Browsing Tag

property law India

14 posts
In a blow to real estate borrowers, the Bombay High Court has ruled that a single mortgage securing multiple loans counts as separate transactions, forcing Mumbai developer Neepa Real Estates to pay an extra ₹72 lakh in stamp duty and penalties on ₹625 crore worth of loans.

Homebuyers Come Before Banks: MahaRERA Pulls Bank For Ignoring Homebuyers While Lending Money to Builder

In a landmark ruling in the Ashish Sea View case, MahaRERA has declared that homebuyer rights take precedence over banks’ SARFAESI claims. The authority criticised lenders for failing to verify third-party rights and directed them to conduct thorough due diligence before granting project loans. The order significantly strengthens protections for Maharashtra homebuyers.
Minor Can Cancel Sale of Property by Guardian Once Attaining Majority_ Supreme Court Clarifies Rights

Minor Can Cancel Sale of Property by Guardian Once Attaining Majority: Supreme Court Clarifies Rights

Supreme Court rules that minors can cancel or repudiate sales of their property made by guardians without court permission — either by suit or by conduct — reshaping property law under the Hindu Minority & Guardianship Act.
Even After Death, Legal Heirs Must Honour Property Deals: NCLAT Orders Execution of Sale Deed in ₹100-Crore Educomp Land Case

Even After Death, Legal Heirs Must Honour Property Deals: NCLAT Orders Execution of Sale Deed in ₹100-Crore Educomp Land Case

In a landmark decision, NCLAT held that property sale obligations survive the seller’s death—legal heirs must execute the sale deed if payment and possession were completed. The ruling clarifies NCLT’s jurisdiction under IBC.
In a landmark decision, the Bombay High Court has affirmed that once you buy land, get it registered, and take possession after due permissions, no authority can revoke the deal years later over unrelated old agreements – a huge boost for property buyers in Maharashtra.

If You’re a Loan Guarantor, Your Property Can Be Attached and Auctioned — Even If You Move Court, Rules Bombay High Court

The Bombay High Court has ruled that cooperative societies can legally attach and auction a guarantor’s property for unpaid loans — even if the guarantor files a civil case. The judgment clarifies that civil courts have no jurisdiction once recovery begins under the MCS Act.
In a landmark order, the Supreme Court directed a CBI inquiry into DLF's premium Gurugram project 'The Primus,' citing a glaring mismatch between promised luxury amenities and on-ground realities, while slamming authorities for failing to protect homebuyers who invested life savings.

Third-Party Rights Must Be Considered When Appeals Are Revived After Long Delays: SC

The Supreme Court has set aside a Bombay High Court order that restored a 14-year-old dismissed appeal, ruling that courts must weigh third-party rights before condoning such extraordinary delays, particularly in real estate disputes.