Property purchase can be a tedious process. Not only is there a lot to take into consideration before making a final decision, it is also necessary to verify whether or not all the required … READ FULL STORY
A commencement certificate (CC) is a legal document that every developer has to obtain before starting construction of their real estate project. The CC is issued by the local body, which is responsible for … READ FULL STORY
A commencement certificate is a document from the local municipal authority that permits the developer to begin construction of the project. The commencement certificate (or CC) is usually granted, only after the developer has … READ FULL STORY
The Bombay High Court, on October 11, 2017, vacated its order prohibiting the Thane and Pune civic bodies from issuing occupancy and commencement certificates, to new constructions in some areas of the two cities, … READ FULL STORY
The transition to the new realty regulatory framework under the Real Estate (Regulation and Development) Act (RERA), is expected to slow down new project launches and increase the working capital requirements of developers, thus, … READ FULL STORY
The Thane Municipal Corporation (TMC), in an affidavit submitted on June 9, 2017, before a division bench of the Bombay High Court of chief justice Manjula Chellur and justice NM Jamdar, said that the … READ FULL STORY
A division bench of the Bombay High Court, comprising chief justice Manjula Chellur and justice Girish Kulkarni, on May 5, 2017, restrained the Thane Municipal Corporation (TMC) from granting commencement certificates for any new … READ FULL STORY
There are several abandoned and derelict under-construction projects in Mumbai, Navi Mumbai and Thane. For instance, in October 2009, Ajay Singh (name changed on request) invested in a 3-BHK, of a 16-storeyed under-construction project … READ FULL STORY
Timely possession remains a major concern for home buyers, who opt for under-construction properties. On the other hand, owing to high real estate prices, home buyers are often forced to opt for under-construction projects, … READ FULL STORY
