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HOMEBUYER REFUND
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...
SC seeks Centre, ED responses on plea alleging Rs 14,000 crore diversion in Noida, Yamuna Expressway housing projectsThe Supreme Court has issued notices to the Centre, Enforcement Directorate, RBI, Uttar Pradesh authorities, and several real estate firms....
Jaypee Golf Club members in Noida seek clarity as Adani takeover of JAL nearsJaypee Golf Club members face uncertainty as Jaiprakash Associates' insolvency nears conclusion. Members demand clarity from the Resolution...
Lavasa homebuyers file plea at NCLAT against resolutionHomebuyers of Lavasa, India's first privately built hill town, have filed a fresh appeal. They allege serious flaws in the resolution plan ...
ReaRCo acquires KV Developers through the insolvency processReaRCo Private Limited has acquired KV Developers, bringing relief to nearly 400 homebuyers in Greater Noida. The company secured Rs 195 cr...
You need more than lifting the corp veilThe National Consumer Disputes Redressal Commission has made a bold move by dissolving the corporate barrier between Ansal Properties and i...
After 15-year wait, JAL homebuyers pin hopes on Adani plan for long-delayed homesHomebuyers who booked properties 15 years ago with Jaiprakash Associates Limited (JAL) are anticipating possession following the Supreme Co...
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...
Homebuyer to get Rs 1.28 crore refund with interest as MahaRERA raps builder for prolonged delay in getting OCA homebuyer will receive a Rs 1.28 crore refund with interest from a builder. MahaRERA ordered the payment after the project failed to get ...
Bengaluru homebuyer to get Rs 70 lakh from builder due to three year delay in possession; Know how RERA law helped him win the caseA Bengaluru homebuyer secured a victory against a builder in the Karnataka RERA tribunal. The builder failed to complete the apartment proj...
MahaRERA orders Lodha Developers to issue full refund of booking money after homebuyer’s bank loan application got rejectedMahaRERA directed Lodha Developers to refund a homebuyer's Rs 7 lakh booking amount after their loan was rejected. The buyer booked a Rs 2....
Delayed construction in non-RERA complaint project: Homebuyers to get refund with 11% interest from builder as per Telangana RERA orderA Hyderabad builder, lacking RERA registration, allegedly misused funds from 62 homebuyers by diverting them to other projects, leading to ...
RERA Impact: Builder asked to pay Rs 2.56 crore compensation and foreclose homebuyer’s housing loan due to 7-year delay in possession of flatRERA: A homebuyer who took home loan to buy an apartment in Bengaluru faced challenges when the bank started charging the EMIs but construc...
Court orders Godrej Projects to refund Rs 4 crore to homebuyers for not building road, amenities 7 years after bookingNCDRC has ordered Godrej Projects to refund over Rs 4 crore to homebuyers. The builder failed to deliver promised amenities, including a 24...
Delhi: Will hand over 15,000 Unitech flats in 4 years, SC toldThe new management told SC that it was not advisable to wind up the company by selling its assets as the home-buyers, creditors and all sta...
Maharashtra Real Estate Tribunal says booking amount forfeiture unfair due to inequitable, one-sided pactsMaharashtra Real Estate Tribunal rules in homebuyers’ favour to get booking amount refund.
SC asks Supertech to deposit Rs 10 crore to pay interest to home-buyersThe apex court took note of the report of advocate Gaurav Agrawal, who is assisting it as an amicus curiae, that there was a list of 164 ho...
Home buyers are main sufferer of real estate industry, neither getting home nor refund: SCThe court's observations came as it heard a plea of thousands of home-buyers in Jaypee Infratech Ltd(JIL) projects seeking the refund of mo...
MahaRERA passes order to settle homebuyer-Lodha developers matterMahaRERA on Tuesday disposed of a case filed by a homebuyer seeking refund of a booking amount from Lodha Developers.
Will refund 3,300 Jaypee buyers at any cost: Yamuna development authorityA total of 3,367 buyers have invested in six projects of Jaypee group in YEIDA area — Budh Circuit-01, Budh Circuit-02, Nature View, Boulev...