Creating a Portfolio of Rental Properties – How the law can help you in owning and managing them

Passive income from a rental property is a good way to augment your regularincome from a job, business or profession. In India, most property rental transactions are carried out through the leave and licence mechanism. In this system, the property owner is called the licensor while the renter is called the licensee. For reasons of…

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Analyzing Fictitious NOCs in Real Estate: Dera Bassi Case, Registration Act, IPC Consequences, and Judicial Precedents, Emphasizing Accountability in Indian Property Transactions.

The recent incident in Dera Bassi where an estimated 175 properties were registered with fake No Objection Certificates (NOC’s) is the latest in a spate of similar cases. As of this date, four of the culprits have been arrested. Upon the Executive Officer of the district summoning all the property registrations issued in 2023, around…

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