Category: Other Cities

Home Loan Borrowers Decline by 35% in FY25, Yet Average Mortgage Size Rises in Gujarat

May 24, 2025

AHMEDABAD: Gujarat’s housing finance landscape is showcasing a contrasting development—while the overall disbursement of home loans is increasing, the number of individual borrowers is witnessing a significant decline. In FY 2025, total housing finance disbursals in the state reached ₹58,399 crore, reflecting an 8.9% rise from ₹53,590 crore in FY 2024. However, during the same […]

Home Loan Borrowers Decline by 35% in FY25, Yet Average Mortgage Size Rises in Gujaratmore

Gurugram Civic Body Issues Notices to 22 Property Owners Owing Over ₹50 Lakh Each in Taxes

May 21, 2025

GURUGRAM: In a major enforcement move, the Municipal Corporation of Gurugram (MCG) on Tuesday issued notices to 22 prominent property tax defaulters, each of whom owes more than ₹50 lakh in outstanding dues. The step was initiated by the MCG’s taxation department as part of a larger campaign to recover unpaid taxes and strengthen municipal […]

Gurugram Civic Body Issues Notices to 22 Property Owners Owing Over ₹50 Lakh Each in Taxesmore

CBI Requests Land Allotment Files, Maps, and Lease Deeds for Four Housing Societies from YEIDA

May 15, 2025

NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has submitted a set of key documents to the Central Bureau of Investigation (CBI) as part of an ongoing probe into a suspected builder-bank nexus linked to the misuse of subvention schemes in housing projects. The materials handed over include land allotment files, lease deeds, approved building […]

CBI Requests Land Allotment Files, Maps, and Lease Deeds for Four Housing Societies from YEIDAmore

Around 60 Builders and Companies in Gurugram Found Illegally Drawing Groundwater: HWRA Committee Formed

May 10, 2025

GURUGRAM: In a significant crackdown on unauthorized groundwater extraction, the Haryana Water Resources Authority (HWRA) has identified around 60 builders and firms in Gurugram that have been illegally drawing groundwater. Following this discovery, HWRA last week constituted a dedicated committee tasked with inspecting these sites and sealing borewells that do not adhere to the required […]

Around 60 Builders and Companies in Gurugram Found Illegally Drawing Groundwater: HWRA Committee Formedmore

IBI Media Technologies Private Limited Announces the Acquisition of the RoofandFloor Brand

April 24, 2025

Chennai, Tamil Nadu, India IBI Media Technologies Private Limited, the company behind hyperlocal platforms ChennaiProperties.in, BengaluruProperties.com, CoimbatoreProperty.com, and HyderabadProperties.in, has announced the acquisition of the RoofandFloor brand from KSL Digital Ventures Limited, one of the companies of The Hindu group. RoofandFloor.com is one of India’s most trusted and recognised digital real estate platforms and will henceforth […]

IBI Media Technologies Private Limited Announces the Acquisition of the RoofandFloor Brandmore

MahaRERA Mandates Prominent Display of Project Registration Details in Housing Ads

April 12, 2025

PUNE: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has announced a significant directive requiring all developers to clearly and prominently display their project registration details in housing advertisements. This move comes in response to increasing concerns raised by homebuyers regarding the lack of transparency and incomplete disclosure of project information. According to a circular issued […]

MahaRERA Mandates Prominent Display of Project Registration Details in Housing Adsmore

Gujarat RERA Stops Bank from Taking Over Allottees’ Properties

April 3, 2025

Ahmedabad: The Gujarat Real Estate Regulatory Authority (GujRERA) has issued a directive preventing a nationalized bank from seizing properties belonging to allottees in a case involving a builder’s loan default. The authority emphasized that homebuyers have legal rights over the properties and instructed the bank to release any properties it had already taken possession of […]

Gujarat RERA Stops Bank from Taking Over Allottees’ Propertiesmore

Odisha RERA Penalizes Builder for Failing to Provide Adequate Parking Space for Homebuyer

March 26, 2025

BHUBANESWAR: The Odisha Real Estate Regulatory Authority (ORERA) has imposed a fine of ₹62 lakh on a city-based developer for failing to provide sufficient car parking space to a homebuyer in a real estate project located in Shankarpur. Officials confirmed that this marks the first instance of ORERA levying a fine specifically for inadequate parking […]

Odisha RERA Penalizes Builder for Failing to Provide Adequate Parking Space for Homebuyermore

Gujarat RERA Recognizes Existing Property Owners as Allottees

March 19, 2025

In a landmark ruling, the Gujarat Real Estate Regulatory Authority (GujRERA) has granted existing society members in redevelopment projects the dual status of allottee and co-promoter, marking a significant expansion of regulatory protection. The decision came in response to a complaint, where GujRERA directed the developer to complete the sale deed registration while affirming the […]

Gujarat RERA Recognizes Existing Property Owners as Allotteesmore

Luxury Real Estate Sector in India–The Next Big Trends

March 18, 2025

India’s luxury real estate sector is witnessing an unprecedented surge, setting new benchmarks in both demand and value. With record-breaking sales in 2024, the segment is poised to be one of the key growth drivers in 2025. According to a CBRE report, luxury housing sales jumped significantly from 12,895 units in 2023 to 19,700 units […]

Luxury Real Estate Sector in India–The Next Big Trendsmore

Category: Other Cities

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