News of Myfaridabad Forum

Real estate major DLF will have to pay Rs. 630 crore as penalty for unfair business practices, a government tribunal has ruled. Upholding a 2011 order passed by fair trade watchdog CCI, the Competition Appellate Tribunal on Monday said India's biggest real estate company must pay up the hefty fine.

The case pertains to 2010, when a group of flat buyers in DLF's high-end Belaire project in Gurgaon, approached CCI with complaints of delayed possession ...

Hi,

Anyone any news about Tower D1 possession. Kindly update.

Regards
B.Panda ( D1-1001)

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Source: Dainik Jagran, May 13, 14
Links: http://post.jagran.com/pvt-builder-fine ... 1399894994
http://www.jagran.com/uttarpradesh/noida-11307406.html

New Delhi: Thousands of flat buyers in Delhi-NCR region have reasons to smile as the National Consumer Disputes Redressal Commission (NCDRC) has directed reality giant Parsvnath Developers that if it fails to handover possessions to its customers on time as promised during booking, it will have to return the money with 18 ...

Dear All,

RPS who has collected EDC and enhanced EDC under threat of interest, by charging extra over and above the stipulated rate, has charged you service tax on EDC and has charged you on the full 49.02 acres while palming off 8 acres, HAS NOT DEPOSITED ANY OF THIS MONEY WITH HUDA and the amount due from them is more than 100 crores.

Unless this money is paid, I am afraid no OC shall ...

Dear Savan Flat Buyers,

That the initial license to Savan was issued for an acreage of 49.018 acres on which they had constructed salable area of 36.49 lakhs sqft. Subsequently by their own admission they have hived off 8 acres from the project thus constructing the project in an area of 41 acres consisting of same 36.49 lakhs sq ft of salable area.

I have two observations here:

a. Have they not violated the FAR ...

India Kesari today (10.05.2014) carried out massive coverages in its both editions about 100 crores Cheating and Loot of Home Buyers by Piyush Group and open contempt of Court.

1. National News paper (published in Faridabad, Chandigarh and other cities) front page (attached)
2. Local Faridabad (Focus) (Full page Coverage of massive loot of home buyers)

Owners of Piyush Group (Anil Goel and his sons) have no value and fear of law of land. Never ...

NCDRC (National Consumer Disputes Redressel Commission) delivers landmark Justice to Consumer. Fines Shop Rs 50 lakh for charging Rs 75 extra on drink. NCDRC lashed out at both Airport Authority of India (AAI) and Shop Owner for being in nexus

Times of India, May 5, 2014

http://timesofindia.indiatimes.com/city ... 650970.cms?

CHENNAI: That October morning in 2009, a vendor at Chennai airport decided to make an extra Rs 75. Five years ...

Hi,

I need to know when will be the registration of Tower L and K flats are going to take place. Possession has been offered in November 2013 and all payments are done.

regards
S Banerjee

If possession is delayed, the home buyer could end up paying both rent and home loan instalments

Sunil Rao works as a manager for a multi-national company in Gurgaon. A few months back he bought a house for himself under the 'Subvention Scheme', which was advertised as 80:20. The scheme seemed too good to let go, so he immediately booked a flat in the project.

But a few weeks back, Rao got a letter from ...