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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...

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...

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...

Implications of NGT order on Buffer Zone in Bangalore

This article is in continuation to my previous article which covered NGT order’s impact on Real Estate industry in Bangalore. In this post I am trying to analyse the developments that happened post this...

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...

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...
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