LEGAL ASPECTS IN REAL ESTATE AND CONSTRUCTION INDUSTRY

A. ORGANISATIONAL SET UP

Sole proprietorship

Partnership firm

Company – pvt- public

LLC

Society/association

Trust

MODE OF OPERATIONAL RIGHTS

JV
SPV

PPP

BOT

BOOT

LAND REVENUE

Prohibition on transfer

Special permission for transfer

SC and ST permission

N.A. permission
MODE OF EXECUTION

Agreement for sale + irrevocable power of attorney

Joint venture agreement

Long term lease – Govt. municipal-trust- society property

LAND REFORMS

Sale permission from the competent authorities

Special permission for a company, society

DUE DILIGENCE OF THE PROPERTY

a. Title deed

b. Flow of title

c. Records of rights and tenancy

d. Mutation Certificate

e. Property tax

f. Encumbrance certificate

g. Noc from special land acquisition officer

h. NOC from high ways,pwd department

i. Survey records, akarband, tippani, atlas.

j. Family tree

k. Sc and ST permission.

l. Village map

m. Land ceiling laws

 n. Land conversion /N.A. permission

o. Road line, railway setback margin

p. Disputed cases, tenancy cases

q. Zonal land use

r. Court cases.

s. Prohibition on transfer

STAMP DUTY AND REGISTRATION

Adjudication

Registration of document

Authentication of power of attorney

TYPE OF LAND

a. Free hold-fee simple

b. Lease hold- Lessor’s permission

c. Trust land – Charity commissioner permission

TPYE OF SUB-SOIL
SPECIAL TOWNSHIP DEVELOPMENT PROJECT

10 Hectares of land.

ENVIRONMENTAL ISSUES

CRZ I

CRZ II

CRZ III

CRZ IV

CRZ V

State environmental impact assessment

State pollution control board

PLANNING AUTHORITY

CDP/masterplan

Zonal classification

Layout permission

Land user

Change in land user

De notification.

TDR/DRC
BUILDING LICENCES AND OTHER PERMITS

Building sanction plan

IOD

Commencement certificate

Completion certificate

Occupation certificate

Lift and fire service permission

Airport Authority of India permission

BSNL permission

Water supply and sewage board permission

Electricity distribution company permission

Highways, railways, PWD permission

LAND ACQUISITION

Preliminary notification

Final notification

De-notification when possession not taken

PROJECT CONSTRUCTION

Building contruction Act 1996.

Prospective customer

Agreement for sale

Housing loan

Labour laws

Force majeure

Breach of contract

Liquidated damages

Arbitration and conciliation

Specific performance

IT, VAT, Service Tax, Works contract.

Interim maintenance

Formation of Society/Association

Final conveyance

POST CONSTRUCTION

Defect liability period

Consumer protection Act.

Criminal complaint –MOFA-IPC.

PUBLISHED IN THE PUBLIC INTEREST

M.ARUNPRAKAASH.B.Sc., B.L.MBA.

Advocate Highcourt Bombay.

Vakilarun1@gmail.com,

Vakilarun@yahoo.com

9833843250