Builder floor versus modern apartment: Should homebuyers choose a central location or a distant project with a clubhouse

Some homebuyers are now prioritizing location and space over high-end amenities or branded societies. A recent discussion on Reddit highlighted a shift in preferences. While centrally located, compact homes may not offer premium lifestyle perks or see dramatic price appreciation, they provide better connectivity and a more practical living experience. Some homebuyers are now prioritizing […]

Homebuyers’ guide: What you need to know about arbitrary payment clauses in builder agreements

In 2022, Ramesh Mehta booked an under-construction apartment in Pune. His builder-buyer agreement stated that each instalment would be due on “completion of the corresponding construction milestone or 60 days from the date of booking, whichever is earlier.” The second instalment was tied to the completion of the first-floor slab. However, the builder demanded payment […]

Booked a flat, but the developer changed midway? Original builder still liable, says MahaRERA in Mumbai project

The Maharashtra Real Estate Regulatory Authority (MahaRERA), in a recent suo motu order, has clarified that the original developer remains accountable for addressing the claims of existing homebuyers, even if the project is transferred to a new developer due to regulatory compliance issues. MahaRERA update: The Maharashtra Real Estate Regulatory Authority, in a recent suo […]

500 families of Gurugram’s IREO project hit as angry villagers locked in land dispute with builder cut off power supply

Over 500 families residing in IREO’s The Corridors, Sector 67A, Gurugram, were left without power on March 12 after ‘unknown elements’ severed the power cables amid an ongoing land dispute between developer and the village landowners of Ramgarh, according to a statement from the Residents Welfare Association (RWA). 500 families of Gurugram’s IREO project hit […]

Flixbox Solution Launches Skara, Industry’s Fastest Video Streaming App Builder, eyes $155 Billion Market

Guwahati, Assam, India Flixbox Solutions officially launched Skara, a no-code platform for creators and businesses to launch their streaming apps in minutes. Skara is launched at a time when the global video streaming market is set to reach $155 billion by 2029 and is set to disrupt the streaming infrastructure market. The […]