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CommonFloor Editorial Team

Will

Property inheritance- Nominee vs. Legal heir

According to the Hindu Succession Act, 1956, the property of a deceased is distributed equally among sons, daughters, the wife and the mother. The Hindu Adoption and Maintenance Act, 1956 governs the adoption of children and the maintenance allowance to the wife. Who is a Nominee? As per the law, a nominee of a immovable […]

CommonFloor Editorial Team

Buy property

It is the right time to buy properties!

For all buyers who are looking for property prices to decrease even further, this is the right time for you to grab your dream homes. You should not keep postponing finalising a property any more as the huge discounts and attractive offers being offered may not stay for a long time. Owing to market slowdown, […]

CommonFloor Editorial Team

UP govt agencies to fund Lucknow Metro rail Phase I

The work on the much-awaited Metro rail in Lucknow is planned to be commenced next month. The funds for the project will be provided by three Uttar Pradesh government agencies- UP Awas Vikas Parishad (AVP), Lucknow Development Authority (LDA) and Uttar Pradesh State Industrial Development Corporation (UPSIDC). About the project The Metro rail project for […]

CommonFloor Editorial Team

Delhi loses over 2000 cr for real estate frauds in 2012

Delhi has been witnessing an immense rise in crime rate in the recent times. It has also been observed that along with the number of crime rates, property fraud cases have also been on the rise in the city. According to the National Crime Records Bureau (NCRB) data, in 2012 alone, the nation’s capital has […]

CommonFloor Editorial Team

Delhi’s old colonies to be redeveloped

It seems that the only way to make space for real estate in Delhi, which is currently congested due to less availability of land, is vertical growth. Since the availability of developable land is too less, redeveloping the old areas is the best possible way to unlock more real estate in the city. Many of […]

CommonFloor Editorial Team

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