Real estate covers housing, retail, hospitality and commercial sector. Investment in real estate is a lucrative option. It attracts a lot of investors for building on wealth as it promises good returns. It acts as a catalyst for the economy. Governmental policies provide various tax concessions in the real estate sector. Deductions are permitted to encourage […]
Women have been subject to bias in property matters. Woman’s day is an opportunity to ponder over such inequalities and initiate measures for empowering women about their property rights.Today women are financially independent. Our legal system recognizes their rights in the property as independent owners. The Government has given many relaxations like lower stamp duty […]
Real Estate investment has always been a lucrative option. It attracts a lot of investors for building on wealth as it promises good returns. Real estate covers housing, retail, hospitality and commercial sector.The decision to invest in real estate requires a careful analysis of the economic conditions investment policies availability of funds People invest in real […]
Budget time in India is usually one of anxiety and anticipation – both for residents and NRIs. This year’s budget addresses some taxation issues related to the Non-Resident Indians.An NRI is liable to be taxed for income which he has earned/accrued to him in India. He is not taxed for his global income. For payment […]
A resident Indian buyer has to comply with a particular set of TDS rules when he is buying property from NRI. The rules are prescribed as per the Indian Income Tax Law. It is advised to take the assistance of an expert in calculation and filing of TDS return to avoid legal hassles. It would be easier to […]
There has always been a huge amount of skepticism around the landlord-tenant equation in our country. Legally, the landlord-tenant relationship is governed by Rent laws which differ from State to State. In case of any problem, the law permits eviction of the tenant on specific grounds-illegal measures to evict the tenant should be avoided. In reality, it […]
The first question in the minds of any potential property investor is mostly regarding the safety of such an investment. The answer, though not difficult, does involve an analysis of the economy and exercise of due diligence in the area of investment. The relief factor, however, is that there are competent Professionals and Law firms who assist […]
Legal Due Diligence means taking all precautions to safeguard ones’ interest in a particular transaction. The transaction can be the sale of a property, buying a property, signing a contract etc. Its purpose is: To identify the risks involved To minimize those risks The essence is to know the fact which one ought to know. It is […]
Sale of property means transferring the title in the property for a sale consideration. The seller transfers the ownership rights in the property to the buyer. A sale deed is the primary legal document which evidences the sale of a property. The sale transaction is complete when the sale deed is executed and registered as per […]