July 2017

The purpose of the bill is to standardize business practices and transaction in the real estate sector. the act is pro consumer of the real estate sector. The act has come into existence as in the past many people/consumer have been cheated by the builders. some small builders ran away with crores of public money, while some are behind the bars, while a few have started the constructions and have not been able to deliver it. The rera act makes it compulsory for the builders to register...

The property laws in India is governed by the transfer of property act, 1882. As, we can see it is a law which was passed in the year 1882 and as such, is a very old law. Transfer of property means an act, by which a person conveys [ transfers ] property to some other person. Generally, in case of transfer of a property, an agreement to sell is executed first, which contains the terms and conditions as to how and when the sale is to be made. Whenever you are buying a property, you...