Real Estate Mumbai
Renting Out Property? Beware of Losing Ownership After 12 Years
Tenant occupancy laws in major metropolitan cities like Mumbai and Delhi can result in tenants claiming ownership after 12 years of continuous occupancy. Here’s what property owners need to know.
Real Estate
Complainants Receive Compensation for 10-Year Delay in Flat Possession
The complainants have finally secured compensation from M/s Ansal Phalak Infrastructure Pvt Ltd for a significant delay in the possession of their flats. This case highlights the importance of accountability in the real estate sector.
Real Estate
Karnataka RERA Holds Real Estate Developer Accountable for Delayed Possession
The Karnataka Real Estate Regulatory Authority (KRERA) has issued a ruling against Bengaluru-based real estate developer Shriram Properties, mandating them to pay ₹12.7 lakh as compensation for delayed possession.
Real Estate
Understanding Part Occupancy Certificates in Real Estate: A Legal Perspective
In the realm of Indian real estate, the issuance of a Part Occupancy Certificate (POC) often sparks legal debates. This article delves into the legal nuances and implications of POCs, particularly focusing on whether they can be considered as delivery of
Real Estate Maharashtra
MahaRERA Tribunal Sentences Neptune Ventures Promoters for Delayed Possession
The Maharashtra Real Estate Appellate (MahaRERA) Tribunal has sentenced the three promoters of Neptune Ventures and Developers to three months of civil imprisonment for failing to comply with its 2021 orders to pay interest for delayed possession to a Low
Real Estate Mumbai
MHADA Flats: Maintenance and Property Taxes Only from Possession Date
Mumbai: MHADA buyers will now only have to pay maintenance and property taxes from the date of possession, ensuring fairness and reducing financial burden.