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…
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Real EstateRERA
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…
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 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…
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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…
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FinanceRBIReal Estate
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…
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Real Estate
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…
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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…
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Real EstateUncategorized
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…
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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…
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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…
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