Category: INDIA / WORLD

RERA Project Registrations Decline by 21% Between 2022 and 2024: Report

March 4, 2025

NEW DELHI [India], March 2 (ANI): The number of projects registered under the Real Estate Regulatory Authority (RERA) has witnessed a significant decline of 21% between 2022 and 2024, according to a recent report by NSE-listed data analytics firm PropEquity. As per the report, project registrations had previously experienced remarkable growth, surging by 145% and […]

RERA Project Registrations Decline by 21% Between 2022 and 2024: Reportmore

Karnataka RERA Struggles to Recover Rs 666 Crore from Builders

February 28, 2025

BENGALURU: The Karnataka Real Estate Regulatory Authority (K-Rera), set up to safeguard homebuyer interests, has failed to recover Rs 666 crore — or 88% — of the Rs 758 crore it had ordered builders to pay their customers under the head of refund for incomplete/delayed projects, among other things. As on Dec 31, 2024, K-Rera […]

Karnataka RERA Struggles to Recover Rs 666 Crore from Buildersmore

Thane Municipal Commissioner Issues Strict Warning to Officials Over Illegal Constructions

February 25, 2025

THANE: The Thane Municipal Commissioner, Saurabh Rao, issued a warning of stern action against assistant commissioners if they fail to take action on illegal constructions within their respective areas. The warning was issued by Rao during a closed-door meeting with civic officials late Friday over the apparent flourishing of illegal constructions in the city and […]

Thane Municipal Commissioner Issues Strict Warning to Officials Over Illegal Constructionsmore

Maha Govt invite developers to develop 3360 acres of MSRTC land bank: Maha Transport Minister

February 22, 2025

Government to Fast–Track MSRDC Bus Depots Developments across District, Taluka & Rural Levels: Mr Pratap Sarnaik, Minister of Transport, Government of Maharashtra NAREDCO NextGen ‘Digital Learning Hub’ launched by Shri Pratap Sarnaik, Transport Minister, Govt of Maharashtra Mumbai, February 11, 2025: Shri Pratap Sarnaik, Minister of Transport, Government of Maharashtra announced that the State’s […]

Maha Govt invite developers to develop 3360 acres of MSRTC land bank: Maha Transport Ministermore

From Buyers to Investors: How Women are Leading Mumbai’s Real Estate Market

Attributed to Mr. Nikunj Sanghavi, Managing Director of Veena Developers Dreams are made in Mumbai, and so is the shift in its realty landscape. Women, once primarily being homemakers or equal partners who are always in the background while deciding on property matters, are taking the lead in this department both as homebuyers and investors. […]

From Buyers to Investors: How Women are Leading Mumbai’s Real Estate Marketmore

Haryana RERA levies a Rs 50 lakh penalty on Birla Estates in Gurugram

February 21, 2025

GURUGRAM: The Haryana Real Estate Regulatory Authority (H-Rera) has slapped a substantial fine of Rs 50 lakh on Birla Estates Pvt Ltd for promoting a housing project that lacked proper registration, breaching critical provisions of the Real Estate (Regulation and Development) Act, 2016. The authority discovered that Birla Estates had started advertising its forthcoming group […]

Haryana RERA levies a Rs 50 lakh penalty on Birla Estates in Gurugrammore

Over 8,000 Complaints Pending Resolution at Maharashtra RERA

February 18, 2025

MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA), established to address real estate consumer grievances, is now under scrutiny as homebuyers struggle to get relief. With over 8,000 complaints pending and delays in executing orders—such as recovery warrants by revenue authorities—experts argue that MahaRERA lacks enforcement power and needs to take stronger action. Consider the […]

Over 8,000 Complaints Pending Resolution at Maharashtra RERAmore

MHADA to Complete Structural Audit of 1,000 Cessed Buildings in Mumbai by March 2025

February 14, 2025

The Maharashtra Housing and Area Development Authority (MHADA) is set to conduct a structural audit of 1,000 cessed buildings in Mumbai by March 2025 as part of the Maharashtra government’s 100-day action plan. MHADA Vice President and CEO, Sanjeev Jaiswal, has directed officials to expedite the process to ensure the audit is completed on time. […]

MHADA to Complete Structural Audit of 1,000 Cessed Buildings in Mumbai by March 2025more

Telangana RERA penalizes builder for project delay, directs payment of interest to buyer until flat handover.

February 13, 2025

HYDERABAD: The Telangana State Real Estate Regulatory Development Authority (RERA) has ruled that a builder must compensate a homebuyer with interest for the delay in handing over his flat, ensuring that the complainant is financially reimbursed for the prolonged wait. The case was brought forward by Kollepara Veera Venkata Satya Vara Prasad, who purchased a […]

Telangana RERA penalizes builder for project delay, directs payment of interest to buyer until flat handover.more

Noida Authority to Appoint Private Consultant for Overseeing NCLT Cases and Land Payments

February 10, 2025

NOIDA: The Noida Authority is set to enlist the services of a private consultancy firm to oversee its escrow accounts, track insolvency cases under the National Company Law Tribunal (NCLT), and enhance internal coordination, among other critical functions. The selected consultant will play a key role in implementing escrow agreements and providing timely updates on […]

Noida Authority to Appoint Private Consultant for Overseeing NCLT Cases and Land Paymentsmore

Category: INDIA / WORLD

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