DDA luxury flats scheme turns nightmare for buyers: Allottes complain about shocking construction quality, delayed possessionAllotees of DDA's luxury flat in Dwarka, Sector 19-B have raised concerns about construction quality issues such as uneven construction, ru...
16 Apr, 2024, 12.03 PM IST
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,...
26 Aug, 2023, 01.15 PM IST
10,000 bogus homebuyers to lose Amrapali flatsA bench of Justices U U Lalit and Ajay Rastogi allowed the plea of the court-appointed receiver to treat those unclaimed flats as unsold in...
14 Aug, 2021, 11.12 AM IST
No homes for 5,00,000 homebuyers. What should be done? Jaypee/Suraksha deal brings focus back on lakhs of unfinished flatsTill recently, real estate was largely unregulated, allowing builders to launch projects without any scrutiny. Land purchase wasn’t finance...
28 Jun, 2021, 10.42 AM IST
LIC Housing Finance refers 15 stuck infra projects to AIFIn November last year, the government announced the setting up of a Rs 25,000-crore AIF to provide relief to developers to complete unfinis...
15 Feb, 2020, 07.31 AM IST
Tax queries: No GST on sale of unfinished flat to another home buyerDilip Lakhani, Senior Chartered Accountant, answers queries from our readers on income tax and other levies.
03 Dec, 2019, 12.11 PM IST
No GST on sale of unfinished flat to another buyerLiquid and debt based funds are taxed at the slab rate if redeemed within 3 years. How would I pay STCG?
03 Dec, 2019, 08.12 AM IST
NBCC to deliver flats in two Amrapali projects in JanuaryNBCC also floated tender for completion of work in seven other stuck Amrapali projects, which officials said would bring relief to at least...
26 Nov, 2019, 11.32 AM IST
Lotus home buyers: No transparency, remove insolvency professionalsThough the NCLT will take a final call on the matter on November 25, the removal of the interim resolution professional (IRP) and the autho...
15 Nov, 2019, 12.06 PM IST
UCO Bank starts website for Amrapali home buyers to deposit pending duesTo be able to pay their dues, the buyers would have to fill in details like project name, flat or unit number, registration or application ...
27 Sep, 2019, 11.53 AM IST
Funds can be raised for Amrapali flats: SC-appointed forensic auditorsIn a summary of their report, auditors Pawan Kumar Aggarwal and Ravi Bhatia said Rs 11,524 crore could be recovered under various heads.
05 May, 2019, 10.15 AM IST
Homeowners in India roll up sleeves to complete unfinished flatsHomeowners in India are forced to dedicate untold hours to complete the flats they spent years saving up for.
25 Apr, 2019, 07.21 PM IST
NBCC gets SC’s green signal to complete Amrapali’s 2 Noida projectsA bench of Justices Arun Mishra and U U Lalit asked NBCC to complete two projects— Castle and Eden Park— which were chosen by the company.
26 Jan, 2019, 10.40 AM IST
States which diluted RERA provisions will need to mend rules following HC rulingThe HC has also made it clear that the regulator will have the right to register or not to register a project, if the fresh time-line to co...
08 Dec, 2017, 12.29 PM IST
Flat or refund, your pick: Supreme Court to Unitech buyersThe Supreme Court has assured Unitech home buyers that it will ensure relief according to their choice — getting the money back or allotmen...
02 Sep, 2017, 10.40 AM IST
Don’t ask buyers to pay before July 1, builders warnedVenkaiah Naidu has asked all chief ministers and builders' associations to ensure developers don't charge higher taxes from homebuyers afte...
22 Jun, 2017, 10.36 AM IST
Life savings and hopes of many in Chennai go down with this buildingMan commission hinted that the incident brought out a nexus between the real estate and construction business which was functioning only in...
02 Nov, 2016, 02.48 PM IST