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Monopoly isn’t just a game – It’s a matter of serious concern in the Economy!

Monopoly isn’t just a game – It’s a matter of serious concern in the Economy! : With the onset of globalization in India, the Indian market has had to deal with many issues - competition being a prominent one. At the time that this wave started, there were local as well as global players in the market, affecting investment and growth of the economy. AT that time the then prevalent law/act, Monopolistic

Property Search and Purchase by NRIs

Property Search and Purchase by NRIs Many non-resident Indians purchase property in India . While searching and buying real estate in India is a wise decision, the last thing non-resident want on their hands is a legal dispute concerning asset in India. Courts in India are pretty slow, and cases can drag on for tens of years. NRI’s who search and purchase asset in India should be extra careful when signing contracts and giving deposits. Seeking the help of property management lawyers to verify documentation is wise and judicious. The problem with real estate purchase in India is, the verification of assets being acquired. While India is gradually moving towards computerizing property records, this facility is not yet available. Most documents need to be validated manually, and such searches are often time-consuming. Therefore seeking the help of property management lawyers becomes imperative. When buying land, here are some of the things that non-resident real estate purcha...

Public Interest Litigation – The alertness badge that the law offers!

Public Interest Litigation – The alertness badge that the law offers! : The word PIL has come to symbolise an alert, curious, questioning society, over a period of time. It signifies the right that individuals possess to question various events

What is so good about the Goods and Services Tax (GST)?

What is so good about the Goods and Services Tax (GST)? : The first Look.... July 1 dawned to the application of what is clearly seen as the biggest Tax reform in India. The wave that it stirred up, the impact of the regulations and the expected results in the context of the Indian Economy have all made this one of the hottest topics of debate in the

Not everything is shared so easily – Especially not property!

Not everything is shared so easily – Especially not property! : The need for legally entering into a Partition suite arises when there has to be a distribution of shared ownership of property among the potential shareholders, whether they are family members and relatives. A partition, by simple definition, is a division of assets owned collectively by either family members or relatives so that each person gets

GST and its impact in the Real Estate Sector

GST and its impact in the Real Estate Sector : GST as we understand now The much awaited ‘General’ term that promises to bring about structural changes Goods & Services Tax is an indirect tax levied by the government to replace all other indirect taxes of the entire country with an objective to make India one unified common market to strengthen the economy. India

Government Initiatives and NRI Investments in India

Government Initiatives and NRI Investments in India : Non-Resident Indians (NRIs) have always found real estate an attractive investment option. Their attraction comes not just from the financial aspects, but also from their intense desire to have a connection to their roots. The reasons for NRI investments in India could be many, and vary from providing a better lifestyle for the family to