Tag: #HousingCrisis

Funding delays impede structural checks in 20 Gurugram housing complexes.

March 9, 2025

GURUGRAM: Structural audits in 20 residential societies have come to a standstill as builders and resident welfare associations (RWAs) continue to delay the deposit of necessary funds. Despite repeated notices from the Department of Town and Country Planning (DTCP) for over a year, no progress has been made, leaving the crucial structural safety assessments in […]

Funding delays impede structural checks in 20 Gurugram housing complexes.more

Karnataka RERA Struggles to Recover Rs 666 Crore from Builders

February 28, 2025

BENGALURU: The Karnataka Real Estate Regulatory Authority (K-Rera), set up to safeguard homebuyer interests, has failed to recover Rs 666 crore — or 88% — of the Rs 758 crore it had ordered builders to pay their customers under the head of refund for incomplete/delayed projects, among other things. As on Dec 31, 2024, K-Rera […]

Karnataka RERA Struggles to Recover Rs 666 Crore from Buildersmore
MAHA RERA

MahaRERA maintains 1,750 abandoned housing project registrations on file.

June 11, 2024

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has started the process of taking similar action on another 1,137 projects, while also keeping the registration of 1,750 abandoned housing projects in the state on hold. With 761 projects still unfinished out of these 1,750 total, the Mumbai Metropolitan Area has the most. The second-highest number of […]

MahaRERA maintains 1,750 abandoned housing project registrations on file.more