Category: Regulatory

Eva Aria in Chembur by Roha Realty (now known as Vida Realty) Achieves Major Milestone with 50% Inventory Sold

November 8, 2024

Mumbai, 6th November 2024: With the real estate industry projected to grow from USD 518.5 billion in 2024 to USD 856 billion by 2029, at a CAGR of 8.71% over the forecast period, Vida Realty is experiencing a strong growth trajectory in line with this expanding market. We are proud to announce the success of Eva […]

Eva Aria in Chembur by Roha Realty (now known as Vida Realty) Achieves Major Milestone with 50% Inventory Soldmore

Infomerics Ratings – Real Estate Industry Outlook Report

November 5, 2024

Infomerics Ratings has come out with an outlook report on “Indian Real Estate and Sustainability” by Dr. Manoranjan Sharma, Chief Economist, Infomerics Ratings. The report provides an insightful view of the Indian Perspective, Project completion, Retail Sector, Sales, The Micro Markets, Investments, Institutional Initiatives, Industry Risks, and Way Forward. Key highlights of the report are given below: India’s real estate sector remains optimistic, driven by stable residential demand […]

Infomerics Ratings – Real Estate Industry Outlook Reportmore

NBR Group Redefines Luxury Living with New Brand Identity, Tagline, and Logo

The new identity underscores NBR Group’s commitment to innovation and leadership in sustainable, modern living homes Bengaluru, November 04, 2024: NBR Group, a renowned name in Bengaluru’s real estate landscape for over 25 years, has unveiled a new logo and brand tagline “Elevate to Extraordinary”, as it moves from mid-segment homes to luxury hi-rise gated community living. This transformation underscores the […]

NBR Group Redefines Luxury Living with New Brand Identity, Tagline, and Logomore

Bombay High Court Directs State to Vacate Dadar Flat after 20-Year Rent Dispute.

November 4, 2024

MUMBAI: The Bombay High Court has clarified that while exact calculations are not typically required for regular rent payments, this does not excuse the State from neglecting its rent obligations for extended periods during an ongoing eviction lawsuit. This ruling upheld the Small Causes Court’s decision to return a flat in a prime Dadar location […]

Bombay High Court Directs State to Vacate Dadar Flat after 20-Year Rent Dispute.more

Capital India Finance Sells Housing Finance Subsidiary to Weaver Services for Rs 267 Crore

October 21, 2024

Capital India Finance Ltd (CIFL), a small-cap NBFC focusing on MSMEs, has sold its housing finance subsidiary, Capital India Home Loans Limited (CIHL), to Weaver Services Private Limited for Rs 267 crore, as stated in a company filing to the stock exchanges. Weaver Services is supported by a team of former HDFC employees. To fund […]

Capital India Finance Sells Housing Finance Subsidiary to Weaver Services for Rs 267 Croremore

Haryana RERA escalates the issue to the High Court over 207 arrest warrants issued against 20 builders.

October 18, 2024

GURUGRAM: This year, the Haryana Real Estate Regulatory Authority (H-RERA) has issued 207 arrest warrants targeting 20 developers based in the city for failing to comply with its orders to compensate homebuyers for delays in handing over flats. However, despite issuing these warrants, police have yet to act, prompting H-RERA to approach the Punjab and […]

Haryana RERA escalates the issue to the High Court over 207 arrest warrants issued against 20 builders.more

Maharashtra RERA issues warning to homebuyers about 314 housing projects undergoing insolvency

October 13, 2024

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued a caution to homebuyers, advising them against purchasing properties in 314 projects currently registered with the authority. These projects are undergoing insolvency proceedings at the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code (IBC) of 2016. Several banks, financial institutions, and other entities […]

Maharashtra RERA issues warning to homebuyers about 314 housing projects undergoing insolvencymore

Consumer Court Orders CanFin Homes to Pay Fine for Withholding Property Documents

October 10, 2024

BENGALURU: A consumer court has recently ruled against CanFin Homes Ltd, a housing finance company, for failing to return the property documents to a Bengaluru resident despite him having fully repaid his loan. The court has ordered the company to hand over all the documents and also compensate the borrower with over Rs 1.3 lakh. […]

Consumer Court Orders CanFin Homes to Pay Fine for Withholding Property Documentsmore

Rajasthan HC: Builders Cannot Sell Properties without Providing Basic Amenities

October 4, 2024

Jodhpur: The Rajasthan High Court has raised concerns about selling plots and houses in privately developed colonies that lack essential amenities such as proper drainage, electricity, and water supply. On Wednesday, the court directed the state government, development authorities, and urban bodies to ensure that no developer or builder can sell properties without complying with […]

Rajasthan HC: Builders Cannot Sell Properties without Providing Basic Amenitiesmore

Belicia revenue soars to over 200 crores in Q1 with record 80+ units sold

September 27, 2024

Thane’s finest and new beacon of luxury & elegant living Mumbai, September 20, 2024: ‘Belicia’ a luxurious residential project in Thane being developed by Prescon Group in collaboration with the esteemed House of Hiranandani has generated over 200 crores in revenue in Q1 of FY 2024-25, driven by the sale of more than 80 units. Speaking on the occasion Mr. Vedanshu Kedia, Director of […]

Belicia revenue soars to over 200 crores in Q1 with record 80+ units soldmore

Category: Regulatory

Sign Up for our Free Newsletter