Transfer of Property in India
If you have acquired a property in india by way of inheritance, purchase, gift, relinquishment etc., you must make sure that all revenue records and mutations are done in your favor at the earliest. Mostly, nri’s or overseas citizens have no trusted representatives in india to mutate (transfer) the properties that they have inherited into their names. Factors like lack of knowledge, time constraint, inability to travel and rising real estate prices in india attracts complications like illegal transfers, illegal possession or even illegal sale by third parties. To stem these rising frauds against nri properties, you must effectively mutate your properties at the earliest in your name after following the proper process of law. Unlike the west, in india it is not an automatic process but often a time consuming and tedious process under law where proper documentation with verification checks have to be submitted to the appropriate land revenue and registry departments. Additionally, if you want to actively control, build, mortgage or sell your property in india, it has to be effectively in your name. If your inherited property is still in the name of your ancestors then before you can use this asset you must get it transferred in your name. Our company offers transfer services for land and property anywhere in india comprehensively to overseas residents without their having to travel to india personally. A step-by-step guidance plan for transfer services is presented to our clients and all formalities are completed on the client’s behalf by our team of legal experts.
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“Transfer of Property” means an act by which a living or a dead person conveys property in present or in future, to one or more living persons. The legal effect of this act is passing of property from one person to another. If you have acquired a property in India by way of inheritance, purchase, gift, relinquishment etc., you must make sure that all revenue records and mutations are done in your favor at the earliest. Factors like lack of knowledge of legal intricacies involved, time constraint, inability to travel and rising real estate prices in India attracts complications like illegal transfer of landproperty. Usually overseas citizens suddenly discover that one of their relativesunknown person has illegally transferred their immovable property in their names on the basis of forged documents. Illegal transfer can be challenged in the court of law through legal representative and your legal rights restored.
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Our real estate division offers specialized and exclusive services to overseas nri clients for doing a title search and evaluation of the fair market price on the property and obtain all relevant documents; review and study and give a comprehensive report vis-a-vis the requirements of the client. The report includes the following: � description of the land property � calculation of total land � calculation of size of shares of all the co-owners � certified documents pertaining to the ownership � documents pertaining to transfers if have been any � documents pertaining to the possession of the land � current market value of the property � advice on the next steps to be taken � photographs and videos of the property on special request
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Our real estate division offers specialized and exclusive services to overseas NRI clients for doing a title search and evaluation of the fair market price on the property and obtain all relevant documents; review and study and give a comprehensive report vis-a-vis the requirements of the client. The report includes the following: � Description of the land property � Calculation of total land � Calculation of size of shares of all the co-owners � Certified documents pertaining to the ownership � Documents pertaining to transfers if have been any � Documents pertaining to the possession of the land � Current market value of the property � Advice on the next steps to be taken � Photographs and videos of the property on special request
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Our company offers transfer services for land and property anywhere in india comprehensively to overseas residents without their having to travel to india personally. A step-by-step guidance plan for transfer services is presented to our clients and all formalities are completed on the client�s behalf by our team of legal experts.
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Get free legal advice from our property management lawyers on all your property matters in punjab and gujarat. Our property attorneys work aggressively on the court cases. Since nris cannot travel back and forth to look after these trials, we keep them updated through our mobile app and other communication channels.
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