Category: Project

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

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

Star Housing Finance Sees 25% Profit Growth in FY25

May 12, 2025

Star Housing Finance Limited (Star HFL), a BSE-listed company, reported a 25% increase in its profit after tax (PAT) for the financial year ending March 31, 2025. The PAT rose to ₹11.10 crore, compared to ₹8.88 crore in the previous financial year. The company’s total annual revenue jumped to ₹94.96 crore, marking a strong 54% […]

Star Housing Finance Sees 25% Profit Growth in FY25more
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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

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

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

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

February 22, 2025

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