SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Property Dictionary

Conveyance Deed

29 Apr 2026

A Conveyance Deed is a legal document that records the transfer of ownership from the builder-promoter to the co-operative housing society upon formation of the later. According to the Maharashtra Ownership Flats Act (MOFA) 1963, the builder must transfer the ownership of land and building to the co-operative housing society within four months of formation of the society. It is a critical document that establishes the rightful ownership of the co-operative housing society for redevelopment projects.

Saat-Baara-Utara

28 Apr 2026

The Saat-Baara-Utara is the regional term for 7/12 Extract Document in Maharashtra. The document is maintained by the Revenue Department of the state for the purpose of tax collection. It is issued by the Tehsildar or the concerned land authority. It is an important indicator of the legal status and includes information pertaining to the ancestral history of the land, i.e., past disputes, litigations, court orders, etc. For agricultural land, this extracts also records the types of crop grown on the land in the past.

Saat-Baara ( 7/12 extract)

27 Apr 2026

The 7/12 extract is a document that displays details about a said piece of land such as survey number, total area, boundaries, and ownership history. It is a combination of two forms; Form 7 which contains details of the land owners and his rights and Form 12 which lists specifics about the land type and usage.

Property Indexes

24 Apr 2026

As per Section 55 of the Registration Act 1908, four types of indexes are to be made and maintained by the registering officers. Index I & II these are prepared for the transfer of immovable properties with the use of instruments such as conveyance deed, sale deed, gift deed, leave and license agreement, etc, Index III is prepared for the execution of a Will and Index IV is prepared for other miscellaneous instruments such as documents related to moveable properties.

Double Glazed Unit or Window

23 Apr 2026

A double glazed unit refers to a sealed unit consisting of two panes of glass, a metal spacer that runs between the two panes on the periphery, and an inert gas or nitrogen-filled cavity between the two panes of glass. These units are most commonly used for windows. The cavity in the unit should filled with a gas that is completely moisture-free, as otherwise it can condense into droplets and obscure the view. The gap serves to provide both heat and sound insulation.

Load Bearing Wall

22 Apr 2026

A load-bearing wall in a building is one that fulfils the function of providing support for the building and other elements such as beams, vaults, lintels, pillars, columns, etc. The materials most often used to construct load-bearing walls in large buildings are concrete, stone, block, or brick. These walls are usually more than 30 centimetres wide. When carrying out renovations, it is important not to tamper with the structure of the load-bearing wall as doing so could damage the stability of the building.

Sill or Window Sill

21 Apr 2026

A window sill is a horizontal surface or structure at the bottom of a window or opening. Often made of stone, it serves as a base on which to fix the window. It must be constructed to prevent leakage of water into the building.

False Ceiling

20 Apr 2026

False ceilings are secondary ceilings that are hung below the main ceiling with the help of suspension cords or struts. These ceilings are created from a wide range of materials such as POP (plaster of Paris), gypsum board, asbestos sheets, particle board, aluminium panel, wood etc. They are also known as dropped ceiling or suspended ceiling. False ceilings can be created to regulate temperature, install lights, conceal electrical cables and pipes or simply for aesthetic purposes.

Joint Tenancy

17 Apr 2026

Joint tenancy occurs when two or more people hold title to real estate jointly, with equal rights to enjoy the property during their lives. If one of the partners dies, their rights of ownership pass to the surviving tenant(s) through a legal relationship known as a right of survivorship. Tenants can enter into a joint tenancy at the same time. This usually occurs through a deed.

Sole Ownership

16 Apr 2026

Sole ownership can be characterized as ownership by an individual or entity legally capable of holding the title. The most common sole ownership is held by single men and women, and married men or women who hold property apart from their spouse, and businesses that have a corporate structure allowing them to invest in or hold interest in real estate.