Browsing: Builder buyer cases

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Will NCDRC Class Action Suit change broader housing realities in India?

Class Action Suit is a common case where the petitioners come together to file a joint case and are referred as “Class”. The condition here is that all the petitioners seek common relief. In legal terms, the case is advertised for the “class” to join, if they are aggrieved. In the case against Tirupati Balaji Builder, the NCDRC has granted refund with interest to all 232 home buyers as the project was not delivered. In India, Class Action Suit came into public discussion after a group of petitioners used this legal route against cheating with gold, and the court ordered compulsory Hallmark stamp. 

Consumer Connect Best practices, Best practices in Indian real estate, Professional practices in Indian real estate, Cheating in real estate, Builders cheating buyers, Consumer complaints in Indian real estate, India real estate news, Indian realty news, Real estate news India, Indian property market news, Track2Realty, Track2Media Research

Relationship management lacking in Indian realty

Investing in relationship management to earn the trust & goodwill of the homebuyers is something that the Indian real estate has not adopted as an industry practice. CRM or Customer Relationship Management is something that every developer today boasts of, but this relationship hardly goes beyond attending phone calls of aggrieved buyers and online registration of grievances.