1. What should a purchaser keep in mind while purchasing a residential flat?

  • January 3, 2018
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Some important points to keep in mind while buying the flat: Locality – Proximity to the workplace, educational institutions, hospitals, shopping areas, entertainment centers, transportation, pollution levels. Quoted area of the flat i.e. Carpet, Built Up Area and super Built Up Area Car parking space Quality of construction Reputation of the builder or seller Sufficient […]

2. What is meant by Carpet Area, Built-Up Area & Super Built-Up Area?

  • January 3, 2018
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Carpet Area is the area enclosed within the walls, actual area to lay the carpet. This area does not include the thickness of the inner walls. It is the actually used area of an apartment/office unit/showroom etc. Built-up Area is the carpet area plus the thickness of outer walls and the balcony. Super Built Up […]

When is a sale of immovable property concluded?

  • January 2, 2018
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The sale of immovable property is concluded on payment of the entire consideration amount, registration of the document of sale and handing actual possession of the property to the purchaser.