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Property

Bare shell

A bare shell refers to the state of a property after construction has been completed, and basic building services have been installed. This includes flooring options such as tiles, mosaics, cement, or granite, as well as plastered walls. Additionally, a bare shell may also include functional pantry and toilet facilities.

Freehold

Freehold refers to the complete ownership of a property without any time limitations. This is often used to describe a property that is held in fee simple absolute in posses...

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Private treaty

One of the most frequently used ways of selling real estate is through private negotiations between the seller and potential buyers, or their representatives. This process i...

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Urban centers

In the realm of urban development, cities were traditionally categorized into groups, namely A, B, and C. As part of this classification, a limit was imposed on the maximum ...

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Indian Stamp Act, 1899

In the realm of finance, there exists a legal statute that mandates the payment of stamp duty for all real estate transactions to the local government. The amount of stamp d...

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