Browsing: Builder Buyer Disputes

Reports RERA, RERA Success, Real Estate Litigations, Property Disputes, Builder Buyer Disputes, Property Cheating

RERA doesn’t evoke confidence of the homebuyers

Projects worth INR 4,64,300 crore for a total of 575,900 units are already significantly behind schedule. These 5,75,900 units have been stuck since 2013 or before. However, what is even more disturbing than these staggering number is the fact that in many of the states RERA has been diluted to the extent that it allows the erring developers with the existing projects to get away with the fault lines.

Editorial Completion Certificate, Occupancy Certificate, Real Estate Project Delays, Housing Delays, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Investment in Property

Housing project self-completion – far-fetched or viable?

The issue of stalled or delayed project is one of the major pain points of the Indian real estate sector currently. With buyers feeling the heat of delays, it is not surprising that some are now considering completing the projects themselves. This falls within the realm of possibility if the project in question has sufficient cash flows but is delayed for other reasons.