Sep
27
Government preparing to force builders to provide more information
September 27, 2009 | Leave a Comment
Over a period of time, dealings in the property sector have been the woe of many investors. Except for the richer investors, or the very well informed buyer, other purchasers of property have always been at the receiving end of problems. Some of the problems that are typically found in property transactions are:
- The builder [...]
May
16
Lawyer fined more than Rs. 1.18 by consumer court
May 16, 2009 | Leave a Comment
Typically, one really does not hear of lawyers being fined for any sort of consumer malpractices. So it was surprising to read this case where a lawyer in Chandigarh was fined for deficient services, something that caused losses to his client – when the client complained to a consumer forum, the consumer court agreed with [...]
Jul
17
SC warns home property buyers
July 17, 2008 | Leave a Comment
Here is a warning right from the Supreme Court for home owners. People get attracted to the flats and houses offered by real estate builders, more so when they are offered by reputed and large builders. At the same time, the terms and conditions of the deals offered by these builders can be complex, and [...]
Jun
7
Citicorp fined for using force in loan recovery
June 7, 2008 | Leave a Comment
It seems to be a story that keeps on repeating itself over and over; you hear of people being harassed by loan recovery agents for repayment of loans, or of somebody’s vehicle being taken away from them anywhere where the vehicle can be found, and so on. In extreme cases, the pressure or violence of [...]
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