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GPA TRANSACTIONS
Chandigarh property owners may get relief: UT plans regularisation of pre-2011 GPA, SPA transactionsChandigarh's administration has introduced a new policy aimed at regularizing properties acquired through power of attorney transactions pr...- Brother-in-law sold 26 bigha land using GPA for Rs 6.95 crore; didn't pay full share to sister-in-law; Delhi HC orders him to pay Rs 2.27 croreSister-in-law purchased 26 bighas of land in Najafgarh in 1985 and gave GPA to brother-in-law who in turn sold this land for Rs 6.95 crore ...
- ED probe links two Al Falah officials to SIMI, JeIDays after three doctors associated with the university were allegedly found to be part of a terror module that carried out a blast in the ...
- Karnataka moots changes to registration law to protect property buyers, put an end to fraudsKarnataka is set to revamp its property registration system to combat fraud and protect homebuyers. The proposed amendment to the Registrat...
- NOC not needed for properties that became freehold before March 2000"The additional requirement of NOCs from L&DO for freehold privately held properties had stalled several transactions in the most prime loc...
- 6 reasons why you should not buy property via Power of AttorneyGoverned under the Contract Act and read with the Power of Attorney Act,1882, a PoA is a legal document through which a person nominates an...
- Affordable Housing: Assembly passes bill slashing stamp duty on low-price flats in KarnatakaMaharashtra had recently cut the stamp duty for a limited period to drive the real estate sector, that has been hurt by the covid-19 pandem...
- Dera Sacha Sauda chief Gurmeet Singh used castrated followers to build empire: CBI probeAs per the findings of CBI, the dera chief used to obtain signatures of castrated devotees without telling them the purpose/nature of the p...
- Tata Sons chairman Cyrus Mistry's company wins battle 'royal' against lawyerCo says lawyer misused general power of attorney to sell assets it bought from Hyderabad Nizam’s heirs.
- Delhi government lifts ban on property transaction through GPAThe Revenue Department issued a circular allowing registration of all GPA-based property transactions in the city with immediate effect.
- Govt order to ease sale of propertyDelhi government has decided to reverse the directive that put a stop to registration of all general power of attorney (GPA)-based property...
- Property deals in Delhi's unauthorised colonies after regularisationaDelhi govt today said restrictions on sale and purchase of properties in over 1,200 unauthorised colonies will be lifted once the process t...
- Delhi government's fresh directive on sale of propertiesDelhi government issued a fresh directive to the revenue department asking it to allow sale and purchase of immovable properties only throu...
- No sale deed needed in property transacted under GPA: GovernmentDelhi government today said no sale deeds will be registered if it is done through General Power of Attorney (GPA).
- All power of attorney property deals banned in Delhi; transactions since October 2011 declared voidThe revenue department has made all realty sales through transfer of general power of attorney null and void with retrospective effect from...
- Power of attorney property deal ban: Co-operative flat owners frowningC K Rejimon, a resident of Dwarka, says that around 300 societies in the area don't have a completion certificate yet.
- Why is general power of attorney registered?A power of attorney is an instrument that is used by people to confer authority on somebody else to legally act on their behalf.
- Power of attorney property deal ban: Wary property dealers call for easy conversionA majority of owners go for GPA because they don't have a choice. I think residential property will be hit the most," says Anshuman Magazin...
- Karnataka: Blow to Yeddyurappa, IT min bows out in land scamThe troubled BJP government in Karnataka received another blow when IT & BT minister Katta Subramanya Naidu tendered his resignation follow...
- Move to cancel land deals by realtor RajaiahWith allegations cropping up that B Ramalinga Raju had purchased thousands of acres of land through high profile realty broker Akula Rajaia...
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