Government data reveals that more than 50,000 real estate-related cases are currently pending in consumer courts. Here's what you need to know.
HousingReal EstateConsumer CourtsConsumer ComplaintConsumer ProtectionReal Estate NewsAug 12, 2024
According to government data, more than 50,000 real estate-related cases are currently pending in consumer courts.
The Consumer Protection Act, 2019 establishes a three-tier quasi-judicial system at district, state, and central levels, known as 'Consumer Commissions,' to safeguard consumer rights and provide prompt redressal of disputes.
Consumers can register complaints online through the e-Daakhil portal, available in 35 states and UTs.
The Ministry of Consumer Affairs, Food and Public Distribution is responsible for implementing the Consumer Protection Act, 2019 and promoting a fair and competitive market.
The consumer courts are responsible for resolving disputes between consumers and businesses and have the power to award compensation and impose penalties on businesses that violate consumer rights.
Dubai South has witnessed a significant surge in residential property transactions, with a remarkable 11% growth, making it an attractive destination for real estate investment.
The Union Budget 2024-25 has announced several measures to boost India's real estate industry, including affordable housing, urban development, and infrastructure growth.
In a strategic move, Shapoorji Pallonji Real Estate (SPRE) has joined forces with Kanodia to launch a ₹1,200 crore luxury housing project in Gurugram. This marks the company's second venture in the city, further cementing its position in the real estate m
Mumbai's air quality has plummeted, prompting the Brihanmumbai Municipal Corporation (BMC) to implement GRAP-IV measures, which include halting construction activities in affected areas.
Bollywood actress Sonakshi Sinha has joined the ranks of other celebrities selling their properties in Mumbai. She recently sold her Bandra apartment for a whopping Rs. 22.50 crore, marking a significant appreciation from her original purchase price.
MMRDA is making significant progress on the ₹1,100 crore elevated corridor project that will connect the Mumbai Trans Harbour Link (MTHL) and the Mumbai-Pune expressway, enhancing regional connectivity and reducing travel time.