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BUILDER DEFAULT
No possession of flat after 3 years of signing sale agreement: Homebuyer to get Rs 14.17 lakh refund with Rs 6.4 lakh interest; know how she won the case in TGRERANo flat delivered even after three years of signing sale agreement: Homebuyer wins refund with Rs 6.4 lakh interest, TGRERA order. Laxmi Na...- Paid Rs 14.51 lakh for a home in Gurugram, buyer finds no progress at construction site as builder lost registration; HRERA directs refund with 10.80% interestAccording to the complaint made by the homebuyer, he has made a payment of Rs 14.51 lakh till now, which amounts to almost 50% of the total...
- Wife gets income tax notice after husband sells joint property Rs 14 lakh below market price; she fights back and wins the case in ITAT KolkataWife escaped income tax notice as she proved in ITAT that her husband entirely paid for their joint property which was sold for Rs 14 lakh ...
- Housing society redevelopment: 5 legal checks to make before choosing a builder-led or self-redevelopment projectRevamping aged societies opens the door to fresh residential and commercial opportunities in Mumbai. Choosing between hiring a builder or e...
- Vibe-coding apps gun for Indian geek loveCursor, OpenAI and Anthropic are turning up the heat in the race to win India’s fast-growing tribe of AI builders, writes Swathi Moorthy. T...
- National Highway builders bat for BOT annuity model to avoid zero-bid scenarioThe National Highways Builders Federation said the current BOT (toll) model exposes private developers to an unacceptably high level of ris...
- Ageing housing societies: How homeowners can avoid losing their homes and money to redevelopment delaysAgeing housing societies that were promised bigger, modern living spaces have seen builders abandon or stall construction for years, with l...
- Builder forfeited homebuyers' earnest money after they questioned poor construction quality; HC orders Rs 18 lakh refund with 6% interestBuilder used coercive bargaining and paid Rs 18 lakh less as refund to homebuyers for cancellation of allotment under full and final settle...
- Gurgaon-based real estate company ordered to pay Rs 23 lakh compensation to buyers over delayed flat possession by Haryana RERAIn a recent ruling, Rera instructed Pareena Infrastructure to compensate two homebuyers with Rs 23 lakh for the extended delays in deliveri...
- More than 2-year delay in getting possession of the apartment, yet no compensation from MahaRERA; Know how accepting possession without protest hurt homebuyer's delayed compensation pleaHomebuyersgot no compensation for more than 2-year delay in possession of flat, MahaRERAorder; Know how accepting possession without protes...
- Modern proverb of the day: ‘If you ask the grass, the zebra is the monster and the lion is…’ - A life lesson on how different perspectives shape our ideas of good and evilProverb of the day: In any given situation, it is common for individuals to interpret events through their unique lenses. Our personal valu...
- Maharashtra govt orders strict action against builders over MHADA homesMaharashtra government directs stringent legal action against developers for delayed MHADA home transfers. Stricter measures, including jai...
- Senior citizen fined for parking in open space wins relief; Maharashtra court orders housing society to allot a convenient parking spotSenior citizen allotted inconvenient parking spot by builder in 2011 leading her to park car in open space; Housing society levied penalty ...
- Are you an NRI who sold an under-construction property? Here's what actually counts as your “Date of Purchase” for capital gains calculationNRIs selling under-construction property must use the allotment date for capital gains. This date determines long-term versus short-term ca...
- Time to score own goals: India's GCCs create world-class research, but rarely own the IP that generates future wealthIndia's innovation challenge lies in foreign ownership of research assets. Global Capability Centers generate significant revenue but do no...
- Housing finance stocks: Is the worst of perception over? Time for a relook? 11 HFC stocks with upside potential from a low 6% to 30%As a sector, housing finance has borne the brunt of regulatory changes and various scams at different points of time. It is a sector that h...
- 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...
- 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...
- 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...
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