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HOMEBUYERS
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...- Listed developers eye Rs 1.82 lakh crore pre-sales in FY27 as housing demand holds firm: ReportLeading Indian developers anticipate substantial pre-sales growth in fiscal year twenty twenty-seven. Combined pre-sales are projected to r...
- US existing homes fall 1.7% in July as record prices, high mortgage rates stifle would be-buyersExisting home sales in the United States saw a slight decrease during July. Record high prices and increasing mortgage rates are impacting ...
- Two new YEIDA plot schemes launching near Noida airport: Price, eligibility and application date hereTwo new YEIDA plot schemes near Noida International Airport are set to launch in October, with options for both low-income group buyers and...
- CREDAI welcomes Bengal realty reforms; seeks 8-month force majeure reliefCREDAI West Bengal welcomes the state government's proposed Standard Operating Procedure for building safety. Developers requested an eight...
- Faulty terrace repairs flooded two flats; Maharashtra court awards senior citizen Rs 3.96 lakh compensationSenior citizen to get Rs 3.96 lakh from housing society after housing society's faulty terrace repairs caused water leakage in his two flat...
- 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...
- More than 2-year delay in getting possession of the apartment, yet no compensation from MahaRERA; Know how accepting possession without protest hurt homebuyer's delayed compensation pleaHomebuyersgot no compensation for more than 2-year delay in possession of flat, MahaRERAorder; Know how accepting possession without protes...
- RBI's Rate Pause Sustains Steady Momentum in Residential Real EstateIndia's residential property sector remains robust, driven by consistent demand and advancements in infrastructure. The Reserve Bank of Ind...
- Think a Rs 50,000 EMI is better than Rs 35,000 rent? CA explains the home loan trap many ignoreCA Nitin Kaushik warns that comparing a Rs 50,000 EMI with Rs 35,000 rent can hide the true cost of homeownership. A 20-year loan may cost ...
- Mortgage rates hit highest level in over a year. Here's what it means for homebuyers in the USUS mortgage rates have climbed for five consecutive weeks, reaching a yearly high. This trend makes homeownership increasingly difficult fo...
- 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; ...
- CREDAI, NAREDCO hail RBI policy, stable home loan interest rate to help sustain housing demandThe real estate industry's leading organizations, CREDAI and NAREDCO, applaud the RBI's decision to maintain the current repo rate. This mo...
- CREDAI, NAREDCO hail RBI policy, stable home loan interest rate to help sustain housing demandRealtors welcomed the Reserve Bank of India's decision to maintain the repo rate. This stability in home loan interest rates is expected to...
- RBI's status quo on rates to support housing demand, keep real estate sentiment intact: IndustryThe RBI's decision to keep the repo rate unchanged at 5.25% for the fourth straight review has received a positive response from the real e...
- RBI's status quo on repo rate to boost festive housing demand, homebuyer confidence: Industry expertsThe RBI’s decision to keep the repo rate unchanged at 5.25% is expected to support homebuyer sentiment and sustain housing demand during th...
- 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...
- ET explainer: Centre's 4-month extension to ease compliance burden for realty companies, ensure project completionThe government has advised state RERAs to extend project deadlines by four months. This advisory addresses disruptions caused by the West A...
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