Bombay HC fines MHADA for usurping land in Juhu
The Maharashtra Housing and Area Development Authority, along with a private trust and two societies, were fined Rs 2 lakhs each by the Bombay High Court, for trying to illegally usurp two plots in suburban Juhu, reserved for open garden space
Will property prices crash in India due to the Coronavirus outbreak?
The developer community in India has been in a tizzy after union minister of commerce and industry Piyush Goyal on June 3, 2020, said builders needed to sell housing projects at reduced prices and let go of the high-priced unsold stock. Will prices fall?
Sunita MishraOct 2020
Loan moratorium: SC allows centre to waive compound interest, asks for action plan on November 2, 2020
The RBI had permitted all banks to allow a moratorium of six months, from March 1, 2020 to August 31, 2020. This applied to all term-loans. Given that the worst of times may not be over for many borrowers, many are in favour of extending the moratorium till December 31, 2020. The Supreme Court has extended the interim order on the moratorium till October 5, 2020
Sneha Sharon MammenOct 2020