Introduction
The real estate industry has been India’s highest job creator for many years. Indians are obsessed with real estate. We believe that real estate is the best asset and spend huge amounts on the same. As a result, the real estate industry has flourished.
Further, with a huge population coming out of poverty and getting richer, the demand for housing and even business real estate is going to stay very strong in the foreseeable future. As millions of Indians move from villages to cities and the upwardly mobile middle class acquires massive purchasing power, real estate is one of their priorities.
The outlook for the real estate industry, hence, is amazing.
Indeed the industry has recently taken some major beating due to the double whammy of demonetization as well as the Real Estate Regulation Act, which have introduced unprecedented discipline into the industry. However, the strict laws have also made the entire industry more trustworthy and are likely to result in an increase in prosperity of the sector over the long term.
Interestingly, whether the real estate industry is going through a boom or bust, real estate lawyers are always in high demand. In fact, as the real estate industry went through a down cycle in the last couple of years, the demand for lawyers in the industry has only increased. As the number of cases involving builders has steadily gone up, so has the demand for lawyers.
Most of the work for lawyers have been increasing in the following types of matters: disputes with consumers, disputes between builders and unpaid vendors, registration of new projects under RERA, real estate agreements, various registrations and building permits, compliance, Benami property-related cases, disputes over the lease and illegal encroachment of property, housing society disputes, property disputes and litigation.
Our Learners
Who should take this course?
- Bankers and officers in banks, NBFCs responsible for business decisions in the real estate division
- Managers, professionals and owners in real estate businesses
- Lawyers looking to specialize in real estate practice
- Lawyers looking to build general civil litigation practice
- Law students looking to work in corporate law firms in real estate team or in-house legal teams in large real estate companies
- Law students looking to work in real estate companies and law firms
What is the career potential after doing this course?
- You can work as an in-house lawyer or an independent lawyer for real estate companies
- You can work as an independent lawyer working for real estate buyers in dispute
- Work at a specialized real estate law firm
- Work for the real estate teams in large law firms
- Cities like Bangalore and Hyderabad as well as tier 2 cities are seeing a major surge in growth of the real estate industry and a shortage of real estate lawyers
- Big cities like Delhi, Mumbai and Bangalore have numerous large law firms with eminent real estate law practices
- From due diligence of property to relatively simple conveyance deeds, lawyers are needed in every stage of real estate transactions
- Banks hire real estate lawyers as they finance innumerable real estate transactions every day. They need real estate lawyers in every step - from doing due diligence to drawing up mortgage agreements for housing loans
- With new real estate tribunals being set up under RERA, it is a golden opportunity for young lawyers to establish their practice and credibility before these tribunals whereas doing so in an old tribunal existing for decades is much harder comparatively
- Real estate disputes are high stake and complex. Lawyers are paid very well in this domain
- The Government hires a large number of real estate lawyers as it is the largest owner of real estate in the country as well as for taxation and regulatory sectors
Potential employers
- NBFC
- Bank
- Real Estate Developers
- Real Estate Investment Funds
- Real Estate Consultants
- Real estate law firms
- Big corporate law firms
- Litigation chambers
Relevant Industries
What is unique about this course?
- The course is not limited to a provision-by-provision study of the statute and associated case laws alone
- This course covers areas of interest from the point of view of promoters of a real estate project, developers, home or office owners as well as real estate agents
- The course trains you on different kinds of actual work that is required to be performed by lawyers and other professionals
- It is not a mere theoretical study, but hands-on practical lessons where you will have to draft a lot of documents
- The course is tough and intensive, you will not be awarded the certificate unless you complete all the exercises. You have to spend 8-10 hours per week on this course.
- You will get personal attention and coaching from the trainer, and get individual feedback on the quality of work you produce
- You will be writing an article every month and with our guidance publish the same either on iPleaders blog or various other industry publications
- We will provide you with a free course on professional networking, CV writing and interview skills so that you can easily find jobs
- Those who perform well in class will be recommended to top law firms for internships and jobs. If you do not need such help, let us know in what other way we can help you.
Money-back guarantee
If you take this course, follow it diligently for a month, do all the exercises but still do not find value in it, or not able to understand or follow it or not find it good for any reason, we will refund the entire course fee to you. It is a 100% money-back guarantee with only one condition, you must pursue it properly for a month. If you don’t find it valuable after that, get your entire money back.
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Training Methodology
Online 24/7 access
Access study materials via our online portal & via our anroid & iOS apps.
Hard Copy Study Material
You will receive hard copy study material delivered to your address.
Practical Exercises
Two practical exercises every week, each followed by written feedback.
Live Online Classes
Live online classes based on exercises, allowing questions and feedback.
Convenient Class timings
Classes held after work hours, typically on Sundays or after 8 PM on weekdays.
Live Doubt Clearing
Live doubt clearing for support and one-on-one sessions with mentors.
Certification
This course is recognized by the National Skill Development Corporation, a PPP under the Ministry of Skill Development and Entrepreneurship of the Government of India. You will receive a certificate cobranded by NSDC and Skill India on successful completion.
This is how the certificate from NSDC and Skill India will look as per the current applicable format (may change as per the approval authorities):
Our Learners
What will you learn?
- Gain exposure to strategic and drafting work in connection with real estate law
- A step-by-step guide for understanding the processes involved in setting up real estate projects in Mumbai, Delhi, Kolkata, and Bangalore. Other locations may have different local laws, and while we do not specifically address them, you will learn how to identify and handle those as well
- Understand the procedure under the RERA from registering a project, compliances to obtaining possession certificates for the builder’s clients
- Drafting real estate and property-related agreements
- Devise litigation and dispute resolution strategy for your clients
- Understand the commercial impact of the real estate laws
- Acquire competence in obtaining crucial registrations, licenses and various permissions in real estate projects for your client
- Learn how to act on behalf of banks and financiers in real estate transactions
- Learn to conduct due diligence for your client before acquiring any land or property
- Draft various notices, petitions and applications until you are conversant with each one of them
- Learn practical and strategic aspects through cases studies
- Special cases like power of attorney based transfers in Delhi and the rights of ‘pagdi’ property owners in Mumbai
- A step-by-step walkthrough of real estate transactions and drafting of the agreements such as joint development agreement, mortgage, and corporate lease
- Learn how to defend your clients in real estate litigations
- Study the new amendments, cases and ongoing controversies involving industry leaders such as Jaypee and DLF
- Enrich your drafting skills for frequently used property-related documents such as the joint development agreement, lease agreements, leave and license agreements
Specific Learning Objectives
- Advising clients on the applicability of central and state acts and their corresponding rules for projects and/or businesses
- Advising buyers for future course of action in case of delay in the possession of the under-construction properties
- Guide and advise the builders and developers in their project requirements for registration with RERA
- Get trained to advise your clients on various avenues for financing their real estate projects
- Get skilled in advising co-operative housing societies about compliance with co-operative societies acts, societies registration acts and other laws as applicable to different states
- Learn how to advise the members of a co-operative society for transactions such as sale /nomination/inheritance of property
- Learn to advise clients on whether they should avail the assured returns, subvention or buy-back schemes and make them aware of the red flags in each one of them
- Create legal checklists for clients for buying land or property
- Learn to analyse search-title and revenue records of a property to meet the legal provisions in the RERA Act
- A step-by-step guide for drafting the documents required for changing the client’s name on land and other records after the transfer of property (mutation)
- Learn how to get agricultural land converted for residential, commercial, industrial or any other non-agricultural use
- Advise clients on what to do when a ‘pagdi’ property is transferred or goes for redevelopment
- Understand different kinds of checks that should ideally be conducted by a potential tenant and a landlord for a rental/lease/ leave and license transaction
- Learn how to draft agreements for sale
- Learn how to draft sale deeds
- Learn how to draft commercial lease agreements
- Learn how to draft leave and license agreements
- Learn how to draft joint development agreements
- Familiarize yourself with the calculation of the stamp duty and registration of sale deeds, agreements for sale, lease agreements and leave and license agreements
- Learn how you can use the land pooling policy of the Delhi Development Authority (DDA)
- Get an understanding of the procedure relating to the transfer development rights in Maharashtra
- Learn how to advise NRI clients on issues pertaining to the purchase of property in India and how to do it
- Advising your Indian clients on how they can purchase properties abroad
- Learn how to acquire land from the government and be introduced to the cases and situations where the government can legally acquire your land
- Advise the builders, cooperative housing societies and residents on a redevelopment transaction
- Learn how to file a complaint with the Real Estate Regulation Authority
- Learn how to compound offences under RERA
- Practical understanding for using the conciliation forum for resolving disputes between builders and homeowners
- Learn how to file an appeal with the Real Estate Appellate Tribunal
- Learn how to file a consumer case against the promoters
- Gain clarity for advising clients for the GST applicable to their real estate transactions
- Learn how to advise homeowners on initiating insolvency proceedings against builders
How will you clear my doubts and help me if I am struggling to understand or learn a concept?
- In our live classes, you can ask questions, share your screen, receive personal feedback, and have your doubts cleared.
- If you need more help after getting feedback on an assignment or want career advice, you can schedule a private one-on-one call. Our evaluators and mentors are here to assist you and give you advice that's tailored to your needs.
What kind of recruitment and placement support will I get?
- Unique Training Method: We're the sole organization in India offering comprehensive, exercise-based courses.
- Employer Recognition: Many leading employers, law firms, and companies actively seek our high-performing students.
- Career Opportunities: Success in our courses can lead to job placements, internships, and assessment internships in esteemed law firms, with renowned lawyers, and various companies.
- Empowering Learners: We focus on empowering learners with not just knowledge and skills, but also real-world opportunities.
- Dedicated Support Team: Our dedicated team is here to assist you with placements, internships, and freelance opportunities.
- Proven Success: Between April 2021 and June 2023, we've helped over 21,000 students secure job and internship opportunities.
- Media Recognition: Our achievements have been featured in respected media outlets like The Hindu, Business World, and India Education Diary.
- Impressive Value: Our students have secured over Rs. 2.7 Crore (USD 330,000) worth of work, with records of INR 30 LPA (USD 37,500) domestically and INR 50 LPA (USD 62,500) internationally.
- Comprehensive Support: From day one, our placement team guides you in setting goals, crafting standout CVs, enhancing interview skills, and supporting your critical first month on the job or during an internship.
- Trusted Recruiters: We've built strong collaborations with recruiters who prefer hiring our well-trained students.
- Competitive Edge: Partnering with us gives you an edge in the job market and opens doors to exciting career prospects.
List of Weekly Exercises
- How to draft a notice to the builder if the possession of the under-construction property is delayed.
- Draft a legal opinion to advise a client on whether a real estate agency business is required to be registered with RERA and the procedure for registration
- Draft a legal opinion on the due diligence to be undertaken for the purchase or acquisition of land and draft clauses of a joint development agreement
- Draft a legal opinion to advise a client on details to be checked before entering into a rental transaction from the viewpoint of both landlord and tenant
- Drafting clauses of and procedure for registration of a commercial lease
- Drafting clauses in a leave and licence agreement to protect the interests of a licensor and licensee
- Draft a legal notice from a landlord ask a tenant to vacate a property
- Draft a legal opinion on different methods of availing finance for a real estate project and the suitable method in a specific case.
- Draft a legal opinion to advise an NRI client on which properties he can purchase in India and what sources of funds he needs to use
- Draft a power of attorney to be provided by an NRI client for completing formalities of purchase/rentals in his / her absence
- Draft a legal opinion on what an owner of a pagdi property in Mumbai can do in case of inheritance or proposed repairs or redevelopment
- Draft a legal opinion to advise a builder on whether he can offer assured returns schemes for his project, at what point and what restrictions is he subject to
- Draft a legal opinion to advise a client on whether he/she should avail of an assured returns scheme and what precautions he/she should take
- Draft a legal opinion on whether GST will be applicable to specific real estate transactions and at what rates
- File a complaint with the Real Estate Regulatory Authority
- Draft a consumer complaint against a builder for delay in possession of the under-construction property
- Draft notice of commencement of arbitration and prepare a statement of claims against a developer pursuant to a JDA
- File a civil suit with temporary injunction application against a developer
- Draft a legal opinion on initiating insolvency proceedings against a developer
- Exercise on preparation of title verification reports
- Exercise on Joint Development Agreement and Agreement to Sell
- Exercise on disputes & Litigation Related to Succession of Property
- Exercise on Consumer Disputes in Real Estate
- Exercises on Creation of a co-operative housing society (CHS), its management and disputes
- Exercise on due diligence for rental property and clauses of leave and license agreement
Our Learners
Toppers' Testimonials
I liked the course material and notes. The notes got to the point, and they explained everything that was required. There were no ambiguities. The other things I liked were the key assignments and the interactive sessions with the instructor. The instructor used to check the submitted assignments and gave alternative answers. There was a doubt clearing session where all our doubts cleared.
I am from real estate sector and this industry is going through some major changes like RERA and HIRA which have come into force. Accordingly, it is necessary to have good knowledge about this new act. This course gave me a clear picture about the act. The RERA and HIRA introduce some new concepts like definition of carpet area, car parking, project cost, land cost, defect liability clause etc and all the clauses need to be discussed thoroughly and every lecture of this course had successfully done it. If anybody is interested about real estate industry, I would like to recommended this course to that person as he will get knowledge and confidence. We have ample chances to communicate with the mentors to discuss the practical aspect of this real estate industry. I appreciate the way this course is being conducted. I will give you full marks.
I learned how to draft any lease or leave and license document in an ascending order. I also learned that drafting is an art and you have to put each and every event which is in support of your contention. I further learned about how to draft notices under RERA Act. The People who enroll in these courses can expect great amount of exposure pertaining to drafting and also they can learn some practical things by LAWSIKHO expert faculty which they surely cannot learn in big firms due to the constant work pressure.
I am in the real estate field itself but there are certain things which I never heard before joining this course, The practical practices in real estate. I like doing the exercises as they make me learn practical aspects. I feel every person who wants to pursue a career in law should do this course, even the people working in lending institutions should do this as they have in-house lawyers who work on the property and real estate law, even the people working in builder and constructions offices as they require someone to do due diligence. Even consumers should do this course as they go to lawyers for due deligence.
The law in real estate space is quite neglected and further such subjects are not covered in law school syllabus. In fact, many legal firms have real estate department, however the employees lack good knowledge in this field. Therefore, if one knows the law, sections, regulations and further knows how the process works it would be easy to get a job opportunity in real estate department of the legal firms. Due diligence was most crucial part of this course as this generally gets neglected.
The course is very well designed and covers a lot of aspects related to property laws. This course introduced me to property laws. This course broadly touches upon all the important regulations within this space and for me that is important and one of the main reasons I liked this course. It further covered Maharashtra specific laws which was a huge added benefit for me. Hence in conclusion it was a good experience for me.
I am truly enjoying the course and I am looking forward to practice this as a profession. The key to this is the experience required while tackling the builders. To give an incidence, we had given our property for joint development in 2012, however, till date it has not been completed. We were caught unaware on a sticky wicket because there is no information whatsoever of handling this situation but I had become really confident and have approached my attorney to send him a notice. The electronic content is accessible anywhere. Almost all people who are landowners, builders, buyers, lawyers, government officials with the municipality etc who are directly involved with property should do this course, it is very enlightening.
My family business is Real-estate and construction, and that's one of the reasons I'm so keenly interested in the subject. So, everything taught is relatable. For instance, my family was unaware of the stringent laws relating to assured return schemes. Any person can benefit, especially with such flexible classes, assignment methods and eager to teach faculties.
I have always wanted to deal with commercial property matters and this course helped me in a big way. I am a panelled lawyer of a bank. They always demand non-encumbrance certificate after searching property from a panelled lawyer. Since, through this course my understandings and practical implementations of legal knowledge have increased significantly, I can successfully serve my clients.
I plan to use the knowledge I have gained in securing a job in a reputed real estate firm. Students get a clear understanding of the nuances of real estate sector. The guidance from the faculty of LawSikho and their team has been very motivating. It has helped me immensely to enhance my knowledge and interest in this sector.
Here are some of our faculty members
Note: This is an indicative list of our guest faculty members and not an exhaustive list. We may change the faculty members at any point based on availability.
Course Plan
Above prices are inclusive of all applicable taxes and charges.
- Get Sample Material in your inbox
- Regular career guidance on email
- Sample Exercises
- Five very useful lessons
- No Certification for Free Material
Printed study material (by courier)
1 online live class/ week (12 weeks)
2 practical or drafting exercises per week (9 weeks)
3 writing assignments (3 weeks)
Get digital access to entire study material
Access on LMS, Android & iOS app
Instructor feedback on assignments
Doubt clearing on WhatsApp, LMS & classes
Instructor led course with online live classes
Online exams (give exams as per your convenience on given time slots)
Certificate (by courier)
CV enhancement
Coaching for professional networking
Training for writing and publishing articles
Internship & Job Support
Interview preparation guidance
Networking with other students & alumni
Access to updated content online for 3 years
Doubt clearing within 24 hours
Top students are recommended to law firms and companies
Internship and job support available
Printed study material (by courier)
1 online live class/ week (12 weeks)
2 practical or drafting exercises per week (9 weeks)
3 writing assignments (3 weeks)
Get digital access to entire study material
Access on LMS, Android & iOS app
Instructor feedback on exercises
Doubt clearing on WhatsApp, LMS & classes
Self-paced courses
Online exams (give exams as per your convenience on given dates)
Certificate (by courier)
CV enhancement
Coaching for professional networking
Training for writing and publishing articles
Internship & Job Support
Interview preparation guidance
Networking with other students & alumni
Access to updated content online for 3 years
Doubt clearing within 24 hours
Top students are recommended to law firms and companies
Internship and job support available
Access to all of Lawsikho.com's courses for 4 years (including new courses launched in this period)
Immunity from future price increases for 4 years
Complimentary access to members-only paid Facebook group for exclusive career opportunities and content
Inclusion of templates and lessons on your request on a priority basis
Priority pass for personal coaching, doubt-clearing, customer-support
Free passes and invitations to all Lawsikho events and meet-ups across India
Personal feedback on as many assignments as you want
Access to Lawsikho alumni network
Priority processing for articles submitted to iPleaders blog and Superlawyer interview recommendations
What do top legal experts and practitioners say about this course?
Khaitan & Co. and Wadia Ghandy
With notification of the RERA, the real estate law across different parts of the country has become difficult to grasp. This is a great start to teach the framework of real estate legislations and to identify the common principles of the new law. This course will assist students in understanding how the law works. Students who pursue this will be sufficiently trained to identify, extract and comprehend the relevant aspects of applicable law in a number of states.
HSB Partners
There is a significant gap between what you learn when you study Transfer of Property Act and real estate work. This course is an excellent initiative to bridge that gap and will benefit learners.
Syllabus
How to register a real estate project with RERA
Ground level clearances required for project proponents
How are real estate projects financed?
Practical aspects of financing of the real estate projects
Registration of a real estate business in West Bengal
Registration of a real estate business in Maharashtra
Case study - How a large real estate company is structured
Points which Developers must know about RERA (rewrite)
Developer registration requirements and procedure (rewrite)
How assured return schemes work & subvention scheme
How do real estate agents work and how are they regulated
Registration of Real Estate agents on MAHA RERA
Registration of property dealers and consultants in Haryana
Obligations and responsibilities of a real estate agent
Real estate scams in India and how a buyer can avoid them
Constitution of a Co-operative Housing Society and conveyance by promoter
Registration and management of Co-operative Housing Societies
Co-operative Housing Societies and the law
Disputes related to the Co-operative Housing Societies
Responsibilities of a promoter under Maharashtra Ownership of Flat Act, 1963
Maharashtra Apartment Ownership Act, 1970
Parent company and SPVs
Which company should raise investment for financing transactions - parent or SPV?
Are considerations different when foreign investment is involved?
Different kinds of agreements for investment in real estate businesses
- MOUs and informal documents
- Registered
Searches for requisition, acquisition, encumbrances, charges and statutory clearances
Searching Land Records
Searching property records
Searching property undergoing construction status
Searching Occupancy Certificate
How to prepare and record a deed
Leasing transactions
Sale of property
JDAs
Financing transactions
Rent/lease agreements
Leave and license agreements
Agreement to sell
Sale deed
Sale of flats from one housing society member to another
Development agreements
Loan agreements
Mortgage deeds
Loan agreement for purchase of property
Loan agreement for development of a property
Types of mortgages for real estate financing
How to select the appropriate mortgage form and relevant considerations
What portion of the property can a developer mortgage for financing a development/redevelopment transaction?
Need for NOCs from society
Borrower guarantee
Parent company guarantee
Personal guarantee of promoters
Concepts of foreclosure, redemption and default under different laws
Section 67A of Transfer of Property Act and other important provisions
Enforcement steps under Transfer of Property Act and Code of Civil Procedure
Invocation of SARFAESI
Invocation of IBC
Notices to borrower and guarantors
IBC process against borrower, personal and corporate guarantor
Sample loan document
Sample mortgage deeds for different types of mortgages
Sample promoter company guarantee
Sample guarantee
Notices under IBC and SARFAESI Act
Petition before NCLT
What does a LawSikho Certificate look like?
What does a LawSikho Certificate look like?
FAQs
We recommend that you should have completed your Higher Secondary / Class XII from a recognized Board / University. In the case of foreign nationals, you should have completed the equivalent of Higher Secondary in India in your respective country. You should also be comfortable with the English language and using a computer. However, we have no formal pre-qualification requirements because we are not a University or college. Anyone who wants to learn is welcome to join our courses.
Students of LawSikho will be provided, we will dispatch hard copy materials within 45 days of your course commencement date.
However, online classes, videos, regulatory updates and periodic upgrades to the courses cannot be included in the hard copies. We will provide you with hard copy material for all important chapters. We keep adding many new chapters from time to time and there are restrictions on page numbers so all online material cannot be available in hard copy. We would keep adding new material online from time to time, so please do not expect all such material to be made available in the hard copy also. You can use the hard copy materials for your reference, however, we recommend that you do not exclusively rely on hard copies for cracking the assessment test and the exercises. Please refer to the online library of materials from time to time.
Note: We will send hard copy material through our service partners. We have three service partners.
1. Indian Speed Post (Provides delivery ‘anywhere in India’ under contractual service)
2. Delhivery
3. Trackon Couriers Pvt Limited
If our service partners do not have a presence in your area and want to get the hard copy, you can send us a specific request.
LawSikho will not be responsible if the speed post bounces back or hard copy material is not delivered. We will levy the courier charge on you in such a scenario.
Please visit the respective course page to learn more about the hard copy study material policy of that course.
If international students require hard copy material, they need to share their correct address and we will let them know the cost of the courier which they need to pay and then the hard copy will be dispatched. This is the process because the cost of an international courier is very high compared to the domestic courier within India (for domestic courier we have no additional charges). Some international students provide us with an Indian address for couriering hard copy material. In those cases, we charge nothing extra for the courier.
A person can visit the official website of LawSikho and find the relevant course and see the course syllabus, learning objectives and even a list of weekly exercises. You can also subscribe for free sample material. If more clarification about the course is needed, feel free to chat with our online chat specialist. You could also call us on our landline number, +91 11 40845203 for further assistance.
We do not offer any demo classes. You will not understand the course's quality by attending a single class as the results we produce is done through a combination of many things - study material, assignments, personal feedback on assignments, and then finally, class. The only way to experience the course is to take the course for a month, risk-free, as we give no questions asked and refund between the 30th and 45th day provided you attend all classes and solve all the assignments.
The refund policy may vary. We advise you to go through the refund policy given on the respective course page to know the actual refund policy applied to you.