The cultural and political capital of India is Delhi, whereas the commercial and financial hub is Mumbai. Both are India’s two most populous cities, that are comparable in certain aspects but vastly diverse in terms of language, cuisine, tradition, and environment. Although both provide distinct experiences, both are fantastic places to visit if you want to learn more about India.… Read more
PropertyPistol Insight Team
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What is Better–Real Estate or Cryptocurrency?
Two well-known funding choices, real estate, and cryptocurrencies are making ripples in today’s market. It may be difficult to determine which is the better funding option for you in comparison to those possibilities. Both offer benefits and, like all investments, including risk.… Read more
Global Housing Technology Challenge
Prime Minister Narendra Modi will lay the foundation stone for Light House Projects (LHPs) across six states as part of the Global Housing Technology Challenge-India (GHTC-India).… Read more
All about the SARFAESI Act
Tags: Real Estate
The SARFAESI Act was passed on December 17, 2002, to lay out procedures to enable Indian creditors to recover their debts swiftly. The SARFAESI Act allows banks and other financial institutions to immediately sell residential or commercial properties that have been pledged with them to get better loans from borrowers. Before the passage of this Act, businesses had to resort to civil suits in the courts to recover their debts, which was a lengthy and time-consuming procedure.… Read more
Difference Between Sale Settlement & Agreement of Sale
Tags: Real Estate
When buying or selling immovable property, it’s critical to protect your investment with a legal agreement. However, the type of settlement that is reached may also differ depending on how the events are resolved. In general, there are two types of contracts: the settlement of sale, in which the transfer of property is guaranteed at a future date, and the sale deed, which contains an immediate transfer of property rights. As a result, the covenant is created based on the nature of the customer-vendor relationship.… Read more
All About HUF
Tags: LegalReal Estate
Hindu Undivided Family (HUF). You can reduce taxes by expanding your family unit and combining assets to form a HUF. HUF collects taxes from its donors one by one. A HUF can be formed by a Hindu family’s circle of relatives. HUFs can also be formed by Buddhists, Jains, and Sikhs. HUF has its PAN and keeps track of its contributors’ tax filings.… Read more
Chota Nagpur Tenancy – CNT Act
Tags: Real Estate
The Chota Nagpur Tenancy -CNT Act, 1908, is a land rights statute that was enacted with the help of the British to protect the land rights of Jharkhand’s tribal population. The CNT Act is notable for prohibiting the transfer of land to non-tribals to ensure network ownership. Within the CNT Act’s authority are the divisions of North Chota Nagpur, South Chota Nagpur, and Palamau.… Read more
