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 […]
Tag: buy property
Investing in Real Estate in India-Problems and Solutions for NRIs
The real estate sector is one of the most critical and recognized sectors in the World. Most entrepreneurs are widely attracted to the real estate sector. Due to its high profit, it attracts the entire business community. In earlier days, it drew only entrepreneurs to the real estate sector. But now, the real estate sector […]
NRIs Alert! Buying property in India? The guidelines
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 […]
Can NRIs buy property jointly with resident Indian?
Some things in this world are still going fine jointly! Take property ownership in India, for instance – especially when we live in a country where the property is still one of the most coveted ways to connect with your roots.For NRIs, purchasing a property in India is much more than an investment opportunity. It […]
Importance of Due Diligence and Title Search before Property Purchase
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 […]
Before you Buy a Property in India
To buy a property or land that’s for sale in India is a great investment opportunity but there may be some questions that arise while making the decision. Some of the questions and their answer are as follows:How can one acquire ownership of a Property or land that’s for sale in India?One can acquire ownership […]
Buying and Selling Property in India – Refresh your facts!
Over a period, when NRIs approach us for various property disputes and seek legal advice from our expert team of lawyers, we are most often faced with the same kind of queries regarding the buying of property and the restrictions related to this.Here, we try and present certain crucial facts and restrictions:Can an NRI buy/invest […]