Fraud Behind the Facade: Bengaluru Real Estate, Illegal Mortgages, and the Regulatory Ripples in India’s Capital Markets
BENGALURU — As India’s real estate sector continues to attract institutional and retail capital, alongside a bullish stock market and rising private equity interest, an undercurrent of fraud and regulatory…
Read More...
The Taste of Illegally Mortgaged Money: Power, Authority, and the Ruin of Urban Living
Illegal mortgaging of apartment properties usually begins with a breakdown of governance. Builders, developers, or unauthorised associations continue to exercise control even after the apartments are sold.…
Read More...
Ensuring Effective Representation of the State: Revisiting Government Advocates’ Role under the Karnataka Conduct of Government Litigation Act, 2023
The Karnataka Conduct of Government Litigation Act, 2023 was enacted to ensure that the Government of Karnataka’s legal interests are defended with discipline, diligence, and accountability in the courts and…
Read More...
Illegal Mortgaging Of Sold Apartment Land By Seller is a CRIME
Under the Real Estate (Regulation and Development) Act, 2016 (RERA), when a builder sells flats/apartments in a project, the expectation is that the “undivided proportionate title” in the land and common…
Read More...
Why Unregistered Associations Are Able to Open Bank Accounts — and Why RBI or Government Authorities Are Not Acting?
Unregistered apartment owners’ associations—particularly those formed without registration and without provision of law under the Karnataka Apartment Ownership Act (KAOA), have no juristic status, yet…
Read More...
REGISTRATION OF KAOA ASSOCIATION-AN ERROR CARRIED FORWARD?
The Karnataka Apartment Ownership Act 1972 is in force in Karnataka from many years but no one is able to identify the provision of law under this statute to form an association and register it. But…
Read More...