Category: RERA

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
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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

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

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

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

Maharashtra RERA Freezes Bank Accounts of Over 1,950 Stalled Real Estate Projects

January 13, 2025

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has intensified its crackdown on real estate developers responsible for stalled or lapsed projects by freezing the bank accounts of over 1,950 such ventures. This decisive action is aimed at enforcing accountability among developers while protecting the interests of homebuyers who have been impacted by delayed or incomplete […]

Maharashtra RERA Freezes Bank Accounts of Over 1,950 Stalled Real Estate Projectsmore
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UP RERA’s Remarkable Recovery: ₹674 Crore Recovered Under Sanjay Bhoosreddy’s Leadership

January 6, 2025

LUCKNOW: Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has achieved a significant milestone by recovering ₹674 crore from promoters and developers over the past 17 months. This impressive feat coincides with the tenure of Sanjay Bhoosreddy, a 1989 batch IAS officer, who assumed the office of chairman during this period. Before Bhoosreddy’s leadership, the […]

UP RERA’s Remarkable Recovery: ₹674 Crore Recovered Under Sanjay Bhoosreddy’s Leadershipmore
MAHA RERA

In an effort to increase developer compliance, Maharashtra RERA has updated its requirements for self-regulating organizations. Real Estate

January 3, 2025

MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has updated the eligibility criteria for forming Self-Regulatory Organizations (SROs), a move aimed at bolstering compliance among real estate developers. The revision reduces the minimum project threshold for SRO formation from 500 to 200 projects in areas outside the Mumbai Metropolitan Region (MMR). This change seeks to […]

In an effort to increase developer compliance, Maharashtra RERA has updated its requirements for self-regulating organizations. Real Estatemore