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Articles by Realty Bytes
IBBI Introduces Landmark Amendment To The CIRP Regulations Ensuring The Welfare Of Homebuyers
The Insolvency and Bankruptcy Board of India ("IBBI") through a notification issued on February 3, 2025, amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 ("Regulations") to secure the interests of homebuyers, with the purpose of enhancing the efficiency, transparency, and fairness in the Corporate Insolvency Resolution Process ("CIRP") in cases of real estate projects and large creditor groups.
Real Estate Update | Issuance Of Deemed Conveyance
The Hon'ble Supreme Court of India vide order dated 1 April 2025 in the recent case of M/S Faime Makers Pvt. Ltd. Vs District Deputy Registrar, Co - Operative Societies (3), Mumbai & Ors. held that a certificate of deemed conveyance under Section 11 of MOFA (defined below) cannot be issued automatically without strict compliance. The case pertains to a challenge against the deemed conveyance certificate issued under Section 11 of the Maharashtra Ownership Flats Act, 1963 (“MOFA”).
Purchase Of An Under-construction Immovable Property From A Company Under Liquidation Would Not Constitute A Supply
AC Aurtus Consulting LLP More Aurtus is a full-service boutique firm providing well-researched tax, transaction and regulatory services to clients in India as well as globally. At Aurtus, we strive to live up to our name, which is derived from ’Aurum’ - signifying the gold standard of services and ‘Ortus’ – implying a sunrise of fresh/innovative ideas and thought leadership.
Breaking Barriers: SC Strikes Down Rule Hindering Property Registrations Without Title Docs
IL IndiaLaw LLP More Founded by Managing Partner K.P. Sreejith, INDIALAW began as a small firm in Mumbai with a commitment to client service and corporate-focused legal solutions. From its modest beginnings, the firm has grown into a respected name by prioritizing excellence, integrity, and tailored legal strategies. INDIALAW’s team believes in adapting to each client’s unique needs, ensuring that solutions align with individual circumstances and business goals.
Unauthorized Possession And Mesne Profits: Legal Implications And Analysis
SC Solomon & Co. More Solomon & Co. is a full-service law firm headquartered in Mumbai, the financial and commercial capital of India, with offices in Mumbai and Pune. Founded in 1909, the firm is ranked amongst the most reputed law firms in the country.
Parliament Passes Waqf (Amendment) Bill, 2025
KC Kochhar & Co. More With more than 200 lawyers, Kochhar & Co. is one of the leading and largest corporate law firms in India (""Firm”) . Kochhar & Co. enjoys the distinction of being the only law firm with a full-service presence in the six (6) prominent cities of India namely: New Delhi, Mumbai, Bangalore, Chennai, Gurgaon and Hyderabad and four (4) overseas offices: Dubai, Singapore, Atlanta, Jeddah.
Unauthorized Construction And Authority Negligence: What The Supreme Court Has Said
SO S&A Law Offices More S&A Law Offices is a full-service law firm comprising experienced, well-recognized and accomplished professionals. S&A Law Offices aims to provide its clients (both domestic and international) with top-quality counsel and legal insights, which combines the Firm's innovative approach with comprehensive expertise across industries and a broad spectrum of modalities.
Analysis Of SC's Recent Judgment In Bernad Francis Vis-a-vis Constitutional Right To Property And Fair Compensation Under The Land Acquisition Laws In India
The first step before proposing any infrastructural change in a State is to assess the available land resources in the State. It is only when the Government is satisfied as regards the availability of sufficient land resources both, inhabited or uninhabited, for greater public purpose, it proposes a development project after taking into account the various factors.
Dissecting The Duality Of Loss Of Profits Claims Under Construction Arbitration
In the realm of Infrastructure Arbitration, claims and disputes relating to project delays and disruptions are not uncommon. These usually involve complex issues of derailment in completion of Project Schedules due to material defaults by the Employer in its obligations, having substantial impact on Project costs. In such scenarios, construction law recognises that owner-caused delay entitles the contractor to recover from the owner the increased overhead and loss of profit as part of damages.
Jurisdiction Of RERA Over Unregistered Projects: Punjab And Haryana High Court Upholds Allottees' Rights
The Division Bench of the Hon'ble High Court of Punjab and Haryana ("High Court") in a recent judgment1 addressed the issue of jurisdiction in cases involving complaints against promoters related to unregistered projects under Real Estate (Regulation and Development) Act, 2016 ("RERA").
Realty Bytes - March 2025
Fox & Mandal More Our focus on responsive and collaborative engagement with our clients is motivated by a desire to seek alignment of values, purpose and ambition. Our extensive clientele extends across varied industry sectors, Fortune 500 companies, domestic conglomerates, startups, PSUs, MNCs, and non-profits. We have grown and expanded to keep pace with our clients and have a team of 20 partners and over 120 professionals across our offices in Kolkata, Mumbai and New Delhi.
Vietnam's New Regulations On Bank Guarantees Set To Take Effect
On October 25, 2024, the State Bank of Vietnam (SBV) issued Circular No. 49/2024/TT-NHNN ("Circular 49") amending and supplementing certain provisions of Circular No. 11/2022/TT-NHNN dated September 30, 2022, on bank guarantees ("Circular 11").
Clarification On Exemption From Project Registration And Interpretation Of Commencement And Completion Certificate
Recently, the Maharashtra Real Estate Regulatory Authority ("MahaRERA") has issued an Order bearing No.62/2024 on October 22, 2024 ("Order") clarifying the following important issues: 1. Projects for which registration is not compulsory; 2. What constitutes commencement certificate and completion certificate in case of plotted developments. 1. With respect to Section 3(2)(a) of the Real Estate (Regulation and Development) Act, 2016 ("RERA Act"), the MahaRERA has clarified that: 1.
The Real Estate Insolvency Paradox
The Corporate Insolvency Resolution Process (CIRP) for real estate companies is notably distinct from other sectors due to its unique challenges and complexities. Real estate companies often have multiple projects at various stages of completion and in different geographical locations, necessitating a more adaptable and innovative approach for effective resolution.
Waqf In India: Evolution, Laws, Challenges & Waqf (Amendment) Bill, 2024
JA J.P. Associates More J.P. Associates is Boutique Law Firm specialising in Intellectual Property and Indirect Taxation. We believe in practical solutions with resolute dedication to our clients. With an experience of over 20+ years in the aforesaid fields we are capable to swiftly resolve even the most complex legal issues in these fields. Waqf is basically an Islamic trust in which people or groups of individuals donate their assets for a religious or charitable purpose.
Nature Of Concessions - Stamp Duty Implications
Concessions require proper structuring, keeping in mind various aspects, including stamp duty. Expert advice from corporate lawyers and infrastructure lawyers is required to have a futuristic perspective and effectively protect legitimate business interests within the legal regime's parameters. Stamp duty is applicable on an 'instrument' and not a transaction. The instruments shall be chargeable with duty of the amount indicated in the relevant schedule as the proper duty.
Oberoi Mall Goregaon Mumbai - A Shoppers Paradise
Experience retail in one of the excellent malls of Mumbai, Oberoi Mall. The mall is spread across an area of more than 5 Lakh Square Feet. There are more than 100 outlets in the mall. In 2022, Oberoi Mall, Goregaon received Platinum LEED Certification. It is an indicator of sustainable practices followed by the mall. The mall is lauded for its exceptional energy efficiency practices.
Bhoomi Karnataka Land Records Department to Launch a New Land Records Auditing Software
A English Home Blog Property News Bhoomi Karnataka Land Records Department to Launch a New Land Records Auditing Software Published: Oct 17, 2024, 14:55 IST By: Ruchi Gohri Karnataka revenue department will launch a new land records audit software to perform detailed annual audits for several land pieces. The Revenue Department of Karnataka has decided to launch a new Jummabandi software to perform detailedaudit of Bhoomi Karnataka Land Records.
How To Apply for Occupancy Certificate in Hyderabad
The Hyderabad real estate market has been booming for the past few years, and people from various cities are buying property in the city. So, people should be aware about the procedure to get an occupancy certificate in Hyderabad. An occupancy certificate is an important document that is necessary before moving into a new house as it ensures that the house is constructed as per the laws.
Ordinance to Amend Maharashtra Stamp Duty Act Released
The MahaYuti government has recently released a law that allows amendments to the Maharashtra Stamp Act 1958. The government has proposed an increase in stamp duty on agreements, affidavits and other documents from Rs 100 to Rs 500. The share capital stamp duty has also doubled from Rs 50 lakh to Rs 1 crore. The ordinance was released on October 14, 2024. Why Is The Ordinance Released?
Ginger Plant - How To Grow At Home, Care Tips, Benefits, & More
Ginger plant is a loving spice and medicinal plant that can be easily grown at home. Whether you have it to spice your meals or just for health reasons, having fresh ginger supplied right in your garden or indoors is rewarding. The best part of this plant is that it is low-maintenance and thrives well in pots and garden beds, making it a great option even for beginners. The blog will walk you through the process of how to grow ginger plants at home.
Sara Ali Khan Purchases 2 Office Spaces Worth Rs 22 Crore
A English Home Blog Property News Sara Ali Khan Purchases 2 Office Spaces Worth Rs 22 Crore Popular actress Sara Ali Khan purchased two commercial office spaces in Andheri West with her mother Amrita Singh. The deal has been concluded for Rs 22.26 crore. Know more about the news here. Table of Contents Actress Sara Ali Khan and her mother, Amrita Singh, have invested Rs 22.26 crore in purchasing two commercial properties in Andheri West, Mumbai.
Agra Metro Line-2 To Be Designed by L&T from Kalindi Vihar To Agra Cantonment
A English Home Blog Property News Agra Metro Line-2 To Be Designed by L&T from Kalindi Vihar To Agra Cantonment Published: Oct 17, 2024, 09:51 IST By: Pawni Mishra The Agra Metro line-2 will have 14 stations, constructing 15.09 km of elevated track and 2.61 km. October 17, 2024: The Uttar Pradesh Metro Rail Corporation Ltd. (UPMRCL)has given the contract to Larsen & Toubro (L&T) to design and construct the Agra metro line-2.
Amaryllis Flower - How To Grow, Care Tips, Images & More
Amaryllis is just one of the simplest flowering plants to grow indoors and really brighten up your home. These have big trumpet-shaped blooms in red, white, pink, or orange. If you want to plant amaryllis bulbs for holidays, then you are sure to have gorgeous flowers with some steps. Like tulips and daffodils, they grow as bulbs but can bloom as late winter or early spring. They are often sold in kits with a pot and soil mix; hence, this is the best choice for indoor gardening.
Lake Mall Kolkata - Shoppers Paradise
Lake Mall has an assortment of shops, a food court, a Cinepolis multiplex, and a game zone. It is centrally located with the nearest metro station at Kalighat. Learn more about Lake Mall Kolkata in this blog. Lake Mall is one of the busiest malls in Kolkata with retail shops, entertainment hubs and food outlets. One of the latest additions to the commercial sectors in South Kolkata, the Lake Mall is a recently opened shopping Mall in the city.
How to Grow Basil Plant at Home - Basil vs Tulsi Plant
Of all the herbs that are available in the world, one can clearly vouch for the fact that Basil is the most loved. Lauded for its aromatic leaves, Basil plant has become a kitchen essential worldwide and the plant lives up to its reputation by proving its culinary versatility. What makes basil an indispensable part of dishes such as sauces, pesto, pizza and salads is that fresh basil adds a bright and refreshing flavour while the dried leaves provide a concentrated taste.
Thane Korum Mall in Thane West - For Shopping & Entertainment
Thane Korum Mall is a must-visit for shopping and entertainment. It offers everything under one roof. The mall is an iconic landmark in Thane. It offers a wide range of brands. Additionally, it has an expansive food court. So shoppers can enjoy mouthwatering cuisines. This mall’s offerings do not end with shopping and food. You also get various entertainment options here, like a kid’s play zone and a modern multiplex. The allure of Korum Mall is not just about the services and products.
Land Acquisition Approved for Aerocity to Tuglakabad Corridor Under Delhi Metro Phase 4
The Lieutenant Governor of Delhi, Vinai Kumar Saxena, has approved the land acquisition for the Aerocity to Tuglakabad Corridor covered under Delhi Metro Phase 4. The acquisition of a land parcel of 1,688 sq mtr has been approved by the governor in Khanpur Village in South Delhi. The land acquisition project has been pending since 2020. After this land acquisition clearance, the metro corridor is expected to be completed within a year.
UP RERA Directs Developers to Collect 10 Per Cent of Total Amount While Signing Sale Agreement
A English Home Blog Property News UP RERA Directs Developers to Collect 10 Per Cent of Total Amount While Signing Sale Agreement Published: Oct 15, 2024, 16:36 IST By: Ruchi Gohri UP RERA has directed officials to roll out a model of sale agreement that developers need to sign with buyers at the time of sale. UP RERA has directed realtors to sign an agreement for sale transactions and collect over 10 per cent of the total amount to be paid when selling a property.
Rudrapur-Pantnagar Highway to be Relocated for Pantnagar Airport Expansion Project
A English Home Blog Property News Rudrapur-Pantnagar Highway to be Relocated for Pantnagar Airport Expansion Project Published: Oct 16, 2024, 12:40 IST By: Ruchi Gohri The pantnagar airport expansion project covers the relocation of Rudrapur-Pantnagar Highway by 7 km. A land parcel has also been allocated for the same. The Airports Authority of India is working on expanding Pantnagar Airport.
Gopalan Mall - Old Madras Road Bangalore
The Gopalan Mall located on Old Madras Road in Bangalore, is one of the most popular malls in the city. The mall has a ground floor and four upper floors, home to many popular brands for shopping, eating, and fun activities. There are two basements with 450 slots for car parking. The food court and fully-functional entertainment zone has made this mall one of the busiest malls in Bangalore.
How to Grow Grape Plant and Take Care of it
Grapes are very versatile, used both for consumption purposes as well as for wine-making. Therefore, growing grapes is said to be the toughest job of all, but if well taken care of and paid attention to, your grapevine grows well in most climates and provides fruit for years. This blog will take you through planting and care of grape plants as well as protection of grape plants from common diseases.
Adani Airport Holdings to Invest Rs 1,300 Crore in Trivandrum Airport Expansion
Adani Airport Holdings Ltd (AAHL) is set to invest Rs 1,300 crore in the expansion of Thiruvananthapuram International Airport by 2027. The investment would be made towards 'Project Anantha,' which aims to improve the airport's facilities substantially. A new terminal will be constructed to reflect the style of famous temples in Kerala. Trivandrum Airport Area Currently, the airport covers an area of 45,000 square metres and serves around 3.2 million commuters every year.
EWS Certificate Delhi - How to Apply, Benefits, Importance
EWS certificate in Delhi gives certain benefits to the poor. The Government of India gives ample benefits to those individuals who fall under the following groups - Scheduled Castes (SC), Scheduled Tribes (ST) and Other Backward Classes (OBC). However, there hadn’t been many provisions on the part of the government for the upliftment of those belonging to the General category. A simple but effective bill passed 5 years ago (in 2019) changed that.
Pansy Flower - Meaning, Quick Facts, and Planting Time
Pansy flower is a hybrid flower. Pansy seeds are a mix of a European wild flower known as Viola tricolor and wild violet flower. Pansies are known for their symbolism. The traditional meaning of Pansy is romantic love and affection. Pansy Flower Meaning There are several meanings attached to Pansies. They are often associated with feelings. The feelings linked to Pansy flowers can be both happy and sad. Further, these feelings can be towards your romantic partner, parents or other family members.
Bangalore Airport to Soon Launch Flying Taxis
Kempegowda International Airport (KIA) will be the first airport in India to launch flying taxis for smoother commuting. The initiative is a partnership between Bangalore International Airport Limited (BIAL) and Sarla Aviation. Under the initiative, flying electric taxis will be introduced for public use, easing the notorious traffic congestion in the city. This step is expected to drastically reduce travel time between the airport and key areas of the city, such as Electronic City.
Rhododendron - Meaning, Facts, and How to Grow
Rhododendrons have a rich history. It has been suggested by some scientists that these plants may be around the age of the Himalayan Mountains. The Rhododendron is an evergreen shrub. There are more than 1000 species of Rhododendrons. Rhododendron flowers come in several colours. These include Yellow, pink, red, orange, white, and purple. The sub species of Rhododendron flower is Azaleas. Rhododendron Meaning The exact meaning of the Rhododendron is the red tree.
Rs 100 crore for a Flat! India’s Costliest Super Luxury Apartments in Gurugram
Gurugram: DLF Ltd is soon going to launch its much-anticipated premium luxury project, The Dahlias. Located on Golf Course Road in Gurugram, it will soon be the costliest residential project in India, with an average sale ticket size of Rs 100 crore.
State Govt. Plans to Make Amendments to Odisha RERA Act Terms and Conditions
A English Home Blog Property News State Govt. Plans to Make Amendments to Odisha RERA Act Terms and Conditions Published: Oct 15, 2024, 12:57 IST By: Ruchi Gohri The government has decided to change Odisha RERA Act rules to resolve land registration issues. Suresh Kumar Pujari, the Revenue Minister, has disclosed in his statement that the state government is planning to make changes to the terms and conditions of the Odisha RERA Act.
How to Grow and Care for Pomegranate Plant - Its Varieties & Uses
Pomegranate plants are famous mainly for their red succulent fruit and sweet edible seeds. Their ideal growth conditions are in warmer climatic regions and they have various health benefits. Given below are some of the key features of pomegranates Pomegranate plants are shrubs and small trees that produce fruits with juicy seeds that cling to their red outer wall.
Jantri Rates in Gujarat May Soon Witness a Revision
A English Home Blog Property News Jantri Rates in Gujarat May Soon Witness a Revision Jantri rates in Gujarat may soon witness a revision, making properties costlier in the state. However, the government will seek public input before finalising the new rates to make it less burdening. Here’s all you need to know about the news. The government of Gujarat is seeking public opinion before finalising the new jantri rates in the state.
GT World Mall in Vijayanagar Bangalore
Formed in 2017, GT World Mall is considered one of the top places in Bangalore for shopping, eating out, and fun activities due to its location parallel to Magadi Road towards the vibrant Vijayanagar neighbourhood. The full form of GT in the mall’s name stands for Gangamma Thimmaiah.
State Government Approved New Routes for Pune Metro Phase 2
The state government has asked the Pune metro authority to prepare a detailed project report (DPR) based on guidelines approved by the Indian government. October 15, 2025: Pune government has approved new metro routes for Pune Metro Phase 2 to improve the connectivity to different parts of the city. The new lines will be from Khadakwasla to Kharadi via Swargate and Hadapsar, Paudphata to Manikbaug via Warje, Ramwadi to Wagholi, and Vanaz to Chandni Chowk.
Cross River Mall Shahdara Delhi - Biggest Mall In Karkardooma
Cross River Mall Shah Delhi has earned a name of itself as one of the best shopping destinations of East Delhi. The biggest mall in the happening locality of Karkardooma, learn all about this stand out mall. Table of Contents The largest mall in Karkardooma in the eastern part of Delhi, Cross River Mall Shahdara Delhi has revolutionised the way people shop in the nearby areas of Nirman Vihar, Preet Vihar, Dayanand Vihar, Rishabh Enclave, and Surajmal Vihar.
Brookefields Mall - A Leading Shopping Mall In Coimbatore
Brookefields Mall is strategically located on Brookebond Road in Coimbatore. Biggest in the city, it covers an area of over 450,000 square feet, with ample facilities. The mall was officially opened to the public in May 2009. It became the largest entertainment spot in the city in no time. Formerly, it belonged to Brooke Bond Lipton, which had a tea processing unit above it. Further, in 2016, Blackstone Inc. was about to buy Brookefields Mall and make it a part of their Nexus Malls.
Sampada-2 Launched For Property Registration In Madhya Pradesh
A English Home Blog Property News Sampada-2 Launched For Property Registration In Madhya Pradesh Published: Oct 14, 2024, 16:23 IST By: Kanika Arora The state government of Madhya Pradesh has launched ‘Sampada-2’ project. Under the project, the property registration and stamping will be done online. October 14, 2024: Madhya Pradesh CM launched the aspiring project ‘Sampada-2’ on Saturday.
Coleus Plant at Home- Feng Shui, Types, and Benefits
Coleus plants are a beautiful piece to look at because of their attractive colours. Another reason why people wish to bring this plant home is because it is easy to maintain, there are tons of varieties available and most importantly it is recommended in Feng shui. Surprisingly, this plant comes from a family of mint plant. Here we discuss the right placement of coleus plant as per feng shui, various types, and benefits of the plant.
Phoenix Market City Mall Mumbai
Thousands of people visit the Phoenix Mall Mumbai Kurla every day to experience the incredible ambience and youthful energy. Sprawling across a big region, this mall is a top location for the city's teens. It is the perfect place to explore something new or binge in your favourite retail stores or restaurants. Here, there are numerous options when it comes to fun. This mall hosts some of the most exciting events, too. Check out more details about Phoenix Mall Mumbai Kurla in this blog.
Transfer Your Home Loan Keeping These Important Tips in Mind
Want to transfer your home loan to a different lender? Refinancing is often referred to as a balance transfer of the existing loan to a new lender, whereby one can obtain better interest rates or terms. Generally, it's done when many are under stress due to high EMIs or rising interest rates. It can decrease your monthly payments, save on interest, or give you access to other benefits such as extended tenure, top-up loans, and no prepayment penalties.
MHADA Lowers Ready Reckoner Additional Area Charges To 110 Percent In Mumbai
A English Home Blog Property News MHADA Lowers Ready Reckoner Additional Area Charges To 110 Percent In Mumbai Published: Oct 14, 2024, 13:56 IST By: Kanika Arora MHADA has reduced the additional area charges of the ready reckoner rate in Mumbai since many beneficiaries couldn’t afford the extra cost.
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