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The Real Estate Dictionary
As a first of many steps of the Doctors Properties Real Estate Education Foundation, we bring forward a comprehensive dictionary of the most commonly used terms in the Indian Real Estate Sector and also, by the Legal & Revenue Department, pertaining to all land transactions. You will find them helpful in your journey to learn about the complex Indian Real Estate sector.
We hope that members of both, the aspiring and the seasoned Real Estate community in the country and those from outside India, will find it useful.
The Real Estate Dictionary
There are currently 18 names in this directory beginning with the letter A.
Abadi Deh
Site of village where predominantly people live and refers to cultivable lands which are inhabited by the villagers.
Alamat
This term will appear during the entry of Shajra Nasb. This normally connotes a persons characteristic. If an owner has alamat as Bandobasti Kabij then that means that the owner was also owner at the time of settlement. In case alamat is Baap Dada Jivit Hai then it means that the owners father/grandfather are alive. These alamat details are to be entered correctly as the processing & printing of Shajra Nasb depends upon this field information. For example__ even if an owners father and grandfather are not alive but entered as alive then the box of the father and grand father will be depicted left to the owners box whereas if this alamat is not there and not filled then owners box will be exactly below the box of his father and fathers box will be beneath the box of owners grand father.
asami shikmi
means a lessee__ whether holding under an instrument or under an oral agreement__ and includes a mortgagee of an asami shikmi's rights with possession__ but does not include a lessee holding directly under Government
Awaal / Doaym / Soyam
Suppose A took loan from B and after mortgaging the land to B then B is known as Mortgagee Awwal if B further takes loan from C after keeping the land mortgaged as security__ which he had taken from A. Then C will be known as Mortgagee Doyam. If C further mortgage the land taken from B to D then D will be referred as Mortgagee Soyam.