Stamp duty charges vary from state to state. … Register the property in the name of a female family member, if the rebate is allowed in the state, .
If you go by what real estate developers, housing finance companies and property agents say, this is the best time to invest in property.
Carpet area is the area that can actually be covered by a carpet, or the area of the apartment excluding the thickness of inner walls. Carpet area does not include the space covered by common areas such as lobby, lift, stairs, play area, etc. Carpet area is the actual area you get for use in a housing unit .
Once the banks or the housing finance companies approve your home loan you have to provide banks with a security against your home loan. Generally, the first mortgage of the property that is the title deed has to be provided to the bank as security against the loan.
A power of attorney or letter of attorney is a written authorization to represent or act on another’s behalf in private affairs, business, or some other legal matter. The person authorizing the other to act is the principal, grantor, or donor.
If you are an NRI who has invested in property in India for rental income, know the … a year under section 80C of the Income Tax Act. This amount can be deducted from … Here’s How NRIs Can Repatriate Funds Outside India.
Buying an independent land/floor means sovereign choice to build a Choice of locality in new schemes is offered but floor choice or allotment in a particular Sector/Pkt is not allowed as the allotment of the specific flat is made through computerized draw.
A sale deed is in United States real property law, a deed “conveying real property without covenants”. This is a deed “for which the grantor implies to have or have had an interest in the property but offers no warranties of title to the grantee.
A lease is essentially a contract between two parties, the landlord (or … is that equity will enforce a contract for the creation or disposition of an interest in land if it
An EMI or Equated Monthly Installment is defined by Investopedia as “A fixed payment amount made by a borrower to a lender at a specified date each calendar month.
Keep the loan period constant and calculate the total amount paid for the home through the different loan options available. Like India bull DHFL etc.
A NRI is a person resident outside India who is either a citizen of India or a person of Indian origin. A NRI is an Indian Citizen who has migrated to another Country. For all official purpose the Government of India considers Indian National away from India for more than 182 days, in a year.
i) held an Indian Passport at any time, or
ii) who or whose father or paternal grand father was a citizen of India by virtue of the Constitution of India or the Citizenship Act, 1955.
There is no restrictions on the numbers of Residential/Commercial Properties (other than agricultural land/farm house/plantation) that can be purchased.