Delayed Possession

Despite RERA, one-fifth of home buyers prefer refund, says Magicbricks

– 72% buyers want to file RERA complaint for delay in possession -19% home buyers would prefer a refund in case of delayed possession Ever since it was formed two years ago, Real Estate (Development and Regulation) Act 2016, (RERA) has brought in a ray of hope and is the first choice for home b...Read More

Magicbricks Poll: Nearly 50% home buyers had to wait three years to get possession – RealtyMyths

36% of home buyers had to wait 5-10 years for house keys Inordinate delays in delivery of residential projects by cash-strapped developers remain the main cause of concern for Indian home buyers as a recent poll by Magicbricks, India’s No. 1 property portal, revealed that almost 50% home buyers had t...Read More

RERA – From Inception to Execution

by Pooja Bhatia,  The RERA Act is perhaps the best thing to have happened to lift the confidence of buyers in the real estate community. Many of us do not exactly share the same level of trust with the real estate builders, agents or developers for that matter. Our confidence has been further shaken ...Read More

DB Realty ‘Ozone’: 7 Years and no Sunshine

“DB Realty launched DB Ozone in Dahisar, Mumbai in the year 2009 with 3300 units on offer, comprising both 1 and 2 BHK flats. The project was supposed to be delivered by the end of the year 2014. Despite paying more than 90% of the amount by the year 2013 itself, buyers are still waiting for th...Read More

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