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sale of leasehold properties

How will the new government policy impact real estate market in Delhi?

In a major announcement this month, the Delhi government lifted all bans and restrictions imposed by the Revenue Department in 2011 on the sale of leasehold properties. These restrictions were imposed as there were many reports of commercial activities being carried out in leasehold properties in some colonies in the national capital. As a result […]

checklist

Documentation for transfer of Immovable Property

In India, transfer of Immovable Property is covered under the Transfer of Property Act, 1882. Transfer of property, especially if it is inherited property, is a long-drawn process involving considerable documentation and legal paperwork. The property in question becomes disputable if the relevant property documents are not in place for the transfer to take place […]

ranjan.j

Registration of Property is Compulsory

Registration of the property is a full and final agreement signed between two parties. Once a property is registered, it means that the property buyer in whose favor the property is registered is the lawful owner of the premises and is fully responsible for it in all respects. The law does not recognize unregistered owners […]

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