Real Estate, SARFAESI & Property Laws
Real Estate Laws
With growth of opportunities and investments in the real estate sector in India, the Firm’s lawyers have, over the years, advised on increasingly diverse and complex matters in the real estate sector. In the process, the Firm’s lawyers have acquired a thorough understanding of various aspects of the legal and commercial practices pertaining to the real estate sector.
The Firm’s lawyers have the experience of advising various participants in the real estate sector, including real estate developers, financial institutions, fund, lessors, lessees and buyers.
The Firm have been advising and representing its clients in various RERA Disputes on Land Acquisition, selling and purchasing, lease and taxation. Firm’s experience and services include advising, structuring and preparing drafts and documents including keeping in compliance with requisite stamp duty, registration process, and other approvals from statutory Bodies.
The firm also represents clients in litigation filed against government bodies such as DDA, M.C.D, L&DO before various legal forums, in wide range of matters relating to land misuse disputes, land acquisition proceedings, sale of property, leasing matters, house tax issues, and municipal rules and byelaws. Other Real Estate practices include:
- Advising on Joint Venture Development
- Advising Development of Townships
- Development and promotion of Real Estate
- Drafting of Lease and sale Documentation
- Legal documentation and advise on Sale/Purchase/Lease of Property
- Landlord and Tenant Disputes • Land Use Regulation
- Mortgage and Finance Agreements
- Building, Development and Construction Contracts
- House Tax Disputes
- Projects and Retail Property Transactions
SARFAESI
SARFAESI Act, passed in the year 2002, is a law emerging and a weapon strengthening the hold of co-operative banks. The act applicable on both co-operative and commercial banks has been a relief to Indian lenders so as they can recover their dues quickly.
The act has empowered the banks and financial institutions to recover the loans directly by auctioning the residential and commercial properties of the borrower, which had been a long drawn process earlier as the institutions were left with only recourse carrying a civil suit.
Expertise at firm with their vast knowledge and years of experience are assisting and representing its clients in the matters on and disputes relating recovery before Debt Recovery Tribunal and before High court and Supreme Court.
Property Laws
Transfer of property is a wide branch of law prevailing since the nineteenth century and in India is regulated by transfer of property act, 1882.
The act came into force on 1st July 1882 and lays down provisions in context of transfer or property and conditions involving transfers. “Move of property” as per the act signifies and demonstrates by what way the individual passes on the property and comprehensively establishes all the legal rights of a person in property.
Saras Juris Law has expertise in advising its clients robustly in the matters related to property disputes and representing its client before authorities, High court and Supreme Court. We also assist in drafting and preparing legal documents including sale agreements, rent/lease deed, mortgage deed, gift deed, conveyance deed and more.
