Affordable houses may soon be exempted from stamp duty, which varies between 4% and 8% of the transaction value.The Ministry of Urban Development and Housing has made an effort to convince the state government for excluding the stamp duty levied on a ..
Industry/Allotee cannot be participant in a legal dispute if the landowner moves court seeking enhancement of compensation for the property. ..
'Tri-Party Agreement'& Enforcement of security aspect'Tri-Party Agreement'- A tri-party agreement is a business agreement between three separate parties.In mortgage industry, a contract involving the buyer, the primary lender plus ..
FEELING TRAPPED?6 ways in which the Real Estate Act will protect you. ..
16 Literally, Benami means �without name�. The Benami transactions are those transactions in which the real beneficiary is not the person in whose name the transaction {particularly purch ..
Object:(1). To define benami transaction(2). To establish adjudicating authorities and an Appellate Tribunal to deal with benami transactions, and(3). To specify the penalty fo ..
A large number of cases are coming forward wherein a document is registered on the basis of the notarized Power of Attorney. The idea behind transactions on the basis of the notarized power of attorney is to avoid the stamp duty, which later on becom ..
With the rise in the price of the property or getting a good price of the property, the unscrupulous sellers are selling their property to the multiple buyers. The common practice prevailing these days is that the seller enters into an agreement to s ..
For acquiring land by Government Authorities like, MUDA, BDA, or similar authorities, they have to acquire land within a reasonable time from the date of issue of notification. Otherwise, such notifications can be quashed and declaratory relief can b ..
All that you would like to know about the Proposed Greater Mumbai Revised Draft Development Plan 2034 (RDDP 2034) The Revised Draft Development Plan 2034 (RDDP) is an OLD WINE IN A NEW BOTTLE with some added flavors and blends. The Revised DP 2034 is ..
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