RERA Act – 10 Key Feature you should know

RERA Act – 10 Key Feature you should know

RERA a most debated real estate regulatory bill is about to notified by the government. Full form of RERA is Real Estate Regulatory Authority. A prime objective of RERA is to address grievances of customer and to bring transparency and accountability in the real estate sector. The RERA Act shall be implemented in 15 states from 1st May 2017. So, if you are planning to invest in real estate or planning to purchase a house you should wait till this […]


10 point checklist before buying property

10 point checklist before buying property

Buying property is one of the biggest decision of a lifetime. However, growing property price, lack of money, refusal of home loan, the title of the property are few challenges that come across when you decide to purchase your dream home. In order to reduce the challenges and to help you in house hunting process here is 10 point checklist before buying property. This checklist will surely help you in saving time, money and energy. 10 Point checklist before buying […]


10 mistake to avoid while making Rent Agreement

10 mistake to avoid while making Rent Agreement

Renting an unused property is very good idea for generating an additional income. It is inevitable to make a rent agreement before giving property on rent. Rent agreement or lease agreement is a legal proof that proves that you have given property on lease to the tenant. You need to be extremely careful while making a rent agreement. However, it is generally seen that the task of making Rent agreement is outsourced to a property agent. Property agent does copy […]


How NRI can transfer money abroad from property sale?

How NRI can transfer money abroad from property sale?

NRI selling property in India can legally repatriate money abroad. However, it is generally seen that NRI transfer money obtained from property sell via private money transfer method or unauthorized channel. This may be due to lack of knowledge or ignorance. The private money transfer method used for transferring money earned from property sell is illegal. In this post, I will explain the rules applicable to the repatriation of a fund by NRI post property sale. How NRI can transfer […]


What is Benami Property? What is prohibition of benami property act?

What is Benami Property? What is prohibition of benami property act?

Benami Property is the popular word today. We keep on hearing this word very often but do we really know the meaning of Benami Property and implication of holding benami property. In this post, we will discuss what is benami property? What is prohibition of benami property act? How benami property act will eradicate black money? What is Benami Property? An actual meaning of benami is without any name. Benami Property means property purchased on the name of someone else. […]


Pradhan Mantri Awas Yojana PMAY – Subsidy Details – How to apply?

Pradhan Mantri Awas Yojana PMAY – Subsidy Details – How to apply?

One of the basic requirement of every human being is a house. However purchasing an own house in India is like a dream come true for many individuals.  In India, only high-income group and few middle-class people can afford to purchase a house. A lower income group has no option or very few option for the housing. To address this issue the government of India has taken a major step towards launching Pradhan Mantri Awas Yojana PMAY or housing for […]