Big Relief for Homebuyers: Tribunal Says Banks Can’t Chase You for Loan If Builder Fails to Deliver Flat!

DRAT Allahabad has delivered huge relief to homebuyers in delayed projects: If your bank paid the loan directly to the builder and you never got the flat, you may not have to repay the loan. A must-read case for anyone facing builder delays!

Bombay High Court Halts Mumbai Society Redevelopment, Upholds Homebuyer’s Claim to Extra 900 Sq Ft Space: A Must-Read for Flat Owners Facing Rebuilds

In a boost for Mumbai homebuyers with historical property rights, the Bombay High Court has temporarily stopped a Bandra society’s redevelopment plans, enforcing a 31-year-old covenant granting a flat owner extra 900 sq ft space. The case highlights the enduring power of old deeds in modern rebuilds.

Housing Society Treated as Promoter in Redevelopment Dispute If It Shares..

In a key redevelopment ruling, the Maharashtra Real Estate Appellate Tribunal has held that housing societies sharing FSI or constructed area with developers can be treated as promoters under RERA and held liable to homebuyers for delay.

MahaRERA Stops Lender’s Bid to ‘Hijack’ Stalled Project: IIFL’s Promoter Change Plea Rejected

In a decisive blow to lender overreach, MahaRERA dismissed IIFL’s plea to revoke Shreeji Enterprises’ role in the stalled Woodshire project, emphasizing RERA’s focus on allottees over private disputes. The order also grants partial relief to a homebuyer, probes potential double sales, and imposes a project freeze, highlighting ongoing challenges in India’s real estate sector.

Stamp Duty Refunds Now Virtually Guaranteed for Unexecuted Flat Agreements

In a relief for homebuyers, the Bombay High Court has ruled that stamp duty paid on never-signed flat agreements must be refunded in full, even years later—declaring it “unjust enrichment” for the state and prioritizing family hardships over procedural delays.