Real Estate
JKRERA Imposes Rs 10 Lakh Penalty on Unregistered Real Estate Projects
The Jammu and Kashmir Real Estate Regulatory Authority (JKRERA) has imposed a Rs 10 lakh penalty on a promoter for failing to register a property under the Real Estate (Regulation and Development) Act, 2016. Chief Secretary Atal Dulloo chaired a review meeting to strengthen regulatory compliance and consumer protection.
Real Estate
Chief Secretary Reviews J&K RERA: Emphasizes Strengthening Institutional Mechanisms
SRINAGAR, JUNE 11, 2025: Chief Secretary Atal Dulloo reviewed the functioning of the Jammu and Kashmir Real Estate Regulatory Authority (JKRERA) and emphasized the need for enhanced coordination and timely interventions to ensure full compliance with the Real Estate (Regulation and Development) Act.
real estate news
Supreme Court Rules: Developers Not Liable for Homebuyer's Loan Interest in Delayed Flat Delivery
In a significant ruling, the Supreme Court has clarified that real estate developers are not liable to pay the interest on personal loans taken by homebuyers in cases of delayed or non-delivery of flats. This decision impacts the rights of both homebuyers and developers, setting a precedent for future cases.
Real Estate
Indore Takes Strides to Ensure Planned Urban Growth by Cancelling Unauthorised Plot Registrations
The Indore district administration has initiated the cancellation of unauthorised plot registrations in illegal colonies, aiming to impose regulatory discipline and curb haphazard urban sprawl. This move also ensures consumer protection and holds developers accountable.
Real Estate Maharashtra
ASCI Cracks Down on Offshore Betting Ads and Non-Disclosure Violations
The Advertising Standards Council of India (ASCI) has reported a significant increase in ad violations, particularly in offshore betting and non-disclosure of brand partnerships by LinkedIn influencers. The report highlights the challenges and measures taken to address these issues.
real estate news
Resolving the RERA-Arbitration Debate: A Call for Supreme Court Clarity
The Bombay High Court's recent ruling in Rashmi Realty v. Rahul Rajendrakumar Pagariya has sparked a debate on the arbitrability of disputes under the Real Estate (Regulation and Development) Act, 2016 (RERA). This article explores the contrasting judicial perspectives and the need for a final resolution by the Supreme Court.