Chandigarh: In a consumer complaint filed by a Chandigarh-based couple, the state consumer commission, Punjab, held that in case the builder of an apartment fails to give possession on time, the consumers are under no obligation to accept possession at a belated stage and can seek refund of the entire amount paid along with reasonable compensation in the form of interest. The judgement of the commission has come in the case of Nitika Verma and Nitin Verma against ATS Estates Private Limited. The complainants, who are husband and wife, had booked an apartment in the project known as 'ATS Golf Meadows Lifestyle' located at Derabassi on September 6, 2014, for a total price of Rs 61 lakh. According to the buyer agreement, the builder was to hand over the possession of the apartment within three years of the booking with a grace period of six months. The complainants had already been paid Rs 53.70 lakh against the total sale price and the remaining amount was to be paid at the time of … [Read more...] about Home buyers entitled to full refund if flat not given on time: Court
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The home, sold as a knockdown/rebuild, is packed to the brim with junk, gathered over about 10 years by the vendor. MORE: Magic makeover for former shop Selling after more than 25 years And it was sold lock, stock and barrel, said Rob Elphinston, of McConnell Bourn North Shore. Ready for the bulldozer.Source:Supplied No room for the car in this garage.Source:Supplied Which means the buyers not only have the house, but every piece of the tonnes of rubbish that covers the floors in almost every room. Some rooms are so full – like the kitchen – you can’t even walk in them. “We just sold it as is,” Mr Elphinston said. Nerida Conisbee: Sydney property market update Nerida Conisbee: Sydney property market update But the buyers weren’t perturbed by the mess, which included sky-high weeds and an unfinished pool in the backyard, half-filled with weeks and dirt. Great backyard for hide and seek.Source:Supplied The pool might need a bit … [Read more...] about Hoarder’s home in St Ives sells at auction for more than $2 million.
The ex-Australian Labor leader has locked in plans to upsize to Travancore, after putting his Eglinton St property on the market this week. He has $1.55-$1.65 million price hopes for the five-bedroom home, which was renovated by the politician and his wife, Chloe. RELATED: Melbourne investors back following election and market downturn Confidence expected to surge with election in the past House prices making fast recovery in wake of election: CoreLogic What does property demand mean? What does property demand mean? Mr Shorten’s Eglinton St home in Moonee Ponds.Source:Supplied The Victorian has been renovated by the family.Source:Supplied Mr Shorten said his family, including children Clementine, 10, Georgette 17 and Rupert 18, had “ten years of great times” at the address. “But with three growing kids and two bulldogs, now it’s someone else’s turn to enjoy it as we move to another beautiful part of our electorate,” Mr … [Read more...] about Bill Shorten selling Moonee Ponds home, moving to Travancore
Following months of uncertainty, thousands of British Steel workers are feeling cautiously optimistic. On Monday, the United Kingdom government said it was close to agreeing a deal that could save the company, a major manufacturer that employs 3,000 people in Scunthorpe in east England and another 800 in the north of the country. If confirmed, the deal would see the ownership of British Steel transferred to Jingye Group, an industrial company based in North China's Hebei province. "This is good news for everyone at British Steel and we are really hopeful that this will secure our future," said Paul McBean, who has worked in Scunthorpe in the industry for 45 years and who is a regional representative for the steel workers' trade union Community. "This is the kind of announcement we've been waiting for." The government has been paying the wages of British Steel employees and seeking a buyer for the company since May, when it went into insolvency. During the summer, Turkish company Ataer … [Read more...] about Chinese buyer to revitalize UK giant
NEW DELHI: The rural development ministry is planning to seek an additional Rs 17,000 crore allocation after a spurt in demand for work under the National Rural Employment Guarantee Scheme (NREGS) because of deficient rainfall in many parts of the country. Of the Rs 48,000 crore budget allocation, Rs 34,000 crore has already been utilised. The rural development ministry is likely to seek additional funds from the finance ministry in the next supplementary. “States including Madhya Pradesh, Kerala, Karnataka, Maharashtra have suffered due to drought situation-…We have seen a surge in this month in NREGS demand and we are monitoring the situation,” a senior government official said. So far in this financial year, 116 crore person days of work has been generated under the scheme with 84% timely payments made to the workers. In 2016-17, NREGS accounted for 235 crore person days of labour. The scheme provides up to 100 days of manual work for any rural household seeking … [Read more...] about Rural ministry plans to seek Rs 17,000 crore more for NREGS