India: Real Estate

Delay in handing over possession remains one of the most persistent issues in the Indian real estate sector. Homebuyers often make substantial financial commitments based on possession timelines promised by developers, and delays result in significant hardship, including continued rent obligations, loan repayments, and blocked investments. To address these concerns, the Real Estate (Regulation and Development) Act, 2016 (“RERA Act”) introduced a statutory framework ensuring greater transparency, accountability, and protection for allottees, including the right to claim interest and compensation for delayed possession.

The applicability of the Micro, Small and Medium Enterprises Development Act, 2006 ("MSMED Act") to a works contract has emerged as a contentious legal issue with significant ramifications for the construction and contracting industry in India. As infrastructure development accelerates across the country and contractual disputes proliferate between enterprises, a fundamental question has come to the fore: Whether Works Contract fall within the ambit of the MSMED Act's protective framework?

The Maharashtra Land Revenue Code Second Amendment Act, 2025 introduces transformative reforms to agricultural land conversion procedures in India. This podcast episode examines how the new legislation streamlines the NA conversion process through a single-window system and eliminates traditional bureaucratic requirements. Host Payal Jena analyzes the practical implications of these regulatory changes for landowners and developers.