Is there any fixed amount of security amount?

The landlord cannot act arbitrarily. The security deposit cannot exceed two months’ rent.

How NRIs in the US and Canada have to pay tax on capital gains from Indian mutual funds

NRIs from USA/Canada facing compliance considerations, if they wish to invest in India, differ from those from other countries. There are many AMCs (Asset Management Companies) in India that allow USA and Canada NRIs to invest in mutual funds in an easy and hassle-free manner. Let’s understand the rules governing USA/Canada NRI investments in India.  […]

Family Property Partition for NRIs and OCIs in India

A family property partition is a process of dividing an existing estate into separate segments to show the proportionate interests of the owners. It is a way to divide a joint property among several people so that each person can get their share of the property and become the owner. According to the common law, […]

Property Disputes in India- Recurrent problems and their solutions

Nowadays, a significant problem facing the NRI community is property disputes related to their Indian properties. Many NRIs own property in India. Generally, NRIs own these properties by inheritance, joint ownership with their relatives, or, lastly, because they tend to invest in real estate in India to keep in touch with their roots in India.Although […]

All about an Encumbrance Certificate (EC), an Occupancy Certificate (OC) and a Completion Certificate (CC)

Summary An encumbrance certificate serves as proof of possession of the property. When applying for a home loan or obtaining a loan against a property, an encumbrance certificate is crucial. There are two types of ECs: Form 15 and Form 16 To obtain an Encumbrance Certificate, a person must determine the period for which […]

Rights of a Grandson to the Property of a Grandfather

Summary The rights of grandson in the property of a grandfather depend on the nature of the grandfather’s property – whether it is self-acquired or ancestral property. When a property is ancestral, the grandson has a similar right to his father on his grandfather’s property. The grandson has no birth right in self-acquired property […]

Is there any fixed amount of security amount?

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