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Florida buyer's condo unfinished after $1.65m deposit; $418m foreclosure suit

Nilesh Undavia and other buyers are struggling to receive their deposits for unfinished luxury condos in Boca Raton. The Mandarin Oriental Residences project has faced significant construction delays, impacting buyers' financial investments. A $417.7 million foreclosure lawsuit complicates the situation for prospective homeowners seeking refunds. Penn-Florida Companies attributes delays to…

Florida buyer's condo unfinished after $1.65m deposit; $418m foreclosure suit

We haven't written up this one. Times of India has the full story — the link below goes straight to it.

Read the original at timesofindia.indiatimes.com →

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