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What is conveyance deed?

 When buying a house, you must have come across the term Conveyance Deed. The deed comprises several elements which bind it legally before the law and serves as proof in case of any future conflict. But do you know what it means and why it is important in real estate? Key of Dream answers the questions. In the wake of an increasing number of fraudulent confiscations and property transfers reported in the past, it is essential to have a conveyance deed that lawfully safeguards your rights. But before we define a conveyance deed, let us understand the terms: 'deed' and 'conveyance'. A deed is a legal document written, sealed and delivered by the parties (buyer and seller) involved in a contract. The document contains legally valid terms enforceable in a court of law. Hence, a deed must be in writing and signed by both the parties involved. There are different types of deeds, such as conveyance deed, gift deed, trust deed, mortgage deed, hypothecation deed, release deed...

Key factors encouraging investment in Indirapuram, Ghaziabad

  Witnessing tremendous growth in the last decade, Indirapuram has come a long way in terms of infrastructure, civic amenities, and housing demand. The area boasts of an ample supply of ready homes and has emerged as one of the sought-after localities in Ghaziabad. Check out the key growth stimulators that continue to encourage investment in Indirapuram! About seven to eight years ago, the residential societies in Indirapuram  had a few takers since the infrastructure was still in the developing phase. Moreover, the distance from the central parts of Delhi was also a concern for prospective homebuyers. Yet, over a period of time, the fortunes of this area have changed. With the rapid development of infrastructure and improved connectivity, Indirapuram has become one of the fastest-growing areas in Delhi NCR. The area is especially popular with end-users working in different parts of Noida. A residential and rental hotspot Indirapuram has emerged as a self-sufficient area with ...

How to obtain a duplicate copy of a lost sale deed?

  A sale deed is an important proof of property ownership. It comprises vital details required to carry out the sale or purchase of a property. But what if you lose this document? The good news is that you can get a duplicate copy of the sale deed by following certain simple steps. A sale deed  is a crucial document that establishes the ownership rights of a property. No property transaction can take place unless the seller furnishes the original documents. Considering the importance of a sale deed, there are certain provisions for obtaining a certified duplicate copy of the sale deed in the event of loss or misplacement. To apprise, the owner of a property needs to furnish a bond of indemnity to obtain a duplicate deed. Steps to follow to obtain a duplicate copy of a lost sale deed File an FIR The first thing you need to do is to visit the nearby police station and lodge a First Information Report (FIR), mentioning details of the property. An important point to note here is t...

All about ‘setback’ in residential buildings

  Construction is a technical subject with a multitude of confusing terms and requirements. Setback is one such term, which most people are not aware about. This article attempts to demystify the concept and explain the significance of 'setback' in the real estate industry. Setback can be explained as the minimum open space  required around any building or structure. Municipal regulations provide that a specific distance should be maintained between a building and the boundary of the plot on which the building is being constructed. This distance is necessary to ensure so that the structure stays away from roads, water bodies or other buildings. Setbacks in buildings are required at their front, rear and sides, and the specifications vary from one area to another. What is the importance of a setback in buildings? To ensure all buildings receive adequate natural light To ensure sufficient ventilation To protect entities such as water bodies located close to a building from being...