The Supreme Court directed Lodha Crown Buildmart to reimburse a homebuyer ₹2.25Cr with 12% interest for a delayed apartment in Lodha Evoq, Wadala, overturning NCDRC's order.
MahaRERA has issued recovery warrants worth Rs 633 crore against errant builders in Mumbai, Pune, and Thane to protect homebuyers' investments.
The government is linking e-courts with land registration databases to help buyers identify disputed properties and streamline property transactions nationwide.
BRERA urges government to form a team to help homebuyers recover dues or get possession from defaulting real estate companies.
Noida Authority reveals 50 developers haven't paid dues, causing a Rs. 3,000 crore loss. The authority plans to amend the 2008 scheme that allowed 10% upfront payment for land, intending to recover the substantial losses.
The Allahabad High Court has dismissed a review petition by Noida and Greater Noida authorities regarding NCR Planning Board approvals, delaying flat possessions. Relief for buyers as villagers' petition to quash land acquisition fails.