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...
The provisions of the West Bengal (Regulation of Promotion of Construction and Transfer by Promoters) Act, 1993 (WB 1993) Act impliedly stood repealed upon the enactment of the RERA in 2016, in accordance with Sections 88 and 89 read with Article 254(1) of the Constitution. As a consequence of the declaration by this Court of the invalidity of the provisions of West Bengal Housing Industry Regulation Act, 2017 (WB-HIRA, 2017), there should be no revival of the provisions of the WB 1993 Act, since it would stand impliedly repealed upon the enactment of the RERA.
Since the enactment of RERA, real estate firms have been taking stands that the consumer forum has no right to deal with the complaints of home buyers against them. Often a question is raised before the Courts as to whether the complainant can claim the benefits under the Consumer Protection Act if there is an alternative remedy available.
In 2016, MahaRERA Act was enacted to provide much needed protection specifically to the buyers of real-estate properties. The law seeks to provide such protection through: (1) Ensuring Transparency & (2) Providing Redressal Mechanism The first leg of protection, that is transparency, is achieved by mandatory registration of a real estate project. Registration makes important […]
Farmhouses being built on a 20 acre plot near Sohna are likely to be demolished in a week as the builder started construction without any permission from the Authority. DTCP team visited the site in Bhogpur village and found out that the builder have already laid a network of internal roads, erected electric poles and constructed boundary […]
Guidance and Checklist Under Haryana Real Estate Regulatory Authority (HRERA or Haryana Rera) Haryana is one of the fastest developing states of the country. It is also one of the fastest urbanizing states. Haryana Government is fully committed to facilitate orderly growth of real estate sector and to protect rights of the apartment buyers. It […]
In order to bring a certain level of consistency in the practices of real estate agents, enhance knowledge and awareness of regulatory framework and practices, enforcement of code of conduct and to discourage incompetent agents, it is proposed to introduce Basic Capacity Building and Certification for Real Estate Agents. In this regard, a Steering Committee is being constituted to advise and provide recommendations for implementation ot this initiative. The composition of the Steering Committee shall be as follows:
Bollywood actress Sunny Leone has recently purchased a flat in Andheri, Mumbai for Rs 16 crore. Flat is measuring 4,365 Sq. Ft. Stamp Duty of Rs 48 Lakh was paid. The apartment is on 12th Floor in an under-construction project named ‘Atlantis’ being developed by a realtor named Crystal Pride Developers. The flat has three […]
Whereas in order to give more clarity to the purchasers anti to avoid multiple transactions of Flats/plots, it is necessary to provide the information in the standard Format and thereby providing directions to update the requisite information as soon as sale is concluded or booking is made.
The National Consumer Disputes Redressal Commission (NCDRC) has ordered to refund of the full amount paid by five homebuyers in a residential project in Gurugram and also instructed two Delhi-based builders to pay 9% interest for delay in giving possession of the residential flats. The homebuyers had booked the residential flats in the year 2011 & 2012 […]
It has been decided the provide a format for Legal Title Report. This format is Annexed as Format A and the applicant should upload this format at the place of Legal Title Report in the application for registration of the project.
