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Dream Works Reality

123 years
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      A property or a land parcel inherited up to four generations of male lineage is regarded as an ancestral property. According to the Hindu Succession (Amendment) Act, 2005, daughters have equal rights over an undivided ancestral property. A father who is the current owner of a family property must share ownership rights with his son, provided the share of the former is decided first after which the successive generations can subdivide the portion from their corresponding predecessor. Such properties cannot be sold without the successors’ consent and can be reclaimed by filing a suit for partition in a court.
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      Apartments and flats come at a lower price, but independent houses have their benefits. There are marked differences between the two. MakaanIQ explains the differences between the two to help you make a wiser buying decision.
      29th Mar 22
    • Vastu: How Mirrors Influence Money And Health Status

      Applying simple changes in mirror placement could increase wealth in your house.
      13th May 22
    • Feng Shui: Get Lucky By Using Elephant As Part Of Yo

      MakaaniQ shares the ways through which you can add the elephant theme into your home décor.
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    • Property Sale Through GPA Is Illegal

      Through an order in 2011, the Supreme Court held that transferring property title through a general power of attorney was not valid. The top court directed municipal bodies not to register/mutate properties based on these documents. Following the order, states banned the registration of properties sold through GPA. The SC, however, said that genuine transactions carried out through GPA would be valid. In light of this, should you be entering property transactions that involve sale through power of attorney? Let us find out.
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  • new
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    0
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  • new
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Last update - 16-08-2022
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