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 ...
Couple earning Rs 3 lakh per month reject Rs 1.5 lakh EMI: How they avoided a home loan trap, CA explains the mathA Gurgaon couple earning Rs 3 lakh a month decided against buying a Rs 2 crore home that would have required an EMI of around Rs 1.5 lakh. ...
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...
Booked flats for Rs 1.16 crore, two homebuyers awaiting possession find project lapsed; MahaRERA orders builder to give money back with interestIn 2013, two homebuyers believed they would receive their flats by 2014. However, the project registration expired, leaving construction st...
UP RERA approves 13 realty projects worth Rs 2,380 cr; Barabanki tops listUttar Pradesh RERA approved thirteen real estate projects valued at over Rs 2,380 crore. These projects will create 4,724 residential and c...
CBI searches 12 locations in Bengaluru, Mumbai, Pune over builder-financial institution nexusThe CBI has registered five new criminal cases against builders and financial institutions. These cases stem from alleged links that defrau...
Delhi HC refuses to quash criminal case against Supertech executivesThe existence of a criminal conspiracy is ordinarily a matter which is required to be inferred from the conduct of the parties and the circ...
Gurugram has jobs, Faridabad space: How connectivity and changing buyer needs are reshaping NCR housingThe shift in NCR real estate market reflects changing buyer priorities, with homebuyers increasingly weighing space, greenery, amenities, w...
Duty of enforcement agencies to ensure compliance with law on wearing seat belts: SCThe Supreme Court affirmed existing seat belt laws are adequate for vehicle safety. It stressed law enforcement agencies must ensure citize...
SC rejects proposal of Parsvnath Developers for homebuyers, asked it to file anotherThe Supreme Court rejected Parsvnath Developers’ proposal on handing over flats or repaying homebuyers, calling it another device to delay ...
Paid Rs 14.51 lakh for a home in Gurugram, buyer finds no progress at construction site as builder lost registration; HRERA directs refund with 10.80% interestAccording to the complaint made by the homebuyer, he has made a payment of Rs 14.51 lakh till now, which amounts to almost 50% of the total...
No possession of flat after 3 years of signing sale agreement: Homebuyer to get Rs 14.17 lakh refund with Rs 6.4 lakh interest; know how she won the case in TGRERANo flat delivered even after three years of signing sale agreement: Homebuyer wins refund with Rs 6.4 lakh interest, TGRERA order. Laxmi Na...
5069 sq ft advertised, 3900 sq ft delivered : Telangana RERA orders Rs 20 lakh refund for homebuyer and Rs 98 lakh penalty for builder. Know what happenedAs per the sale agreement, the villa measured 5069 square feet, but the builder delivered a 3900 square feet villa and said 30% of the area...
Orris Infrastructure and Godrej Properties settles dispute over Gurugram projectOrris Infrastructure and Godrej Properties have settled their dispute concerning the Godrej Air project in Gurugram. The Bombay High Court ...
Supertech projects: Homebuyers raise concerns over delay despite NBCC takeoverHomebuyers of stalled Supertech projects are concerned about construction delays. NBCC took over these projects nearly two years ago, but p...
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;...
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...