Homebuying is a special milestone in most people’s lives, and it comes with many financial considerations, as a buyer invests a significant amount of money. The process begins with the buyer’s house-hunting journey and … READ FULL STORY
In real estate contracts, where large investments and long project timelines are involved, unforeseen disruptions can have serious consequences. Events like natural disasters, government bans or pandemics can stall construction, delay possession and affect … READ FULL STORY
Constructing a home represents one of the most substantial financial commitments for many individuals. Ensuring that your builder is reliable, competent and trustworthy is crucial to achieving the desired outcome. Due diligence in selecting … READ FULL STORY
A simple, model buyer agreement could help to streamline the homebuying process and protect consumers from potential abuses, says consumer affairs department secretary Rohit Kumar Singh. “This agreement could help to reduce disputes between … READ FULL STORY
Many times, the value of an under-construction property changes between the time of signing the builder-buyer agreement and the time of sale deed registry. So, how does it affect buyers? Buyers will have … READ FULL STORY
Today, there are a lot of distressed properties in the market, where mergers and/or takeovers are happening. While it makes sound business sense for the builders of stressed assets, as well as the party … READ FULL STORY
A common concern of home buyers pertains to one-sided builder-buyer agreements that are drafted primarily to safeguard the interests of the developers. Using their dominant position in the transaction, developers often insert clauses in … READ FULL STORY
