Yes, indeed, cases of developers suing homebuyers are rare but there are instances when such a thing has happened. It would be interesting to note that homebuyers can also be sued on numerous grounds. For starters, it must be understood that homebuyers must clear all the installments as stated in […]
The COVID-19 pandemic affected the residential property market during the April-June period last year but sales have improved in affordable homes segment since July onwards, reflecting economic recovery in the real estate sector, according to the Economic Survey. The National Housing Bank’s (NHB) Housing Price Indices (HPIs) are a broad measure of movement […]
Maharashtra government’s decision to reduce real estate premium by half is expected to generate economic activity worth Rs 10 lakh crore in MMR, real estate industry body Credai MCHI has said. CREDAI MCHI also estimates that the premium reduction will help residential real estate new launches make a comeback in […]
Hit hard by the Covid pandemic and the subsequent lockdowns, the nation’s real estate sector is betting big on this year’s budget for revival of fortunes. Given that the sector contributes more than 8% to the Indian economy, it has justifiable expectations from the Budget 2021. Industry experts say this […]
