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REAL ESTATE LITIGATION
SC rejects proposal of Parsvnath Developers for homebuyers, asked it to file anotherThe Supreme Court rejected Parsvnath Developers’ proposal on handing over flats or repaying homebuyers, calling it another device to delay ...- Real estate firm promised Rs 60,000 every month for a Rs 17.5 lakh investment, paid Rs 30,000 for six months, then stopped; court orders company to pay client over 55 lakhA Hyderabad consumer commission has ordered a real estate company to pay over Rs 55 lakh to a customer after finding that it stopped honour...
- Paid Rs 14.51 lakh for a home in Gurugram, buyer finds no progress at construction site as builder lost registration; HRERA directs refund with 10.80% interestAccording to the complaint made by the homebuyer, he has made a payment of Rs 14.51 lakh till now, which amounts to almost 50% of the total...
- 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...
- Care Health Insurance rejected heart attack patient's mediclaim over ‘pre-existing diabetes, hypertension’: Court says these are ‘lifestyle diseases’; orders insurer to pay Rs 2.1 lakhCare Health Insurance has been ordered to pay Rs 2.1 lakh after a Delhi consumer commission ruled that rejecting a heart attack patient's m...
- 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...
- Haryana RERA gives developers four-month relief as Iran war disrupts projectsHaryana RERA has extended real estate project deadlines by four months. This decision follows a central government advisory recognizing sup...
- Govt extends ED Director Rahul Navin's tenure beyond August 13Enforcement Directorate Director Rahul Navin's tenure has been extended by one year. This extension will keep him in his role until August ...
- Gurgaon-based real estate company ordered to pay Rs 23 lakh compensation to buyers over delayed flat possession by Haryana RERAIn a recent ruling, Rera instructed Pareena Infrastructure to compensate two homebuyers with Rs 23 lakh for the extended delays in deliveri...
- Toll Brothers sued: Michigan woman claims luxury housing project could block access to her land, harm environmentA Michigan woman is suing Toll Brothers over a luxury housing development. She claims the project will block her property access and harm t...
- Housing ministry issues advisory to State RERAs to give project extension due to West Asia crisisThe Ministry of Housing has advised State RERAs to grant developers a four-month extension. This advisory addresses disruptions in global s...
- Maneck Mulla, Ameet Naik and Neil Mandevia form real estate-focused MNM Partners allianceThree distinguished law firms have announced the formation of MNM Partners, a new alliance dedicated to addressing legal aspects of real es...
- Karnataka comes up with draft apartment law to mandate safety audits, streamline ownershipKarnataka has unveiled a draft bill to modernize apartment ownership and management laws. This legislation aims to replace outdated acts an...
- Maharashtra withdraws 2023 circular on minor mineral levy during land developmentMaharashtra government withdrew a May 2023 circular on minor mineral royalty. This move provides relief to developers facing legal disputes...
- Real estate firms ramp up legal hiring as deals grow more complexIn an evolving landscape, Indian real estate developers are strategically bolstering their legal departments. This growth represents a pivo...
- Gurgaon Waterlogging: Why does the Millennium City of Fortune 500 firms flood every time it rains? The answer has nothing to do with weatherGurugram's corporate corridor became a swamp after recent heavy rainfall. The city floods due to dismantled natural drainage systems over d...
- Why clean land records are key to India's property marketStates are rapidly digitizing land records to streamline India's complex property market. This move aims to curb disputes, speed up transac...
- Retail and real estate will continue to see major litigations in the post-pandemic world: Ameet Naik, Naik Naik & CoAfter the pandemic had struck and there was the imposition of lockdown, due to restriction movements, there was a huge impact on the Retail...
- Caretaker, servants cannot claim ownership of property: SC'False claims and defences are really serious problems with real estate litigation, predominantly because of ever escalating prices.'
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