Suppose you are looking at selling your ancestral property or buying a piece of land or an apartment, the first question that will demand an answer is what the value of the property is. … READ FULL STORY
In Maharashtra, stamp duty is a tax levied on every legal property transaction. It is controlled by the Indian Stamp Act of 1899 and the Maharashtra Stamp Act of 1958. The buyer must pay … READ FULL STORY
Once transfer of ownership of property is done, documenting this change is the next step. This is important to show that the property title is registered in the new owner’s name, thereby helping avoid … READ FULL STORY
Buying an under-construction property with a home loan can be a smart financial move, but it comes with unique tax implications. Unlike ready-to-move properties, tax benefits on an under-construction home are structured differently under … READ FULL STORY
When purchasing a property, homebuyers must ensure that all necessary legal documents are in place. From title deeds to completion certificates, these documents validate ownership, compliance, and safety. One such crucial document is the … READ FULL STORY
Have you faced a situation when the builder has sold the property that you had mortgaged without even the bank knowing. This is worrisome and to avoid encountering such a situation, one should be … READ FULL STORY
Property owners in Chennai have to pay an annual property tax, irrespective of self-occupancy or renting out to a tenant and residence type. The Chennai Property Tax is collected by the Greater Chennai Corporation … READ FULL STORY
Owning a home is a dream for many, and senior citizens in India are no exception. While financial institutions primarily focus on younger borrowers, many banks and NBFCs offer specialized home loan schemes catering … READ FULL STORY
Once a home purchase deal is finalised between a buyer and a seller, a formal process is initiated to conclude it legally. This starts with the buyer paying token money to the seller. What … READ FULL STORY
Buying a home is often portrayed as a fairytale – finding your dream space, building equity, and creating lasting memories. But the reality is, the journey is paved with more than just a down … READ FULL STORY
Investing in Indian real estate offers NRIs both emotional value and potential returns, but it requires navigating complex legal processes from afar. Legal due diligence—verifying all legal aspects of a property—is essential to ensure … READ FULL STORY
Discovering construction defects like cracks in walls or leakages after taking possession can be distressing for a homeowner. To address such issues, the Real Estate (Regulation and Development) Act, 2016 (RERA) provides a legal … READ FULL STORY
Vasant Kumar had zeroed in on a 2BHK resale property in Pune. While he has given the token money, he is now confused because the mutation of the property was not done by the … READ FULL STORY
