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Page 4 - Homebuyers

Govt may set threshold for homebuyers to prevent misuse of IBC provision

Corporate Affairs Secretary Injeti Srinivas said the personal insolvency regime would be fully operational in one year

Govt may set threshold for homebuyers to prevent misuse of IBC provision
Updated On : 02 Oct 2019 | 2:26 AM IST

Builders welcome govt's move to revive stalled projects, seek more funds

Measures not enough to encourage buyers, claim real estate players

Builders welcome govt's move to revive stalled projects, seek more funds
Updated On : 14 Sep 2019 | 10:43 PM IST

SC seeks homebuyers, NBCC suggestion on Amrapali unsold inventory

Top court to next hear the matter on October 4, seeks govt suggestion on how GST will be charged

SC seeks homebuyers, NBCC suggestion on Amrapali unsold inventory
Updated On : 12 Sep 2019 | 12:01 AM IST

Buyers beware, you can lose your property if the developer defaults

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

Buyers beware, you can lose your property if the developer defaults
Updated On : 14 Aug 2019 | 4:27 PM IST

Jaiprakash Associates fined Rs 14 cr for 'undesirable industry practices'

Under the Competition Act, complaints filed under a certain section cannot be withdrawn

Jaiprakash Associates fined Rs 14 cr for 'undesirable industry practices'
Updated On : 12 Aug 2019 | 8:12 PM IST

SC upholds homebuyers' status as financial creditors in insolvency law

Apex court asks government to fill vacancies in NCLT, NCLAT and RERA within three months, submit status report

SC upholds homebuyers' status as financial creditors in insolvency law
Updated On : 10 Aug 2019 | 2:20 AM IST

Developers brace for another storm as SC gives relief to homebuyers

According to industry sources, the verdict will make things difficult for a host of developers

Developers brace for another storm as SC gives relief to homebuyers
Updated On : 10 Aug 2019 | 1:33 AM IST

Tale of the treacherous trio: How Amrapali owners diverted homebuyers money

The promoters had diverted over Rs 5,000 crore through bogus methods like loans and advances between group firms at inflated rates and unaccounted transfer of funds to the promoters.

Tale of the treacherous trio: How Amrapali owners diverted homebuyers money
Updated On : 01 Aug 2019 | 10:59 AM IST

Don't fall for under-construction stock, ready-to-move homes a better bet

With banks saddled with NPAs, NBFCs had stepped into the breach

Don't fall for under-construction stock, ready-to-move homes a better bet
Updated On : 31 Jul 2019 | 9:35 PM IST

Home projects hit after NHB asks HFCs to stop financing subvention schemes

Industry sources say there will be an immediate and long-term impact

Home projects hit after NHB asks HFCs to stop financing subvention schemes
Updated On : 24 Jul 2019 | 12:00 AM IST

Number of real estate developers in top 9 cities halved after note ban

Demonetisation, RERA and GST have helped consolidation in the sector

Number of real estate developers in top 9 cities halved after note ban
Updated On : 09 Jul 2019 | 12:18 AM IST

Homeowners in India roll up sleeves to complete their unfinished flats

"We never in our wildest dreams imagined one day we would take on the functions and the role of a developer," said Vazirani, 45, who bought the two-bedroom unit before construction started

Homeowners in India roll up sleeves to complete their unfinished flats
Updated On : 25 Apr 2019 | 9:37 PM IST

Scrutinise builder-buyer agreement before signing it, say experts

Buyers in states where RERA Authority is less effective need to be especially watchful

Scrutinise builder-buyer agreement before signing it, say experts
Updated On : 11 Apr 2019 | 12:56 AM IST

Homebuyers treatment as financial creditor: Builder loans may get costlier

Residential real estate developers will feel the pinch when it comes to funding

Homebuyers treatment as financial creditor: Builder loans may get costlier
Updated On : 25 May 2018 | 7:08 AM IST

Planning to buy a flat? Understand the law of limitation on possession

When possession is delayed, there is a continuing wrong. A buyer would be entitled to approach the consumer forum at any point of time

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Updated On : 15 Feb 2018 | 5:34 AM IST

Harassed homebuyers stop paying EMIs

Experts say move to make matters worse for buyers

Harassed homebuyers stop paying EMIs
Updated On : 18 Sep 2017 | 1:17 AM IST

Interests of homebuyers to be protected: P P Chaudhary

Govt is willing to ease buyers' pain

Interests of homebuyers to be protected: P P Chaudhary
Updated On : 05 Sep 2017 | 12:49 AM IST