A frustrated home buyer in Bengaluru has approached the National Human Rights Commission (NHRC) after facing multiple issues with a real estate project. The buyer had previously approached the Karnataka Real Estate Regulatory Authority (K-RERA) and receiv
BengaluruReal EstateKreraNhrcHome BuyersReal EstateDec 16, 2024
K-RERA, or the Karnataka Real Estate Regulatory Authority, is a statutory body established to regulate and promote the real estate sector in Karnataka. It ensures transparency, accountability, and consumer protection by addressing grievances and disputes between buyers and developers.
The home buyer approached the National Human Rights Commission (NHRC) after the developer failed to comply with the favorable ruling from K-RERA. The buyer believes that the developer's actions have violated their right to a home and a decent living, which falls under the purview of human rights.
The NHRC has acknowledged the complaint and is currently reviewing the case. The buyer hopes that the commission will take immediate action to ensure compliance with the K-RERA ruling and provide the necessary documents and permissions to the residents.
This case has raised concerns among other property buyers in Bengaluru, making them hesitant to invest in real estate projects due to the fear of similar issues. It highlights the need for stricter regulations and better enforcement mechanisms to protect the rights of home buyers.
The National Human Rights Commission (NHRC) is an autonomous statutory body established to protect and promote human rights in India. It addresses violations of human rights and ensures that individuals are treated fairly and justly.
Postal Realty Trust's president, Jeremy Garber, has sold $140,000 worth of company stock, sparking concerns among investors about the future of the postal real estate market.
Discover how Bandra-Kurla Complex transformed from a wasteland to India's most expensive commercial real estate district, attracting top MNCs and luxury brands.
India's commercial real estate market has witnessed a substantial increase in the average deal size, growing by 10.24% in 2024. Key cities like Hyderabad and Mumbai have seen significant growth, driven by improved infrastructure and economic conditions.
Bhubaneswar: City-based developers are accusing the Odisha Real Estate Regulatory Authority (ORERA) of issuing 'arbitrary' orders, leading to increased concerns and conflicts within the real estate sector.
Sayba Group has unveiled an ambitious redevelopment project in Bandra, boasting approximately 2,25,000 square feet of saleable carpet area, which holds significant real estate potential. This project is set to transform the urban landscape of Bandra West,
Explore the intricate legal framework surrounding property attachment in the execution of court decrees. This article delves into the procedural aspects, legal implications, and protective measures for homeowners.