Tag: #RERA

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DDA Moves Delhi High Court, Contests RERA’s Authority to Issue Directives

June 11, 2025

NEW DELHI: In an unusual legal development involving two statutory bodies, the Delhi Development Authority (DDA) has approached the Delhi High Court to challenge the jurisdiction of the Real Estate Regulatory Authority (RERA). The DDA has questioned the legal competence of RERA to issue it directions, particularly regarding the mandatory registration of its housing projects. […]

DDA Moves Delhi High Court, Contests RERA’s Authority to Issue Directivesmore

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

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
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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
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Madhya Pradesh High Court Warns Bhopal Collector Over Non-Compliance with RERA Order

March 3, 2025

Bhopal: The Madhya Pradesh High Court has issued a stern directive to the Bhopal collector, instructing him to implement its earlier order within 10 days or personally appear before the court at the next hearing of a contempt petition filed by city resident Arvind Verma. This marks Verma’s second contempt petition after the collector failed […]

Madhya Pradesh High Court Warns Bhopal Collector Over Non-Compliance with RERA Ordermore
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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
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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