The Telangana government, on September 18, 2018, asked all builders and developers who have obtained permissions for real estate projects on or after January 1, 2017, to get their projects registered with the concerned … READ FULL STORY
City-based consumer body Mumbai Grakah Panchayat (MGP) has filed a complaint with the MahaRERA, seeking to penalise Navi Mumbai’s planning agency, the City and Industrial Development Corporation (CIDCO), for advertising 11 housing projects without … READ FULL STORY
Stamp duty is a compulsory obligation payable on the document which encapsulates the transfer of immovable property, such as real estate. Home buyers are required to pay this when registering the agreement for sale. … READ FULL STORY
When it comes to giving out their property on rent, owners’ concerns generally revolve around the quantum of rent to be charged, tenant’s ability to pay, queries pertaining to the lease agreement, lock-in period, … READ FULL STORY
Anubhuti Roy, a fashion designer from Gurgaon, feels that the Goods and Services Tax (GST), has failed to fulfill its purpose in the housing market add has made houses costlier. “GST was supposed to … READ FULL STORY
The Real Estate (Regulation and Development) Act, 2016 (RERA), which is meant to safeguard the rights of the home buyers and provide speedy redressals, has faced significant hurdles in its own implementation, ever since … READ FULL STORY
While the Real Estate (Regulation and Development) Act (RERA) has mandated that developers have compulsory title insurance, it is imperative to understand why the issues related to unclear land titles, have not been addressed. … READ FULL STORY
Income tax laws mandate a minimum holding period, before an owner sells his/her residential house, to avail of tax benefits. Let us analyse the various provisions, under the Income Tax Act, to understand the … READ FULL STORY
The Haryana government has collected revenue of over Rs 4,265.18 crores, as stamp duty and registration fees during the period from April 1, 2017 to March 31, 2018, as against Rs 3,260 crores in … READ FULL STORY
A separate office for cooperative housing societies will be set up, to expedite issues related to registration, deemed conveyance, redevelopment, land ownership and the like, Maharashtra’s cooperation minister, Subhash Deshmukh announced on April 9, … READ FULL STORY
Selling a home requires as much due diligence as buying one, to ensure that there are no disputes and to get the proper return on investment. While legal and taxation aspects are the two … READ FULL STORY
While policy changes like demonetisation, the Real Estate (Regulation and Development) Act (RERA) and the Goods and Services Tax (GST) may have caused a temporary slowdown in the real estate market, the long-term impact … READ FULL STORY
With many cases where real estate developers have handed over apartments to buyers without registering the flats, particularly in cities like Noida, Greater Noida and Ghaziabad that are part of the National Capital Region, … READ FULL STORY
