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Karnataka Real Estate Developers Owe Homebuyers Nearly ₹667 Crore in Refunds

Real Estate

Karnataka Real Estate Developers Owe Homebuyers Nearly ₹667 Crore in Refunds

The Karnataka Real Estate Regulatory Authority (KRERA) has managed to recover only ₹92 crore out of the total ₹667 crore owed by real estate developers to homebuyers in the state. Homebuyers are increasingly frustrated by the delays and financial struggle

January 20, 2025
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MahaREAT: Builders Cannot Seize Homebuyer's Funds Without Proving Loss

Real Estate Maharashtra

MahaREAT: Builders Cannot Seize Homebuyer's Funds Without Proving Loss

The Maharashtra Real Estate Appellate Tribunal has ruled that builders cannot forfeit homebuyer's money without establishing a genuine loss due to cancellation.

October 6, 2024
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Maharashtra Tribunal Orders Developer to Refund ₹13.5L Booking Fee with Interest

real estate news

Maharashtra Tribunal Orders Developer to Refund ₹13.5L Booking Fee with Interest

Maharashtra Real Estate Appellate Tribunal orders developer to refund ₹13.5L booking fee with interest

October 2, 2024
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Developer Ordered to Refund Booking Amount with Interest to Flat Allottees

Real Estate Maharashtra

Developer Ordered to Refund Booking Amount with Interest to Flat Allottees

Maharashtra Real Estate Appellate Tribunal directs developer to refund Rs 13.5 lakh booking fee with interest to flat allottees after cancellation of booking.

October 2, 2024
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MahaRERA Orders Homebuyer to Pay Rs. 1.18 Crore to Transcon Developers

Real Estate Maharashtra

MahaRERA Orders Homebuyer to Pay Rs. 1.18 Crore to Transcon Developers

Maharashtra Real Estate Regulatory Authority directs homebuyer to pay due amount with interest to Transcon Developers Private Limited

September 13, 2024
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MahaREAT Orders Builder to Refund ₹4.5 Lakh to Homebuyer, Sets Aside MahaRERA's Dismissal of Complaint

real estate news

MahaREAT Orders Builder to Refund ₹4.5 Lakh to Homebuyer, Sets Aside MahaRERA's Dismissal of Complaint

Maharashtra Real Estate Appellate Tribunal (MahaREAT) has set aside the dismissal of a homebuyer's complaint by MahaRERA and directed the builder to refund ₹4.5 lakh received for the issuance of No Objection Certificate (NOC) for transfer of the flat to a

September 9, 2024
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