Most of the countries in the world loom under the shadow of three major legal frameworks – first is their local legal culture; second, the commonwealth laws; and the third, Federal laws. It is important to see this difference from the perspective of NRI because, as an NRI or PIO most of the people get accustomed to the laws of their current residential countries.Property Dispute Redressal in India still has that colonial hangover over it; it was the time when properties were not hot properties and people were complaining about the devaluation of ancestral property in India. The population of the country was one-third of its present strength.
Let us talk about the phenomenon of Property Dispute Redressal in India a lingered on case in the court for the settlement of the will was not a concern of the worry for the families because properties were not racing against the interest rates. They were not in the race to become the first property in the area that can create a hot spot or the central spot. NRI’s were least worried about devaluation of ancestral property in India because the stakes were low. The things drastically changed in the last decade when the natural increase in the population became a population boom. The cases of the devaluation of property by will became more frequent because seized properties were not able to match steps with recession and boom cycle of the real estate in the area. This devaluation finally introduced the concept of Property Dispute Redressal in India, most of the NRI’s find these redressal related laws insufficient. This is where Knowledgentia Consultants can help you.
Property Dispute Redressal in India is a relatively new concept when we check it out in the terms of ancestral properties. After the introduction of new circle rates regime and GST related practices, finally devaluation of ancestral property in India can be calculated in a much logical way where values can be put down in a much more realistic fashion with the example coming from the Commonwealth countries like UK and Australia. We, at Knowledgentia Consultants, help you to handle the issues of the devaluation of ancestral property in India for a better pricing exercise.
Property Dispute Redressal in India somehow follows the antiquated tenancy laws where a rise of 10 percent of 20 percent per annum was sufficient. Forget about the devaluation of ancestral property in India; check the growth of the properties in India. It is not gaining 20 percent; they are gaining momentum with 200 percents in many cases. This is why the process of Property Dispute Redressal in India should be seen from a different angle where your ancestral haveli should be put next to the cases of the Duke’s palace. Hire us, the Knowledgentia Consultants, and handover your property disputes to our competent best hands.
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