Hyderabad's real estate market has seen a significant push for quality and safety measures, with the latest directive issued to the builders of Noveo Homes to address water seepage issues and provide comprehensive solutions.
Hyderabad Real Estate MarketTgreraNoveo HomesWater SeepageReal Estate RegulationReal Estate NewsApr 28, 2025

The main issue with Noveo Homes in Hyderabad is water seepage, which has been reported by residents in several units, leading to dampness, potential structural issues, and health concerns.
The Telangana Real Estate Regulatory Authority (TGRERA) has ordered the builders of Noveo Homes to investigate and address the water seepage problems.
TGRERA is the Telangana Real Estate Regulatory Authority, established under the Real Estate (Regulation and Development) Act, 2016. Its role is to ensure transparency, fairness, and accountability in the real estate sector and protect the interests of homebuyers.
The builders of Noveo Homes have acknowledged the issues and pledged to take immediate action. They have committed to conducting thorough inspections and providing a detailed report on the extent of the water seepage and the necessary corrective measures.
This case highlights the growing emphasis on quality and safety in the real estate market. It underscores the importance of regulatory oversight and the responsibility of builders to uphold high standards in construction and maintenance, which is crucial for building trust in the real estate sector.

Technical glitches have affected online registration of leave and licence agreements across Maharashtra, causing delays and inconvenience to citizens and real estate agents alike.

The Maharashtra Housing and Area Development Authority (MHADA) is set to launch a lottery for 19,000 affordable homes in the Mumbai Metropolitan Region (MMR) and Pune. The homes are priced starting from ₹12 lakh, offering a glimmer of hope for low and mid

An Air India flight, bound from Mumbai to New York, was diverted to Delhi on October 14 following a bomb threat received via X (formerly Twitter). All passengers and crew are safe and the situation is under control.

In the last five years, the average price of new housing projects in India’s top 10 cities has surged by 88%, with Gurugram leading the pack at a 160% increase. Mumbai, on the other hand, has seen the lowest rise at 37%. This surge is attributed to massiv

Aadhar Housing Finance, a prominent player in the mortgage market, has set the price band for its Initial Public Offering (IPO) at Rs 300-315 per share. The company offers a wide range of mortgage-related loan products, including loans for residential pro

Pune and Ahmedabad are emerging as leading smart cities in India. Kochi combines sustainable growth with industrial development, focusing on smart infrastructure and real estate.