In the realm of property transactions in India, legal instruments like relinquishment deeds and gift deeds play crucial roles. These documents facilitate the transfer of ownership rights from one party to another. However, it's essential to understand the distinctions between them to make informed decisions. In this blog post, we'll delve into the dissimilarities between relinquishment deeds and gift...
August 2023
In India, a relinquishment deed is a legal document that allows an individual to give up or release their share of ownership in a property, typically in favor of another co-owner or heir. However, circumstances may arise where one wishes to challenge or revoke a relinquishment deed. This blog post delves into the intricacies of whether and how a relinquishment deed can be challenged or revoked in...
In the realm of property and legal transactions, a relinquishment deed holds paramount importance. This legal document plays a crucial role in the transfer of ownership rights between parties involved. Whether you're a property owner or an heir, comprehending the nuances of a relinquishment deed is essential to navigate the complex landscape of property transfers smoothly. What is a Relinquishment...
In the realm of property transactions in India, a relinquishment deed holds significant importance. This legal document serves as a crucial instrument for transferring or releasing one's share in a property, often within a family context. In this blog post, we delve into the format, registration process, and the overarching importance of relinquishment deeds in India in the year 2023. Format of...
In the realm of real estate transactions, unforeseen circumstances can often disrupt the smooth progression of projects. To safeguard the interests of both developers and homebuyers, the Real Estate (Regulation and Development) Act, commonly known as RERA, incorporates a provision known as the "Force Majeure" clause. This article delves into the meaning of the Force Majeure clause, its incorporation in...
In the realm of Indian real estate, the term "Floor Area Ratio" (FAR) holds significant importance. FAR is a crucial urban planning and zoning regulation that dictates the extent of construction permissible on a piece of land. As a potential homebuyer, investor, or even someone interested in understanding the dynamics of real estate, grasping the concept of FAR is essential. In this blog post, we will...
In the realm of Indian real estate, comprehending the distinctions between various types of property measurements is crucial for both buyers and investors. Carpet Area, Built-up Area, and Super Built-up Area are terms frequently encountered, each carrying distinct implications for space allocation and pricing. In this article, we will delve into the differences between these terms, shedding light on their...
Rental yield, a crucial metric for real estate investors, has been a topic of concern in the Indian real estate market. Despite its booming population and growing urbanization, India experiences relatively low rental yields compared to other countries. In this blog post, we will delve into the key factors contributing to India's low rental yield and offer insights into the underlying reasons. Factors...
Are you a salaried individual who pays rent for accommodation? If yes, then you might be eligible to claim House Rent Allowance (HRA) as a tax benefit under Section 10(13A) of the Income Tax Act in India. This provision allows you to reduce your taxable income by a portion of the rent you pay, ultimately lowering your tax liability. In this blog post, we'll provide you with a step-by-step guide on how to...
In today's digital age, traditional administrative processes are being revamped to offer more convenience and efficiency. One such advancement in the domain of financial transactions is e-stamping, an online method for paying stamp duty. If you're in Telangana, India, and wondering how this system works, you've come to the right place. In this article, we'll delve into the intricacies of e-stamping and...