Tag Archives: #HUFRealEstate

What is HUF property?

HUF property HUF property refers to the assets and properties owned and held by a Hindu Undivided Family (HUF). In the context of it can include various types of assets, such as: Ancestral Property: Ancestral property refers to property that has been inherited from ancestors and has been passed down through generations within the HUF.… Read More »

Can HUF buy property?

Can HUF buy property Yes, a Hindu Undivided Family (HUF) can buy and own property in India. HUF is recognized as a separate legal entity under Indian law, and it has the capacity to acquire and hold assets, including real estate. An HUF can purchase property for various purposes, such as residential or commercial use,… Read More »