Real Estate Legal Guide & Laws

If you are in the real estate sector, then the term non-encumbrance certificate should not be unfamiliar. If you are looking to invest in property or wish to avail of a home loan, you will need to furnish your lending institution with this certificate. The non-encumbrance certificate list

The full form of the SARFAESI Act is the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act. SARFAESI was passed in 2002. This act manages how financial assets are turned into securities and rebuilt. It also ensures security interests are enforc

While buying any property, the circle rates of the area is an important factor in determining the property’s price. In Gurgaon, the circle rate is calculated based on the demand for properties in an area. The circle rates Gurgaon has been revised recently on January 10, 2024, and with thi

Floor Space Index or FSI in Mumbai refers to the ratio between the complete built-up area of a plot and the available plot area. The guidelines for FSI for residential building in Mumbai are determined by the government of the region and follows the National Building Code for the ent

Thane Property Tax is the Thane municipal corporation tax fee paid by property owners in place of the civic maintenance of the area. The Thane Mahanagar Palika collects the property tax in Thane twice a year, once by April 1st, and then the second collection round is completed by October

An Encumbrance Certificate is a legal document that provides the history of a property and confirms it is free from legal or financial liabilities. Issued by the sub-register office, it is essential for land registration and property transactions. The Tamil Nadu government now offers an o

FSI is a very common real estate term used very often to describe a property. FSI in Pune city refers to the ratio between the complete built-up area of a plot and the available plot area. The guidelines for FSI for residential building in Pune are determined by the government of the regi

The state government of Karnataka, effective October 1, 2023, increased the guidance value, the minimum price set by the government for property transactions, by an average of 25% to 30% across the city. This became a major relief for the real estate sector in the city, which continued to