The letter pointed out that a precedent had been set with the livestreaming of meeting on DDA’s unauthorised colonies and land pooling policies on March 8, 2022

Homebuyers should not panic but immediately file their claim with IRP as required under the law, says PSP Legal, which had filed several petitions against Supertech

Homebuyers should file their claims with the insolvency professional right away to ensure that their claim is recognised. A timely resolution, however, cannot be guaranteed.

Homebuyers should not panic but immediately file their claim with IRP as required under the law, says PSP Legal, which had filed several petitions against Supertech

Homebuyers should file their claims with the insolvency professional right away to ensure that their claim is recognised. A timely resolution, however, cannot be guaranteed.

The law states that a homebuyer can only approach NCLT if the developer is an entity under the Companies Act. If the developer is a sole proprietorship, partnership firm or an individual, homebuyers do not have a remedy in NCLT as of now.

With Supertech going into insolvency, over 25,000 homebuyers may have to wait longer for delivery of their flats, experts said.

The failure of the real estate regulator in Haryana to give relief to homebuyers in the Green View project developed by a state-owned company is only one instance of its limitations and indifference.

Homebuyers in these locations may have to pay higher taxes, which would impact sales of houses, experts have said

Homebuyers who are stuck in delayed or stalled projects can approach either the real estate regulator or the courts for relief

For home buyers, this hike signals an imminent end to the all-time low interest regime, which has been one of the major drivers behind home sales across the country since the pandemic began

The senior living segment has also caught the fancy of non-resident Indians who wish to settle in India after retirement or want to invest in a senior living project for their parents

DTCP Gurugram to meet homebuyers on May 27 to discuss modalities of project takeover.

Indian homebuyers have been patient, but it should not be taken for granted. Homebuyers, on their part, should remember two bit of data. Any house that costs more than five years of your gross income is not affordable. Also, the EMI should not be more than…