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HOMEBUYER ADVANCE MONEY
ED arrests 2 directors of Ramprastha Group, in homebuyers fraud-linked PMLA caseSandeep Yadav and Arvind Walia, directors of Ramprastha Group, are now in custody. The Enforcement Directorate made the arrests in connecti...21 Jul, 2025, 02.29 PM IST- Homebuyers 'fraud': ED attaches assets worth Rs 681 crore of Ramprastha groupThe Enforcement Directorate has attached Ramprastha real estate group's properties. These properties are worth over Rs 680 crore in Gurugra...12 Jul, 2025, 06.43 PM IST
- Builder cannot forfeit advance money without signing sale agreement; TG RERA orders refund of Rs 12.1 lakh to homebuyerRERA: Telangana Real Estate Regulatory Authority (RERA) recently passed a judgement ordering a builder to refund the advance money fully. T...23 Nov, 2024, 03.32 PM IST
- RERA: Mumbai couple wins Rs 20.65 lakh against builder who forfeited booking amount for cancellation of the dealRERA: The Maharashtra Appellate Tribunal (MahaREAT) has ruled that a promoter cannot arbitrarily forfeit advance money paid for a flat. The...06 Nov, 2024, 12.47 PM IST
- ED searches realty major DLF in money laundering case against SupertechThe money laundering case, filed under the criminal sections of the Prevention of Money Laundering Act (PMLA), stems from as many as 26 FIR...25 Nov, 2023, 06.46 PM IST
- NBCC to acquire Jaypee Infra, work on stalled projects to start in 6 monthsThe actual work on the project is expected to commence by the first week of May.18 Dec, 2019, 07.51 AM IST
- Steps for homebuyers next week: Nirmala SitharamanProblems faced by homebuyers hurting economic growth will be addressed next week.24 Aug, 2019, 05.37 PM IST
- Steps for homebuyers next week: Nirmala SitharamanSitharaman has said that the government will unveil a fresh set of measures by the middle of next week, aimed at resolving the problems fac...24 Aug, 2019, 11.06 AM IST
- IBC: SC upholds homebuyers’ rights as financial creditorsThe bench said only genuine homebuyers can invoke insolvency proceedings against the builder and asked the Centre to file an affidavit taki...10 Aug, 2019, 12.21 PM IST
- Enforcement Directorate to examine alleged Rs 1,600 crore siphoning by Unitech promotersAfter the SC appointed auditor Grant Thornton highlighted grave irregularities in its preliminary report, the forex enforcement agency has ...15 Jul, 2019, 07.46 AM IST
- Unitech diverted Rs 1,500 cr for other purposes, SC toldUnitech group is developing 74 housing projects and around 17,000 homebuyers have invested in the projects.10 May, 2019, 11.44 AM IST
- Home truths hit buyers as Amrapali probe findings go from bizarre to shockingProbe has found that Amrapali's promoters and directors built personal empires using homebuyers' money.04 May, 2019, 06.21 AM IST
- NCLT admits bankruptcy plea against Noida-based realtor Granite GateThe buyers had approached the tribunal after the builder failed to deliver flats and refund their advance money.10 Jan, 2019, 09.03 PM IST
- Bankruptcy code amendment: The problem with treating homebuyers as financial creditorsBuyers need to be given the confidence to return to a market that has for too long cynically cheated them of their life savings.11 Jun, 2018, 10.43 AM IST
- 11 Noida housing projects get notice for diverting buyers’ Rs 4,000 croreAn audit had detected a difference between income and expenditure in the builders’ accounts in the residential projects.12 Feb, 2018, 11.09 AM IST
- Keep homebuyer, lender rights on par under Insolvency and Bankruptcy Code: SBI MD Rajnish KumarAccording to the SBI MD, homebuyers need to lower their risks by purchasing ready-to-move-in apartments rather than in an under-constructio...29 Aug, 2017, 01.23 PM IST
- Trouble for realtors taking advance service tax from buyersThe basic condition for service tax is that the service should have been rendered. There is no concept of filing ‘advance service tax’.29 Jun, 2017, 10.10 AM IST
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