Property rights and inheritance laws of India, plus additional reports

For PropertyGuru’s news roundup, property inheritance in India can be complex because of diverse cultural and religious backgrounds. In other updates, the former governor of the Bank of Japan said multilateral development banks (MDB) and developed countries should provide more support to the Philippines and other Pacific Island countries’ climate change adaptation efforts. Lastly, many neighbourhoods in Singapore have certain qualities that attract people to call these places home; a prime location, comprehensive facilities, a secure neighbourhood, and easy access to public transport are often at the top of the list of criteria.

Property rights and inheritance laws in India

In India, property inheritance holds immense significance since it relates to protecting lineage and legal rights of heirs over assets and wealth after the owner’s death. Property inheritance in India can be complex because of diverse cultural and religious backgrounds. There are laws such as the Indian Succession Act 1925 and the Hindu Succession Act 1956, which lay down several provisions ensuring the fair distribution of assets and property. It also prevents the possibility of property-related disputes and ensures all heirs get equal rights to inherit property. Housing.com discusses in detail the rights of legal heirs and all about property inheritance laws in India.

Developed nations urged to boost support for PH climate adaptation

Multilateral development banks (MDB) and developed countries should provide more support to the Philippines and other Pacific Island countries’ climate change adaptation efforts, the former governor of the Bank of Japan said on 19th November.

“The Philippines, as well as Pacific Island countries, have been affected seriously by global warming, sea level rise, frequent typhoons, devastating the countries and so forth,” Bank of Japan former governor and senior fellow of the National Graduate Institute for Policy Studies Haruhiko Kuroda said during the first day of the 2024 Bangko Sentral ng Pilipinas-International Monetary Fund (BSP-IMF) Systemic Risk Dialogue here.

“So, in that sense, in those countries which are seriously affected by global warming and sea level rise, I think adaptation is quite important and must…. again not only multilateral development banks but also the bilateral aid by developed countries should be directed to adaptation efforts by developing countries like the Philippines and Pacific Island countries,” he said in the PNA article.

For this month alone, a series of powerful tropical cyclones hit the Philippines.

What makes a neighbourhood feel like home? Insights from Singapore’s top developers

Many neighbourhoods in Singapore have certain qualities that attract people to call these places home. For residents of Bukit Timah, the district’s tranquillity and relative seclusion make the idea of living anywhere else seem unthinkable. On the other hand, those who prefer a more vibrant, city-centric lifestyle may be drawn to Downtown Core.

Finding the perfect residence that ticks all the boxes can feel overwhelming. A prime location, comprehensive facilities, a secure neighbourhood, and easy access to public transport are often at the top of the list of criteria.

It’s common to assume that a prime benefit, such as proximity to an MRT station, might mean sacrificing other desirable features. But this doesn’t have to be the case. Whether you’re looking for upscale surroundings, top-notch facilities, or easy access to schools and local amenities, there’s a neighbourhood in Singapore where all these are within reach.

PropertyGuru Singapore provides insights from the top developers and developments honoured at the 14th Asia Property Awards Singapore that have discovered the magic touch that transforms a location into an ideal residential environment for diverse residents.

The Property Report editors wrote this article. For more information, email: [email protected].