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Landowners also liable to pay compensation to homebuyers for delayed projects, says NCDRC

Experts feel that the judgment increases the scope of recoveries for homebuyers significantly in cases where the developer goes absconding or is undergoing insolvency ....

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SC asks Mantri Developers to refund maintenance deposit for Bengaluru project, upholds NCDRC order

Homebuyers in Bengaluru say there have been many instances of promoters or servicing companies not returning the maintenance deposit they have taken from the homebuyers ....

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SC directs Mantri Developers to offer possession of apartment in delayed Bengaluru project

The builder had apparently not handed over flats to buyers who had sought legal remedies for the repeated and lengthy delays in handover of the flats. ....

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