Capital asset typically refers to anything that you own for personal or investment purposes. It includes all kinds of property; movable or immovable, tangible or intangible, fixed or circulating.Examples include a house, land, household furnishings, stocks, bonds Continue Reading.....
Real Estate Regulations & Development Act (RERA) | Key points & Review
Real Estate (Regulation and Development) Act 2016, which was enacted on 1st May 2016, will come into existence on 1st May, 2017.We are all aware of the fact that the real estate sector in India is highly unorganized and largely unregulated. The implementation of a Continue Reading.....
What is Ancestral Property? | Definition & Important Legal rules
One can acquire (or) own a real estate property through different ways. You can invest your hard-earned money and buy a property (or) you can acquire a property through a Will (or) you may get it through inheritance also.We also often hear people saying that we own Continue Reading.....
Lost your Property Documents? How to apply for Certified Copy of lost Sale Deed?
All of us deal with different types of documents on a regular basis. These documents can be your PAN card, Aadhar Card, Passport, Academic Certificates, Investment Documents (share certificates, Bonds etc), ‘Property Documents’ like Sale Deed, Mutation/Khatha Continue Reading.....
Pradhan Mantri Awas Yojana (PMAY – Urban) : ‘Housing for All’ Govt Scheme – Details, Features & Eligibility Rules
'Roti, Kapda aur Makan' ( food, clothes and shelter) are basic requirements for an individual to survive. It is a known fact that most of us would like to own a home. Owning a home is one of the cherished dreams for many of us.But due to high land prices and high Continue Reading.....
All you need to know about Property Encumbrance Certificate (EC)
Buying a property (home/plot/land) is one of the most important decisions that you will ever make. Buying a property involves a lot of money and it is a serious money decision. It is an emotional one too!Whether you are a first-time property buyer or an experienced Continue Reading.....
5 ways of transferring your Immovable (or) Real Estate Property
Real Estate Property is one of the most sort-after investment options in India. You can acquire immovable property in many ways and there can be many situations when you wish to transfer your ownership in a property to your beloved ones.The most widely used means of Continue Reading.....
Agricultural Income & Sale of Agricultural land : Tax Treatment, Computation & Implications
Agriculture is the main occupation in India. Two-third of India’s population is dependent on agriculture either directly or indirectly. Agricultural income is exempt under the Income Tax Act. But, is this provision holds good even if you have other sources of income? Continue Reading.....
What is Mutation of Property? How to apply for Mutation of Property?
Buying a property (home/plot/land) is one of the most important decisions that you will ever make. Buying a property involves a lot of money and it is a serious money decision.When buying a property, due diligence is essential and you have to verify a lot of Continue Reading.....
Occupancy Certificate, Possession Certificate & Completion Certificate – Meaning & Importance
Do you own a Flat in an Apartment / high rise building? (Or) Have you booked a Flat which is under Construction? Then you need to know the importance of documents like Completion Certificate (CC) and Occupancy Certificate (OC). Occupancy Certificate is also known as Continue Reading.....
