Summary Will is an essential legal document which should be prepared during the lifetime of the testator. A Will document can be made in any language, and it needs to be signed by the testator. Further, the Will document needs to be attested by at least 02 witnesses. A Will can be registered at the […]
Tag: Indian Property
Tax benefits of Real Estate
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 […]
Transfer of ancestral property and registration of transfer deed
Transfer of immovable property results in the conveyance of property rights, i.e. title, rights, interest in the property by one person to another. The property can be transferred by the person having rights to do so. Generally, it is the owner of the property or the person authorized to do so. Any document showing the ownership of the […]
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 […]
Property rights of a son on mother’s self-earned property – Issues and the Law
There has been such a massive change in the social milieu in our country that now issues arise regarding a mother’s property too – reflective of the fact that women have shares in the family property now.In further lines of succession of property owned by a woman, a son can claim a share in his […]
How to file a partition suit for a property in India
Partition is a division of property among those who are entitled to the same. In case of property held jointly, if all the co-sharers decide mutually among themselves to divide the property and agree for specific share, there is partition by mutual consent. If there is a dispute, the parties file a suit for partition […]