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NATIONAL BUILDER BUYER
Parking space dispute: What national building code says & what you can doHomeowners facing inadequate parking spaces from builders have recourse beyond RERA, which doesn't mandate specific parking dimensions. Whi...- Builder denied proper parking? Know your rights under RERA & key court rulingsHomebuyers facing parking disputes with builders now have legal recourse. Judicial precedents and RERA guidelines offer clarity on issues l...
- Alpha Corp to take over three stuck projects following Supreme Court approvalThe Supreme Court has revived Alpha Corp's plan to complete three stalled projects of Earth Infrastructures. This decision offers hope to o...
- Blocking of Meta's AI startup buy raises risk for cross-border China tech dealsChina has blocked Meta's acquisition of AI startup Manus. This move signals increased risk for global investors in advanced tech firms link...
- NCR workers' wage hike may push up living costs in gated societiesRising minimum wages and worker unrest in the NCR are poised to increase living costs in gated communities and inflate construction expense...
- 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...
- World finance chiefs head to IMF with a sense of déjà vuGlobal economic policymakers convene amid concerns over President Trump's actions impacting Middle East growth. The IMF warns of reduced ca...
- A new reality dawns on the Dubai skylineDubai’s real estate sector is currently navigating through turbulent waters due to geopolitical upheavals. Interest from entry-level buyers...
- Bought a flat but parking too small and far away? Homebuyer filed case but lost in RERA; here’s whyA homeowner's plea for a better parking spot was dismissed by Punjab RERA. The complainant argued his allotted space was too small and far ...
- NCR housing market shows early signs of slowdown amid weak demandThe real estate scene in the National Capital Region is hitting a rough patch. Demand is tapering off, leading to postponed project launche...
- Model builder-buyer agreement: Buying a home can get easier soon; here’s whyAmong other things, the government has decided to set up a committee to work on a model buyer agreement in order to speed up the home-buyin...
- Don't shirk, create model builder-buyer pact, SC tells Centre"Instead of leaving it to the states, the Centre can frame a national model law. Builders often prepare a bulky sale agreement document wit...
- Two Gurugram builders told to fully refund 5 flat buyersThe national consumer commission has ordered full refund of the amount paid by five flat buyers in a residential project in Gurgaon and has...
- If home buyer opts out, builder must refund most amount: NCDRCThe National Consumer Disputes Redressal Commission said one-year delay in completion of a housing project is reasonable and a buyer cannot...
- Relief for UP builders, home buyers; no penal interest if litigation stalls projectsThe builders will be exempted from shelling out the penal interest and other dues if the housing project is stalled due to litigation, Nati...
- Home buyers can seek higher compensation than what is specified in contract: NCDRCThe commission directed the builder to pay Rs 5 lakh compensation to one Govid Paul of Punjab over and above the refund amount for inordina...
- Notice to Supertech on refund to buyersThe court passed the order on a petition filed by seven flat-buyers seeking a direction to Supertech to refund their money as it had failed...
- Price of flat not relevant in case of claim for refund: Delhi State CommissionThe National Commission stated that value of the flat would have to be added only when the complaint is regarding possession, construction,...
- Home buyers reject Jaypee's offer on flats, want actionThey are claiming that the builder is evading his original commitment as the total delivery will not be completed before 2022.
- No interest to be charged till approval of Master PlanIn good news for flat buyers in Noida extension, no interest will be charged from builders from Oct 21, 2011 till approval of Master Plan.
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