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Karnataka RERA Holds Real Estate Developer Accountable for Delayed Possession

Real Estate

Karnataka RERA Holds Real Estate Developer Accountable for Delayed Possession

The Karnataka Real Estate Regulatory Authority (KRERA) has issued a ruling against Bengaluru-based real estate developer Shriram Properties, mandating them to pay ₹12.7 lakh as compensation for delayed possession.

January 30, 2025
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MahaRERA Tribunal Sentences Neptune Ventures Promoters for Delayed Possession

Real Estate Maharashtra

MahaRERA Tribunal Sentences Neptune Ventures Promoters for Delayed Possession

The Maharashtra Real Estate Appellate (MahaRERA) Tribunal has sentenced the three promoters of Neptune Ventures and Developers to three months of civil imprisonment for failing to comply with its 2021 orders to pay interest for delayed possession to a Low

January 7, 2025
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Haryana Real Estate Digest: November 2024

Real Estate Maharashtra

Haryana Real Estate Digest: November 2024

Haryana Real Estate Regulatory Authority (Haryana RERA) orders Raheja Developers to pay interest to a homebuyer for delayed possession.

December 4, 2024
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Karnataka RERA Orders Ozone Realtors to Address Delayed Possession and Pre-EMI Issues

Real Estate

Karnataka RERA Orders Ozone Realtors to Address Delayed Possession and Pre-EMI Issues

The Karnataka Real Estate Regulatory Authority (KARNATAKA RERA) has issued a directive to Ozone Realtors Private Limited to resolve issues related to delayed possession and the failure to pay pre-EMI charges for a housing project in the state.

November 16, 2024
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Karnataka RERA Finds Krishna E Campus Private Limited Liable for Delayed Possession

Real Estate

Karnataka RERA Finds Krishna E Campus Private Limited Liable for Delayed Possession

The Karnataka Real Estate Regulatory Authority (RERA) bench, comprising GR Reddy (Member), has issued a directive against Krishna E Campus Private Limited (KECPL) for failing to deliver possession of the flats on the promised timeline.

October 31, 2024
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Maharashtra Real Estate Appellate Tribunal Orders Sunteck Realty to Pay Rs. 21 Lakhs to Homebuyer for Delayed Possession

Real Estate Maharashtra

Maharashtra Real Estate Appellate Tribunal Orders Sunteck Realty to Pay Rs. 21 Lakhs to Homebuyer for Delayed Possession

The Maharashtra Real Estate Appellate Tribunal has directed Sunteck Realty Limited to pay Rs. 21 lakhs to a homebuyer as interest for delayed possession of a flat in Mumbai.

October 3, 2024
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