Skip to main content

Posts

Showing posts from February, 2021

Real Estate Sector: Registration-Reach-Profit-Provisions of Acts-scope

  The Real Estate (Regulation and Development), Act, 2016, allowed many in India to register themselves either as an Agent or Promoter by paying a nominal registration fees to the designated Govt Authority. In this sector, scopes of profit is promising, in my opinion India is still a developing Country, as we all know, during transition from one phase to another, things specially structural aspect changes a lot. Infrastructural development either Govt sponsored or privately owned are moving in a fast pace, this gives every real estate promoter or agent, a real big opportunity to play their respective roles. In this Blog, we will going to have a brief idea about the different problem one can face while setting up business in real estate sector. First of all, many person engage in real estate sector specially in rural India don't think that registration can play any significant role in their business, i think this is a mistake they are doing because if the Govt got to know about such

RERA-2016 in Uttar Pradesh: How to start business in Real Estate Sector-brief info on promoter, Agent-Registrations-Rights of allottee-Appellate Tribunal-Violations and Penalties

The Real Estate (Regulation and development) Act, 2016, established the Real Estate Regulatory Authority(RERA), which basically works to regulate and promote real estate sector so that sale of Plot, Apartment, or Building will take place in efficient and transparent manner and at the same time protect the interest of consumers. To redress the dispute, Act established Appellate Tribunal to hear appeals. In addition to this, you will going to have a brief idea about the documents required for the registration, role and functions of a Promoter and an Agent in real estate, Fines and Penalties in case of violations, and many more things... Lets first begin with 'Immovable Property', according to the Act, it includes Land, Buildings, or things attached to the mother Earth or permanently fastened to anything which is attached to the Earth, but not standing timber, standing crops, or grass. A 'Promoter',  means a person who construct or causes to be constructed an independent b

China and its Expansionist Goals:Finger 4 to 8-Claim over Arunachal Pradesh- Doklam Crisis-issues of SARS-CoV-2- India-China Relations

  It Seems Like China is Trying to Apply 'Hit and Trial' Technique for its Long Term Expansionist Goals  After Ninth Round of Corps Commander Level Talks which took nearly 16 hours, that was not only channel for Diplomatic Talks, both the Countries even held Defence Minister, Foreign External Affair Minister Talks to ease the tensions, which broke out during last summer at LAC. In this Article, you may going to have a idea on how China throw its Hegemonic and Expansionist Policy toward India. As we all know, India shares more than 4,000 km boundary with China. Right from Independence of India from the Colonial regime, boundary dispute was a major issue between these two Countries. The military Stand-off between India and China at Galwan Valley that resulted in the death of 20 Indian soldiers, it became the most recent point of Inflection in the relations. More specifically, India previously patrolled on foot up to Finger 8, since there is no motorable road access from Ind

Union Budget of India:Article 112-Fiscal Policy-Transportation-Defence-MSMEs and Startups-Farm cess-dip of funding in Culture-Gold and Silver pricing

 Budget is not only about Revenue and Expenditure Receipts, it includes Aims, Mission, Expectations and lot more... Recently, India's Finance Minister(FM) has presented an Expansionary Union Budget for the Financial Year of 2021-22. The Budget aimed to pull out the Indian Economy from the trap of COVID-19 . It has provisions of increased spending on Infrastructure, Healthcare, Farm Sector etc. In this Article you will going to have a brief idea on Govt estimates of different Economic sectors such as Transportation, Telecommunication, Shipping, Automobiles, Farm Cess, Fiscal Deficit, Spending on MSMEs, Highways, Defence, Culture, Start-ups and lot more...Let's begin with definition of Budget. Under Article 112 of Indian Constitution , it has been clearly stated that Union Budget of a year is referred to as the Annual Financial statement. Union Budget, contains broadly Annual Financial statement, Budget Speech, Finance Bill and many other documents such as receipts and expendi