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This update includes a brief synopsis of an important Bombay High Court Order signed on March 1, 2023, with respect to stamp duty on PAAAs to be executed with society members in relation to redevelopment of societies in Maharashtra.

Metro rail projects provide mass transportation at affordable fares, as well as decongesting vehicular traffic.

One of the key reasons behind PPP projects not being able to attract bids during the last few years is lack of availability of equity among qualified bidders.

The RBI ECB Circular provides for the three routes for raising borrowings from recognised non – resident entities.

This writ was also dismissed. Rewal then preferred an appeal. While this appeal was pending hearing, ITPO started demolishing the Hall.

The implementation of RERA was supposed to give a much-needed speedy redressal across India. However, in reality, except for certain States such as Maharashtra and Delhi...

The infrastructure sector is critical to India's development. Financing in infrastructure is expected to grow exponentially over the next few years,...

Nina Jankovic of Aceris Law delivered a comprehensive virtual session exploring the strategic foundations of international construction arbitration, examining how contractual decisions, risk allocation, and project documentation shape dispute outcomes. The presentation connected FIDIC contract structures, claim triggers, and dispute resolution mechanisms with practical arbitration strategy for construction projects spanning multiple jurisdictions.

In a significant push to strengthen compliance in the real estate sector, the Delhi Real Estate Regulatory Authority (Delhi RERA) has rolled out a set of binding directions targeting promoters and agents operating within the National Capital Territory.

Amounts raised from homebuyers contribute significantly to the construction of the real estate projects and hence it is necessary to treat homebuyers as financial creditors.

On Monday, 2nd November 2020, the bench comprising of Justice Uday Umesh Lalit and Justice Vineet Saran in its judgment held that Section 79 of the RERA Act does not in any way bar the Commission or Forum under the provisions of the Consumer Protection Act to entertain any complaint.

Mumbai, also known as the maximum city has thousands of people pouring in every day.

The decision of the Indian Government early last year to liberalise regulations governing foreign investment in India's construction and real estate market has been one of the most significant policy shifts to come out of New Delhi during the last ten years. This is no small feat given that during the decade there has been a succession of reform programmes across the Indian economy. So why are the construction reforms so important?

In terms of Section 4(2)(l)(D) (defined hereunder) of the Real Estate (Regulation and Development) Act, 2016 ("the Act") a promoter is required to deposit seventy percent...

Section 3 clause (2) sub-clause (a) of the Real Estate (Regulation and Developtment) Act, 2016 states that all the real estate projects are required to be registered under the Act...

The Petitioner being a real estate developer entered into an agreement with the land owner for development of plot on 7 April 2022.

One of the most important judgments on ‘works contract' taxability pre-2007 has been pronounced by a 5 Member Larger Bench of Delhi CESTAT on March 19, 2015.

The urgent need in the realty sector today is large scale construction of affordable housing. Sky rocketing realty prices have made home buying a dream for most, especially so in the lower income group...