real estate news
RERA 2025: Understanding the Key Rules, Benefits, and Compensation Rights for Homebuyers
The Real Estate (Regulation and Development) Act, 2016 (RERA) has transformed India's property market by ensuring transparency, accountability, and protection for homebuyers. Discover the key rules, benefits, and compensation rights under RERA 2025.
Real Estate Mumbai
Mumbai SCDRC Orders ERA and Omkar Realtors to Hand Over Flats and Pay Compensation
The Maharashtra State Consumer Disputes Redressal Commission (SCDRC) in Mumbai has directed two prominent real estate developers, ERA Realtors Pvt. Ltd. and Omkar Realtors & Developers Pvt. Ltd., to immediately hand over possession of flats and pay compensation and interest to two complainants whose flats were delayed by six years.
real estate news
Punjab RERA Orders Zirakpur Developer to Pay ₹1.25 Lakh Compensation
The Punjab Real Estate Regulatory Authority (RERA) has directed Gunjan Land Developers in Zirakpur to pay ₹1.25 lakh as compensation and litigation costs to two homebuyers from Amritsar. The developer failed to deliver possession of a flat and did not refund the full amount despite a settlement agreement.
Real Estate
Punjab RERA Orders Zirakpur Developer to Pay ₹1.25L Compensation
The Punjab Real Estate Regulatory Authority (RERA) has directed Gunjan Land Developers in Zirakpur to pay ₹1.25 lakh as compensation and litigation costs to two homebuyers from Amritsar for failing to deliver possession of a flat and not refunding the full amount despite a settlement agreement.
Real Estate Maharashtra
Maharashtra Consumer Commission Orders Developers to Hand Over Delayed Flats
The Maharashtra State Consumer Disputes Redressal Commission has ordered real estate developers ERA Realtors Pvt. Ltd. and Omkar Realtors & Developers Pvt. Ltd. to hand over possession of flats in the Omkar Alta Monte project in Malad (East) along with an occupancy certificate and compensation.
Real Estate Mumbai
Maharashtra Consumer Commission Orders Handover of Delayed Flats in Omkar Alta Monte Project
The Maharashtra State Consumer Disputes Redressal Commission has ruled against real estate developers ERA Realtors Pvt. Ltd. and Omkar Realtors & Developers Pvt. Ltd., ordering them to hand over possession of delayed flats and pay compensation.
Real Estate
Top Real Estate Teams in Delhi and Mumbai: Decent Work, Pay, and Culture
Discover the best real estate teams in Delhi and Mumbai that offer a balanced mix of decent work, fair pay, and a positive work culture.
Real Estate Pune
MahaRERA Orders Pune Builder to Compensate Homebuyers for Palm World One Project Delays
Pune, 16th August 2025: In a significant relief for frustrated homebuyers, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed Pune-based Palm Tree Developers Pvt. Ltd. to compensate purchasers in its stalled Palm World One project for prolonged delays in handing over possession.
Real Estate
MahaRERA Orders Pune Developer to Compensate Homebuyers for Palm World One Project Delays
In a significant victory for homebuyers, MahaRERA has directed Palm Tree Developers Pvt. Ltd. to compensate purchasers in the delayed Palm World One project in Pune.
Real Estate
India's Real Estate Sector Rebounds with a Focus on Talent and Parity
Explore how India's real estate industry is experiencing a resurgence, driven by strategic investments in talent, performance-driven compensation, and a commitment to gender equality.
real estate news
India’s Real Estate Sector Embraces Talent, Pay, and Parity
The Indian real estate sector is witnessing a significant shift in how it values and rewards its workforce, with a focus on strategic leadership, performance-based rewards, and gender inclusion.
Real Estate Maharashtra
Supreme Court Boosts Compensation for Farmers in Maharashtra Land Acquisition Case
The Supreme Court has significantly enhanced the compensation granted to farmers whose lands were acquired in 1994 for the establishment of an industrial area in Maharashtra. The court's decision increases the compensation from Rs 32,000 per acre to Rs 58,320 per acre, recognizing the prime location of the land and the farmers' right to fair compensation.
Real Estate Pune
Argentinian Court Orders Google to Pay Compensation Over Street View Privacy Breach
An Argentinian appellate court has ruled that Google must pay ₹10 lakh (approx. USD 12,500) in compensation to a police officer whose naked image was captured by a Street View camera in his private backyard. The court emphasized the importance of digital privacy and the need for tech companies to implement robust safeguards.
Real Estate Pune
Pune: Farmers to Receive Developed Plots for Purandar Airport Land Donations
The Pune district administration has introduced an incentive plan to expedite land acquisition for the Purandar International Airport. Farmers who voluntarily surrender their land will receive 10% of it back as developed plots within the new Aerosity, a zone expected to drive significant economic growth.
Real Estate Maharashtra
MahaRERA Mandates Pune Developer to Compensate Homebuyer with Monthly Interest
In a significant victory for homebuyers, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has ordered Pune-based developer M/s P M Construction to pay monthly interest to a police official and his wife for failing to deliver their flat on time. The authority also mandated the developer to hand over the flat with an Occupancy Certificate (OC) within 30 days.
real estate news
Mumbai's Kamathipura Redevelopment: Government Offers Flats in Exchange for Land
The Maharashtra Housing and Area Development Authority (MHADA) has initiated the Kamathipura Redevelopment Project, offering landowners four flats in exchange for their plots. This ambitious project aims to modernize the 100-year-old Kamathipura area, providing residents with safe and modern amenities.
real estate news
Consumer Court Rejects Religious Sentiment Claim Against Non-Veg Food Delivery
A Mumbai consumer court has dismissed a claim by two vegetarians who alleged that their religious sentiments were hurt after receiving chicken momos from a popular restaurant, 'Wow Momo'. The court questioned why they ordered from a restaurant that serves both vegetarian and non-vegetarian food.
Real Estate
HRERA Awards Rs 65 Lakhs Compensation for 9-Year Delay in Flat Possession
The Haryana Real Estate Regulatory Authority (HRERA) has ordered a builder to pay Rs 65 lakh in compensation to a homebuyer for a nine-year delay in handing over a flat in Gurugram. The ruling highlights the accountability of developers and the rights of homebuyers.
Real Estate
Rise in Profits in GVA Not Translating into Higher Wages: Report
While the real estate sector saw a small rise in the share of compensation, the construction sector experienced a significant decline. The overall decrease in wage share amidst rising profits highlights growing economic inequality.
Real Estate
Wage Share Declines as Profit Share Surges in India's GVA: NAS Data
New data from the National Accounts of Statistics (NAS) reveals a growing disparity between employee compensation and business profits in India's Gross Value Added (GVA). While profits have risen sharply, wage shares have declined, raising concerns about economic inequality and consumer demand.