Ask Us Anything

Ask all your queries about real estate to get accurate answers backed by experts.
Searching...
Oops! Something went wrong while submitting the form.

What is home insurance?

Home insurance is a type of insurance policy that covers private residences and protects them from unpredictable damages, natural or man-made disasters, burglary and theft.
What is home insurance?
Blockrise
Read More

What is Power Of Attorney?

Power of Attorney allows a person to authorize another person the right to make decisions regarding the person's assets, finances and real estate properties.
What is Power Of Attorney?
Blockrise
Read More

How can I convert a leasehold property to freehold?

The property could be converted from leasehold to freehold if the local laws allow it. For example, properties under DDA can be converted to freehold by executing a Conveyance Deed but the same is not allowed if the property is owned by the Noida Authority.
How can I convert a leasehold property to freehold?
Blockrise
Read More

I want to sell my property. What are the documents a buyer would need from me?

A buyer could ask you for the original Sale Deed, Title Deed, relevant tax receipts and Encumbrance Certificate.
I want to sell my property. What are the documents a buyer would need from me?
Blockrise
Read More

What is Stamp Duty? Who is liable to pay Stamp Duty? Do I get tax benefits on Stamp Duty?

Stamp Duty is the tax paid for the legal recognition of property. It is paid by the home buyers. You can claim tax incentives of up to Rs 1.5 lakh on stamp duty and registration charges on a new property purchase or construction of a house. However, these benefits are available for only one self-occupied property.
What is Stamp Duty? Who is liable to pay Stamp Duty? Do I get tax benefits on Stamp Duty?
Blockrise
Read More

I have a flat which I want to sell and buy a new flat, bigger in area. What are my tax implications with regard to capital gains?

Capital Gains are exempt if a person purchases a new flat within two years of the date of sale of the original flat and invests the entire amount of capital gained into the new flat. However, the same is subject to the provisions of the Income Tax Act, 1961. Customers are requested to consult his/her Chartered Accountant in this regard.
I have a flat which I want to sell and buy a new flat, bigger in area. What are my tax implications with regard to capital gains?
Blockrise
Read More

Why is it considered necessary to register Agreement for Sale? What is the purpose of registration?

The Registration Act, 1908, the Transfer of Property Act, 1882 and the Real Estate (Regulation and Development) Act, 2016 mandates the registration of an agreement for sale of an immovable property. By registering the agreement for sale of an immovable property, it becomes a permanent public record. Further, a person is considered as the legal owner of an immovable property only after he gets such property registered in his name.
Why is it considered necessary to register Agreement for Sale? What is the purpose of registration?
Blockrise
Read More

What is carpet area?

The area of a property is often calculated in three different ways – carpet area, built-up area and super built-up area. According to the RERA, carpet area is defined as ‘the net usable floor area of an apartment, excluding the area covered by the external walls, areas under services shafts, exclusive balcony or verandah area and exclusive open terrace area, but includes the area covered by the internal partition walls of the apartment’.
What is carpet area?
Blockrise
Read More

Couldn’t find your answer?

Ask your own question! We’ll get it answered through our panel of experts right away and notify you via an email.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.