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MUMBAI HOUSING LAWS
Bankers question role of RP in the Subhash Chandra case and how net worth was computedDissenting banks say unresolved pleas for a forensic audit and asset trailing to be conducted on Subhash Chandra's financials to probe how ...
Housing society redevelopment: 5 legal checks to make before choosing a builder-led or self-redevelopment projectRevamping aged societies opens the door to fresh residential and commercial opportunities in Mumbai. Choosing between hiring a builder or e...
Friday OTT releases of the week: Alpha to Babita Singh Reporting to The Whisper Man, new movies and shows on Netflix, JioHotstar, Prime Video and ZEE5With Alpha, The Whisper Man, Bandar and Babita Singh Reporting offering thrillers and crime dramas, while Dark Matter Season 2, Part-Timers...
HDFC Bank, LIC Housing Finance to contest Zee resolutionHDFC Bank and LIC Housing Finance will challenge the NCLT ruling on the Zee Group debt settlement. The approved plan includes a small payme...
The most expensive half-sentence in market history, and Warren Buffett wrote the other halfHe wrote it as a caution. Somebody published just one half of it. A great many investors acted on the half they were shown. Warren Buffett ...
HDFC Bank mulls NCLAT appeal over Subhash Chandra insolvency orderHDFC Bank plans to appeal a bankruptcy court ruling concerning Subhash Chandra. The court approved a repayment plan with a 99.97 percent ha...
Housing societies cannot charge higher maintenance for bigger flats and shops based on area, rules Maharashtra Co-operative Appellate CourtUnlike property tax, maintenance cannot be charged at a higher rate for bigger flats and shops, explains the Maharashtra Co-operative Appel...
Maharashtra FDA suspends licences of Radio Club, Khar Gymkhana, 11 others for violation of hygiene normThe Maharashtra Food and Drug Administration (FDA) has suspended the food business licences of Bombay Presidency Radio Club, a McDonald’s o...
Months ahead of state assembly elections, Goa witnessing ‘enough is enough’ campaign against land mafiaMembers of the state's civil society have started an 'Enough is Enough' campaign, which is being spearheaded by a former judge of the Bomba...
Realtors line up to buy bankrupt developers as land prices riseSmall and mid-sized developers are increasingly using insolvency proceedings to acquire distressed real estate companies as land prices soa...
Ageing housing societies: How homeowners can avoid losing their homes and money to redevelopment delaysAgeing housing societies that were promised bigger, modern living spaces have seen builders abandon or stall construction for years, with l...
More than a scholarship: ARRA building a community that shapes future leadersThe Arunkumar & Ramniklal Mehta Scholarship empowers outstanding Indian students by providing financial assistance for their education. Cov...
Tata Sons AGM deferred for lack of quorum, first in group’s historyThe annual general meeting of Tata Sons faced an unforeseen adjournment caused by a lack of quorum. This rare incident followed the exclusi...
Inherited mother's land, converted it into business stock, and invested over Rs 5 crore in a new home; ITAT Surat grants Section 54F tax exemption relying on a 1983 CBDT circular; Know whySon inherited 50% of mother’s land and took it in his real estate business as business stock; brought an even larger plot for Rs 2 crore cl...
Housing society expels member by passing a resolution with 3/4 majority: Can it force the resident to vacate or sell the flat?If housing society expels resident from membership by 3/4th majority votes, should the resident vacate or sell the flat? Know what the law ...
Business families turn to 'fluidity' clauses to handle disputesIndian business families are increasingly adding “fluidity” clauses to family settlement deeds, allowing succession, ownership and manageme...
PNB case: Accused can't dictate probe method, says court while rejecting plea for video conferenceA Mumbai court rejected Purvi Modi's plea for a video conference statement. The court stated an accused cannot dictate investigation proced...
Can housing society clamp your wrongly parked car with a wheel jammer? Maharashtra court says yes but with this conditionMan purchased flat from PNB in auction but got only 1 parking spot for his 6 vehicles; housing society used wheel jammer to clamp wrongly p...
Faulty terrace repairs flooded two flats; Maharashtra court awards senior citizen Rs 3.96 lakh compensationSenior citizen to get Rs 3.96 lakh from housing society after housing society's faulty terrace repairs caused water leakage in his two flat...
Kitchen checks give restaurants, hotels food for thoughtRestaurants nationwide are voluntarily closing outlets for deep cleaning and hygiene improvements. Regulatory crackdowns over food safety a...