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HistoryRERA stands for Real Estate Regulatory Authority and this authority was created to be in control of the unregulated real estate market which often takes the homebuyers for a ride. Hence, the Real Estate (Regulation and Development) Act of 2016 (RERA) was enacted by the Central Government to b...
Have you heard of a builder-buyer agreement? It is the first document which brings the builder and home buyers on a common ground regarding the sale/ possession/ delivery of the project. The BBA or builder buyer agreement format as per RERA lays the terms regarding the layout of the overall pr...
Are you planning to sell or buy an immovable property in India? Are you aware of the property law in India which regulates such transfer of property? A casual ignorance in such matters may result in high financial losses. It should be noted that ignorance of laws, Transfer of Property Act in this ca...
India is a country where land and other natural resources are worshipped. Here, an ordinary man invests his blood and flesh, his whole life, in order to own a piece of land for his family. Then one day, he comes to know that someone else has misappropriated the property and he, although the rightful...
What is a will?A will is a written document through which a person tries to consolidate all his properties at one place and alienates or transfers to his family, relatives or loved ones as per his desire and wish. It is the simplest mechanism to transfer the property from one generation to other wit...
IntroductionOn Friday, 6th November the Central Government has announced easing out the compliances for BPO/ITES industries, especially the Other Service Provider (OSP) regulations so that the employees of these industries can permanently work from home.This a revolutionary step which although was p...
Real Estate Regulatory Authority (RERA)Real Estate Regulatory Authority also known as RERA is an act for promotion and regulation of the real estate sector for the sale of apartment, plot or building in a hassle free manner. It was enacted by the Parliament in May 2016. This act basically aims to se...
You won’t believe the incredibly large number of people that ask me this question, well not exactly in these same words but you get the gist. I am surprised that a large number of our populace is ignorant regarding the stamp duty refund procedure. There are many questions regarding the stamp duty ...
Any minor having a property in his name is accompanied by a Natural guardian or in case any guardian appointed by the court to take care of such minor. a sale of minor's property by guardian can be done by a guardian only with the prior permissions of the court before any such kind of sale or aliena...
REAL ESTATE LAWS: Real estate Regulatory Authority.Real Estate is a vast sector and growing because of the vast urbanization and globalization. It is one of the highest GDP sector of our country. It is providing infrastructure development for the various sector and Housing being one of the basic nee...
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