homebuyers
Homebuyers returning to residential market, taking advantage of favourable property prices: Report
Wed, May 29, 2019
Indian homebuyers are returning to the residential market and taking advantage of favourable property prices and cuts in GST and also home loan rates earlier this year, a report said.
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Homebuyers can now seek full refund with 10% interest if flats get delayed beyond 1 year
Fri, May 17, 2019
Homebuyers can now seek a full refund from builders with 10% interest if the possession of their flats is delayed beyond one year, the National Consumer Disputes Redressal Commission (NCDRC) has ruled.
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Mumbai city is on the cusp of a transformation: Devang Varma, Promoter, Omkar Realtors
Wed, Mar 13, 2019
The Indian real estate have taken the centre of attention among government, which is why, there were various benefits introduced for this sector. After GST rate cut, it was Interim Budget 2019 which brought in good news for both developers and home buyers.
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Budget 2019: Your dream house may soon become cheap; if your real estate developer is happy, then so will you be - a PM Modi gift
Fri, Feb 01, 2019
While announcing the Budget, interim Finance Minister Piyush Goyal also revealed that now the government has proposed exemption on levy of income tax on notional rent on a second self-occupied house.
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How these homebuyers turned this big setback into massive triumph against builder
Tue, Oct 30, 2018
It is a truism that buying a house is one of the most difficult of enterprises for most Indians today. You cannot do without it and many builders take advantage of that to fleece the innocent homebuyers.
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Amrapali, accused of defrauding homebuyers, now accused of cheating SC
Fri, Oct 26, 2018
On October 9, Amrapali filed an affidavit indicating there are 92 serving and former directors. But the annexure to the affidavit contained only 86 names. Lahoty said that on going through the list, names of 16 former directors were found to be missing.
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Big setback for Jaypee Infratech homebuyers; this is what banks have done
Wed, Jul 18, 2018
JAL, which has already deposited Rs 750 crore with the apex court registry, had told the bench headed by Chief Justice Dipak Misra that it was willing to deposit Rs 600 crore more to refund money to the home buyers if it was allowed to dispose of its identified assets, including a cement plant at Rewa in Madhya Pradesh.
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Booked a flat at Noida, Greater Noida? You may have to pay more
Wed, Jul 11, 2018
Homebuyers now have to pay more for their incomplete flats. The builders of Noida and Greater Noida on Tuesday pitched for recalculating the land cost and this pushed up the prices of the incomplete flats in those areas. This will lead to higher prices of the under construction flats, according to a report by Times of India.
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How affordable are housing schemes? Homebuyers must take note of these pitfalls
Fri, Jun 22, 2018
The scheme has been classified into four sections Economically Weaker Section (EWS), Low Income Group (LIG), Middle Income Group-I (MIG-I) and Middle Income Group-II (MIG-II) — wherein the maximum subsidy of Rs 2,67,000 is for the first two income categories, Rs 2,35,000 for MIG-I and Rs 2,30,000 for MIG-II, respectively.
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