Renting out property while living abroad is one of the most common and efficient ways for Non-Resident Indians (NRIs) to generate passive income. Whether it’s a residential flat in a growing city, an ancestral … READ FULL STORY
Historically, real estate has been one of the preferred asset classes to park unaccounted money. Over time, numerous ways were invented to make the investment appear legal, including sale and purchase of property through … READ FULL STORY
An important aspect of a property transaction in Rajasthan is the payment of stamp duty and registration charges. This is controlled by Rajasthan Stamps Act of 1908 and is calculated as a percentage of … READ FULL STORY
There are different ways in which a property can be sold in India. These range from the common practice of executing a sale deed to executing a gift deed, relinquishment deed, etc. Other methods … READ FULL STORY
While every individual dreams of a house once in his/her lifetime, many people still prefer to buy or invest directly in land. Land accounts for the major cost component of any real estate purchase … READ FULL STORY
A non-resident Indian (NRI) wanting to buy, sell or rent his property has to know about one important document that will help him do all these activities without him/her physically being present in India. … READ FULL STORY
Are you looking for buying a plot? Plots have several advantages over flats. They generally require a low initial investment—buying a plot is cheaper than purchasing a furnished flat. However, regardless of the property … READ FULL STORY
Is producing the power of attorney (PoA) necessary in a title suit if the property sale has taken place using it as an instrument? In an order passed on January 13, 203, a two-member … READ FULL STORY
A Power of Attorney (PoA) is a lawful document that grants someone the power to represent another individual in financial, legal, or personal affairs. Defined by the Power of Attorney Act of 1882, it … READ FULL STORY
A special power of attorney is a document that grants a person legal rights to make financial and legal decisions on behalf of their client. It is also known as a limited power of … READ FULL STORY
Property investments are highly capital intensive and any mistake made during the process, can cause a great deal of trouble for the buyer. This makes it imperative for a buyer to exercise due caution … READ FULL STORY
June 21, 2023: The Punjab Cabinet on June 20 decided to increase the stamp duty on power of attorney (PoA) created for the purpose of giving a person authority to sell a property. From … READ FULL STORY
June 5, 2023: An agreement to sell does not confer property title. However, the right of the buyer must be protected under Section 53A of the Transfer of Property Act, 1882, if they kept … READ FULL STORY
