Latest from our Real Estate Blog
Home Loans – Requirements and Eligibility
When you have made up your mind to take a home loan, it is important to note down all the eligibility conditions. You need to determine your repayment capacity and review your monthly income/surplus. The higher the monthly disposable income the higher the loan amount you can be
Different types of Home Loans in India
Home loans are a step to convert your dream property into reality. There are many types of loans available in India. Investing in house is always a safe and smart move. The value of land always grows and thus appreciation for the investment can be visibly seen within
Homebuyers can seek higher compensation than what is mentioned in agreement for delayed flat: National Commission
Recently, the Apex Consumer Court has passed an encouraging order for consumers whereby it held that builders can’t take advantage of the builder-buyer agreement to pay Rs. 5 per sq. feet per month as compensation for delay in handing over flats for unreasonable period. The buyers have the
A tale of three builders – Unitech, Amarpali and Jaypee and many many homebuyers
The months of August and September 2018 turned out to be a crucial time for three real estate giants – namely Unitech, Amrapali and Jaypee – as the Supreme Court passed orders against them in three different cases. That notwithstanding, the question remains: are homebuyers protected from errant
SC remands Jaypee matter to NCLT leaving homebuyers in an unresolved state
In a setback for the harassed homebuyers in Jaypee’s projects, the Supreme Court remanded the matter back to the National Company Law Tribunal (NCLT). While homebuyers are now upset considering no conclusive resolution is in sight, the SC has said that homebuyers should be included in the committee of creditors in
Case Study: PROVISIONS OF RERA WOULD BE APPLICABLE TO LONG TERM ‘LEASE AGREEMENTS’ by Lavasa WHERE SUBSTANTIAL INVESTMENT IS MADE: BOMBAY HIGH COURT
In a recent pronouncement, the Bombay High Court has held that provisions of the Real Estate (Regulation and Development) Act, would apply in case of agreements styled as ‘Agreement to Lease’ will apply in case of agreements styled as ‘agreement of lease’ when the lease period is long and
CONFLICT BETWEEN THE PROVISIONS OF INSOLVENCY AND BANKRUPTCY CODE, 2016 AND REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016
In recent years, multiple laws have been enacted to consolidate the various sectors and functioning of the country’s economy. Examples include Insolvency and Bankruptcy Code, 2016, Real Estate (Regulation and Development) Act, 2016 (RERA), and Goods and Services Tax Act, 2017. Quite inevitably, some provisions of the different laws are
If there are deficiencies in your flat, complain within 2 Years of possession
Any complaint against the builder must be made within 2 years of taking possession of the flat. If the buyer delays in filing of case against the builder for late delivery or other shortcomings in the flat, it is bound to be dismissed on
Case Studies: Flat buyers can unite as one party against builders under Section 12 of CPA Act
This article will showcase case studies on flat buyers who can unite as one party against builders under section 12 of CPA Act.In a major relief for aggrieved homebuyers, justices Dipak Misra, AM Khanwilkar and MM Shantanagoudar of the Supreme Court have ruled (in
Arbitration agreements cannot oust the jurisdiction of consumer forums
In a recent judgement, the Supreme Court affirmed that arbitration agreements cannot oust the jurisdiction of consumer forums. The order will benefit homebuyers who usually have an arbitration clause in their agreements with the real estate companies. Such clauses lay down that in cases of disputes, aggrieved consumers will have to
Bombay High Court repels builders’ challenge to Real Estate Regulation 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
Tennis star Sharapova charged with cheating and conspiracy
Five-time Grand Slam champion Maria Sharapova has been charged with cheating and conspiracy by Gurugram police. As per the complaint, Sharapova had endorsed a proposed luxury housing project in Gurugram that was later abandoned by the builders, duping hundreds of investors and buyers.
In 2012, Sharapova had launched
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
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
Sahara ordered to refund Rs 84 lakh to 12 homebuyers
The district consumer court in Pune has directed Sahara Prime City Limited, a project by Sahara India in Dhanori, to refund a total of Rs 84 lakh with 9 per cent per annum interest and Rs 5,000 cost to each of 12 homebuyers for deficient service.
Section 12 Consumer Protection Act – Legal Boost to Unionisation of Consumers
Corresponding with the increase in exploitation of flat buyers by several unscrupulous builders, a large number of buyers have commenced litigation against builders. Since it may be difficult to fight a builder alone, consumers have taken advantage of the provision under Section 12 (1) (b) of Consumer Protection
- Panel Discussion – Consumers Should Be Protected Through Strong Laws
- Is Artificial Intelligence a friend or foe?
- Home Loans – Requirements and Eligibility
- Different types of Home Loans in India
- In the memory of late Professor P.K. Ghosh
- Ombudsman Scheme for Digital Transactions (OSDT)
- Organic Foods – Can they all be termed ‘organic’?
- Report 4
- Report 3
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- Report 1
- Smart Products – a Boon or a Bane
- State Level Workshop for Sensitization Of Stakeholders to Support Tobacco Vendor Licensing Vijaywada, Andhra Pradesh
- City Level Workshop for Sensitization Of Stakeholders to Support Tobacco Vendor Licensing Tirupathi, Andhra Pradesh
- Classic Cornflakes Biscuit Recipe
- Importance of Travel Insurance for Overseas Travel for Students
- Indian Consumers: Arise, Awake To Urge Adaption Of Consumer Protection Bill
- Remembering Victims on WDR – OPEd in Financial Express by Parvesh Verma
- RERA – What, Who and How
- Homebuyers Are Not Allowed To Reap Benefits Of Their Own Delay In Taking Possession- Supreme Court
- Ordinance on Road Safety
- Things You Should Know About Pressure Washer Surface Cleaner
- Types of Surface Cleaners
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- NCLT DELHI INITIATES INSOLVENCY PROCESS AGAINST EMAAR MGF LAND
- Insolvency proceedings against real estate firm Emaar MGF Land
- Filing of ‘Class Action’ Consumer Complaints
- Filing of ‘Class Action’ Consumer Complaints
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- How to Choose Your TV Channels Wisely
- Pros and Cons of Surface Cleaners
- How to Find Health Insurance for International Student Travel
- Making the Smart Choice – Select the best surface cleaner
- Cornflakes – Your Morning Friend or Foe?
- From the Factory to the Bowl – The Process of making cornflakes
- Evidence for health benefits of non-sugar sweeteners weak
- Maggi controversy: SC revives government’s case against Nestle India in National Commission
- A curious case of erroneous verdicts, wrong interpretations and arzi-farzi proxy counsels
- Personal Income Tax Provisions for FY 2018–19
- City Level Workshop for Sensitization Of Stakeholders to Support Tobacco Vendor Licensing in Assam
- Does Your Food Claim Too Much?
- State Level Workshop for Sensitization Of Stakeholders to Support Tobacco Vendor Licensing Bhopal, Madhya Pradesh
- City Level Workshop for Sensitization Of Stakeholders to Support Tobacco Vendor Licensing in Madhya Pradesh
- Light of Hope for Consumers
- Road Safety Week 2019 – Sadak Suraksha – Jeevan Raksha
- Filing of ‘Class Action’ Consumer Complaints
- World Cancer Day
- World Consumer Rights Day 2019
- 10 Facts You Did Not Know About Instant Noodles
- City Level Workshops on Tobacco Control in Gujarat
- National Release of the “Big Tobacco Tiny Targets” Study
- Best butter for baking pound cake
- Importance of Wet Wipes
- What are chit funds?
- Doctors’ Duties, Consumers’ Fears and the laws in-between
- What’s Bad or Good About Instant Noodles?
- Importance of Packing of Butter
- How to Buy the Best Inverter
- Difference Between Solar Inverter and Normal Inverter
- Big Tobacco-Tiny Targets
- Salted or Unsalted Butter: Which Should I Use When?
- Differences between white butter and yellow butter?
- The Silver Leaf on Your Food – Is it safe for consumption?
- Ceramics in your home may cause cancer
- Food labels encourage healthier choices: Study
- Jet Airways to pay Rs 25,000 for changing flight without permission
- Maternity benefits not applicable only to live births
- What is E Payment and Types of E Payment Services
- Is it safe to shop online with a debit card?
- How to Use a Debit Card Online Safely: Debit Card Safety Tips You Mustn’t Ignore
- OP-Ed on Road Safety by Shri Baijayant Jay Panda
- Are Assured Return Schemes Likely To Be Declared Illegal By SEBI: Impact On Homebuyers And Builders
- Remedy Under RERA If No Builder-Buyer Agreement Is Executed
- Supreme Court Reiterates That Builders Can’t Force Buyers To Go For Arbitration Even After 2015 Amendment
- HRERA Gives Homebuyers Superior Right To Satisfy Claim
- State Level workshop for sensitization of stakeholders to support tobacco vendor licensing – Chennai, Tamil Nadu
- Jago Grahak Jago Youth Festival, 2018 – Event Update
- Six Positive Changes in New Consumer Protection Law Passed in Lok Sabha – An Analysis by Prof Sri Ram Khanna & Consumer Voice Team
- State level workshop for sensitization of stakeholders to support tobacco vendor licensing – Ahmedabad
- What are hand sanitisers?
- Internet banking – private or nationalised banks have better services ?
- Online Banking Guide: The Advantages and Disadvantages
- A Stitch in Time Saves Nine – The Urgent Need to Pass the MVA Bill before it is too late
- Should You Go for Front Loading or Top Loading Washing Machine
- Want to Save on Utility Bills? Here’s What You Can Do to Boost Energy Efficiency in Washing Machine
- Top Washing Machine Features in Demand Right Now
- 2017 witnessed a 3% decline in road accident death, though fatalities remain high
- Recent Verdicts from Consumer Forums across India
- Did you know that your health information is confidential?
- What are Marie Biscuits Made Of?
- What are Dietary Fibers and How They Make You Healthy?
- Chit Funds (Amendment) Bill, 2018 – What’s amended and what’s not
- Think before you clean your hand with that hand sanitiser
- Simple Tests to check Adulterated Sweets
- State Level workshop for sensitization of stakeholders to support tobacco vendor licensing in Assam
- Liquid Mutual Fund – Buying Guide
- Home Buyers Entitled for Interest on Refund Even After Accepting Refund: National Commission
- Consumer VOICE Press Release on Road Safety 2018
- PDF Testing
- Supreme Court Warned State Governments For Non-Appointment Of Lokyukta/Uplokayukta