Category: RERA

MahaRERAs-10000-Approvals-Signal-Scale

MahaRERA’s 10,000+ Approvals Signal Scale — But Also a System Under Watch

April 23, 2026

Maharashtra’s real estate ecosystem is entering a phase where regulatory momentum is no longer just about approvals—it is about discipline, timelines, and credibility. In FY 2025–26, the Maharashtra Real Estate Regulatory Authority (MahaRERA) cleared 10,379 housing projects, covering fresh registrations, corrections, and timeline extensions. The scale of this activity reflects not just sectoral demand, but […]

MahaRERA’s 10,000+ Approvals Signal Scale — But Also a System Under Watchmore
Imposed Penalty

Karnataka: 10 Builders Yet to Clear ₹347 Crore in Penalties

June 24, 2025

Years after the Real Estate Regulation and Development Act (RERA) came into force, several major builders in Karnataka continue to defy recovery orders issued by the Karnataka Real Estate Regulatory Authority (K-RERA). This prolonged inaction has left countless aggrieved homebuyers in a frustrating cycle of chasing justice through courts and government offices—despite having rulings in […]

Karnataka: 10 Builders Yet to Clear ₹347 Crore in Penaltiesmore
rera

UP-RERA Returns ₹128 Crore to Over 350 Homebuyers in 2025

June 20, 2025

LUCKNOW: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has reported significant progress in safeguarding homebuyer interests by recovering ₹128 crore this calendar year from developers who failed to complete their housing projects. This amount has been directly deposited into the bank accounts of approximately 376 homebuyers, marking a noteworthy step in ensuring financial redressal […]

UP-RERA Returns ₹128 Crore to Over 350 Homebuyers in 2025more
rera

DDA Moves Delhi High Court, Contests RERA’s Authority to Issue Directives

June 11, 2025

NEW DELHI: In an unusual legal development involving two statutory bodies, the Delhi Development Authority (DDA) has approached the Delhi High Court to challenge the jurisdiction of the Real Estate Regulatory Authority (RERA). The DDA has questioned the legal competence of RERA to issue it directions, particularly regarding the mandatory registration of its housing projects. […]

DDA Moves Delhi High Court, Contests RERA’s Authority to Issue Directivesmore

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
Home Loan

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
MAHA RERA

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
Home Loan

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