Know the difference: Agreement to Sell and Sale Deed!


Whether you plan to buy a property or already own one; whether you are a home buyer or a home owner, you should know the legal documents that establish absolute ownership over the Property. When we talk about Sale, there are two terms which are widely used i.e. Sale Deed and Agreement to Sell.  Many times we have come across buyers who hold Agreement to Sell and mistake it for the Sale Deed. Lack of understanding of the difference could lead to grave errors and at times, dire consequences.

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Lease Agreement or Leave and Licence Agreement, which one to choose?


At times, the three “L”s can be quite confusing; “Lease”, “Leave and “License”. The terms ‘Lease Agreement’ and ‘Leave and Licence Agreement’ are often misunderstood as the same thing. We are frequently asked these questions- “Which type of Agreement will protect my interests?” “Which agreement ensures my ownership remain secure?”.

To understand these better, let’s look at a scenario, where “A” is the owner of a property who wants to rent his premises “X”, and “B” is someone who needs a premise to stay for a short period. Let’s see in this situation which agreement is more suitable.

In order to ensure that the rightful interest of an individual on a property is not diluted, we need to look at the seven fundamental differences between these two agreements which are:

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Buy Vs Rent ! What should I do?


For a modern day home buyer, it has become a tough choice. “Should I pay rent or EMI’s for my house”?  Hefty costs associated with buying a house, make most independent youngsters to rent one, once they start earning. As they start families and save money, many choose to buy a home. However, while it is apparent that there are no returns in renting, one needs to be mindful of the costs and recurring expenses associated with buying and owning a house. In this article, we have listed down five important points to consider while comparing Buying Vs Renting which shall help you take a right decision.

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Deviation from the Approved Layout Plan- Its effects and Regularisation

In our earlier blog “Sanctions and Approvals Required for different types of Properties“, we discussed various sanctions, approvals and NOC’s required for different types of properties. A large number of houses were affected during the latest demolition drive in Bangalore. Buildings have been constructed that are not in line with the building regulations. This, of course, not only causes hardship to the owners and others but also leads to tremendous financial losses.

In this blog, we will list down the conditions laid down for obtaining sanctions; the permissible limits for deviations and the regularisation process in the event of deviations.

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What type of property should I buy? Ready to move in house, An under-construction property or an upcoming property?

Owning a dream home is the biggest achievement of any individual’s  life. If you are a “Rich Dad Poor Dad” fan, you will recognize this quote, “your home is the biggest investment you will ever make”. In India, buying a home means investing your hard-earned money for a lifetime.

From the first decision to invest in a property to actually buying a house, there is a lot of work to be done. We often come across a few choices, whether to buy a ‘Ready to Move in Apartment‘ or an ‘Under Construction Property‘ or a property where the ‘Construction has not begun’. In the back of our mind, one constant question keeps triggering, “Is this the right decision?”. Hence, to pull you out of this dilemma, in this article we have discussed in detail how to compare different types of properties, their numerous benefits, and risks involved with respect to the various stages of construction. Read More

5 frequently asked questions on Real Estate CAPITAL GAINS

Traditionally in India, there has always been a tendency to invest in physical assets such as gold, metals and real estate. Although there are many secondary investment options such as stocks, bonds, fixed deposits etc., real estate still remains at the top of the list. Many believe they should invest in property as soon as they start earning. Read More

Overview of Home Loans & Types of Mortgage Loans in India

Most Indians believe in savings. Most prefer to spend on things that are necessary. This possibly led to savings becoming a habit for many in our country.  However, due to increase in demand and inflation, people at times have very little option but to borrow money to meet their necessities. No doubt, there is a big gap between their reality and aspirations. For banks, this is an excellent opportunity to introduce attractive loan offers. Buying a home is perhaps one of the most crucial decisions of one’s lifetime. So, before you plan to buy a property, let’s understand in detail, home loans and the types of mortgage loans in India.

Before you sign an agreement with the bank, it’s important to understand: Read More

2 Documents that you should ensure exist before you invest in a property – “Commencement & Occupancy Certificate”

If you are reading this article, most likely you are planning to make an investment in a property sometime soon, and therefore want to be a savvy and an informed buyer.  Let us help you in this buying process.

Now, in our previous article, “Sanctions and Approvals required for Different Types of Properties”, we had listed down the different types of Sanctions and Approvals required to construct a building. In this article, we will focus on two of the documents from that list, which are (1) Commencement Certificate and (2) Occupancy Certificate, highlighting:

  1. Their importance
  2. The process of obtaining each
  3. The implications of not having one

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4 Reasons why the Goods and Services Tax bill will impact the Indian Real Estate Sector

Currently in India, there are many direct and indirect taxes imposed on goods/services,  right from its manufacture to its sale and eventual consumption, both at central and state levels, thereby unrealistically increasing overall cost to the end user.

To mitigate this burden, the Central Government proposed the Goods and Services Tax (GST). GST combines central excise duty, additional excise duty, service tax, state VAT & entertainment taxes under one banner. Read More

Store your property documents online- Top 3 benefits of moving to a Digital Platform


BENEFIT #1: Quick and Easy Access

Have you wasted hours trying to find the one document you need? Searching for documents through a library of file cabinets is tedious and involves a lot of energy. On the other hand, documents stored digitally can be easily tracked and retrieved immediately during an emergency. Read More