Six homebuyers have filed a lawsuit against Noah Real Estate at federal courts, seeking compensation for delayed deliveries and utility installations. The developer rejects parts of the claims as speculative. Both sides await a ruling on post-construction price adjustments.
A group of six homebuyers presented federal judges with a detailed legal checklist. They demand compensation for delayed delivery, full utility installations, and coverage of all litigation costs.
Noah Real Estate has pushed back in court. It dismisses claims for future utility expenses and secondary losses as speculative and unproven.
The legal stalemate leaves millions of Birr in real estate values frozen. Both sides await a judicial ruling on the validity of post-construction price adjustments.
