY
Parties involved in real estate transactions, often hear many unique sector-related terms. This may often be confusing, especially for first-time buyers during an already complicated and stressful home-buying journey. In this article, we simplify … READ FULL STORY
In cities like Mumbai, land is very scarce but the demand for housing is growing continuously. Moreover, some of the buildings in Mumbai and in other cities, have outlived their useful life and pose … READ FULL STORY
Among the many expenses that home buyers have to bear, are the transfer charges that cooperative housing societies charge on the sale and transfer of shares and rights to the flats in a building. … READ FULL STORY
Corporate entities and their auditors in India are mandated by the law, to follow a standardised set of rules while preparing and reviewing financial statements. The main objective of this, is to remove variations … READ FULL STORY
