Category: World Real Estate News

Bombay HC looks to empower state to act against illegal constructions.

September 12, 2023

MUMBAI: The Bombay High Court argued on Monday in favor of giving the state authorities the authority to demolish unauthorized and unlawful structures quickly. “The government needs to understand that we don’t despise them. We won’t let this happen while we’re watching. The courts have been largely responsible for this, according to Justices Gautam Patel […]

Bombay HC looks to empower state to act against illegal constructions.more

The Growth Story of Andheri: An Unmissable Real Estate Investment.

September 11, 2023

Andheri West, a bustling suburb in Mumbai, has emerged as a hotspot for real estate investment in recent years. With its strategic location, excellent connectivity, and the plethora of amenities, Andheri West presents a compelling growth story for both homebuyers and investors. Andheri’s prime location within Mumbai is one of its most significant assets. Situated […]

The Growth Story of Andheri: An Unmissable Real Estate Investment.more

Banks consider including stamp duty and registry fees in mortgages.

September 9, 2023

According to those with knowledge of the situation, home loan applicants may be eligible for higher funding if the banking sector regulator approves a bank application to include stamp duty and other registration fees in the project cost. Lenders claimed that following an internal discussion at a meeting held last month, they contacted the Reserve […]

Banks consider including stamp duty and registry fees in mortgages.more

ED seizes the possessions of the defendants in the Rs 18 crore home loan fraud case.

September 7, 2023

BHUBANESWARIn relation to a loan scam of Rs 18.79 crore that was allegedly committed by the accused in Bhubaneswar in 2017, the Enforcement Directorate (ED) on Monday attached properties worth around Rs 19.67 crore belonged to a builder and three former bank officials. The ED began an investigation last year based on three FIRs filed […]

ED seizes the possessions of the defendants in the Rs 18 crore home loan fraud case.more

Builders are urged by Delhi RERA to register their projects or face sanctions.

September 4, 2023

NEW DELHI: The Delhi Real Estate Regulatory Authority (D-RERA) has advised all developers against breaking the law and requested that they register any residential or commercial projects with the organization right away. According to a directive released on September 4, failure to follow the directives might result in fines of up to 10% of the […]

Builders are urged by Delhi RERA to register their projects or face sanctions.more

Gujarat High Court summons the state government once more over RERA and REAT vacancies.

August 29, 2023

AHMEDABAD: The Gujarat High Court chastised the state government once more for failing to designate members and the chairperson of the Gujarat Real Estate Regulatory Authority (RERA) and its appeal tribunal. When the government promised the bench of Chief Justice Sunita Agarwal and Justice Aniruddha Mayee that vacancies in these bodies would be filled as […]

Gujarat High Court summons the state government once more over RERA and REAT vacancies.more

Now, prospective real estate brokers in Telangana must pass the RERA exam and obtain a credential.

August 28, 2023

HYDERABAD: Real estate agents in Telangana will soon be required to take an exam and obtain a certificate in order to perform their duties. Even individuals already in the industry will be required to take this test to renew their license. Telangana RERA chairman N Satyanarayana stated that the organization is working on finalizing the […]

Now, prospective real estate brokers in Telangana must pass the RERA exam and obtain a credential.more

CCI orders Chandigarh Housing Board to stop anti-competitive behaviour.

August 24, 2023

NEW DELHI: The Competition Commission has ordered the Chandigarh Housing Board (CHB) to stop engaging in anti-competitive acts and has decided not to levy any penalties because the organization has already implemented corrective measures. It was claimed that CHB exploited its dominating position by, among other things, imposing unreasonable conditions and clauses on allottees in […]

CCI orders Chandigarh Housing Board to stop anti-competitive behaviour.more

The Delhi RERA has directed builders to establish an allottee grievance cell.

August 23, 2023

NEW DELHI: The Delhi Real Estate Regulatory Authority (DRERA) has urged national capital real estate promoters and builders to “appoint a ‘Allottee Grievance Cell’ for each project with a designated telephone number to redress allottee grievances.” It has also directed them to publicly post their names, addresses, RERA number of registration of the projects, and […]

The Delhi RERA has directed builders to establish an allottee grievance cell.more

Bihar REAT regulations RERA cannot appoint officers on its own, as a ‘private limited corporation’ can.

August 21, 2023

NEW DELHI: The state Real Estate Appellate Tribunal (BREAT) has issued a reality check on the powers of Bihar’s real estate regulatory authority, saying the authority, or RERA cannot choose “officers and employees” like a “private limited company” can. It stated that all such appointments may only be made by the state government after consulting […]

Bihar REAT regulations RERA cannot appoint officers on its own, as a ‘private limited corporation’ can.more

Category: World Real Estate News

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