Search Results for Tag : estate
Top Story
Real Estate Act, 2016 marches ahead with newly notified Real Estate (Regulation and Development) (General) Rules, 2016 for 5 Union Territories(31.10.2016)
The Central Government has notified the Real Estate (Regulation and Development) (General) Rules, 2016, to be applicable to the five Union Territories.....
Tags : Real estate, Rules, Union Territories
Judgments
Allottees of real estate projects are "financial creditors" and may trigger the IBC against the real estate developer(09.08.2019)
Writ petitions have been filed in present Court to challenge the constitutional validity of amendments made to the Code, pursuant to a report prepared.....
Tags : Allottees, Real estate projects, Amendment
News
CCI Junks Complaints against Prestige Estates Projects(18.12.2015)
Competition Commission of India (CCI) has dismissed allegations of unfair business practices made against Bengaluru-based Prestige Estates Projects.
Tags : Competition Commission of India , Prestige Estates Projects
Rajasthan HC: Appeals u/s 58 RERA Act to be Filed with Court Fees(13.04.2022)
Rajasthan High Court has held that where there is no specific provision for payment of Court fees on appeals under Section 58 of the Real Estate Regul.....
Tags : Rajasthan High Court, Real Estate Regulatory Authority Act, 2016, Rule 37, Section 58
Notifications & Circulars
Guidelines for preferential issue of units and institutional placement of units by a listed Real Estate Investment Trust(27.11.2019)
Regulation 2(1)(zd) of Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014 ("REIT Regulations"), defines a "prefe.....
Tags : Guidelines for preferential issue of units and institutional placement of units by a listed Real Estate Investment Trust
“No Brokerage Policy” not anti-competitive conduct(03.05.2016)
The Commission dismissed a complaint by the Confederation of Real Estate Brokers’ Association of India against the “No Brokerage Policy” advertised on.....
Tags : Real estate, internet portal, brokerage
HRERA to Developers: Don’t Use Buyers’ Funds to Repay Loans(25.04.2019)
Haryana Real Estate Regulatory Authority (HRERA) has ordered that Developers should not repay loans taken from banks and financial institutions by usi.....
Tags : Haryana Real Estate Regulatory Authority
NCDRC: Builder-Buyer Agreements Often Favours Builders’ Interest(15.06.2017)
National Consumer Disputes Redressal Commission (NCDRC), while terming some builder- buyer agreements as ‘unconscionable contracts’, has observed that.....
Tags : National Consumer Disputes Redressal Commission, Real Estate
Raj. HC: Rule 76 of Raj. Minor Mineral Concession Rules Applicable When Lease Holder Dies Intestate(27.08.2024)
Rajasthan High Court has held that Rule 76 of Rajasthan Minor Mineral Concession Rules, 2017 which provides for procedure of mutation of the mineral l.....
Tags : Rajasthan High Court, Lease Holder, Intestate
Amendment in Section 2(zm) of the Real Estate (Regulation and Development) Act, 2016(29.11.2022)
In exercise of the powers conferred under sub-clause (iii) of clause (sa) of sub-section (1) of section 2 of the Prevention of Money-laundering Act, 2.....
Tags : Amendment, Provision, Real Estate
Compat: Flat buyers need not apply(26.04.2016)
The Competition Appellate Tribunal affirmed what the Competition Commission has been trying to tell residential flat buyers all along - builders canno.....
Tags : compat, real estate, dominant position
Government Notifies Remaining Sections of RERA, Act Shall Come into Full Force From May 1, 2017(20.04.2017)
Central Government has issued a notification announcing that sections 3-19, 40, 59-70, 79 and 80 of Real Estate (Regulation and Development) Act, 2016.....
Tags : Central Government, Real Estate (Regulation and Development) Act, 2016,
Demolition in Prez estate: Delhi HC Questions Centre, AAP Govt & Cops(12.12.2016)
Delhi HC has questioned the demolition of a slum dwelling, allegedly located in the precincts of the Presidential Estate for the past 40 years, and so.....
Tags : Delhi High Court, Demolition, Prez estate
Allahabad HC: Compliance of Pre-Deposit Mandatory Under RERA Act Before Entertainment(18.04.2022)
Allahabad High Court has ruled that the statutory compliance of a pre-deposit under Section 43(5) of the Real Estate (Regulation and Development) Act,.....
Tags : Allahabad High Court, Section 43(5) of the Real Estate (Regulation and Development) Act, 2016, Appellate Tribunal
Real Estate Bill Becomes Act Now(02.05.2016)
Real Estate (Regulation and Development) Bill, 2016 has became an act on May 1.
Tags : Real Estate (Regulation and Development) Bill, 2016
Karnataka Notifies RERA, Builders to Disclose Size of Apartment Based on Carpet Area(11.07.2017)
Karnataka government has notified Real Estate Regulatory (Regulation and Development) Act making it mandatory for all the builders to register with th.....
Tags : Real Estate (Regulation and Development) Act
Delhi HC: Not Bank’s Responsibility to Get Real Estate Project Completed(16.03.2023)
Delhi High Court while observing that banks can’t be loaded with responsibility of getting real estate projects completed, has held that it is for the.....
Tags : Delhi High Court, Real Estate, Bank
CCI inundated by real estate complaints(29.03.2016)
The Competition Commission of India has over the past few months been inundated by StatuteReal Estate (Regulation and Development) Bill, 2015(09.12.2015)
The Union Cabinet has approved amendments to the Real Estate (Regulation and Development) Bill, 2015 made by the Select Committee of Rajya Sabha. The .....
Tags : Real estate, bill, 2015, amendments
SC Clubs 81 FIRs Against Builder, Grants 6-Month Bail to Aid Settlement with Home Buyers(18.08.2025)
SC has clubbed 81 FIRs against builder Alok Kumar in ?13.94cr fraud case and granted 6-month bail to enable settlement with home buyers. Court said pr.....
Tags : Supreme Court, FIR Clubbing, Alok Kumar, Real Estate Fraud, Home Buyers, Temporary Bail
Supreme Court Says Karnataka Has No Right Over Historic 'Beaulieu Estate'(17.04.2017)
Supreme Court has said that Karnataka has "no right" over historic Beaulieu Estate in the heart of Bengaluru city as it was purchased nearly 117 years.....
Tags : Supreme Court, Beaulieu Estate
Widow has right to be ‘maintained’ on property(06.11.2015)
Hearing an appeal against a High Court order stating that a life estate vested in the widow of the deceased became her absolute property under Section.....
Tags : Widow, maintenance, absolute owner, estate
CCI Dismisses Allegations Against Real Estate Websites(05.05.2016)
Competition Commission of India (CCI) has dismissed allegations that five real estate websites, including Housing.com and Magicbricks.com, abused thei.....
Tags : Competition Commission of India , Real Estate Websites
NCDRC: Only Registered Home Buyers' Body Can File Complaint Against Builders(08.05.2017)
National Consumer Disputes Redressal Commission (NCDRC) has clarified that only registered Residents' Welfare Associations (RWAs), consumer organisati.....
Tags : National Consumer Disputes Redressal Commission, Real Estate
P&H HC on RERA: Inconvenience In Making Pre-Deposits Not A Circumstance Warranting Relaxation(28.01.2022)
Punjab and Haryana High Court held that mere hardship in making pre-deposits which include diverting funds is not an arduous circumstance in any manne.....
Tags : Punjab and Haryana High Court, Haryana Real Estate Regulatory Authority
ITAT, Bangalore: Irrecoverable Advances for Land for Real Estate Development Business Allowable(02.05.2022)
Income Tax Appellate Tribunal, Bangalore has ruled that the advances agreed for purchase of land in the normal course of business of carrying on real .....
Tags : Income Tax Appellate Tribunal, Income Tax Act, 1961, Real estate development
NCLAT Upholds NCLT Order to Initiate Insolvency Against Aditya Estates(09.09.2019)
National Company Law Appellate Tribunal (NCLAT) has rejected a plea challenging National Company Law Tribunal’s (NCLT's) order to initiate insolvency .....
Tags : NCLAT, Aditya Estates
Delhi HC: Suo Moto Proceedings Cannot be Initiated by Real Estate Appellate Authority(27.05.2022)
Delhi High Court has held that the Real Estate Appellate Authority is not vested with the power to initiate suo moto proceedings or on its own motion.
Tags : Delhi High Court, Real Estate Appellate Authority, Suo Moto
Allahabad High Court Orders Demolition of Real Estate Projects in Greater Noida(13.10.2015)
Allahabad High Court has ordered demolition of a number of real estate projects launched by major builders including Supertech, Amrapali and Jagat Tar.....
Tags : Allahabad High Court , real estate project, Greater Noida
Decisions taken by the GST Council in the 34 the meeting held on 19th March, 2019 regarding GST rate on real estate sector(19.03.2019)
GST Council in the 34th meeting held on 19th March, 2019 at New Delhi discussed the operational details for implementation of the recommendations made.....
Tags : GST Council, Meeting, GST rate, Real estate sector
Rajasthan HC: Respondents Have Right to Legal Representation Before Regulatory Authority/ Tribunal(29.04.2022)
Rajasthan High Court has observed that Section 56 of the Rajasthan Real Estate (Regulation and Development) Act, 2016, inasmuch as it excludes right o.....
Tags : Rajasthan High Court, Section 56 of the Rajasthan Real Estate (Regulation and Development) Act, 2016, Appellate Tribunal, Regulatory Authority, adjudicating officer, ultra vires
Rajya Sabha Passes Real Estate (Regulation and Development) Bill, 2015(11.03.2016)
Real Estate (Regulation and Development) Bill, 2015, which intends to protect home buyers, bring in transparency and plug the flow of unaccounted mone.....
Tags : Real Estate (Regulation and Development) Bill, 2015