Category: RERA

Over 2,600 Real Estate Projects Expire in Karnataka; Many More Declared Lapsed: K-RERA Data

June 2, 2025

BENGALURU: The Karnataka Real Estate Regulatory Authority (K-RERA) has begun investigating several residential developments that have failed to meet their construction deadlines and have not submitted required progress updates. According to the latest data from K-RERA, a large number of real estate projects have missed their delivery timelines, with more than 2,600 officially marked as […]

Over 2,600 Real Estate Projects Expire in Karnataka; Many More Declared Lapsed: K-RERA Datamore

Flat Sale Agreement Not Mandatory for Relief Under Real Estate Law: Rules MREAT

May 27, 2025

MUMBAI: In a significant ruling, the Maharashtra Real Estate Appellate Tribunal (MREAT) has overturned a 2020 MahaRERA decision that had denied compensation to a homebuyer due to the absence of a registered sale agreement. The tribunal found the denial unjustified and directed the developer to refund the sum paid by the buyer, along with applicable […]

Flat Sale Agreement Not Mandatory for Relief Under Real Estate Law: Rules MREATmore

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

Bombay High Court Criticizes Maharashtra RERA for Avoiding Hybrid Hearings

May 4, 2025

MUMBAI: The Bombay High Court strongly criticized the Maharashtra Real Estate Regulatory Authority (MahaRERA) for persisting with virtual-only hearings and showing unwillingness to resume hybrid or in-person proceedings. During a hearing on Wednesday, Justices Revati Mohite Dere and Neela Gokhale questioned the rationale behind denying physical appearances. “What is the difficulty in allowing parties to […]

Bombay High Court Criticizes Maharashtra RERA for Avoiding Hybrid Hearingsmore

Gujarat RERA Stops Bank from Taking Over Allottees’ Properties

April 3, 2025

Ahmedabad: The Gujarat Real Estate Regulatory Authority (GujRERA) has issued a directive preventing a nationalized bank from seizing properties belonging to allottees in a case involving a builder’s loan default. The authority emphasized that homebuyers have legal rights over the properties and instructed the bank to release any properties it had already taken possession of […]

Gujarat RERA Stops Bank from Taking Over Allottees’ Propertiesmore

Odisha RERA Penalizes Builder for Failing to Provide Adequate Parking Space for Homebuyer

March 26, 2025

BHUBANESWAR: The Odisha Real Estate Regulatory Authority (ORERA) has imposed a fine of ₹62 lakh on a city-based developer for failing to provide sufficient car parking space to a homebuyer in a real estate project located in Shankarpur. Officials confirmed that this marks the first instance of ORERA levying a fine specifically for inadequate parking […]

Odisha RERA Penalizes Builder for Failing to Provide Adequate Parking Space for Homebuyermore

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

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

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

Category: RERA

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