Homebuyers
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Homebuyers Can Claim Delay Compensation Even After Possession: Supreme Court
The top court observed that a claim for compensation for delayed possession necessarily arises from the period prior to the actual delivery of possession.
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Your Home Is Stuck. Your EMI Isn't. How To Deal With Delayed Possession
Delayed possession is no longer just a construction problem. It has become a financial, legal and trust issue that affects both buyers and developers.
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Realty Firm Accused Of Rs 2,024 Crore Fraud Raided, Rs 6 Crore Cash Seized
The Enforcement Directorate (ED) seized cash worth Rs 6.3 crore, jewellery worth Rs 7.5 crore, along with silver bullion and luxury watches.
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PF Rules Changed: Buy Your First Home Faster With 90% Withdrawal Access
New EPF withdrawal rules allow members to use 90% of their PF savings for buying a home after just 3 years of membership, offering a major relief for first-time homebuyers.
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"You Are Responsible": Top Court Raps Greater Noida Authority Over Homebuyers' Plight
The Supreme Court on Tuesday asked the Greater Noida Industrial Development Authority to submit a proposal for grievance redressal and imposed Rs 5 lakh cost on it for failing to file a timely response.
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"Buyers Defrauded By Builders, Need For Uniformity Now": Supreme Court
Homebuyers in the country are being defrauded, necessitating the need to bring uniformity in builder-buyer agreements, the Supreme Court observed on Monday.
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4 Arrested For Cheating Over 150 Homebuyers Of Rs 3.75 Crore In Maharashtra
Police have arrested four persons, including a woman, for allegedly cheating more than 150 homebuyers to the tune of Rs 3.75 crore across three districts of Maharashtra, including Mumbai.
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Unitech Homebuyers Who Are Senior Citizens Get A Chance To Seek Refund
The Supreme Court on Wednesday gave an opportunity to the Unitech homebuyers who are senior citizens above 75 years of age, fixed deposit holders, and persons in urgent medical need to seek a refund of the amount deposited for their flats.
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2 Arrested For Cheating Homebuyers Of Rs 4.60 Crore In Delhi: Police
Two persons were arrested by the Economic Offences Wing of the Delhi Police for allegedly duping 45 homebuyers to the tune of Rs 4.60 crores under the garb of the Land Pooling Policy of DDA, informed Special Commissioner of Police DC Shrivastav.
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High Court Asks Supertech To Pay Rs 40 Lakh To Homebuyer By October End
Delhi High Court asked realtor Supertech to pay Rs 40 lakh by the end of October to a home buyer, who has filed a complaint about the delay in giving possession of a villa in Yamuna Expressway Industrial Development Area
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Interest Of Home-Buyers Supreme: Yogi Adityanath At RERA Conclave
Uttar Pradesh Chief Minister Yogi Adityanath on Monday said safeguarding the interest of those who give their entire live's earnings to builders in the hope of having their own home is of paramount importance to him.
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As Real Estate Firms Go Bust, Supreme Court Upholds Homebuyers' Rights
The Supreme Court upheld the ability of homebuyers to drag property developers into bankruptcy proceedings as several real estate firms are going bust in Asia's third-largest economy.
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Nearly 1 Lakh Homebuyers In Legal Quagmire To Get Their Flats
Nearly 1 lakh homebuyers find themselves in a legal quagmire as the flats they booked years back in Delhi NCR are nowhere near completion by the three prominent builders - Amrapali, Unitech and Jaypee.
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Still Waiting For Your Flat Possession? This New Rule Can Help
The Insolvency and Bankruptcy Board of India (IBBI), which is implementing the Code, has amended the regulations whereby claims can be made by creditors other than financial and operational creditors.
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Homebuyers' Protest In Noida Blocks Traffic, Kills 7-Year-Old In Ambulance
A seven-year-old boy on his way to hospital died after the ambulance he was in got stuck in a blockade in Noida, near Delhi. Luv Kush was suffering from high fever and was on way to Delhi's premier All India Institute of Medical Sciences. But on his way AIIMS from his home in Firozabad, Uttar Pradesh, the ambulance got caught in a 10-km jam trigger...
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Homebuyers Can Claim Delay Compensation Even After Possession: Supreme Court
The top court observed that a claim for compensation for delayed possession necessarily arises from the period prior to the actual delivery of possession.
-
Your Home Is Stuck. Your EMI Isn't. How To Deal With Delayed Possession
Delayed possession is no longer just a construction problem. It has become a financial, legal and trust issue that affects both buyers and developers.
-
Realty Firm Accused Of Rs 2,024 Crore Fraud Raided, Rs 6 Crore Cash Seized
The Enforcement Directorate (ED) seized cash worth Rs 6.3 crore, jewellery worth Rs 7.5 crore, along with silver bullion and luxury watches.
-
PF Rules Changed: Buy Your First Home Faster With 90% Withdrawal Access
New EPF withdrawal rules allow members to use 90% of their PF savings for buying a home after just 3 years of membership, offering a major relief for first-time homebuyers.
-
"You Are Responsible": Top Court Raps Greater Noida Authority Over Homebuyers' Plight
The Supreme Court on Tuesday asked the Greater Noida Industrial Development Authority to submit a proposal for grievance redressal and imposed Rs 5 lakh cost on it for failing to file a timely response.
-
"Buyers Defrauded By Builders, Need For Uniformity Now": Supreme Court
Homebuyers in the country are being defrauded, necessitating the need to bring uniformity in builder-buyer agreements, the Supreme Court observed on Monday.
-
4 Arrested For Cheating Over 150 Homebuyers Of Rs 3.75 Crore In Maharashtra
Police have arrested four persons, including a woman, for allegedly cheating more than 150 homebuyers to the tune of Rs 3.75 crore across three districts of Maharashtra, including Mumbai.
-
Unitech Homebuyers Who Are Senior Citizens Get A Chance To Seek Refund
The Supreme Court on Wednesday gave an opportunity to the Unitech homebuyers who are senior citizens above 75 years of age, fixed deposit holders, and persons in urgent medical need to seek a refund of the amount deposited for their flats.
-
2 Arrested For Cheating Homebuyers Of Rs 4.60 Crore In Delhi: Police
Two persons were arrested by the Economic Offences Wing of the Delhi Police for allegedly duping 45 homebuyers to the tune of Rs 4.60 crores under the garb of the Land Pooling Policy of DDA, informed Special Commissioner of Police DC Shrivastav.
-
High Court Asks Supertech To Pay Rs 40 Lakh To Homebuyer By October End
Delhi High Court asked realtor Supertech to pay Rs 40 lakh by the end of October to a home buyer, who has filed a complaint about the delay in giving possession of a villa in Yamuna Expressway Industrial Development Area
-
Interest Of Home-Buyers Supreme: Yogi Adityanath At RERA Conclave
Uttar Pradesh Chief Minister Yogi Adityanath on Monday said safeguarding the interest of those who give their entire live's earnings to builders in the hope of having their own home is of paramount importance to him.
-
As Real Estate Firms Go Bust, Supreme Court Upholds Homebuyers' Rights
The Supreme Court upheld the ability of homebuyers to drag property developers into bankruptcy proceedings as several real estate firms are going bust in Asia's third-largest economy.
-
Nearly 1 Lakh Homebuyers In Legal Quagmire To Get Their Flats
Nearly 1 lakh homebuyers find themselves in a legal quagmire as the flats they booked years back in Delhi NCR are nowhere near completion by the three prominent builders - Amrapali, Unitech and Jaypee.
-
Still Waiting For Your Flat Possession? This New Rule Can Help
The Insolvency and Bankruptcy Board of India (IBBI), which is implementing the Code, has amended the regulations whereby claims can be made by creditors other than financial and operational creditors.
-
Homebuyers' Protest In Noida Blocks Traffic, Kills 7-Year-Old In Ambulance
A seven-year-old boy on his way to hospital died after the ambulance he was in got stuck in a blockade in Noida, near Delhi. Luv Kush was suffering from high fever and was on way to Delhi's premier All India Institute of Medical Sciences. But on his way AIIMS from his home in Firozabad, Uttar Pradesh, the ambulance got caught in a 10-km jam trigger...
