BENGALURU: The National Consumer Disputes Redressal Commission (NCDRC) has ordered city-based ND Developers to refund home buyers’ money plus 9% interest for failing to deliver the flats on time. On March 31, 2011, more than 50 homebuyers decided to book flats at ND Laurel, a housing project at Gunjur, near Varthur in Bengaluru East, according […]
NCDRC orders ND Developers to refund homebuyers for delivery delays.more
On May 31, 2021, online real estate portal Housing.com and the global business school Indian School of Business (ISB) announced the launch of their Housing Pricing Index (HPI), which will assist potential homebuyers in determining the best time to buy a property and sellers in determining the best time to sell their assets. Homebuyers, investors, […]
Pricing index for housing launched to help homebuyers make informed purchase decisions.more
Despite the arrival of Coronavirus, the economy is still the first choice for real estate investment. According to a report jointly released by Housing.com and the National Real Estate Development Council (NAREDCO) Concerned YET POSITIVE – The Indian Real Estate Consumer (April – May 2020), real estate still remains the preferred method of investment. […]
Real estate is still the first choice of Indians – Realty Quartermore
Though the lockdown hasn’t prevented queries regarding new houses, developers at Hyderabad say most prospective customers are now calling with additional requests — from a higher discount rate of somewhere between 15% and 20% to compensation schemes, if they want to withdraw the deal later on. Another common request: relaxation in payment schedules. “We get […]
Homebuyers demand an additional discount along with ease payment schedules.more
Zooming through numerous webinars on the revival of real estate sector one should have noted that prominent recommendations included goods and services tax (GST) input credit, a reduction in GST rates, a reduction in municipal charges, limited period zero stamp duty, etc. to revive the industry. There is no question that several of these steps […]
Can a government relief really going to revive the real estate sector?more
Written by Mr Apurva Gupta, Chief Marketing Officer, Rivali Park CCI Projects India’s escalating residential sector is one of the highest suppliers to the country’s total carbon releases that is to account for 22% of India’s over-all annual carbon releases. Buildings account for up to forty percent of the whole energy consumption in India, of which […]
The emergence of sustainability in the ambit of Real Estatemore It’s been over a decade since these NRIs paid in crores to get their dream house. They were looking to live the rest of their lives there. And that’s why they paid their hard-earned money to Emaar projects in Hyderabad near Hitec City that offered them excellent villas and apartments. Now, after a decade of crushing […]
Homebuyers approach NCLT claiming Emaar Company as an insolvent.more
After two years on the run and changing around a dozen SIM cards, a 51-year-old developer was arrested on Wednesday from Andheri area by the city economic offences wing (EOW) police, where he was staying in a rented flat. The accused, who is embroiled in five cases, had offered flats in the saleable portion of […]
Developer held in cheating nearly 80 flat buyers in Mumbai.more
On 24 February, the city police registered an FIR against five real estate developers, including a member of the Bharatiya Janata Group MP, following complaints from Gurugram’s District Town and Country Planning (DTCP) Department. These developers couldn’t provide the residents with basic amenities. R.S. Baat, DTCP head, said the FIRs were registered in violation of […]
DTCP registers FIRs against five builders who were unable to provide basic amenities to residents.more
In order to make home buyers buy property easily by reputable developers, The Confederation of Real Estate Developers’ Association of India (CREDAI) has launched an application. The app helps buyers to find their preferred projects and directly contact developers. The app was launched by Chattisgarh RERA Chief Vivek Dhand and by Minister of Transport, Housing […]
CREDAI launches Awaas app to help buyers find their desired property.more