Real Estate
UP RERA Resolves 76% of Complaints: Addressing Housing Delays and Possession Issues
Uttar Pradesh RERA has successfully resolved 76% of the complaints it received this year, with the majority of issues related to housing project delays and possession problems. The key real estate hubs of Lucknow, Ghaziabad, Gautam Buddha Nagar, Varanasi, and Meerut account for the majority of these complaints.
Real Estate
Karnataka RERA Orders Ozone Infra Developers to Refund Rs. 70.33 Lakhs for Delayed Possession
The Karnataka Real Estate Regulatory Authority (RERA) has directed Ozone Infra Developers to refund Rs. 70.33 Lakhs to a homebuyer for failing to deliver the apartment as per the agreed timeline.
Real Estate Mumbai
Renting Out Property? Beware of Losing Ownership After 12 Years
Tenant occupancy laws in major metropolitan cities like Mumbai and Delhi can result in tenants claiming ownership after 12 years of continuous occupancy. Here’s what property owners need to know.
Real Estate
Complainants Receive Compensation for 10-Year Delay in Flat Possession
The complainants have finally secured compensation from M/s Ansal Phalak Infrastructure Pvt Ltd for a significant delay in the possession of their flats. This case highlights the importance of accountability in the real estate sector.
Real Estate
Karnataka RERA Holds Real Estate Developer Accountable for Delayed Possession
The Karnataka Real Estate Regulatory Authority (KRERA) has issued a ruling against Bengaluru-based real estate developer Shriram Properties, mandating them to pay ₹12.7 lakh as compensation for delayed possession.
Real Estate
Understanding Part Occupancy Certificates in Real Estate: A Legal Perspective
In the realm of Indian real estate, the issuance of a Part Occupancy Certificate (POC) often sparks legal debates. This article delves into the legal nuances and implications of POCs, particularly focusing on whether they can be considered as delivery of
Real Estate Maharashtra
MahaRERA Tribunal Sentences Neptune Ventures Promoters for Delayed Possession
The Maharashtra Real Estate Appellate (MahaRERA) Tribunal has sentenced the three promoters of Neptune Ventures and Developers to three months of civil imprisonment for failing to comply with its 2021 orders to pay interest for delayed possession to a Low
Real Estate Mumbai
MHADA Flats: Maintenance and Property Taxes Only from Possession Date
Mumbai: MHADA buyers will now only have to pay maintenance and property taxes from the date of possession, ensuring fairness and reducing financial burden.
Real Estate Maharashtra
Son's Triumph: Legal Battle for Property Possession Ends with Rs 37 Lakh Interest Award
A homebuyer from Panvel, Mumbai, fought tirelessly for the possession of a flat, for which 97% of the payment was made to the builder years ago. Tragically, the homebuyer passed away before seeing the end of the legal battle. However, his son continued th
Real Estate
Supreme Court Ruling: Part Occupancy Certificate Does Not Equate to Possession Delivery
The Supreme Court of India has made a landmark ruling in the case of Venkataraman Krishnamurthy & Or. v. Lodha Crown Buildmart Pvt. Ltd., clarifying that a Part Occupancy Certificate does not constitute the delivery of possession to the buyer. This decisi
Real Estate Maharashtra
Haryana Real Estate Digest: November 2024
Haryana Real Estate Regulatory Authority (Haryana RERA) orders Raheja Developers to pay interest to a homebuyer for delayed possession.
Real Estate
Karnataka RERA Orders Ozone Realtors to Address Delayed Possession and Pre-EMI Issues
The Karnataka Real Estate Regulatory Authority (KARNATAKA RERA) has issued a directive to Ozone Realtors Private Limited to resolve issues related to delayed possession and the failure to pay pre-EMI charges for a housing project in the state.
Real Estate
Karnataka RERA Finds Krishna E Campus Private Limited Liable for Delayed Possession
The Karnataka Real Estate Regulatory Authority (RERA) bench, comprising GR Reddy (Member), has issued a directive against Krishna E Campus Private Limited (KECPL) for failing to deliver possession of the flats on the promised timeline.
Real Estate Maharashtra
Diwali 2024: Pune Real Estate Developers Roll Out Festive Deals Post-Covid-19
Pune real estate developers are making the most of the festive season by offering a range of attractive deals, including zero stamp duty and no-EMI until possession, for the first time since the pandemic.
Real Estate Pune
Diwali 2024: Pune Real Estate Developers Unveil Festive Deals Post-Covid
This Diwali 2024, Pune real estate developers are rolling out a range of festive offers, including zero stamp duty and flexible financial plans, marking the first such initiatives since the pandemic.
Real Estate Maharashtra
Maharashtra Real Estate Appellate Tribunal Orders Sunteck Realty to Pay Rs. 21 Lakhs to Homebuyer for Delayed Possession
The Maharashtra Real Estate Appellate Tribunal has directed Sunteck Realty Limited to pay Rs. 21 lakhs to a homebuyer as interest for delayed possession of a flat in Mumbai.
Real Estate Mumbai
Inside Virat Kohli's Luxurious World: From Opulent Mansions to Swanky Cars
Virat Kohli's net worth exceeds Rs 1,000 crore, and his lifestyle is a reflection of his wealth. From luxurious mansions to high-end cars, here's a glimpse into his extravagant possessions.
Real Estate Pune
Pune Builder Ordered to Pay Interest for Delay in Handing Over Flat
A Pune builder has been ordered to pay interest to a buyer for delaying the handover of a flat. The Maharashtra Real Estate Regulatory Authority (MahaRERA) has ruled in favor of the buyer, who had booked a flat in a project in Pune.
real estate news
RERA Cases Weekly Roundup: August 5 to August 11, 2024
RERA directs builders to pay interest to homebuyers for delayed possession, refund amounts paid, and imposes penalties for selling unregistered projects.
Real Estate Maharashtra
MahaRERA Directs Builder to Pay Interest to Homebuyer for Delayed Possession of Gokul Silvermist Flats
Maharashtra Real Estate Regulatory Authority (MahaRERA) has ordered M/s Heena Builders & Developers to pay interest to a homebuyer for the delay in handing over possession of three flats in Gokul Silvermist, Santacruz (West).