Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
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 […]
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has held that a developer cannot forfeit the entire amount paid by a buyer if the agreement for sale has not been executed and the booking is later cancelled. The MahaRERA clarified that in such cases, the developer can deduct only 2% of the flat’s cost as cancellation […]
