Uniworld Chennai Owners Association

Taking care of the welfare of owners & residents of Unitech's Uniworld City, Chennai. Fighting for buyers' & residents' rights. Retweets are not endorsements.

[Uniworld Chennai Owners Association @UCOAWelfare]

Good!!

https://t.co/UM07PKvB16

[ETRealty @Realty_Et]

ETRealty | Property tax set to go up in Bengaluru from April 2021 #BWSSB #Bengaluru #BruhatBengaluruMahanagaraPalike #BBMP #PropertyTaxInBengaluru https://t.co/qPl8gOwcwA

[ETRealty @Realty_Et]

ETRealty | Gaursons Realtech guilty of profiteering Rs 19 crore: GST NAA #Gaursons16thParkView #Ghaziabad #GaursonsRealtech #Gst #DelhiNCR #Naa #NationalAntiProfiteeringAuthority https://t.co/ypjpUzMzAr

[ETRealty @Realty_Et]

ETRealty | Confusion reigns over property tax collection in Chennai #Kodambakkam #GreaterChennaiCorporation #TamilNadu #PropertyTaxInChennai #Chennai https://t.co/TL2lcOdFSb

[ETRealty @Realty_Et]

ETRealty | Greater Noida: Compensation charges worth Rs 9.8 crore on 1,950 plot owners revoked #GNIDA #GreaterNoida #CompensationChargesInGreaterNoida #UpCooperativeSocietiesAct #PlotOwnersInGreaterNoida https://t.co/2Rkysmmtqa

[ETRealty @Realty_Et]

ETRealty | SBI cuts MCLR by 5-10 bps for shorter tenors #StateBankOfIndia #SBI #SBIHomeLoans #SbiMCLR #Mclr https://t.co/xWhM7Rnj0f

[ETRealty @Realty_Et]

ETRealty | Cabinet approves development of affordable rental housing complexes under PMAY #AffordableRentalHousing #ARHC #PMAY #AffordableRentalHousingComplex #PradhanMantriAwasYojana https://t.co/hDqgzEQnsL

[ETRealty @Realty_Et]

ETRealty | Office leasing slips 73% to 3.72 million sq ft in April-June: Report #Mumbai #Cushman&Wakefield #OfficeLeasing #DelhiNCR #Trends https://t.co/eSZiUvujyx

[Uniworld Chennai Owners Association @UCOAWelfare]

Yeah right! Been hearing this for ages now. Will believe it when it actually happens.

[The Wire @thewire_in]

In India’s two biggest cities, Mumbai and Delhi, property prices were expected to plunge 7.3% and 7.0% this year.

Housing projects have stalled as the reverse migration of workers out of major cities leads to labour shortages.

https://t.co/PzhUocTDAZ

[Uniworld Chennai Owners Association @UCOAWelfare]

@LiveLawIndia Hopefully restructuring will bring some respite for the HBs. Many banks stopped disbursing loans citing project delays. Hopefully that will resume too. Just hope builders won't hold HBs responsible for banks refusal to disburse.
@FightForRERAInd
#Amrapali
#AmrapaliFlatBuyers

[Uniworld Chennai Owners Association @UCOAWelfare]

Eh!? Judge says money is probably diverted, and this lawyer is asking if 'homebuyers' are serious about it. Seriously dude!! You think people spent money and booked houses for time-pass?
@FightForRERAInd
#Amrapali
#AmrapaliHomeBuyers

[Live Law @LiveLawIndia]

Salve continues, “For the projects, homebuyers should be asked to make some deposit so that we know they are serious about it. A separate company by SBI Caps can be floated to finance the project. We will sit with the lawyers of NBCC. We have identified 7 projects till now”.

[Uniworld Chennai Owners Association @UCOAWelfare]

@manishanataraj We have been hearing about correction on one pretext or the other for ages. First over-supply then demo now this. Only, the correction never happens. Surveys show prices have reduced some %. But when buyers approach builder, it is nowhere. The reduction is only seen in surveys.

[Uniworld Chennai Owners Association @UCOAWelfare]

Hmm!
#Unitech
#Amrapali

@FightForRERAInd
@manishanataraj
@abhaykol
@VvekTyagi

[Bar and Bench @barandbench]

Amrapali Home Buyers Case: Supreme Court asks govt to give 500 crore loan to complete projects, orders attachment of JP Morgan properties
@jpmorgan #AmrapaliFlatBuyers #Amrapali #SupremeCourt
https://t.co/CW6nub4Kfp

[Uniworld Chennai Owners Association @UCOAWelfare]

@FightForRERAInd
@amrapli
@advbuyersgroup
@manishanataraj
@abhaykol

[Bar and Bench @barandbench]

Supreme Court hearing the case concerning Amrapali Home buyers case.

Senior Advocate R Venkatramani addressing the Court first.

#SupremeCourt
#Amrapali

[manisha natarajan @manishanataraj]

Home buyers are not irrational. They get the delay caused by #lockdown. Force majeure or not. What they can't comprehend is why has the needle barely moved on the distressed projects stuck for years. @VvekTyagi @abhaykol @FightForRERAInd

[Uniworld Chennai Owners Association @UCOAWelfare]

Hopefully things will move forward. Deloitte helping with the resolution plan.
@AntheaBuyers @VvekTyagi @FightForRERAInd @fightforreraTN

[Moneycontrol @moneycontrolcom]

EXCLUSIVE | The newly-constituted board of directors of embattled real estate firm #Unitech is hopeful of finalising the resolution plan to complete stuck projects by March 15, sources tell Moneycontrol's @vandanaramnani1
https://t.co/gzqlzfwO8P

[Uniworld Chennai Owners Association @UCOAWelfare]

Additional super area offered in lieu of delay penalty. Now buyers have to pay for the additional super area and they won't get the delay penalty either. Bad faith all round.

@FightForRERAInd
@manishanataraj
@UPRERAofficial
@abhaykol

[ETRealty @Realty_Et]

ETRealty | Noida: Jaypee flat buyers asked to pay more for additional super area https://t.co/eKaVQSsf3B

[Uniworld Chennai Owners Association @UCOAWelfare]

If delay is not due to Corporate Debtor but force majeure it cannot be alleged that Corporate Debtor defaulted in delivering possession. Penalty can be imposed on allottees if they initiate fraudulent & malicious insolvency proceedings. Great! What's next!
https://t.co/r1R52eoVx8

[Uniworld Chennai Owners Association @UCOAWelfare]

@VvekTyagi @scigovin 1. Can refund seekers change their choice to possession?
2. But why the extra 9% for those who change to possession? They got refund only pursuant to a court order.
3. What of those who have spent the refunds they have got? Can they continue with refund option?