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HOMEBUYER RIGHTS
Homebuyer paid Rs 15 lakh for a Rs 10.41 lakh flat, builder then threatened and asked Rs 20 lakh more; he approached Consumer Commission and won a refund with interestMr Anwar believed that the flat would be delivered after disposal of the litigation. However, after waiting for another 3 years, he came to...
Man earns Rs 75 lakh by redeveloping property inherited from mother, pays no income tax, receives notice, wins case in ITAT DelhiProperty owner inherits mother’s land, converts it into freehold, DDA grants mutation, redevelops it, gets Rs 75 lakh from builder, pays no...
Mumbai-NCR real estate price gap narrows to 1.6 times as Gurugram gains groundGurugram's real estate landscape has rapidly evolved to surpass several areas in Mumbai in terms of property prices. The NCR's property val...
Home loan EMI for these borrowers will go up as RBI increases repo rate by 25 bps: Know the impact on Rs 25 lakh-Rs 2 cr home loansRBI repo rate: Borrowers with home loans linked to External Benchmark Linked Rates will see an increase in their EMIs. The Reserve Bank of ...
Repo rate hike may raise borrowing costs, but real estate demand likely to be resilient: RealtorsThe Reserve Bank of India increased the repo rate by 25 basis points to 5.50 percent. Real estate companies in West Bengal anticipate a sli...
Bengaluru homebuyers paid Rs 1.15 crore, waited over 20 years without possession; builder ordered to pay Rs 1.51 crore including full refund with 9% interestBuyers of a stalled Bengaluru housing project moved the National Consumer Disputes Redressal Commission after waiting more than two decades...
Homebuyer paid Rs 1.73 crore for a flat in Gurgaon, builder delayed project and alleged that he booked unit for commercial gain; he fought and won the money back with 12% interestMr Rajinder Singh booked a flat in Gurgaon and was promised possession within three years. After a decade of waiting, he sought legal actio...
US house buying guide: September 27-October 3 named best week to buy a home in 2026; homebuyers could save $14,000From September 27 to October 3, 2026, prospective homebuyers could enjoy favorable market conditions that might support their purchasing de...
Homebuyer pays Rs 1.03 crore for a 3BHK flat with specially enabled parking; builder fails to deliver; Karnataka RERA rules in buyer’s favourBuilder promised specially enabled parking spaces; homebuyer paid Rs 1.03 crore for a 3BHK unit, but the builder failed to honour the parki...
Why bond yields are rising and why everyone should careThe bond market has witnessed unprecedented yield levels, peaking at heights not seen in two decades, leading to increased borrowing costs ...
In 2017, Philadelphia crews digging up Spruce Street hit water mains made of bored logs, laid around 1811; the city's last wooden pipe left service in 1858While digging on Spruce Street in Philadelphia, city workers unearthed wooden water mains dating back 200 years. Installed around 1811, the...
Can you earn rental income by letting out your flat on Airbnb for homestay? What homeowners need to know as similar case sparks protests in a Ghaziabad housing societyIf someone is found running a homestay or Airbnb-like service in your society, what can you do? Legally, the society’s first step should be...
Homebuyer caught in builder-housing society parking fight wins relief: Know what Maharashtra court ruledHomebuyer caught between builder and housing society dispute over parking space and open area; Maharashtra Court protects buyer’s parking r...
With a 3 crore budget, the Gurgaon home-buyer will no longer “compromise”M3M and Smartworld are hosting a "Homes Under 3 Cr. Fest" in Gurgaon. This event offers multiple residential options below three crore rupe...
What is an approved project and why does it matter when buying a home?Securing lender approval for real estate projects significantly simplifies the home loan process. Each project is meticulously evaluated th...
Dissenting housing society members challenge redevelopment plan citing 10% less area, but lose the case in Maharashtra co-operate appellate court for this reasonTwo members challenged redevelopment plan citing 10% less area with potential Rs 25 to 30 lakh loss; loses case in Maharashtra Co-operative...
Builder fails to deliver pool, gym, spa and other amenities; Karnataka RERA orders Rs 10 lakh compensation to homebuyersBangalore: For lack of pool, open gym, spa, open amphitheatre & other amenities by builder as promised, homebuyers win Rs 10 lakh compensat...
When ‘almost complete’ means years of waiting: How RERA extensions are pushing possession dates further away for homebuyersMany housing projects miss their completion dates and seek extensions. A MahaRERA analysis shows many projects have extension histories. Re...
Homeowner wins against builder over roof leakage: Telangana RERA cites 5- year liability ruleHomeowner facing water leakage from roof issue wins relief in Telangana RERA as tribunal said builder is liable to fix it since its reporte...
Builder fined Rs 1.03 crore by Telangana RERA for unregistered, unfinished villas; homebuyer gets Rs 79 lakh refund + Rs 21.7 lakh interestHomebuyer to get Rs 21.7 lakh interest as Telangana RERA acts against builder over unfinished villa construction and imposed Rs 1.03 crore ...