Jun 24, 2019 01:15 PM IST
In a letter addressed to PM Modi and FM Nirmala Sitharaman, homebuyers have appealed to the government to direct IDBI Bank and NBCC to resolve their differences on the resolution plan.
- Jun 24, 2019 12:22 PM IST
In its Budget recommendation to the FM, Forum For People's Collective Efforts also demanded that homebuyers should be categorised as primary secured creditors.
- Jun 18, 2019 08:46 AM IST
The National Anti-Profiteering Authority has directed the builder to pass on the benefit of the profiteered amount to the applicant, buyers and the land owner along with interest at 18 percent.
- Jun 17, 2019 05:55 PM IST
There needs to be more direct benefits for buyers by way of reduction in income tax slabs, higher relief on housing loan rates, and an increase in the deduction limit under Section 80C from the current Rs 1.5 lakh a year, said experts.
- Jun 14, 2019 11:20 PM IST
Homebuyers’ demanded an assurance from the chief minister that incomplete homes are delivered and that his government implement the recommendations made by a high-level committee of UP state and central government.
- Jun 11, 2019 12:46 PM IST
Recent rulings by National Anti-Profiteering Agency have made it clear that citing practical difficulties for inability in passing on the profits is not acceptable to authorities. Profit, if accrued, needs to be passed on
- Jun 10, 2019 04:03 PM IST
Improved connectivity and infrastructure, flexible talent pool and cheaper land availability have led to the growth of the home loan market in tier-II and tier-III cities, the report said.
- Jun 10, 2019 02:00 PM IST
NCLAT also directs the committee of creditors not to finalise rejection of the NBCC bid without the court's consent.
- Jun 06, 2019 04:23 PM IST
Real gains for the rate cut can only be realised if banks pass on the benefits to borrowers. The apex bank will need to ensure that this actually happens at the ground leve, feel experts.
- Jun 04, 2019 05:03 PM IST
Shubhkamna Buildwell & Estates Pvt. Ltd had launched the housing project for retired and serving government employees in 2014 and promised to deliver over 800 flats within three years.
- Jun 04, 2019 02:46 PM IST
The poll by Magicbricks revealed that 72 percent homebuyers would like to file a RERA complaint in case of delay in possession while 19 percent would opt for a refund.
- Jun 04, 2019 12:56 PM IST
While some realtors have moved against homebuyers for non-payment of dues, others have filed complaints against authorities for not issuing completion certificates on time.
- May 31, 2019 07:37 PM IST
The voting on the NBCC bid began at noon on May 31 and is expected to continue for ten days until June 10.
- May 30, 2019 03:34 PM IST
The voting will be held from May 31 to June 10, sources said.
- May 30, 2019 12:55 PM IST
Homebuyers' groups help gain insights into how others have achieved success. It is a platform buyers can approach for resources and support to fight their battle.
- May 29, 2019 05:54 PM IST
At present, RERA allows any engineer, architect and chartered accountant in practice to provide the required certifications. This exposes the process to some amount of stakeholder influence
- May 27, 2019 09:24 PM IST
The 12th committee of creditors meeting to take place on May 30, post which the resolution plan may be put to vote on May 31, sources said
- May 24, 2019 09:34 PM IST
The 12th committee of creditors meeting expected to take place on May 30, post which the resolution plan may be put to vote on May 31.
- May 24, 2019 07:53 PM IST
UP RERA decided to deregister the project after it found serious financial irregularities and cases of double allotment.
- May 22, 2019 09:37 AM IST
The reason why hassled home buyers seem to have complete faith in the company is because it is a government enterprise
- May 17, 2019 02:28 PM IST
Directs lenders to conduct fresh voting from May 31.
- May 17, 2019 01:09 PM IST
NCDRC has held that buyers can seek refund even if RERA has taken over the project.
- May 16, 2019 06:19 PM IST
The e-voting started at 12 pm and will end on May 19 at 8 pm, sources said, adding the results will be declared on May 20.
- May 16, 2019 08:34 AM IST
The UP RERA authority promises to look into the matter.
- May 14, 2019 10:21 PM IST
The voting process would start on Thursday at 9 am and end on Sunday at 5 pm