Tag: #Property Agreement

Commercial Property

In the event of a lockdown, retailers have stated that they will only pay rent in proportion to their actual business.

July 16, 2021

The top retailers and restaurant chains such as Reliance Retail, Madura Fashion & Lifestyle, Domino, Plum by Bent Chair, Mamagoto, Farzi Café, Lee, Wrangler & Cafe Warehouse, etc., insist on introduction of clauses in all new leases, which state that in the event of government-mandated closures of stores and business, they do not pay rent […]

In the event of a lockdown, retailers have stated that they will only pay rent in proportion to their actual business.more
Property Transfer

Registration of property stops in Karnataka; builders fear a disruption of cash flow.

May 14, 2021

The registration of property has stopped across Karnataka because after declaring a two-week lockdown, the government shut its 243 offices of the sub-registrar for the time being. “To ensure the safety of our staff and the public our offices have been closed down. Online registration is not even allowed,” KP Mohanraj, inspector general of registration and […]

Registration of property stops in Karnataka; builders fear a disruption of cash flow.more
Rent Agreement

The tenant eviction ban gets extended until June in the USA.

April 1, 2021

The Biden administration is continuing a federal moratorium on evictions of residents who fell behind on their rent during the coronavirus pandemic. The Centers for Disease Control and Prevention moved on Monday to prolong pandemic-related safety, which was due to expire on Wednesday. The ban got extended until the end of June. The ban, which […]

The tenant eviction ban gets extended until June in the USA.more
Anil Ambani

Anil Ambani aims at selling or leasing its Mumbai HQ.

July 2, 2019

By Abhay Shah, Realty Quarter Businessman Anil Ambani speaks to a global group of private equity firms, including Blackstone and another United States-based fund, to either sell his headquarters in the financial capital or to lease out on a long-term basis, said three people familiar with the development. They said, however, that the site is also […]

Anil Ambani aims at selling or leasing its Mumbai HQ.more
agreement

What can a buyer do when the agreement does not specify the date of possession?

June 3, 2019

By Abhay Harish Shah, Realty Quarter There have been numerous cases where home buyers have faced delays in acquiring their apartments. In many cases, delays are over five to six years. Some developers even did not mention the date of possession in the agreement which resulted in the home buyers suffering from financial and mental trauma. […]

What can a buyer do when the agreement does not specify the date of possession?more
Property Cancellation

Important Factors to be considered before cancelling a Property Deal.

May 12, 2019

By Abhay Harish Shah , Realty Quarter There are times when we get excited and indulge in something which later we don’t like. In the case of buying a property, you may hear some exciting opportunity for investment and want to cancel the property deal which you booked last week. Many a time an individual […]

Important Factors to be considered before cancelling a Property Deal.more