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NO EMI TILL POSSESSION
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...
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...
Rent Rs 45,000, EMI Rs 32,000: CA explains why buying a home is no longer a dream but a nightmare for the middle classHomeownership dreams sour for India's middle class. Many face a double burden. They pay rent and EMIs for unfinished homes. Meenal Goel hig...
RERA Impact: Builder asked to pay Rs 2.56 crore compensation and foreclose homebuyer’s housing loan due to 7-year delay in possession of flatRERA: A homebuyer who took home loan to buy an apartment in Bengaluru faced challenges when the bank started charging the EMIs but construc...
How an easy home loan EMI scheme turned into a nightmare for many homebuyers in Delhi NCRBuilders and real estate developers try to exploit borrower's desperation with marketing offers that make homebuyers believe that they can ...
Attractive home loan EMI subvention scheme is no magic bullet: Know how it became an everlasting misery for these homebuyersSubvention schemes were supposed to make things easier for buyers, but in many cases, became instruments that gave builders access to loans...
SC seeks views from government, RBI, others on Supertech buyers' plea to halt EMIsA Bench led by Justice V Ramasubramanian while issuing notice to parties asked banks and financial institutions not take any coercive steps...
Don’t fall for these 4 real estate gimmicks: How homebuyers can read the fineprintDevelopers entice homebuyers by telling them that they only need to pay 5-20% of the property price while booking and that EMI payments wil...
Delhi High Court rejects Supertech homebuyers' plea to halt EMIsJustice Purushaindra Kumar Kaurav refused to entertain the more than 200 petitions filed by homebuyers, including the Supertech Urban Home ...
Developers demand restructuring of loans, waiver of stamp duty“We have raised the matter on several platforms but nothing concrete has happened. Developers do not have the money to pay salaries if liqu...
Supertech promises home by December to 14 buyers at RERA meetThe builder has also agreed to pay compensation amount to the homebuyers over the delay as per the Builders Buyer Agreement
Buying a house on a subvention scheme? Tread with cautionInterest subvention schemes can make buying a home easy for you in the initial stages, but watch out for the pitfalls.
Six myths about buying a home in India you need to stop believingThey could be true for buyers with unique needs. But when taken as thumb rules, they are very misleading.
Real estate: Should you opt for a 'book now and pay later' scheme?In this day and age where project delays and loan defaults by developers have become the norm, it is important to tread cautiously on such ...
How to make the right choice when buying a houseBuying a house is a big financial commitment. Don’t let an investment of Rs 50-60 lakh be influenced by freebies worth say Rs 25,000.
Living on rent? Subventions schemes are for youMost subvention schemes on offer in the NCR require the buyer to pay just 10 per cent of the total cost as an initial payment.
Things to keep in mind when participating in subvention schemesWhile you should take advantage of subvention schemes and deferred payment plans, guard yourself against a few pitfalls.
- Is pre-EMI option better than the full EMI one while buying a house?
While the pre-EMI option may appear more attractive, this can prove to be more expensive than the full EMI in the long run.
- 'No EMI till possession' scheme from Techman Buildwell
The company is coming up with affordable housing projects in places like Faridabad and Ghaziabad.
- Understand complexity of tax better
Expert helps understand the complexities of tax in a better way.