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News Updates

02 Sep20

Property registration sinks in Mumbai

Mumbai real estate, the most developed and emerging market which supports the industry the most. But as compared to July, the property registration has immersed in August because most of the homebuyers put their foot backward while registering their property as they have waited for the announcement of the reduction in stamp duty charges by the government. The stamp duty collection in August is Rs.202crore which is comparatively lower than July which was Rs.240crore in July. The affordable

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17 Aug20

Process of acquisition from Joka-Esplanade Metro in Kolkata

The working procedure of Joka-Esplanade Metro has been started including the underground land acquisition. A joint survey has been done on land by the Rail Vikas Nigam Limited (RVNL) and  Kolkata Municipal Corporation (KMC), the monitoring agency of Kolkata metro projects. Under the jurisdiction of the Metro Railway (Construction of Works) Act the notifications will be issued for acquisition of 1.5km stretching between Mominpore and Ekbalpore. There is the stretch of land about 400m

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11 Aug20

The daughters also have the right to HUF property as per the law

As per the notifications of the amendment, the daughters are also having the legacy right on the property if  both the father and daughter were alive from the announcement of the law as of September 9, 2005. The Supreme Court has stated the judgment in the favour of daughters that they also have equal rights on the HUF property (Hindu Undivided Property). To redress the complications a committee including three judges clarifies that as per the rules of the Hindu Succession Act, the

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