Aiming to bring transparency and minimize buyer-seller disputes the Maharashtra Real Estate Regulatory Authority (MahaRERA), has standardized the proforma of allotment letters. As per the newly approved model allotment letter,…
Mumbai being the commercial capital of the country and the home for the Bollywood, Media and Shipping industries among others has been the metropolis that always attracts a huge influx…
While, there is pride in being an owner, the economic logic sometimes defies emotional bias, making renting a house a more favorable option. Renting and buying a home have their…
The Indian rental market has long been run by an unorganized system. With the Model Tenancy Act the government for the first time has given rental housing its due attention.…
The government recently announced a much-needed bailout fund for stalled real estate or housing projects across the country. As part of the approved measure, the government will pump in Rs…
Voicing concern over illegal constructions, the Supreme Court Thursday directed all the cities in Maharashtra with population of 50 lakh or more to get geomapping done of the municipal areas…
Invoking the right to safety of those occupying these rundown buildings, the amendments allow the government to suspend a land owner’s right to property and forcibly acquire and redevelop them…
Lessons from the Noida case that left many shaken NEW DELHI: A few weeks back, over 200 families living in a prominent Noida housing society got eviction notices from a…
The Maharashtra government has decided to issue a property card containing the necessary details about the property including amenity space, carpet area, and bank loan status. With this, the government…
While it is common for disputes to arise between landlords and tenants, we look at how an arbitration clause in the agreement can help both parties to resolve the issues…