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PROPERTY BUILDER
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...- Property buyers alert: Verify carpet area on UPRERA portal and don’t buy apartment on the basis of super area, advises UPRERA AuthorityUP RERA is strongly advising homebuyers to purchase properties based on carpet area, not super built-up area. This ensures buyers pay only ...
- Noida Sports City revival helps developer to launch new projects amid constraints in land supplyNoida is gearing up for a transformation with the revival of its stalled Sports City projects! Thanks to the Supreme Court's recent decisio...
- For 13 years a builder failed to redevelop a 70-year-old housing society so a new builder was appointed, the old builder objected, but HC favored residentsThe Bombay High Court has backed housing society members in a redevelopment dispute. A builder delayed a project for 13 years, prompting th...
- Paying tax won't legitimise cash stashesThe taxman is tightening its grip on undeclared cash, with a recent tribunal ruling allowing the benami wing of the Income Tax department t...
- 18.4% rise in residential property prices in last one year due to upcoming upgrades along Gurgaon Greater Southern Peripheral Road; ReportResidential property prices in Gurgaon have surged by 18.4% in the past year, reaching Rs 16,249 per square foot. This significant increase...
- Uttar Pradesh RERA cautions against panic buying of homes, says sufficient inventory available for saleUttar Pradesh real estate regulator RERA reveals over 1.15 lakh housing and commercial units are available for sale across the state. Buyer...
- AI will expand opportunities for Indian IT; luxury housing demand remains strong: BofA SecuritiesAI presents significant new revenue streams for Indian IT services, despite job displacement concerns. Experts believe AI will expand beyon...
- Saket building collapse: Municipal Corporation of Delhi drive to identify, seal illegal structures in South DelhiTwo days after a fatal building collapse in Saket, the Municipal Corporation of Delhi (MCD) is initiating a crackdown on illegal constructi...
- No WiFi, no proper roads: In Rishikesh, architect brothers built a Harry Potter-inspired mud house, complete with jungle trails and Ganga viewsA magical mud house in Rishikesh, inspired by Harry Potter's Hagrid's hut, offers a unique escape from urban life. Built by architect broth...
- Homeowner having possession must pay maintenance charges even if builder did not give OC, independent water connection and sewerage facilities, rules HP RERAHomeowners in possession must pay maintenance charges even without an Occupation Certificate or independent water and sewerage facilities. ...
- Construction costs up 25% since global conflicts began, developers flag material shortages: CREDAIConstruction costs have surged over 25 percent due to global conflicts. Supply chain issues, labor shortages, and rising material prices ar...
- Redevelopment dispute between landlord and tenant: HC asks tenant to pay Rs 5 lakh for using ‘elite form of coercion and extortion’ against landlordBombay High Court dismissed a tenant's plea to recognize a new builder in a redevelopment case. The court found no contract between the new...
- Bengaluru property tax: e-Khata open house on May 23, 2026 for grievance redressal under Bhoo Guarantee from 10AM till 5PM in these locationsBengaluru's Greater Authority is hosting an e-Khata open house on May 23, 2026, from 10 AM to 5 PM across various locations including White...
- Quit metro life for a smaller city? Here’s the real money math Indians must check before movingMany are trading metro life for tier 2 cities, seeking better quality of life, cleaner environments, and reduced stress. While income may f...
- Former Yes Bank CEO Rana Kapoor, Sudhir Valia booked in a fraud case by the Mumbai PoliceMumbai Police have filed a fresh FIR against former Yes Bank co-founder Rana Kapoor and investor Sudhir Valia for an alleged ₹1,000-crore f...
- UP RERA new advisory: 6 key checks homebuyers should do before purchasing propertyThe Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has issued a crucial advisory for homebuyers, detailing six essential checks be...
- Gave up tenancy, got new flat in redeveloped property, then faced income tax notice of STCG of Rs 1.1 crore: How tenant won at ITAT MumbaiA Mumbai tenant successfully challenged a Rs 1.1 crore tax notice. He surrendered tenancy for a new flat in a redeveloped building. The Inc...
- Bengaluru founder says 2 salaries could not buy a flat in India, one income bought UK houseA Bengaluru entrepreneur's comparison of buying property in India versus the UK has sparked debate. She found purchasing a flat in Bengalur...
- '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...
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