Real Estate investment has always been a lucrative option. It attracts a lot of investors for building on wealth as it promises good returns. Real estate covers housing, retail, hospitality and commercial sector.The decision to invest in real estate requires a careful analysis of the economic conditions investment policies availability of funds People invest in real […]
Budget time in India is usually one of anxiety and anticipation – both for residents and NRIs. This year’s budget addresses some taxation issues related to the Non-Resident Indians.An NRI is liable to be taxed for income which he has earned/accrued to him in India. He is not taxed for his global income. For payment […]
A resident Indian buyer has to comply with a particular set of TDS rules when he is buying property from NRI. The rules are prescribed as per the Indian Income Tax Law. It is advised to take the assistance of an expert in calculation and filing of TDS return to avoid legal hassles. It would be easier to […]
There has always been a huge amount of skepticism around the landlord-tenant equation in our country. Legally, the landlord-tenant relationship is governed by Rent laws which differ from State to State. In case of any problem, the law permits eviction of the tenant on specific grounds-illegal measures to evict the tenant should be avoided. In reality, it […]
The first question in the minds of any potential property investor is mostly regarding the safety of such an investment. The answer, though not difficult, does involve an analysis of the economy and exercise of due diligence in the area of investment. The relief factor, however, is that there are competent Professionals and Law firms who assist […]
Legal Due Diligence means taking all precautions to safeguard ones’ interest in a particular transaction. The transaction can be the sale of a property, buying a property, signing a contract etc. Its purpose is: To identify the risks involved To minimize those risks The essence is to know the fact which one ought to know. It is […]
Sale of property means transferring the title in the property for a sale consideration. The seller transfers the ownership rights in the property to the buyer. A sale deed is the primary legal document which evidences the sale of a property. The sale transaction is complete when the sale deed is executed and registered as per […]
Transfer of immovable property results in the conveyance of property rights, i.e. title, rights, interest in the property by one person to another. The property can be transferred by the person having rights to do so. Generally, it is the owner of the property or the person authorized to do so. Any document showing the ownership of the […]
What can be better for an NRI than having a hand in the growth and prosperity of his motherland? Perhaps nothing is better than it. It motivates NRIs to invest in India.NRIs buy property in India as It helps them to stay connected to their roots It is an investment opportunity Investment decisions are generally guided […]