Legal

Articles and Resources about Legal

Home Loan Protection Plan to Protect Your Home Loan

Wednesday, April 25th, 2012

With the upsurge of the real estate sector and the purchase of properties in India, seeking a home loan has become a clichéd aspect. Your home loan comprises of one of the most imperative assets in your life, i.e. your home. You might have insured most of your assets like your property, automobiles, gadgets and [...]

Things to Know Before Buying a Property

Tuesday, April 24th, 2012

Every one of us desires to own a property and be independent. Buying a property in India  has an emotional and a financial aspect and an important phase in everyone’s life. Before you buy a property, you should be aware of all the legal documents and issues concerning the property buying. This will keep you away from legal [...]

Tips to Acquire Home Loans in India for Affordable Housing

Wednesday, April 18th, 2012

If you’re seeking for a home loan to buy a property in India, you need to know the basic principles of the home loan offering and their fluctuating rates. Before acquiring a home loan, you need to consider factors like which type of loan you should go for? Which scheme will fit in your budget? [...]

Evicting a Tenant

Wednesday, April 11th, 2012

Evicting a tenant and getting back your property’s possession seems to be quite a cumbersome process in some cases but is quite simple if the Buildings Lease and Rent Control Act of the local authority are followed properly. If you have to evict a tenant, you must follow proper eviction and following are some tips [...]

Guide to pay 2012-13 BBMP Property Tax Online

Friday, April 6th, 2012

BBMP Bangalore has started accepting property tax for property in Bangalore . BBMP (Bruhat Bengaluru Mahanagara Palike) is all set to collect the property tax from the property holders. The property owners who make their payments in full for year 2012-13, before April 30, 2012 can avail up to 5% rebate. Solid Waste Management Cess [...]

Choosing a Home Near Your Workplace

Tuesday, April 3rd, 2012

The bustling streets, raucous sirens followed by a crammed traffic jam leads to a circadian chaos to every individual. Today, India is one of the most populated and vast countries. To earn bread, a person has to work hard day and night. As the urbanization increases so the travelling distances. Choosing a home near workplace [...]

Union Budget 2012 Impact on Real Estate in India

Wednesday, March 28th, 2012

The much awaited budget of 2012-13 which was recently presented by the Honorable Finance Minister had no drastic changes for the Real Estate sector as compared to the previous year’s budget. As expected, the personal income tax slab has been hiked and 1% interest subvention scheme continues for an affordable housing in India. According to [...]

RBI Strategies for Recovery Agents

Monday, March 26th, 2012

To curb the harassment faced by many bank customers, the RBI on Banking Ombudsman (BO) has implied various rules to be followed by the recovery agents. Bank customers are solely a target of harassment and compulsions on various pretexts. Various banks and financial institutions hire recovery agents legally and illegally to recover the debts from [...]

Pay Your Property Tax by April 30 and Get 5 Per Cent Rebate

Wednesday, April 14th, 2010

Bruhat Bangalore Mahanagara Palike (BBMP) started collecting property tax for the new financial year 2010-11. You can pay your property tax either in full payment or in two equal installments. The property tax amounting less than Rs. 1,000 can be paid in cash while the amount exceeding Rs. 1,000 has to be paid via Cheque [...]

Formation of Apartment Owners Association in Hyderabad

Saturday, March 6th, 2010

Hyderabad is the most populous city of the South Indian state of Andhra Pradesh. The city is regarded as a blend of traditionality with modernity.The city is administered by a nagar nigam called Greater Hyderabad Municipal Corporation (GHMC). The apartment owners in India can voluntarily form an apartment owners association for the maintenance of apartment [...]