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Legal Article Real Estate Help

Real Estate Regulation Scenario in India

The Indian housing industry is rapidly surging ahead as demand for property is a never-ending constant truth of life. This has inadvertently resulted in upswing of real estate companies of all sorts, big, small and mid-sized companies that are vying for attention of the buyers. However, in this pandemonium, the consumer has been the biggest […]

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Legal Format Real Estate Help

Will and Testament Bequeathing / Vesting Property to Trust

I, ____________ widow of Late _______________________, aged about ____ years, Hindu Inhabitant of _____________, do hereby make this my last Will and Testament. I hereby revoke all wills or testamentary writings made by me heretobefore and declare this to be my last Will and Testament. I. I appoint my ________________________ (or their survivors or survivor) […]

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Legal Article Real Estate Help

Land Reforms vis-a-vis Urban Land Ceiling Act and its Connotations in West Bengal

Land continues to be of growing importance in today’s age of technology and development and the essence of land is etched deep within the history of India. The concept of ownership of land was not prevalent in ancient India and from Vedic era till the establishment of Lord Ashoka “zamindars” were non-existent. Kings thereafter did […]

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Legal Article Real Estate Help

Note on Section 14 of Delhi Rent Control Act

Safeguards to Tenant Under S. 14(1) (c) # Purpose for letting (i) residence, (ii) commercial, or (iii) any other purpose -> must be proved by landlord [I.D.Malik v Duli Chand 1968 RCJ 187] #Initial Purpose to run grocery shop, later running book-shop – > no ground for eviction [Rattan Lal v Asha Rani JT 1988 […]

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Legal Article Real Estate Help

Deconstructing West Bengal Thika Tenancy

In 1949, the State of West Bengal enacted the Calcutta Thika Tenancy Act, 1949 with effect from 28th February, 1949 for better provisions relating to the law of landlord and tenant in respect of thika tenancies in Calcutta. Thika tenant means any person (including his Successors in interest) holding land under written/otherwise lease paying rental […]

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Legal Article Real Estate Help

Tax Clarifications For Your Multiple House Property Investments

Tax Clarifications For Your Multiple House Property Investments

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Legal Format Real Estate Help

Development Agreement Format

DEVELOPMENT AGREEMENT THIS AGREEMENT is made on ______day of ______, 2013, BETWEEN   (1) SRI _____________, S/o late ______________, by religion Hindu, by occupation Business, residing at ____________________________, (2) SRI ______________, S/o late _____________________, by religion Hindu, by occupation Business, residing at ___________________________, (3) SRI ________________, S/o late ____________, by religion Hindu, by occupation Business, […]