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LEGAL BATTLE HOMEBUYERS
Builder homebuyer dispute: Should homebuyers choose arbitration or RERA for quicker resolution?Homebuyers facing builder disputes have a choice between RERA and arbitration. RERA offers a specialized forum for quicker resolutions at l...- UP’s new unified circle rates: Here’s how homebuyers gain on price, tax & financingUttar Pradesh is rolling out a unified circle rate system designed to streamline property valuation and make stamp duty calculations a bree...
- RERA isn’t toothless, it’s still shaping upWhile RERA is far from flawless, it has significantly reshaped India’s real estate landscape. It has curbed some of the sector’s most harmf...
- 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...
- CBI just got more power to go after banks & builders who formed an "unholy nexus" to dupe homebuyers in several marketsFor policymakers, the outcome could reshape rules governing real estate financing. The Supreme Court’s consistent emphasis on accountabilit...
- Homebuyers protest against long delay in Jaypee Infratech projectsHundreds of frustrated homebuyers protested in Noida against Jaypee Infratech's delayed housing projects, even after the Suraksha Group too...
- Homebuyers taken to ransom: SC wants probe into builder-bank messThe Supreme Court has called for a CBI probe into the alleged collusion between builders and banks, impacting homebuyers in NCR. The bench ...
- Supertech homebuyers staring at uncertain futureMore than 25,000 homebuyers face delays as the Supreme Court stays an order appointing state-owned NBCC to complete stalled Supertech proje...
- RERA: Son fights against builder for property possession delay; wins Rs 37 lakh interest compensation in NCDRCRERA: A father from Panvel, Navi Mumbai purchased a flat for his family legacy however the developer despite taking about 97% of the money ...
- Builder asked to pay Rs 5.14 lakh to homebuyer by NCDRC for occupancy certificate delay and other violationsRERA: A retired Major had to chase the builder for 9 years in order to get occupancy (OC) and completion certificate (CC). Apart from this ...
- Ray of hope for 20,000 homebuyers as work begins in Jaypee Infra's 'ghost town' in NoidaFor nearly 20,000 Jaypee Infratech Limited (JIL) homebuyers, who have been waiting for the hand over of their flats for more than 13 years,...
- Demolition of Supertech twin towers also demolishes ego of builders: FPCEThe Forum For People's Collective Efforts (FPCE), an umbrella body of homebuyers that played an important role in enactment and implementat...
- Amrapali buyers asked to take approval before ‘spreading any message’Public sector construction company NBCC is overseeing the completion of Amrapali flats. It has a commitment to deliver over 38,000 flats wi...
- 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.
- ‘No one’s thinking of the homebuyer’Flats in Wish Town were booked mostly between 2008 and 2009 and should have been ready by 2011-2012. However, the deliveries stopped after ...
- We will ask Centre to take over Unitech group, says Supreme CourtThe court was hearing a batch of petitions filed by homebuyers who have been fighting a legal battle against Unitech for almost three years.
- Jaypee Infra assures homebuyers stuck projects’ delivery in 4 years if NCLT allowsThis proposal was made to home buyers at a meeting called by Jaypee group chairman Manoj Gaur as part of efforts to seek flat owners' suppo...
- Jaypee Infra management, homebuyers to discuss delivery, other proposals on FridayThe financial proposals of two bidders – Suraksha and NBCC – have failed to pass muster at the Committee of Creditors (CoC). NBCC has sough...
- 75-day interest relief to builders hit by Okhla park court battleNoida officials said the decision to extend the waiver got the board's stamp in November 2016 and now awaits the CEO Amit Mohan Prasad's ap...
- Flats in Noida to get costlier as registration charges rise by 2%Authorities say registration charges will be hiked from the current 5% to 7% to bring the rate in Noida on a par with the rest of the state.
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