Real Estate Maharashtra
MahaRERA Enhances Project Scrutiny to Protect Homebuyers and Prevent Disputes
MahaRERA is implementing a rigorous three-step scrutiny system—legal, financial, and technical—for project approvals to safeguard homebuyers and prevent stalled projects. Independent experts will vet applications before registration, significantly improving the pace of grievance redressal.
Real Estate
The Decline of Golden Tobacco: From Cigarette Empire to Insolvency
India’s Securities and Exchange Board (SEBI) has issued a new order against Golden Tobacco Limited (GTL), exposing the diversion of Rs. 175.17 crore to related entities and leading to severe penalties for key officials.
Real Estate
The Tax Trap: How Splitting Home Sales Can Backfire on Sellers
Sellers often split the sale of their property into real estate and furniture to reduce capital gains and stamp duty. However, without proper documentation, this strategy can lead to tax scrutiny and penalties.
Real Estate Maharashtra
Bombay High Court Halts Entertainment Tax Recovery from Water Park Operator
The Bombay High Court has stayed the recovery of ₹576.90 lakhs in land revenue from a water park operator, raising concerns over the stability of tourism incentives and investor trust.
real estate news
Mahesh Babu Faces Legal Scrutiny Over Alleged Rs 34 Lakh Real Estate Scam
A Hyderabad-based woman doctor has filed a complaint, alleging that she lost Rs 34.8 lakh after investing in a real estate project endorsed by Telugu actor Mahesh Babu. The case is now under review by the Ranga Reddy District Consumer Commission.
Real Estate
National Herald Case: A Closer Look at the Unresolved Questions
The National Herald case has been a subject of intense scrutiny, with many unanswered questions surrounding the transfer of assets and the involvement of key players. This article delves into the details to provide a clearer understanding of the complex legal and financial issues at hand.
real estate news
Balancing the Bargain: Judicial Scrutiny of Unfair Contract Terms in Real Estate
This article delves into a recent judgment that highlights the court's role in examining and nullifying unfair contract terms in real estate agreements. It explores the implications of market dynamics and the principles of fairness in contractual obligati
Real Estate
Troubles Mount for Bhutani Group as ED Raids Intensify
The Bhutani Group, a prominent real estate developer, faces new challenges as the Enforcement Directorate (ED) conducts a series of raids. This latest move adds to the company's already troubled history with regulatory bodies.
Real Estate
Buying UK Property Through Foreign Companies: A Closer Look
The practice of using foreign companies to purchase UK property is coming under increased scrutiny. Here’s what you need to know about the rules and regulations surrounding this method of investment.
Real Estate Maharashtra
MahaRERA Begins Scrutiny of Lapsed Housing Projects
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has initiated a thorough scrutiny of lapsed housing projects, addressing the long-standing issues and irregularities in the real estate sector.
Real Estate Mumbai
MahaRERA launches scrutiny of lapsed projects in Maharashtra
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has initiated a comprehensive scrutiny of all lapsed projects in the state, focusing on the Mumbai Metropolitan Region, Pune, and Nashik.
Real Estate
Indian Investors in Dubai Properties via Crypto, Hawala Under Tax Scrutiny
Real estate transactions in Dubai, known for their attractive payment plans, have attracted many Indian buyers. However, the Indian Income Tax Department is now scrutinizing these purchases, especially those made through unconventional methods like crypto
Real Estate
Mumbai Builder Forged Documents for Flats, Faces Legal Consequences
A Mumbai-based builder has been accused of forging documents to falsely claim ownership of 71 flats in a real estate project, misleading homebuyers and regulatory authorities.