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07 June 2017 at 10:30

Implications of Ready Reckoner - A monster !!

  POSTED BY Kamal R. Bulchandani

IMPLICATIONS OF READY RECKONER � A MONSTERanalysed by K.R. Bulchandani, Advocate & Solicitor. M/s Kamal & Co., Mumbai. Many a levies in the State of Maharashtra are based on the rates set out in the Ready Reckoner. Before com

  0 comments |   109 Views


19 May 2017 at 15:38

The Real Deal? (RERA Examined)

  POSTED BY Anindya Majumdar

The Real Deal?The winds of change are blowing in the real estate sector. Earlier times required the buyer, flat owner to wait for ages for his home to be constructed, had to shell out hidden costs and could never muster up the temerity to ask the bui

  6 comments |   486 Views


06 May 2017 at 10:34

Forming of Opinion of Title

  POSTED BY Sri Vijayan.A

How to form opinion?The techniques and reasons for scrutiny are explained in previous artilce and based on which genuineness of the deed can be found, then the proplawyer has to discuss probable challenges, disputes, etc and then form a opinion on fl

  4 comments |   228 Views


05 May 2017 at 10:36

Scrutiny of Title Deeds

  POSTED BY Sri Vijayan.A

Scrutiny of deeds Name of deedThere are various deeds available whereby an immovable property could be transferred. One may think what is significance in verifying the name of the deed that is being scrutinized.There are possibilities of errors in m

  2 comments |   257 Views


03 May 2017 at 12:46

Witness - Its Importance

  POSTED BY Sri Vijayan.A

Witness The proplawyer shall have good knowledge about witness, their role during execution of document, importance of witnesses.Attesting WitnessThe person who signed as witness on the last page of the document is known as attesting witness who cert

  0 comments |   93 Views


03 May 2017 at 12:46

Non-availability of documents - What to do?

  POSTED BY Sri Vijayan.A

Non availability of certain documentsGenerally speaking, non availability of title deeds or misplacement or missing of property title documents is a serious matter of concern. The reason for the missing or non availability is to be identified and may

  5 comments |   131 Views


03 May 2017 at 12:46

Partition and Release of Property

  POSTED BY Sri Vijayan.A

Partition Usually, joint properties are partitioned between the joint owners which amount to severance of the joint interest in the ownership of the common property. In order to avoid any quarrels between the family members or to maintain the harmony

  0 comments |   100 Views


03 May 2017 at 12:45

Settlement of Property

  POSTED BY Sri Vijayan.A

Settlement is a kind of transfer of property, predominantly immovable, by its owner. In other words, a settlement is a disposition of property or properties, movable or immovable, as per the wish of the owner of the property.

  0 comments |   78 Views


02 May 2017 at 12:23

Will

  POSTED BY Sri Vijayan.A

Will is an important document which enables a person to leave his/ her property after his death to reach the desired hands as per his/ her wish and particularly not to wrong hands.

  0 comments |   142 Views


02 May 2017 at 12:23

Land Reforms and Administration

  POSTED BY Sri Vijayan.A

Land reforms aimed at re-distributing of ownership of lands and optimum utilization of land. It also dealt the rights, duties, obligations of the land holder.Lord Cornwallis is considered as one who regulated the Zamindari system

  0 comments |   89 Views


09 March 2017 at 10:58

Government proposes to abolish stamp duty on affordable homes soon

  POSTED BY Rohan Mahajan

Affordable houses may soon be exempted from stamp duty, which varies between 4% and 8% of the transaction value.The Ministry of Urban Development and Housing has made an effort to convince the state government for excluding the stamp duty levied on a

  3 comments |   523 Views


27 February 2017 at 13:38

Industry/Allottee has no right to be impleaded as a party in the compensation matter

  POSTED BY Kumar Doab

Industry/Allotee cannot be participant in a legal dispute if the landowner moves court seeking enhancement of compensation for the property.

  0 comments |   38 Views


02 February 2017 at 15:06

Tri partite agreement and enforcement of security aspects

  POSTED BY shakir sheikh

'Tri-Party Agreement'& Enforcement of security aspect'Tri-Party Agreement'- A tri-party agreement is a business agreement between three separate parties.In mortgage industry, a contract involving the buyer, the primary lender plus

  0 comments |   173 Views


23 December 2016 at 10:55

The Real Estate Act is a game changer - 6 things to know about it

  POSTED BY RSJ LexComply

FEELING TRAPPED?6 ways in which the Real Estate Act will protect you.

  2 comments |   443 Views


22 December 2016 at 17:59

Benami Transactions (Prohibition) Amendment Act, 2016

  POSTED BY Nikita Aggarwal

16 Literally, Benami means �without name�. The Benami transactions are those transactions in which the real beneficiary is not the person in whose name the transaction {particularly purch

  0 comments |   572 Views


30 November 2016 at 11:25

The Benami transactions (prohibition) amendment act - Nutshell

  POSTED BY Raja Mani.K

Object:(1). To define benami transaction(2). To establish adjudicating authorities and an Appellate Tribunal to deal with benami transactions, and(3). To specify the penalty fo

  6 comments |   782 Views


12 October 2016 at 13:31

No Sale by Owner, Clouded Title

  POSTED BY Kapil Chandna

A large number of cases are coming forward wherein a document is registered on the basis of the notarized Power of Attorney. The idea behind transactions on the basis of the notarized power of attorney is to avoid the stamp duty, which later on becom

  2 comments |   636 Views


15 September 2016 at 15:04

Am I a prudent buyer?

  POSTED BY Kapil Chandna

With the rise in the price of the property or getting a good price of the property, the unscrupulous sellers are selling their property to the multiple buyers. The common practice prevailing these days is that the seller enters into an agreement to s

  7 comments |   385 Views


26 August 2016 at 11:56

For acquiring land by Government Authorities they have to acquire land within a reasonable time

  POSTED BY Dr Gubbi

For acquiring land by Government Authorities like, MUDA, BDA, or similar authorities, they have to acquire land within a reasonable time from the date of issue of notification. Otherwise, such notifications can be quashed and declaratory relief can b

  2 comments |   506 Views


30 June 2016 at 11:02

All that you would like to know about the RDDP 2034

  POSTED BY R B Singhvi

All that you would like to know about the Proposed Greater Mumbai Revised Draft Development Plan 2034 (RDDP 2034) The Revised Draft Development Plan 2034 (RDDP) is an OLD WINE IN A NEW BOTTLE with some added flavors and blends. The Revised DP 2034 is

  0 comments |   1374 Views










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