Real estate continues to be the preferred asset class for investment and nearly 50 per cent of prospective customers are expecting prices to rise in coming months due to strong demand during festive season, … READ FULL STORY
An unregistered agreement to sell is not admissible as evidence in a permanent injunction suit, the Supreme Court has ruled. In an order delivered on September 23, 2022, the apex court said that such … READ FULL STORY
Over 11,000 flats across embattled Amrapali Group’s various housing projects will be delivered within two to three months, the Supreme Court was informed on September 23, 2022. Of this over 5,000 units are likely … READ FULL STORY
Gone are the days when landlords and tenants in big cities had to visit notary offices, for drafting rent agreements. Now, with various platforms allowing facilities to create rent agreements online, landlords and … READ FULL STORY
After Andhra bifurcation, Hyderabad has seen large scale developments that make it a perfect place for people to work and to live. Finding employment is anyhow not difficult in this city also known as … READ FULL STORY
E Sampada online portal To provide affordable accommodation to people employed in service of the government of India or the NCT Delhi, the Directorate of Estates and Central Public Works Department (CPWD) maintains General … READ FULL STORY
Why does India’s real estate sector go through a complete lull during the 15 days of Pitra Paksha throughout the country? Is there a written rule prohibiting property investments? Or, is it one of … READ FULL STORY
The draft Delhi Master Plan-2041 (MPD-2041) is likely to be notified by April 2023, the Delhi Development Authority (DDA) has told the Supreme Court. Before that, the MPD-2041will be placed before Delhi Development Authority’s … READ FULL STORY
The order by the Karnataka AAR follows a circular issued by the Central Board of Indirect Taxes and Customs (CBIC) on August 3, 2022, which said plot sale does not attract GST even if … READ FULL STORY
Mutation of property is done only for fiscal purposes and it has no impact on the validity of property’s ownership title, the Uttarakhand High Court (HC) has ruled. “It only enables the person in … READ FULL STORY
Owners who have rented their property to educational institutes registered under Section 122A of the income tax law, are liable to pay 18% GST on their rental income, the Authority of Advance Rulings – … READ FULL STORY
The Delhi Bench of the National Company Law Tribunal (NCLT), on September 20, 2022, admitted a petition to initiate insolvency proceedings against Noida-based Ajnara India Ltd. The plea has been filed by 128 home … READ FULL STORY
The Maharashtra government has started property e-registrations and is, reportedly, all set to introduce blockchain. Therefore, it is important to understand what blockchain is and its future in real estate. What is blockchain? … READ FULL STORY
