Property

Healthy tradition for husband to give assets to wife: Priya Kapur to HC

Priya Kapur told the Delhi High Court that bequeathing assets to one's wife has long been a "healthy" tradition in the Kapur family, as Sunjay Kapur's children challenge the authenticity of his Will

Registering property does not prove ownership, verify title before purchase

Lawful possession and an unbroken, valid chain of documents are other pre-requisites before registering a property, else ownership may not be guaranteed

Sale of immovable property outside scope of service tax: Supreme Court

The revenue department had contested a 2019 order of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), which had quashed a tax demand exceeding Rs 10 crore

'Digital ghost' in his Will: Sunjay Kapur's kids to Delhi High Court

The will purportedly executed by their father was only in digital form, the children's lawyer, senior advocate Mahesh Jethmalani, told the Delhi High Court

Asset split in divorce: Courts presume equal ownership of joint assets

They increasingly recognise the wife's non-monetary contributions such as homemaking and childcare when dividing assets

Husband can't claim sole ownership of joint property over EMI payments: HC

A husband cannot assert exclusive ownership over a property jointly acquired and registered in the name of both spouses, solely on the basis that he paid the EMIs, the Delhi High Court has held. A bench of justices Anil Kshetarpal and Harish Vaidyanathan Shankar made the observation on September 22. "Once the property stands in the joint names of the spouses, the husband cannot be permitted to claim exclusive ownership merely on the ground that he alone provided the purchase consideration," the court said. It said the husband's claim would contravene Section 4 of the Prohibition of Benami Property Transactions Act, which bars a person, claiming to be the real owner of the property, from instituting any suit, claim or action to enforce rights against any other person in whose name the property stands. In her petition before the high court, the wife also claimed that 50 per cent of the surplus amount belonged to her, asserting that it formed part of her stridhan (a woman's absolute a

Circle rates in Ghaziabad may rise up to 40%, buyers face higher costs

Ghaziabad administration has proposed up to 40 per cent hike in circle rates, raising concerns that higher stamp duty and fees could make homes unaffordable without regulatory relief

Bollywood actor Tiger Shroff sells apartment for ₹15.6 crore in Mumbai

The property in Rustomjee Paramount offers excellent connectivity to Vithalbhai Patel Road, Swami Vivekanand Road, and the Western Express Highway, offering residents a convenient commute

Top developers on track to hit ₹1.49 trn pre-sales target in FY26: Anarock

India's top 10 listed developers logged ₹44,317 crore in Q1 pre-sales, nearly 30% of their FY26 target of ₹1.49 trillion, with DLF and Prestige leading the momentum

Property prices rise in 45 of 50 cities in Q1 of FY26: NHB report

As many as 45 cities out of 50 registered an increase in property prices during the first quarter of 2025-26, according to data released by the National Housing Bank (NHB). "Out of the 50 cities covered, 5 cities registered a decline in the property prices on an annual basis. Howrah registered the maximum decline of 6.1 per cent followed by Kochi (5.5 per cent) and Thiruvananthapuram (4.8 per cent)," the latest residential housing price index NHB RESIDEX released on Thursday said. The 50-city Housing Price Index (HPI), based on valuation prices of properties collected from banks and housing finance companies, recorded an annual increase of 5.7 per cent during the first quarter of the current fiscal compared to 6.6 per cent a year ago, it added. Seven key primary residential markets witnessed an appreciation in property prices during April-June 2025, it said. Primary residential properties in Ahmedabad witnessed an increase of 6.8 per cent while those in Bengaluru rose by 9.1 per ce

QR code property checks, faster land titles in UP's Vision 2047 plan

Uttar Pradesh will introduce QR code-based verification of property ownership, integrate land registry data with revenue department records for instant title updates, and simplify rent agreements with minimal stamp duty, Minister Ravindra Jaiswal has said. In an interview with PTI, MoS (Independent Charge) for Stamp and Court Fee, Registration, said the reforms are part of the state's ambitious Vision 2047 plan, with some of the initiatives expected to roll out by March 2026. Currently, it takes 35-40 days after registration for the buyer's name to reflect in revenue records. Soon, revenue officials will be posted at registration offices to verify records before a transaction is finalised. The buyer's name will be updated immediately after registration, giving them instant ownership rights, he said. Jaiswal, a BJP MLA from Varanasi, said another major initiative aims to encourage property owners to formalise tenancy agreements by reducing high stamp duty charges. "Many landlords ..

What to avoid in a will: Unequal shares, coercion, vague language

All of the above can lead to intra-family disputes; anyone making a will who anticipates acrimony should use of a family settlement to pre-empt it

Public sector banks' property e-auctions take a leap under BAANKNET

The new platform has improved the auction success rate to 14.7 per cent, up from 9 per cent under the previous system

Understand the legal and financial implications before gifting property

A registered gift deed transfers property ownership permanently and cannot be revoked unilaterally, unless specifically stated-donors and donees must plan with caution

ED files case in Gujarat over alleged irregularities in Waqf property

The Enforcement Directorate on Tuesday launched multiple searches in Gujarat as part of a money laundering investigation linked to alleged financial irregularities in certain Waqf properties in the state, official sources said. A case has been filed by the agency under the Prevention of Money Laundering Act (PMLA) taking cognisance of a Ahmedabad Police FIR field against one Salim Khan Jumma Khan Pathan, Mohammad Yasar Abdulhamiya Sheikh, Mehmud Khan Jumma Khan Pathan, Fezmohamad Pir Mohammad Chobdar, and Saheed Ahmad Yakubhai Sheikh. They had "illegally" claimed to be trustees of the Kanch Ki Masjid Trust and Shah Bada Kasam Trust, the agency said. About nine premises of the accused and their associates are being raided across Gujarat by the Ahmedabad zonal office of the agency, the sources said. The accused entered into "fraud" lease agreements, extorted rents from tenants, and submitted false affidavits to the Waqf Board. The ED, a federal probe agency, suspects that the accuse

Out of reach? Why buying a home in urban India feels financially draining

According to an investment banker, one should ensure that their EMI doesn't exceed 35 per cent of your monthly take-home income

Gift deed vs will: SC rules in woman's favour after 30-year dispute

Grounds for cancelling a gift deed have to be established before a court, says legal expert

What is the difference between registration and mutation of property?

Proper registration ensures that buyers have legal ownership of their property. Without it, they may face challenges in asserting their rights

Circle rates hike may not 'immediately' hit Mumbai realty market

Across the state, the RR rate has been increased by 3.9 per cent, on average

Proposed circle rate hike to make property costlier in Noida, Jewar

Experts believe potential rise may enhance investor confidence in long run