Home-buyers Get Priority over Banks in Case of Builder Defaults, Rules SC
In a significant order giving relief to lakhs of home-buyers, the Supreme Court (SC) has ruled that the interest of home buyers is more important...
MAS Team | 18 February 2022
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Failure of builder to obtain occupation certificate is deficiency in service under Consumer Protection Act: SC
A Supreme Court bench of Justices D Y Chandrachud and A S Bopanna has ruled that the failure of a builder to obtain occupation certificate is a...
MAS Team | 13 January 2022
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RERA: Builders Can Deduct from Deposited Amount if Buyer Opts Out for No Reason
Haryana Real Estate Regulatory Authority (Haryana RERA) in a recent order has said that the builders are entitled to deduct or forfeit the deposited...
MAS Team | 06 August 2021
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Govt Increases Differential between Circle Rate and Ready Reckoner to Help Developers
In a major boost to the residential real estate sector, the government has provided tax relief to both homebuyers and realty developers by increasing...
MAS Team | 13 November 2020
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Builders can now Face Multiple Convictions for same Case: HC
The Delhi High Court in a landmark verdict ended the current practice of the Delhi Police to lodge a single FIR in case of cheating of a large number...
MAS Team | 24 July 2019
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Refund Rs53 lakh to two Home Buyers, NCDRC asks Unitech
The National Consumer Disputes Redressal Commission has asked real estate firm Unitech to refund within three months Rs 53,73,561 to Gurgaon...
MAS Team | 07 June 2019
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National Consumer Disputes Redressal Commission directs Greater Noida builder to give refunds to buyers
NCDRC has asked the real estate company from Greater Noida to issue refunds to the buyers on failure to construct the homes at its site since launch
MAS Team | 06 June 2019
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UP-RERA plans to adopt projects left midway by developers
Uttar Pradesh Real Estate Regulatory Authority (UP-Rera) has resolved to adopt projects that have been abandoned by builders’ midway and whose...
MAS Team | 10 May 2019
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Jaypee homebuyers can sue Jaiprakash Associates after SC order
The Supreme Court has declined to stay the apex consumer commission's order, which held that homebuyers in Jaypee Infratech Ltd (JIL) can move the...
MAS Team | 19 April 2019
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Homebuyer Alleges Cheating by Omaxe Group, files FIR
An FIR has been lodged against two officials of Omaxe Limited and six officials of its sister concern Omaxe Build Homes for allegedly cheating a...
MAS Team | 02 April 2019
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Refund Payment to Homebuyer, order SC after Long Delay in Possession
The Supreme Court has upheld orders of a state consumer commission and the national commission to refund payment with interest to a homebuyer for...
MAS Team | 02 April 2019
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SC admits home buyers’ plea to repeal West Bengal’s HIRA
The Supreme Court has issued a notice to West Bengal government and the Government of India
MAS Team | 15 February 2019
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Builders to get second chance if buyers agree
The Maharashtra Real Estate Regulatory Authority has decided to give developers a second chance to complete delayed projects after the usual...
MAS Team | 15 February 2019
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Builder fails to hand over flat
The EOW arrested the builder Dipesh Bhagtani in the case under Maharashtra Flat Ownership Act (MOFA), after he failed to hand over a flat to a buyer...
MAS Team | 15 February 2019
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MahaRERA refuses to entertain ‘economic slowdown’ argument from Neelkamal Realtors
The Maharashtra Real Estate Regulatory Authority has refused to entertain realty developer Neelkamal Realtors’ argument of general economic...
MAS Team | 03 January 2019
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Property tax defaulters to be punished as Noida authority plans to 'shame' them
Going tough against property tax and power bill defaulters, the authorities have adopted a unique method to recover dues
MAS Team | 14 September 2018
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NCDRC asks Unitech to refund Rs58 lakh to home buyer
The apex consumer commission has asked a real estate giant to return over Rs58 lakh with interest to a home buyer after it failed to hand over the...
MAS Team | 31 August 2018
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Diversion of homebuyers' money a criminal act, realtors should be prosecuted: SC
In a strict warning to builders across the country, the Supreme Court said that diverting customers' money to other projects is a criminal breach of...
MAS Team | 04 August 2018
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