Category: World Real Estate News

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

Top 5 Real Estate Property Buying and Selling Websites in India

Why Navi Mumbai Is a Hotspot for NRI Property Buyers in 2025

By Mr. Ramesh D. Patel, Partner at The Platinum Group Navi Mumbai is emerging as one of the hottest off-shore investment destinations for India’s highest-yielding real estate markets, especially for Non-Resident Indian (NRI) investors. With huge-scale infrastructure development, increasing luxury home projects, and the highest returns on investment, the city provides the perfect opportunity for […]

Why Navi Mumbai Is a Hotspot for NRI Property Buyers in 2025more

Millennial Home Buying: Focusing on Tech and Convenience for Better Living

March 11, 2025

Kiran Reddy, Managing Director & CEO Bricks & Milestones As millennials grew up with technology at their fingertips, they are frequently referred to as “digital natives.” Their lives are significantly impacted by technology. High-speed internet access, integrated automation systems, and intelligent home features are important to them. In order to satisfy the demands of tech-savvy […]

Millennial Home Buying: Focusing on Tech and Convenience for Better Livingmore

Telangana RERA Penalizes TMR Marvel Developers with ₹19.8 Lakh Fine for Unfulfilled Promised Amenities

March 10, 2025

HYDERABAD: The Telangana Real Estate Regulatory Authority (TG RERA) has taken strict action against the developers of the TMR Marvel villa project in Macha Bolarum, near Alwal, by imposing a penalty of ₹19.8 lakh. The fine was levied on T Madhusudhan Reddy and Sree Ram Reddy for their failure to provide the amenities promised to […]

Telangana RERA Penalizes TMR Marvel Developers with ₹19.8 Lakh Fine for Unfulfilled Promised Amenitiesmore

Funding delays impede structural checks in 20 Gurugram housing complexes.

March 9, 2025

GURUGRAM: Structural audits in 20 residential societies have come to a standstill as builders and resident welfare associations (RWAs) continue to delay the deposit of necessary funds. Despite repeated notices from the Department of Town and Country Planning (DTCP) for over a year, no progress has been made, leaving the crucial structural safety assessments in […]

Funding delays impede structural checks in 20 Gurugram housing complexes.more

Jaipur: 900 Traders Protest Against HC Order to Seal 19 Buildings

March 6, 2025

JAIPUR: In response to the High Court’s directive to seal 19 buildings in the Walled City for alleged violations of building bylaws and heritage tampering, around 900 traders staged a protest at JMC-Heritage on Wednesday, demanding that their voices also be heard in the matter. The traders argued that their establishments are not encroachments, asserting […]

Jaipur: 900 Traders Protest Against HC Order to Seal 19 Buildingsmore

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

Category: World Real Estate News

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