Summary An encumbrance certificate serves as proof of possession of the property. When applying for a home loan or obtaining a loan against a property, an encumbrance certificate is crucial. There are two types of ECs: Form 15 and Form 16 To obtain an Encumbrance Certificate, a person must determine the period for which the […]
The first and foremost thing to do while buying and selling a property in times of coronavirus is to ensure safety and take all precautions while inspecting the property.Investment in property has always been marked with uncertainty. The fear of unknown looms large in case of real estate investment. It is more so today in […]
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 […]
What can be better for an NRI than having a hand in the growth and prosperity of his motherland? Perhaps nothing is better than it. It motivates NRIs to invest in India.NRIs buy property in India as It helps them to stay connected to their roots It is an investment opportunity Investment decisions are generally guided […]
It is a bitter fact that there is an occurrence of frauds while buying or selling the property. Misinformation or Ignorance or lack of information on procedures and documentation is the main cause. However, one can easily avoid these complications. Some of such common frauds are:Imperfect Title – For a buyer, it is significant to ensure […]
Due diligence and title search play an important role in real estate/property transactions. People approach us and often have the following queries.What is due diligence and Title Search before property purchase?It means taking all precautions and ensuring that investment in a property is safe and secure.By exercising due diligence: The buyer identifies and evaluates all […]
Sale Agreement contains terms and conditions agreed to between the buyer and the seller for effecting the sale.When the buyer or the seller acts in violation of these terms and conditions or does not act or refuses to act as required, there is a breach of sale agreement. There can be numerous examples of such […]
Home is not selling? the solution lies in looking into the factors influencing the demand for houses and acting accordingly.
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 […]