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 good Real estate bill has been long impending. The need for […]
Topics - Real Estate
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 an ‘Ancestral Property’. What is the difference […]
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 Certificate etc., Losing or mis-placing any of these documents can have both monetary as well as non-monetary affect. Mis-placing […]
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 cost of construction, an average […]
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 owner, buying a real estate property in India is not an easy task. […]
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? Let’s discuss.. In this post let us understand – What is an Agricultural Land? What is considered as Agricultural […]
