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09 March 2017 at 10:58

Government proposes to abolish stamp duty on affordable homes soon

  POSTED BY Rohan Mahajan

Affordable houses may soon be exempted from stamp duty, which varies between 4% and 8% of the transaction value.The Ministry of Urban Development and Housing has made an effort to convince the state government for excluding the stamp duty levied on a

  3 comments |   511 Views


27 February 2017 at 13:38

Industry/Allottee has no right to be impleaded as a party in the compensation matter

  POSTED BY Kumar Doab

Industry/Allotee cannot be participant in a legal dispute if the landowner moves court seeking enhancement of compensation for the property.

  0 comments |   28 Views


02 February 2017 at 15:06

Tri partite agreement and enforcement of security aspects

  POSTED BY shakir sheikh

'Tri-Party Agreement'& Enforcement of security aspect'Tri-Party Agreement'- A tri-party agreement is a business agreement between three separate parties.In mortgage industry, a contract involving the buyer, the primary lender plus

  0 comments |   137 Views


23 December 2016 at 10:55

The Real Estate Act is a game changer - 6 things to know about it

  POSTED BY RSJ LexComply

FEELING TRAPPED?6 ways in which the Real Estate Act will protect you.

  2 comments |   422 Views


22 December 2016 at 17:59

Benami Transactions (Prohibition) Amendment Act, 2016

  POSTED BY Nikita Aggarwal

16 Literally, Benami means �without name�. The Benami transactions are those transactions in which the real beneficiary is not the person in whose name the transaction {particularly purch

  0 comments |   517 Views


30 November 2016 at 11:25

The Benami transactions (prohibition) amendment act - Nutshell

  POSTED BY Raja Mani.K

Object:(1). To define benami transaction(2). To establish adjudicating authorities and an Appellate Tribunal to deal with benami transactions, and(3). To specify the penalty fo

  6 comments |   763 Views


12 October 2016 at 13:31

No Sale by Owner, Clouded Title

  POSTED BY Kapil Chandna

A large number of cases are coming forward wherein a document is registered on the basis of the notarized Power of Attorney. The idea behind transactions on the basis of the notarized power of attorney is to avoid the stamp duty, which later on becom

  2 comments |   627 Views


15 September 2016 at 15:04

Am I a prudent buyer?

  POSTED BY Kapil Chandna

With the rise in the price of the property or getting a good price of the property, the unscrupulous sellers are selling their property to the multiple buyers. The common practice prevailing these days is that the seller enters into an agreement to s

  7 comments |   380 Views


26 August 2016 at 11:56

For acquiring land by Government Authorities they have to acquire land within a reasonable time

  POSTED BY Dr Gubbi

For acquiring land by Government Authorities like, MUDA, BDA, or similar authorities, they have to acquire land within a reasonable time from the date of issue of notification. Otherwise, such notifications can be quashed and declaratory relief can b

  2 comments |   503 Views


30 June 2016 at 11:02

All that you would like to know about the RDDP 2034

  POSTED BY R B Singhvi

All that you would like to know about the Proposed Greater Mumbai Revised Draft Development Plan 2034 (RDDP 2034) The Revised Draft Development Plan 2034 (RDDP) is an OLD WINE IN A NEW BOTTLE with some added flavors and blends. The Revised DP 2034 is

  0 comments |   1341 Views


04 June 2016 at 11:55

Protect your rights

  POSTED BY Kapil Chandna

Since the rise of the prices in the property most of the case are coming forward wherein the parties claiming that the signatures on the documents appears to be mine but the same are not voluntarily given because of the fact that when those particula

  0 comments |   821 Views


17 May 2016 at 10:40

Ten Points You Must Know About Real Estate (Regulation and Development) Bill, 2016

  POSTED BY Prerana

Real Estate (Regulation and Development) Bill, 2016:Real estate sector has been a highly unorganised sector paving way for many corrupt activities, defaults and delays much to the dismay of real estate property buyers. There was a compelling need to

  6 comments |   1672 Views


16 May 2016 at 12:25

MOFA is scrapped / Repealed by RERA

  POSTED BY Dr Sanjay Chaturvedi

The Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963, popularly known as MOFA was repealed by section 56 of Maharashtra Housing (Regulation & Devel

  17 comments |   1324 Views


04 May 2016 at 17:50

All buildings which have not got OC will have to take license from RERA

  POSTED BY Dr Sanjay Chaturvedi

All buildings which have not got OC will have to take license from RERABy Advocate Dr Sanjay Chaturvedi, LLB, PhDUnder Real Estate (Regulation and Development) Act 2016, it is mandatory to register all ongoing real estate projects. Let us understand

  11 comments |   1292 Views


14 March 2016 at 10:55

Real estate (Regulation & Development) Bill - 2013

  POSTED BY Anurag Tiwari

INTRODUCTIONThe real estate sector plays a catalytic role in fulfilling the need and

  10 comments |   1370 Views


31 December 2015 at 13:24

A few additional advantages in favour of Real Estate Buyers added by cabinet on the recommendation

  POSTED BY Sushil Aggarwal

A few additional advantages in favour of Real Estate Buyers added by cabinet on the recommendation of select committee of Rajya SabhaThe Real Estate is one of the globally recognized sectors in India and second largest employer after agriculture and

  9 comments |   1725 Views


28 December 2015 at 11:00

Is your Property Safe? (Maharashtra, India)

  POSTED BY Adv. Yogen Kakade

Is your property safe?Now a days, we read or come across many news about the frauds and cheating in property matters. As property investment is one of the biggest and safest investments in today�s world and for the land owner it is an important

  5 comments |   1002 Views


16 November 2015 at 11:04

FDI in Real Estate - Recent Changes

  POSTED BY Sushil Aggarwal

FDI in construction and development sector in view of easing FDI policiesThe Government of India felt that the country has the potential to attract far more Foreign Direct Investment (�FDI�) and this can be achieved by further liberalizin

  4 comments |   1129 Views


09 November 2015 at 10:41

Legal documents to be checked before buying a property in India

  POSTED BY Adv. Yogen Kakade

Buying a house or flat is a dream coming true for a common man. It always gives immense pleasure to buy your own property. Today�s market is full of hundreds of options depends upon your budget, location or segment. Hundreds of brands of the bu

  9 comments |   3008 Views


28 September 2015 at 10:38

Use of residential premises for professional activities in housing societies

  POSTED BY rajendra b. popat

Issue : Whether dwelling unit [ownership flat] can be used for residence as well as for professional use ? Reply : Regulation 1 & 2 of Development control Regulation, 1991 Definitions of Terms and Expressions under Development control Regulation,

  1 comments |   2775 Views










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