Tag: #RERA

High Court: Petition Against Service Provider Before Karnataka RERA Unmaintainable

November 16, 2024

BENGALURU: The Karnataka High Court recently observed that a petition filed against a service provider before the Karnataka Real Estate Regulatory Authority (K-RERA) is not maintainable. This ruling came as the court allowed a petition filed by M/s Columbia Pacific Communities Pvt Ltd, Bengaluru, a company engaged in providing specialized senior-care services. The petitioner had […]

High Court: Petition Against Service Provider Before Karnataka RERA Unmaintainablemore

Haryana RERA escalates the issue to the High Court over 207 arrest warrants issued against 20 builders.

October 18, 2024

GURUGRAM: This year, the Haryana Real Estate Regulatory Authority (H-RERA) has issued 207 arrest warrants targeting 20 developers based in the city for failing to comply with its orders to compensate homebuyers for delays in handing over flats. However, despite issuing these warrants, police have yet to act, prompting H-RERA to approach the Punjab and […]

Haryana RERA escalates the issue to the High Court over 207 arrest warrants issued against 20 builders.more
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Regarding MahaRERA’s decision to establish a forum to resolve builder-buyer disputes, FPCE writes to the center of inquiry.

August 28, 2024

NEW DELHI: The Forum for People’s Collective Efforts (FPCE), an association representing homebuyers, has raised concerns over the Maharashtra Real Estate Regulatory Authority’s (MahaRERA) recent decision to establish and participate in a conciliation forum aimed at resolving disputes between builders and customers. FPCE argues that this move may overstep the authority’s legal powers and potentially […]

Regarding MahaRERA’s decision to establish a forum to resolve builder-buyer disputes, FPCE writes to the center of inquiry.more
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RERA in States and UTs Dispose of Nearly 1.25 Lakh Consumer Complaints

July 26, 2024

NEW DELHI: According to the Economic Survey 2023-24, real estate regulators in various states and Union Territories have resolved nearly 1.25 lakh consumer complaints against developers. The Real Estate (Regulation & Development) Act, 2016, commonly referred to as RERA, was enacted to bring significant reforms to India’s real estate sector. The primary aim of RERA […]

RERA in States and UTs Dispose of Nearly 1.25 Lakh Consumer Complaintsmore

Karnataka HC: Disgruntled Home Buyers Must Identify Promoters in Complaint.

July 23, 2024

In a recent ruling, the Karnataka High Court emphasized the necessity for home buyers to name the promoters in their complaints against real estate companies. This comes in response to a common issue where real estate firms declare insolvency while their promoters continue to thrive financially. Some promoters exploit this situation by declaring bankruptcy and […]

Karnataka HC: Disgruntled Home Buyers Must Identify Promoters in Complaint.more

Global Headwinds, Local Strength: The Resilience of Indian Real Estate

June 15, 2024

The Indian real estate market has demonstrated remarkable resilience in the face of global challenges such as geopolitical uncertainties, economic turbulence, environmental issues, and the COVID-19 pandemic. This resilience, coupled with robust demand, regulatory reforms, technological advancements, and a growing economy, has enabled the sector to weather the global economic storm. According to a report […]

Global Headwinds, Local Strength: The Resilience of Indian Real Estatemore
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Last two years have seen an increase in home loan outstanding of Rs 10 lakh crore: RBI data – ET RealEstate

May 8, 2024

NEW DELHI: According to RBI data on “Sectoral Deployment of Bank Credit,” credit outstanding to the housing industry increased by around Rs 10 lakh crore over the previous two fiscal years to reach a record Rs 27.23 lakh crore in March of this year. This increase in outstanding home credit was ascribed by real estate […]

Last two years have seen an increase in home loan outstanding of Rs 10 lakh crore: RBI data – ET RealEstatemore

Real Estate Conclave 2023 – The Future is Real

September 22, 2023

Niranjan Hiranandani School of Management & Real Estate (NHSMRE) Holds Its First Real Estate Conclave The Niranjan Hiranandani School of Management & Real Estate (NHSMRE) (affiliated to the HSNC University) organized its first edition of Real Estate Conclave titled “The Future is Real” at the prestigious Kishinchand Chellaram College auditorium on 8th September 2023. The […]

Real Estate Conclave 2023 – The Future is Realmore
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The Madhya Pradesh RERA is expected to restart stalled projects.

July 17, 2023

BHOPAL: The Madhya Pradesh Real Estate Regulatory Authority (RERA) would assess the unfinished projects and work with government organizations to complete them. According to the Madhya Pradesh real estate regulating authority, attempts were made to finish any unfinished or protractedly unworked projects. The same goes for projects that have missed deadlines or had their deadlines […]

The Madhya Pradesh RERA is expected to restart stalled projects.more