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HOMEBUYER COMPENSATION
Homebuyer booked flat for Rs 18 lakh in 2010, later finds builder sold the flats to third party: Mumbai man wins full refund with interest, penalty on developerHomebuyer wins full Rs 18 lakh refund in Mumbai: While the developer issued an allotment letter dated August 16, 2010, it failed to provide...- Housing society asks homebuyer to pay previous owner's maintenance dues of Rs 80,000; experts explain what you should do in this situationHomebuyer asked to pay previous owner's dues of Rs 80,000: In his Reddit post, a homebuyer shared that the previous owner had around Rs 80,...
- SC gives Parsvnath Developers one week to deposit dues to homebuyers, warns next step is jailThe Supreme Court gave Parsvnath Developers one final week to deposit homebuyers' dues. This deposit must include the entire amount along w...
- Karnataka comes up with draft apartment law to mandate safety audits, streamline ownershipKarnataka has unveiled a draft bill to modernize apartment ownership and management laws. This legislation aims to replace outdated acts an...
- Homebuyer wins full refund with Rs 1.57 crore interest in MahaREAT as builder delays possession by 3 years, citing MHADA-MCGM disputeHomebuyers have won a significant victory as MahaREAT ruled a builder cannot use inter-authority disputes to justify possession delays exce...
- Bought a new apartment but facing structural, workmanship, or quality issues? Builders must repair it within 30 days if... Know your rights under RERABuilders must repair structural and quality defects within five years of possession. Homebuyers can report issues and expect repairs within...
- Man dies in motor accident, family seeks Rs 2.25 crore in damages: Here's why SC fixes ‘fair’ compensation based on his ITR, sets a precedentManoranjan Pandey, who lost his life in the tragic accident in 2018, was the sole breadwinner of his family, according to the 2019 appeal f...
- Man booked 11 shops for Rs 25 lakh in Mumbai in 1995 but didn't get possession even after 30 years; he fights back and wins full refund with 12% interestOver 30 years ago in 1995, Amish Anantrai Modi had booked some shops in a project for a total consideration of Rs 25 lakh. In his complaint...
- Homebuyer paid for a flat in a Delhi housing society in 2003, got delayed possession, sought compensation for delay; SC defends his rightThe SC said that the homebuyer can make a claim for compensation for delayed possession. “The subsequent receipt of possession cannot, by i...
- Homebuyer can seek compensation for delayed delivery after taking possession: SCHomebuyers can pursue compensation for delayed flat delivery even after taking possession, the Supreme Court ruled. The apex court overturn...
- Mumbai IT professional claims Rs 3.91 lakh TDS, gets only Rs 79,000 and Rs 3.36 lakh tax demand as employer failed to deposit tax; here's what happened nextITAT Mumbai found that full TDS credit has not been granted since assessee’s employer has deducted TDS but has not remitted the same to the...
- Lost Rs 50,000 in digital fraud? Soon, you can get 85% amount back if you follow these rules - 3 calculations to explain how this worksAs per the latest RBI guidelines, if you have lodged a complaint for the fraudulent transaction within 5 calendar days, you shall be compen...
- Wealth wisdom of the day: ‘It takes great deal of boldness and caution to make a great fortune; and when you have got it...’ – Nathan Mayer Rothschild’s famous quote hides a big learningWhile individuals take numerous steps to multiply their wealth to build a notable fortune, little do they plan for what to do next. For som...
- Booked flat for Rs 24 lakh in 2010, paid Rs 40 lakh over time, still no possession in 2026; homebuyers awarded full refund and Rs 2.5 lakh compensation eachThe case dates back to 2010 when the two homebuyers had made bookings for 3BHK flats in a housing society project initially proposed in Noi...
- Booked flats in 2005, still awaiting possession: Builder ordered to pay 10.05% interest to homebuyers for nearly 20-year delayThe Bombay High Court, in its ruling, said a builder can’t indefinitely retain purchasers’ money while failing to deliver homes. For the de...
- Parking space dispute: What national building code says & what you can doHomeowners facing inadequate parking spaces from builders have recourse beyond RERA, which doesn't mandate specific parking dimensions. Whi...
- Lavasa homebuyers file plea at NCLAT against resolutionHomebuyers of Lavasa, India's first privately built hill town, have filed a fresh appeal. They allege serious flaws in the resolution plan ...
- SC rules homebuyers cannot claim home loan interest reimbursement from developers for project delaysThe Supreme Court has ruled that homebuyers cannot recover home loan interest from developers for project delays, limiting refunds to the p...
- MahaRERA recovers over Rs 200 crore from realty developers as compensation for homebuyersMaharashtra Real Estate Regulatory Authority has recovered over Rs 200 crore from real estate developers. This compensation covers losses i...
- Homebuyers to get compensation for delays in possession of apartmentPossession that is offered by a builder over an incomplete unit will have no bearing in arriving at compensation, the consumer court said, ...
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