The National Consumer Disputes Redressal Commission, presided by Mr. Subhash Chandra and Dr. Sadhna Shanker, held that making buyers wait indefinitely for possession amounts to deficiency in service. It directed the builder to pay interest on the amount paid by the complainant at 6% per annum from the end of the grace period until the complaint filing and 9% per …
Ever wondered why salaried people look forward to the first of every month. I went through the Co-operative Societies Act of Maharashtra and found that housing societies can very well invest in government securities, mutual funds and debentures, among others," says Puneet Agarwal, a chartered accountant and an active volunteer at Arum Allamanda CHS in Mumbai. The Maharashtra Co-operative Societies …
Macrotech Developers, which uses the Lodha brand, has sold two apartments in its luxury project Lodha Malabar on Walkeshwar Road, Malabar Hill, one of Mumbai’s posh areas, for ₹270 crore to the chairman and managing director of Wellknown Polyesters Ltd, Anil Gupta, documents accessed by IndexTap showed. Macrotech Developers has sold two apartments in its luxury project Lodha Malabar for …
Mumbai: Asha Mukul Agrawal, director at Param Capital Research Pvt Ltd, a leading capital market trading and investment firm, has purchased three apartments in Lodha Group’s luxury project Lodha Malabar in South Mumbai for a sum of ₹263 crore. A redevelopment project on Walkeshwar Road, Lodha Malabar, witnessed record-breaking purchases earlier this year, and Macrotech Developers collected revenue of ₹1202 …