The term “Bayana” refers to a verbal agreement between a buyer and a seller. Token money is known as ‘Bayana’ in various places of India. … Read more
What is the difference between Builder Floor Apartment and Multistorey Apartment?
With the evolution taking place in the real estate market, an array of options for different apartments, builder’s floors, and multi-stories are available for purchase. … Read more
Everything you need to know about lessee!
The terms ‘lessee’ and ‘lessor’ are almost always used in rental agreements. This is particularly true if the lease is for commercial or industrial premises. … Read more
All you need to know about Tenancy Agreements in India
The tenancy agreement is the official agreement made between the landlord and the tenant. It serves as an official document that enumerates the arrangements between landlords and tenants.… Read more
All about unilateral contracts in real estate – definition, examples, principles & more!
Whenever we hear the word contract, it always comes to mind that the agreement is between two people or parties over a business or personal-related matter. … Read more
What is a probate sale and how does it work?
When a person dies, he/she may create a will to dispose of their property. In many other cases, the deceased may not have created a will for the property. In these cases, a probate sale is required. The heirs need to understand the property transfer process, why a probate sale is important, and whether they should buy through this type of sale.… Read more
Here are five alternatives to foreclosure that can help you!
It’s better to understand the alternatives to the foreclosure process before you get involved in the real estate market. It’s important to talk about it since it is an important subject and crucial process in Real Estate.… Read more
Property Will: how soon should you draft your will?
It’s a straightforward question to answer. Property Wills hold a lot of importance, and it’s important to draft them as soon as possible. You do not even need a lawyer to write a will. So why waste time?… Read more
Price difference of ready and under construction property
As India battles the uncertain times of Covid-19 and fragmented lockdowns, the largely hit real-estate sector observed some major economic changes. This derailment was easily transparent with the lowest ever price difference of 3-5% in ready and under construction property in the Q1 of 2021.… Read more
The 7/12 Satbara Utara and its importance
Many people are accustomed to the regulations included while buying an apartment or a flat. But, what if you want to buy a plot in Maharashtra? In cases like these, the Satbara Utara or 7/12 extract is an important document. The 7/12 documents are now provided online through the Maha Bhulekh portal by the Maharashtra government. This is a one-stop platform for extracting, downloading, and searching land documents in the state. … Read more