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The RERA was enacted to protect the interest of the homebuyers and boost investment in the sector.

The Supreme Court has recently held in K Sreedhar v Raus Construction Pvt Ltd 2023 SCC OnLine SC 13 that merely because certain properties are shown in revenue records as agricultural lands.

With a view to monetise the operational national highways, the National Highway Authority of India introduced the Toll Operate and Transfer model for partnership with private developers in the road sector.

The Notification provided that all applications for environmental clearance would be considered on merits and as per the applicable norms provided for in the Environment Impact Assessment Notification 2006.

. During the course of proceedings, Court had directed the Petitioner to file an affidavit detailing its assets, bank accounts and the amounts lying in the banks within the Territory of India.

The Supreme Court of India has delivered a landmark ruling in a redevelopment dispute, firmly establishing that Permanent Alternate Accommodation Agreements executed under the Maharashtra Housing and Area Development Act are statutory instruments, not mere private contracts. This decision addresses critical questions about developer obligations, occupant rights, and regulatory authority when redevelopment projects fail to honor commitments made to original tenants.

Benjamin Franklin's famous quote - "lost time is never found again" – is apt in the arena of construction contracts. Most construction contracts boldly...

The primary objective of foreign investment could not have been more aptly defined than by Dr. Jaslin U. Salmon, National Coordinator, Poverty Eradication Programme, Jamaica; when he stated, "Foreign investment must empower the poor".

Obtaining an Environmental Clearance is critical for infrastructure, real estate, and manufacturing sector. Historically, project proponents have faced issues in getting Environmental Clearance not because there is an issue with their project but because the State Level Appraisal bodies have become non-functional due to expired tenures resulting in bulk transfer of pending applications to an already overburdened Central Authority.

Recent times have witnessed rapid increase in urbanization owing to population explosion. This mushrooming of concrete jungle has also caused the levels of pollution to rise to a great extent.

The Reserve Bank issued draft guidelines on May 03, 2024, for stakeholder comments on project loan financing.

In our Newsletter dated 4 February 2015 we had dealt with Press Note 10 of 2014 with respect to the Foreign Direct Investment Policy in the Construction Development sector which further liberalized FDI into the sector by providing relaxed conditions for 100% FDI under the Automatic route.

Whether the Single Judge of the High Court erred in upholding the arbitral Award, warranting interference under Section 37 of the Act.

The Supreme Court in Vedanta Ltd. v. Shenzhen Shandong Nuclear Power Construction Co. Ltd. has provided salutary guidance to arbitrators regarding the grant of interest in both pre-award...

In this Article, we analyze the judgment of the Hon'ble Bombay High Court dated 31st January 2024 in Axayraj Buildwell Private Limited v. State of Maharashtra and Collector of Stamps, Andheri, Mumbai in a writ petition ...

In the wake of various environmental disasters witnessed in the past few decades, there has been a growing consciousness to ensure that all real estate projects are developed in accordance...

Sudip Mullick, Partner, Khaitan & Co is in charge of the Real Estate and Hospitality practice of the Firm and also specialises in construction disputes.

The Hon'ble Supreme Court, in Chief Commissioner of Central Goods and Service Tax & Ors. vs. M/s Safari Retreats Private Ltd. & Ors. [C.A. 2948 of 2023], upheld the constitutional...