ICB

Confused about the property registration process? MakaanIQ explains the steps involved.

As a home loan buyer, it is important to recognise the need for 'Registered' and 'Equitable' mortgages, and the stamp duty charges involved in the legal process. MakaanIQ tells you All about registered and equitable mortgage in home loans.

MakaaniQ tells you the difference between possession letter and occupancy certificate.

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.

When Telangana Chief Minister K Chandrasekhar Rao launched the 2BHK Dignity Housing Scheme in 2015, he went a step ahead of the Central government to provide housing to the state’s poor.  Unlike those who are applying for homes under the Centre’s Pradhan Mantri Awas Yojana (PMAY), beneficiaries applying under the Dignity Housing Scheme would get their 560-square foot (sqft) homes that are worth between Rs 5-9 lakh for free. Here is everything you need to know about the scheme.