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Tag: Supreme Court

Home » Supreme Court

Must Knows
By Sunita MishraApril 29, 2022

Agreement to sale versus sale deed: Main differences

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

Must Knows
By Balwant JainMarch 27, 2022

Are labour laws applicable to housing societies?

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

Current News
By Sunita MishraNovember 15, 2021

6 PSBs agree to lend Rs 1,000 cr for Amrapali projects

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

Legal
By Sunita MishraNovember 9, 2021

Is property sale through power of attorney legal?

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

Must Knows
By Balwant JainNovember 7, 2021

Rights of a father to sell ancestral property

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

Current News
By Sunita MishraOctober 28, 2021

Ashok Kumar Yadav appointed Unitech CEO

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

Current News
By Sunita MishraOctober 4, 2021

Supertech twin tower demolition: SC dismisses builder’s plea seeking relief

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

NRI
By Sunita MishraAugust 26, 2021

Tax implication on NRIs selling property in India

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

Current News
By Sneha Sharon MammenJuly 8, 2021

Jaypee insolvency: Suraksha deposits Rs 100-crore performance bank guarantee

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

Property Trends
By Surbhi GuptaMarch 17, 2021

New Delhi is world’s most polluted capital: Report

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

Must Knows
By Harsh Parikh and Rishabh VoraMarch 7, 2021

How much can housing societies charge as transfer charges, as per the law

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

Must Knows
By Darshan FuriaNovember 2, 2020

Important ruling on the property rights of successors versus nominees

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

Current News
By PTISeptember 30, 2020

SC directs Kerala government to file response on action taken against CRZ violations

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

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