A legal question that has been put to test time and again before various courts, is whether the rights of nominees prevail over those of successors, in respect of various subjects of nomination, such … READ FULL STORY
There is no doubt that since May 1, 2016, when the Real Estate (Regulation and Development) Act, 2016 (RERA) came into force, the Indian real estate market has taken a giant step in the … READ FULL STORY
The Apartment Owners Association (AOA) can provide valuable services for all the residents and represent its interests and even settle disputes. However, all of this is possible, only if the association is registered under … READ FULL STORY
Amid an economic slowdown caused by the Coronavirus pandemic, most prospective buyers have postponed their home buying plans, because of the uncertainty around income and employment. While it is true that the pandemic has … READ FULL STORY
When you book a property, the builder generally issues an allotment letter. The actual agreement may not be executed immediately. The agreement to sell, may, in fact, be executed after years, in some cases. … READ FULL STORY
It is well known that real estate in Mumbai is one of the most expensive in the world. The stamp duty, including metro cess, payable on a deed of transfer or conveyance or sale … READ FULL STORY
It is conventional wisdom that the Indian state enjoys the power of ‘eminent domain’, which refers to the power of the sovereign to acquire private immovable property for public use, provided the public nature … READ FULL STORY
An integral part of property transactions is its registration – a procedure that establishes a buyer’s legal ownership on the immovable asset. This is why all home buyers should be familiar with the norms … READ FULL STORY
Given a choice, a majority of home buyers may prefer an independent home, built on a plot that they have purchased with due diligence. From an investment perspective also, investing in land makes more … READ FULL STORY
In addition to making an informed decision, property buyers are also working out the best mode of acquiring their immovable assets. Whether it’s choosing the best financing option for tax benefits or directly dealing … READ FULL STORY
Passing on the assets of a person after his/her death, involves several critical issues, especially if it involves the inheritance of property. Therefore, it is important to understand the various inheritance laws, to avoid … READ FULL STORY
A division bench of the High Court of Delhi (High Court) by judgment dated September 4, 2019 in Messrs M3M India Private Limited & Anr v. Dr Dinesh Sharma & Anr (CM (M) 1244 … READ FULL STORY
Buying a property is not just about paying the money and taking possession of the unit. The process and the documentation involved in the transaction, is complicated and is often beyond the comprehension of … READ FULL STORY
