Builder Can Only Forfeit 10% of Basic Sale Price In Case Of Breach Of Contract: NCDRC

9 months, 1 week ago

Builder Can Only Forfeit 10% of Basic Sale Price In Case Of Breach Of Contract: NCDRC

The National Consumer Disputes Redressal Commission, presided by Dr. Sadhna Shanker, held that the amount forfeited due to a breach of contract should be fair and justifiable. The complainant asserted having paid a total of Rs.11,21,876 but received only Rs.7,20,000 as a refund from the realtor, prompting the complaint of deficiency in service filed before the State Commission of Delhi. Observations by the National Commission The National Commission observed that the complainant applied for a refund, and the realtor refunded Rs. The Commission allowed the appeal and directed the realtor to forfeit only 10% of the deposited amount, ordering a refund of Rs.

Commission Complainant Complaint Forfeit Realtor

NCDRC Directs Builder To Pay Delayed Compensation To Homebuyer Until Occupation Certificate Was Received

2 months ago

NCDRC Directs Builder To Pay Delayed Compensation To Homebuyer Until Occupation Certificate Was Received

Consumer

NCDRC Holds Experion Developers Liable For Deficiency In Service

3 months, 1 week ago

NCDRC Holds Experion Developers Liable For Deficiency In Service

Experion Developers

Telangana State Commission Validates Builder's Claim of Outstanding Payments

3 months, 4 weeks ago

Telangana State Commission Validates Builder's Claim of Outstanding Payments

Commission

Using Poor Quality Material During Construction: NCDRC Holds Builder Liable For Deficiency In Service

4 months ago

Using Poor Quality Material During Construction: NCDRC Holds Builder Liable For Deficiency In Service

Construction

Withholding Deposit Without Any Prospect Of Delivering Possession: NCDRC Holds Realtech Development Liable For Deficiency In Service

4 months, 1 week ago

Withholding Deposit Without Any Prospect Of Delivering Possession: NCDRC Holds Realtech Development Liable For Deficiency In Service

Developer

NCDRC Holds Rajasthan Housing Board Liable For Deficiency In Service For Arbitrary Cancelling Booking

4 months, 1 week ago

NCDRC Holds Rajasthan Housing Board Liable For Deficiency In Service For Arbitrary Cancelling Booking

Income

Intent Behind Purchasing Shop Was Self – Employment, NCDRC Holds Complainant As Consumer, Orders Refund

5 months ago

Intent Behind Purchasing Shop Was Self – Employment, NCDRC Holds Complainant As Consumer, Orders Refund

Consumer

Refunded Amount Should Be Paid From Date Of Deposit To Ensure Restitution: NCDRC

7 months ago

Refunded Amount Should Be Paid From Date Of Deposit To Ensure Restitution: NCDRC

Commission

Refund Offer From Builder After Long Delay Considered Inadequate: NCDRC

7 months, 1 week ago

Refund Offer From Builder After Long Delay Considered Inadequate: NCDRC

National

Buyers Have Rights To Refund In Cases Of Delay And Cancellation Of Allotment: NCDRC

8 months ago

Buyers Have Rights To Refund In Cases Of Delay And Cancellation Of Allotment: NCDRC

Interest

SC upholds order for refund of amount to home buyers by builder for delayed possession of flat

8 months, 1 week ago

SC upholds order for refund of amount to home buyers by builder for delayed possession of flat

Hindustan Times

Home Buyers

Handing Over Possession To Third Party Without Buyer's Consent Is Deficiency In Service: NCDRC

9 months, 1 week ago

Handing Over Possession To Third Party Without Buyer's Consent Is Deficiency In Service: NCDRC

Flat

Builder Cannot Demand Interest For Delayed Projects: NCDRC Holds Puri Construction Liable For Deficiency In Service

9 months, 4 weeks ago

Builder Cannot Demand Interest For Delayed Projects: NCDRC Holds Puri Construction Liable For Deficiency In Service

Pay

Co-Promoters Liable To Refund Amounts Under Real Estate Laws: NCDRC

10 months ago

Co-Promoters Liable To Refund Amounts Under Real Estate Laws: NCDRC

Development

NCDRC Directs Builder To Compensate Homebuyers For Delay In Refund Of Refundable Maintenance Deposit

3 years, 1 month ago

NCDRC Directs Builder To Compensate Homebuyers For Delay In Refund Of Refundable Maintenance Deposit

Maintenance

Builder's Demand For Extra Money On Account Of Alleged Increase In Sale Area Illegal: SC Affirms NCDRC Order By Dismissing Builder's Appeal

4 years, 2 months ago

Builder's Demand For Extra Money On Account Of Alleged Increase In Sale Area Illegal: SC Affirms NCDRC Order By Dismissing Builder's Appeal

Sale

Consumer commission asks Unitech to refund ₹64.5 lakh with interest to home buyer

5 years, 4 months ago

Consumer commission asks Unitech to refund ₹64.5 lakh with interest to home buyer

Kumar

Home Buyers To Get Refund For Delays In Projects With Interest Rate Similar To Home Loan Rate Of Nationalized Banks: NCDRC [Read Order]

5 years, 9 months ago

Home Buyers To Get Refund For Delays In Projects With Interest Rate Similar To Home Loan Rate Of Nationalized Banks: NCDRC [Read Order]

Home Buyers

Home Buyers Can Demand Interest On Refund Even After Accepting Refund Without Protest: NCDRC [Read Order]

6 years, 5 months ago

Home Buyers Can Demand Interest On Refund Even After Accepting Refund Without Protest: NCDRC [Read Order]

Consumer

Home Buyers Can Seek Higher Compensation Than Token Amount Specified In Contract For Delayed Delivery Of Possession: NCDRC [Read Order]

6 years, 5 months ago

Home Buyers Can Seek Higher Compensation Than Token Amount Specified In Contract For Delayed Delivery Of Possession: NCDRC [Read Order]

Consumer

Unitech Guilty Of Over 10-Yr Delay In Giving Possession Of Flat, NCDRC Orders To Pay Rs 58.41 Lakh To Customer [Read Order]

6 years, 7 months ago

Unitech Guilty Of Over 10-Yr Delay In Giving Possession Of Flat, NCDRC Orders To Pay Rs 58.41 Lakh To Customer [Read Order]

Pay

Unitech Guilty Of Over 10-Yr Delay In Giving Possession Of Flat, NCDRC Orders To Pay Rs 58.41 Lakh To Customer [Read Order]

6 years, 7 months ago

Unitech Guilty Of Over 10-Yr Delay In Giving Possession Of Flat, NCDRC Orders To Pay Rs 58.41 Lakh To Customer [Read Order]

Pay

SC Asks Developer To Pay Rs. 2.27 Cr Compensation To Buyer, Modifies NCDRC Order Of Rs 3.65 Cr Damages [Read Judgment]

7 years ago

SC Asks Developer To Pay Rs. 2.27 Cr Compensation To Buyer, Modifies NCDRC Order Of Rs 3.65 Cr Damages [Read Judgment]

Contract

SC Asks Developer To Pay Rs. 2.27 Cr Compensation To Buyer, Modifies NCDRC Order Of Rs 3.65 Cr Damages [Read Judgment]

7 years ago

SC Asks Developer To Pay Rs. 2.27 Cr Compensation To Buyer, Modifies NCDRC Order Of Rs 3.65 Cr Damages [Read Judgment]

Contract

NCDRC Can’t Dismiss Complaint on Complainant’s Revision Plea For Enhanced Compensation: SC [Read Judgment]

7 years, 5 months ago

NCDRC Can’t Dismiss Complaint on Complainant’s Revision Plea For Enhanced Compensation: SC [Read Judgment]

Commission

Builder-Buyer Agreements Often Favours Builders’ Interest: NCDRC [Read Order]

7 years, 9 months ago

Builder-Buyer Agreements Often Favours Builders’ Interest: NCDRC [Read Order]

Commission

Builder-Buyer Agreements Often Favours Builders’ Interest: NCDRC [Read Order]

7 years, 9 months ago

Builder-Buyer Agreements Often Favours Builders’ Interest: NCDRC [Read Order]

Builder

SC allows homebuyers to directly move national consumer forum against builders

8 years, 1 month ago

SC allows homebuyers to directly move national consumer forum against builders

Court

SC quashes NCDRC Order which held Land owner who entered into agreement with builder for construction is not a Consumer [Read Judgment]

8 years, 8 months ago

SC quashes NCDRC Order which held Land owner who entered into agreement with builder for construction is not a Consumer [Read Judgment]

Consumer

SC denies relief, developer told to compensate allottees

9 years, 5 months ago

SC denies relief, developer told to compensate allottees

Hindustan Times

Compensation

Discover Related

Burn Injuries, Property Damage In Fire Due To Cylinder Leakage: NCDRC Directs BPCL To Pay Compensation

1 week, 2 days ago

Burn Injuries, Property Damage In Fire Due To Cylinder Leakage: NCDRC Directs BPCL To Pay Compensation

The National Consumer Disputes Redressal Commission, New Delhi bench of Mr. Subhash Chandra and AVM J. Rajendra has directed 'Bharat Petroleum Corporation Limited' to pay Rs. Feeling aggrieved, the Complainants …

Live Law

Insurance Damage Company Commission

Pendency Of Criminal Complaint Can't Justify Delay In Filing Consumer Complaint: NCDRC Allows Eastern Railways' Revision Petition

1 week, 3 days ago

Pendency Of Criminal Complaint Can't Justify Delay In Filing Consumer Complaint: NCDRC Allows Eastern Railways' Revision Petition

The National Consumer Disputes Redressal Commission, New Delhi bench of Binoy Kumar and Justice Saroj Yadav held that the filing or pendency of a criminal complaint cannot be used as …

Live Law

Railways State Commission Complainant

Frequent Repairs Alone Do Not Establish Manufacturing Defect In Vehicle, NCDRC Allows Appeal Filed By Skoda Volkswagen India

1 week, 4 days ago

Frequent Repairs Alone Do Not Establish Manufacturing Defect In Vehicle, NCDRC Allows Appeal Filed By Skoda Volkswagen India

The National Consumer Disputes Redressal Commission, New Delhi bench of Mr Subhash Chandra and AVM J. Rajendra held that frequent repairs or visits to a workshop alone do not establish …

Live Law

Manufacturing Skoda State Commission Held

Homebuyer Cannot Be Forced To Accept Possession Of Flat After Long Delay, Entitled To Refund : Supreme Court

2 weeks ago

Homebuyer Cannot Be Forced To Accept Possession Of Flat After Long Delay, Entitled To Refund : Supreme Court

The Supreme Court reaffirmed that homebuyers cannot be forced to accept possession of a property after an undue delay and are entitled to a refund if the unit is not …

Live Law

Supreme Court High Court Board Court

Members Can File Consumer Complaint Against Their Co-operative Society: NCDRC

2 weeks ago

Members Can File Consumer Complaint Against Their Co-operative Society: NCDRC

The National Consumer Disputes Redressal Commission, New Delhi bench of Mr Binoy Kumar and Justice Saroj Yadav directed the State Consumer Disputes Redressal Commission to decide a case on merits …

Live Law

Society Case State Appellants

$Failure To Deliver Flats Within Stipulated Deadline, NCDRC Holds SJP Infracon Liable For Deficiency In Service$

2 weeks, 1 day ago

Failure To Deliver Flats Within Stipulated Deadline, NCDRC Holds SJP Infracon Liable For Deficiency In Service

The National Consumer Disputes Redressal Commission bench of Mr Binoy Kumar and Mrs Saroj Yadav held 'M/s SJP Infracon Ltd.' liable for deficiency in service for failure to deliver possession …

Live Law

Compensation Homebuyers Occupancy Builder

Investors challenge Ansal API bankruptcy ruling in NCLAT

2 weeks, 2 days ago

Investors challenge Ansal API bankruptcy ruling in NCLAT

A group of 33 investors of Ansal Properties Infrastructure Limited has filed an appeal in the National Company Law Appellate Tribunal against the National Company Law Tribunal’s decision to declare …

Hindustan Times

Investors Nclt Nclat

Not 'Consumer' Without Privity Of Contract : Supreme Court Rejects Flat Seller's Consumer Complaint Against Financier Of Buyer

2 weeks, 6 days ago

Not 'Consumer' Without Privity Of Contract : Supreme Court Rejects Flat Seller's Consumer Complaint Against Financier Of Buyer

The Supreme Court on Thursday ruled that to qualify as a "consumer" under the Consumer Protection Act, there must be a direct contractual relationship between the parties.A bench comprising Justices …

Live Law

Contract Consumer Supreme Court Court

Consumer Protection Act Protects Interest Of Consumers In “Business To Consumer Disputes”, Not For “Business To Business Disputes”, District Commission Thrissur

3 weeks, 4 days ago

Consumer Protection Act Protects Interest Of Consumers In “Business To Consumer Disputes”, Not For “Business To Business Disputes”, District Commission Thrissur

The District Consumer Disputes Redressal Commission, Thrissur presided by Sri. Ram Mohan R. dismissed a complaint filed by Astra Bio Science Ltd seeking refund from M/s Rita Pad Printing Systems …

Live Law

Business Consumer Protection Consumer Protection Act

Rights Of Auction Purchaser Are Crystallized Upon Issuance Of Sale Certificate: NCLAT Chennai

4 weeks ago

Rights Of Auction Purchaser Are Crystallized Upon Issuance Of Sale Certificate: NCLAT Chennai

The National Company Law Tribunal, Chennai comprising of Justice Sharad Kumar Sharma and Jatindranath Swain dismissed an appeal filed by the former director of the corporate debtor challenging the impugned …

Live Law

Appeal Chennai Sale Order

District Forum Holds Builder Guilty For Not Giving Flat's Possession To Homebuyer; Orders Refund, ₹50K Costs For Mental Harassment

1 month ago

District Forum Holds Builder Guilty For Not Giving Flat's Possession To Homebuyer; Orders Refund, ₹50K Costs For Mental Harassment

The District Consumer Disputes Redressal Commission, New Delhi has recently found Imperia Structures Limited guilty of deficiency in service for not providing possession of a plot booked by a homebuyer …

Live Law

Complainant Possession Mental Harassment Imperia Structures Limited

Builders can’t use insolvency to evade penalties: Top court

1 month ago

Builders can’t use insolvency to evade penalties: Top court

The Supreme Court on Tuesday ruled that developers cannot evade monetary penalties imposed for consumer rights violations under the guise of insolvency proceedings, underlining that allowing such a practice would …

Hindustan Times

Consumer Court Insolvency Regulatory

Consumer Commission rap for private bank for debits on non-existent consumer loan

1 month, 1 week ago

Consumer Commission rap for private bank for debits on non-existent consumer loan

The State Consumer Disputes Redressal Commission has directed a private bank to pay compensation to a customer for debiting equated monthly installments from her bank account for a non-existent loan. …

Consumer Bank Loan Commission

Insurance firm ordered to pay Rs 3.5L compensation to owner of stolen car

1 month, 1 week ago

Insurance firm ordered to pay Rs 3.5L compensation to owner of stolen car

THIRUVANANTHAPURAM: The Kerala State Consumer Disputes Redressal Commission has directed National Insurance Company Ltd to pay Rs 3.5 lakh as compensation to the owner of a stolen car, upholding an …

New Indian Express

Compensation Order Vehicle Ernakulam

Seller of moth-infested Notting Hill mansion handed staggering final court bill

1 month, 2 weeks ago

Seller of moth-infested Notting Hill mansion handed staggering final court bill

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email …

The Independent

Couple Court House Bill

Onus of proving commercial purpose rests with service provider, not consumer: DCDRC

1 month, 2 weeks ago

Onus of proving commercial purpose rests with service provider, not consumer: DCDRC

THIRUVANANTHAPURAM: Persons buying goods or services for commercial purposes are not covered under the Consumer Protection Act. In a landmark order, the State Consumer Disputes Redressal Commission has ruled that …

New Indian Express

Consumer Commercial Purpose Service Kasaragod

Could Not Prove Any Manufacturing Defect, NCDRC Dismisses Complaint Against BMW

1 month, 3 weeks ago

Could Not Prove Any Manufacturing Defect, NCDRC Dismisses Complaint Against BMW

A bench of the National Consumer Disputes Redressal Commission comprising Mr.Subhash Chandra as the presiding member and Dr.Sadhna Shanker as member dismissed a complaint against BMW stating that the Complainants …

Live Law

Car Defects State Commission

MahaRERA Directs Piramal Estates To Refund Money Paid By Three Homebuyers, After Deducting 2% Of Total Consideration Amount

1 month, 3 weeks ago

MahaRERA Directs Piramal Estates To Refund Money Paid By Three Homebuyers, After Deducting 2% Of Total Consideration Amount

Maharashtra Real Estate Regulatory Authority bench, comprising of Mahesh Pathak has directed Piramal Estates to refund the amount paid by three homebuyers after deducting 2% of the total consideration. Authority …

Live Law

Homebuyers Date Total Rera

Consumer Protection Act 2019 | State Commission Can't Dismiss Compliant For Non-Prosecution, Obliged To Give Decision On Merits: Kerala HC

1 month, 3 weeks ago

Consumer Protection Act 2019 | State Commission Can't Dismiss Compliant For Non-Prosecution, Obliged To Give Decision On Merits: Kerala HC

The Kerala High Court has ruled that the State Consumer Disputes Redressal Commission cannot dismiss a complaint for default or non-prosecution. The Court thus held that the State Consumer Disputes …

Live Law

Consumer Kerala Court State Commission

RERA Comes to Rescue of Flat Buyer in Hyderabad

1 month, 4 weeks ago

RERA Comes to Rescue of Flat Buyer in Hyderabad

Hyderabad: The Telangana State Real Estate Regulatory Authority has directed Parijatha Homes & Developers to complete the construction work and hand over the physical possession of Flat No. The buyer …

Deccan Chronicle

Rera Builder Possession Flat Buyer

Dispute Regarding Share Purchase Agreement Not Maintainable Before Commercial Court: Karnataka High Court

2 months ago

Dispute Regarding Share Purchase Agreement Not Maintainable Before Commercial Court: Karnataka High Court

The Karnataka High Court has held that a dispute related to the recovery of money in regard to the share purchase agreement is not maintainable before the Commercial Court. A …

Live Law

Bengaluru Court Commercial Agreement

Real Estate Monthly Digest: January 2025

2 months ago

Real Estate Monthly Digest: January 2025

Maharashtra Real Estate Appellate Tribunal MahaREAT Imposes Penalty Of Rs. Haryana Real Estate Regulatory Authority Haryana RERA Directs Ansal Builders To Hand Over Possession And Pay Interest For Delay Case …

Live Law

Real Estate Regulatory Pay Interest

Ernakulam District Consumer Commission Dismisses Complaint Against Indian Overseas bank For Delay In Disbursing Lottery Prize Money

2 months ago

Ernakulam District Consumer Commission Dismisses Complaint Against Indian Overseas bank For Delay In Disbursing Lottery Prize Money

The District Consumer Disputes Redressal Commission Ernakulam, Kerala dismissed a complaint against the Indian Overseas Bank filed under Section 35 of the Consumer Protection Act, 2019. Stating that the Bank …

Live Law

Kerala Money Lottery Prize

'One-Sided Forfeiture Clause In Apartment Buyer Agreements Unfair Trade Practice' : Supreme Court Rejects Builder's Appeal

2 months, 1 week ago

'One-Sided Forfeiture Clause In Apartment Buyer Agreements Unfair Trade Practice' : Supreme Court Rejects Builder's Appeal

In a major relief to homebuyers, the Supreme Court ruled that earnest money forfeited upon flat booking cancellation must be reasonable and not excessive enough to be considered a penalty …

Live Law

Contract Supreme Court Court Money

Delhi REAT Holds Homebuyer Who Booked Flat Under Buy-Back Scheme As Allottee, Remands Matter To Delhi RERA

2 months, 1 week ago

Delhi REAT Holds Homebuyer Who Booked Flat Under Buy-Back Scheme As Allottee, Remands Matter To Delhi RERA

Real Estate Appellate Tribunal, NCT of Delhi comprising of Justice Chander Shekhar and Lorren Bamniyal held in favour of the homebuyer who had booked a flat under the Buy Back …

Live Law

Delhi Tribunal Scheme Rera

Telangana RERA Penalises Builder For Unilaterally Cancelling Homebuyers Allotment, Also Holds Real Estate Agent Liable

2 months, 1 week ago

Telangana RERA Penalises Builder For Unilaterally Cancelling Homebuyers Allotment, Also Holds Real Estate Agent Liable

Telangana Real Estate Regulatory Authority bench, comprising K. Srinivasa Rao and Laxmi Narayana Jannu has imposed a penalty of Rs. 8.57 lakh each on the builder and the real estate …

Live Law

Homebuyers Sale Respondent Rera

Karnataka RERA Directs Mantri Developers To Refund Rs. 22.34 Lakh To Homebuyer For Delayed Possession

2 months, 1 week ago

Karnataka RERA Directs Mantri Developers To Refund Rs. 22.34 Lakh To Homebuyer For Delayed Possession

Karnataka Real Estate Regulatory Authority bench, comprising GR Reddy has directed Mantri Developers to refund Rs. Background Facts Homebuyer booked a flat in the builder's project named "Mantri Webcity 3C" …

Live Law

Rera Builder Possession Authority

NCLAT Upholds Rejection Of Application U/S 9 Of IBC Against Hindustan Unilever Limited

2 months, 1 week ago

NCLAT Upholds Rejection Of Application U/S 9 Of IBC Against Hindustan Unilever Limited

The National Company Law Appellate Tribunal bench of Justice Ashok Bhushan and Arun Baroka has dismissed the appeal against the order rejecting the application under section 9 of the Insolvency …

Live Law

Tribunal Nclat Nclat Upholds

Karnataka RERA Holds Shriram Properties Liable For Delayed Possession, Orders 12.77 Lakhs Interest To Homebuyer

2 months, 2 weeks ago

Karnataka RERA Holds Shriram Properties Liable For Delayed Possession, Orders 12.77 Lakhs Interest To Homebuyer

Karnataka Real Estate Regulatory Authority bench, comprising GR Reddy, has directed Shriram Properties to pay Rs. Observation and Direction by Authority The Authority observed that the due date for possession …

Live Law

Delay Builder Possession Authority

MahaRERA Directs Lucina Land Development To Refund Homebuyer's Money After Deducting 2% Of Total Consideration

2 months, 2 weeks ago

MahaRERA Directs Lucina Land Development To Refund Homebuyer's Money After Deducting 2% Of Total Consideration

Maharashtra Real Estate Regulatory Authority bench, comprising Mahesh Pathak, has directed Lucina Land Development to refund the amount paid by homebuyer without interest after deducting 2% of the total consideration. …

Live Law

Project Builder Paid Refund

Karnataka real estate developers owe homebuyers around ₹667 crore in refunds for delayed projects

2 months, 3 weeks ago

Karnataka real estate developers owe homebuyers around ₹667 crore in refunds for delayed projects

Karnataka real estate developers owe homebuyers around ₹667 crore as refund for delays in delivery of apartments as of December 31, 2024, a Karnataka Real Estate Regulatory Authority document accessed …

Hindustan Times

Karnataka Recovery Regulatory Crore

Delhi District Commission (South) Holds M/s Adinath Properties Pvt. Ltd. Liable For Unfair Trade Practices For Making Offer Of Possession Without OC/CC

2 months, 3 weeks ago

Delhi District Commission (South) Holds M/s Adinath Properties Pvt. Ltd. Liable For Unfair Trade Practices For Making Offer Of Possession Without OC/CC

The District Consumer Disputes Redressal Commission-II held M/s Adinath Properties Pvt. Ltd. liable for unfair trade practices and deficiency in service for making an offer of possession without providing the …

Live Law

Party South Agreement Commission

Telangana RERA Orders Refund To Homebuyer And Imposes Rs 9.96 Lakh Penalty On Hyderabad-Based Builder For Selling Unregistered Project

2 months, 3 weeks ago

Telangana RERA Orders Refund To Homebuyer And Imposes Rs 9.96 Lakh Penalty On Hyderabad-Based Builder For Selling Unregistered Project

Telangana Real Estate Regulatory Authority bench, comprising Justice Dr. N. Satyanarayana, K. Srinivasa Rao and Laxmi Narayana Jannu directed the Hyderabad based builder named Krithika Infra Developers to refund the …

Live Law

Hyderabad Builder Authority Homebuyer

Namakkal DCDRC directs car company to provide new vehicle to customer

2 months, 4 weeks ago

Namakkal DCDRC directs car company to provide new vehicle to customer

The Namakkal District Consumer Disputes Redressal Commission directed a car company to provide a new car with ₹3 lakh compensation for a customer for selling a car with manufacturing defects. …

Car Company Namakkal Car Company

Can a real estate developer forfeit the booking amount if a homebuyer backs out of the purchase due to financial issues?

3 months ago

Can a real estate developer forfeit the booking amount if a homebuyer backs out of the purchase due to financial issues?

The Maharashtra Real Estate Regulatory Authority has directed a real estate developer in Thane, near Mumbai, to refund the booking amount paid by the homebuyer after deducting 1% of the …

Hindustan Times

Flat Maharera Estate Real

Homebuyer Forced To Vacate Flat After Taking Possession Due To Unsafe Construction, Haryana RERA Directs NBCC To Pay Compensation

3 months ago

Homebuyer Forced To Vacate Flat After Taking Possession Due To Unsafe Construction, Haryana RERA Directs NBCC To Pay Compensation

Haryana Real Estate Regulatory Authority Bench, Comprising of Rajender Kumar has directed National Buildings Construction Corporation Limited to compensate the homebuyer for rental expenses and mental agony after they were …

Live Law

Compensation Rera Builder Authority

Haryana RERA Orders Agrante Developers To Refund Amount Paid By Homebuyer

Trending 3 months ago

Haryana RERA Orders Agrante Developers To Refund Amount Paid By Homebuyer

Haryana Real Estate Regulatory Authority bench, comprising Arun Kumar, has directed Agrante Developers to refund Rs.9.47 Lakhs with interest to homebuyer who purchased a flat in their Beethoven's 8 Project. …

Live Law

Builder Possession Refund Authority

NCLAT Directs Revival Of Company Petition After Appellant Was Deprived Of Remedies Under Article 21 Of Constitution

3 months ago

NCLAT Directs Revival Of Company Petition After Appellant Was Deprived Of Remedies Under Article 21 Of Constitution

The NCLAT Chennai bench of Justice Sharad Kumar Sharma and Jatindranath Swain, considering the peculiar situation where the civil suit was dismissed as withdrawn three days after the company petition …

Live Law

Civil Companies Company Pune

Rejection Of Belated And Contingent Claims By Resolution Professional Cannot Be Faulted: NCLAT

3 months ago

Rejection Of Belated And Contingent Claims By Resolution Professional Cannot Be Faulted: NCLAT

The NCLAT New Delhi Bench of Justice Ashok Bhushan, and Mr. Barun Mitra has held that when the claims have been filed belatedly after 548 days and that too the …

Live Law

Resolution Case Resolution Professional Nclat

Delay In Settling Insurance Claim: NCDRC Holds Oriental Insurance Liable For Deficiency In Service

3 months, 1 week ago

Delay In Settling Insurance Claim: NCDRC Holds Oriental Insurance Liable For Deficiency In Service

The National Consumer Disputes Redressal Commission, presided by Mr. Subhash Chandra and Dr. Sadhna Shanker held Oriental Insurance liable for deficiency in service over wrongful repudiation and delay in settling …

Live Law

Insurance Explosion Damage Commission

Haryana RERA Directs Ansal Builders To Hand Over Possession And Pay Interest For Delay

3 months, 1 week ago

Haryana RERA Directs Ansal Builders To Hand Over Possession And Pay Interest For Delay

Haryana Real Estate Regulatory Authority bench, comprising Ashok Sangwan has directed M/s Ansal Townships Infrastructure Private Limited to hand over possession within two months after obtaining the occupancy certificate and …

Live Law

Flat Delay Builder Possession

MahaREAT Imposes Penalty Of Rs. 5 Lakhs On Spenta Builders For Violating Airport Authority Of India Height Restrictions

3 months, 1 week ago

MahaREAT Imposes Penalty Of Rs. 5 Lakhs On Spenta Builders For Violating Airport Authority Of India Height Restrictions

Maharashtra Real Estate Appellate Tribunal comprising Justice Shriram R. Jagtap and Shrikant M. Deshpande imposed a penalty of Rs. The homebuyer contended that the builder violated many provisions of the …

Live Law

Penalty Tribunal Rera Builder

Consumer Complaint Cannot Be Dismissed Due To Non-Joinder Of Party: NCDRC Remands Petion Filed By Cholamandalam Finance

3 months, 1 week ago

Consumer Complaint Cannot Be Dismissed Due To Non-Joinder Of Party: NCDRC Remands Petion Filed By Cholamandalam Finance

The National Consumer Disputes Redressal Commission presided by Justice A. P. Sahi and DR. Inder Jit Singh held that a Consumer Complaint cannot be dismissed on the ground of non-joinder …

Live Law

Consumer Appeal Party Order

Real Estate Monthly Digest : December 2024

Trending 3 months, 1 week ago

Real Estate Monthly Digest : December 2024

Haryana Real Estate Regulatory Authority Haryana RERA Directs Anant Raj Builders To Pay Interest, Execute Conveyance Deed In Favor Of Homebuyer Case – Mohit Bansal Versus M/s. 27.98 Lakhs To …

Live Law

Regulatory Haryana Judicial Commercial Space

Real Estate Weekly Round Up: [23rd December – 28th December 2024]

3 months, 1 week ago

Real Estate Weekly Round Up: [23rd December – 28th December 2024]

Karnataka Real Estate Regulatory Authority Karnataka RERA Dismisses Real Estate Agent's Complaint Against Godrej Properties, Citing Vindictive Motive Case – Vivek Arjuna Versus Godrej Properties Citation – Complaint No: 00058 …

Live Law

Regulatory State Estate Real

Complainant Not Bound To Accept Possession After Unreasonable Delay: Delhi State Commission Holds Raheja Developers Liable

3 months, 1 week ago

Complainant Not Bound To Accept Possession After Unreasonable Delay: Delhi State Commission Holds Raheja Developers Liable

The Delhi State Commission, presided by Justice Sangita Dhingra Sehgal and Ms. Pinki held Raheja Developers liable for deficiency in service and ruled that buyers are not bound to accept …

Live Law

Delhi Commission Complainant Possession

Failure To Deliver Documents And Cancellation Of Allotment: Delhi State Commission Holds Essel Housing Liable For Deficiency In Service

3 months, 1 week ago

Failure To Deliver Documents And Cancellation Of Allotment: Delhi State Commission Holds Essel Housing Liable For Deficiency In Service

The Delhi State Commission, presided by Justice Sangita Dhingra Sehgal and Ms. Pinki held that builders have a duty to assist buyers and failure to deliver requisite documents amounts to …

Live Law

Delhi State Commission Builder

Baramulla Consumer District Commission Holds Insurance Company Liable For Non-Settlement Of Genuine Claim Amounts

3 months, 1 week ago

Baramulla Consumer District Commission Holds Insurance Company Liable For Non-Settlement Of Genuine Claim Amounts

The Baramulla District Consumer Disputes Redressal Commission has held Reliance General Insurance company liable for repudiating the genuine insurance claim of the complainant in an unreasonable manner. Brief background: The …

Live Law

Company Complainant Claim Holds Insurance