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Power of attorney

Leasehold to freehold property conversion

DDA Property Conversion: Freehold To Leasehold Online Process

Earlier, the conversion of properties from leasehold to freehold was a slow and tiresome process and the public was facing many problems, especially due to the need for a large number of documents, traditional manual payment mechanisms, and non-harmonization of payment statements. DDA has simplified the process of conversion by reducing the required documents, facilitating […]

Prahalad Singh

VAT

Basic regulations, tax implications involved in real estate transactions – Part II

Value Added Tax (VAT) The Value Added Tax (VAT) is a type of indirect tax and is one of the major sources of revenue to the state. The VAT system of taxation was adopted by most of the states in India in the year 2005 by replacing the General Sales Tax Laws with New Value […]

Basic regulations, tax implications involved in real estate transactions – Part I

First time home buyers are mostly unaware of many regulations and processes involved in a real estate transaction. Here is a simple guide to know the basic real estate regulations and tax implications, which are crucial elements for a prospective buyer. Transfer of property ‘Transfer of Property Act’ makes it mandatory for the registration of […]

Documents you need while purchasing a property

Documentation is an essential part of a property acquisition process. However, it may well turn out to be a complicated one. Different states in India have different requirements. There are many laws that govern the purchase of properties. There are various types of properties that you would want to buy and you’ll require certain documents […]

Checklist for NRI real estate buyers and investors

Non resident Indians (NRIs) find real estate one of the most preferable options for investment in India. Indian real estate has expanded by leaps and bounds in the last decade and investing in realty is certain to bring in good returns for the expat investors. However, there are flip-sided risks associated with real estate investments […]

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