Category: 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

Nearly 77% of Ghaziabad’s UP-RERA-issued certificates were recovered.

December 29, 2024

GHAZIABAD: Approximately 77% of recovery certificates (RCs) issued by the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) to defaulting developers in Ghaziabad have been successfully recovered. This achievement marks the city as having the lowest pendency rate for realizing recovery certificates in the state. Data from the Board of Revenue reveals that Ghaziabad has a […]

Nearly 77% of Ghaziabad’s UP-RERA-issued certificates were recovered.more

Gujarat RERA Introduces New Banking Rules for Developers.

December 24, 2024

AHMEDABAD: The Gujarat Real Estate Regulatory Authority (GujRERA) has unveiled a set of new banking regulations, which will take effect starting January 1, 2025. These updated rules mandate that developers maintain three distinct bank accounts for each project, a move aimed at enhancing transparency in financial transactions within the real estate sector. Under the revised […]

Gujarat RERA Introduces New Banking Rules for Developers.more

Bhubaneswar ADM Serves Show-Cause Notice to Builder for Defying ORERA Compensation Order

December 12, 2024

BHUBANESWAR: The Additional District Magistrate (ADM) of Bhubaneswar has issued a show-cause notice to a city-based real estate developer for failing to comply with an Odisha Real Estate Regulatory Authority (ORERA) directive. The order, issued in 2019, directed the builder to compensate 18 aggrieved homebuyers with Rs 87.94 lakh due to delays in delivering a […]

Bhubaneswar ADM Serves Show-Cause Notice to Builder for Defying ORERA Compensation Ordermore

Haryana RERA mandates builders to file annual reports within 30 days

November 29, 2024

GURUGRAM: The Haryana Real Estate Regulatory Authority (HRera) has issued a firm directive to real estate promoters, requiring them to submit annual reports for their under-construction projects within 30 days. This directive follows the regulator’s observation of widespread non-compliance by promoters, raising serious concerns about transparency and accountability within the real estate sector. During a […]

Haryana RERA mandates builders to file annual reports within 30 daysmore

Requests to Deregister 19 More Projects Are Received by Maharashtra RERA

November 26, 2024

MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has received fresh applications for the deregistration of 19 additional projects across the state. Among these are prominent projects such as Lokhandwala’s development at Worli Naka and a Lodha project in Dombivli. This development adds to the growing number of deregistration requests, with MahaRERA having received applications […]

Requests to Deregister 19 More Projects Are Received by Maharashtra RERAmore

Telangana RERA Penalizes Sterling Homes ₹18 Lakh for Project Delays.

November 23, 2024

HYDERABAD: The Telangana Real Estate Regulatory Authority (RERA) has levied a penalty of ₹17.9 lakh on Sterling Homes Private Limited for failing to complete the “Sterling Orchids” residential project within the timeline specified under its RERA registration. Located in Mallampet Village, Medchal-Malkajgiri district, the project was initially scheduled for completion by July 1, 2023, with […]

Telangana RERA Penalizes Sterling Homes ₹18 Lakh for Project Delays.more

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

Category: RERA

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