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Flat Possession: Flat Possession Delayed For 14 Yrs: Lit To Pay ₹1l | Ludhiana News

Ludhiana: The district consumer disputes redressal commission has directed Ludhiana Improvement Trust (LIT) to pay Rs 1 lakh to a complainant for fail. ....

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Delayed possession: Can homebuyers claim interest if date of possession not mentioned in agreement?

Homebuyers are eligible for refund with interest under section 18 of the Real Estate Regulatory Act (RERA) 2016, in case of delayed possession. ....

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Karnataka RERA Grants Homebuyer Permission To Withdraw From Project Due To Delayed Possession

Karnataka Real Estate Regulatory Authority (KRERA/Authority) bench, comprising Justice Neelmani N Raju (Member), has granted the Homebuyer right to withdraw from the real estate project following. ....

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MahaREAT Orders Builder To Compensate For Delayed Possession, Rejecting The Builder's Contention Of Late Issuance Of The NOC.

Maharashtra Real Estate Appellate Tribunal (MahaREAT or Tribunal) bench, comprising of Justice Shri Shriram R. Jagtap (Judicial Member) and Dr. K. Shivaji (Technical Member), has ordered the builder. ....

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SC orders Lodha to refund Rs 2.25 cr to homebuyer with interest over delivery delay

The Supreme Court also set aside the National Consumer Disputes Redressal Commission (NCDRC) order dated November 9, 2022 and directed the developer to refund the deposited amount of Rs 2.25 crore in 12 months with simple interest thereon at 12 % per annum. ....

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