A document which conveys an authorization of a person empowering another to represent the former and to act on his behalf is called a Power Of Attorney (PoA), vide section 2(21) of the Power of Attorney Act 1822. The person who gives the power is called Principal and the person who is given the same … Read more
Investing in real estate is an elaborate affair, and quite an expensive one too. But you don’t have to be a crorepati in order to start building your real estate portfolio. There are a number of banks and financial investments that are ready to lend you the capital you need, so you can purchase your … Read more
There are some important precautions to be taken while planning to buy properties. Among them, the most important one is perhaps………Want to know that? Then read on……. Whether the proposed property is free from mortgage or not. Perhaps, that is the most important precaution to be taken while planning to buy a property. Mortgage being … Read more
Providing housing facilities to its people has been accepted as one of the priorities of Government of India. As such, the government have been encouraging all means to achieve this goal. Among various methods of raising resources for owning a house the most popular one is Housing Loan provided by banks and other housing finance … Read more
Investing in real estate is a very wise decision that will prove to be very profitable for you in the long run. But what kind of property should you choose to invest in – commercial or residential? A residential property is a place where someone will be living, and a commercial property is a place … Read more
A consultant is defined as “a person who provides expert advice professionally.” When it comes to real estate investments, too often we choose to consult our extended family, friends or colleagues. But they only have limited knowledge based on which they can advise us. If we are serious about making the right decisions regarding our investments, it … Read more
Are you planning to buy a property from legal heirs? If so, the following article may guide you: There are generally two situations in the case of buying property from legal heirs, which are mentioned below: Legal heirs as per the will of the deceased. Legal heirs of the person died without leaving a will. … Read more
Have you got the details of Tax Deducted at Source on the real estate transactions? If not, read on…… Government is well aware of the fact that TDS is a sure way of getting revenue to the government exchequer at the earliest occasion of a transaction. That is why after section 194-1 of Income tax … Read more