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The national consumer commission has sentenced Supertech MD, Mohit Arora, to three years in jail for failing to refund a homebuyer after not handing over possession of his house in UP's Yamuna Expressway Industrial Development Area (YEIDA) for several years.

National Consumer Commission Orders Supertech MD's Arrest For Failing To Refund Homebuyer The commission directed that its order shall come into effect after seven days if the builder fails to deposit around Rs 1.79 crore

The two towers, comprising over a thousand flats, were declared illegal by the Allahabad high court, which had in 2017 directed their demolition and the builder was ordered to refund the amount to homebuyers who booked flats in those two towers in its Emerald Court project in Sector 93A in Noida.

Supertech Twin Tower Case: Demolish Supertech's Noida twin towers; Supreme Court | Noida News - Times of India In a major blow to real estate company Supertech, the apex court on Tuesday directed it to demolish two additional 40-storey towers in one of its hous

Homebuyers and activists say they have problems getting crucial information about projects since the RERA website has failed to provide project-wise details. As a result, people continue to invest in projects without full information about their legality.

https://www.deccanherald.com/city/top-bengaluru-stories/rera-turns-five-but-homebuyers-have-little-to-cheer-1006935.html

RERA turns five, but homebuyers have little to cheer The Karnataka Real Estate Regulation Authority (K-RERA), which completes its fifth year on Saturday, has failed to fulfil its purpose of bringing transparency to the sector. Homebuyers and activists say they have problems getting crucial information about projects since the RERA website has failed t...

Shrinking demand for traditional leases.

India Flex Workspace Predictions 2021 | Forbes India Paras Arora, CEO, Qdesq, India's largest tech-enabled marketplace for flexible workspaces, talks about key trends