Every home buyer or investor in India faces a common challenge, understanding the technical terms that flood every brochure, sale deed, or bank document. Terms like Occupancy Certificate, RERA carpet area, stamp duty, encumbrance certificate, or FSI often sound intimidating, but they are crucial. Each one influences the legality, livability, and long-term profitability of your purchase. In a 2025...
Encumbrance Certificate vs NEC
If you’re planning to buy property in India, chances are you’ve come across the term Non-Encumbrance Certificate (NEC). At first glance, it sounds like complicated legal jargon. But in reality, it’s a pretty straightforward document that plays a massive role in ensuring your dream property doesn’t come with hidden troubles. Put simply, a Non-Encumbrance Certificate is proof that a property is...