What if someone makes a claim on your property?

The Indian real estate market is expanding as never before and with real estate developers offering unique and competitive features, the buyer in most cases ends up in a win-win situation. However this isn’t the case with all as one of our reader’s had invested in a property on which another party is laying its claim as a grant land. The construction on that land has been stopped as the case has been taken up by the High Court. Now the question that arises is will the builder pay any compensation for the delay? And what steps should he take to save his property? Post your opinions and suggestions to help our

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Real Benefits of Internet Home Selling and Renting Ads

Internet provides a far richer experience for home buyers. They receive virtually unlimited property information, many photos, and maybe even a virtual tour — which is like an open house right from their desktop. Internet provides a blank canvas on which to market the property for the life of the listing at a very affordable price. Internet listings are viewed globally. It is all about exposure, depth of information, and value.

General Info - Real Estate & Constructions In Faridabad

1) Can there be a Sale/ Purchase of real estate through power of attorney?

Yes, real estate can be purchased and sold on behalf of the owner through general, specific Power of Attorney, but there are certain exception:

• Where buildings, Housings and commercial property are constructed and sold by government organization.

2) What is Power of Attorney?

The power one person or legal entity grants to another to act on behalf of the person granting authority. The document granting such power normally specifies exactly how much power the attorney-in-fact (recipient of the power of attorney) will have.


3) Can corporate firm/houses open their offices in residential areas ?

No, the practice of opening offices in residential areas is illegal. But in the usual course of business service based industries are allowed to open their offices in such residential properties. But any complaint by the owners will perforce them to vacate it.


4). If the lease does not contain any clause for escalation of rent then can the lease amount on renewal be escalated ?

It is always advisable to include the rent escalation in the lease deed which is more than 1 year, to avoid any dispute in future. However there is a provision in the rent control act that rent will increase 10% after every 3 years.

The Surrounding areas of NCR, Faridabad

With real estate developing at a rapid pace in the surrounding areas of NCR, Faridabad is too experiencing a considerable growth in this sector. The rise in demand for residential sector has increased and the following chart will give you a fair idea of the current property rates and trends for the month of February. From the following detailed chart you can find out the approximate average unit values and rental values for plots and flats for various localities in Faridabad. This comprehensive Faridabad property rates chart will give you a clear picture of the prevalent property rates for its various localities and will simplify your search for your dream property.