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Property Law Articles


Government proposes to abolish stamp duty on affordable homes soon

  Rohan Mahajan   09 March 2017 at 10:58

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 ..


Posted in Property Law  3 comments |   846 Views


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

  Kumar Doab   27 February 2017 at 13:38

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


Posted in Property Law |   489 Views


Tri partite agreement and enforcement of security aspects

  shakir sheikh   02 February 2017 at 15:06

'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 ..


Posted in Property Law |   5938 Views


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

  RSJ LexComply   23 December 2016 at 10:55

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


Posted in Property Law  2 comments |   795 Views


Benami Transactions (Prohibition) Amendment Act, 2016

  Adv Nikita Aggarwal   22 December 2016 at 17:59

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 ..


Posted in Property Law |   1108 Views


The Benami transactions (prohibition) amendment act - Nutshell

  Raja Mani.K   30 November 2016 at 11:25

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 ..


Posted in Property Law  6 comments |   1078 Views


No Sale by Owner, Clouded Title

  Kapil Chandna   12 October 2016 at 13:31

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 ..


Posted in Property Law  3 comments |   886 Views


Am I a prudent buyer?

  Kapil Chandna   15 September 2016 at 15:04

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 ..


Posted in Property Law  7 comments |   577 Views


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

  Dr Gubbi S Subba Rao   26 August 2016 at 11:56

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 ..


Posted in Property Law  2 comments |   744 Views


All that you would like to know about the RDDP 2034

  R B Singhvi   30 June 2016 at 11:02

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 ..


Posted in Property Law |   3765 Views