What is NRI’s Impact on Indian Real Estate?

As non-resident Indians (NRIs) continue to put money into the Indian property market with an increasing focus on long-term investment, it is expected that they will account for 20% of the country’s real estate sector investment by 2025, as per a report by NoBroker, one of India’s leading proptech unicorns. In the last 12 months, there has been an increase in the number of non-resident investors (NRIs) investing in the Indian property market. According to NoBroker, in 2019–2022, NRIs made up about 10% of total investment in the country’s property market. In terms of investment destinations, respondents to the survey preferred Bengaluru over Mumbai with 29% choosing Bengaluru and 24% choosing Mumbai.… Read more

Unraveling the Deed of Reconveyance in India: Significance and Meaning!

In the intricate realm of real estate transactions, certain legal documents play a pivotal role in defining property ownership and financial obligations. One such document that holds significant importance, especially in the context of mortgages, is the Deed of Reconveyance. … Read more

Navigating Distressed Properties in India!

Investing in real estate has always been a significant aspect of wealth creation, and for some, the allure of distressed properties presents a unique opportunity. Distressed properties, often the result of financial hardship or legal issues faced by the owners, can be acquired at a lower cost, providing potential investors with an avenue for substantial returns.… Read more

Demystifying E-auction of Properties in India: A Comprehensive Guide!

The Indian real estate market is witnessing a paradigm shift with the increasing adoption of technology, particularly in the realm of property auctions. E-auctions, which have transformed the way properties are bought and sold, offer a transparent, efficient, and convenient platform for both buyers and sellers.… Read more

Circle Rates and Homebuying: What You Need to Know?

A circle rate, also known as the guidance value or jantri rate, is the minimum value of a property as determined by the state government. It serves as a benchmark for calculating stamp duty and registration charges, which are taxes levied on property transactions.… Read more

Oberoi Realty Unveils Forestville: A Landmark Luxury Residential Project in Kolshet, Thane!

Oberoi Realty, a leading real estate developer in India, announced the launch of Forestville by Oberoi Realty, a luxury residential project in Kolshet, Thane on November 20, 2023. Spread across 18 acres, Forestville will consist of five residential towers, with the first phase comprising three towers.… Read more

Empowering Women: Understanding the Property Rights of a Walida!

In a world increasingly focused on gender equality, understanding the property rights of women is crucial for achieving a just and equitable society. In the context of inheritance and property ownership, the term “Walida” holds significant meaning in Islamic law. A Walida refers to a mother, and her property rights are outlined in Islamic jurisprudence. This blog delves into the property rights of a Walida, highlighting her legal entitlements and the significance of upholding these rights.… Read more

The Role of a Murtahin in Home Buying!

Murtahin is an Arabic word meaning “mortgagee”. In India, it is commonly used in land and revenue records to refer to the mortgagee in a mortgage transaction. When a person takes a loan from a bank to buy a home, the bank becomes the mortgagee and the person taking the loan becomes the mortgagor. The mortgagor becomes the Murtahin in this case.… Read more

Delving into the Malguzari System: Understanding its Significance and Distinction from Majkoor!

In the intricate tapestry of India’s land tenure and revenue systems, two terms stand out: Malguzari and Majkoor. While often used interchangeably, these terms hold distinct meanings and play unique roles in the land records landscape. To unravel the complexities of these concepts, let’s embark on a journey to understand their significance and differentiation.… Read more

Banjar Land: Unveiling the Deeper Essence Beyond Literal Boundaries!

In the vast tapestry of language, certain terms carry more weight than their literal definitions. “Banjar land” is one such expression, resonating with meanings that extend far beyond its surface interpretation. Beyond the geographical connotations, Banjar land embodies cultural richness, historical narratives, and a unique way of life that intertwines with the very fabric of its existence.… Read more

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