Thursday, June 11, 2026

Daily Informer

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Daily Informer

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delayed possession

NCLT admits insolvency plea by 176 homebuyers over delayed handover | Gurgaon News

Daily Informer03 mins

The order marks a significant development in the long-running disputes involving Raheja Developers and homebuyers across multiple projects in the city Gurgaon: The principal bench of National Company Law Tribunal (NCLT) has admitted an insolvency petition filed by 176 homebuyers of Raheja Developers’ Revanta project in Sector 78 after finding a prima facie case of…

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Flat buyers entitled to interest under Rera for each month’s delay: Bombay high court | Mumbai News

Daily Informer03 mins

HC said developers cannot delay possession for years while expecting to escape the resultant statutory consequences under Rera Mumbai: Bombay HC on Monday held that under Real Estate (Regulation and Development) Act (Rera), buyers have an unqualified right to get interest every month for delayed possession.Justice Madhav Jamdar held that the law was brought in…

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