Category: RERA

20,000 real estate agents’ registrations are suspended by MahaRERA.

May 24, 2024

MUMBAI: Only 13,000 real estate brokers remain in the state of Maharashtra after the real estate authority in the state announced on Thursday that it has suspended the registration of 20,000 brokers. The regulator, which started registering middlemen for real estate transactions in 2017, has 47,000 agents registered in total.13,785 agents had their registrations canceled […]

20,000 real estate agents’ registrations are suspended by MahaRERA.more

MahaRERA suggests that builders self-declare the quality of their projects.

May 14, 2024

MUMBAI: Real estate developers are expected to submit an annual self-declaration of the quality assurance of their projects to the Maharashtra Real Estate Regulatory Authority (MahaRERA). This self-declaration will be based on a number of factors, including structural design, stability, testing, input material quality, workmanship quality, and other important considerations. The action is intended to […]

MahaRERA suggests that builders self-declare the quality of their projects.more

Builders who witness clients failing to make timely payments must register complaints: Chairman of Delhi-RERA

April 16, 2024

NEW DELHI: If clients fail to pay the full amount owed on residential or commercial buildings they have purchased, builders should lodge complaints with the relevant regulatory bodies, in Delhi said Anand Kumar, chairman of RERA. The chairman of Delhi’s Real Estate Regulatory Authority, Kumar, warned real estate developers not to fall into the “trap […]

Builders who witness clients failing to make timely payments must register complaints: Chairman of Delhi-RERAmore

To assist homebuyers, UP-RERA begins pre-hearing review of complaints.

February 13, 2024

To expedite the resolution of cases, the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) began a pre-hearing review of complaints on Monday. Homebuyers and promoters can file complaints through the e-courts facility provided by UP RERA. On December 2, 2023, it released updated standard operating procedures (SOP) for the submission, review, and hearing of […]

To assist homebuyers, UP-RERA begins pre-hearing review of complaints.more

Notices are sent to 41 unregistered plot projects by MahaRERA.

February 3, 2024

PUNE: The Real Estate Regulatory Authority of Maharashtra has released 41 unregistered plotted development projects in the state that were publicized without the required MahaRERA registration received notices. While conducting property inspections in response to purchasers’ complaints about project delays in rural areas, MahaRERA authorities discovered that developers of numerous planned areas had sold units […]

Notices are sent to 41 unregistered plot projects by MahaRERA.more

A Rs. 25,000 fine has been imposed on ICICI Home Finance for failing to execute a loan application for three years.

January 15, 2024

NAMAKKAL: A man has been ordered by the Namakkal District Consumer Disputes Redressal Commission (NCDRC) to receive Rs 25,000 from ICICI Home Finance for the three years that the company neglected to execute his loan application. In January 2019, R Murugesan, 46, a resident of Kothur near VG Patty in the district and a worker […]

A Rs. 25,000 fine has been imposed on ICICI Home Finance for failing to execute a loan application for three years.more

285 promoters receive show-cause warnings from Odisha RERA for breaking regulations.

January 5, 2024

BHUBANESWAR: The Odisha Real Estate Regulatory Authority (ORERA) has sent show cause letters to 285 builders for failing to publish the Quarterly Progress Report (QPR) of ongoing projects around the state on the authority’s website, meaning that time is running out for misbehaving promoters. As per the regulations, real estate project promoters are required to […]

285 promoters receive show-cause warnings from Odisha RERA for breaking regulations.more

The action taken by MahaRERA over non-compliance leads to a rise in quarterly project updates.

January 4, 2024

Even before the regulator issues a warning, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has noticed a rise in the number of projects adhering to the necessary requirement of Quarterly Progress Reports (QPR). More than 222 projects, or 46.25% of the 480 projects registered in April 2023, have been prompted by the regulator’s rigorous action […]

The action taken by MahaRERA over non-compliance leads to a rise in quarterly project updates.more

Just 18% of MahaRERA recovery warrant orders have been completed.

December 24, 2023

PUNE: According to the most recent data available from the Maharashtra Real Estate Regulatory Authority (MahaRERA), for the last six years, the 13 district collectorates in the state have only executed 204 recovery warrant complaints out of a total of 1,123 complaints. Out of Rs 736.66 crore, just 18% of the cases have been resolved, […]

Just 18% of MahaRERA recovery warrant orders have been completed.more

SC upholds Palais Royale’s 2019 sale to Pune’s Honest Shelters.

December 18, 2023

MUMBAI: There could be a glimmer of hope for dozens of high net worth individuals who paid tens of crores a decade ago to book luxury apartments in the 3,500-crore Palais Royale, a skyscraper in Worli. At294m (56 floors), it is one of the tallest residential towers in the country. On December 6, the SC […]

SC upholds Palais Royale’s 2019 sale to Pune’s Honest Shelters.more

Category: RERA

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