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
A sale deed is a legal document that proves that a property has been transferred from the seller to the buyer. A sale deed acts as the main legal document, confirming the sale and … READ FULL STORY
Buying a property is a significant financial and emotional investment, and the process in India involves several essential legal documents to ensure a smooth and secure transaction. Whether you are a first-time homebuyer or … READ FULL STORY
When planning to sell a property, a seller must arrange several documents before proceeding with the transaction. Documents such as encumbrance certificates are crucial as they help establish the seller’s ownership rights over the … READ FULL STORY
In the intricate landscape of the Indian real estate market, property transactions are often seen as significant milestones. For sellers, these deals are not merely financial transactions; they usually represent years of savings, emotional … READ FULL STORY
When one buys a property, the sale consideration is generally paid for, by way of money. However it is not necessary that the consideration for the transfer of a property, should always involve money. … READ FULL STORY
Contracts entered into by minors have no enforceability in the eyes of the law, the Supreme Court has reiterated. The apex court made this observation while upholding an order of the Madurai Bench of … READ FULL STORY
The Uttar Pradesh Real Estate Regulatory Authority (UP Rera) has issued a directive, urging real estate developers and homebuyers to formalise a registered sale agreement before engaging in transactions exceeding 10% of a property’s … READ FULL STORY
Builders in India must mention the “non-negotiable” clauses at the time of providing agreement to sale, the Maharashtra Real Estate Regulatory Authority (RERA) has ruled. The state authority issued a notification in this regard … READ FULL STORY
An unregistered agreement to sell is not admissible as evidence in a permanent injunction suit, the Supreme Court has ruled. In an order delivered on September 23, 2022, the apex court said that such … READ FULL STORY
The Real Estate (Regulation and Development) Act, 2016, is a landmark legislation in the history of Indian real estate. It is a comprehensive statute that establishes the Real Estate Regulatory Authority, to regulate the … READ FULL STORY
In today’s digital world, online buying has become a norm. The online marketplace is so vast that there is hardly anything left out of its ambit. From a pack of noodles, or clothing to … READ FULL STORY
The taxation on property purchase, has become much simpler than it was before. With the roll-out of the Goods and Services Tax (GST), several taxes previously applicable on real estate purchase (VAT, service tax, … READ FULL STORY
