Rustomjee Builders, Property Developers, Real Estate Builders.
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Rustomjee Builders, Property Makers in Mumbai
 
 

Rustomjee Builders are among one of the Property Developers and Real Estate Builders who not only consider the importance of business and at the same time equally bestow tribute to social activities and spreading relevant unprejudiced information to all over the world in all real estate fronts. After acquiring inspiration through spiritual knowledge, Mr. Rustom Irani constructed an educational institution that owns and regulates the Rustomjee International School which is an English Medium High School in Dahisar .Let us have some basic knowledge regarding Compulsory Registration imparted by most reliable Property Developers and Real Estate Builders – Rustomjee Builders .

Compulsory Registration of Documents Section 17 of the Registration Act, 1908This Act lays down different categories of documents for which registration is compulsory. The documents relating to the following transactions of immovable properties are required to be compulsorily registered:

Under Section 2(6) of the Registration Act, 1908 the term "immovable property" includes: "land, buildings, hereditary allowances, rights to ways, lights, ferries, fisheries or any other benefit to arise out of land, and things attached to the earth, or permanently fastened to any thing which is attached to the earth, but not standing timber, growing crops nor grass."

1. Instruments of gift of immovable property.

2. Lease of immovable property from year to year or for any term exceeding one year or reserving a yearly rent.

3. Instruments which create or extinguish any right or title to or in an immovable property of a value of more than one hundred rupees.