A conveyance deed is a vital legal document that transfers the ownership of land to a cooperative housing society from a developer or from the previous landowner. In several cities like Mumbai, many housing … READ FULL STORY
Under Section 194-IA of the income tax law, property buyers in India are obliged to deduct tax at source (TDS) if the property value is more than Rs 50 lakh. On property deals worth … READ FULL STORY
In real estate, several legal documents are pivotal in property transactions. Among them, the sale deed and conveyance deed play essential roles, each serving the purpose of transferring ownership rights. Despite the common goal, … READ FULL STORY
November 24, 2023: Starting December 1, 2023, the Tamil Nadu state government will implement a new system for registering sale deeds of properties located in multi-stories apartments. According to media reports, under the new … READ FULL STORY
An agreement to sell is not an instrument that can transfer ownership of property neither does it confer any title, the Supreme Court has ruled. “The agreement to sell is not a conveyance; it … READ FULL STORY
Conveyance refers to the act of transferring the title, ownership, rights and interests in a property from one person to another. The term deed refers to an instrument such as a written document that … READ FULL STORY
For the sale of an immovable property, generally two types of agreements are made: an agreement for sale and a sale deed or sale agreement. The agreement for sale is required to be stamped … 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
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
The Delhi Development Authority (DDA), on September 16, 2019, approved changing the mode of allotment of lands in socio-cultural and religious categories, from direct allotment to auction mode. The approved proposal will now be … READ FULL STORY
