Ayaskanta Parida | Legistify

Ayaskanta Parida
Answered on 22 Jan 2020

The entire section of allottees that did not get their parking space can collectively file a case against the builder in RERA for not delivering on his promise. You can also list the bribe being asked for. Also, once a project is registered, then it is completely registered. A single-phase cannot stay out being not registered.Read More

Posted on 21 Jan 2020 | 1 Answer

Arshi Noor | Legistify

Arshi Noor
Answered on 23 Jan 2020

You can file a case against the seller for selling the unauthorized property and also for fraud and cheating.Read More

Posted on 16 Jan 2020 | 1 Answer

Arshi Noor | Legistify

Arshi Noor
Answered on 24 Jan 2020

In case of gifting of immovable property (i.e., land or building), the recipient would be required to pay income tax if the stamp duty value of the property exceeds Rs 50,000 and such property is received without adequate consideration. Any inadequate consideration received wherein the difference between the consideration and stamp duty value exceeds higher of Rs 50,000 and 5 per cent of consideration, such difference shall be taxed in the hands of the recipient. Let's assume that consideration is Rs 1,50,000 and stamp duty value is Rs 400,000 Difference between stamp value and consideration is Rs 2,50,000 which exceeds higher of below (i.e., Rs 50,000): a. The exemption threshold of Rs 50,000; and b. 5 percent of 150,000, i.e., Rs 7,500. Hence the taxable value would be Rs 2,50,000. The above principles for taxing will apply even for gift of movable property, except for the condition of 5 per cent of consideration. However, instead of stamp duty value, the fair market value (FMV) of the movable property has to be considered for valuation purposes. Jewellery, paintings, drawings, shares and securities, archaeological collections, sculptures, bullion and any work of art are defined as movable property.Read More

Posted on 22 Jan 2020 | 1 Answer

Karishma Pandit | Legistify

Karishma Pandit
Answered on 25 Jan 2020

If your landlord doesn't refund the deposit after the seven-day notice, you can sue him in small claims court.Read More

Posted on 21 Jan 2020 | 1 Answer

Team Legistify | Legistify

Team Legistify
Answered on 26 Jan 2020

If your rent agreement allows you to recover your amount by selling the tenant's equipment, you can proceed with it. If not, you cannot sell it as the tenant can claim it back.Read More

Posted on 07 Nov 2019 | 1 Answer

Team Legistify | Legistify

Team Legistify
Answered on 26 Jan 2020

Tripartite agreements have been deemed illegal as they often lead to violation of the homebuyer's rights. However, there is no need to get the agreement approved from RERA.Read More

Posted on 30 Sep 2019 | 1 Answer

Team Legistify | Legistify

Team Legistify
Answered on 26 Jan 2020

Upon the completion of the building construction, the builder or the developer of the apartment has to apply for the ‘building completion certificate’ with the local authorities Once the builder receives the Completion Certificate, they have to obtain Occupation Certificate from the civic bodies. OC certifies that the building has complied with all the required building standards, local laws and it is safe to occupy. Occupancy certificate is issued by local municipal authorities or building proposal department that provides no objection to occupy the building under reference for its specified use. The OC is issued only once the building has been completed in all respects and can be occupied. The builder has to obtain OC. However, the Flat owner can also apply for OC. You may have to submit below documents with the local civil body along with the application form; Copy of building sanction plan Building Commencement Certificate. Copy of Building Completion Certificate. Latest Property Tax receipt Copies of No Objection Certificates (NOCs) of pollution board or Airport authority etc., Read More

Posted on 30 Sep 2019 | 1 Answer

Team Legistify | Legistify

Team Legistify
Answered on 26 Jan 2020

Yes, you can make permitted renovations to your flat, that does not infringe upon some other property or violate any laws.Read More

Posted on 26 Sep 2019 | 1 Answer

Team Legistify | Legistify

Team Legistify
Answered on 26 Jan 2020

Yes, extracting soil from your land is permitted.Read More

Posted on 26 Sep 2019 | 1 Answer

Team Legistify | Legistify

Team Legistify
Answered on 26 Jan 2020

Consult a lawyer to know the legal remedy in case the landlord is evicting you. He, however, has the right to get his property vacated even if the court is collecting the rent.Read More

Posted on 25 Sep 2019 | 1 Answer