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BUILDER COMPENSATION
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...
SC's ₹30,000 homemaker benchmark may lift accident compensation payoutsA Supreme Court ruling has assigned a notional monthly value of ₹30,000 to unpaid household work. This decision is expected to significantl...
SC sets Rs 30,000 monthly income for housewives, calls them 'nation builders'The Supreme Court has declared homemakers as nation builders. Their domestic care work will now be recognized as a separate category for co...
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...
SC says 'homemakers are nation builders'The Supreme Court has recognized the invaluable contribution of housewives. Loss of a wife's domestic care will now be a separate compensat...
Supreme Court recognises homemakers as 'nation builders', sets Rs 30,000 monthly compensation for domestic workThe Supreme Court of India has declared homemakers as nation builders. A monthly compensation of Rs. 30,000 will now be awarded for the los...
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...
India produces talent, but does it build it?India has world-class talent in engineering, management and entrepreneurship, but Indian companies still often treat people as easily repla...
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...
The overlooked ruler feature that protects measurement accuracyA social media post sparked curiosity about the blank space before zero on rulers. This design feature, often overlooked, safeguards measur...
Is Tim Cook a better CEO than the legendary Steve Jobs? Aswath Damodaran shares his argument for Apple investorsValuation expert Aswath Damodaran highlights Tim Cook's significant role in Apple's financial growth. Cook's tenure is seen as a masterclas...
Pay full Bengaluru property tax by May 31, 2026 and get 5% rebate as due date gets extendedBengaluru property owners can now avail a 5% rebate on property tax by paying in full by May 31, 2026, as the deadline has been extended. A...
New-age B-school report highlights strong startup placements and early offersMesa School of Business, a startup-focused, AI-first institution backed by Elevation Capital, has released independently audited placement ...
In two Amazon units, 'builder' replaces traditional job titlesAmazon is changing job titles at its Ring and Blink units. Employees will now be called "builders" and their bosses "builder leaders." This...
Bought a flat but parking too small and far away? Homebuyer filed case but lost in RERA; here’s whyA homeowner's plea for a better parking spot was dismissed by Punjab RERA. The complainant argued his allotted space was too small and far ...
Builder to hand over Lower Parel flat after 12-year delay, pay 21 lakhThe commission refused an offer by the builder to refund Rs 64 lakh paid as booking amount, saying that problems faced by builder in comple...
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 ...