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With the recent order, the way has been unlocked for the government authorities to get the land dues worth Rs 40,000 crore from the defaulters which were pending for years
Homebuyers who booked flats in housing projects in the Noida-Greater Noida property market are worst affected, with over 165,000 flats worth Rs 1.18 trillion currently stalled or significantly delayed
In its last 32 years of operations, the Bengaluru-based Prestige Group has completed 236 real estate projects comprising nearly 125 million sq ft of developable area, mostly in south India
If the builder has defaulted to a lender and the latter wants to take possession of the property, homebuyers should approach debt recovery tribunal for a stay order
The interest of flat buyers is supreme to the Uttar Pradesh government and nobody would be allowed to harm them, the chief minister said after the meeting
Data sourced from real estate broking and advisory firm Anarock shows that out of 240,000 units expected to be delivered in 2017 in NCR, only 62,600 were given for possession
The National Consumer Disputes Redressal Commission asked Unitech to refund Rs 49,21,840 with 10% interest p.a. since it had failed to deliver possession to a buyer even 9 years after delivery date