Category: RERA

Despite the MahaRERA guideline, just 195 projects established grievance redressal cells.

June 26, 2024

Just 195 properties in the state have created the grievance redressal cell, despite the Maharashtra Real Estate Regulatory Authority’s mandate to realty developers to do so for their individual developments. In order to address the complaints of homeowners, the regulator has reviewed the matter and is currently preparing to take legal action against the developers […]

Despite the MahaRERA guideline, just 195 projects established grievance redressal cells.more

Global Headwinds, Local Strength: The Resilience of Indian Real Estate

June 15, 2024

The Indian real estate market has demonstrated remarkable resilience in the face of global challenges such as geopolitical uncertainties, economic turbulence, environmental issues, and the COVID-19 pandemic. This resilience, coupled with robust demand, regulatory reforms, technological advancements, and a growing economy, has enabled the sector to weather the global economic storm. According to a report […]

Global Headwinds, Local Strength: The Resilience of Indian Real Estatemore

Navanaami unveils its Magnum Opus – Megaleio: Hyderabad’s newest Landmark and the Destination for Luxury Living.

May 28, 2024

Spread over 1 acres, Megaleio will be in the lap of the nature, surrounded by a 1200-acre of greenery and amidst protected waterbodies Himayat Sagar and Osman Sagar. Megaleio enjoys the most unique location in Appa Junction Peerancheru, with just 20 minutes away from the RG International Airport and 15 minutes from Financial District. […]

Navanaami unveils its Magnum Opus – Megaleio: Hyderabad’s newest Landmark and the Destination for Luxury Living.more

Trifecta Projects Private Limited launches a new housing project in Bengaluru.

May 27, 2024

An Eco-luxury living project, Trifecta Vanto, is located in the prime area of Sarjapur Road in East Bengaluru Bengaluru, 24th May 2024: Trifecta Projects Private Limited, a renowned homegrown builder in Bengaluru, announces the launch of a new housing project, Trifecta Vanto. This one-of-its-kind project is located in the prime area of Sarjapur Road in […]

Trifecta Projects Private Limited launches a new housing project in Bengaluru.more

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

Category: RERA

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