Year: 2020

Supreme Court ClarifiesThat Builder – Buyer Agreement Would Be Considered The Flat Allotment Date And Not When Project Gets RERA Registered

Providing relief to thousands of homebuyers, the Supreme Court has ruled that the period of allotment of a housing unit to a homebuyer has to be considered from the date of the builder-buyer agreement and not from the date of registration of the project under the Real Estate (Regulation and […]

Homebuyers Can Move To Consumer Courts For Refunds, Compensation For Delays Despite RERA: Supreme Court

In a victory of sorts for homebuyers, the Supreme Court has made it clear that buyers can still approach the consumer forum for redressal, including refund and compensation from real estate firms, for delay in handing over possession of their homes, despite the enactment of Real Estate (Regulation and Development) […]

Metro Will Shoot Housing Demand On Kanakapura Road In Bangalore

With the Kanakapura Road (Yelachenahalli-Anjanapura) section of Namma Metro likely to be operational November-end, the real estate sector is expected to get a boost. Real estate consultants say Metro connectivity to Kanakapura Road is likely to push up housing demand, especially among those looking for affordable options on the city’s […]