real estate news
Odisha Real Estate Tribunal Upholds Buyer's Rights Against Delayed Possession and Lack of Amenities
The Odisha Real Estate Appellate Tribunal (OREAT) has dismissed a realtor's appeal, upholding the earlier order to compensate a homebuyer for delayed possession and lack of promised amenities.
real estate news
MahaRERA Orders Dahisar Project Promoters to Pay Interest for Delayed Possession
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed the promoters of the Dahisar-based project “VKLAL Vishnu Phase-1” to pay interest to homebuyers for the delay in handing over possession of their flats.
Real Estate
Pune-Mumbai Trains to Face Delays During Mega Block on September 28
Central Railway has announced a mega block on the Main Line between Vidyavihar and Thane on September 28, 2025, which will affect several Pune-Mumbai trains. Here are the details.
Real Estate Mumbai
Pune-Mumbai Trains to Face Delays During Mega Block on September 28
Central Railway has announced a mega block on the Main Line between Vidyavihar and Thane on September 28, 2025, affecting several Pune-Mumbai trains. Here are the details and affected services.
Real Estate
Supreme Court Orders Real Estate Developers to Pay Same Interest on Delayed Possession
The Supreme Court has ruled that real estate developers who delay handing over possession must pay the same rate of interest they charge buyers for late payments. This decision aims to protect homebuyers from harassment and financial loss.
real estate news
Supreme Court Rules: Builders Must Pay Same Interest for Delayed Possession
The Supreme Court has ruled that real estate developers must pay the same 18% interest for delayed possession as they charge buyers for late payments, marking a significant victory for homebuyers.
Real Estate
Karnataka High Court Quashes RERA's Retroactive Delay Fee Circular
The Karnataka High Court has struck down a circular issued by the Real Estate Regulatory Authority (RERA) that sought to impose a retroactive delay fee for late submission of quarterly updates and annual audit statements.
real estate news
Karnataka High Court Strikes Down RERA’s Retroactive Delay Fee
The Karnataka High Court has quashed a circular issued by the Real Estate Regulatory Authority (RERA) that sought to impose a retroactive delay fee for late submission of quarterly updates and annual audit statements. The court ruled that the authority lacked the legislative sanction to levy such fees.
Real Estate Mumbai
Maharashtra Consumer Commission Holds Omkar and ERA Realtors Guilty of Service Deficiency
The Maharashtra State Consumer Disputes Redressal Commission has found real estate developers Omkar Realtors & Developers and ERA Realtors guilty of deficiency in service and unfair trade practices for delayed possession of flats in the Omkar Alta Monte project.
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 Mumbai
Mumbai's Housing Redevelopment Crisis: Delays and Broken Promises Plague Homeowners
Mumbai's housing society redevelopment projects, once seen as a path to larger homes and modern amenities, are now marred by delays, broken promises, and a lack of transparency, leaving many homeowners struggling.
Real Estate
UP RERA Resolves 76% of Complaints: Addressing Housing Delays and Possession Issues
Uttar Pradesh RERA has successfully resolved 76% of the complaints it received this year, with the majority of issues related to housing project delays and possession problems. The key real estate hubs of Lucknow, Ghaziabad, Gautam Buddha Nagar, Varanasi, and Meerut account for the majority of these complaints.
Real Estate Pune
Infrastructure Failures Flood Pune and Mumbai: A Call to Action
Explore the infrastructure challenges faced by Pune and Mumbai, and the urgent need for coordinated solutions to prevent urban chaos.
real estate news
Bengaluru Real Estate Developers Welcome Karnataka’s New Setback Norms, But Warn of Delays and Costs
Bengaluru real estate developers welcome the Karnataka government’s new setback norms under the RMP 2015, which bring clarity and design flexibility. However, they caution that ongoing projects may face redesign costs and delays.
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
Leatherette Prices Rise in Asia: Monsoon Delays and Steady Demand Drive Uptick
Leatherette prices in Asia experienced a modest increase in July 2025, driven by steady demand, currency depreciation, and monsoon-related port delays. Despite these challenges, the market remains balanced and positive, particularly in the automotive, real estate, and footwear sectors.
Real Estate
Monsoon 2025: How It's Redefining Urban Real Estate in Tamil Nadu
The erratic and intense monsoon of 2025 is reshaping the real estate market in Tamil Nadu, affecting construction, prices, and buyer preferences. If you're a homebuyer, investor, or developer, this monsoon is more than just weather — it's a wake-up call.
real estate news
TGRERA Orders Builder to Refund Rs 11.25 Lakh with Interest for Delayed Project
The Telangana Real Estate Regulatory Authority (TGRERA) has ordered Jayathri Infrastructure India to refund Rs. 11.25 lakh, along with 10.80% interest, to a buyer for failing to deliver a commercial property as per the Memorandum of Understanding (MoU).