Tag: #PropertyLaw

Uttarakhand High Court Revokes Lease Cancellation Order Issued to Haridwar Housing Project in SIIDCUL

October 3, 2024

DEHRADUN: As the state government contemplates new laws to restrict the acquisition of “surplus” land by “non-residents” in Uttarakhand, the High Court (HC) has set aside a lease cancellation order concerning a residential project. The court ruled that authorities must provide the builder with a prior notice before initiating any such action. Delhi Apartments Pvt […]

Uttarakhand High Court Revokes Lease Cancellation Order Issued to Haridwar Housing Project in SIIDCULmore

Piramal Capital Recognized as Creditor in Radius Project’s Mumbai Development.

August 9, 2024

MUMBAI: The National Company Law Tribunal (NCLT) has confirmed the validity of the charge held by Piramal Capital & Housing Finance on Radius Estate Projects’ 5.4-acre development in Santacruz, Mumbai. This ruling, announced on Wednesday, settles a disputed issue involving creditors, including J.C. Flowers Asset Reconstruction and Piramal Capital & Housing Finance, by clarifying the […]

Piramal Capital Recognized as Creditor in Radius Project’s Mumbai Development.more

Raymond is directed by MahaRERA to deduct 2% of the total amount for the flat upon cancellation.

November 25, 2023

MUMBAI: Raymond Ltd. was ordered by the Maharashtra Real Estate Regulatory Authority (MahaRERA) to withhold only 2% of the entire consideration of an apartment without charging interest. This is because the developer lost the entire sum of approximately Rs 6 lakh that a couple had paid after their reservation was canceled. It referenced a recent […]

Raymond is directed by MahaRERA to deduct 2% of the total amount for the flat upon cancellation.more