Category: Realty_Quarter

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

The Global Real Estate Marketplace – IPS(International Property Show) 2025 | 14-16 April 2025 | Dubai World Trade Centre

February 23, 2025

The premier property sales event in the Middle East, uniting real estate professionals and investors worldwide. ABOUT IPS (International Property Show) IPS is a dynamic showcase of real estate activities, including an expansive Exhibition, insightful Conference sessions, and enriching Workshops and Trainings, all aimed at enhancing participants’ expertise. The event features visionary startups vying for […]

The Global Real Estate Marketplace – IPS(International Property Show) 2025 | 14-16 April 2025 | Dubai World Trade Centremore

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

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

Aadhar Housing Finance Registers 17.17% Increase in Net Profit for Q3 FY25

February 6, 2025

NEW DELHI: Aadhar Housing Finance has posted a 17.17% increase in its consolidated net profit for the quarter ended December 31, 2024. The company’s profit after tax (PAT) rose to ₹239.34 crore in Q3 FY25, compared to ₹204.27 crore recorded in the same quarter of the previous fiscal, as per its filing with the BSE. […]

Aadhar Housing Finance Registers 17.17% Increase in Net Profit for Q3 FY25more

Builders Cannot Deduct More Than 10% of Base Price in Case of Cancellation by Homebuyers: Supreme Court

February 5, 2025

NEW DELHI: In a landmark decision, the Supreme Court has ruled that real estate developers cannot enforce one-sided agreements that unfairly favor them, particularly in cases where homebuyers seek to cancel their bookings. The court made it clear that developers cannot deduct unreasonable amounts upon cancellation and that forfeiture should not exceed 10% of the […]

Builders Cannot Deduct More Than 10% of Base Price in Case of Cancellation by Homebuyers: Supreme Courtmore

Category: Realty_Quarter

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