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June 2, 2017 In Telangana, KCR Government Says Every 5th Land Deal Is Benami
HYDERABAD: Every fifth property registered in Telangana is a benami or proxy deal, according to the K Chandrasekhar Rao government, which has ordered a massive crackdown on government offices quietly registering dubious land transactions. The practice of buying property in the name of someone other than the buyer with black money has been rampant in […]
ALL DEALS August 13, 2016 A benami property can be solely bought for personal benefit
iStockPhoto I had bought a flat and added my wife as a joint holder, but she did not make any payment towards it. In my Will, can I bequeath 100% of the property, or since my wife is the joint holder, only 50%? —Ravindra Gupta As per the provisions of the Benami Transactions (Prohibition) Act, […]
