The monumental act in any property purchase is the signing of the sale deed. But contrary to what many people think, the property purchase process is far from over. Just because the property is registered doesn’t mean it is legally theirs. The property legally becomes the buyer’s only after the process of mutation is done. Definition of Mutation/Pokkuvaravu … 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
Property investment decisions should be done unemotionally, with adequate scrutiny. Research the property and the area well. All the pros and cons of the investment should be carefully weighed before a decision is made. For any real estate investment, study all property documents closely and get a fair idea of the property’s history of transactions. … Read more
Which is the best real estate strategy? There’s only one answer – Buy low and sell high. But how do you do it in the Indian market? How do you buy a property at the right price? Which are the growth drivers to look for? What kind of property should you invest in? Are we … Read more
Property Mutation in simple terms refers to the change of ownership in Government Revenue records with respect to the owner of a Property. It is one of the most important records regarding ownership of a property. The Government uses this as the basis for collecting the tax for a particular property. http://www.hindustantimes.com/News-Feed/Business/What-is-property-mutation/Article1-892911.aspx
A recent High Court judgement has come from Delhi High Court observing that objections raised by Sub Registrar Offices regarding invalidity of Sale through Power of Attorney are in fact violation of a Supreme Court judgement regarding the same. “The directions contained in the circular are quite contrary to the observations made by the Supreme … Read more