Category Archives: REAL ESTATE

BENAMI PROPERTY-ALL YOU NEED TO KNOW

Legal Articles, REAL ESTATEBy Legal Advice Guru April 13, 2021 28 Comments

BENAMI PROPERTY-ALL YOU NEED TO KNOW Benami in Hindi means without a name. Webster’s dictionary defines the term, “Benami” as: made, held, done, or transacted in the name of (another person). Thus, a Benami Transaction, in common parlance, refers to a transaction in which a property is transferred in the name of a person, whereas…

Interest Free Maintenance Charges and the Law

Legal Articles, REAL ESTATEBy Vijay Kumar Kaushal March 24, 2021 12 Comments

Interest Free Maintenance Charges and the Law Interest Free Maintenance Charges (IFMC) are the charges or fees which a home buyer pays to the Contractor or builder. The Contractor or builder reserves it in a separate account until the association of the…

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