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Posted On : November 10, 2020
Permanent work from Home – Is it the beginning of death of high demand commercial projects?
IntroductionOn Friday, 6th November the Central Government has announced easing out the compliances for BPO/ITES industries, ...
Posted On : September 9, 2020
Real Estate Regulatory Authority (RERA)
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 secure the interest of the buyers and protect them from fraud sellers. Each state set up the Real Esta...
Posted On : July 12, 2020
CAN STAMP DUTY BE REFUNDED?
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 refund process that needs to be answered, allow me to present the information in a Q & A format....
Posted On : June 30, 2020
SALE OF MINOR PROPERTY BY GUARDIAN
Any minor having a property in his name is accompanied by a Natural guardian or in case any guardian appointed by the court t...
Posted On : June 30, 2020
Real Estate Laws
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 needs of Human community the Real Estate sector has been growing day by day. As such in the fast growth...
Posted On : June 30, 2020
what are the Rights and Duties of Aloottee/s under RERA Act
RERA Act prescribes certain rights & duties on the part of allottee/s also. Though Rera act gives protection to the Home buyers it also ensures that home buyers should perform their part of contract, duties and responsibility for the effective implementation of laws.An allottee/s is entitled for getting sanctioned plans, layout plans approved by the competent authority along with specifi...
Posted On : June 30, 2020
How to get compensation from builder under RERA act?
Under sec.18 of the RERA act, If the Builder fails to complete and handover the possession of an apartment, plot or building ...
Posted On : June 23, 2020
RAJASTHAN HIGH COURT ISSUES NOTICE ON EXTENSION OF REAL ESTATE PROJECT TIMELINES FOR COMPLETION
Due to the Covid-19 pandemic the Real estate sector in the country has suffered huge setback. Due to lockdown & after relaxation non-availability of labor has made the real estate sector to come to a standstill. There are thousands of Real estate projects and Lakhs of homebuyers are waiting for the possession of their dream homes. Even prior to the Covid-19 situation the Real Estate Industry h...
Posted On : June 23, 2020
AMENDMENT OF TOWN & COUNTRY PLANNING ACT, 2020 TO BOOST REAL ESTATE IN KARNATAKA
The State Govt. has passed an ordinance on 22nd May 2020 to the TOWN & country planning act. Under the New Amendment act, The Developer shall provide a Provisional plan and Plan of phased development wherein the Developer/Builder can develop the project in three phases. The developer/Builder can develop the first phase with 40% development of the layout and thirty percent in the second phase &...
Posted On : June 23, 2020
CHECK LIST FOR VERIFICATION OF LEGAL DOCUMENTS OF FLAT/PLOT/ SITES
Title Deeds/ Mother Deed of the landRTC/Pahani of landMutation Entry of landIHC CertificateNil Tenancy CertificateFamily tree...
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