Tag: #RealEstateNews

LIC Housing Finance Labels Agora City Centre as a Stressed Asset

December 2, 2024

VADODARA: LIC Housing Finance Ltd (LICHFL) has officially declared the Agora City Centre, situated on Mangal Pandey Road near VUDA Circle, as a stressed asset. The housing finance giant has subsequently sold the project to an asset reconstruction company (ARC). Despite being envisioned as one of the most luxurious real estate projects in Vadodara, Agora […]

LIC Housing Finance Labels Agora City Centre as a Stressed Assetmore

Haryana RERA mandates builders to file annual reports within 30 days

November 29, 2024

GURUGRAM: The Haryana Real Estate Regulatory Authority (HRera) has issued a firm directive to real estate promoters, requiring them to submit annual reports for their under-construction projects within 30 days. This directive follows the regulator’s observation of widespread non-compliance by promoters, raising serious concerns about transparency and accountability within the real estate sector. During a […]

Haryana RERA mandates builders to file annual reports within 30 daysmore

Requests to Deregister 19 More Projects Are Received by Maharashtra RERA

November 26, 2024

MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has received fresh applications for the deregistration of 19 additional projects across the state. Among these are prominent projects such as Lokhandwala’s development at Worli Naka and a Lodha project in Dombivli. This development adds to the growing number of deregistration requests, with MahaRERA having received applications […]

Requests to Deregister 19 More Projects Are Received by Maharashtra RERAmore

Telangana RERA Penalizes Sterling Homes ₹18 Lakh for Project Delays.

November 23, 2024

HYDERABAD: The Telangana Real Estate Regulatory Authority (RERA) has levied a penalty of ₹17.9 lakh on Sterling Homes Private Limited for failing to complete the “Sterling Orchids” residential project within the timeline specified under its RERA registration. Located in Mallampet Village, Medchal-Malkajgiri district, the project was initially scheduled for completion by July 1, 2023, with […]

Telangana RERA Penalizes Sterling Homes ₹18 Lakh for Project Delays.more

Buildox Fined for Accepting Flat Booking Amount Without Telangana RERA Approval

November 18, 2024

HYDERABAD: The Telangana Real Estate Regulatory Authority (TG RERA) has penalized Buildox Private Limited with a fine of ₹1.6 lakh and directed the refund of ₹2 lakh to a flat buyer for allegedly collecting a booking amount without obtaining the necessary approvals. The complainant, Sharath, alleged that Buildox was promoting and accepting payments for a […]

Buildox Fined for Accepting Flat Booking Amount Without Telangana RERA Approvalmore

Supreme Universal launches the second phase of Supreme Villagio in Somatane, Pune

November 8, 2024

The overall projected revenue of the project are INR ₹500 Crore Introducing an inventory of 70 new villas in the second phase Mumbai, 06 November 2024 – Supreme Universal, a prominent name in Mumbai and Pune’s real estate landscape, is proud to announce the launch of the second phase of its luxury villa township, Supreme Villagio, […]

Supreme Universal launches the second phase of Supreme Villagio in Somatane, Punemore

MahaRERA Grants Relief to Over 70 Buyers of Ruparel Skygreens Due to Delayed Possession.

September 17, 2024

MUMBAI: In a recent ruling, the MahaRERA has offered relief to more than 70 homebuyers who had purchased apartments in the Ruparel Skygreens project in Borivli. The promoter had failed to deliver the properties to the allottees, including those who had opted for the subvention scheme and the construction link plan scheme, by the agreed-upon […]

MahaRERA Grants Relief to Over 70 Buyers of Ruparel Skygreens Due to Delayed Possession.more

Piramal Capital Recognized as Creditor in Radius Project’s Mumbai Development.

August 9, 2024

MUMBAI: The National Company Law Tribunal (NCLT) has confirmed the validity of the charge held by Piramal Capital & Housing Finance on Radius Estate Projects’ 5.4-acre development in Santacruz, Mumbai. This ruling, announced on Wednesday, settles a disputed issue involving creditors, including J.C. Flowers Asset Reconstruction and Piramal Capital & Housing Finance, by clarifying the […]

Piramal Capital Recognized as Creditor in Radius Project’s Mumbai Development.more

BHIVE Workspace expands its footprint in Brigade Metropolis, with a second strategic lease of 42,000 sq. ft.

August 3, 2024

Bengaluru, July XX, 2024 – BHIVE Workspace, India’s leading provider of managed office spaces, is pleased to announce a significant expansion with the leasing of 42,000 square feet of premium Grade-A office space in Garudacharapalya, Mahadevapura. This marks our second collaboration with Brigade Group, following our purchase in Summit A on the 8th floor of […]

BHIVE Workspace expands its footprint in Brigade Metropolis, with a second strategic lease of 42,000 sq. ft.more

UP-RERA Directs Authorities to Halt Issuance of Temporary Occupancy Certificates

July 13, 2024

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has instructed competent authorities to cease issuing temporary completion certificates (C.C.) or occupancy certificates (O.C.), as these are not permissible under current laws. In addition, UP-RERA has mandated that all industrial and housing development authorities must specify the names of the relevant towers or blocks […]

UP-RERA Directs Authorities to Halt Issuance of Temporary Occupancy Certificatesmore

Tag: #RealEstateNews

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