Category: INDIA / WORLD

MahaRERA Orders Honest Shelters to Transfer Flats to IIFL

January 20, 2025

MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA), in a detailed order issued on January 16, instructed Honest Shelters to hand over possession of six flats in the “Palais Royale” project located in Worli to India Infoline Finance Limited (IIFL). Additionally, the regulatory body directed the promoter to pay interest to IIFL for the delayed […]

MahaRERA Orders Honest Shelters to Transfer Flats to IIFLmore

Bengaluru: Builders Allegedly Sell Six Flats to Multiple Buyers Using Forged Documents

BENGALURU: In a shocking case of alleged fraud, a south Bengaluru-based auditor and five others have accused three brothers running a real estate firm of selling six flats in an apartment complex to multiple buyers using forged documents. An FIR has been lodged by the Banashankari police following a complaint from 53-year-old S. Vidyasagar, an […]

Bengaluru: Builders Allegedly Sell Six Flats to Multiple Buyers Using Forged Documentsmore

Maharashtra RERA Caps SRO Appointee Tenure at Two Years

January 16, 2025

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has introduced a policy limiting the tenure of representatives from Self-Regulatory Organisations (SROs) assisting with housing project registrations to a maximum of two years. This measure aims to prevent potential conflicts of interest and enhance the efficiency of the registration process. In its directive to the SROs, MahaRERA […]

Maharashtra RERA Caps SRO Appointee Tenure at Two Yearsmore

Regularisation Plea Can Be Entertained Only for Irregular, Not Illegal, Structures: HC

January 14, 2025

PANAJI: The Bombay High Court at Goa rejected the plea of Abdul Linganmata, who sought the regularisation of his structure in Assolda. The panchayat, the director of panchayats, and the district court had all previously determined that Linganmata’s structure was newly constructed and illegal. Linganmata challenged the district court’s decision before the high court. In […]

Regularisation Plea Can Be Entertained Only for Irregular, Not Illegal, Structures: HCmore

Maharashtra RERA Freezes Bank Accounts of Over 1,950 Stalled Real Estate Projects

January 13, 2025

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has intensified its crackdown on real estate developers responsible for stalled or lapsed projects by freezing the bank accounts of over 1,950 such ventures. This decisive action is aimed at enforcing accountability among developers while protecting the interests of homebuyers who have been impacted by delayed or incomplete […]

Maharashtra RERA Freezes Bank Accounts of Over 1,950 Stalled Real Estate Projectsmore

The Evolution of City Life: Homes, Offices, and Leisure in One Space

Authored by Mr. Nikunj Sanghavi, Managing Director of Veena Developers With the concepts of convenience, efficiency, and sustainability at the heart of urban planning, the Indian city is witnessing increasing traction with the concept of mixed-use developments. These are being created as a singularly designed residential, commercial, and retail space combination and changing the way […]

The Evolution of City Life: Homes, Offices, and Leisure in One Spacemore

Supreme Court Criticizes Maharashtra Authorities for Failing to Compensate Villagers After Land Acquisition

January 7, 2025

On Monday, the Supreme Court took a strong stand against the Maharashtra government for failing to compensate villagers after acquiring their land nearly two decades ago. Calling it a “classic case” of state authorities neglecting their responsibilities, the apex court warned that if the compensation were not disbursed by January 31, 2025, it would initiate […]

Supreme Court Criticizes Maharashtra Authorities for Failing to Compensate Villagers After Land Acquisitionmore

UP RERA’s Remarkable Recovery: ₹674 Crore Recovered Under Sanjay Bhoosreddy’s Leadership

January 6, 2025

LUCKNOW: Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has achieved a significant milestone by recovering ₹674 crore from promoters and developers over the past 17 months. This impressive feat coincides with the tenure of Sanjay Bhoosreddy, a 1989 batch IAS officer, who assumed the office of chairman during this period. Before Bhoosreddy’s leadership, the […]

UP RERA’s Remarkable Recovery: ₹674 Crore Recovered Under Sanjay Bhoosreddy’s Leadershipmore

In an effort to increase developer compliance, Maharashtra RERA has updated its requirements for self-regulating organizations. Real Estate

January 3, 2025

MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has updated the eligibility criteria for forming Self-Regulatory Organizations (SROs), a move aimed at bolstering compliance among real estate developers. The revision reduces the minimum project threshold for SRO formation from 500 to 200 projects in areas outside the Mumbai Metropolitan Region (MMR). This change seeks to […]

In an effort to increase developer compliance, Maharashtra RERA has updated its requirements for self-regulating organizations. Real Estatemore

Realty Quarter: Celebrating a Remarkable Milestone.

We are excited to share the fantastic news with our readers and supporters! Realty Quarter has been recognized as the 3rd Top Real Estate Magazine in India by Feedspot! This achievement highlights our unwavering commitment to delivering comprehensive and insightful content on the real estate sector, both within India and across the globe. […]

Realty Quarter: Celebrating a Remarkable Milestone.more

Category: INDIA / WORLD

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