NCDRC allows homebuyer complete refund for delayed handover despite having possession offer
Refuting the claims of the developer that when possession is offered
Source: moneycontrol.com
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Karnataka HC tells state to recover stuck homebuyers' money within 4 months
Homebuyers in projects delayed by up to four years in Bengaluru are waiting for their money to be recovered by the state under the orders of the Karnataka RERA. Experts say they have identified the critical problem and are advising the government on faster recoveries.
Source: moneycontrol.com
Can homebuyers claim compensation for delayed projects after taking possession?
Delayed possession: MahaRERA has said that a complaint for delayed handing over by the developer can attract provisions of Section 18 of the RERA Act (compensation) only if the delay is ongoing at the time of filing the complaint.
Source: moneycontrol.com
Hiranandani Group ventures into real estate consultancy services
Eleva, the company’s new division, will also focus on stalled or stuck real estate projects and provide development, construction, design, marketing, and sales-oriented solutions to real estate companies.
Source: moneycontrol.com
Redevelopment: MHADA to issue notices to 68 dilapidated buildings of LIC in South Mumbai
LIC, the landlord of these old, dilapidated buildings, would be given six months for redevelopment, MHADA said
Source: moneycontrol.com