Right to live with dignity is not dependent on any age/income, and everyone including elders is equally entitled to the same irrespective of social
Category: Blog
How Power of Attorney Helps NRIs Manage Their Assets
NRIs need a POA to manage their assets in their absence as it helps to complete transactions and avoid delays.
Things to do when your home is not selling
Home is not selling? the solution lies in looking into the factors influencing the demand for houses and acting accordingly.
Impact of divorce on joint property in India
The division of property can be made a hassle-free exercise if there is proper documentation in place as per legal advice. The Impact of divorce on joint property…
What is mutation of property and why it is important for buyers?
From a buyer’s point of view, it is imperative that the property he intends to buy has a clear and undisputed title. The onus to verify the title of the property is on the buyer. It requires well-maintained land record/municipal records where all the past transactions related to the property title are duly recorded. It […]
Rules for selling immovable property in India and repatriation of sale proceeds
Real Estate investment and later selling property acquired in India by NRIs have always been a significant area inviting many queries. RBI governs sale and purchase of property by NRIs under FEMA (Foreign Exchange Management Act), 1999. RBI grants general Permission for property transactions by NRIs in India, and in some cases, specific permission of […]
Tax implications on a gifted property
Gifting a property is a kind gesture, and it is better to be aware of tax implications for gifting a property.We had a case where Mr Bhushan, an NRI was gifted with land situated in India by his father, a resident Indian. He wanted to know: If a land in India can be gifted by […]
Why and where to invest in property in India
Real Estate investment has always been a lucrative option. It still attracts a lot of investors for building on wealth as it promises good returns. Real Estate covers: Housing sector Retail Hospitality Commercial Indian Real Estate sector is also a good option for NRI investors as there is a lot of scope and potential for […]
Importance of registration of rent deed
Gurdip Kaur, a middle-aged woman, residing in the UK had rented out her house here in Punjab. Last year she approached us due to a dispute between her & her tenant in India. Although she did have her rent agreement duly signed by both the parties and authenticated by independent witnesses, the agreement was not […]