TGRERA Fines Hyderabad Builder for Improper Sale Agreement
The Telangana State Real Estate Regulatory Authority (TGRERA) has taken strict action against a Hyderabad-based builder for failing to comply…
Supreme Court Rules Women Need Not Pay Stamp Duty for Property Acquired in Divorce Settlement
In a landmark judgment, the Supreme Court of India has ruled that a woman is not required to pay stamp…
ITAT Ruling: Legal vs Beneficial Ownership in Property Sales | Capital Gains Tax Relief
In a ITAT Ruling, the Income Tax Appellate Tribunal, Mumbai bench has clarified the distinction between a legal owner (whose…
NCLAT Strengthens Homebuyers Rights: Orders Transfer of Maintenance to Apartment Owners’ Association
The National Company Law Appellate Tribunal (NCLAT) has issued a significant ruling ensuring that apartment owners’ associations gain control over…
Builder Cannot Unilaterally Cancel a Flat Allotment
The Telangana Real Estate Regulatory Authority (TGRERA) recently ruled against a builder and a real estate agent for cancel a…
MREAT Orders Builder to Refund Homebuyers for Delayed Possession, Pre-EMI & Stamp Duty
In a landmark ruling favoring homebuyers, the Maharashtra Real Estate Appellate Tribunal (MREAT) has directed Mumbai-based Ekta Parksville Homes Pvt…
Gujarat RERA Suspends Sahajanand Green City Project in Surat
The Gujarat Real Estate Regulatory Authority (GUJ RERA) has issued an order suspending the registration of the housing project ‘Sahajanand…
Understanding Tenancy Rights under Section 50C of the Income Tax Act
The issue surrounding tenancy rights and their treatment under the Income Tax Act, particularly Section 50C, has recently gained attention…
Suraksha Group Gets UP-RERA Revalidation for Seven Jaypee Infratech Projects
The Suraksha Group has secured revalidation of the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) registration for seven incomplete housing…
MREAT: If the allottees are not the responsible for the reasons for delay, they are entitled to reliefs under Section 18 of RERA Act and cannot be saddled with consequences for delay in completing project. #Limitation does not apply to real estate booking.
By Staff Reporter: The Maharashtra Real Estate Appellate Tribunal (MREAT) on January 24, 2025, issued a significant judgment concerning a…