Real Estate
CBI Launches Investigation into Banker-Builder Ties in Subvention Schemes
The Central Bureau of Investigation (CBI) has launched a probe into the alleged irregularities involving bankers and builders in subvention schemes, aiming to uncover any fraudulent practices in the real estate sector.
Real Estate
ED Arrests Noida Real Estate Promoter in Home Buyers' Fraud Case
The Enforcement Directorate (ED) has arrested the primary promoter of a prominent Noida-based real estate company in connection with a significant fraud case involving home buyers. This move underscores the seriousness of the issue and the government's commitment to protecting consumers.
real estate news
TGRERA Freezes Bank Accounts of Realtor for Unfinished Bachupally Apartment Complex
The Telangana Government Real Estate Regulatory Authority (TGRERA) has taken strict action against a real estate company for failing to complete an apartment complex in Bachupally. The authority has frozen the company's bank accounts to ensure the completion of the project and protect the interests of home buyers.
Real Estate Mumbai
Impact of 10% Hike in Ready Reckoner Rates on Home Buyers in High-Value Zones
Mumbai and Thane are among the regions likely to see a 10% increase in Ready Reckoner rates, affecting homebuyers and raising the prices of commercial and retail real estate.
real estate news
How a 10% Increase in Ready Reckoner Rates Affects High-Value Home Buyers
The real estate market in high-value zones is bracing for a significant shift as a 10% hike in Ready Reckoner rates is expected to impact home buyers. Industry experts weigh in on the potential consequences and offer insights into the future of the market.
Real Estate Mumbai
MahaRERA Halts Hearing Home Buyer Complaints in NCLT Cases
Home buyers face significant hurdles when their real estate projects are under insolvency and bankruptcy proceedings at the NCLT. MahaRERA has stopped hearing complaints in such cases, adding to the distress of home buyers.