delay possession Archives - Property lawyers in India

July 29, 2017

Delay in Possession of Property by the Developers

The Indian Government has been taking several steps such as Demonetization, RERA, GST, etc. to create a transparent and corruption free economy.The Real Estate Regulation Act has been implemented to protect buyers and increase the investment in the real estate sector. The realty sector is a major contributor to the GDP of the country and […]

July 11, 2017

Case of an NRI – Court judgement against property developer

In the present matter, the Complainant booked a Residential floor in the Project ‘Omaxe Cassia’ of the Developers. The Allotment letter (26.07.2012) provided that the floor would be delivered within 24 months from the date on which Agreement will come into effect but not later than 30 months (25.01.2015). The Complainant paid about Rs.51 lacs […]

NRI Banking Services and Repatriation – A Personal Guide

IntroductionNRIs handling their finances across different countries can be challenging. To ensure financial stability, NRIs should be aware of NRI banking services and repatriation procedures. This article aims to equip NRIs with the knowledge to navigate international banking and fund transfers confidently.Banking Services for NRIs: NRI banking services meet the financial needs of the Indian […]

The Litigation Process in Property Disputes for NRIs: Detailed Guidance

IntroductionLitigation can be challenging; hence, it necessitates comprehension of rules that make the process less stressful and more fruitful in a quick manner.Disputes among property owners are common in all fields of law and arise out of different situations. The problems may relate to disputes over land titles, inheritance, leases, proximity of other owners’ properties, […]

Property Partition in India: A Guide for NRIs to Avoid Common Pitfalls

For Non-Resident Indians, navigating the landscape of property partition in India can be daunting. With intricate laws, familial dynamics, and cultural nuances, the process often becomes a labyrinth of legal and emotional challenges. This article aims to shed light on the common pitfalls that NRIs face when dealing with property partition in India, mainly focusing […]

Selling Property in India – Essential Tax Advice for NRIs

IntroductionNon-resident Indians (NRIs) frequently invest in real estate in their home country for diverse purposes, such as future retirement, generating rental income, or capital appreciation. However, when it comes time to sell these properties, they can encounter intricate tax implications governed by Indian tax laws.Understanding the nuances of Indian tax laws on property sales is […]

Property Mortgage in India – Types, Penalties, Payments and Interest Rates

Property Mortgages are contractual agreements that allow individuals to obtain financial resources from a lender by using real property as security. As specified in the Transfer of Property Act of 1882, these agreements exist in many formats, each outlining distinct rights and responsibilities for the parties concerned. These categories include several types of property mortgages, […]

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Delay in Possession of Property by the Developers

Case of an NRI – Court judgement against property developer

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Delay in Possession of Property by the Developers

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