Property Tax vs. Real Estate Tax Demystified!

Property tax is a tax levied on the value of real property, including land and buildings. It is typically assessed by local governments and is based on the property’s assessed value, which is typically a percentage of the market value. Property tax is an important source of revenue for local governments, as it helps them […]

Decoding Property Exchange: A Comprehensive Guide!

Property exchange, also known as property swap, is a transaction where two parties mutually agree to exchange their respective properties. Unlike a regular sale transaction, where the seller receives cash and the buyer obtains the property, in a property exchange, each party simply transfers ownership of their respective properties to the other party. This arrangement […]

What is NRI’s Impact on Indian Real Estate?

As non-resident Indians (NRIs) continue to put money into the Indian property market with an increasing focus on long-term investment, it is expected that they will account for 20% of the country’s real estate sector investment by 2025, as per a report by NoBroker, one of India’s leading proptech unicorns. In the last 12 months, […]

Unraveling the Deed of Reconveyance in India: Significance and Meaning!

In the intricate realm of real estate transactions, certain legal documents play a pivotal role in defining property ownership and financial obligations. One such document that holds significant importance, especially in the context of mortgages, is the Deed of Reconveyance.

Navigating Distressed Properties in India!

Investing in real estate has always been a significant aspect of wealth creation, and for some, the allure of distressed properties presents a unique opportunity. Distressed properties, often the result of financial hardship or legal issues faced by the owners, can be acquired at a lower cost, providing potential investors with an avenue for substantial […]

Demystifying E-auction of Properties in India: A Comprehensive Guide!

The Indian real estate market is witnessing a paradigm shift with the increasing adoption of technology, particularly in the realm of property auctions. E-auctions, which have transformed the way properties are bought and sold, offer a transparent, efficient, and convenient platform for both buyers and sellers.

Circle Rates and Homebuying: What You Need to Know?

A circle rate, also known as the guidance value or jantri rate, is the minimum value of a property as determined by the state government. It serves as a benchmark for calculating stamp duty and registration charges, which are taxes levied on property transactions.

Oberoi Realty Unveils Forestville: A Landmark Luxury Residential Project in Kolshet, Thane!

Oberoi Realty, a leading real estate developer in India, announced the launch of Forestville by Oberoi Realty, a luxury residential project in Kolshet, Thane on November 20, 2023. Spread across 18 acres, Forestville will consist of five residential towers, with the first phase comprising three towers.

Empowering Women: Understanding the Property Rights of a Walida!

In a world increasingly focused on gender equality, understanding the property rights of women is crucial for achieving a just and equitable society. In the context of inheritance and property ownership, the term “Walida” holds significant meaning in Islamic law. A Walida refers to a mother, and her property rights are outlined in Islamic jurisprudence. […]

The Role of a Murtahin in Home Buying!

Murtahin is an Arabic word meaning “mortgagee”. In India, it is commonly used in land and revenue records to refer to the mortgagee in a mortgage transaction. When a person takes a loan from a bank to buy a home, the bank becomes the mortgagee and the person taking the loan becomes the mortgagor. The […]

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