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REAL ESTATE REFUND
Wealth wisdom of the day: ‘It takes great deal of boldness and caution to make a great fortune; and when you have got it...’ – Nathan Mayer Rothschild’s famous quote hides a big learningWhile individuals take numerous steps to multiply their wealth to build a notable fortune, little do they plan for what to do next. For som...- 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...
- Builder delayed possession and charged Rs 75 lakh extra on the basis of super area instead of carpet area; homebuyers partly win case in Punjab RERA for delayed possessionHomebuyers in Amritsar received partial victory from Punjab RERA regarding delayed possession. The authority ordered the builder to pay int...
- SC seeks Centre, ED responses on plea alleging Rs 14,000 crore diversion in Noida, Yamuna Expressway housing projectsThe Supreme Court has issued notices to the Centre, Enforcement Directorate, RBI, Uttar Pradesh authorities, and several real estate firms....
- Jaypee Golf Club members in Noida seek clarity as Adani takeover of JAL nearsJaypee Golf Club members face uncertainty as Jaiprakash Associates' insolvency nears conclusion. Members demand clarity from the Resolution...
- 25-year-old earning ₹1L/month asked to take ₹92 lakh loan for parents’ property deal; family expects flat value to soar in 5 years; sparks debt trap concernsA 25-year-old earning ₹1 lakh a month has sparked debate online after revealing how his parents want him to become the primary borrower for...
- Mindspace Business Parks REIT records 7.1 million sq ft leasing in FY26Mindspace REIT achieved significant leasing of over 7.1 million sq ft in 2025-26. The March quarter saw robust income growth and a record d...
- Blackstone-backed Bagmane Prime Office REIT sets IPO price band at Rs 95-100/unitBlackstone-backed Bagmane Prime Office REIT on Wednesday fixed a price band of Rs 95-100 per unit for its Rs 3,405-crore initial public off...
- ReaRCo acquires KV Developers through the insolvency processReaRCo Private Limited has acquired KV Developers, bringing relief to nearly 400 homebuyers in Greater Noida. The company secured Rs 195 cr...
- Don’t miss this! Update your beneficiaries before April 15 to avoid costly mistakesTax season beneficiary update guide USA: As tax season approaches, millions of Americans are reminded to update their beneficiary designati...
- You need more than lifting the corp veilThe National Consumer Disputes Redressal Commission has made a bold move by dissolving the corporate barrier between Ansal Properties and i...
- Mumbai civic body MCGM to deploy AI system to overhaul real estate approvalsMumbai is set to revolutionise real estate approvals with an advanced AI system. This initiative will streamline processes, reduce timeline...
- Court orders builder to return Rs 3 lakh with 9% interest after buyers cancel flat booking due to delayed constructionA Nagpur consumer court ordered a real estate company to refund ₹3 lakh with 9% interest to a couple who cancelled their flat booking. The ...
- Supreme Court empowers home buyers to claim refundsRERA is a buyer-centric law where if a builder fails to deliver a project within the prescribed time frame then the buyer has a right to ca...
- SC orders Emaar MGF Land to refund home buyer's money within four weeksNCLAT ordered the IRP to not issue any public announcement or constitute the committee of creditors until further order. Now, NCLAT will he...
- MahaRERA rules that developer-broker dispute can’t come in way of homebuyer refundMaharashtra RERA directed SSV Developers to refund Rs 65 lakh with interest to home buyer, ruled that the developer cannot cite his dispute...
- Set up portal for refund claims: Supreme Court to AmrapaliIt also directed Amrapali's sister concerns to deposit 10% of the due amount to Noida Authority to get occupancy and no-objection certifica...
- Create portal for Unitech home buyer refunds: Supreme CourtThe need for a website arose as there are around 17,000 investors and it was very difficult to collect details of all the home buyers.
- Haven't yet got possession of the home your builder promised? Here's what you can doThe Modi govt on Monday notified the final rules of the new Real Estate Act that aims to bring transparency and accountability in the secto...
- Refund flat buyers for delivery delaysThe developers will have to refund if they fail to deliver flats to customers within the agreed time frame
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