Legal Heir Certificate

Legal Heir Certificate In case of a sudden demise of a family member, a legal heir certificate must be obtained for transferring the assets of the deceased to his/her legal heirs. A legal heir certificate is a very important document to establish the relationship between the deceased and legal heirs. Once the death certificate is […]

Stamp Duty on Property increased to 6 percent in Mumbai

Stamp Duty on Property increased to 6 percent in Mumbai The Maharashtra Government on Tuesday issued a notification introducing an additional one per cent of stamp duty to be collected as surcharge on property transactions in Mumbai. The reasoning behind the move is Maharashtra Government needs funds to finance major infrastructure projects currently underway in […]

RERA – Developer should display Sanctioned Plans of the project at the Site

RERA – Developer should display Sanctioned Plans of the project at the Site  As per the latest Supreme Court Ruling on a RERA case – the Developer is bounded to display Plans Sanctioned  by Authorities. It has to be put at the project at the Site. In the case of Ferani Hotels Pvt. Ltd. V. The […]

Members Cannot get Second Car Parking Slot- Mumbai High Court Judgement

Members Cannot get Second Car Parking Slot – Mumbai High Court Judgement In a recent Mumbai High Court Judgement, Judge ruled that Members cannot get second Car Parking if other members requiring car parking does not have even a single parking slot. Bye-Law No. 81 of Model Bye-laws of the Society Bye-Law No. 81 of […]

Car Parking in Cooperative Housing Societies

Due to shortage of space and improper planning, there are many disputes between residents for Car Parking in Cooperative Housing Societies. In this article, we will talk about the Laws, Rules and regulations regarding Car Parking in Cooperative housing Societies Many times the Builders treat the open space available in housing societies as if it is their […]

Housing Society Certificates tax benefits

Housing Society Certificates will now suffice for tax benefits

Tax Benefits – Housing Society Certificates   The income-tax tribunal has ruled that completion certificates from govt authorities are not a must for availing of home loan tax exemption. Home buyers might get relief from the income tax (I-T) department even if the developer has not obtained the completion certificate. According to a recent order […]

Minority members obstruct development

Minority members cannot obstruct the development of the building

  In the matter of redevelopment of Azad nagar Co-op Hsg Soct Ltd, Bombay High Court, Justice Gautam Patel held as under:- 1) Notification issued u/s 79A under Maharashtra Co-operative Society Act(MCSC) dated 3rd January 2009 is just directory and not mandatory, substantial compliance is sufficient. 2)In case of dispute between Developer & Society, civil […]

RERA effective from May 1st 2017. Some important points one must know!

MOFA continues to apply. However, if there is any inconsistency between RERA and MOFA, RERA will apply. Every project which does not have the Occupation Certificate and would be advertised for sale of flats should be registered with RERA. Therefore, possibly many buildings/societies being occupied without having an Occupation Certificate need not be registered with […]

Divorce by NRIs

Questions on Divorce by NRI’s

General questions that can arise for an NRI married in India are: Can a marriage which is solemnized in India dissolved by foreign Court? Can an Indian living abroad file a case for Divorce in foreign Court? Whether a decree of divorce granted by foreign Court valid, legal and binding in India? Whether an exparte […]

FAQ’s on Real Estate (Regulation and Development) Act

I. General FAQs 1. What are the objects and reasons for which the Real Estate (Regulation and Development) Act 2016 has been framed? Ans: The Real Estate Act is intended to achieve the following objectives: • ensure accountability towards allottees and protect their interest; • infuse transparency, ensure fair-play and reduce frauds & delays; • introduce […]