West Bengal's Land Reforms Act of 1955 aimed to redistribute land, secure tenant rights, and regulate rents, improving peasant lives. However, implementation challenges and criticisms persist.
The High Court reviewed a rejected petition regarding land acquisition for National Highway No. 29, determining compensation amounts and land ownership structures.
West Bengal's Directorate of Land Records maintains Mauza maps. Certified copies are available at BL&LRO offices. The Banglarbhumi app offers easy access to land records and plot details.
GST applicability on renting residential properties in India changed on July 18, 2022, with 18% GST now applicable on rentals to registered persons, paid under Reverse Charge Mechanism (RCM).
The article elucidates the applicability, benefits, required documents, registration process, and potential penalties associated with the BOCW Act in Punjab.
Telangana's property registration process involves online document submission, e-KYC, and Aadhaar verification. Buyers must pay stamp duty and registration fees, ranging from 0.5% to 5% of the property value.
This article explores capital gains tax on land sales, calculations, and exemptions under Section 54F, Capital Gains Account Scheme, and tax-saving bonds like REC.
The Kerala Shop and Establishment Act, 1960, ensures businesses are legal and employee rights are protected. It covers registration eligibility, process, and key regulations.
Converting agricultural land to residential or commercial in India requires navigating state-specific laws and obtaining approvals from revenue or planning authorities. The process involves fees and extensive documentation, with timelines varying by state.
Amendments to GST regulations now make renting residential properties to GST-registered individuals taxable, effective July 18, 2022, impacting reverse charge mechanisms.
India's real estate market is booming. TDS applies to property transactions exceeding ₹50L. Buyers must deduct 1% TDS, deposit it with the Income Tax Dept.
The Maharashtra Apartment Ownership Act of 1970 establishes legal rights for apartment owners, including transferable and heritable ownership. It also facilitates the formation of associations to oversee residential welfare and rights.
Gurugram's DTCP warns architects & engineers of tough measures, including FIRs & license revocation, for building flaws after final inspection.
Maharashtra plans to issue property cards to apartment owners in MahaRERA-registered projects. These cards will detail carpet area, utilities, loan info, and land extract.
The Maha Vikas Aghadi government extends the stamp duty exemption period for investors reselling property, aiming to boost real estate and construction sectors.
UP-RERA to launch microsite for developers to report procedural delays with authorities, aiming to reduce project completion times and homebuyer suffering.
Noida Authority is developing a policy for mandatory structural audits of buildings before and after handover, placing responsibility on developers and AOAs.
Homebuyers can now check details of project and developer complaints on the MahaRERA website, enhancing transparency and aiding informed decision-making.
UP RERA imposes Rs 1.4 crore penalty on nine developers for non-compliance with orders at its 84th meeting. The Authority aims to protect homebuyers and ensure developers adhere to regulations.
MahaRERA has issued recovery warrants worth Rs 633 crore against errant builders in Mumbai, Pune, and Thane to protect homebuyers' investments.
MahaRERA's new circular mandates promoters to submit certificates to track project status, increasing transparency for home buyers.
Karnataka Govt Slashes Property Guidance Value by 10% for 3 Months
MahaRERA has listed over 3,400 real estate projects as lapsed due to delays, limiting developers from selling until extensions are approved by stakeholders.
Real estate developers must now disclose their mortgage or loan status to CERSAI. This move aims to increase transparency and protect home buyers from potential legal complications.
GNIDA prohibits plot subdivision and mandates development fee payment. Smart village project gets approval. Industries can purchase FAR on remaining plots.
