Property management is crucial for NRI (Non-Resident Indians) for several reasons:
Maintenance and upkeep: As an NRI, you may not be able to visit your property frequently, making it difficult to oversee its maintenance and upkeep. A property management company can take care of the regular maintenance and repair work to ensure that the property remains in good condition.
The property market in Delhi NCR was showing signs of recovery after being impacted by the COVID-19 pandemic.
The Delhi NCR (National Capital Region) includes areas such as Delhi, Noida, Greater Noida, Ghaziabad, Gurgaon, and Faridabad. In recent years, the property market in Delhi NCR has witnessed a surge in demand for affordable housing, especially in the outskirts of the city.
Even though it can seem straightforward, choosing a decent colour scheme can have a significant impact on the success of an interior design. Colors that are warm, chilly, or subdued all affect mood in different ways. There are many benefits to choosing a decent colour scheme, but let’s focus on some of the more important ones.
According to Section 17 of the Registration Act of 1908, it is mandatory to register the transfer of property in India. The registration and transfer of real estate in India is governed by this Act. Because the person in whose name the property is registered is the rightful and legal owner of the property, registration is required. Several factors come into play when registering a property. The registration is subject to stamp duty. Since each state has its own registration laws, the registration procedure is determined by the state in which the property is situated.
Have you finally purchased the house you’ve been looking at? Although this is an exciting moment for you, purchasing a home may also be very stressful. especially after you consider the extensive documentation required!
One of the first steps after property buying involves property registration.
It is difficult for a non-resident to manage Indian property from a foreign country. The procedure itself might be difficult and time-consuming. In order to protect the NRIs’ properties in India, it is also advisable to take proactive measures, such as hiring an in-country caretaker to look after the property while the NRIs are away and getting legal counsel. It might not be viable for NRIs to frequently travel to India from their home country if there are any property problems. Also, it will be costly and impractical to proceed with the journey expenses.
One of the most common legal disputes in India is property disputes. Property disputes related to property case law, property ownership, sale and purchase of property, and other similar concerns. In India, it is not uncommon for members of the same family, particularly brothers, to argue about ownership of property. Courts are where the majority of legal battles involving property end up since there is a lack of education on other dispute resolution methods. Property disputes are frequently drawn out due to a lack of appropriate title papers as well as judicial delays. In the following paragraphs, we will discuss the many different facets of property conflicts that occur in India. Read more..
Real estate ownership has always been a sign of prestige, wealth, and authority. It was the safest method of protecting one’s riches, along with gold. Many new investment choices emerged as we entered the modern era. Investors had a variety of choices for parking their money, including stocks, bonds, fixed deposits, mutual funds, digital currency, and crypto currency. However, out of all of these, real estate continues to be one of the safest and most advantageous routes for a long-term, successful type of investment.
Can you think of a moment where you did a little clapping on your back for grasping an opportunity at the very first sight of it? Your interest in reading this post is likely related to how you feel when you are purchasing real estate.
An essential step in buying a home is registering the property. The registration process is arguably the most challenging of the stages required in buying a home. Any transaction you undertake toward buying an immovable property must be registered under Section 17 of the Registrations Act of 1908 if the property is valued at more than $100.