Tag: #RealEstateNews

Home Loan Borrowers Decline by 35% in FY25, Yet Average Mortgage Size Rises in Gujarat

May 24, 2025

AHMEDABAD: Gujarat’s housing finance landscape is showcasing a contrasting development—while the overall disbursement of home loans is increasing, the number of individual borrowers is witnessing a significant decline. In FY 2025, total housing finance disbursals in the state reached ₹58,399 crore, reflecting an 8.9% rise from ₹53,590 crore in FY 2024. However, during the same […]

Home Loan Borrowers Decline by 35% in FY25, Yet Average Mortgage Size Rises in Gujaratmore

Star Housing Finance Sees 25% Profit Growth in FY25

May 12, 2025

Star Housing Finance Limited (Star HFL), a BSE-listed company, reported a 25% increase in its profit after tax (PAT) for the financial year ending March 31, 2025. The PAT rose to ₹11.10 crore, compared to ₹8.88 crore in the previous financial year. The company’s total annual revenue jumped to ₹94.96 crore, marking a strong 54% […]

Star Housing Finance Sees 25% Profit Growth in FY25more
MAHA RERA

Maharashtra Deploys 12 Officers to Accelerate Rs 912 Crore MahaRERA Recovery for Homebuyers

April 28, 2025

NAGPUR: In a major boost for distressed homebuyers, the Maharashtra government has appointed 12 senior recovery officers to speed up the enforcement of recovery warrants issued by the Maharashtra Real Estate Regulatory Authority (MahaRERA) against errant builders. These officers have been placed under the supervision of district collectors across six major districts, with the aim […]

Maharashtra Deploys 12 Officers to Accelerate Rs 912 Crore MahaRERA Recovery for Homebuyersmore

IBI Media Technologies Private Limited Announces the Acquisition of the RoofandFloor Brand

April 24, 2025

Chennai, Tamil Nadu, India IBI Media Technologies Private Limited, the company behind hyperlocal platforms ChennaiProperties.in, BengaluruProperties.com, CoimbatoreProperty.com, and HyderabadProperties.in, has announced the acquisition of the RoofandFloor brand from KSL Digital Ventures Limited, one of the companies of The Hindu group. RoofandFloor.com is one of India’s most trusted and recognised digital real estate platforms and will henceforth […]

IBI Media Technologies Private Limited Announces the Acquisition of the RoofandFloor Brandmore
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SEBI Flags ₹43 Crore Apartment Deal Involving DLF Amid Gensol Engineering Investigation

April 17, 2025

NEW DELHI: The Securities and Exchange Board of India (SEBI) has issued a detailed interim order against Gensol Engineering Ltd and its promoters, Anmol and Puneet Singh Jaggi, highlighting serious concerns around financial misconduct and misuse of public funds. The 29-page order outlines a pattern of fund diversion, false disclosures, and questionable financial practices at […]

SEBI Flags ₹43 Crore Apartment Deal Involving DLF Amid Gensol Engineering Investigationmore

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
Home Loan

Gujarat RERA Stops Bank from Taking Over Allottees’ Properties

April 3, 2025

Ahmedabad: The Gujarat Real Estate Regulatory Authority (GujRERA) has issued a directive preventing a nationalized bank from seizing properties belonging to allottees in a case involving a builder’s loan default. The authority emphasized that homebuyers have legal rights over the properties and instructed the bank to release any properties it had already taken possession of […]

Gujarat RERA Stops Bank from Taking Over Allottees’ Propertiesmore

Odisha RERA Penalizes Builder for Failing to Provide Adequate Parking Space for Homebuyer

March 26, 2025

BHUBANESWAR: The Odisha Real Estate Regulatory Authority (ORERA) has imposed a fine of ₹62 lakh on a city-based developer for failing to provide sufficient car parking space to a homebuyer in a real estate project located in Shankarpur. Officials confirmed that this marks the first instance of ORERA levying a fine specifically for inadequate parking […]

Odisha RERA Penalizes Builder for Failing to Provide Adequate Parking Space for Homebuyermore
rera

Gujarat RERA Recognizes Existing Property Owners as Allottees

March 19, 2025

In a landmark ruling, the Gujarat Real Estate Regulatory Authority (GujRERA) has granted existing society members in redevelopment projects the dual status of allottee and co-promoter, marking a significant expansion of regulatory protection. The decision came in response to a complaint, where GujRERA directed the developer to complete the sale deed registration while affirming the […]

Gujarat RERA Recognizes Existing Property Owners as Allotteesmore

Telangana RERA Penalizes TMR Marvel Developers with ₹19.8 Lakh Fine for Unfulfilled Promised Amenities

March 10, 2025

HYDERABAD: The Telangana Real Estate Regulatory Authority (TG RERA) has taken strict action against the developers of the TMR Marvel villa project in Macha Bolarum, near Alwal, by imposing a penalty of ₹19.8 lakh. The fine was levied on T Madhusudhan Reddy and Sree Ram Reddy for their failure to provide the amenities promised to […]

Telangana RERA Penalizes TMR Marvel Developers with ₹19.8 Lakh Fine for Unfulfilled Promised Amenitiesmore