Real Estate, Stamp Duty & Land Revenue Law
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Real Estate, Stamp Duty & Land Revenue Law
Real Estate, Stamp Duty & Land Revenue Law
The Real Estate team at Preach Law LLP, comprises of lawyers with decades of experience in all aspects of property law including real estate acquisition for the purposes of residential / commercial development, SEZs, townships, hospitality, affordable housing, healthcare, education, information technology / industrial parks, etc., investments / financing in the real estate sector, REITs and dispute resolution services. We act for Indian developers, property owners, government entities / agencies, corporate houses, warehousing and logistics companies, hotel operators, educational institutions, offshore and domestic funds / lenders, investors, contractors, financial institutions, landlords and tenants. Our strength lies in our in-depth understanding of the local legal and regulatory environment which, when coupled with the delivery of our advice, enables us to provide cost-effective, practical and commercial advice, whilst ensuring legal compliance.
The experience of the team extends not only to traditional real estate but also to its practice of modern day commercial real estate. Our firm has won the trust of its clients by offering end-to-end innovative and solution-based advice within an established timeframe. The traditional form of legal services for real estate involves two sectors viz: rural real estate and urban real estate, and typically, traditional legal services for real estate involves transactions in connection with buying, selling, leasing and developing property. Modern legal services for commercial real estate involves all aspects of debt and equity participation in real estate-related transactions in both domestic and international markets including through private equity investments, foreign investments, debt or mezzanine funding, stake sale in high yield rent generating assets and real estate investment trusts, among others.
Our real estate lawyers are experienced in advising on the full life-cycle of corporate real estate structures, from the initial choice of structure, tax optimization, creation of the vehicle, funding, the acquisition and asset or project management through to exit strategy.In addition to the above, the team also provides dispute resolution services, which includes regional and multi-jurisdictional litigation and arbitration, as well as other forms of alternative dispute resolution and associated legal services. Whether our clients are desirous to acquire or disposing of real estate, making investments or providing debt funding, raising capital or any other form of funding, creating a tax efficient investment vehicle, implementing,development project, or asserting their rights before court of law. Preach Law LLP works side by side with the client’s in-house team to ensure that the organization’s reputation and commercial goals are protected.
Nature of Dispute
The firm’s lawyers have tremendous expertise in drafting and review of various real estate transactional documentations. The lawyers in the firm assist clients on title verification, due diligence provide advisory services on various aspects of real estate sector including land acquisition, leasing, stamping and registration of documentation pan India. Due diligence of property documentation, change in ownership documents and conducting title searches for others, homes, real estate projects, townships, industries and acquisitions. Draft and review of the following:
- Lease deeds, sub-lease agreement, leave and license deed, maintenance agreement, commercial leases of property, no objection certificate, partition deed, power of attorney, special power of attorney, service agreements, amenities agreement, family settlement, sale deeds, agreement to sell etc.
- Escrow agreement, builder agreement, construction contracts, bank guarantee, master purchase agreements, memorandum of understanding (MOU), mortgage deed, transfer deed, gift, change of use of the property, indemnity bonds, addendum, franchise agreement, plaints, interim applications and suits for specific performance of the contract.
- Contracts, management, and operational agreements for hotels, resorts and shopping complexes. Land development agreement, sale and purchase agreement, letter of intent, purchase orders, concessionaire agreements, performance related bonds, agreements with architects, construction contract, work and purchase orders, conducting agreements, and tri-partite agreements. Provision and representation before all courts, forums, and commissions in the country for matters pertaining to real estate.
- Advisory/opinions on real related matters
Our services
Preach Law LLP has been providing advisory services on various queries pertaining to the real estate sector, stamp duty law and land & revenue laws of Delhi-NCR and other parts of Country. The firm providing services to its client in respect of the following rules, regulation, and acts pertaining to the respective states:Delhi Land Revenue Act, 1954
- Delhi Land Reforms Act, 1954
- East Punjab Holdings (Consolidation & Prevention Of Fragmentation) Act, 1948
- Delhi Cooperative Societies Act, 2003
- Water (Prevention & Control of Pollution) Act, 1974
- Bio-Medical Waste (Management & Handling) Rules, 1998
- Punjab Excise Act, 1914
- Luxury & Entertainment Tax Act
- The Delhi Entertainment & Betting Tax Act, 1996
- Delhi Nursing Homes Registration Act, 1953
- Slum Areas (Improvement & Clearance) Act, 1956
- Uttar Pradesh Land Revenue Act, 1901
- Delhi Tax on Luxuries Act, 1996
- Essential Commodities Act, 1955
- Delhi Kerosene Oil (Export and Price) Control Order, 1962
- Delhi Specified Articles (Regulation of Distribution) Order, 1981
- East Punjab Ayurvedic & Unani System of Medicines Act, 1949
- Medicinal & Toilet Preparation (Excise Duty) Act, 1955
- Delhi Plastic Bag Act, 2000
- Punjab Land Revenue Act, 1886.
- Delhi Bhartiya Chikitsa Parishad Act, 1998.
- Delhi Common Effluent Treatment Plant Act, 2000
- Bed and Breakfast Establishments (Registration and Regulation) Act, 2007.