The Gujarat Real Estate Regulatory Authority (GUJRERA) has come to the rescue of 24 flat owners of Floris 41 apartment located in the posh Jodhpur locality of Satellite area. A three-member bench of RERA has restrained the finance company from taking any action for defaulting on the payment of a loan taken by the apartment's promoter.
The flat owners approached RERA as they were facing action by the finance entity under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, commonly known as the SARFAESI Act.
Under this act, the bank or finance company can take possession of the mortgaged property against the loans.
This story is from the July 25, 2024 edition of Ahmedabad Mirror.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the July 25, 2024 edition of Ahmedabad Mirror.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Kim supports parents of kids with special needs
Reality star shared encouraging message with friend Lauren Sanchez, fiancee of Amazon founder Jeff Bezos
Why did actor Rajkummar refuse singer Adnan's voice?
Sources allege Stree 2 actor's demands puts music label & directors in a spot
A different kind of romance
The unconventional family drama-cum-romance Udan Chhoo has been winning hearts for the manner in which it explores marriage, romance and family ties
Khushi, Junaid starrer on a Valentine's date!
Actors' romantic film exploring 'love, likes and everything' is slated to be released in Feb 2025
The Last Minute Planner's Guide
Tired of running around for shopping or sorting passes and selecting private garba parties to attend just a couple of days ahead of Navratri? With two weeks to go still, mark your to-do list and ensure you have fun minus the crazy rush
India, Bangladesh intensify training ahead of first Test
Unusual weather pattern could affect the nature of the pitch
Haaland close to goal milestone
The experience of playing game after game will improve: Guardiola
Zampa set to play 100th ODI
Australia face England in opening match on Thursday
Maybe Nagal deliberately missed Davis Cup tie: AITA
India were hammered 0-4 by Sweden in World Group I contest
DOMINANT INDIA LIFT TITLE
Beat China 1-0 to win Asian Champions Trophy