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Searching Content from India indexed under Real Estate ordered by Published Date Descending.
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1
CCI Penalizes Jaiprakash Associates Limited For Contravention Of Abuse Of Dominance
On August 9, 2019, CCI imposed a penalty on Jaiprakash Associates Limited (‘Jaypee') for imposing unfair/ discriminatory conditions in a Provisional Allotment Letter (‘PAL') ...
India
27 Sep 2019
2
Are Housing Finance Lenders ‘Financial Creditors' Of Developers Under Subvention Schemes: An Update
The NCLT in its judgment has noted that IHFL had disbursed the loan amount in the account of the Developer on the various dates.
India
25 Sep 2019
3
Law Respects Possession –Understanding The Concept Of Adverse Possession
In India, persons are not permitted to take forcible possession.
India
12 Sep 2019
4
Mysteries Of Ancestral Property
Though the concept of ancestral property has been in existence since time immemorial, the term has not been defined in any of the legislations governing
India
3 Sep 2019
5
Supreme Court On Amrapali- Perils Of A Piecemeal Approach To Justice
With no end in sight to the number of real estate bankruptcies in the country, the Hon'ble Supreme Court has been perhaps the only beacon of light to home buyers who have been embroiled in a quagmire of litigations ...
India
30 Aug 2019
6
CCI Approves Glenville's Acquisition Of Sole Control Over TJ Holdings And An Increase In Shareholding In CapitaLand From 40.79% To 51%
On May 8, 2019, CCI approved the acquisition of sole control by Glenville Investments Pte. Limited (‘Glenville') over TJ Holdings (III) Pte. Limited (‘TJ Holdings') and increase in its shareholding
India
27 Aug 2019
7
Karnataka Apartment Association- Registration, Bylaws And Compliances
The Karnataka Apartment Ownership Act, 1974 ("KAOA" or "Act") was enacted to provide ownership to individual residential apartments in the State of Karnataka.
India
23 Aug 2019
8
Doctrine Of Advancement And Benami Law In India
The Law Commission of India, Ministry of Law, Justice & Company Affairs came up with its 57th Report of Law Commission on ‘Benami Transactions' in the year 1973.
India
22 Aug 2019
9
Financial Assistance By Father & Benami Transaction
The Hon'ble Supreme Court of India in a recent judgment dated 9th April 2019, passed in the case of P. Leelavathi (D) by L.R.s vs. V. Shankarnarayana Rao (D) by L.R.s bearing Civil Appeal No. 1099 of 2008, ...
India
22 Aug 2019
10
Homebuyers Entitled To An Additional Remedy Against Builders
Amounts raised from homebuyers contribute significantly to the construction of the real estate projects and hence it is necessary to treat homebuyers as financial creditors.
India
20 Aug 2019
11
Home Buyers = Financial Creditors: Supreme Court Reigns
The Supreme Court in Pioneer Urban Land and Infrastructure Limited vs. Union of India, has upheld the constitutionality of the Insolvency and Bankruptcy Code (Second Amendment) Act, 2018 (Amendment Act).
India
15 Aug 2019
12
Supreme Court Decides The Fate Of Landholders Affected By The ULC Exemption Orders:
The Urban Land (Ceiling and Regulation) Act, 1976 was enacted to prevent concentration of urban properties in the hands of a few and to ensure equitable distribution / utilization of urban vacant lands.
India
14 Aug 2019
13
Benami Property Transactions & Known Sources
At present, Section 2 (9) (A) of The Prohibition of Benami Property Transactions Act, 1988 as amended by The Benami Transactions (Prohibition) Amendment Act, 2016 sets out certain exceptions to the ...
India
13 Aug 2019
14
Settled Possession - Right Of Possession Over Immoveable Property - Supreme Court Of India
In the case of Poona Ram v Moti Ram & Ors, the bench of Hon'ble Justices Mohan M Shantanagoudar and N.V Ramana of Hon'ble Supreme Court has opined that "a person who asserts possessory title ...
India
1 Aug 2019
15
Benami Transactions' Prohibition Law Amendment Is Prospective, Holds Rajasthan High Court
In a batch of writ petitions (Civil Writ Petition No. 2915/2019 and others), the Hon'ble Rajasthan High Court has held that the Benami Transactions (Prohibition) Amendment Act, 2016 is prospective in nature ...
India
29 Jul 2019
16
The 70% Conundrum Part II – Game Changing Directions Of Haryana RERA
Taking a cue from the Supertech Home Buyers case (as discussed in Part I of this series), the Haryana Real Estate Regulatory Authority (HRERA) has now issued directions to promoters on opening bank accounts.
India
29 Jul 2019
17
Essence Of A Benami Transaction
The essence of a benami is the intention of the party or parties concerned; and not un-often such intention is shrouded in a thick veil which cannot be easily pierced through.
India
19 Jul 2019
18
How To Treat A Transaction As Benami?
The Hon'ble High Court of Allahabad in the case of Prakash Narain vs. CIT/CWT(1 [1981] 6 Taxman 159 (All)] has held that for determining a particular transaction as benami, following criteria should be fulfilled:-
India
19 Jul 2019
19
Lease Transactions Under RERA
Real estate is one of the largest industries in India. In the past two decades, the real estate sector has seen a boost in the country
India
17 Jul 2019
20
Part II – What's So Real About Real Estate Anyway?
*An eight-part series covering the commercial and legal considerations of REIT listings in India. Click here to read Part 1.
India
15 Jul 2019
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