Tag: #RealEstateNews

Allahabad High Court Nullifies Greater Noida Authority’s Plot Cancellation Orders

July 2, 2025

NOIDA: The Allahabad High Court has struck down two separate orders issued by the Greater Noida Industrial Development Authority (GNIDA) canceling land allotments, marking a legal setback for the Authority. The court found that GNIDA failed to adhere to statutory deadlines and followed procedurally flawed processes. The two cases involved high-stakes projects—one being a major […]

Allahabad High Court Nullifies Greater Noida Authority’s Plot Cancellation Ordersmore

UP-RERA Returns ₹128 Crore to Over 350 Homebuyers in 2025

June 20, 2025

LUCKNOW: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has reported significant progress in safeguarding homebuyer interests by recovering ₹128 crore this calendar year from developers who failed to complete their housing projects. This amount has been directly deposited into the bank accounts of approximately 376 homebuyers, marking a noteworthy step in ensuring financial redressal […]

UP-RERA Returns ₹128 Crore to Over 350 Homebuyers in 2025more

Over 2,600 Real Estate Projects Expire in Karnataka; Many More Declared Lapsed: K-RERA Data

June 2, 2025

BENGALURU: The Karnataka Real Estate Regulatory Authority (K-RERA) has begun investigating several residential developments that have failed to meet their construction deadlines and have not submitted required progress updates. According to the latest data from K-RERA, a large number of real estate projects have missed their delivery timelines, with more than 2,600 officially marked as […]

Over 2,600 Real Estate Projects Expire in Karnataka; Many More Declared Lapsed: K-RERA Datamore

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

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

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

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