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HOMEBUYER RIGHTS
Land pooling to open newer geographies for real estate development in DelhiDelhi Master Plan 2047 will develop nearly 200 sq km of urban extension areas. This plan introduces new development models and strengthens ...- Builder must fix recurring water leakage permanently, but homeowner can't dictate which contractor or brand to use: Karnataka RERA gives relief to Bengaluru top-floor flat ownerFrustrated with repeated water leakage issue in top floor flat homeowner requested building to appoint Dr Fixit and Asian paints to fix it;...
- 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 ...
- 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...
- How much of your salary should go towards your home loan EMI?Homebuyers should assess their monthly surplus before applying for a home loan. An affordable EMI fits comfortably after essential expenses...
- 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...
- Supreme Universal secures 1-acre redevelopment plot in Mumbai’s Bandra westSupreme Universal has secured development rights for a one-acre sea-view plot near Carter Road in Bandra West, Mumbai, where it plans to in...
- 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...
- Realtors line up to buy bankrupt developers as land prices riseSmall and mid-sized developers are increasingly using insolvency proceedings to acquire distressed real estate companies as land prices soa...
- 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...
- Can housing society clamp your wrongly parked car with a wheel jammer? Maharashtra court says yes but with this conditionMan purchased flat from PNB in auction but got only 1 parking spot for his 6 vehicles; housing society used wheel jammer to clamp wrongly p...
- 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...
- SC pulls up banks over alleged nexus with builders in real estate casesIn a significant ruling, the Supreme Court has ordered lenders to proceed with prosecuting their officers implicated in a questionable alli...
- Homebuyers lose stilt parking case: Maharashtra court explains why builder's allotment was invalidHousing society prevented homebuyers from using their stilt parking spaces given by builder as it was given after registration of society; ...
- RBI MPC: Home loan borrowers can breathe a sigh of relief, but how long their good days will last?RBI repo rate: The Reserve Bank of India has maintained its repo rate at 5.25%, providing ongoing relief for home loan borrowers. This deci...
- 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 ...
- Parking dispute turns costly: Homebuyer loses court case after neighbour occupies his parking space with second car, here's whyHomebuyers lost access to his parking spot after neighbour parked his 2nd car there; Maharashtra co-op appellate court dismissed homebuyers...
- Can housing societies charge separately for facilities like gyms or swimming pools in addition to maintenance fees? Know what the law saysAre housing societies allowed to impose user charges for facilities like gyms or swimming pools separately from maintenance? Know what the ...
- Beyond property search: From documentation to maintenance, how India's online real estate experience is changingIndian online real estate platforms are expanding beyond property discovery services. These companies now offer integrated solutions for th...
- 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...
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