Real Estate Legal Guide

A sizable municipal corporation called Navi Mumbai is located outside Mumbai, which serves as the nation's financial hub. If you own land in Navi Mumbai, you must pay NMMC property tax. Like all other districts in India, property taxes vary depending on the type of property in the NMMC. Y

Stamp duty is a tax that must be paid on real estate transactions. It validates the property record kept by the state government. Section 3 of the Indian Postal Law of 1909 states a stamp duty is due. The cost of the stamp duty varies depending on the state and location of the property. T

In India, renting a home could appear like a two-way procedure. Picking out a rental unit is the first step. Moving in and negotiating the rent are the next two steps. The signing of the rental contract is the subject of the third and final phase. If this agreement is not properly perform

Before even talking about non-performing assets, it must be made clear that traditionally anything that can be sold in exchange for cash is considered an asset. In a 2007 circular about non-performing assets, RBI said that "An asset becomes non-performing when it ceases t

To keep the process calm, those entering the world of property purchase should expand their vocabulary before entering this uncharted territory. Various names are given to documents that prove the buyer's ownership of a specific immovable property. It is also known as the title de

If you are in the real estate sector, then the term non-encumbrance certificate should not be unfamiliar. If you are looking to invest in property or wish to avail of a home loan, you will need to furnish your lending institution with this certificate. The non-encumbrance

Over the past 10 to 15 years, the real estate sector in India has dramatically changed. Earlier, India was not mainly known for residential and commercial spaces as tall as the ones you might see in New York, Shanghai or London. But, with better technology in construction, tall sky-scrape

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