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Article
Litigation Update | Bombay Hc | Prospective Fsi Cannot Delay Deemed Conveyance
The Bombay High Court has reinforced that developers cannot indefinitely delay deemed conveyance to housing societies by claiming rights to exploit additional Floor Space Index (FSI) made available through regulatory changes. This ruling clarifies the temporal limits on a builder's contractual rights when statutory conveyance obligations have crystallized, establishing that FSI increases occurring after the mandatory conveyance period belong to the society, not the defaulting developer.
IndiaReal Estate and Construction
Mansukhlal Hiralal & Company
Article
Guidelines Issued To Streamline The Determination And Payment Of Compensation For Transmission Line Right Of Way
With the aim of expediting construction of transmission lines and ensuring fair compensation, the Ministry of Power, Government of India ("MoP") vide notification dated June 14, 2024...
India

Energy and Natural Resources

JSA Advocates & Solicitors

Foreign Exchange Management (Foreign Currency Accounts By A Person Resident In India) (Fifth Amendment) Regulations, 2025

The Reserve Bank of India vide notification dated January 14, 20251 ("FCA Amendment") has amended the Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) Regulations, 20152 ("FCA Regulations") to introduce a new sub-regulation with respect to opening.

IndiaFinance and Banking

FDI - Construction Development Projects

Recently, the Union Cabinet approved a comprehensive proposal by the Department of Industrial Policy & Promotion (DIPP)...

IndiaGovernment, Public Sector

S&A Law Offices

Supreme Court Clarifies Section 11(6A) Of Arbitration And Conciliation Act By Allowing Factual Enquiry

A full bench of the Hon'ble Supreme Court of India (the Court) in the case of United India Insurance Co. Limited v Hyundai Engineering and Construction Co Ltd & Ors has clarified that the observation of the Court ...

Jurisdiction Of The Real Estate Regulatory Authority Will Not Be Ousted Inspite Of An Arbitration Clause In An Agreement For Sale

Recently the Hon'ble Bombay High Court, while deciding a second appeal in the case of M/s. Rashmi Realty Builders Pvt. Ltd. vs. Mr. Rahul Rajendrakumar Pagariya and Ors., inter alia held that the jurisdiction of the Real Estate Regulatory Authority established under section 20 of the Real Estate Act, 2016 will not be ousted.

IndiaLitigation, Mediation & Arbitration

JSA Advocates & Solicitors

The Finality Of Dismissal Of Claims By The Tribunal Under Section 41(6) Of The English Arbitration Act, 1996

This decision sends a strong pro-arbitration message to all Parties and highlights the importance of compliance with a peremptory order of the Tribunal.

IndiaLitigation, Mediation & Arbitration

Law Senate Law Firm

Analysis Of Larsen And Tourbo vs. State Of Uttar Pradesh

The case revolves around a development project where originally in 2003, the Yamuna Expressway Industrial Development Authority ("YEIDA") granted a concession to Jaiprakash Industries Limited for developing 2,50,00,000 square metres of land along the Yamuna Expressway.

IndiaReal Estate and Construction

CCI Dismisses Complaint Against New Gurgaon Real Estate Developer

On October 3, 2019, the CCI dismissed allegations of violations of Sections 3 and 4 of CA02 against Vatika Limited (‘Vatika'), filed by Mr. Suresh Chander Gupta...

IndiaReal Estate and Construction

Construction Sector: What Does Environment Law Say?

The construction sector in India stands as a foundation of the nation's development, fostering economic growth and infrastructural advancement.

IndiaReal Estate and Construction

FSI, Fungible FSI & TDR Explained: A Society Redevelopment Guide Under DCPR 2034 (Video)

Mumbai’s redevelopment regime is witnessing a fundamental transformation under the Development Control and Promotion Regulations (DCPR) 2034. In Part 1 of this series...

IndiaReal Estate and Construction

Government Relaxes FDI Norms For Construction Development Sector - Boost To Affordable Housing

Direct Investment (FDI) policy in construction sector i.e. Townships, Housing, Built-up infrastructure.

IndiaReal Estate and Construction

Mansukhlal Hiralal & Company

Integrated Townships In Maharashtra

The "Housing for All Mission 2022" is certainly a challenge, requiring assistance from all quarters and a holistic outlook and approach to address the complex issues prevalent within the real estate industry in India.

IndiaReal Estate and Construction

Krishnamurthy & Co

Legal Update | Promoter Liability For Housing Societies In Redevelopment

The Hon'ble Maharashtra Real Estate Appellate Tribunal (MREAT) vide order 2 June 2025 in the case of D. N. Nagar Shivneri CHS Ltd. v. Various Allottees held...

IndiaReal Estate and Construction

Mansukhlal Hiralal & Company

Possession Date Binding On Builder – Maharashtra Rera Tribunal

Possession of flat does not mean fit out possession under RERA Act. Ruling on the sanctity of the ‘specified date' of possession, Maharashtra RERA Tribunal asked the builder to refund the amount paid by the flat buyers along with interest.

IndiaReal Estate and Construction

Ethical Legal Consultants

MoRTH Issues Circular For Adopting Value Engineering Practices In Construction And Maintenance Of National Highways

MoRTH, vide circular dated September 20, 2024, recommended inclusion of value engineering as one of the tasks during the preparation of the Detailed Project Report...

JSA Advocates & Solicitors

The Art Of Living Foundation Case – Is Wrong Precedent Being Created?

The NGT has been mandated to deal with cases relating to environment which, broadly, involve direct violation of specific statutory environmental obligation...

IndiaEnvironment

Seth Dua & Associates

Are Housing Finance Lenders "Financial Creditors" Of Developers Under Subvention Schemes?

Builders often attract purchasers into buying under-construction flats by offering various arrangements and schemes with housing finance lenders to provide some relief to flat purchasers from paying heavy interest costs.

IndiaFinance and Banking

Dhaval Vussonji & Associates

Foreign Investment Norms In Real Estate Changed

In line with the announcements in the Finance Minister’s budget speech for 2014, the Union Cabinet proposed certain relaxations for Foreign Direct Investment in ‘construction-development sector’.

IndiaReal Estate and Construction

Nishith Desai Associates

Who Can File A Consumer Complaint?

The National Consumer Disputes Redressal Commission is frequently allowing much needed relief to the homebuyers in India in cases of delays in delivery and defaults by the builders/developers.

IndiaConsumer Protection

Showing 61–80 of 429 results

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