Sumit Dewan, aged 24, who came to Mumbai for his training after completing his graduation in architecture, spent two months searching for a rental house, in vain. Everyone refused him a flat, as he … READ FULL STORY
Commercial real estate investment requires large amounts of money and commitment from the buyers. The number of buyers for residential property far outdo the ones for commercial real estate in any country. While there … READ FULL STORY
A committee, which reviewed the Waqf Properties Lease Rules 2014, presented its report to the union minister for minority affairs Mukhtar Abbas Naqvi on January 17, 2019, recommending a slew of changes to bring … READ FULL STORY
There are several factors to consider before taking a building on rent for commercial purposes. These factors must be looked at from all possible perspectives and any lacuna or ambiguity must be sorted out … READ FULL STORY
2018 was the best performing year, historically, for the commercial office segment, with leasing crossing 46 million sq ft, according to a report by Knight Frank India, titled ‘India Real Estate – Residential and … READ FULL STORY
Maharashtra chief minister Devendra Fadnavis, has announced conversion benefits for allotment of CIDCO houses and commercial plots, from leasehold to freehold, so that people can own their properties. The demand was made by public … READ FULL STORY
There are many pitfalls in taking a commercial building on lease. It is imperative to have a thorough understanding of the area and one’s own requirement from the premises. Commercial lease agreements usually involve … READ FULL STORY
Update on March 12, 2019: The government of Maharashtra, on March 1, 2019, announced an amnesty scheme with respect to the penalty that can be levied for insufficient payment of stamp duty made in the … READ FULL STORY
Gross leasing activity in India was recorded at 36.4 million sq ft for the first nine months of 2018, up by 26 per cent year-on-year (YoY), according to the ‘India Office Overview and Outlook, … READ FULL STORY
The Goods and Services Tax (GST) introduced in India in 2017, marked a new chapter in the tax system in the country, making India a single market from the point of view of levy … READ FULL STORY
After protests by residents’ welfare associations, the Noida Entrepreneurs Association (NEA) and more than a dozen other groups, which saw thousands of people coming out on the city’s roads, on October 4, 2018, the … READ FULL STORY
The Madras High Court, on October 1, 2018, restrained the registration department from registering any mortgage deed, involving a portion of a marshland in Chennai by a private IT company, as a security for … READ FULL STORY
A Bombay High Court bench of justices SC Dharmadhikari and Bharati Dangre, on August 16, 2018, dismissed a plea by Mafatlal Industries, which claimed that it was the rightful leaseholder of a plot of … READ FULL STORY
