Bangalore Property market has always withstood the test of time. In this post I am presenting a brief review on the Bangalore Property market’s performed over the last few months. Key points: Bangalore property market remained steady over the last six months. Mid segment properties ( Rs 40-70 Lakhs) have done well in the South, […]
Real Estate
Khatha Registration & Khatha Transfer in Bangalore
What is Khatha? Khatha literally means, account. It is a document that shows a property owner having an account with the Municipality or any civic authority (BBMP -Bruhat Bangalore Mahanagara Palike) for paying taxes. The details of a it include the property owner’s name, size/measurement of property, location,built-up area, vacant or occupied etc., and is […]
Reverse Mortgage (Home Loan)
What is it? A reverse mortgage (or lifetime mortgage) is a loan available to senior citizens. Reverse mortgage, as its name suggests, is exactly opposite of a typical mortgage, such as a home loan. How does it work? In a typical mortgage, you borrow money in lump sum right at the beginning and then pay […]
Options for adding Spouse’s name as co-owner of the Property
Adding another owner (as co-owner) to your property can be done through.. Sale Deed : You can include your Spouse’s name in the new sale deed mentioning the ratio or portion of the ownership and get it registered. The stamp duty is typically in the range of 5-12.5% of the market value of the property […]