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
Unveiling Intrinsic Value: A Guide to Uncover the True Potential of Your Assets in India!
In the world of investments, the concept of intrinsic value stands as a beacon for investors seeking to understand the real worth of their assets. In India, where a dynamic and rapidly growing economy offers a plethora of investment opportunities, understanding intrinsic value becomes paramount. In this blog, we will explore the significance of intrinsic value, its relevance in the Indian context, and how investors can harness this knowledge to make informed decisions.… Read more
Navigating the Legal Maze: A Comprehensive Guide to Commercial Sublease Agreements in India!
In the dynamic world of commercial real estate, subleasing arrangements have emerged as a viable option for businesses seeking flexibility and cost-effectiveness. While subleasing offers several advantages, it’s crucial to approach the process with caution and thorough understanding. This blog delves into the intricacies of commercial sublease agreements in India, providing essential insights for businesses venturing into this domain.… Read more
Navigating India’s Land Mosaic!
In India, there are several types of land available for purchase, each with its own set of characteristics and restrictions. Here is a summary of some of the most common types of land:… Read more
Demystifying the Term “Kanooni”: A Comprehensive Guide!
In the realm of Indian real estate, the word “Kanooni” often surfaces, but its precise meaning and implications remain unclear to many. This blog aims to shed light on this crucial term, providing a comprehensive understanding of its usage, significance, and applications in the real estate landscape.… Read more
Fak-ul-Rahin: Everything You Need to Know About Mortgage Redemption in India!
The term ‘Rahin’ refers to a mortgage deed, and thereby, Fak-ul-Rahin is the reverse procedure of Rahin or Redemption deed of a mortgage. It occurs when an individual who has mortgaged their land (mortgagor) wants to redeem the mortgage and get their land back after paying the due amount to the mortgagee. This kind of mutation is known as Fak-ul-Rahin.… Read more
Navigating the Maze of Building Construction Clearances: A Comprehensive Guide!
The process of constructing a building involves a myriad of legal and regulatory hurdles, often leaving aspiring homeowners and developers perplexed. Obtaining the necessary clearances from various authorities is paramount to ensuring the legality and safety of any building project. This comprehensive guide delves into the steps involved in securing building construction clearances, empowering you to navigate this intricate process with clarity and confidence.… Read more
Breaking Free from Landlord Control: HC Grants Tenants the Power to Rebuild!
In a landmark judgment, the Bombay High Court has ruled that tenants can rebuild demolished buildings without the permission of their landlords. The court also directed the Municipal Corporation of Greater Mumbai (MCGM) to grant permission for reconstruction without the landlord’s consent.… Read more