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BUILDER DEFAULT
'Cash rain' during ED raids in Punjab's Mohali, bags filled with Rs 500 notes thrown from luxury high-rise leaves morning walkers shockedDuring an Enforcement Directorate raid in Mohali, individuals in a luxury high-rise threw bags of cash from a ninth-floor window. The incid...
ETtech in-depth: Home interior startups lean on AI to shave costs, chase profitsIndia's home interior sector is turning to AI to combat high customer acquisition costs and operational expenses. Companies like Homelane a...
The next phase of India’s app economy is about empowerment, creation, and innovationIn an interview with ET, Priya Narasimhan, Chief Business Officer (CBO) of the homegrown Indus Appstore, a PhonePe product, spoke about evo...
GIFT City vs Dubai vs Singapore: What you need to know while choosing your investment hubIndian wealth is increasingly seeking global anchors, with GIFT City, Dubai's DIFC and Singapore emerging as key contenders. Each hub offer...
Builder declares insolvency, buyer pays the price: BJP MP Bajpai demands RERA overhaul in Rajya SabhaThousands of homebuyers are facing distress as builders declare insolvency, leaving projects incomplete. Uttar Pradesh BJP MP Laxmikant Baj...
Defaulter builders: UP-Rera to issue SOPs for home buyersUP-Rera is also looking for a government-backed auction house to trade off property secured from defaulter builders for refunding buyers th...
To refund home buyers, Rera to auction unsold flats of defaulting buildersWhile Rera benches have taken several steps against defaulting builders, this is perhaps the first time that such a move has been announced...
Union Bank withdraws notices served to Gardenia homebuyers in NoidaSince the builder failed to repay the loan, the bank's branch in Delhi from where loan was given, had put the property on auction as per th...
How much has RERA helped home buyers in last one year?While Rera has made realty transactions transparent, its reach is currently limited to just a few states.
SC to supervise completion of viable Amrapali projectsAmrapali is facing problems in completing the projects as its bank accounts have been seized because of insolvency proceedings initiated by...
Builder cheats buyers, Bombay HC puts his flat, plot on saleThe high court, in its recent order, said the builder never intended to complete the redevelopment work but was only interested in cheating...
Plot owner or society not liable in case of default by builder: MahaRERAThe court was hearing a petition filed by owners of a three-acre plot on the Goregaon-Mulund Link Road, Mulund (W) challenging the May 2017...
Noida Authority seeks forensic audit of defaulting builders' fundsThe move follows reports of NCLT having admitted pleas of insolvency proceedings by several banks who wanted to recover their dues from the...
6 rules in RERA that will stop builders from delaying delivery of your dream homeFor many homebuyers, delay in possession has been interminable. In the absence of a regulator, the builder-buyer battle appeared one-sided ...
Delay-hit Amrapali flat buyers write to PMO, GNIDAIn a letter of appeal to PM Modi, Dream Valley buyers have requested that measures be taken to safeguard the interests of buyers who have i...
Supertech asked to refund Rs 41 lakh for delay in Noida projectThe consumer commission said Supertech had "no right" to unilaterally change the flat, its size and price without the consent of the homebu...
Court rejects bail plea of Orbit Corp MD Pujit AggarwalPujit Aggarwal has been in custody since he was arrested by the Mumbai police in September 2016 following an FIR filed by Capri Global Capi...