What is Benami Property?
Recently due to demonitisation of Rs 500 and Rs 1000 notes, other modes of black money circulation are also in news. Real estate (e.g., benami properties) along with gold & jewelery remains one of the most prominent investments through black money. So along with notes demonitisation, we should expect other rulings to track and control their spread.
In the context of real estate, most people are ...