Excitement is the sentiment that has scored over positivity in the realty sector be it Punjab or Haryana. The mood may not be upbeat businesswise, but there are animated discussions and hectic parleys in official as well as public corridors. Well, the main reason for all this anticipation and perspiration is the new kid on …
NEW DELHI: Forcing homebuyers to pay interest in the range of 18% per annum for delay in payment of instalment while the builders themselves pay a paltry 1.5-2% for delay in project amounts to an unfair trade practice which cannot be enforced, the apex consumer commission has ruled. A bench of National Consumer Disputes Redressal …
Ashwini Kumar Sharma Rera has made progress in four-five states, but has failed to address homebuyers’ concerns in others While many states don’t have a website yet, some of the existing websites are of little help to home buyers Santosh Parashar, 40, chief programme executive at a government think tank, has filed a case against …
Rera’s three-year report card shows gaps in implementation Read More »
Bengaluru: On November 17, more than 100 people gathered at a construction site on Sarjapur Road to stage a silent protest against a well-known builder for delaying the construction of a residential complex where they had booked flats. The 950-house project, launched in 2012, was to be handed over to buyers by June 2016, or …
Home buyers still losers as RERA unable to enforce compliance on Builders Read More »
Over five lakh apartments in Noida, Gurugram and their surrounding pockets are either incomplete or have not been handed over, long after their delivery deadlines got over, government and industry estimates have revealed. t’s by far the worst-ever real estate crisis that’s struck home-buyers in the National Capital Region (NCR). More than five lakh apartments …
Buyers cry as builders fail to give 5 lakh flats Read More »
