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Real estate has been part of Manda’s life since childhood. Her family—internationally renowned acrobats who performed across Asia, the Emirates, Europe, and the United States—began investing in real estate in 1983, using their performing careers to build long-term financial stability through property ownership. From an early age, Manda learned that while performing brought excitement, real estate created freedom and generational wealth.
Today, with her real estate license since 2006 and her own investment portfolio beginning in 2007, Manda continues her family’s legacy with dedication, knowledge, and passion.
Manda Mafi is celebrated by clients, developers, vendors, and industry professionals for her unique talents, creative drive, and unwavering diligence in guiding buyers and sellers through the vibrant Houston and Texas real estate markets—supported by his extensive network.
Due to our unparalleled results, expertise and dedication, we rank amongst the Top 6 agencies in Seattle and our area. She is also and is an elite member to Corcoran’s Presidents Council.
With over $2 Billion in sales, Our agency is the industry’s top luxury producer with over 27 years of experience in marketing Seattles’s most prestigious waterfront properties.
With her years of experience, impressive property portfolio, celebrity clientele, and unparalleled knowledge of the market and pedigree estates, Simone estimable business is sophisticated and renowned.
With her years of experience, impressive property portfolio, celebrity clientele, and unparalleled knowledge of the market and pedigree estates, Simone estimable business is sophisticated and renowned.
Liza is recognized by everyone – clients, developers, vendors, and industry professionals – for her unique talents, creative drive, and diligence in assisting buyers and sellers in one of the most scenic and fulfilling places, Park City.
Manda Mafi is recognized by everyone – clients, developers, vendors, and industry professionals – for her unique talents, creative drive, and diligence in assisting buyers and sellers in one of the most scenic and fulfilling places, Park City.
The Registration Act, 1908, the Transfer of Property Act, 1882 and the Real Estate (Regulation and Development) Act, 2016 mandates the registration of an agreement for sale of an immovable property. By registering the agreement for sale of an immovable property, it becomes a permanent public record. Further, a person is considered as the legal owner of an immovable property only after he gets such property registered in his name.
Original Sale Deed/Conveyance Deed: Proof of your ownership of the property.
Encumbrance Certificate: A certificate stating that the property is free from any monetary and legal liabilities.
Approved Building Plan/Sanction Plan: Required if the property is not a vacant plot.
Property Tax Receipts: Proof that all property taxes are paid up to date.
Occupancy/Completion Certificate: Issued by the local development authority upon completion of construction.
Utility Bills: Copies of electricity and water bills to show utility accounts are current.
Capital Gains Tax exemptions typically apply to long-term gains when the proceeds from the sale are reinvested in specific assets within a defined period. Common exemptions include:
Reinvestment in a New Residential House (Section 54): The seller uses the net sale proceeds to purchase or construct another residential property within the specified timeline (usually 1 year before or 2 years after the sale for purchase, or 3 years after for construction).
Investment in Specified Bonds (Section 54EC): Investing the capital gain amount in certain bonds issued by government-approved institutions (e.g., NHAI, REC) within six months of the transfer.
Yes, generally stamp duty is required.
Transfer: Stamp duty is mandatory for any property transfer, as it legally records the change of ownership, even in cases of transfer between family members. The duty is typically calculated on the market value or the consideration amount, whichever is higher.
Gift: A Gift Deed is required to be registered and stamp duty is payable on it. While the rate may be lower than a regular sale deed, or exempt in some jurisdictions for transfers to immediate family (e.g., spouse, children), it is almost always a necessary legal requirement.
In addition to the documents required for the sale (listed above), a buyer will need copies of the following for their own records and loan application (if applicable):
No-Objection Certificate (NOC): From the society/Apartment Owners’ Association.
Allotment Letter: If the property was originally purchased directly from a builder/developer.
Power of Attorney (PoA): If the seller is not the direct owner and is executing the sale through a PoA holder.
Bank Mortgage Clearance Letter (if any): Proof that the previous loan (if any) on the property has been fully repaid and the original documents have been released by the bank.
This depends entirely on the organization’s service level agreement (SLA) or operational capacity. A common and professional response would be:
“We strive to contact all new inquiries within 24 business hours. If your query is urgent, please call our direct helpline number at [Insert Phone Number].” (A more specific answer would require knowing the company this FAQ belongs to.)