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
PropertyPistol Insight Team
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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
How to Locate Ancestral Property Information in India?
What exactly is ancestral property?
Ancestral property is defined as any property inherited from a father, paternal grandpa, or great-grandfather. Furthermore, with a few revisions to the Hindu Succession Act of 1956, a property inherited by a son is no longer considered ancestral property, but rather a self-acquired property. As a result, the Supreme Court has excluded various properties from the definition of “ancestral property,” such as those inherited from a mother, grandmother, uncle, or even a sibling. Furthermore, property inherited by Will or Gift Deed is not designated as ancestral property.… Read more
Delhi’s property registration procedure will become more effective.
Tags: DelhiReal Estate
Delhi residents would no longer have to wait in enormous queues to register their houses. The Delhi government intends to deploy technology such as biometric identification and queue management systems to make the property registration procedure more convenient for people.… Read more
In Delhi, transfer duty will rise by 1%.
Tags: Tax Guide
Property transfers in Delhi could become more expensive as the combined Municipal Corporation of Delhi (MCD) proposes a 1% increase in transfer duty.… Read more
Everything You Need to Know About Letters of Credit (LC)
Tags: LCLegalLetters of Credit
Letters of Credit (LC) are payment instruments used in international commerce to give financial assurance from a creditworthy bank to an exporter. Letters of credit mitigate expenses in international commerce transactions when the buyer and seller are acquainted with each other. Your organisation can only settle for items when the seller produces proof of shipment by letter of credit.… Read more
A woman’s property rights after divorce
Legal issues are frequently difficult and need expert help to be effectively channelled. However such an issue is a woman’s right after divorce, and under what conditions may a separated or divorced wife assert her right to her husband’s property? Continue reading to find out.… Read more
Can landlords impose terms on tenants’ visitors?
Landlords may not impose unreasonable restrictions on guests or demand a fee for having visitors over. You might, however, include particular terms in your lease that pertain to renters’ visits and their privileges. Having an unpleasant or lengthy-term visitor is not uncommon in leases, so keep in mind details like:… Read more
Vastu Shastra tips for Children’s Education
Education is a lifelong endeavor. We never stop learning and growing, even if we leave our college days in the past. Vastu can aid transform ordinary yet hardworking kids into high achievers. Most importantly, entire potentials can be reached and hidden abilities discovered with simple Vastu advice. Most parents understand how important it is to send their children to a good school, but they frequently ignore the fact that this isn’t always enough. The environment they witness should encourage them to excel in their academic achievement. The course on their table, colorings within the space, artwork on exhibit, mattress positioning, and so on are all important places for children to feel targeted and cheerful. Learning is the single highest quality … Read more
