Legal

In compliance with a Bombay High Court directive, 41 illegal buildings in Nalasopara East’s Agrawal Nagari, built on 30 acres of reserved land, are being demolished. The first phase of the operation rendered over 50 families homeless as municipal authorities cleared 7 buildings despite protests.

Buying a home is a big milestone, but the advertised price often hides unexpected costs. Here’s a quick guide to the key expenses you must plan for before sealing the deal.

Proposed IBC reforms by IBBI aim to resolve delays, ensure fair claims, and enhance transparency, offering relief to homebuyers and strengthening the real estate resolution framework.

As tax authorities tighten their grip on property transactions, landowners who enter Joint Development Agreements (JDAs) with builders are now under scrutiny for potential tax evasion.

Bombay HC directs Maharashtra’s local bodies to link with MahaRERA portal in three months for real-time CC and OC verification, ensuring transparency and preventing forgery.

Builder-buyer agreements must be registered after paying 10% of the property's worth, which concerns Noida and Greater Noida real estate developers. This requirement, they say, puts homeowners under a lot of financial pressure early on.

The Insolvency and Bankruptcy Board of India (IBBI) suggests granting ownership to debt-free purchasers who already own their property during the insolvent real estate firm's bankruptcy settlement. However, the committee of creditors must approve this plan.

The Treasury Department regrets Diwali property registration inconveniences. Diwali, particularly Dhanteras, is a lucky time to purchase property, but this year, system maintenance suspended the registration process, preventing homebuyers from completing their deals.

MahaRERA's groundbreaking mandate requires developers to mention agent commissions, broking fees, and charges in sales agreements with licensed real estate agents. This requirement strengthens agents' official roles in transactions and improves openness and accountability in real estate transactions

MahaRERA has warned purchasers about 314 housing projects undergoing corporate bankruptcy resolution at the National Company Law Tribunal. A major 236 projects are in Mumbai, 52 in Pune, nine in Haveli, and five each in Ahmednagar and Solapur.

Market Value in Telangana is calculated based on the land rates of properties.

This guide on GHAR helps you find out details on Guidance Value in Chennai, ready reckoner rates in Chennai and how to check the same online.

The Maharashtra government is preparing to modify stamp duty laws, affecting real estate and business. This document details the proposed modifications and their predicted effects.

Learn all about the circle rates in Himachal Pradesh, how they are calculated, and the key factors that influence them, such as location, size, and area of the property. Find out circle rates for Shimla, Manali, Kangra, and other regions.

As Mumbai's real estate market continues to rise, Greater Mumbai property registrations rose 12% in 2024 to over 1.5 lakh in the first nine months. This 12% YoY rise in registrations has brought Rs 8,892 crore to the state exchequer.