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satbara

7/12 EXTRACT- LAND RECORDS

7/12 extract (Satbara Utara) is a very important land related document in Maharashtra. The document is maintained by the revenue department of the state for tax collecting purpose. 7/12 extract documents is a vital indicator of the legal status of the actual plot. It is used for locating ancestral information of any particular land. Past […]
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auction

Auction And Recovery

WHAT DOES AUCTION MEAN?  A public sale in which goods or property are sold to the highest bidder, it means the part of the play in which players bid to decide the contract in which the hand shall be played.  In simple words it means, a sale in which buyers compete for an asset by placing […]
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morgae

Gift Deed and its Elements

A Gift Deed is a legal document through which a person voluntarily gifts a movable/immovable property being under his/her ownership to another person. The article to be gifted can be a movable or immovable property. A gift deed is enforceable immediately and does not require court permission.  According to the 1882 Transfer of Property Act. Only after […]
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partesion-deed

PARTITION DEED

Since the joint family structure exists in India, it often leads to disputes amongst the family members who own the ancestral property. This jointly owned property sometimes causes conflicts and arguments while doing division of property share.  In such situation, executing partition deed helps co-owners to do division of shares and acquire rights over the […]
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SRA

Functioning Of SRA

FUNCTIONING OF SRA  SLUM REHABLITATION AUTHORITY  The Slum Rehabilitation Authority (SRA) was made on 16th of December of 1995 by the government of Maharashtra to promote healthier and safer living for the poor from the slums. The SRA provides houses to people from the slum.  The SRA came in effect on 25th of December in 1995. The […]
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maha Rera

WHAT IS MahaRERA ?

Being the very Diamond State to implement state RERA in one go, RERA Act Maharashtra came into force on 1st May 2017. It ranks top within the list of most active Land Regulatory Authorities. MahaRERA controls and focuses on the important estate protocols to initiate prompt dispute redressed. The key aim was to spice up […]
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conveence-deed

What is Conveyance Deed?

What is Conveyance Deed?  A conveyance deed is the transfer of property rights, titles, and ownership from one person to another, not necessarily always for consideration. This usually takes place when the Builder/Developer is voluntarily ready to execute the conveyance deed with the Society/Person to transfer his ownerships rights to the society.  A conveyance deed […]
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Implementation-and-Importance-of-Plant-and-Machinery-Valuation-Abhita-Land-980x432

Implementation and Importance of Plant and Machinery Valuation

One must be thinking, who all can implement plant and machinery valuation in general? Property, plant, and apparatus assets are also called fixed assets, which are long-term physical assets. Industries that are considered capital intensive have a significant amount of fixed assets, such as oil companies, auto manufacturers, and steel companies. Property, plant, and apparatus […]
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