Mumbai-based Ashar Group on February 13 announced that it has received the Occupancy Certificate (OC) for its luxury project, The Legend, in Mumbai’s Bandra. The project has been developed through the redevelopment of a bungalow owned by Bollywood legend Dilip Kumar. Mumbai real estate update: Mumbai-based Ashar Group on February 13 announced that it has […]
The Karnataka Real Estate Regulatory Authority (KRERA) has pulled up a Bengaluru-based developer for failing to issue the khata to a homebuyer despite handing over possession of the apartment. The regulator has directed the builder to ‘transfer and facilitate’ the khata in the buyer’s name within 30 days of the order date. Karnataka RERA has […]
MUMBAI: The Bombay High Court on Tuesday upheld an arbitral award directing a city-based developer to regularise illegal alterations in a redeveloped residential building in Andheri West and obtain an occupancy certificate (OC) from the Brihanmumbai Municipal Corporation (BMC), failing which it must pay ₹128.98 crore to the housing society to enable it to demolish […]
Residents of Antriksh Golf View 2 in Sector 78, Noida, began a protest against the builder, Colorful Estates Private Limited, on Saturday, alleging poor maintenance and mismanagement of the housing society for the past six years. Residents protesting on Saturday. (Sunil Ghosh/HT) The society, occupied since 2017, comprises over 1,000 flats and 32 commercial stores, […]
The National Consumer Disputes Redressal Commission (NCDRC) has ruled that an offer of apartment possession without an occupancy certificate (OC) does not amount to a legal offer, reaffirming homebuyers’ right to seek refunds in delayed housing projects. The NCDRC has ruled that offering possession without an occupancy certificate is invalid, reaffirming homebuyers’ right to claim […]