Category: Regulatory

NHB Criticizes Home Financiers for Bundling Insurance Policies with Housing Loans

March 25, 2025

The National Housing Bank (NHB) has strongly criticized home financiers for engaging in the mis-selling of insurance policies tied to housing loans. The regulator has instructed housing finance companies (HFCs) to cease bundling insurance products without fully disclosing their terms and conditions to borrowers. In two separate notices dated December 10, 2024, and March 12, […]

NHB Criticizes Home Financiers for Bundling Insurance Policies with Housing Loansmore
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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

Why is Mumbai’s Commercial Real Estate Peaking in Expense?

Written by Anuj Mehta, Partner, Dhuleva Group Mumbai, the financial capital of India, has been a commercial real estate hotspot for decades. The city continues to be a magnet for businesses, investors, and multinational corporations, despite soaring property prices and rising operating costs. The above significant factors have further driven the continuous demand for commercial properties shaping Mumbai’s […]

Why is Mumbai’s Commercial Real Estate Peaking in Expense?more

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

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

Madhya Pradesh High Court Warns Bhopal Collector Over Non-Compliance with RERA Order

March 3, 2025

Bhopal: The Madhya Pradesh High Court has issued a stern directive to the Bhopal collector, instructing him to implement its earlier order within 10 days or personally appear before the court at the next hearing of a contempt petition filed by city resident Arvind Verma. This marks Verma’s second contempt petition after the collector failed […]

Madhya Pradesh High Court Warns Bhopal Collector Over Non-Compliance with RERA Ordermore

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

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