Tag: #RERAIndia

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

Karnataka RERA Struggles to Recover Rs 666 Crore from Builders

February 28, 2025

BENGALURU: The Karnataka Real Estate Regulatory Authority (K-Rera), set up to safeguard homebuyer interests, has failed to recover Rs 666 crore — or 88% — of the Rs 758 crore it had ordered builders to pay their customers under the head of refund for incomplete/delayed projects, among other things. As on Dec 31, 2024, K-Rera […]

Karnataka RERA Struggles to Recover Rs 666 Crore from Buildersmore

Over 8,000 Complaints Pending Resolution at Maharashtra RERA

February 18, 2025

MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA), established to address real estate consumer grievances, is now under scrutiny as homebuyers struggle to get relief. With over 8,000 complaints pending and delays in executing orders—such as recovery warrants by revenue authorities—experts argue that MahaRERA lacks enforcement power and needs to take stronger action. Consider the […]

Over 8,000 Complaints Pending Resolution at Maharashtra RERAmore

Telangana RERA penalizes builder for project delay, directs payment of interest to buyer until flat handover.

February 13, 2025

HYDERABAD: The Telangana State Real Estate Regulatory Development Authority (RERA) has ruled that a builder must compensate a homebuyer with interest for the delay in handing over his flat, ensuring that the complainant is financially reimbursed for the prolonged wait. The case was brought forward by Kollepara Veera Venkata Satya Vara Prasad, who purchased a […]

Telangana RERA penalizes builder for project delay, directs payment of interest to buyer until flat handover.more