The total developable area in this project is 8.5 lakh square feet
Intermittent rainfall led to waterlogging that caused traffic jams at multiple stretches in the city.
The comedian, who has criticised the BJP-led NDA government over a number of issues in the past, proclaimed himself as "a bigger Hindu" than the VHP as he doesn't earn his living by fearmongering and issuing threats.
As many as 30 homebuyers had filed a complaint against Raheja Developers Limited seeking refund of the entire amount collected from them towards consideration of the units along with interest on the ground of delay in construction of the project.
After work on the project stopped in two phases in 2017 and in the entire project two years later, the buyers knocked on the doors of every legal forum – the National Consumer Disputes Redressal Commission of India (NCDRC), the Haryana RERA, and the NCLT.
Terms the new construction as “a clear deficiency of service”; 300 buyers of M3M Merlin of Sector 67, Gurugram, had filed the complaint; the order also provides relief on IFMS, excess EDC/IDC collected, and poor quality of construction.
Insolvency proceedings against Vipul Ltd were withdrawn in 2020 and Tulip Infratech took over the incomplete mixed-use project in 2021
"We want them to return the money invested along with 15% interest, registration charges paid, interior costs, and Rs 25 lakh as compensation for the mental agony caused to us and our families," the homebuyers say.
Homebuyers welcome the move and express hope it won't be an "eyewash" like the structural audit carried out by IIT-Delhi
The dispute dates back to 2016 and entails allegations and counter-allegations of wrongdoing by M3M and MGF.
Two Uber users in Delhi and Gurgaon were delighted to see the company’s India and South Asia President Prabhjeet Singh at the wheel.
The move "only applies to transactions between the said developer and first-time buyers and not on third party transactions," the order said.
The collapse of an apartment block at Chintels Paradiso that killed two people has forced 36 families out of their homes. In another housing complex, 140 families have to move out as their apartments are unsafe to live in. The families are desperate and angry—these flats are barely five years old
The woman, Srishti, had gone to Raasta, a restaurant in Gurgaon’s bustling CyberHub, with a friend and her family on Friday. She said the staff refused to give them a table inside, and after a heated argument, said that they could sit outside.
The collapse highlighted the potential risks of moving into a property, whether old or new. Moneycontrol brings you a primer on the things to watch out for.
Absence of regulatory oversight, a puzzling medley of land rules, diversion of money paid by homebuyers to unscrupulous builders, supply that outpaced demand, a credit crunch and collapsing returns have contributed to NCR becoming the location of more abandoned housing projects than any other part of India.
Under this partnership, Haryana will have the first digital RERA Court which will help execute and perform end-to-end Dispute Resolution Mechanism online.
“I thought broken bones are better than getting lost. And I jumped out of the moving auto. I don’t know how I got that courage,” the Gurgaon woman said.
The application under Section 7 of the IBC Code, 2016 was filed by The Vilas Condominium Association consisting of homebuyers having 327 units who had alleged that the amount of Interest-Bearing Maintenance Security (IBMS) collected from them has not been refunded to them.
The store is expected to open in January 2022; This is the company's second store in Haryana
While construction will start in early 2022, the new meeting place is expected to generate more than 2,500 jobs and will contribute to further growth of organised retail in India.
The consumer court says that buyers who had made substantial payment towards their flats cannot be penalised for the builder’s inability to collect payments from other flat buyers due to which the project was delayed.
It may lead to an increase in commercial office and industrial space requirements in the adjoining locations of Noida and Rajasthan as businesses might look to relocate in the medium term.
The projects to be launched in November would comprise low rise condos priced Rs 75 lakh to Rs 1.5 crore and is targeted at millennials
The principal architects of the project are Delhi-based Morphogenesis. The company has also built the first completed commercial project in Sector 114, Gurugram -Chintels Corporate Park.