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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 4 names in this directory beginning with the letter F.
Fak-Ul-Rahin (Redemption deed of Mortgage)
This type of mutation is reverse process of Rahin. Whenever a person who has mortgaged his land want to get it back after paying dues to the mortgagee__ the type of mutation is called Fak-ul-Rahin. It can be of two sub types. Verbal (through Roznamcha) or through Registry. In case of verbal type__ the details include type of Mortgage Serial No. of Roznamcha Waqaiti amount of Mortgage returned etc. In case of Registry__ Deed No. is also recorded in addition to the above information.
Fard
Jamabandi Nakal. A copy of land records of an individual or family containing name of owners__ area of land__ shares of owners and indicates cultivation__ rent and revenue and other cesses payable on land.