delay penalty Archives | The Logical Buyer

Is this the beginning of “the END” of builder mafia?

May 16, 2016May 16, 2016 thelogicalbuyer 1 Comment delay penalty, delays, developers, HomeBuyers, Mafia, ncdrc, RERA

Owning a home is not just only a basic need of everyone, it is a lifetime dream that everyone cherish

[Exclusive] – NCDRC delivers a game changer judgement

May 9, 2016June 9, 2016 thelogicalbuyer 13 Comments car parking, delay penalty, delays, Japyee Greens, Kalypso Court, ncdrc, Super Area

In what could be the game changer for the real estate in India, The National Consumer Disputes Redressal Commission (NCDRC)

Awareness Real Estate

Should home buyers approach CCI to fight real estate developers?

February 19, 2016 thelogicalbuyer 0 Comments CCI, Competition Commission of India, delay penalty, delays, DLF, Omaxe

The world of real estate was taken for a rude shock when Competition Commission of India (CCI) took the biggest real

Awareness Consumer Forums

Pay delay penalty until project is complete from all aspects – Consumer Forum

February 6, 2016February 6, 2016 thelogicalbuyer 3 Comments Apartment Possession, consumer forums, delay penalty, delays, Omaxe

It has become a fashion to develop the project in phases and offer possession even when the basic amenities are

Consumer Forums

Pay delay penalty till flat is Delivered and Registered – NCDRC

January 13, 2016January 13, 2016 thelogicalbuyer 1 Comment delay penalty, ncdrc, Nishant Jabeen, Possession of Apartment, Registration, Sale Deed, Sharp Construction

The practice of stopping the delay penalty meter at the offer of possession is very common in Indian Real Estate.

Awareness Consumer Forums Editor's Pick

Pay delay penalty till actual possession – No more “Offer of Possession”

November 9, 2015January 6, 2016 thelogicalbuyer 5 Comments consumer forums, delay penalty, HomeBuyers, Super Area

It is a common practice that even before the flats are ready, developers rolls out the “Offer of Possession“. The actual possession

Awareness Consumer Forums Real Estate

National Consumer Forum orders refund at 18% for long delays

August 16, 2015January 10, 2016 thelogicalbuyer 7 Comments delay penalty, higher compensation, home buyers, National Consumer Forum, ncdrc, Refund

Few days back we analysed a recent judgement where court had directed the builder to pay higher compensation at the

Awareness Consumer Forums Real Estate

National Consumer Forum awards 12% delay compensation to Sahara Grace buyers

August 14, 2015September 18, 2015 thelogicalbuyer 2 Comments Consumer Forum, delay penalty, home buyers, National Consumer Forum, ncdrc

Yet another landmark judgement from the “National Consumer Disputes Redressal Commission (NCDRC)”. With government delaying Real Estate Regulatory Bill yet

Awareness Noida - Greater Noida

NGT Okhla Order – an illegal excuse to “No delay penalty” by Noida Builders

August 8, 2015December 22, 2015 thelogicalbuyer 0 Comments builder, delay penalty, force Majeure, home buyers, NGT order, Noida Authority, Okhla Bird Sanctuary

Are you told that delay penalty will not be given because of NGT order on Noida Projects? You are being

Awareness Consumer Forums Editor's Pick

Should You Wait Until Possession to File a Case for Delay in Consumer Court?

July 29, 2015October 4, 2015 thelogicalbuyer 14 Comments consumer courts, delay penalty, higher compensation, home buyers, LPWA, ncdrc, possession delay

Is the delivery of your apartment delayed, has the work at site been suspended, are you being denied penalty? If

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