The government has introduced draft rules ensuring developers compensate buyers for delayed project completions, aiming to enhance accountability in real estate transactions.
Sahara Group challenges SEBI's order to return investor funds with 15% interest. The case will be heard on July 4, 2011. Sahara criticizes SEBI for publicizing the order.
The National Consumer Commission ruled that builders must compensate buyers for delays in flat delivery, emphasizing that benefits from rising property prices go to purchasers.