Bombay High Court prohibit banks to recovering EMI from Homebuyers
Homebuyers who had taken a loan from the banks to pay for their flats in the Project, were being harassed by the banks who were forcing the homebuyers to pay their EMIs.
Search Results for: Builder-Buyer Agreement
Can home-buyers remove the builder from the project?
There have been few instances where the project is stalled and the association of the allottees have been handed over the project to complete the remaining construction of the project.
Should RERA Authorities grant refund to the every complainant?
The officials of the UPRERA Authority have decided not to encourage refund if the project is not stalled and have the potential of getting finished and delivered.
MAHARERA: Auction of the Property to recover the Money of allottees’
Maha-RERA issued a revenue recovery warrant and sent it to the Thane collector. And was forward to the Tehsildar of the area for property sealing and auctioning to recover the money.
RERA is the preferred authority in the eyes of Home-Buyers
RERA now has become the most preferred authority where the aggrieved home-buyers can reply upon for the redressal of their grievances.
MahaRERA: Force Majeure clause is no more a defense for the builders
The Maha RERA authority has ordered builder cannot take the defense of force majeure clause for financial crisis and lack of approvals in any project.
RERA measures if there is No Construction of the Building by the Builder
The huge number of complaints are coming across, wherein the money of the innocent home buyers is stuck with the abandoned or stalled projects.
RERA: What if force majeure clause taken as a defense by the builders
The builders are taking force-majeure clause in the agreement as an excuse to escape their liabilities and get rid of the demanded claims.
RERA: Refund of the Booking amount by the builder
The Maharashtra RERA in its ruling shed some light on the refund of booking amount as in its order the authority directed the developer to give back the booking amount.
RERA vs. Arbitration
The RERA is going to override the arbitration clause in the agreement. And keeping the same in view it is advisable to the aggrieved home- buyers that they should reach before RERA
Why Legal Analysis of Documents or Process under RERA is Required
A detailed article about that why legal document or agreement is required for review by builders. take a look.
Delay in Possession of the Flat
This article is about just to shed some light on the issue to understand this predicament of Delay in possession of the flats.
Haryana’s RERA rules to come into effect from July 1, Gurgaon homebuyers pins hopes on government
As per the information, The draft rules of the Haryana Real Estate Regulatory Authority (H-RERA) are set to come into effect from July 1. The town and country planning (TCP) department will soon submit a report on the draft rules to the government for them to be notified.
Be Aware RERA May Push-up Your Cost
Buyers will get a more transparent property search, sourcing and purchase experience with the legislation being followed in letter and spirit.
Criminal Liability in Subvention Scheme !!!
The criminal liabilities that may be invoked in a subvention scheme may vary depending upon the facts and circumstances of each case.
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