The purpose of this section is, to direct interaction with the Sales & Marketing team and/or Legal team that will persuade the customers to know more about the firm, its projects and legal queries.
Formal Legal awareness on Documents
The firm owned the project land on its own name in various revenue and government records.
- Village Form No. 7/12 (within the name of the firm)
- Village Form No. 8-A (within the name of the firm)
- Approved Site Plan
- Utility permission
- Electricity and Water connection within the firm’s name
Legal awareness on property
- Non-Resident Indian (A citizen of India resident outside India) and Person of Indian Origin (An individual) can purchase the residence/commercial properties in India. There are no restrictions on the number of properties that can be purchased.
- A foreign company which has established a branch office or other place of business in India, can acquire any immovable property in India, which is necessary for or incidental to carrying on such activity. The payment for acquiring such a property should be made by way of foreign inward remittance through proper banking channel. On winding up of the business, the sale proceeds of such property can be repatriated only with the prior approval of Reserve Bank. However, if the foreign company has established a liaison office, it cannot acquire immovable property. In such cases, liaison offices can take property by way of lease not exceeding five years.
- A person resident in India an NRI or a Person of Indian Origin However, the property can only be commercial or residential. Agricultural land in India cannot be acquired by way of gift. A foreign national of non-Indian origin resident outside India cannot acquire any immovable property in India through a gift.
- A foreign national of non-Indian origin can inherit and hold immovable property in India from a person who was resident in India. However, a citizen of Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal and Bhutan should seek specific approval of the Reserve Bank of India.
- A person resident outside India can inherit immovable property from a person resident in India. A person resident outside India However, the person from whom the property is inherited should have acquired the same in accordance with the foreign exchange regulations applicable at that time.
Sales & Marketing Team
The Sales and Marketing team of the firm is always available to resolve the queries and provide project details and conduct site-visit for our customers.
The Legal team of the firm shall assist our customer regarding their legal queries in respect of project or local laws, stamp act and registration formalities, and paper/document formalities.