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HOMEBUYER WON CASE
Booked flat for Rs 24 lakh in 2010, paid Rs 40 lakh over time, still no possession in 2026; homebuyers awarded full refund and Rs 2.5 lakh compensation eachThe case dates back to 2010 when the two homebuyers had made bookings for 3BHK flats in a housing society project initially proposed in Noi...- Don’t wait till possession: 4 parking checks every homebuyer must do earlyHomebuyers often face parking disputes after taking possession of their homes. Experts advise checking parking space dimensions, legal term...
- Waited long for a delayed project? Punjab RERA says no extra compensation for homebuyer other than interest for delay periodA homebuyer who opted to continue with a delayed housing project in Chandigarh will only receive RERA-mandated interest compensation for th...
- Jaypee 'fraud' case: ED attaches assets worth Rs 400 croreThe Enforcement Directorate has seized assets worth Rs 400 crore linked to a trust of former Jaypee Infratech MD Manoj Gaur and a company o...
- Flat ready but keys not handed over: Karnataka RERA rules landowner are promoters too, orders Rs 6 lakh payout to homebuyers for delayed possessionKarnataka RERA has ruled that landowners are also considered promoters under the RERA Act. This decision came after homebuyers filed a case...
- Bengaluru homebuyer wins Rs 29 lakh and interest compensation after builder delays flat possession by nearly 4 yearsA Bengaluru homebuyer has won a significant victory against a builder. After a lengthy delay in getting possession of their apartment, the ...
- 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 ...
- Possession delay: MahaREAT asked homebuyer to pay Rs 13 lakh interest to builder despite 2.5 years delay in delivery of Rs 1.65 crore apartmentA Mumbai homebuyer will pay Rs 13 lakh net interest to a builder after deduction of his interest payment from the builder. The builder must...
- Homebuyers win MahaREAT case despite unregistered sale agreement; to get Rs 23 lakh with interest from builders for delay in possessionThe Maharashtra Real Estate Appellate Tribunal ruled that builders cannot use unregistered sale agreements as an excuse for delays. Homebuy...
- Homebuyer claims Section 80C tax deduction for home loan repayment, tax dept challenges it — ITAT Panaji rules in his favourA Goan homebuyer successfully challenged the tax department's denial of his Section 80C deduction for home loan repayment. The ITAT Panaji ...
- Delhi NCR builder ordered to pay Rs 85 lakh for delayed home possession: Haryana RERA judgment explainedHaryana RERA has ordered a prominent builder to pay Rs 85 lakh in interest compensation to the Batra family for a five-year delay in handin...
- 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...
- Possession delay: Homebuyer won loan interest refund in consumer court only to be overturned by Supreme Court, here’s whyThe Supreme Court has ruled that builders are not obligated to reimburse homebuyers for interest paid on home loans even if project deliver...
- 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...
- Suraksha group expects NCLT nod by March to acquire Jaypee Infra; gearing up to start constructionIn the meantime, Suraksha ARC Managing Director and Chief Executive Officer Aalok Dave said the company is making preparations internally t...
- Has bankruptcy law failed homebuyers?Five years after the Insolvency & Bankruptcy Code (IBC) was notified, only eight resolution plans for real estate sector have been approved...
- RERA in NCR to continue with virtual hearings post Covid-19Both Haryana and UP RERA, which cover the maximum number of ongoing real estate projects in NCR towns, have opted for virtual hearings post...
- Has your house been mortgaged without your knowledge? Lessons from the Noida case that left many shakenFor families, it was the shock of their lives: Loans were taken against their homes & they didn't even know.
- Builders want land cost review to hike pricesRepresentatives of builders, homebuyers, bankers and Uttar Pradesh government participated in the meeting of the panel, which was set up by...
- 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.
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