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Tag Archive for "relief-to-the-home-buyers" -

CentrikBlogsRelief to the Home buyers

Tag: Relief to the Home buyers

WORKING REPORT OF RERA AFTER ITS ENACTMENT

Posted by Adv_AnujPosted on March 27, 2022March 28, 20220 CommentsCategories Authentic Legal Advice, Corporate Litigation-All In Way, Registration And Compliance, RERA ConsultingTags Builder-Buyer Agreements, delays in possession, IBC under RERA, Insolvency and Bankruptcy Code, issues between the Home Buyers and Builders, registered under RERA, Relief to the Home buyers, RERA under IBC, signing the builder-buyer agreement

In the past five years of RERA, it has been successful to tackle the issues between the Home Buyers and Builders or Developers and providing transparency into the real-estate projects.

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Karnataka High Court orders for interim stay on the recovery of EMI from Homebuyers

Posted by AdminPosted on November 25, 2021November 25, 20210 CommentsCategories Authentic Legal Advice, Corporate Litigation-All In Way, Registration And Compliance, RERA ConsultingTags Banks harassing the homebuyers, CIBIL score of the buyers, EMI under the Subvention Scheme, Homebuyers harassed by the Banks for recovery of Loan, Homebuyers harassed by the builders, Liability under Subvention Scheme, recovery of EMI from Homebuyer, Relief for homebuyers from Loan Recovery, Relief to the Home buyers, Stay on the Recovery of EMI From Homebuyers by the Karnataka High Court, Subvention Scheme against the Builder, Writ Petition filed by the Homebuyers

The Karnataka High Court on 16.11.2021, allowed a deferment of all loan repayments, and directed the bank not to recovery the home loan and refrain from take any coercive action.

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How to handle legal notice for auction of the Real Estate Project

Posted by AdminPosted on September 30, 2020October 1, 20200 CommentsCategories Authentic Legal Advice, Corporate Litigation-All In Way, RERA ConsultingTags Applications from Homebuyers, Auction Notice in respect of Real Estate Projects, CIRP against the defaulting Real Estate Developer, Complaint against Bank under RERA, Homebuyer file a complaint against a bank under RERA, Interests of the Home Buyers, Issue an Auction Notice, Recovering EMIs from the Homebuyers, Relief for Homebuyers against the banks, Relief to the Home buyers, Remedies for Aggrieved Homebuyers, Stalled Real Estate Projects, Writ Petition before a High Court

The banks have started issuing an auction notice in respect of real estate projects where the builder has defaulted by not completing the construction of the project. Here we are sharing some remedies for the aggrieved homebuyers.

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Last Mile Funding- Government bringing relief to the Home buyers

Posted by Priyanshi JaiswalPosted on March 30, 2020March 31, 20200 CommentsCategories RERA ConsultingTags aggrieved homebuyers based in Bengaluru and Mumbai, incomplete projects across India, last-mile funding of Real estate Projects, Last-Mile Funding to boost housing, last-mile funding will help homebuyers, Meaning of Last-Mile Funding, Relief to the Home buyers, what is Last-Mile Funding

The Government cleared the last mile funding for 2 stuck housing projects with over Rs. 540 crore capital commitment. That will provide relief to over 1,800 troubled homebuyers based in Bengaluru and Mumbai.

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