Law chamber

 PAVANANJAYA

 19 Years Exp

 Buying/Selling of Property in India (Show More)

 Dakshina Kannada , Kodiyalbail

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Information

Overview

Buying /Selling of Property in India

Investment in real estate (Due diligence, Registration of Property, Mutation).

Importance of Sale Deed

Sale deed is an important document for both the buyer and the seller. Through the sale deed, the seller transfers the rights of ownership to the buyer. This enables the buyer to acquire sole ownership of the property. This document provides an ownership proof of the property to the buyer, thus enabling the buyer to carry out further sale

The sale deed needs to be signed between the seller and the buyer, for purchase or sale of a property, to be legally completed. A property transaction cannot be completed without getting the sale deed signed by both the seller and the buyer. Signing a sale deed implies that both the seller and the buyer accept the terms and conditions defined in the agreement.

Certification of documents

To assist for the certification of all documents from the concerned authorities including Apostille certificates from the ministry of external affairs.

    Invaluable assistance and expertise offered to buying and selling of property in india real estate to individuals, corporates, real estate developers etc.
    Competence in handling the full spectrum of real estate properties.
    Awareness of the most competitive costs and fees involved in a transaction.
    Practical, Constructive and Innovative solutions.
    Professional, business oriented approach to ensure best possible prices for our clients.
    Advantage of having an understanding of the dynamics and volatility involved while investing in real estate.
    Detailed information to the client regarding risks, technicalities and legal considerations involved in the transactions.

NRIs to put their money in ventures because they are too far away to be able to judge the credibility of projects where investment is possible. Propertified offers invaluable assistance and expertise to buy or sell real estate to individuals, corporates, real estate developers etc. The company has competence in handling the full spectrum of real estate properties since there is sound awareness of the most competitive costs and fees involved in a transaction. Our experts make a constant endeavor to come up with practical, constructive and innovative solutions for all property related issues. We follow a professional, business oriented approach to ensure best possible prices for our clients which is backed by our advantage of having an understanding of the dynamics and volatility involved while investing in real estate. The company makes sure that we give detailed information to the client regarding risks, technicalities and legal considerations involved in the transactions. Specifically, the scope of our services is related to the following:

REAL ESTATE SERVICES:

    Identification of buyer/seller.
    Identification of a suitable property as per the requirements of the client.
    Establishing title to the property.
    Ensuring that all documents are properly executed and delivered.
    Preparing & evaluating all the documents necessary to complete a transaction efficiently & correctly.
    Negotiating, drafting and reviewing sale and purchase agreements.
    A thorough physical inspection of the property in order to negotiate a better purchase price.
    Representation before various authorities such as Sub Divisional Magistrate, Registrar, Courts etc.
    Repatriation advice, tax advice and any other compliance advice.
    Exclusion of a termination clause- Suppose you plan to terminate the MoU after registration of an agreement, then this should be explicitly mentioned in the MoU. Even though an MoU is not legally binding, the absence of a condition could lead to higher risk of litigation.


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Name : PAVANANJAYA

Law Firm Name : Law chamber

Country : India

City : Dakshina Kannada

State : KARNATAKA

Practicing Since: 2006

About Your Firm : I am practicing since 2006 as a civil Advocate in Mangalore I am handling civil Matters M.C Cases , Consumer cases Registration work Revenue work, Legal Opinion etc

Manpower/Employee Details

Sr Employee Associated Sr Employee Enrollment/Reg.No Sr Employee Enrollment/Reg.State
Jr Employee Associated Jr Employee Enrollment/Reg.No Jr Employee Enrollment/Reg.State

 

  Legal Opinion/Title Certification ( Commercial complex )
  Land Sourcing ( Apartment/Builder Floor )
  Agreements/Deeds(Bulk) ( Memorandum of Understanding )
  Land Sourcing ( Residential Layout )
  Agreements/Deeds(Bulk) ( Joint Development Agreement )
  Land Sourcing ( Villa Project )
  Agreements/Deeds(Bulk) ( Agreement of Sale )
  Land Sourcing ( Commercial complex )
  Packages ( Apartment/Builder Floor )
  Agreements/Deeds(Bulk) ( Agreement of Sale with GPA & Possession )
  Packages ( Residential Layout )
  Project Approvals ( Conversion of Land )
  Packages ( Villa Project )
  Procure Specific Property Document(s) ( Encumbrance Certificate )
  Packages ( Commercial complex )
  Procure Specific Property Document(s) ( Khata / Khata Extract )
  Legal Opinion/Title Certification ( Apartment/Builder Floor )
  Procure Specific Property Document(s) ( Khata Certificate/Transfer )
  Legal Opinion/Title Certification ( Residential Layout )
  Power of Attorneys ( Drafting General Power of Attorney )
  Legal Opinion/Title Certification ( Villa Project )
  Forming Owners Associations/Societies ( Apartments )

 Legal & Drafting

  Procure Revenue Documents ( Khata Transfer )
  Agreements/Deeds ( Rectification Deed )
  Affidavits ( Student Affidavits )
  Power of Attorneys ( General Power of Attorney )
  Registration Assistance ( Agriculture Land )
  Property & Documents Inspection ( Industrial / Commercial Inspection )
  Lease/Rental Agreements ( Settlement Of Rental Agreement )
  Legal Opinion (Written) ( Independent House )
  Procure Revenue Documents ( Mother Deed Extract )
  Agreements/Deeds ( Relinquishment deed )
  Affidavits ( Passport Affidavits )
  Power of Attorneys ( Revoke/cancel Power of Attorney )
  Registration Assistance ( Commercial Property )
  Lease/Rental Agreements ( Paying Guest Agreement )
  Legal Opinion (Written) ( Agriculture Land )
  Procure Revenue Documents ( Copy of Grant Certificate )
  Agreements/Deeds ( Mortgage Deed )
  Affidavits ( Gas Affidavits )
  Construction Approvals ( Residential )
  Registration Assistance ( Revenue/Other Site )
  Lease/Rental Agreements ( Leave And Licence )
  Legal Opinion (Written) ( Commercial Property )
  Wills ( Make A Codicil )
  Procure Revenue Documents ( Pahani/RTC )
  Agreements/Deeds ( Exchange Deed )
  Affidavits ( General Affidavits )
  Construction Approvals ( Commercial )
  Lease/Rental Agreements ( Apartment Rental Agreement )
  Lease/Rental Agreements ( NOC From Landlord )
  Legal Opinion (Written) ( Revenue/Other Site )
  Notary & Attestation Services ( Get A Document Notarised )
  Procure Revenue Documents ( Mutation )
  Agreements/Deeds ( Release Deed )
  Affidavits ( Other Affidavits )
  Packages ( Legal Opinion to Registration (Plot/Site) )
  Wills ( Make A will )
  Lease/Rental Agreements ( House Rental agreement )
  Lease/Rental Agreements ( Other Lease/Rental Agreements )
  Agreements/Deeds ( Agreement of Sale )
  Notary & Attestation Services ( Gazetted Officer Attestation )
  Procure Revenue Documents ( Electricity Bill Name Transfer )
  Agreements/Deeds ( Partition Deed )
  e-stamp paper ( Get E-stamp paper )
  Packages ( Sale Agreement to Registration (Plot/Site) )
  Lease/Rental Agreements ( Commercial Office Rental Agreement )
  Consultation on Property ( Property Buying )
  Agreements/Deeds ( Construction Agreement )
  Utility/Property Payments ( Property Tax Payment )
  Procure Revenue Documents ( Duplicate/Certified copy of sale deed )
  Agreements/Deeds ( Memorandum of Understanding )
  Property & Documents Inspection ( Plot/Site Insepction )
  Lease/Rental Agreements ( Commercial Shop Rental Agreement )
  Packages ( Sale Agreement to Registration (Apartment) )
  Consultation on Property ( Property Selling )
  Agreements/Deeds ( Sale deed )
  Utility/Property Payments ( Electricity Bill Payment )
  Procure Revenue Documents ( Certified copy of revenue document )
  Registration Assistance ( Plot )
  Property & Documents Inspection ( House/Apartment Inspection )
  Lease/Rental Agreements ( Commercial Lease Agreement )
  Packages ( Legal Opinion to Registration (Apartment) )
  Procure Revenue Documents ( Encumbrance Certificate )
  Agreements/Deeds ( Gift Deed )
  Utility/Property Payments ( Water Bill Payment )
  Procure Revenue Documents ( Certified copy of registered GPA/SPA )
  Registration Assistance ( Apartment )
  Property & Documents Inspection ( Documents Inspection in Govt Office )
  Lease/Rental Agreements ( Residential Lease Agreement )
  Legal Opinion (Written) ( Plots )
  Procure Revenue Documents ( Khata Extract )
  Agreements/Deeds ( Sale Agreement/Deed Review )
  Affidavits ( Name & Address Affidavits )
  Procure Revenue Documents ( Certified copy of registered documents )
  Registration Assistance ( Villas )
  Property & Documents Inspection ( Fraud & forgery Inspection )
  Lease/Rental Agreements ( Room Rental Agreement )
  Legal Opinion (Written) ( Apartment )
  Procure Revenue Documents ( Khata Certificate )
  Agreements/Deeds ( Construction Agreement Review )
  Affidavits ( Personal Affidavits )
  Procure Revenue Documents ( Other Revenue Documents )
  Registration Assistance ( Independent House )
  Property & Documents Inspection ( Agriculture Land Inspection )
  Lease/Rental Agreements ( Car Parking Agreement )
  Legal Opinion (Written) ( Villas )

 NRI Services

  Buying Selling of Property in India ( Buying/Selling of Property in India )
  Property Search ( Land And Property Search )
  Propert Transfer ( Land and Property Transfer )
  Property Partition ( Partition of Land And Property )
  Property Disputes ( Illegal Sale of Land And Property )
  Property Disputes ( Illegal Transfer of Land And Property )
  Succession Certificate ( Succession Certificate )
  Power of Attorneys for NRIs ( General Power of Attorney by NRI )
  Power of Attorneys for NRIs ( Special Power of Attorney by NRI )

 Realtors

  RERA Consultation ( RERA Approved Agent )
  RERA Consultation ( RERA Consultant )

Subject :  Registration of property
Question :  Hello, I want advice on property registration. I have flat of 900 super built up area in Patna which I want to sell for Rs 27 lakhs. A buyer has agreed and an agreement has been made accordingly. However as per valuation the value of a property of 900 sq feet in my area is Rs 36 lakhs. Now the buyer wants to register the sale deed at Rs 36 lakhs. As payments will be made to my bank account, what will be the legal aspects and tax problems as payment amount will be Rs 27 lakhs,and I shall have to pay income tax accordingly. Please advice on the course of action to be taken. Thank you

Answer by Law chamber :  Yes you have to pay income tax on 36 lakhs you shoud avaid that you can do sale deed 27 lakhs ok

Subject :  Registration of property
Question :  Hello, I want advice on property registration. I have flat of 900 super built up area in Patna which I want to sell for Rs 27 lakhs. A buyer has agreed and an agreement has been made accordingly. However as per valuation the value of a property of 900 sq feet in my area is Rs 36 lakhs. Now the buyer wants to register the sale deed at Rs 36 lakhs. As payments will be made to my bank account, what will be the legal aspects and tax problems as payment amount will be Rs 27 lakhs,and I shall have to pay income tax accordingly. Please advice on the course of action to be taken. Thank you

Answer by Law chamber :  Yes you have to pay income tax on 36 lakhs you shoud avaid that you can do sale deed 27 lakhs ok

Subject :  Registration of property
Question :  Hello, I want advice on property registration. I have flat of 900 super built up area in Patna which I want to sell for Rs 27 lakhs. A buyer has agreed and an agreement has been made accordingly. However as per valuation the value of a property of 900 sq feet in my area is Rs 36 lakhs. Now the buyer wants to register the sale deed at Rs 36 lakhs. As payments will be made to my bank account, what will be the legal aspects and tax problems as payment amount will be Rs 27 lakhs,and I shall have to pay income tax accordingly. Please advice on the course of action to be taken. Thank you

Answer by Law chamber :  Yes you have to pay income tax on 36 lakhs you shoud avaid that you can do sale deed 27 lakhs ok