Category: Regulatory

MahaRERA will approach UDD for a portal that displays approvals.

December 12, 2022

PUNE: The MahaRERA will approach the state’s urban development department (UDD) to establish a dedicated portal for all commencement and occupation certificate approvals. There is currently no portal that displays such permissions. One of the mandatory requirements for registering a project under the Act is that the promoter submits an application for a commencement certificate. […]

MahaRERA will approach UDD for a portal that displays approvals.more

In one month, the Nashik civic body collects Rs 11 crore from property tax defaulters.

December 8, 2022

NASHIK: The Nashik Municipal Corporation’s (NMC) decision to play the drums in front of large property tax defaulters’ houses is yielding positive results, with the civic body collecting Rs 11 crore in pending property tax from the defaulters in the last month. NMC has been sending teams to big defaulters’ homes and commercial establishments at […]

In one month, the Nashik civic body collects Rs 11 crore from property tax defaulters.more
xyz

Navi Mumbai: The SC orders the evacuation of 165 families in order to demolish illegal structures.

December 5, 2022

The Supreme Court has cleared the way for the demolition of two illegal buildings built over a decade ago in Nerul’s Sector 16A on plots reserved for a public garden. The ареx court has ordered the 165 families living in these “towers of corruption,” as activists refer to Krishna Complex and Trimurti Park, to give […]

Navi Mumbai: The SC orders the evacuation of 165 families in order to demolish illegal structures.more

The SIT has arrested five more developers in connection with the Kalyan-Dombivli RERA scam.

November 24, 2022

KALYAN: In a significant development in the RERA scam, the Special Investigation Committee has finally arrested five developers who prepared forged building authorization documents and used them to obtain RERA certificates to sell their unauthorized flats. The SIT has arrested 65 developers in this case, and they previously arrested 5 people in this scam who’d […]

The SIT has arrested five more developers in connection with the Kalyan-Dombivli RERA scam.more
ed

Salarpuria sattva group’s assets have been frozen by the Enforcement Directorate.

November 10, 2022

HYDERABAD: The Enforcement Directorate (ED) has frozen the bank accounts of Salarpuria Sattva, a prominent real estate firm, in connection with the Heera gold scam. The ED discovered that the real estate company transacted with the scam-hit Heera Group, and money was routed to shel firms. On November 7, the ED conducted searches on the […]

Salarpuria sattva group’s assets have been frozen by the Enforcement Directorate.more

DLF Homes has been ordered by the SCDRC to pay home buyers Rs 1.35 lakh.

November 7, 2022

CHANDIGARH: The state consumer dispute redressal commission, UT, ordered DLF Homes and its directors to pay former Lieutenant General K J Singh and his wife Anita Singh Rs 1.35 lakh in lump sum compensation for causing mental agony and harassment, as well as litigation costs, within 30 days of receipt of a certified copy of […]

DLF Homes has been ordered by the SCDRC to pay home buyers Rs 1.35 lakh.more
SEBI

SEBI to sell off Royal Twinkle and Citrus Check Inns properties.

June 18, 2022

Capital markets regulator Sebi announced on Friday that it has scheduled an auction on July 15 for as many as 39 properties owned by Royal Twinkle Star Club Pvt Ltd and Citrus Check Inns Ltd, with a reserve price of Rs 66.51 crore. The move is part of Sebi’s effort to recover funds raised by […]

SEBI to sell off Royal Twinkle and Citrus Check Inns properties.more
Supreme court

Daughters to inherit father’s property in the absence of a will, rules SC

February 3, 2022

The Supreme Court recently ruled that daughters are entitled to inherit their father’s self-acquired property. The daughters of a Hindu male who dies without a will or intestate will inherit the father’s property, according to the Court. In such cases, daughters will be prioritised over other family members such as the father’s siblings’ sons and […]

Daughters to inherit father’s property in the absence of a will, rules SCmore

Model Tenancy Act, 2021- The Law to be Enforced Needs Some Minor Revisions.

September 18, 2021

– Written by Alok Gupta Alok Gupta is the President of the prestigious The Estate Agents Association of India, Central Zone One. He can be reached at alok@himland.in. Views expressed are personal.   I have been writing on this act, ever since the act’s draft was thrown open to the public for suggestions. On 2nd […]

Model Tenancy Act, 2021- The Law to be Enforced Needs Some Minor Revisions.more