When buying or selling immovable property, it’s critical to protect your investment with a legal agreement. However, the type of settlement that is reached may also differ depending on how the events are resolved. In general, there are two types of contracts: the settlement of sale, in which the transfer of property is guaranteed at a future date, and the sale deed, which contains an immediate transfer of property rights. As a result, the covenant is created based on the nature of the customer-vendor relationship.… Read more
All About HUF
Tags: LegalReal Estate
Hindu Undivided Family (HUF). You can reduce taxes by expanding your family unit and combining assets to form a HUF. HUF collects taxes from its donors one by one. A HUF can be formed by a Hindu family’s circle of relatives. HUFs can also be formed by Buddhists, Jains, and Sikhs. HUF has its PAN and keeps track of its contributors’ tax filings.… Read more
All You Need to Know About Release Deed
Tags: Real Estate
A deed of release is a criminal document that cancels a previous claim on an asset. It provides launch documents based on a legally enforceable agreement. When a lender releases the title of real property to the house owner after the loan is paid off, a deed of release is most likely covered. A deed of launch relieves the events of their previous commitments.… Read more
Land Measurement Units in India
Tags: Real EstateRealty Guide
While some of the more common size-related items are used all over the world, terms may differ when purchases are made locally inside India. As a result, it’s critical to keep yourself up to speed with the terms, as this has been mentioned as a source of difficulty by several customers. Here are some of the land measuring devices used in India with which you should get familiar.… Read more
Key legal checklist for buying a property
Tags: Real Estate
Property investments are high-risk investments, and any blunder involved in the making can cost the buyer a lot of money. As a result, it is critical for a buyer to proceed with caution when reviewing the property documentation. … Read more
How to add a co-owner to a property?
Tags: IndiaReal Estate
During any time during their lifespan, property owners have the choice of granting co-ownership of their homes, flats, apartments, and landed property. Establishing a co-owner in a property is mainly made to prevent disagreements that may develop during the allocation of the property following the owner’s death, although the reasons for doing so may change in each circumstance.… Read more
Here’s All About Kakatiya Urban Development Authority
Tags: Real EstateRealty News
The Kakatiya Urban Development Authority is the city planning organization for Warangal, which is located in the Indian state of Telangana. It became linked in 1982 and had authority over 171 villages, including 27 villages in Karimnagar district and the Warangal Municipal Corporation area, with an area of 1805.00 square kilometers.… Read more
Dwarka Expressway Stretch in Gurugram Expected to Open in December
Tags: Real Estate
The 19 kilometers long stretch of the Dwarka Expressway in Gurugram from Kherki Daula to Bajghera is expected to be opened to commuters by the end of the year, with officials from the National Highways Authority of India (NHAI) revealing recently that December 2022 is the latest deadline for the Gurugram portion of the project. … Read more
DDA’s Master Plan 2041 Awaits the Final nod
Tags: Real Estate
The consultative process of drafting a Delhi Master Plan 2041 is now complete. Delhi Development Authority (DDA) is expected to soon place the document in its board meeting for approval before forwarding it to the Centre for its go-ahead and gazette notification.… Read more
