FEELING TRAPPED? 6 ways in which the Real Estate Act will protect you. The Real Estate Act comes into force in 2016 and makes several provisions for the protection of buyers : Mandatory to register with the Real Estate Regulatory Authority (RERA): All commercial and residential real estate projects with over 500 square meters […]
Read More →Here is everything that you wanted to know about writing the Will Wealth is of two kinds: Ancestral – Properties handed down through generations and Self acquired – Properties acquired through self-earned money. In the event of ancestral properties the Will has very limited role to play. However in self acquired properties, the Will is […]
Read More →Earlier the benami transactions are defined as a “transaction where a property is held by or transferred to a person, but has been provided for or paid by another person”. This Act has amended this definition by to add other transactions which qualify as benami, such as property transactions or arrangement where: where a property […]
Read More →7 things to do to check the legal aspects of a property for it’s transaction on your own. Checking on the legal aspects of a property is easy. Simply make a note of these points and keep ticking them as you check them: Insist on seeing the original documents: There’s a lot of scope for foul […]
Read More →Real Estate (Regulation and Development) Act, 2016 The Real Estate (Regulation and Development) Act, 2016 came into force on May 01, 2016. Union Ministry of Housing and Urban Poverty Alleviation (HUPA) notified 69 of the total 92 sections of the Act to bring it into force from 1 May 2016. This culminates the eight year long efforts […]
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