Tag: #Builder

High Court

According to the court, even though CHS has a panel, the builder is responsible for shoddy construction.

August 27, 2021

A session’s court decided in favour of a Bhandup CHS and affirmed a lower court judgment on a complaint against the builder for inadequate building, observing that simply because a society’s operations are handled by committee members, a builder cannot exonerate himself in case of bad construction. The magistrate had properly noted, according to the […]

According to the court, even though CHS has a panel, the builder is responsible for shoddy construction.more
Home loan insurance

The importance of Title insurance, how does it help a housing society?

December 2, 2019

What is Title Insurance? To protect the buyer of the property, be it a house, land or even a developer who buys land, an insurance company agrees to compensate the purchaser against any loss caused by a defect in the title of the seller in the property. Under title insurance, you will be paid by […]

The importance of Title insurance, how does it help a housing society?more
Financial crisis

Investment: How to avoid stalled project risk and evaluate the financial health of a developer’s project?

November 29, 2019

Despite India’s property sector being subjected to delayed and stalled housing projects, home buyers are in the need of checking the financial health of a builder, so as to prevent any uncertainty about its completion. “To avoid risks later it is extremely important for a buyer to verify a project’s financial health. See the company […]

Investment: How to avoid stalled project risk and evaluate the financial health of a developer’s project?more
construction

New projects growth declines from 220% to 20% – Mumbai.

July 10, 2019

By Abhay Shah, Realty Quarter The property market doesn’t look like picking lost portions and the land still looks brittle. The Knight Frank India report shows that housing units sold (in Mumbai) have increased by 4% in the H1 2019 to 33,731 from 32,412 in the H1 2018 period, for the period January – June 2019, in eight […]

New projects growth declines from 220% to 20% – Mumbai.more
Mr Neh Srivastava, Under Secretary, Ministry of Home Affairs and President, CSSOS

New tax regime for buyers with completion certificate; flexibility to opt for lower GST sans ITC

July 4, 2019

By- Mr Neh Srivastava Under Secretary, Ministry of Home Affairs and President, CSSOS With elections done and dusted, the Central Board of Indirect Taxes and Customs (CBIC) is moving ahead with its plan to implement its 12 per cent GST order on balance amount due to the builders. As per the order, Home buyers who have been granted completion […]

New tax regime for buyers with completion certificate; flexibility to opt for lower GST sans ITCmore
Runwal Pinnacle - Mulund West

Runwal Group to create an exceptional living experience in Mumbai.

July 1, 2019

Launches the tallest towers in Central Suburbs – “Runwal Pinnacle” at Mulund. Mumbai, June 28th, 2019: Runwal Group, one of Mumbai’s leading real estate developers today announced the launch of its new project “Runwal Pinnacle” at Mulund West, Mumbai. Runwal Pinnacle will not only feature the tallest towers in Mulund, but will also provide breathtaking views of Airoli […]

Runwal Group to create an exceptional living experience in Mumbai.more
Digitisation of land

Digitisation of land records will bring transparency in property price.

June 24, 2019

By Abhay Shah, Realty Quarter Digitisation is a method that influences every sector and transforms it. As we enter the fourth stage of the industrial revolution, where digital technologies are deployed to shift our lifestyle from transport to health and education. Digitalisation also transforms the property industry in terms of construction, property governance, advertising and […]

Digitisation of land records will bring transparency in property price.more
MahaRERA

Omkar Ananta’s residents are looking for MahaRERA to intervene against VGS Realty Construction

May 24, 2019

By Abhay Harish Shah, Realty Quarter How will you feel when you see your future flat blueprint to be great but in real builder doesn’t fulfil all the said commitments? As a buyer, you will feel cheated right? A similar kind of case happened at Goregaon East where a Residents of a 31 storey tower […]

Omkar Ananta’s residents are looking for MahaRERA to intervene against VGS Realty Constructionmore

Residents of Thakur Village complained against Raheja Universal for forcefully taking over car parking area – Mumbai.

May 21, 2019

By Abhay Harish Shah, Realty Quarter Thakur Village, Kandivali, residents of an elegant building alleged the builder had forcefully seized the parking slots despite a civil court’s residency order to use/sell the disputed parking spaces. They even complained to the police of Samata Nagar that Raheja Universal Private Limited was acting in disregard of the court since […]

Residents of Thakur Village complained against Raheja Universal for forcefully taking over car parking area – Mumbai.more
Bombay High Court logo

Bombay High Court Declares Builder cannot delay transfer of society after OC is given.

May 20, 2019

By Abhay Harish Shah , Realty Quarter Occupancy Certificate is a significant report which shows that the structure was built in accordance with acceptable plans and local legislation. After ensuring that all local regulations are complied with, the local municipal company issues this paper. The builder shall receive the certificate of occupancy. Many financial institutions […]

Bombay High Court Declares Builder cannot delay transfer of society after OC is given.more