Tag: #RealEstateIndia

MahaRERA Mandates Prominent Display of Project Registration Details in Housing Ads

April 12, 2025

PUNE: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has announced a significant directive requiring all developers to clearly and prominently display their project registration details in housing advertisements. This move comes in response to increasing concerns raised by homebuyers regarding the lack of transparency and incomplete disclosure of project information. According to a circular issued […]

MahaRERA Mandates Prominent Display of Project Registration Details in Housing Adsmore

Why is Mumbai’s Commercial Real Estate Peaking in Expense?

March 19, 2025

Written by Anuj Mehta, Partner, Dhuleva Group Mumbai, the financial capital of India, has been a commercial real estate hotspot for decades. The city continues to be a magnet for businesses, investors, and multinational corporations, despite soaring property prices and rising operating costs. The above significant factors have further driven the continuous demand for commercial properties shaping Mumbai’s […]

Why is Mumbai’s Commercial Real Estate Peaking in Expense?more

Top 5 Real Estate Property Buying and Selling Websites in India

Why Navi Mumbai Is a Hotspot for NRI Property Buyers in 2025

March 18, 2025

By Mr. Ramesh D. Patel, Partner at The Platinum Group Navi Mumbai is emerging as one of the hottest off-shore investment destinations for India’s highest-yielding real estate markets, especially for Non-Resident Indian (NRI) investors. With huge-scale infrastructure development, increasing luxury home projects, and the highest returns on investment, the city provides the perfect opportunity for […]

Why Navi Mumbai Is a Hotspot for NRI Property Buyers in 2025more

RERA Project Registrations Decline by 21% Between 2022 and 2024: Report

March 4, 2025

NEW DELHI [India], March 2 (ANI): The number of projects registered under the Real Estate Regulatory Authority (RERA) has witnessed a significant decline of 21% between 2022 and 2024, according to a recent report by NSE-listed data analytics firm PropEquity. As per the report, project registrations had previously experienced remarkable growth, surging by 145% and […]

RERA Project Registrations Decline by 21% Between 2022 and 2024: Reportmore

Noida Authority to Appoint Private Consultant for Overseeing NCLT Cases and Land Payments

February 10, 2025

NOIDA: The Noida Authority is set to enlist the services of a private consultancy firm to oversee its escrow accounts, track insolvency cases under the National Company Law Tribunal (NCLT), and enhance internal coordination, among other critical functions. The selected consultant will play a key role in implementing escrow agreements and providing timely updates on […]

Noida Authority to Appoint Private Consultant for Overseeing NCLT Cases and Land Paymentsmore

Builders Cannot Deduct More Than 10% of Base Price in Case of Cancellation by Homebuyers: Supreme Court

February 5, 2025

NEW DELHI: In a landmark decision, the Supreme Court has ruled that real estate developers cannot enforce one-sided agreements that unfairly favor them, particularly in cases where homebuyers seek to cancel their bookings. The court made it clear that developers cannot deduct unreasonable amounts upon cancellation and that forfeiture should not exceed 10% of the […]

Builders Cannot Deduct More Than 10% of Base Price in Case of Cancellation by Homebuyers: Supreme Courtmore

Maharashtra RERA Caps SRO Appointee Tenure at Two Years

January 16, 2025

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has introduced a policy limiting the tenure of representatives from Self-Regulatory Organisations (SROs) assisting with housing project registrations to a maximum of two years. This measure aims to prevent potential conflicts of interest and enhance the efficiency of the registration process. In its directive to the SROs, MahaRERA […]

Maharashtra RERA Caps SRO Appointee Tenure at Two Yearsmore

UP RERA’s Remarkable Recovery: ₹674 Crore Recovered Under Sanjay Bhoosreddy’s Leadership

January 6, 2025

LUCKNOW: Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has achieved a significant milestone by recovering ₹674 crore from promoters and developers over the past 17 months. This impressive feat coincides with the tenure of Sanjay Bhoosreddy, a 1989 batch IAS officer, who assumed the office of chairman during this period. Before Bhoosreddy’s leadership, the […]

UP RERA’s Remarkable Recovery: ₹674 Crore Recovered Under Sanjay Bhoosreddy’s Leadershipmore

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

Tag: #RealEstateIndia

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