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The determination of who constitutes a “necessary party” is central to the integrity of adjudicatory proceedings under the Real Estate (Regulation and Development) Act, 2016 (“RERA”).

A complaint filed under Section 31 of the Real Estate (Regulation and Development) Act, 2016 addresses a dispute between allottees and a promoter regarding delayed possession of a residential unit in Gurugram's "Sixty-Three Gold Drive" project. The Haryana Real Estate Regulatory Authority's rendition provides crucial clarity on the scope of compensation available to homebuyers who opt to continue their investment despite project delays.

In a significant regulatory development, the Rajasthan Real Estate Regulatory Authority (RajRERA) has issued Order No. F1(31) RJ/RERA/2019/1078 mandating that only registered partnership...

One of the most important interfacing in the real estate sector is held by the brokers or real estate agents today.

There is a requirement under the Real Estate (Regulation and Development) Act, 2016 (Act) to keep aside 70% of receivables from allottees in a separate, designated bank account (RERA Account).

The Hon'ble Supreme Court ("Court"), in the case of Godrej Projects Development Limited vs. Anil Karlekar & Ors.1, delivered a significant ruling on the enforceability of forfeiture clauses in real estate agreements.

The recent judgement delivered by the Delhi High Court on 03rd of June 2016 on the subject is trending in the Social Media.

Fintech's potential to transform the delivery of financial services continues to take more meaningful strides as India is embracing global breakthroughs in artificial intelligence ("AI") and machine...

A major point left open for interpretation in the RBI circular dated 27th March 2020 (DOR.No.BP.BC.47/21.04.048/2019-20) titled ‘Covid 19 – Regulatory Package' has been settled by the Hon'ble Delhi High Court.

Investing in real estate in India is a popular choice for individuals seeking long-term returns and stability. In recent years, India has emerged as a lucrative destination for real estate...

Title insurance is a form of indemnity insurance that protects a potential property owner against financial loss from defects in title to real property.

The surge in realty projects assuring umpteen homebuyer of the dream of having their own homes have failed to become reality.

The Maharashtra Real Estate Appellate Tribunal recently passed a significant interim order in Meghna Devang Juthani & Ors v J.P. Porwal Realty & Ors, addressing a dispute involving multiple registrations for a single real estate project.

Global markets today are becoming more interconnected with liberalized trade policies, growing access across countries, and increasing bilateral agreements, led by technological...

The entire territory of Delhi has been facing severe winter air pollution for years. From a seasonal inconvenience, it has now turned into a recurring environmental and regulatory challenge.

The Supreme Court has clarified how property registered in the joint names of two wives of a common husband should be treated for succession purposes under the Indian Succession Act, 1925. In a case involving a 1959 property purchase where the husband provided consideration but registered the land in his two wives' names, the Court held that the property vested in the wives themselves, not the husband. The judgment demonstrates how Sections 33, 35 and 38 of the Act must be applied sequentially and separatel

Budget 2013 has now been passed by the Parliament and signed into law in India, with a few amendments and this Private Debt and Private Equity in Real Assets Update provides a brief analysis of some of the provisions that have been changed in the Finance Act, 2013 with their impact on the private debt and private equity investments in the real assets industry.

On February 15, 2024, the Insolvency and Bankruptcy Board of India ("IBBI") amended the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 vide the Insolvency and Bankruptcy Board of India Regulations, 2024.