Real Estate

09 Jun 24

Point to keep in mind while buying property in an auction / e-auction from Banks/NBFCs

Banks or Non Banking Financial Institutions (NBFCs) funds loans against property taking property as a collateral security. In case of default in repayment of loan as pre- decided and agreed by borrower, Banks or NBFCs, after reasonable reminders as mentioned in SARFAESI Act. Banks auction such properties in a final…

05 Jun 24

CANCELLATION OF AGREEMENT FOR SALE DUE TO DEFAULT OF ALLOTTEE OF PROPERTY under RERA Act

RERA Act provides safeguards to developers & customers in India. Today every developer and customer has to be govern by RERA Act and its provisions while developing projects by developers or while purchasing or booking property at under-construction stage with developers. As per RERA Act, No promoter shall advertise, market,…

10 Dec 23

RERA Gujarat (GUJRERA) – Know About RERA Gujarat Before Buying a House in 2024!

In 2017, Gujarat’s state government published the overarching rules for the Gujarat Real Estate (Regulation and Development) Act, putting the Gujarat RERA (GUJRERA) into effect ever since. RERA Gujarat supervises the real estate sector in Gujarat and protects the rights of home buyers. Gujarat’s real estate sector is progressing daily, making the state a…

08 Dec 23

Seller’s Home Loan Balance Transfer with Bank/NBFCs

A home loan is a secured loan that is obtained to purchase property by offering property to be purchase as collateral. Looking at current property rates in different cities and states in India, it may be not possible for middle class or upper middle class buyer to purchase property for…

12 Nov 23

The Insolvency and Bankruptcy Board of India (IBBI) proposes changes to rules for insolvency resolution process in Realty Projects

The Insolvency and Bankruptcy Board of India (IBBI) has proposed five broad changes, including operating a separate bank account for each real estate project, executing registration/sublease deeds with approval of the Committee of Creditors (CoC) during the resolution process and allowing CoC to examine and invite separate plans for each…

16 Aug 23

Landmark Judgment by Supreme Court of India on Adverse Possession: Govt. Of Kerala vs Joseph on 9 August, 2023

Supreme Court, in its recent decision of Government of Kerala & Anr. V. Joseph and Others discussed several principles concerning the adverse possession. When Adverse Possession Is Claimed Over Government Land, Courts Must Act With Greater Care. The Supreme Court, while placing its reliance on the decision of State of…

12 Aug 23

Personal Data Protection Bill passed in Rajya Sabha

The Digital Personal Data Protection Bill, 2023 was passed by the Rajya Sabha on Wednesday by means of a voice vote. The Bill has retained the contents of the original version of the legislation proposed last November, including those that were red-flagged by privacy experts, such as exemptions for the…

15 Jul 23

SARFAESI Act 2002, Section 17 (4A)Amendment Act Of 2016 & Its Implication On Rights Of Tenant Under Tenancy Law

Provisions of SARFAESI Act speaks about recovery procedure in its Sec 13 deals with enforcement of security interest. Sec 14 empowers the Chief Metropolitan Magistrate or District Magistrate to assist secured creditor in taking possession. Sec 17 deals with application against measures to recover secured debts. Before the amendment in…

01 Jul 23

REMEDIES AVAILABLE TO THE BORROWERS UNDER SARFAESI ACT 2002

The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act popularly known as SARFAESI Act was brought into effect in 2002. The purpose of the act was to achieve faster recovery of the dues declared as Non-Performing Assets (hereinafter referred as “NPAs”) and better availability of the…

30 Jun 23

Who will be Karta of HUF on Death of Father who was Karta of HUF

Every person by birth becomes the member of HUF. Unmarried daughter is member till her marriage. After marriage she will become the member of in law’s HUF(s). A Coparcener is a member of HUF who can claim partition whereas a Member cannot claim partition. This is the basic difference between the Coparcener…

30 Jun 23

What is Bonds & Types of Bonds

A bond is a debt security, similar to an IOU. Borrowers issue bonds to raise money from investors willing to lend them money for a certain amount of time. When investor buy a bond, they are lending to the issuer, which may be a government, municipality, or corporation. In return, the…

30 Jun 23

Why We Need to Execute & Registered WILL in India

A Will or testament is a legal declaration by which a person, the testator, names one or more persons as the executor to manage his/her estate and provide for the transfer of his/her property after his death. A Will can be made by anyone above 21 years of age in…

30 Jun 23

SARFAESI Act 2002 – Key Points

The SARFAESI Act full form is – “Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act”. The SARFAESI Act allows banks and other financial institutions for auctioning commercial or residential properties to recover a loan when a borrower fails to repay the loan amount. Thus, the SARFAESI…

Point to keep in mind while buying property in an auction / e-auction from Banks/NBFCs

CANCELLATION OF AGREEMENT FOR SALE DUE TO DEFAULT OF ALLOTTEE OF PROPERTY under RERA Act

RERA Gujarat (GUJRERA) – Know About RERA Gujarat Before Buying a House in 2024!

Seller’s Home Loan Balance Transfer with Bank/NBFCs

The Insolvency and Bankruptcy Board of India (IBBI) proposes changes to rules for insolvency resolution process in Realty Projects

Landmark Judgment by Supreme Court of India on Adverse Possession: Govt. Of Kerala vs Joseph on 9 August, 2023

Personal Data Protection Bill passed in Rajya Sabha

SARFAESI Act 2002, Section 17 (4A)Amendment Act Of 2016 & Its Implication On Rights Of Tenant Under Tenancy Law

REMEDIES AVAILABLE TO THE BORROWERS UNDER SARFAESI ACT 2002

Who will be Karta of HUF on Death of Father who was Karta of HUF

What is Bonds & Types of Bonds

Why We Need to Execute & Registered WILL in India

SARFAESI Act 2002 – Key Points

Delhi High Court Upholds Reassessment by Jurisdictional AO – Distinguishes from Hexaware Ruling

CIBIL Score Calculation and Its Importance for Financial Health

SBI MSME Loans: Empowering India’s Small and Medium Business

Newsletter

Contact us

Connect

Real Estate

Newsletter

Contact us

Connect

Subscribe to our newsletter