The inheritance of a wife’s properties after her death in India is governed by the Hindu Succession Act, 1956 (HSA) for Hindus, Buddhists, Jains, and Sikhs; the Muslim Personal Law (Shariat) Application Act, 1937 (MPASAA) for Muslims; and the Indian Succession Act, 1925 (ISA) for Christians and Parsis.… Read more
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Understanding the Role of Stirrups in Construction!
In the world of construction, each component and element plays a crucial role in ensuring the stability and durability of a structure. One such important element that often goes unnoticed by the casual observer is the “stirrup.” Stirrups are essential components in reinforced concrete construction, providing the necessary structural support to reinforce the building’s integrity. In this blog, we will delve into what stirrups are, their significance in construction, and how they contribute to the strength and safety of buildings.… Read more
The Role of Partition Deeds: A Guide to Fair Property Division!
Property division can be a complex and contentious process, particularly when it involves co-owners, family members, or business partners. In such scenarios, a partition deed often comes into play as a crucial legal document to ensure a fair and amicable division of property. In this blog, we will explore the concept of a partition deed and discuss the situations in which it is commonly used for property division.… Read more
Understanding Relinquishment Deeds: A Guide to Property Division!
In the intricate world of property transactions and division, one term that often arises is the “relinquishment deed.” This legal document plays a crucial role in situations where property is divided among family members or co-owners. In this blog, we will delve into what a relinquishment deed is, how it is used in property division, and the key aspects you need to know.… Read more
Partition Deeds Unveiled: How Women’s Property Rights Are Defined by HC!
The Bombay High Court has ruled that property received by a woman through a partition deed is not considered inheritance under the Hindu Marriage Act, 1955.… Read more
Concrete Repair 101: A DIYer’s Guide to Tackling Cracks!
Concrete is a durable and commonly used building material, but over time, it can develop cracks. These cracks not only affect the aesthetics of your property but can also lead to structural issues if left unaddressed. The good news is that repairing cracks in concrete is a DIY-friendly project that doesn’t require advanced construction skills. In this guide, we will walk you through the steps to effectively fix cracks in concrete and restore the integrity of your surfaces.… Read more
TDS on Sale of Property: Your Ultimate Tax Guide!
Tax Deducted at Source (TDS) is a system of tax collection in India where the payer of certain types of income deducts a certain percentage of tax at the source of payment and deposits it with the government. TDS is applicable on a variety of incomes, including the sale of property.… Read more
Housing sales in Mumbai are predicted to surpass Rs 1 lakh Cr this year and may surpass Rs 2 lakh Cr in 2030!
The report you are referring to, “Unlocking Opportunities with Infrastructure Development” by JLL-NAREDCO, predicts that housing sales in Mumbai are likely to cross Rs 1 lakh crore in 2023 and surpass Rs 2 lakh crore in 2030. This is a significant increase from the Rs 90,552 crore in sales recorded in 2022.… Read more
Demand for luxury property surges in Pune, builders predict recovery of the industry following Covid!
After a lull due to the pandemic, the real estate industry in Pune has seen a steady increase in luxury and premium home launches over the past two years. Developers have attributed this to people having more money to spend and feeling good about the real estate market. ANAROCK, a property consultancy, has found that 22% of all the 39,870 new tenements that will be launched in Pune this year will be luxury and premium houses. This series will make up 29% of all the 64,350 new launches in 2022. This year, 39% of the total 40,770 releases will be premium and luxury.… Read more
Tier II cities are becoming popular destinations for luxury independent floors!
Living in a Tier II city is more than just fancy homes – it’s a lifestyle change that appeals to today’s discerning homebuyers. This shift in buying habits is changing the real estate landscape in these cities. Luxury independent floors are becoming more popular due to their affordability, the need for more space and privacy, better infrastructure, and a better quality of life. This trend has been especially noticeable in the Tri-City region of Panchkula, Chandigarh, and Mohali, and DLF Ltd. is excited to offer our next product, set in the beautiful Tri-city town, to meet this growing demand. We think this trend will only grow in the future as more homeowners look for big, exclusive, and high-end housing options … Read more