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FLAT POSSESSION DELAY
Booked flats for Rs 1.16 crore, two homebuyers awaiting possession find project lapsed; MahaRERA orders builder to give money back with interestIn 2013, two homebuyers believed they would receive their flats by 2014. However, the project registration expired, leaving construction st...- Delhi HC refuses to quash criminal case against Supertech executivesThe existence of a criminal conspiracy is ordinarily a matter which is required to be inferred from the conduct of the parties and the circ...
- SC rejects proposal of Parsvnath Developers for homebuyers, asked it to file anotherThe Supreme Court rejected Parsvnath Developers’ proposal on handing over flats or repaying homebuyers, calling it another device to delay ...
- 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...
- 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...
- They earn Rs 4 lakh per month, have a Rs 4 crore home, yet can’t have kids. Investment expert reveals why: ‘The house won’t survive…’Being a couple with high-flying jobs and enviable networth doesnt mean all of your dreams come true. Taking to LinkedIn, one investment adv...
- Dubai-based homebuyer cancels 2 Mumbai flats after long delay, but builder kept him waiting for refund and wanted to deduct charges: MahaREAT orders full refund + Rs 1.33 crore in interestDubai based homebuyers books two flats in Mumbai from Dubai office in Sheikh Zayed Road of Sion, Mumbai based builder; but builder delays p...
- Buying a house in a big gated society? Check these 4 key things before your dream home turns into a nightmareIndia’s cities cannot accommodate their rapidly growing urban populations without greater density. The trend towards large residential proj...
- Developer didn't provide Occupancy Certificate to flat owners for 18 years, NCDRC orders Rs 6 crore compensation for Mumbai society residentsA Mumbai housing society received six crore rupees compensation from the NCDRC after the developer failed to secure an Occupancy Certificat...
- Paid Rs 46 lakh for flat in 2019, but builder didnt deliver even after 6 years; wealth manager shares how buyer got Rs 1 crore payout from courtA Chennai couple who paid Rs 46 lakh for a flat in 2019 allegedly waited years without receiving possession, while continuing to pay both r...
- 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...
- AU$100,000 salary sounds like Rs 67 lakh in India, but an Indian in Australia explains the realityAn Indian man in Australia explained salary conversion differences to his family. His AU$100,000 annual income appears large when converted...
- 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...
- Can housing societies deny common facilities to smaller flats because of lower maintenance fees? Know what the law saysCan a housing society stop access to common facilities by residents of smaller flats on the ground of smaller maintenance? Know what the la...
- 'Booked flat in 2012, now possession in 2032': Millionaire Sabeer Bhatia shares homebuying ordeal in IndiaSabeer Bhatia booked a high-end apartment in India back in 2012. The property's construction remains unfinished after more than a decade. B...
- 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...
- Homebuyer booked flat for Rs 18 lakh in 2010, later finds builder sold the flats to third party: Mumbai man wins full refund with interest, penalty on developerHomebuyer wins full Rs 18 lakh refund in Mumbai: While the developer issued an allotment letter dated August 16, 2010, it failed to provide...
- Homebuyer finds water leakages and seepage issues weeks after buying flat; Telangana RERA orders builder to relay terrace flooring, carry out waterproofing workBuilder ordered by TGRERA to relay terrace flooring and execute comprehensive waterproof treatment to ensure a permanent solution to resolv...
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