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PROPERTY BUYER EVICTION
Property purchase from an NRI will not need TAN: How it will help homebuyers immenselyA resident buying property from an NRI must obtain a TAN, pay tax under Section 195, and submit quarterly TDS returns, similar to corporati...
Granddaughter can’t reopen settled family property deal, rules HC; no legal right after mother sold propertyThe Bombay High Court rejected a granddaughter's attempt to reopen a settled family property deal. The court ruled that once legal heirs ac...
No evidence needed: Delhi High Court says senior citizens can evict children from house for ill-treatmentIn a significant ruling from the Delhi High Court, a senior citizen has successfully reclaimed his property from his daughter and her famil...
Noida property row: HC rules sale agreement does not give ownership after mother signs deal without son's consentIn a recent case, the Allahabad High Court determined that while an agreement to sell property can set the stage for a transaction, it does...
Can you convert a leasehold property such as in Noida into freehold? Know how it’s different from a freehold property in GhaziabadIn Noida, property ownership operates under a leasehold model, which means the land is ultimately owned by the authority, whereas Ghaziabad...
Landlord wins eviction case against tenant who stopped paying rent since 2014 and sub-let property in 2021: Himachal Pradesh High Court orderA landlord in Shimla successfully evicted tenants who defaulted on rent since 2014 and illegally sublet the property in 2021. The Himachal ...
Tenant sublets house to a family of seven; Legal heirs of landlord file for eviction but face challenge to their ownership, finally win in Delhi HCA Delhi landlord successfully evicted sub-tenants who occupied a property originally rented to their father. The sub-tenants challenged the...
'Home loan hacks no banker will tell you': Tax expert Sujit Bangar shares six tips that might save you lakhsHomebuyers face hidden costs after loan approval. Sujit Bangar offers six tips to avoid financial traps. Always ask for a full cost breakup...
Kids can cancel property sales made by parents in childhood: SCSupreme Court now allows adults to challenge parental property sales without a lawsuit. They can take direct action, like selling the prope...
Foreclosures in China soar, threatening to choke off bank profitsChinese banks are grappling with a surge in mortgage defaults and foreclosures as the country's housing market crashes. The increase in sei...
What are the rights and duties of a tenant?Landlords attempt to counter the rights of the tenant by imposing high rents and financial guarantees in the form of 3-6 months of advance ...
K'taka Minister R Ashoka says landlords can’t take rent during lockdown, sparks rowR Ashoka, revenue minister in the Karnataka government, said action will be initiated against house owners if they demand rent from tenants...
Has your house been mortgaged without your knowledge? Lessons from the Noida case that left many shakenFor families, it was the shock of their lives: Loans were taken against their homes & they didn't even know.
Union Bank withdraws notices served to Gardenia homebuyers in NoidaSince the builder failed to repay the loan, the bank's branch in Delhi from where loan was given, had put the property on auction as per th...
5 risks to watch for while buying auctioned homesInvestors need to be aware of risks while buying repossessed properties being sold at a discount by banks.
Marigold Capital to check into Leela Palace ChennaiMarigold’s website states the company purchases and operates assets that have strong growth creating incremental value for its investors an...
- Bank of America stops US foreclosures for review
Bank of America (BofA) on Friday halted foreclosures on homes across the country so it could review paperwork in tens of thousands of cases...