Finance : The guide explains how property taxes, rental income, and capital gains apply at different stages of ownership. It highlights key ...
Corporate Law : Joint Venture Disputes Between Landowner and Developer Fall Outside the Ambit of RERA: MPREAT in Bhopal Development Authority vs. ...
Corporate Law : The High Court held that RERA execution powers cannot extend to unilateral cancellation of registered sale agreements. The key tak...
Corporate Law : The Act was introduced to tackle project delays, lack of transparency, and misuse of funds, granting homebuyers strong statutory r...
Corporate Law : A summary of the legal boundaries for monetizing car parking in AP residential projects. Open, stilt, and basement parking are com...
Corporate Law : Explore discussion paper on real estate insolvency reforms, including RERA registration, separate bank accounts, and asset exclusi...
Corporate Law : Learn how to register as a real estate agent with HRERA Panchkula. Follow these step-by-step instructions for online registration,...
Corporate Law : Real estate agents are essential element of real estate sector, who connect allottees and promoters and facilitate most of the rea...
Corporate Law : The Real Estate Regulation & Development Act, 2016 (RERA) was passed in the Parliament in March 2016 & it came into effect...
Corporate Law : Haryana Real Estate Regulatory Authority (HRERA) have ordered 17 Builders, to refund Rs. 50 Crores to the homebuyers of various co...
Corporate Law : Jacob P P Vs Alka Ventures Pvt Ltd (NCLT Kochi) Homebuyers in the SKYWINGS Township Project filed a petition under Section 7 of th...
Corporate Law : NCLAT Delhi held that order directing vacation of premise granted under leave and licence agreements granted by Corporate Debtor d...
Corporate Law : The Bombay High Court directs MahaRERA to restore hybrid hearings and create transparent processes, citing a Supreme Court precede...
Corporate Law : Madras High Court rules real estate developers must secure 2/3rd buyer consent for major plan alterations, quashing unilateral app...
Corporate Law : Dive into the NCLAT judgment on the implications for homebuyers under RERA, analyzing Section 7(1) of the IBC and the distinction ...
Corporate Law : Rajasthan RERA extends QPR penalty implementation to May 1, 2025. Order details & compliance info for promoters. No further extens...
Corporate Law : MahaRERA announces temporary unavailability of the complaint module from 20-31 Aug 2024. New system MahaCRITI to launch post 31 Au...
Corporate Law : Explore MahaRERA's proactive approach to quality assurance in real estate, focusing on prevention and rigorous standards. Submit y...
Corporate Law : Delve into MahaRERAs discussion paper regarding the operation of bank accounts for registered real estate projects. Learn about pr...
Corporate Law : Discover MahaRERA's initiative to regulate Retirement Homes in Maharashtra, ensuring adherence to physical standards for senior ci...
In case the promoter fails to register the said project or there is a breach committed by him/her, there will be a penalty imposed on him up to the extent of 10% of the estimated cost of the project.
The BDA now has jurisdiction over 544 localities. A real estate project under the jurisdiction of the BDA is regarded as illegal or unauthorised if it lacks BDA approval.
Stay informed about the latest developments in real estate regulations in Maharashtra. MahaRERA approves the Model Allotment Letter in compliance with Section 4(2)(g) of RERA. Explore the key highlights, including the format, cancellation terms, and customization options for promoters. Ensure compliance with the Model Allotment Letter to avoid rejection of registration applications. Stay updated with the legal aspects of real estate in Maharashtra.
Explore the binding effect of resolutions passed by Apartment Owners Associations in Karnataka under the Apartment Ownership Act, 1972. Understand the governing statutes, the nature of decisions, and adherence to Act, Declaration, and Bye-Laws. Get clarity on the enforceability of resolutions and the importance of compliance with voting percentages and Bye-Laws for legal validity. Stay informed on the legal aspects surrounding apartment ownership.
An Occupancy Certificate is a document that declares a commercial or residential building ready for occupation. It is issued by the local authority to the developer within 30 days of application, certifying that the building has been constructed according to the approved plans and is in compliance with the local state laws.
Section 6 of RERA allows for extension of registration of a real estate project originally granted under Section 3 by way of an application by Promoter made on the grounds of force majeure provided that there is no default by promoter.
There arose a confusion with regard to the applicability of the provisions of RERA and their overriding effect in case of conflicting provisions with pre-existing legislations.
One of RERA’s most important features is that the Promoters are required to register the project with the particular state’s real estate regulatory authority before advertising, marketing, selling, booking or offering the real estate project for sale.
Unlock the secrets of Floor Space Index (FSI) or Floor Area Ratio (FAR) in construction projects. Understand the FSI meaning, formula, and calculations. Explore its significance in determining land value and construction potential. Learn about Premium FSI and its impact on permissible construction. Discover examples of FSI in different cities like Delhi, Kolkata, Chennai, Bangalore, and Hyderabad. Stay informed to make informed decisions in real estate development.
Explore the constitutional validity of West Bengal Housing Industry Regulation Act, 2017, in light of the Real Estate (Regulation and Development) Act, 2016. Delve into the case analysis of Forum for People’s Collective Efforts (FPCE) & Anr v. the State of West Bengal & Anr. Understand the legal issues, arguments, and the court’s judgment. Stay informed about the regulatory landscape in the real estate sector.
