Tag Archives: homebuyers

Supreme Court Orders Unitech To Refund 17 Crores To Its Customers

DELHI: In yet another example of its crackdown on developers who delay projects, the Supreme Court has ordered real-estate developer Unitech to refund money to 39 homebuyers who had invested in the company’s Gurgaon housing project. The court ordered Unitech to refund Rs 17 Crores to the homebuyers. The company had already deposited Rs 15

Bangalore’s Pashmina Developers Leaves 700 Homebuyers In Distress

Bangalore has had a rather good track record and wouldn’t be considered on the list of cities with defaulting builders and delayed projects. But hundreds of homebuyers who had invested in the Pashmina Brookwoods project beg to differ and are angrily accusing builder Pashmina Developers of delaying the project. Homebuyers complain of project delays Huge

Project Delays: Chennai Homebuyers Put Up A Fight Against Marg Properties

Take a ride down OMR IT Expressway and just 4kms off Kelambakkam junction stands a deserted set of buildings. No billboards. No advertisements. No indication that it is the project site of Savithanjali by MARG Properties in Chennai. Lured by advertisements talking of state-of-the-art infrastructure, hundreds of customers invested their life savings and today, nearly

5 Ways To Deal With Developers Who Delay Projects

Home buyers in India are on a rampage and have taken to the streets. Their complaint? That developers have broken their promises and delayed delivery of thousands of housing projects, essentially leaving their customers homeless. If you too find yourself in this situation, here are 5 steps you must take immediately. 1) Hire a Lawyer