The institution of Insolvency proceedings against DHFL will result in Courts to venture out over new dimensions of prospective rights and liabilities of the financial service providers.
Category: Corporate Litigation-All In Way
Builder can’t force Buyer to take possession in case of Delay
NCDRC ordered a Pune based builder – Marvel Omega to refund Rs 8.14 crores along with 10% annual interest to the buyer.
Government Announces RS. 25,000 Crore Relief Fund for Homebuyers
The government has shown grave concern regarding pendency in the real estate sector and announced a government-funded stress fund for unfinished projects.
How to get your Money if the builder has filed appeal against you?
As a aggrieved Homebuyer if builder has filed an appeal against you than don’t feel agitated rather take this opportunity to get the money through the means of RERA Tribunal using Section-43 (5).
Consumer Forums back in the game-orders full refund in case of Delayed Possession
Chandigarh consumer commission coming to the rescue of the homebuyers has been able to restore its faith among homebuyers.
Karnataka HC stays on NCLT order against Flipkart
Flipkart approached the Karnataka High Court for a stay on the CIRP process initiated by the NCLT. Further, the Karnataka High Court stayed the CIRP process.
Having Problem with Builder, Approach RERA
To, start with the most common problem that as homebuyers you might have is delayed possession or no construction in the project.
Recovery of Money in a Speedy Manner
Money matters are a sensitive issue for everyone involved in the business as nobody would want to leave or lose their hard-earned money like that.
Issues faced by homebuyers under Karnataka RERA
As compared to RERA in other states Karnataka RERA has been disappointing since the day it got enacted. Builders and homebuyers both remained unhappy for many reasons.
Remedies Available for Homebuyers in Delayed Projects
As a developing country, India had huge prospects for growth in the real estate sector, seeing this many people invested in the sector in good faith.
In first of its kind, RERA Handovers the Project to Residents
1st of kind order from Hon’ble RERA, which is unique and real justice in real estate history. In the said case, the uncompleted project was handed over to the association to construct it through the pooling of money
Where to file property related issues?
If the builder is delaying in giving possession or not giving the property as per the agreements there are some effective legal remedies for the aggrieved homebuyers under the law.
Quality check are must for RERA Registered projects
The quality certificate as under Form 2A and by this the entire process will become transparent and everyone will be assured of the quality of the projects.
UP-RERA to hand over stuck projects to new developers for carrying out the development works
The UP-RERA Authority has ordered to revoke the registration of these existing developers whose projects have been standing-out for more than one year.
Can a Homebuyer approach RERA, NCLT and Consumer court simultaneously?
The home buyers have multiple forums to their rescue and it depends on them as to under what procures and act or code they wish to proceed.
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