Showing posts with label Rights of Flat Purchasers. Show all posts
Showing posts with label Rights of Flat Purchasers. Show all posts

Single Buildings are devoid of Complex Issues



        In the last decade, instead of going for a flat in a Single /Stand alone building, most home buyers opted for a flat in a Big Complex considering the surge of amenities provided by builders/ developers. Adv. R. P. Rathod says that it's important for the home buyers to realize the Legal ramifications of living in a Housing Complex which are no doubt unique in nature. Incidentally, all the flat buyers in Maharashtra, whether buying a house in a single building or in a big Complex, are covered by the Maharashtra Flat Ownership Act 1963.

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Buyers Beware; TDS is being made compulsory on the Immovable Property Sale w.e.f. 1st October 2012. an analysis by Adv. R. P. Rathod.



The Finance Minister Mr. Pranab Mukherjee’s have proposed an amendment to the Income Tax Laws thereby requiring home buyers to deduct 1% on the Sale Consideration or the value adopted by the Govt. for levy of Stamp Duty whichever is higher as Tax Deducted at Source (TDS). Adv. R. P. Rathod. states if this proposal is enacted it would be yet another hard blow on the already suffering Real Estate Sector.

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Lokhandwala Construction company, ordered by the Consumer Disputes Redressal Commission to pay a Sion resident Rs. 25 lakh towards Compensation




In an recent Order passed by the Consumer Disputes Redressal Commission, the forum have held Lokhandwala Constructions liable for “Deficiency in Service” & have ordered them to pay Rs 25 lakh as compensation to the Complainant. An analysis of the said order by Adv. R. P. Rathod.

Adv. R. P. Rathod. says that in this matter the Complainant Mr. Bala. Ayer., had alleged that Lokhandwala Constructions sold-off the Flat to a third party for which he had paid Rs 43.7 lakh.

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Gujarat Builders ordered to pay Rs. 14 Crore after the building collapsed in an Earthquake

Is your Building Earthquake proof? Read this. . .


A Landmark Judgment has been passed by the Gujarat State Consumer Disputes Redressal Commission, S. G. Highway, Gota, Ahmedabad granting compensation to the residents after the building collapsed in an earthquake, in-depth analysis by Adv. R. P. Rathod.

After a long fight of more than ELEVEN YEARS for justice, 40 Flat purchasers of Sangemarmar Apartments, which collapsed during the earthquake of 2001 at Ahmedabad, will receive compensation from the builders who are held responsible for the tragedy says Adv. R. P. Rathod.

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Societies cannot refuse membership to those who are eligible



Adv. R. P. Rathod., throws light on the Laws and Procedures that govern transfers of Flat.

Transfer of membership in a society is common enough, but many times it gets entangled in disputes sometimes because the concerned parties have not completed the formalities, and at other times because of wrong interpretations of the laws and procedures says Adv. R. P. Rathod.

        Section 22 of the Maharashtra Co-operative Societies Act, 1960 lists the categories of persons who can be members of a society.

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