Category: RERA

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Buildox Fined for Accepting Flat Booking Amount Without Telangana RERA Approval

November 18, 2024

HYDERABAD: The Telangana Real Estate Regulatory Authority (TG RERA) has penalized Buildox Private Limited with a fine of ₹1.6 lakh and directed the refund of ₹2 lakh to a flat buyer for allegedly collecting a booking amount without obtaining the necessary approvals. The complainant, Sharath, alleged that Buildox was promoting and accepting payments for a […]

Buildox Fined for Accepting Flat Booking Amount Without Telangana RERA Approvalmore

High Court: Petition Against Service Provider Before Karnataka RERA Unmaintainable

November 16, 2024

BENGALURU: The Karnataka High Court recently observed that a petition filed against a service provider before the Karnataka Real Estate Regulatory Authority (K-RERA) is not maintainable. This ruling came as the court allowed a petition filed by M/s Columbia Pacific Communities Pvt Ltd, Bengaluru, a company engaged in providing specialized senior-care services. The petitioner had […]

High Court: Petition Against Service Provider Before Karnataka RERA Unmaintainablemore

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

Over 200 New Projects Registered with Uttar Pradesh RERA between January and October 2024

October 27, 2024

NEW DELHI: From January 2024 through October 2024, approximately 220 new projects have been officially registered with the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA). This marks a considerable increase compared to previous years, as 190 projects were registered in 2023 and 215 in 2022. This trend highlights the strong growth in real estate developments […]

Over 200 New Projects Registered with Uttar Pradesh RERA between January and October 2024more

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
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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

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
MahaRERA

MahaRERA Grants Relief to Over 70 Buyers of Ruparel Skygreens Due to Delayed Possession.

September 17, 2024

MUMBAI: In a recent ruling, the MahaRERA has offered relief to more than 70 homebuyers who had purchased apartments in the Ruparel Skygreens project in Borivli. The promoter had failed to deliver the properties to the allottees, including those who had opted for the subvention scheme and the construction link plan scheme, by the agreed-upon […]

MahaRERA Grants Relief to Over 70 Buyers of Ruparel Skygreens Due to Delayed Possession.more
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State of Madhya Pradesh RERA Rejects EOW Probe into Chairman’s Allegations of Corruption

September 15, 2024

BHOPAL: The Madhya Pradesh Real Estate Regulatory Authority (RERA) has openly opposed the registration of an inquiry by the Economic Offenses Wing (EOW) against its chairman, AP Srivastava. The Authority argues that the investigation is unjustified and unnecessary, asserting that it is legally protected under section 90 of the RERA Act. Recently, the EOW initiated […]

State of Madhya Pradesh RERA Rejects EOW Probe into Chairman’s Allegations of Corruptionmore
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Regarding MahaRERA’s decision to establish a forum to resolve builder-buyer disputes, FPCE writes to the center of inquiry.

August 28, 2024

NEW DELHI: The Forum for People’s Collective Efforts (FPCE), an association representing homebuyers, has raised concerns over the Maharashtra Real Estate Regulatory Authority’s (MahaRERA) recent decision to establish and participate in a conciliation forum aimed at resolving disputes between builders and customers. FPCE argues that this move may overstep the authority’s legal powers and potentially […]

Regarding MahaRERA’s decision to establish a forum to resolve builder-buyer disputes, FPCE writes to the center of inquiry.more