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Tag: RealEstate

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

Sources: Aadhar Housing Finance aims for an India IPO of $600 million.

February 1, 2024

MUMBAI: Aadhar Housing Finance, an Indian home loan firm owned by Blackstone, is aiming for a $600 initial public offering (IPO) valued between $500 million and $3 billion, according to two individuals with firsthand knowledge on Tuesday. Aadhar was purchased by private equity firm Blackstone in 2019 for roughly $300 million as a result of […]

Sources: Aadhar Housing Finance aims for an India IPO of $600 million.more

Tamil Nadu’s increased property registration guidelines are overturned by the Madras High Court.

January 9, 2024

CHENNAI: A March 2023 circular from the Tamil Nadu government raising the guideline value of properties in places like Chennai, Coimbatore, and Madurai by 33% was overturned by the Madras High Court on Thursday. Judge P. Velmurugan invalidated the circular on procedural grounds, stating that while the government was allowed to raise the guideline value, […]

Tamil Nadu’s increased property registration guidelines are overturned by the Madras High Court.more
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A conciliation bench is necessary to swiftly settle complaints: The chairman of Haryana RERA

December 16, 2023

GURUGRAM: On his first day of work, Arun Kumar, the new chief of the city bench of the Haryana Real Estate Regulatory Authority (H-Rera), gave senior officials instructions to address allottee concerns within the allotted time frame. “To help both parties — the developer and the allottees — a conciliation bench should be set up […]

A conciliation bench is necessary to swiftly settle complaints: The chairman of Haryana RERAmore

Raymond is directed by MahaRERA to deduct 2% of the total amount for the flat upon cancellation.

November 25, 2023

MUMBAI: Raymond Ltd. was ordered by the Maharashtra Real Estate Regulatory Authority (MahaRERA) to withhold only 2% of the entire consideration of an apartment without charging interest. This is because the developer lost the entire sum of approximately Rs 6 lakh that a couple had paid after their reservation was canceled. It referenced a recent […]

Raymond is directed by MahaRERA to deduct 2% of the total amount for the flat upon cancellation.more

If builders don’t update the QPR within a month, MahaRERA will cancel 291 projects.

October 10, 2023

MUMBAI: MahaRera will revoke the registration of up to 291 real estate projects that have been put on hold if the builders do not submit the projects’ quarterly progress reports by November 10. Of these projects, 46 are in Nashik, 63 are in Pune, and 104 are in MMR. Around 363 projects whose Forms 1, […]

If builders don’t update the QPR within a month, MahaRERA will cancel 291 projects.more


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