Browsing Category

Realty

4124 posts

Stay updated with the latest news and trends in the realty sector. This tag encompasses various aspects of real estate including property developments, market insights, investment opportunities, and industry news, providing comprehensive coverage for real estate professionals and enthusiasts.

Get the latest news, trends, and insights in the real estate industry. This tag covers a wide range of topics including market analysis, property developments, investment opportunities, and residential and commercial real estate updates. Stay informed about the dynamics shaping the real estate sector.

HC sets aside order granting extra land to a bifurcated flat owners' society, says bifurcation itself is final conveyance.

Bombay HC: Safe Homes Trump Builder Profits — Society Wins 13-Year Redevelopment Battle

“In a verdict that will resonate across Maharashtra, the Bombay High Court has held that the lives and safety of housing society members cannot be held hostage to a developer’s commercial interests. After 13 years of complete inaction, the Court refused to block redevelopment, declaring: the right to safe homes must prevail over builder profits.”
Maharashtra simplifies 37A approvals, speeding up redevelopment and property deals on leasehold land, offering relief to homebuyers.

Builder Fails in Redevelopment, Homebuyers Lose Flats — and Society Walks Free, Says Tribunal

Eight Mumbai families paid crores for flats in a redevelopment gone wrong. The builder failed, the society moved on — and the Tribunal said the society owes them nothing.
Hundreds protest at Sanjay Gandhi National Park against encroachment evictions; Forest Department claims many are repeat encroachers who misused rehabilitation, while tribals assert ancestral rights under Forest Rights Act.

Sanjay Gandhi National Park: Maharashtra Govt Sets Up Grievance Committee for Encroachment Rehabilitation Disputes

Maharashtra government has set up a Grievance Redressal Committee to handle disputes over eligibility in the rehabilitation of encroachers in Sanjay Gandhi National Park. The panel will act as the final authority, with strict timelines of 30 days for appeals and 90 days for decisions.
Maharashtra has scrapped NA permission and annual NA tax, introducing a one-time online conversion premium system to simplify land development approvals across the state.

Maharashtra Ends NA Permission, Introduces Single Online System for Land Conversion Under New Law

Maharashtra has scrapped NA permission and annual NA tax, introducing a one-time online conversion premium system to simplify land development approvals across the state.
ITAT Mumbai has given major relief to homebuyers by holding that stamp duty value on the date of allotment, and not registration, must be considered under Section 56(2)(x) when part payment is made through banking channels at the time of booking.

Hacked Email, Rs 1 Crore Property Deal and a Penalty She Never Deserved

Tax notices went to her hacked email. She explained a Rs 1 crore property deal, officer accepted everything — yet a Rs 20,000 penalty followed. ITAT set it right.