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Property News #22: Haryana share Vikas Prabhakaran, UK’s housing market, Property investment growth

Haryana share Vikas Prabhakaran to auction land of three failed projects To recover pending external development costs (EDC) from the builders, the Haryana Shahari Vikas Pradhikaran (HSVP) will auction about 21 acres of property of three property projects that have failed to take off. This is the first time the planning authority has auctioned the […]

Business in India Legal Article Legal Format

Property News #18: MahaRERA, Greater Noida has Multipoint Meters, Gurugram and Faridabad rely on Gensets

MahaRERA Orders Niraj Kakad Constructions to Refund the Buyer’s Money with Compensation A Rs 1-lakh fine was imposed by Maharashtra Regulatory Authority (MahaRERA) on developer Niraj Kakad Constructions for the psychiatric abuse of the buyer of a home. Moreover, Niraj was imposed to refund Rs 1.52 crores, with 10.40% annual interest from 2014 to date. […]