Legal notice
Indian arm of AIG‘s global real-estate business has served a legal notice on Bangalore-based developer RMZ Corp. The notice came due to failure to let AIG exit its investment in a stalled joint venture in Hyderabad. AIG Global Real Estate India Advisors had invested Rs 350-crore in the mall project, which got delayed due 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 »
An aggressive act has been upheld by Bruhat Bengaluru Mahanagara Palike (BBMP) in Bangalore with the pending payment of property tax yet to cleared by the builders and house owners. Henceforth the BBMP Commissioner Mr Siddiah had conferenced a meeting in presence with all the BBMP officials recently to trace down the percentage of pending [...] Continue Reading »
The builder of Mumbai city had promised to provide best amenities to the flat owners in a Wadala Highrise and has never seem to be aiming up to fulfill the promises henceforth the builder is now asked to pay Rs 6.07 lakh. The Central Mumbai District Consumer Dispute Redressal Forum has ordered Green Developers and [...] Continue Reading »
The Gulmohur Residents Association, in its legal notice to the company, said that the building was constructed in violation of various Development Control Regulations (DCR) and has asked it to desist from selling it to a third party till the floor space index issue is resolved. Vibhav Krishna, advocate for the association, reported saying, “the [...] Continue Reading »
Cordcon Builders Pvt Ltd will have to pay the amount to one of its residents, Anant Shirotiya as reimbursement for the money he spent on repairing the damage and the mental agony he suffered due to the leakage. In March 2002, Shirotiya booked a flat in Cordcon’s high rise, Sagar City. Shirotiya noticed dampness in [...] Continue Reading »
In recent, a best case has been seen how the builders/developers exploit the consumers. In February 2001, Prashant Kulkarni booked a flat measuring around 975 sq ft for Rs 6.5 lakh in a building which was to be constructed by the builder Vijay Wagh at Kothrud. The possession was to be handed over on or [...] Continue Reading »
