Property Owner
Legal Metrology Dept to the rescue of aggrieved Property owners
The Legal Metrology department (LMD) has, for the first time, drafted rules to regulate the construction industry; thereby, it was hopeful of protecting the interests of property buyers from errant builders. The proposed Maharashtra Legal Metrology Rules, 2015, prepared by the LMD has been forwarded to the State and Central governments for approval. The department […]
Freehold vs Leasehold
It is imperative for aspirant property buyers to familiarize themselves with the numerous aspects related to ownership of property, before they start searching for a property to purchase. Essentially, there are two basic types of ownership, leasehold and freehold. As per Sumit Jain, CEO of a real-estate portal CommonFloor.com, “A property is neither freehold nor […]
