Understanding property attachment as defined by the Code of Civil Procedure (CPC) is crucial for real estate buyers in India. It safeguards buyers from legal disputes and ensures secure transactions.
The real estate sector expresses concern over proposed elimination of long-term capital gains indexation benefits, seeing it as a potential hindrance to expansion and increased tax burdens.
Finance Minister Nirmala Sitharaman presents Budget 2024, anticipating focus on affordable and middle-class housing. Industry seeks tax breaks, GST concessions, and incentives for developers and buyers.
Section 106 of the Transfer of Property Act (TPA) governs lease termination in India, outlining notice periods and procedures for landlords and tenants to ensure smooth transitions.
Uttar Pradesh RERA has introduced a new directive regarding possession letters, raising concerns among developers and homebuyers about its implications and impact on long-standing disputes.
HRERA Gurugram imposes Rs 50 lakh penalty on Countrywide Promoters Private Limited for a misleading advertisement of their real estate project Green Oaks.
The Goa State Commission for Protection of Child Rights addresses rights violations at a construction site following a tragic death, demanding immediate corrective action.
MahaRERA orders L&T Realty to return payment with a 2% deduction, following a similar ruling against Godrej Properties.
MahaRERA directed Godrej Properties to refund a homebuyer after cancellation exceeding the 2% permissible deduction as per RERA guidelines, setting a precedent for similar cases.
UPRERA mandates real estate developers to register projects under names on approved maps, sell only by carpet area, and include co-allottees in complaints.
MAHARERA revokes registrations of 13,785 real estate agents for regulatory non-compliance, emphasizing integrity and accountability in the industry.
MahaRERA's conciliation forum boasts a 35-50% success rate in resolving disputes between homebuyers and developers, handling over 1,200 cases since 2018.
The Supreme Court directed Lodha Crown Buildmart to reimburse a homebuyer ₹2.25Cr with 12% interest for a delayed apartment in Lodha Evoq, Wadala, overturning NCDRC's order.
Yashvi Homes Pvt Ltd has been fined Rs 25 lakh by RERA Gurugram for misleading advertisements regarding their Golden Gate Residency project under DDJAY.
The GST Council is expected to clarify that the Real Estate Regulatory Authority (RERA) will be exempt from GST. This decision follows concerns that GST effectively taxes state governments.
Ghaziabad's circle rates, crucial for property transactions and stamp duty, are determined by property type, location, and infrastructure. Check the latest rates online.
MahaRERA and ASCI partner to use AI for identifying non-compliant real estate ads, enhancing transparency and protecting homebuyers' interests.
Mumbai's property tax remains unchanged for the fiscal year 2024, providing relief to homeowners amidst ongoing financial challenges, according to the state cabinet's recent decision.
Karnataka High Court directs state government to recover funds for delayed Bengaluru projects within four months, following homebuyers' grievances over sluggish RERA order execution.
Delhi's air quality crisis has led to a ban on non-essential construction in the NCR. This decision impacts ongoing projects and vehicle regulations amidst severe pollution levels.
Discusses the EIA process, draft notification, and India's environmental clearance procedures for construction projects to minimize environmental impact.
Understanding Stay Orders in Indian Real Estate: Definition, Types, and Consequences
This article explores the property rights of daughters and daughters-in-law in India, detailing changes in the Hindu Succession Act and recent Supreme Court rulings.
Reliance Communications has received NCLT Mumbai's approval to sell parts of its real estate holdings, allowing the resolution professional to divest assets during the insolvency process.
Tenant verification in Ghaziabad is now vital for property owners. It helps prevent illegal activities, ensures property safety, and verifies tenant identities via online and offline procedures.
