Latest news with #Azalia


Economic Times
13-05-2025
- Business
- Economic Times
As dream homes turn into debt traps, SC steps in to nix builder-bank nexus
Sachin Chauhan was 30 when he booked his dream home in Supertech's Azalia project located in Sector 68, Gurugram in November 2015. Priced at INR80 lakh, the flat came with an irresistible offer — no EMIs until possession — thanks to the subvention scheme where the builder promised to pay the EMIs until the flat was handed over in December 2019. For the first two years, things looked promising. The builder paid EMIs on time, and progress at the


Time of India
13-05-2025
- Business
- Time of India
As dream homes turn into debt traps, SC steps in to nix builder-bank nexus
Sachin Chauhan was 30 when he booked his dream home in Supertech's Azalia project located in Sector 68, Gurugram in November 2015. Priced at INR80 lakh, the flat came with an irresistible offer — no EMIs until possession — thanks to the subvention scheme where the builder promised to pay the EMIs until the flat was handed over in December 2019. For the first two years, things looked promising. The builder paid EMIs on time, and progress at the