Real Estate Legal Guide

Responsible usage of space can help maintain sustainable growth in a heavily populated metro city like Chennai. The Tamil Nadu government is constantly modifying the regulations to ensure better planning. For example, the revised regulations in Chennai fixed the maximum permissible FSI an

An indemnity bond serves as security, guaranteeing compensation in the event of a personal loss or default on a loan payment. It protects the bondholder and ensures the fulfilment of contractual obligations. If the principal fails to meet the agreement, they must settle the bonded amount,

Thane Property Tax is the Thane municipal corporation tax paid by property owners in place of the civic maintenance of the area. The Thane Mahanagar Palika collects the property tax in Thane twice a year, once by April 1st and then the second round of collection is completed by October 1s

Floor Space Index or FSI in Mumbai refers to the ratio between the complete built-up area of a plot and the available plot area. The guidelines for FSI for residential building in Mumbai are determined by the government of the region and follows the National Building Code for the ent

The Andhra Pradesh RERA or AP RERA is the Real Estate Regulatory Authority of Andhra Pradesh. The primary objective of AP RERA is to boost real estate investments in the state of Andhra Pradesh and protect the rights of homebuyers. Let’s take a look at how this regulatory body operates in

While buying any property, the circle rates of the area is an important factor in determining the property’s price. In Gurgaon, the circle rate is calculated based on the demand for properties in an area. The circle rates Gurgaon has been revised recently on January 10, 2024, and with thi

A gift deed is a legalised document that allows you to transfer property ownership without paying any money. The person who transfers ownership is known as a “Donor,” while the person who receives ownership is known as a “Donee.” A gift deed can only be legitimate if it has been officiall

The Maharashtra Housing and Area Development Authority is also known as MHADA. Responsible for conducting housing lotteries in the state of Maharashtra, the MHADA board has successfully conducted the disbursement of over thousands of flats for the lower and middle-income groups of the soc