Velha Property

A look at what differentiates NRI property purchase from resident property purchase in India.

In India, we perform the house-entering ceremony, popularly known as Griha Pravesh, before we set our foot in our new house. This ceremony is performed keeping in mind the guidelines prescribed by the ancient architectural science of Vastu. Certain procedures have to be followed to make sure our stay in the new home is fulfilling. In case you recently bought a house and are planning to perform the Griha Pravesh ritual, we list here the auspicious days on which you could do so in 2018 and 2019.

MakaanIQ lists the documents you need while applying for a loan to buy a resale home.

The National Consumer Disputes Redressal Commission has said homebuyers could file a case against parent company Jaypee Associates Limited in the forum, seeking compensation and possession. However, buyers cannot move the consumer forum against insolvency-hit Jaypee Infratech, it says.

Nine properties of Amrapali Group, some in national capital region’s in Noida and Greater Noida and others in Bihar’s Rajgir and Buxar, were sealed on October 10 after its three directors, who are in police custody, said the documents related to the group's 46 firms were stored there.