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REAL ESTATE BUILDERS
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...
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...
Hyderabad land auctions shatter records, fetch over Rs 200 crore an acreHyderabad has achieved record-breaking land prices. Two major land parcel auctions generated Rs 2,500 crore. Gowra Ventures paid Rs 1,490.7...
Did Berkshire Hathaway crack another long-term wealth-creation formula? NVR stock soared 62,000% since 1996, and its Taylor Morrison bet may signal the next homebuilder winnerNVR stock has surged nearly 62,000% since 1996, crushing the S&P 500’s roughly 1,800% return and redefining what long-term wealth creation ...
Manglam Group’s Pink West clocks ₹300 crore in sales, highlighting demand for premium commercial spacesRajasthan's real estate is booming, with Manglam Group leading the charge with its ambitious commercial project, Pink West. This premium hi...
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...
Berkshire's $16.8 billion bets signal Greg Abel's new direction at the helmBerkshire Hathaway is deploying its vast cash reserves. Greg Abel has committed $16.8 billion in two days. This includes a $10 billion inve...
Earning Rs 10 lakh a year and skipping Rs 150 gourmet coffee won't make you rich, warns CA and shares what will actually build wealthChartered Accountant Nitin Kaushik argues that focusing on small daily expense cuts distracts from the real wealth-building opportunity: in...
Builder delayed possession and charged Rs 75 lakh extra on the basis of super area instead of carpet area; homebuyers partly win case in Punjab RERA for delayed possessionHomebuyers in Amritsar received partial victory from Punjab RERA regarding delayed possession. The authority ordered the builder to pay int...
Supreme Court seeks govt, RBI response to plea for audit of banks' realty exposureThe Supreme Court has asked the government and the Reserve Bank of India for their response to a petition that wants banks' dealings with r...
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...
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...
Builder denied proper parking? Know your rights under RERA & key court rulingsHomebuyers facing parking disputes with builders now have legal recourse. Judicial precedents and RERA guidelines offer clarity on issues l...
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...
Now homeowners can file online complaint against builders for illegal transfer charges in Uttar Pradesh; Step-by-step guide on how to do itHomeowners in Uttar Pradesh can now file online complaints against builders for illegal transfer charges. UP-RERA has activated a new mecha...