Acquisition of immovable property by a minor A minor can acquire an immovable in various ways. He can acquire it by way of inheritance, either through a will or through the intestate succession law … READ FULL STORY
For a home buyer, the much awaited sense of ownership of the dream home, follows the execution and registration of the sale deed. The sale deed, from the seller to the buyer, is the … READ FULL STORY
Stamp duty is a compulsory obligation payable on the document which encapsulates the transfer of immovable property, such as real estate. Home buyers are required to pay this when registering the agreement for sale. … READ FULL STORY
In a written reply in the Lok Sabha, on December 19, 2017, union minister of state (independent charge) for Housing and Urban Affairs, Hardeep Singh Puri, clarified that there was no proposal to make … READ FULL STORY
With the government of India hinting at its intention to link Aadhaar numbers with property transactions, several analysts have hailed the proposed move as a game-changer, while others have questioned its intent, its chances … READ FULL STORY
Madras High Court, on June 15, 2017, clarified that housing plots that had been converted from agricultural land before October 21, 2016, may be registered. Passing orders on a clarificatory petition by the state … READ FULL STORY
The Madras High Court has directed the registration authorities to return the registered sale deed documents to land owners, whose sale deeds were rejected citing objections raised under the Registration Act. The court gave … READ FULL STORY
Taxes and duties constitute a large part of the total home buying cost. There are four types of taxes and duties that are levied on the purchase of homes in India – stamp duty, … READ FULL STORY
