The Mumbai Suburban Additional District Consumer Disposit Redressal Commission has issued a stern warning to Chembur-based real estate firm M/s Eveready Builders, ordering them to handover peaceful possession to the buyers of their properties.
MumbaiReal EstateConsumer ProtectionChemburEveready BuildersReal Estate MumbaiDec 12, 2024
The Mumbai Suburban Additional District Consumer Dispute Redressal Commission is a consumer protection body in Mumbai that handles cases related to consumer rights and disputes between consumers and businesses.
M/s Eveready Builders is a well-known real estate developer based in Chembur, Mumbai, with a long history of delivering residential and commercial projects in the region.
The commission ordered M/s Eveready Builders to hand over peaceful possession of the properties to the buyers and to compensate them for the delays and inconvenience caused.
The buyers approached the commission because M/s Eveready Builders had failed to deliver the flats as promised, despite the buyers making the required payments.
This ruling sets a precedent for other developers in the region, urging them to honor their commitments and treat consumers with fairness and transparency. It highlights the importance of consumer protection and accountability in the real estate market.
Two separate accidents on Wednesday claimed the lives of a 48-year-old real estate agent and a 26-year-old private firm employee in Bengaluru.
Overview of Dubai's Real Estate Sector, Construction Progress, Market Dynamics, Property Values, and Investment Insights
The iconic Bachchan family has made a significant real estate investment, purchasing properties worth Rs 24.95 crore in Mulund West, Mumbai. This move showcases their continued interest in luxury living and strategic investments.
Navi Mumbai: SRA Projects Revolutionise Real Estate
PropertyShare, a leading provider of fractional ownership in commercial real estate in India, has launched Alt, a platform offering individual investors access to alternative assets. The platform includes high-yield securitised real estate, private UK war
The Maharashtra Budget 2025-26 includes significant initiatives to boost housing and real estate development in Pune, with a focus on improving transit-oriented development and enhancing real estate corridors.