Case Study 1: Ranjeet Kumar, a home buyer in Noida, had filed a case against a builder in the District Consumer Commission. His purchase cost was Rs 40 lakhs and, hence, the case was … READ FULL STORY
Real estate developer Unitech on October 27, 2021, appointed Ashok Kumar Yadav as its chief executive officer (CEO). The decision to appoint Yadav, a retired IAS officer of Haryana Cadre, was taken after a … READ FULL STORY
Prabhat Kumar bought an apartment in Greater Noida West through a trusted property agent. However, following the collapse of a building in Shahberi, which forced the authorities into action, Kumar’s project was found to … READ FULL STORY
The National Consumer Disputes Redressal Commission (NCDRC) has asked Unitech Limited to pay, within six weeks, an amount of Rs 58,41,623 along with a compensation of simple interest at the rate of 10 per … READ FULL STORY
The National Consumer Disputes Redressal Commission (NCDRC) has asked Unitech Ltd to refund Rs 29.5 lakhs to Gurugram resident Manish Daryani, for its failure to give timely possession of an allotted flat and also … READ FULL STORY
Home buyers cannot be made to wait indefinitely for possession of flats booked by them, the apex consumer commission has said, as it asked a private builder to refund the amount paid by its … READ FULL STORY
A Supreme Court bench of chief justice Dipak Misra and justices AM Khanwilkar and DY Chandrachud, on November 13, 2017, asked the directors of Jaiprakash Associates Limited (JAL) to appear before the court on … READ FULL STORY
The Supreme Court, on September 11, 2017, directed the embattled real estate firm Jaypee Associates, to deposit Rs 2,000 crores by October 27, 2017, with its registry and asked the NCLT-appointed interim resolution professional … READ FULL STORY
The National Consumer Disputes Redressal Commission (NCDRC), while awarding a compensation of Rs 50 lakhs to the kin of a man who died after falling into a lift pit, has said that it was … READ FULL STORY
The Supreme Court has upheld the order of the National Consumer Disputes Redressal Commission (NCDRC) that flat buyers can jointly approach it, in case of a dispute with a builder. A bench headed by … READ FULL STORY
Parsvnath Developers Limited has told the Supreme Court that they were in a serious ‘financial difficulty’, as they have suffered losses of around Rs 400 crore last year but they would hand over possession … READ FULL STORY
