NCDRC Orders Rs 33 Crore Refund to Flat Buyers for Developer’s Breach
By Staff Reporter In a significant move, the NCDRC (National Consumer Disputes Redressal Commission) has mandated a hefty refund of…
Search Results for: Act, 2016
KRERA Upholds Homebuyers’ Right to Compensation for Construction Delays
In a significant ruling, the Karnataka Real Estate Regulatory Authority (KRERA) has reinforced the rights of homebuyers, asserting that they…
Can unsigned Draft Agreement for Sale is binding on parties?
By Legal Cell. Yes, it is affirmative . Maha RERA Appellate Tribunal have opined that even when Draft Agreement for…
K-RERA Launches Revamped Website for Accurate Information on Real Estate Projects in Kerala
By Staff Reporter The Kerala Real Estate Regulatory Authority (K-RERA) has unveiled its newly revamped website, https://rera.kerala.gov.in, aimed at providing…
Respondents Ordered to Comply with MahaRERA Orders or Pay Penalty
This is the brief of a common order for 3 separate complaints, namely, [Sr.no.1] Mr. Parag Mangaldas Khatri and Mrs.…
Refund with Interest Possible only when Agreement Signed
In the matter of Atull Phull vs. M/s. Rajsanket Realty Ltd. and ICICI Bank Ltd (ComplaintNo. CC006000000195868), the complainant has…
Editorial: Is Indian Real Estate Following the Trend of China Real Estate’s Downfall?
By Dr. Sanjay Chaturvedi, Editor Housing Finance borrowers have started refusing to pay EMI on home loan taken in China.…
Supreme Court order: NCLT cannot coerce allottees into settlements
By Fiona Mehta The Hon’ble Supreme Court’s recent decision in E. S. Krishnamurthy & Others v. Bharath Hi Tech…
MahaRERA: Pay penalty in 2 months, or amount will double every month
By Fiona Mehta In a landmark judgment, the MahaRERA ordered a developer to pay a penalty, the violation of…
NCLAT Delhi: Even after becoming a citizen of a foreign country, a personal guarantor is still liable.
By Fiona Mehta In ruling on an appeal in Sudip Dutta v. State Bank of India, the National Company…