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Bengaluru: Construction Sector Slams the Brakes as OC Mandate Takes Effect

real estate news

Bengaluru: Construction Sector Slams the Brakes as OC Mandate Takes Effect

The Karnataka government's new mandate for an Occupancy Certificate (OC) for new water and electricity connections is causing a significant slowdown in the construction and real estate sectors. The rule is affecting thousands of buildings and construction sites, leading to concerns about job losses and economic impacts.

June 9, 2025
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Avoid These 6 Mistakes When Buying Property to Ensure RERA Compliance

real estate news

Avoid These 6 Mistakes When Buying Property to Ensure RERA Compliance

Buying property can be a daunting task, but with the Real Estate (Regulation and Development) Act (RERA) in place, buyers have more protection. However, committing these common mistakes can still put you at risk. Read on to learn how to avoid them.

May 15, 2025
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MahaRERA Launches Verification of 3,699 Lapsed Real Estate Projects in Maharashtra

Real Estate Maharashtra

MahaRERA Launches Verification of 3,699 Lapsed Real Estate Projects in Maharashtra

Pune: MahaRERA has initiated a comprehensive verification drive for Occupancy Certificates (OCs) of 3,699 lapsed real estate projects across Maharashtra, aiming to streamline the construction and completion process.

April 25, 2025
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MahaRERA Launches Comprehensive OC Verification for 3,699 Lapsed Real Estate Projects

Real Estate Pune

MahaRERA Launches Comprehensive OC Verification for 3,699 Lapsed Real Estate Projects

Pune: MahaRERA has initiated a major verification drive to ensure the issuance of Occupancy Certificates (OCs) for 3,699 lapsed real estate projects across Maharashtra. This move aims to streamline the completion and handover processes for these projects, addressing long-standing issues faced by homebuyers.

April 25, 2025
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MahaRERA Launches Statewide OC Verification to Combat Construction Fraud

Real Estate Mumbai

MahaRERA Launches Statewide OC Verification to Combat Construction Fraud

In a proactive move following the Dombivli construction scam, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has initiated a comprehensive statewide Occupancy Certificate (OC) verification process to ensure transparency and accountability in the real estate sector.

April 25, 2025
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MahaRera Tightens OC Verification for 3,699 Lapsed Housing Projects

Real Estate Maharashtra

MahaRera Tightens OC Verification for 3,699 Lapsed Housing Projects

In response to the recent fake document fraud in Kalyan-Dombivli, the Maharashtra Real Estate Regulatory Authority (MahaRera) is intensifying its efforts to verify occupancy certificates (OCs) for 3,699 lapsed housing projects across the state. This move aims to ensure transparency and accountability in the real estate sector.

April 24, 2025
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