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No Coercive Action Against Delhi Home Buyers Over EMI Payment By Banks, Builders: Supreme Court
In a major relief for home buyers who have not got possession of their flats across the National Capital Region (NCR), the Supreme Court has directed that no coercive action shall be taken against them by banks, financial institutions or builders
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Man Cheats 30 On Pretext Of Selling Flats Under Delhi Housing Scheme, Arrested
A 38-year-old man, accused of allegedly inducing home buyers on the pretext of providing flats in the proposed projects under the guise of a purported DDA-approved land pooling policy, was arrested by the Economic Offences Wing of Delhi Police.
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High Court Asks Supertech To Pay Rs 40 Lakh To Homebuyer By October End
Delhi High Court asked realtor Supertech to pay Rs 40 lakh by the end of October to a home buyer, who has filed a complaint about the delay in giving possession of a villa in Yamuna Expressway Industrial Development Area
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High Court Extends Interim Bail Of Unitech Promoter Sanjay Chandra On Medical Grounds
The Delhi High Court today extended the interim bail of Unitech promoter Sanjay Chandra, who was arrested for allegedly cheating home buyers, till January 21 on medical grounds.
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Unitech Promoter's Plea To Allow Blanket Order On Physical Presence Refused
The Delhi High Court has refused to pass a blanket order on a plea by Unitech MD Sanjay Chandra, who is lodged in Tihar Jail for allegedly cheating home buyers, seeking to permit him to be produced physically before the meditation centre here to settle disputes.
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The Crisis That Shattered India's Economic Dreams
A sprawling 1,063-acre property development located in Noida, just outside New Delhi, Wish Town was supposed to give would-be home buyers sparkling shopping malls, pristine golf courses and modern medical clinics. Apartments that should have been delivered by 2012 were billed in the media as "global homes with an Indian address."
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Unitech Directors' Assets To Be Sold To Repay Home Buyers, Says Top Court
The Supreme Court on Tuesday directed a panel headed by former Delhi High Court judge Justice SN Dhingra to go ahead with sale of unencumbered assets of the directors of real estate major Unitech Ltd to refund money to hassled home buyers.
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Cop Arrested For Alleged Bribery, Case Filed Against Unitech Founder
A case was filed against Ramesh Chandra, the founder of real estate firm Unitech Ltd, as a Delhi police officer and an advocate were arrested in a case of bribery, reported news agency Press Trust of India. Unitech has been accused of cheating by home buyers. It has been ordered by the Supreme Court to compensate buyers who have been waiting for ye...
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Parsvnath Builders Asked To Compensate Home Buyer For Delay
The Delhi State Consumer Disputes Redressal Commission also asked Parsvnath Developers Ltd to refund Rs 46,28,933 to Varun Dev, who had paid the amount for a flat in Ghaziabad.
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Xiaomi Redmi 4 With Snapdragon 435 Launched in India, Price Starts at Rs. 6,999
Xiaomi Redmi 4 price in India, availability, and launch offers have been revealed at the company's launch event in New Delhi on Tuesday.
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Top Court Stays Delhi High Court Order On Unitech's Meet With Home Buyers
Investors have told the court that they had paid money to the firm on time and the company was scheduled to hand over the possession of flats in 2012, but has not done so.
-
High Court Allows Unitech To Open Special Accounts For Finishing Projects
The Delhi High Court has granted an opportunity to beleaguered real estate major Unitech Ltd to complete its delayed housing projects and hand over possession of flats to buyers by opening escrow accounts and using the money deposited in them solely for these projects.
-
DDA Housing Scheme 2016: 12,000 Flats To Be On Offer in Diwali Bonanza
Delhi Development Authority's Housing Scheme 2016 with 12,000 flats on offer is likely to be launched around Diwali, in what could be a festive bonanza for home buyers.
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Property prices in Mumbai, Delhi highly overvalued: analysts
After years of double-digit growth, house price rises in major Indian cities are expected to slow to just under 8 percent next year as a cooling economy and rising interest rates deter new buyers, a Reuters poll showed.
-
No Coercive Action Against Delhi Home Buyers Over EMI Payment By Banks, Builders: Supreme Court
In a major relief for home buyers who have not got possession of their flats across the National Capital Region (NCR), the Supreme Court has directed that no coercive action shall be taken against them by banks, financial institutions or builders
-
Man Cheats 30 On Pretext Of Selling Flats Under Delhi Housing Scheme, Arrested
A 38-year-old man, accused of allegedly inducing home buyers on the pretext of providing flats in the proposed projects under the guise of a purported DDA-approved land pooling policy, was arrested by the Economic Offences Wing of Delhi Police.
-
High Court Asks Supertech To Pay Rs 40 Lakh To Homebuyer By October End
Delhi High Court asked realtor Supertech to pay Rs 40 lakh by the end of October to a home buyer, who has filed a complaint about the delay in giving possession of a villa in Yamuna Expressway Industrial Development Area
-
High Court Extends Interim Bail Of Unitech Promoter Sanjay Chandra On Medical Grounds
The Delhi High Court today extended the interim bail of Unitech promoter Sanjay Chandra, who was arrested for allegedly cheating home buyers, till January 21 on medical grounds.
-
Unitech Promoter's Plea To Allow Blanket Order On Physical Presence Refused
The Delhi High Court has refused to pass a blanket order on a plea by Unitech MD Sanjay Chandra, who is lodged in Tihar Jail for allegedly cheating home buyers, seeking to permit him to be produced physically before the meditation centre here to settle disputes.
-
The Crisis That Shattered India's Economic Dreams
A sprawling 1,063-acre property development located in Noida, just outside New Delhi, Wish Town was supposed to give would-be home buyers sparkling shopping malls, pristine golf courses and modern medical clinics. Apartments that should have been delivered by 2012 were billed in the media as "global homes with an Indian address."
-
Unitech Directors' Assets To Be Sold To Repay Home Buyers, Says Top Court
The Supreme Court on Tuesday directed a panel headed by former Delhi High Court judge Justice SN Dhingra to go ahead with sale of unencumbered assets of the directors of real estate major Unitech Ltd to refund money to hassled home buyers.
-
Cop Arrested For Alleged Bribery, Case Filed Against Unitech Founder
A case was filed against Ramesh Chandra, the founder of real estate firm Unitech Ltd, as a Delhi police officer and an advocate were arrested in a case of bribery, reported news agency Press Trust of India. Unitech has been accused of cheating by home buyers. It has been ordered by the Supreme Court to compensate buyers who have been waiting for ye...
-
Parsvnath Builders Asked To Compensate Home Buyer For Delay
The Delhi State Consumer Disputes Redressal Commission also asked Parsvnath Developers Ltd to refund Rs 46,28,933 to Varun Dev, who had paid the amount for a flat in Ghaziabad.
-
Xiaomi Redmi 4 With Snapdragon 435 Launched in India, Price Starts at Rs. 6,999
Xiaomi Redmi 4 price in India, availability, and launch offers have been revealed at the company's launch event in New Delhi on Tuesday.
-
Top Court Stays Delhi High Court Order On Unitech's Meet With Home Buyers
Investors have told the court that they had paid money to the firm on time and the company was scheduled to hand over the possession of flats in 2012, but has not done so.
-
High Court Allows Unitech To Open Special Accounts For Finishing Projects
The Delhi High Court has granted an opportunity to beleaguered real estate major Unitech Ltd to complete its delayed housing projects and hand over possession of flats to buyers by opening escrow accounts and using the money deposited in them solely for these projects.
-
DDA Housing Scheme 2016: 12,000 Flats To Be On Offer in Diwali Bonanza
Delhi Development Authority's Housing Scheme 2016 with 12,000 flats on offer is likely to be launched around Diwali, in what could be a festive bonanza for home buyers.
-
Property prices in Mumbai, Delhi highly overvalued: analysts
After years of double-digit growth, house price rises in major Indian cities are expected to slow to just under 8 percent next year as a cooling economy and rising interest rates deter new buyers, a Reuters poll showed.
