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REAL ESTATE VIOLATIONS
Sebi bans Omaxe, 5 others for violating minimum public shareholding normsThe Securities and Exchange Board of India (Sebi) has taken decisive action against Omaxe and five associated entities for breaching public...- Can you earn rental income by letting out your flat on Airbnb for homestay? What homeowners need to know as similar case sparks protests in a Ghaziabad housing societyIf someone is found running a homestay or Airbnb-like service in your society, what can you do? Legally, the society’s first step should be...
- Washington couple spends nearly $300,000 trying to build a home on their 66-acre family land, but now claims they are being asked to surrender 44.2 acresIn Washington, a determined couple grapples with a myriad of regulatory hurdles and hefty expenses while trying to build their dream home. ...
- In 1918, a Washington clerk spent $24 on 100 stamps during his lunch break. Every plane was upside down, one later sold for $2 millionA Washington clerk bought a sheet of stamps with an upside-down airplane design. This rare error, the Inverted Jenny, was later sold for a ...
- Why housing is becoming a major political headache for South Korea's Lee Jae-myungPresident Lee Jae-myung's approval rating has reached a new low point. Housing policy and recent cabinet appointments are driving public di...
- 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 ...
- 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...
- 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...
- F&B regulatory crackdown sends celebrities into endorsement rethinkSeveral celebrities and influencers have stopped endorsing food and beverage brands. This action follows increased regulatory oversight and...
- Apartment owners can't stop residents of another housing society from using common amenities if sale deed allows it, rules Karnataka HCApartment owners have no exclusive rights over common amenities if they signed sale deed containing a clause giving consent to sharing them...
- 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...
- Toll Brothers sued: Michigan woman claims luxury housing project could block access to her land, harm environmentA Michigan woman is suing Toll Brothers over a luxury housing development. She claims the project will block her property access and harm t...
- Trump administration opens investigation into Harvard's financial aid for international studentsThe Justice Department is investigating Harvard University's financial aid programs. Concerns exist about scholarships funded by Chinese do...
- CCI junks separate cases against Jio and DIAL for alleged violations of antitrust rulesThe Competition Commission of India dismissed a complaint against Reliance Jio and over 4,500 entities. No evidence of cartelisation or mar...
- RERA imposes Rs 5 crore penalty on Vatika LtdThe Real Estate Regulatory Authority (RERA), Gurugram, has fined Vatika Limited Rs 5 crore for breaching Section 3 (1) of the Real Estate (...
- Haryana RERA advises buyer to not invest in projects without RERA registration"If any person is facilitating sale purchase in unregistered projects through advertisement or by any other means that is a violation of th...
- Gujarat RERA imposes Rs 50 lakh penalty on Mumbai-based developer for non-complianceThe developer, Siddhi Vinayak Enterprise, had marketed a project Windward Business Park in Vadodara and received bookings for the same with...
- MahaRERA fines Piramal Realty for violation of rulesThe advertisement also did not carry the project’s registration number on first page, while the second page carried the same in “very small...
- Black money: Snoop agencies report real estate as top violatorEconomic intelligence agencies have informed the FinMin that a major chunk of illegal funds & black money is being generated & routed in th...
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