5 points to ponder if you’re giving your property on rent. 1. CREDENTIALS – Check the credentials of the person you are renting out your property to: check the I cards, bank statements, previous history, etc. 2. REGISTRATION – Make sure proper registration has been done and stamp duty duly paid. In the event of rent agreement, […]

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FEELING TRAPPED? 6 ways in which the Real Estate Act will protect you.   The Real Estate Act comes into force in 2016 and makes several provisions for the protection of buyers : Mandatory to register with the Real Estate Regulatory Authority (RERA): All commercial and residential real estate projects with over 500 square meters […]

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Earlier the benami transactions are defined as a “transaction where a property is held by or transferred to a person, but has been provided for or paid by another person”. This Act has amended this definition by to add other transactions which qualify as benami, such as property transactions or arrangement where: where a property […]

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  Real Estate (Regulation and Development) Act, 2016 The Real Estate (Regulation and Development) Act, 2016 came into force on May 01, 2016. Union Ministry of Housing and Urban Poverty Alleviation (HUPA) notified 69 of the total 92 sections of the Act to bring it into force from 1 May 2016. This culminates the eight year long efforts […]

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