HC preserves delayed-possession compensation claims after handover
Why it matters
This improves negotiation and recovery leverage for owners of delayed projects, but it is not an automatic payout. Buyers must establish the contractual possession date, actual handover date, payments received and whether any written full-and-final settlement was knowingly accepted.Value-Deal Angle
I would focus on completed or recently handed-over Gurgaon homes where the contractual possession date materially predates handover and the buyer has not signed a clear settlement waiver. I would verify the buyer-brokerage file, possession letter, conveyance deed, payment ledger and any HRera filing date before assigning compensation value to the asset.Advisor Implication
Obtain the registered buyer’s agreement, occupation certificate, possession letter, conveyance deed, complete payment ledger and every settlement communication. Build a date schedule against the three-year rule, separately excluding the stated Covid period, and have the specific claim reviewed before using it in price negotiations.Source: Times of India
Gurugram plans borewell phase-out after groundwater scrutiny
Why it matters
Water resilience can affect recurring ownership cost, liveability, maintenance charges and resale depth. A future shift away from borewells may expose societies with weak municipal connections or heavy tanker dependence to higher operating costs and service interruptions.Value-Deal Angle
I would examine established communities and new homes across Gurugram where the water source is documented and the society has a credible non-borewell backup. I would compare municipal connection capacity, treatment infrastructure, tanker dependence and recent maintenance charges rather than treating a low quoted price as value.Advisor Implication
Ask the RWA or facility manager for the latest water-source statement, municipal connection records, borewell permissions, tanker invoices, treatment-plant logs, storage capacity and the past twelve months of water-related complaints. Check whether any announced phase-out requirement has been formally notified to the specific project.Source: Indian Express