To formalise a property sale, two crucial documents have to be drafted, executed and then, registered. These documents are the agreement to sale and the sale deed. In this article, we are going to learn … READ FULL STORY
Large-scale reverse migration caused by the Coronavirus pandemic, has once again brought to focus the applicability of labour laws on housing societies in India. A large numbers of workers were left to fend for … READ FULL STORY
A consortium of six public sector banks has agreed to pump in Rs 1,000 crore to complete pending projects of the embattled Amrapali Group, the Supreme Court was informed during a hearing on November … READ FULL STORY
Historically, real estate has been one of the preferred asset classes, to park unaccounted money. Over time, numerous ways were invented, to make the investment appear legal, including sale and purchase of property through … READ FULL STORY
Under the Indian laws, the assets earned by a Hindu or inherited from anyone except his father, grandfather or great-grandfather, are treated as personal assets. As far as personal assets are concerned, you are … READ FULL STORY
Real estate developer Unitech on October 27, 2021, appointed Ashok Kumar Yadav as its chief executive officer (CEO). The decision to appoint Yadav, a retired IAS officer of Haryana Cadre, was taken after a … READ FULL STORY
The Supreme Court, on October 4, 2021, dismissed Supertech’s petition, in which the real estate builder sought only part demolition of its illegally-built twin towers at Noida’s Emerald Court housing project. On August 31, … READ FULL STORY
Under the Indian income tax (IT) laws, an owner is liable to pay taxes to the government, on the sale of their immovable property, based on the holding period and profit earned (known as … READ FULL STORY
After its successful bid to acquire Jaypee Infratech Ltd (JIL) in June 2021, Suraksha Group has deposited Rs 100 crores as a ‘performance bank guarantee’ with the interim resolution professional (IRP) Anuj Jain. On … READ FULL STORY
In what may look like another grim reality check for Indian cities, a recent report on air pollution has ranked New Delhi as the world’s most polluted capital for the third time in a … READ FULL STORY
Among the many expenses that home buyers have to bear, are the transfer charges that cooperative housing societies charge on the sale and transfer of shares and rights to the flats in a building. … READ FULL STORY
A legal question that has been put to test time and again before various courts, is whether the rights of nominees prevail over those of successors, in respect of various subjects of nomination, such … READ FULL STORY
Taking a serious note of violations to the Coastal Regulation Zone (CRZ) norms, the Supreme Court (SC) has followed up with the Kerala state government yet again, to check whether its directions have been … READ FULL STORY