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Latest from our Real Estate Blog

Pradhan Mantri Awas Yojana

This central government initiative has the rallying cry of ‘housing for all by 2022. Something of this scale and sweep necessarily involves partnering with various implementing agencies. As for beneficiaries, there are clear eligibility criteria and processes for getting the loan which they should be aware of.
Pradhan

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Bombay High Court repels builders’ challenge to RERA Act

The new judgement by the Bombay High Court upholding the constitutional validity of the RERA Act or Real Estate (Regulation and Development) Act, 2016 rhas brought cheer to the thousands of homebuyers staring at uncertainty due to unfinished and delayed building projects all over India. The parliament had

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Supreme Court cautions Unitech homebuyers: Consumers Don’t Expect to Profit from Your Loss

The dispute between homebuyers and real estate players has now skewed in favour of homebuyers, thanks to various Supreme Court judgements. The apex court acknowledges the suffering that homebuyers are going through for not receiving the possession of their flats. At the same time, it is important to

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Supreme Court cautions Unitech real estate home buyers: Consumers Don’t Expect to Profit from Your Loss

The dispute between home buyers and real estate players has now skewed in favour of home buyers, thanks to various Supreme Court judgement. The apex court acknowledges the suffering that home buyers are going through for not receiving the possession of their flats. At the same time, it is important

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Relief for Buyers as Supreme Court stays Insolvency Proceedings Against Jaypee

Here is some relief for home buyers of Jaypee Infratech as the Supreme Court on September 4th, 2017 stayed the insolvency proceedings against Jaypee Infratech after the judgment passed by National Company Law Tribunal, Allahabad at the instance of IDBI Bank Limited. Being unsecured creditors as opposed to

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Builders can’t force buyers to go for arbitration or mediation

Here is some good news for buyers of real estate property. India’s Apex Court has ruled that real estate players cannot force buyers to settle their disputes through arbitration by stopping them from approaching consumer forums.  It is a well settled law that arbitration agreements do not bar

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