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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...

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...

RERA Guidelines for Real Estate Agents

Much has been written about the impact of RERA on builders and buyers. However, RERA has set some guidelines for real estate brokers as well. This is for the first time attempt has been...

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...

Salient Features of Benami Property Act 2016

The Income Tax department has notified that the Benami Transactions (Prohibition) Amendment Act, 2016 (BTP Amendment Act), will come into force from 1st November 2016. The Benami Transactions (Prohibition) Amendment Bill, 2015 was introduced...

Why you should use the RERA website before buying property

After 31 July 2017, if an ongoing residential project or a new project that is more than 500 sq. metre or has more than eight apartments, wants to advertise or sell its units, it...
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