Supreme Court On Homebuyers
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"You Are Responsible": Top Court Raps Greater Noida Authority Over Homebuyers' Plight
The Supreme Court on Tuesday asked the Greater Noida Industrial Development Authority to submit a proposal for grievance redressal and imposed Rs 5 lakh cost on it for failing to file a timely response.
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"Buyers Defrauded By Builders, Need For Uniformity Now": Supreme Court
Homebuyers in the country are being defrauded, necessitating the need to bring uniformity in builder-buyer agreements, the Supreme Court observed on Monday.
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Unitech Homebuyers Who Are Senior Citizens Get A Chance To Seek Refund
The Supreme Court on Wednesday gave an opportunity to the Unitech homebuyers who are senior citizens above 75 years of age, fixed deposit holders, and persons in urgent medical need to seek a refund of the amount deposited for their flats.
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On Unitech Homebuyers' Money Stashed In Cyprus, Probe Agency Asked To Reply
The Supreme Court on Wednesday asked the Enforcement Directorate (ED) to file a status report on steps taken to bring back Unitech Ltd homebuyers' money amounting to Rs 5,000 crorewhich has been siphoned off and stashed in a tax haven like Cyprus.
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Will Protect Homebuyers' Interest In Supertech Case: Supreme Court
The Supreme Court on Monday assured that it will protect the interest of homebuyers in Supertech's twin tower in view of the Interim Resolution Professional (IRP) appointed in the insolvency proceedings against the real estate company.
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Ensure Every Amrapali Home Buyer Gets Flat, Says Supreme Court
The Supreme Court on Monday said its number one priority is to ensure that every Amrapali homebuyer gets a flat.
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Home Buyers See Hope In Supreme Court's Direction On States' RERA Rules Implementation
Homebuyers expect the implementation of realty law RERA to improve following the Supreme Court's recent direction to Centre to study states' rules
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Refund With Interest Homebuyers Of To-Be-Razed Towers: Supreme Court
The Supreme Court on Friday directed the realty major Supertech Ltd to refund the money with interest to all home-buyers, who have booked flats in now to be razed 40-storey twin towers of Emerald Court project by February 28.
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"Want Lassi And Malai Too": Supreme Court Slams Amrapali Buyers Over Dues
Homebuyers who want their flats completed in stalled projects of the troubled Amrapali Group projects in Noida and Greater Noida must pay their dues, or else their allotment could be cancelled, the Supreme Court said on Friday.
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Restructure Amrapali Homebuyers' Loans, Release Dues: Top Court To Banks
In a relief for thousands of home-buyers stuck with incomplete projects of embattled realty developer Amrapali Group, the Supreme Court on Wednesday directed banks and other financial institutions to restructure loans declared as non-performing assets. The top court said the lenders will have to release the amount to home-buyers as per Reserve Bank...
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Supreme Court Warns Amrapali Homebuyers On Payment Dues
The top court cleared the modalities by which the homebuyers can be put to notice for clearing outstanding amounts.
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Special Cell To Deal With Cases Of Amrapali Homebuyers Supreme Court Told
On July 23, the top court cancelled the real estate company Amrapali Group's RERA's licence and appointed NBCC to complete all pending projects.
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Supreme Court Upholds Homebuyers' Rights As Financial Creditors Under Insolvency Laws
In a major setback for property developers, the Supreme Court on Friday upheld the amendments to the Insolvency and Bankruptcy Code, granting homebuyers the status of financial creditors. The top court said the move does not infringe the rights of property developers. The Supreme Court also said homebuyers enjoy the same rights as financial credito...
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Top Court Orders Action Against Amrapali, Provides Relief To Homebuyers: 10 Points
All unfinished housing projects of real estate group Amrapali, which has been accused of fraud, will be taken over by state-run National Buildings Construction Corporation (NBCC), the Supreme Court said in a landmark judgement on Tuesday. The verdict brings big relief for more than 42,000 homebuyers who had sought possession of flats booked in Amra...
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Working On "Uniform Proposal" To Address Homebuyers' Grievances: Government
The top court had on asked the Centre to come out with a uniform proposal for all cases to resolve the difficulties being faced by lakhs of home buyers
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"You Are Responsible": Top Court Raps Greater Noida Authority Over Homebuyers' Plight
The Supreme Court on Tuesday asked the Greater Noida Industrial Development Authority to submit a proposal for grievance redressal and imposed Rs 5 lakh cost on it for failing to file a timely response.
-
"Buyers Defrauded By Builders, Need For Uniformity Now": Supreme Court
Homebuyers in the country are being defrauded, necessitating the need to bring uniformity in builder-buyer agreements, the Supreme Court observed on Monday.
-
Unitech Homebuyers Who Are Senior Citizens Get A Chance To Seek Refund
The Supreme Court on Wednesday gave an opportunity to the Unitech homebuyers who are senior citizens above 75 years of age, fixed deposit holders, and persons in urgent medical need to seek a refund of the amount deposited for their flats.
-
On Unitech Homebuyers' Money Stashed In Cyprus, Probe Agency Asked To Reply
The Supreme Court on Wednesday asked the Enforcement Directorate (ED) to file a status report on steps taken to bring back Unitech Ltd homebuyers' money amounting to Rs 5,000 crorewhich has been siphoned off and stashed in a tax haven like Cyprus.
-
Will Protect Homebuyers' Interest In Supertech Case: Supreme Court
The Supreme Court on Monday assured that it will protect the interest of homebuyers in Supertech's twin tower in view of the Interim Resolution Professional (IRP) appointed in the insolvency proceedings against the real estate company.
-
Ensure Every Amrapali Home Buyer Gets Flat, Says Supreme Court
The Supreme Court on Monday said its number one priority is to ensure that every Amrapali homebuyer gets a flat.
-
Home Buyers See Hope In Supreme Court's Direction On States' RERA Rules Implementation
Homebuyers expect the implementation of realty law RERA to improve following the Supreme Court's recent direction to Centre to study states' rules
-
Refund With Interest Homebuyers Of To-Be-Razed Towers: Supreme Court
The Supreme Court on Friday directed the realty major Supertech Ltd to refund the money with interest to all home-buyers, who have booked flats in now to be razed 40-storey twin towers of Emerald Court project by February 28.
-
"Want Lassi And Malai Too": Supreme Court Slams Amrapali Buyers Over Dues
Homebuyers who want their flats completed in stalled projects of the troubled Amrapali Group projects in Noida and Greater Noida must pay their dues, or else their allotment could be cancelled, the Supreme Court said on Friday.
-
Restructure Amrapali Homebuyers' Loans, Release Dues: Top Court To Banks
In a relief for thousands of home-buyers stuck with incomplete projects of embattled realty developer Amrapali Group, the Supreme Court on Wednesday directed banks and other financial institutions to restructure loans declared as non-performing assets. The top court said the lenders will have to release the amount to home-buyers as per Reserve Bank...
-
Supreme Court Warns Amrapali Homebuyers On Payment Dues
The top court cleared the modalities by which the homebuyers can be put to notice for clearing outstanding amounts.
-
Special Cell To Deal With Cases Of Amrapali Homebuyers Supreme Court Told
On July 23, the top court cancelled the real estate company Amrapali Group's RERA's licence and appointed NBCC to complete all pending projects.
-
Supreme Court Upholds Homebuyers' Rights As Financial Creditors Under Insolvency Laws
In a major setback for property developers, the Supreme Court on Friday upheld the amendments to the Insolvency and Bankruptcy Code, granting homebuyers the status of financial creditors. The top court said the move does not infringe the rights of property developers. The Supreme Court also said homebuyers enjoy the same rights as financial credito...
-
Top Court Orders Action Against Amrapali, Provides Relief To Homebuyers: 10 Points
All unfinished housing projects of real estate group Amrapali, which has been accused of fraud, will be taken over by state-run National Buildings Construction Corporation (NBCC), the Supreme Court said in a landmark judgement on Tuesday. The verdict brings big relief for more than 42,000 homebuyers who had sought possession of flats booked in Amra...
-
Working On "Uniform Proposal" To Address Homebuyers' Grievances: Government
The top court had on asked the Centre to come out with a uniform proposal for all cases to resolve the difficulties being faced by lakhs of home buyers
