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Legal● Neutral for Indian equities
Accepting delayed flat possession does not automatically waive compensation, HC says
The brief
- Buyers can claim interest for delayed possession even after accepting the keys
- A 'zero period' cannot erase the builder's earlier default
- The ruling strengthens homebuyers’ compensation claims and may affect Indian real estate developers
- Buying property from an NRI gets easier from October 1: Check key rule changes for residents and HUFs
- Sensex jumps 105 pts; realty shares advance
- Bond bombshell
- PAN-based TDS reporting eases compliance for NRI property purchases from October 1