Page 2 - Homebuyers

Consider festive offers that lower your cost of house acquisition

Don't let freebies blind you to key considerations like location, infrastructure, and the developer's record

Amrapali homebuyers urged to form association to take over project upkeep

The court received requested the Amrapali unit owners to step forward as neither NBCC nor the contractor will oversee the project's maintenance

Nearly 50% homebuyers expect property prices to increase: Report

Services activity, hiring and stable unemployment rate helping consumer confidence, it says

Hong Kong homes on the verge of becoming least affordable in 24 years

Hong Kong housing is at risk of becoming the least affordable in 24 years, as rate hikes by the US Federal Reserve drive up borrowing costs in the Asian financial hub

Who actually got punished: Homebuyers after razing of Supertech twin towers

As the Supertech twin towers in Noida were razed to dust on Sunday, homebuyers who have invested in the developer's other projects across the NCR wondered "who actually got punished" as they are clueless whether they would get possession of their flats booked years ago. These homebuyers, who had dreams of owning a home in the National Capital Region (NCR), had been glued to their television sets on Sunday watching the spectacle of the twin towers crashing like a pack of cards. Arun Mishra, a Gurugram resident, was checking constant updates about the demolition on Sunday and feeling dejected. Mishra, who booked a flat in Supertech's Hill Town project on the outskirts of Gurugram in 2015, has been waiting since then for possession. He was promised that the flat would be delivered to him by 2018. "One thing that I did not understand from twin towers story is 'who actually got punished'. Just demolition of illegal towers is sufficient? Why wasn't the builder sent to jail? Homebuyers us

It's not just China homebuyers; suppliers too now boycotting loans

Hundreds of contractors to the property industry complained that they can no longer afford to pay their own bills because developers including China Evergrande Group still owe them money

Planning to buy a house in Delhi? Check factors to consider, other details

What is the procedure to buy a house in Delhi? From home loan to location, here is a step-by-step guide on how to plan such an investment

Home sales growth or decline? Property market split over demand

Residential sales hit a nine-year high in the first half of this calendar year (CY), said UK-based property consultant Knight Frank in a report recently

As construction gets delayed, Chinese homebuyers refuse to pay mortgages

The payment refusals underscore how the storm engulfing China's property sector is now affecting the country's middle class, posing a threat to social stability

Amrapali homebuyers asked to pay Rs 200 per sq ft extra to meet shortfall

A separate fund, namely "Sinking cum Reserve Fund", has been made where all homebuyers of Amrapali Group would deposit the amount

Homebuyers in Noida-Greater Noida worst hit; 165,000 units stalled

Homebuyers who booked flats in housing projects in the Noida-Greater Noida property market are worst affected, with over 165,000 flats worth Rs 1.18 trillion currently stalled or significantly delayed

HDFC giants' merger is a joint-family deal made for a changing India

As the two HDFC elephants start their dance, they must be careful - not just of other banks, but of fintech rivals trying to set the tune for both lenders and borrowers.

RERA execution to improve post SC direction on studying states' rules: FPCE

Homebuyers' apex body FPCE expects the implementation of realty law RERA to improve following the Supreme Court's recent direction to the Centre to examine the rules framed by states.

Review of RERA rules likely to save home buyers from errant builders

As state after state diluted rules to regulate real estate, SC ordered a relook

Over 55% homebuyers expect housing prices to rise in 2022: Survey

Over 55 per cent respondents in a consumer survey, conducted by industry body CII and property consultant Anarock, expect housing prices to rise this year on higher input costs.

Homebuyers get respite as Delhi HC restrains coercive action on EMIs

The Delhi High Court has restrained banks and housing finance companies from taking any coercive action to recover EMIs from homebuyers over incomplete projects on a plea by a group of homebuyers.

Robust regulatory mechanism under RERA: Centre on builder-buyer agreement

The Centre has told the Supreme Court that a robust regulatory mechanism and draft 'agreement for sale' already exists under provisions of RERA, Real Estate (Regulation & Development) Act, to balance the rights and interest of homebuyers and promoters in an accountable and transparent manner.

Supertech homebuyers jittery after SC order on demolition of high-rise appt

Rashmi Bondre and her husband Manish Bondre had booked a flat in Supertech's Eco Village I housing project at Greater Noida in April 2010 and were promised possession of their home by 2012.

61% of mid income homebuyers feel prices to rise in next 1yr: Survey

Over 60 per cent of middle-income homebuyers in India expect prices of their primary residences to rise in the next 12 months, according to a survey by Knight Frank.

629,000 homes valued at Rs 5 trn delayed or stalled in top-7 cities: Report

These projects were launched in 2014 or earlier. Nearly 28% (about 173,730) of these units are completely stalled, the report said