A Gift Deed is a legal instrument that permits the original property owner to willingly consider giving their property as a gift to another individual, trust, or organization. The presence of this document aims to alleviate conflicts that may develop as a result of inheritance claims. We have elaborated on the judicial process and the main provisions of the deed in this blog.… Read more
PropertyPistol Insight Team
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In real estate, what is ingress and egress?
Tags: Real EstateRealty Guide
When acquiring a home, most buyers make many preconceptions. The presumption is that they have complete freedom to enter and exit the property. It is conceivable, though, to own property yet not have the right to access or depart it. In such a precarious position, the best way out is to acquire entry and egress rights for easy access to your property.… Read more
Benefits and drawbacks of obtaining a top-up loan
A top-up loan meets all of your financial needs, including home remodelling and registration to purchasing furnishings and fittings and extra parking space. Should you take out a top-up loan? Continue reading to learn more.… Read more
Everything you need to know about the Societies Registration Act
Tags: LegalReal Estate
The Societies Registration Act of 1860 established legal status for organizations fostering poetry, art, science, and charitable events. But changes and instructions made by the Union Territory (UT) and states have authorised the creation of RWAs under the abovementioned laws. This blog examines the legal criteria for founding and registering a society in India.… Read more
Top 4 strategies to invest in real estate without purchasing a house
Tags: IndiaReal Estate
Investing in real estate may appear rewarding, but getting started demands a significant amount of funds. There are several additional solutions that provide lucrative and consistent revenue flow without the requirement to own a house.… Read more
About Light House Project, Chennai
Tags: IndiaInfrastructure
Light House Project was inaugurated by PM Modi in Chennai, to help raise the vision of housing for all. Prime Minister Narendra Modi inaugurated 1152 houses constructed as part of the Light House Project – Chennai, built at a cost of Rs 116 crore under Pradhan Mantri Awas Yojana-Urban. Tamil Nadu’s Light House Project to provide homes to 1,152 families could be a game-changer in building affordable houses at a competitive cost as the project has been completed within 17 months of its foundation stone being laid by Prime Minister Narendra Modi last year.… Read more
In the Bombay Tenancy Act, what are Navi Sharat and Juni Sharat?
Tags: MaharashtraReal Estate
Considering land is a state topic, state laws govern all legislation, regulations, and laws concerning land transfer, conversion, and other procedures. Agricultural land conversions in Maharashtra are governed by the Bombay Tenancy Act, which allows tenement or leasehold ownership (Navi Sharat) to be changed to outright ownership (Juni Sharat).… Read more
What Are the Advantages and Disadvantages of Renting a Studio Apartment?
Tags: Real EstateRental
A studio apartment, also known as a studio flat or a self-contained apartment, is an open room with one exact centre and rooms assigned to fulfil multiple tasks such as the kitchen, bedroom, and living room. A separate bathroom is usually included with a studio unit.… Read more
What exactly is a gated community?
The strain of rising requirements and time constraints have curtailed social engagement among city inhabitants in shifting settings. As a result, there is an urgent demand for residential spaces that not only assure a comfortable lifestyle but also reignite the ancient beauty of communal living. This has opened the way for gated communities, which are becoming increasingly popular in the Indian real estate market.… Read more
What is the difference between de facto and de jure possession?
Tags: IndiaReal Estate
The two most commonly used words in real estate are de facto and de jure possession. De facto refers to physical custody of property, whereas de jure refers to legal possession of an immovable item independent of physical possession.… Read more
