House owner
Lack of land availability and increasing demand for properties in prime city areas, developers are looking at redevelopment of old houses. It is usually a joint venture development wherein the developer signs an agreement with landowners, wherein the house owner will have the ownership of the plot while the builder develops an apartment complex on [...] Continue Reading »
In Mumbai, a verdict was passed in the city civil court regarding tenants fighting for landlady regarding the building’s renovation and repair. It is the house owner who stands responsible to spend for house renovation. Similar case was booked by the tenants of Shubadra Mansion at Walkeshwar. Wherein, the tenants blamed mishap on an illegal [...] Continue Reading »
A new tenancy rules has been formed by Delhi high court (HC)! If any house owner needs the house, tenant is expected to vacate the house immediately! Even though it is against the oral agreement between the land owner and tenant, HC has passed on this order to be followed in New Delhi. Recently the [...] Continue Reading »
The increase in property prices and making improvements to the house interiors all depends on equity of the residential buildings. Property prices keep fluctuating gradually and this can work wonders in a very short span of time. The house owner benefits gradually by spending 1 lakh on building in adding an extra room, this adds [...] Continue Reading »
