Experts feel that the judgment increases the scope of recoveries for homebuyers significantly in cases where the developer goes absconding or is undergoing insolvency
Experts say Bengaluru is now a sellers market where landlords are scrambling to sell their properties at high prices, while tenants are left looking for apartments in a market where rentals have jumped by 20-30 percent, and even 40 percent in prime areas.
Bengaluru s municipal body says it is unauthorised and even illegal to charge maintenance fees for keeping pets inside housing projects; it is working on an updated pet policy for the registration of pets in the city.