KRERA pulls up Bengaluru developer for delay in issuing khata to a homebuyer

Karnataka Real Estate Regulatory Authority (KRERA) has pulled up Bengaluru-based real estate developer for failing to provide a homebuyer with their khata document for the apartment within two months as promised in the agreement. KRERA has pulled up a Bengaluru developer for failing to issue a homebuyer’s khata within the promised two months. (Representational Image) […]

Maharashtra Tribunal blames developer’s ‘greed’ for Panvel project delay and orders interest compensation to the buyer

The Maharashtra Real Estate Appellate Tribunal (MREAT) has directed Marathon Group’s Sanvo Resorts Pvt Ltd to pay interest to a homebuyer for the delayed possession of an apartment in its Marathon Nextzone project in Panvel, near the upcoming Navi Mumbai International Airport (NMIA). Delayed possession: Maharashtra Real Estate Appellate Tribunal (MREAT) has directed Marathon Group’s […]

Karnataka RERA directs developer to pay ₹1.08 crore to homebuyer for delay in possession in Bengaluru’s tallest tower

The Karnataka Real Estate Regulatory Authority (KRERA) has directed Bengaluru-based developer Golden Gates Properties Ltd to pay ₹1.08 crore in delayed interest to a homebuyer for failing to deliver possession of an apartment in Presidential Tower, one of Bengaluru’s tallest residential projects, standing 161 metres high with 50 storeys. The Karnataka Real Estate Regulatory Authority […]