Real Estate Forum on Legal in Nagpur

Latest Answer: Yes, you are right Abhishek. Builder is trying to cheat him. A subvention scheme in which the homebuyer pays 10-20% of the price of the apartment at the time of purchase. The balance is paid by a bank to the developer as a loan under a three-way agreement between the developer, the buyer and the bank. While the project is under construction, the developer pays the interest on the loan to the bank. The bank disburses money to the developer as construction progresses. The buyer's EMIs begin only after he gets possession. So, i will only suggest you that plz. don't pay any interest to bank or the builder.

Latest Answer: I have purchase plot in 2011, is there any govt. taxes applicable till today's date, if yes is there any provision to pay it online.

Latest Answer: Apart from that there are certain essentials that make the selection process an easy and productive one. 1) The age of the property should ideally range between 1-5 years to a maximum of 10 years. 2) Know about the reputation of the builder and the quality factor associated with his past developments. 3) Understanding the reason behind the sale will help in uncovering the problems and issues with the property, if any. 4) Considering the surround environment, proximity to important areas and amenities available in the vicinity also affects the final decision of purchasing a resale flat.

Latest Answer: What is the reason that the construction work has been stopped for past 1 year? Please update me.

Latest Answer: A person is allowed to run a professional office in one/more of the rooms of his residential flat. Profession by definition is Doctor, Architect, Lawyer or CA. At times even artists are allowed to perform their services such as photoshoots. Even engineers are allowed to offer their services. Software Consultancy Business is a tricky thing as it is part of services and hence stands on a thin line between sale of goods and services. It depends on the memorandum of understanding of your apartments. If voting takes place in your apartment you can take a vote on this and make an official complaint to the nearest police station and to Municipal Corporation as an apartment. Even being a member of an apartment you can lodge a complaint in your personal capacity. But when the case stands in court, courts will go by the merit of case. Its not an easy case to fight though.