Q1.    What is reverse mortgage loan? Ans. As the name suggests, it is the opposite of the traditional mortgage, where the lender makes periodic payments to the borrower. It you to capitalize the house you own to meet urgent cash needs, and … Continue reading →

Q1.    What does refinancing mean? Ans. When a borrower decided to refinance, he/she pays off the existing mortgage and creates a new one. It is is often used by borrowers (with sound credit histories) to obtain a lower rate of … Continue reading →

If you are going to banks to apply for a loan then you must understand the viability and technical details of the property you are going to put up as mortgage. A LAP is a product that is designed keeping … Continue reading →

Getting a loan requires a certain set of documents in the application. Income Tax Returns are one of the most important documents in your application. Usually, banks ask for 2-3 years ITR in your application for loan. It has been usually … Continue reading →

“Lal Dora” villages are an integral part of Delhi landscape. The term “Lal Dora” was first used in 1908. In those days that part of the village which was used for residential purposes was demarcated with Red thread around them. … Continue reading →

A large number of properties in Delhi NCR are registered under GPA. GPA stands for general power of attorney. General power of Attorney is a legal instrument that is used by a person (granter) to confer authority on other person … Continue reading →

Owning your own house is a dream of everyone in this modern age. Having your own house just doesn’t gives you a peace of mind but it can also acts as a great investment option for future. Most of us … Continue reading →

Different deals related to land like Land Acquisition, Sale, Purchase, Construction  and loans have different legal acts applicable to them. But due to lack of knowledge of these acts, we overlook them while doing transactions related to land. Thus, for education … Continue reading →

If you are applying for a loan in any bank or financial institution, lending institutions usually have a checklist of documents to be collected from you for calculating viability of your loan application. Income tax Return of past 2 to 3 … Continue reading →

Land approval is one of the important functions of different development authorities and municipal corporations. Different organizations like City Development authority, Municipal Corporations, State Housing Boards, State Industrial development corporations, State housing Boards etc are authorized for the purpose of … Continue reading →