When homes are purchased with the help of housing finance institutions, the bank keeps the original property documents – the sale deed/title deed – as collateral. These papers are handed back to the customer … READ FULL STORY
Home buyers in India have multiple platforms where they can register their complaints against developers, in case of any misdemeanour or offence. These include civil courts, consumer courts and the latest dedicated platform, the … READ FULL STORY
To help consumers take informed decisions and to make them aware of their rights and responsibilities, the Mumbai Grahak Panchayat (MGP) was established in 1975. Now, it has become one of India’s largest voluntary … READ FULL STORY
A division bench of the High Court of Delhi (High Court) by judgment dated September 4, 2019 in Messrs M3M India Private Limited & Anr v. Dr Dinesh Sharma & Anr (CM (M) 1244 … READ FULL STORY
The Real Estate (Regulation and Development) Act (RERA) has brought to the fore a growing incidence of consumer dissatisfaction, in dealing with real estate developers and service providers. Delays in project deliveries, cost escalations … READ FULL STORY
Apex consumer commission NCDRC has directed a real estate developer to refund over Rs 4 crore along with interest to its customer, saying complainants cannot be made to wait indefinitely for possession. The National … READ FULL STORY
Owning a home, for an average Indian, is a lifelong dream. There have also been numerous instances, where thousands of aspiring home buyers have suffered, owing to poor financial management on the part of … READ FULL STORY
The Supreme Court, on September 10, 2018, asked a local authority in Uttar Pradesh to deposit Rs 66.82 crores, received from realty firm Unitech Ltd, with its registry, to refund those who have opted … READ FULL STORY
Real estate markets across the major cities are witnessing a new spate of consumer activism, which is more political in its functioning than being consumer-centric. Numerous home buyers’ associations have sprung up, which are … READ FULL STORY
A Supreme Court bench, comprising chief justice JS Khehar and justice DY Chandrachud, said that it will hear a plea of flat buyers of Jaypee Infratech, who feared that they would neither get a … READ FULL STORY
The Real Estate (Regulation and Development) Act (RERA) is now a reality. The central government had already set the rules and now, the state governments are required to follow suit. States are required to … READ FULL STORY
A Supreme Court bench headed by justice Dipak Misra, on February 27, 2017, directed real estate major Unitech, to file the list of cases pending against it before various consumer forums and the amount … READ FULL STORY
