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
The Supreme Court delivered a historical decision, on July 23, 2019, in the case of Amrapali Group of Companies, which has wider ramifications for home buyers across the country. Let us discuss the decision … READ FULL STORY
In commercial real estate lease negotiations, a ‘tenant improvement allowance’ is a grant or a concession given by a landlord to the tenant, for making renovations or doing additional construction in the premises, which … READ FULL STORY
A contractors method of valuation for a commercial property can be very useful in cases where an unusual property comes up for sale or lease. This method is of immense use to contractors, investors … READ FULL STORY
What is land banking and how does the business of land banking work? Land banking is the practice of aggregating parcels or blocks of land at current market rates or lower, for future sale … READ FULL STORY
If you are planning to shift from your existing property and start business operations in a new one, you may be confronted with the dilemma of whether to buy or lease the new property. … READ FULL STORY
Ria (31), a media professional in Mumbai, takes nearly three hours every day to commute for work. Professionals like Ria often contemplate renting a house closer to their workplace, so that they can cut … READ FULL STORY
Stamp duty is a state subject and is administered by the respective states. The government of Maharashtra, on March 1, 2019, announced an amnesty scheme with respect to the penalty that can be levied … READ FULL STORY
The real estate market has, on numerous occasions, witnessed the launch of projects in the SEZ, retail, luxury housing or even affordable housing segments, without any market rationale. This has often led to oversupply … READ FULL STORY
Karnataka chief minister HD Kumaraswamy, on June 13, 2019, launched 118 websites that would enable citizens to get building plan approvals, diversion of land use change and other related permissions through online submissions, avoiding … READ FULL STORY
Our means and ways of communication have expanded drastically, in the second half of the 20th century, mainly due to technological advancements and the invention of the computer. Due to this, the way we … READ FULL STORY
What if your house is transformed into a glitzy film set one day, abound with artsy furnishing, props and your favourite stars? While this may be exciting, several risks also exist. Finding overturned settees, … READ FULL STORY
When a landlord lets out his home on rent, or when a tenant occupies a rental home, such activities fall under the ambit of the Rent Control Act. Each state has its own Rent … READ FULL STORY
