Builder
A builder has been directed to pay for the execution of conveyance, agreement and registration for a 1.000-sq-ft flat for not handing over to a buyer seven years after the full payment of Rs 22 lakh was made. The Maharashtra State Consumer Disputes Redressal Commission also told the builder to hand over the flat on [...] Continue Reading »
Mayfield Gardens projects residents in Gurgaon have started demanding the facilities from the Department of Town and Country Planning (DTCP). These facilities were promised by the builder but have not been delivered yet. They have also asked for permission for registration of their properties that has been stopped after DTCP put a restriction on them [...] Continue Reading »
Vatika City apartment in Gurgaon saw a shocking Saturday morning which was not quiet surprising for the residents. The builder of the apartment project has to deliver many promises but yet unfulfilled. The project located at Sohna Road witnessed around 100 residents come off to road and started protesting against the builder for not providing [...] Continue Reading »
Citizens of Mumbai beware! If your builder is asking you to pay a hefty sum for the parking space you have been using, don’t end up paying the same. As, the Maharashtra State Consumer Disputes Redressal Commission clearly said that the builder will have no right to sell the parking slots in the city. The [...] Continue Reading »
A builder in Mumbai was booked a case for taking over the possession of a bungalow in Bandra forcibly! Four private company security guards were detained for helping in breaking locks of the house! The surrounding residents called up Bandra police who rushed into the bungalow spot immediately and found a representative of MB Builders [...] Continue Reading »
The Bombay High Court asked the Hiranandani builders to construct affordable houses in their upcoming residential projects. Which is now followed up by a state teachers’ union asking the builder to consider flats for teachers from government-recognized schools. The High Court noticing the extra built up area by the builder, has therefore ordered them to [...] Continue Reading »
Due to late hand over of apartments, Vatika City residents have sent a legal notice to the builder. The project being one of the luxurious residential communities in Sohna Road houses around 1000 families and had place for another 450. However, builder had failed to keep the promise of delivering the units and facilities on [...] Continue Reading »
The Maharashtra government recently passed on orders in concern with the mandatory payments of the premium floor space index (FSI) rates. Even there is a major drop down in realty sales, some of the developers across states are still holding back their properties without compromising for less deal. However, these FSI extra payments is sure [...] Continue Reading »
Home buyers are taken for a surprise when they are asked to pay under interest subvention scheme. Under this scheme, some of the buyers who have made a payment of initial amount have this right of not paying the EMI (equated monthly installment) for the time period when the property is under construction till its [...] Continue Reading »
A new trend in real estate has been followed today by the builders and the developers in India. Many of the realty companies are coming up and gaining spotlight just by completing couple of projects in many of the cities. During times, a builder or a realty company used to come into light only when [...] Continue Reading »
