Legal

The Insolvency and Bankruptcy Board of India (IBBI) suggests granting ownership to debt-free purchasers who already own their property during the insolvent real estate firm's bankruptcy settlement. However, the committee of creditors must approve this plan.

The Treasury Department regrets Diwali property registration inconveniences. Diwali, particularly Dhanteras, is a lucky time to purchase property, but this year, system maintenance suspended the registration process, preventing homebuyers from completing their deals.

MahaRERA's groundbreaking mandate requires developers to mention agent commissions, broking fees, and charges in sales agreements with licensed real estate agents. This requirement strengthens agents' official roles in transactions and improves openness and accountability in real estate transactions

MahaRERA has warned purchasers about 314 housing projects undergoing corporate bankruptcy resolution at the National Company Law Tribunal. A major 236 projects are in Mumbai, 52 in Pune, nine in Haveli, and five each in Ahmednagar and Solapur.

Market Value in Telangana is calculated based on the land rates of properties.

This guide on GHAR helps you find out details on Guidance Value in Chennai, ready reckoner rates in Chennai and how to check the same online.

The Maharashtra government is preparing to modify stamp duty laws, affecting real estate and business. This document details the proposed modifications and their predicted effects.

Learn all about the circle rates in Himachal Pradesh, how they are calculated, and the key factors that influence them, such as location, size, and area of the property. Find out circle rates for Shimla, Manali, Kangra, and other regions.

As Mumbai's real estate market continues to rise, Greater Mumbai property registrations rose 12% in 2024 to over 1.5 lakh in the first nine months. This 12% YoY rise in registrations has brought Rs 8,892 crore to the state exchequer.

Section 80CCF allows taxpayers to invest in infrastructure bonds and deduct their investment. Taxpayers can save a lot and build infrastructure by knowing this clause.

Project delays may be a major issue for homebuyers. Delays ruin plans and cost money and mental energy. Here are five sensible methods to avoid legal issues and streamline the home-buying process.

In reaction to outsiders buying property in Uttarakhand's mountains, the state has taken action. Many buyers have found ways to evade regulations allowing persons to buy up to 250 square meters of land for personal use in non-municipal areas.

Maharastra has highlighted concerns over 212 housing projects constructed between January and April 2023. Without necessary construction updates, these projects violate rules and have forced MahaRERA to take significant action.

The Group of Ministers (GoM) on real estate has eliminated GST exemptions on private long-term land leases, a critical step. Tourism firms requesting exemptions are affected by this ruling. The meeting additionally discussed important subjects including housing society construction service taxation.

In Karnataka, DC conversion is required before utilising agricultural land for residential, commercial, or industrial uses. Ghar provides a tutorial on DC Conversion of Agricultural Land in Karnataka to assist you understand the procedure and prevent any legal difficulties.