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Category: Legal

Home » Must Knows » Legal » Page 38

Property Trends
By Sunita MishraNovember 21, 2022

States to report property deals of over Rs 50 lakh every quarter

In a move to curb unlawful activity in the real estate sector, the finance ministry has asked registration departments in all states to share with it property transactions with value of Rs 50 lakh … READ FULL STORY

Legal
By Sunita MishraJanuary 11, 2023

SC stays Bombay HC order prohibiting feeding of street dogs

The Supreme Court on November 16, 2022, stayed a Bombay High Court order, in which the latter had said those interested in feeding stray dogs should adopt them. While stating that no coercive action … READ FULL STORY

Property Trends
By Ravi SinhaApril 17, 2023

NCLT directs insolvency proceedings against Ansal Properties & Infra

The National Company Law Tribunal (NCLT) has agreed to initiate insolvency proceedings against real estate developer Ansal Properties & Infrastructures (Ansal API).  The decision was based on the petition filed by 126 buyers of “The … READ FULL STORY

Property Trends
By Sunita MishraNovember 18, 2022

NCLT admits insolvency plea against Gayatri Projects

The Hyderabad bench of the National Company Law Tribunal (NCLT) has initiated insolvency proceedings against Gayatri Projects after it admitted a plea filed by State Bank of India (SBI) in the matter. On November … READ FULL STORY

Taxation
By Housing News DeskOctober 12, 2023

Relief for builders as SC upholds HC order on MCGM’s property tax formula

The Supreme Court has upheld the order of the Bombay High Court (HC), in which the HC had quashed the rules framed by the Municipal Corporation of Greater Mumbai (MCGM) for levying property taxes. … READ FULL STORY

Legal
By Sunita MishraApril 2, 2024

Advance payments that homebuyers should never make

Buying homes is a highly emotional and gratifying task. However, it is an equally price-sensitive proposition. It is always possible for the buyer to make wrong decisions along the property purchase process, increasing the … READ FULL STORY

Legal
By Housing News DeskNovember 9, 2022

What is the format of a construction agreement?

A formal agreement known as a “construction contract” is made between the company owner who wants to outsource work and the independent contractor or expert who wants to do the task. In a construction … READ FULL STORY

Legal
By Sunita MishraNovember 7, 2022

Muslim men can’t have multiple wives if they can’t foster them and their children: HC

Muslim men can marry a second time, under the provisions of the Quran, only if they can foster their first wife and children, the Allahabad High Court ruled. Muslim men in India are allowed … READ FULL STORY

Current News
By Anuradha RamamirthamNovember 4, 2022

KDMC to raze 65 projects by builders caught in RERA certificate scam

Kalyan Dombivli Municipal Corporation (KDMC) will demolish all illegal constructions developed by the 65 builders booked in the RERA certificate scam. These developers have already been served notices by KDMC to submit documents within 15 days … READ FULL STORY

Legal
By Sunita MishraDecember 10, 2022

Can an ancestral property be gifted?

While property owners are free to gift their property to anyone they like, the same is not true for ancestral property. In the case of an undivided ancestral property, the ownership is shared and … READ FULL STORY

Legal
By Sunita MishraApril 5, 2023

How Many Times Married Couples do it in India

Even though people are buying their first homes in their early 20s, house ownership becomes important after matrimony. For a more stable setup – who would like to move places every 11 months, right? … READ FULL STORY

Property Trends
By Sunita MishraOctober 20, 2022

CJI-led bench to hold special hearing of Amrapali case on Oct 22

A special bench of Chief Justice UU Lalit will hold a special hearing of the pending Amrapali Group cases on October 22, the Supreme Court said on October 19, 2022. The CJI will also … READ FULL STORY

Legal
By Sunita MishraNovember 7, 2022

Possession enough to prove ownership of property that does not require registration: Karnataka HC

Possession is enough to prove the ownership of a property that does not require registration under the Transfer of Property Act, the Karnataka High Court (HC) has ruled. Section 54 of the Transfer of … READ FULL STORY

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