Tag: Homebuyers

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Government Spending Causing Higher Interest Rates: Impact on Homebuyers, Canada

Government spending causing higher interest rates is explored in this article. The impact on homebuyers is analyzed, highlighting missed opportunities by the Trudeau government.

Supreme Court Allows Unitech’s New Management to Resume Construction Activities, India

Supreme Court allows Unitech's new management to resume construction activities, addressing concerns of homebuyers and instilling confidence in the real estate sector.

High Mortgage Rates and Home Prices Cause Surge in Buyer Backouts

Homebuyers grow cautious, leading to a surge in buyer backouts due to rising mortgage rates and escalating home prices. Market challenges persist.

Builder Found Guilty of Contempt, Sentenced to Prison for Failing to Deliver Flats, India

Builder found guilty and sentenced to prison for failing to deliver flats in Mumbai. Landmark ruling offers hope to aggrieved homebuyers. #RealEstate

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Real Estate Company Accused of Cheating Buyers of Crores after Selling Allotted Flats to Another Company in Gurgaon

Ninex Developers and its directors have been accused of cheating homebuyers of crores of rupees. Gurgaon-based realty company has been caught mortgaging properties and selling them off to someone else, leaving the original buyers high and dry. The police have lodged an FIR and the authorities are probing the matter.

Delhi High Court Releases Preeti Chandra on Bail in Money Laundering Case

Former Unitech promoter's wife, Preeti Chandra, granted bail by Delhi High Court in money laundering case. ED allowed to challenge order until Friday.

Supreme Court Serves Notice to Preeti Chandra, Wife of Former Unitech Promoter Sanjay Chandra in India

Supreme Court issues notice to Preeti Chandra in money laundering case. ED challenges bail granted by Delhi High Court. Stay on order imposed.

FPJ Impact: Mumbai Consumer Forum Urges MahaRERA to Penalize and Blacklist Developers in Deregistered Housing Projects

Consumer rights advocacy group MGP has called on MahaRERA to blacklist and impose penalties on developers of 88 proposed housing projects in Maharashtra. These projects face deregistration due to various reasons, including unviable projects and changing government regulations. The developers listed include Panvelkar, Kalpataru, Ashwin Sheth, Hubtown, and Arihant Superstructures. MGP demands full transparency and a publicized list of these projects.

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