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Realty
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Stay updated with the latest news and trends in the realty sector. This tag encompasses various aspects of real estate including property developments, market insights, investment opportunities, and industry news, providing comprehensive coverage for real estate professionals and enthusiasts.
Get the latest news, trends, and insights in the real estate industry. This tag covers a wide range of topics including market analysis, property developments, investment opportunities, and residential and commercial real estate updates. Stay informed about the dynamics shaping the real estate sector.
MahaRERA Allowed Builder’s “Sell First, Refund Later” Condition; Appellate Tribunal Overrules
In a sharp rebuke to one-sided builder clauses, the Appellate Tribunal has ordered Omkar group to refund nearly ₹1.15 crore with interest to an NRI allottee in the Omkar Meridia project, holding that making refund conditional on selling the flat to a new buyer is unconscionable and against RERA.
5-Year Ban on Housing Society Office Bearers for Withholding Records
Bombay High Court has upheld the five-year ban on the Chairman, Secretary and Treasurer of a Mumbai housing society for deliberately withholding meeting minutes and records from a fellow committee member, reinforcing transparency norms under the Maharashtra Co-operative Societies Act.