NCDRC Allows Homebuyers To Seek Full Refund From The Builders

First Published @ May 20, 2019 5:05 pm In  a  major  relief  to  lakhs  of  aggrieved  home buyers, the  National Consumer  Disputes  Redressal  Commission  (NCDRC)  in  its  order  has ruled  that  the  home buyers  can  now  seek  a  full  refund  from  builders if  the  possession  of  the  flats  is  delayed  by  a  year  from  the
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Published on Apr 01, 2019 @ 10:56 pm As  a  home  buyer, it  is  essential  to  ensure  proper  financial  planning before  you  make  the  decision  to  buy  it. Purchasing  a  home  is essentially  one  of  the  huge  financial  commitments  in  your  life. Hence, knowing  your  budget  and  preparing  for  the  expenditures  is  very important  before
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Published on Mar 21, 2019 2:40 am The GST Council in its 34th meeting on Tuesday approved a transition plan after deliberating on the rules and related issues for the implementation of the lower tax rates for under-construction housing units. In a big relief to realty sector, the Council offered an option to builders of
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Published on Mar 15, 2019 5:10 am In the midst of the code of conduct of general elections, the Election Commission has given its approval for holding the GST Council meeting on March 19. The nod from the Election Commission (EC) was required as the model code of conduct has come into force following the
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Published on: Feb 25, 2019 @ 02:44 In  a  major  relief  to  home buyers  and  the  real  estate  sector, the  Goods  and  Services  Tax  (GST)  Council  has approved  the  proposal  for  lowering  the  GST  rate  on  under-construction  residential  properties  in  both  the  Affordable  and  Non-affordable  housing  segments. In  the  33rd  GST  Council  meeting  on  Sunday, Union
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Published on: Jan 27, 2019 @ 04:15 Real  estate  has  a  major  impact  on  any  country’s  economic  growth. In  India, the  real  estate  sector  is  the second  largest  employer  after  agriculture  and  accounts  for  nearly 10  percent  of  India’s  GDP. The  year  2018 has  been  a  rewarding  and  an  eventful  one  for  the  Indian  real  estate
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Published on: Dec 23, 2018 @ 17:38 If  you  are  planning  to  buy  a  property  in  Gurugram, you  may  first  need  to  check   the  recently  revised  circle  rates  of  the  area. Recently, circle  rates  of  Gurugram  have  been  revised  by  the  District  Administration  for  the  third  time  this  year  according  to  a  report  published  by  The
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Published on: Sep 30, 2018 @ 18:28 Once  a  buyer  finalizes  the  property  in  a  primary  purchase  market, there  are  some  legal  intricacies  that  need  to  be  dealt  with  to  complete  the  purchasing  process. Often  a  project  faces  delays  in  getting  legal  approvals  from  a  number  of  authorities  which  lead  to  serious  consequences  for  the  buyer.
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Published on: Jul 20, 2018 @ 22:39 Buying  a  home  could  be  one  of  the  biggest  financial  transactions  of  your  life. Negotiation  is  all  about  given  and  take  in  the  deal  whether  you  are  buying  or  selling  a  home. If  you  are  buying  a  home  now, you  need  to  be  familiar  with  the  finer  points  of  the  home 
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Published on: Jun 15, 2018 @ 11:43 The  Government  on  Tuesday  has  increased  the  carpet  area  of  houses  eligible  for  interest subsidy  under  the  Prime  Minister  Awas  Yojana – Urban (PMAY-U)  for  the  Middle-Income Group  by  33 per cent. With  a  goal  of  Housing  for  All  by  2022, the  decision  to  increase  carpet  area  for  MIG  is
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