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DELAYED FLAT POSSESSION
UPI and AI: 'Buy Rs 500 worth gold if price drops below Rs 16,000/g'; your wish is AI agent's command, and it can make UPI payments at your target priceThe P3P AI agent can complete a UPI payment without any human authentication. However, the human still stays in control. Currently, AI agen...- 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 ...
- 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...
- Lady sold apartment, took Rs 2.5 lakh cash, bought new apartment from son-in-law, paid no tax, got income tax notice; she fights back and wins case in ITAT ChennaiA Chennai woman successfully appealed a tax notice after selling her apartment for Rs 35.5 lakh, including Rs 2.5 lakh in cash, and buying ...
- 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. ...
- 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...
- Big win for homebuyers after 10-year wait: Haryana RERA directs Gurugram-based builder to pay 10.80% interestHRERA, in its April 7 order, ruled in favour of two allottees who had lodged a complaint against M/s KNS Infracon Pvt Ltd and its associate...
- Don’t wait till possession: 4 parking checks every homebuyer must do earlyHomebuyers often face parking disputes after taking possession of their homes. Experts advise checking parking space dimensions, legal term...
- Ansal Properties held accountable for subsidiary’s failure to deliver flats in Haryana township by consumer forumThe National Consumer Disputes Redressal Commission has ruled against Ansal Properties and Infra Ltd. The company is held responsible for i...
- Bombay HC upholds homebuyers' right to withdraw builder's deposit during appeal; How will this speed up refund on delayed projects?In a significant ruling for the real estate sector, the Bombay High Court has affirmed that homebuyers can withdraw amounts deposited by bu...
- Court orders real estate developer to refund Rs 2.4 crore, pay Rs 5.5 lakh penalty to buyer for delayed flat possessionDelhi State Consumer Disputes Redressal Commission ordered a real estate company to refund Rs 2.4 crore to a complainant for not delivering...
- Builder can’t force buyer to take possession of incomplete flat: NCDRCA bench of C Viswanath and Ram Surat Ram Maurya directed a Bengaluru-based real estate company to refund the entire amount of around Rs 3.5...
- Home buyers can seek refund if flat delayed beyond 1 year: NCDRCBuyers forced to wait for over a year for flats can now claim refund from builders.
- One-sided agreement skewed against home-buyers not binding: SCA real estate company could not be allowed to bind home-buyers with one-sided contractual terms which protect the interests of the company ...
- Buyer can claim interest even for a 22-month delay in possession: Consumer commissionThe commission ruled in favour of Malad resident Neela More who had booked a 607 square feet flat for Rs 13 lakh in June 2000, but got its ...
- Most ongoing projects in NCR will be out of RERA ambitBoth Haryana and Uttar Pradesh have decided to keep outside the purview of RERA projects that have been issued, or applied for, occupancy c...
- Builder liable to pay for delays in getting occupancy certificateThe consumer is entitled to compensation till the time when the flat becomes legally available for occupation, National Commission ruled.
- Even minister Rajyavardhan Rathore not spared by builders; SC orders Parsvnath to deliver in 2 daysThe company had tried to justify delay in construction on the ground that the real estate sector was badly hit by recession.
- DDA to pay Rs 5 lakh for delay in delivery of flat possessionDDA has been directed by the state consumer commission to pay Rs five lakh as compensation to an allottee for delay in handing over possess...
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