Legal

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Implications of NGT order against Mantri Developers

Yesterday several newspapers reported National Green Tribunal’s order against Mantri Developers where NGT imposed a penalty of Rs. 130 Crs on Mantri Developers for violating “environmental and building laws” in the area between Agara...

Enemy Property (Amendment and Validation) Bill 2016 Passed

Last week Enemy Property (Amendment and Validation) Bill 2016 was passed by both Lok Sabha and Rajya Sabha. The amendment is retrospective in effect and bars any enemy or enemy firm from having any...

Salient Features of Real Estate Bill 2016

The long wait for Real Estate Regulation & Development Bill was finally over yesterday as Rajya Sabha passed the bill. The bill was first introduced in the Rajya Sabha in 2013. Hopefully this bill shall...

Fractional Property Ownership & its implications

Fractional Property Ownership is a practice in which several related or unrelated parties can jointly own a high-value real estate property such as resorts, lands, private residences and commercial asset. The practice of joining...

Documents Checklist before buying property

Real Estate is probably the most expensive asset we ever buy in our lifetime. For most of us we buy it once. However we seldom do our homework of property screening and take legal...

Why you should hire a lawyer before buying a property?

In India 6 out of 10 pending court cases are related to property disputes. You can imagine the seriousness of problems related to property titles. Still less than 5% buyers take independent legal opinion...
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