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 news
Can Builders Invoke Force Majeure to Delay Possession? Know What RERA Says
Real estate developers often use the 'force majeure' clause to justify delays in project delivery. But what are these circumstances, and do homebuyers have any legal recourse under RERA? Read on to find out more.
Real Estate
Telangana RERA Orders Hyderabad Builders to Refund Customers with Interest for Project Delays
The Telangana Real Estate Regulatory Authority (RERA) has taken action against two Hyderabad-based real estate firms for failing to complete a housing project on time and violating regulatory norms.
real estate news
Approval Delays Hamper MMR and Bengaluru Real Estate Sectors
The real estate sectors in Mumbai Metropolitan Region (MMR) and Bengaluru are facing significant hurdles due to prolonged approval processes, environmental clearances, and evolving e-Khata portals. These issues are causing delays, affecting project viability, and impacting developers' profits.
Real Estate
Karnataka Real Estate Crisis: Over 2,600 Projects Delayed, Rs 6 Bn Refunds Owed
More than 2,600 real estate projects in Karnataka have missed their scheduled completion deadlines, leaving developers and homebuyers in a state of uncertainty and financial distress.
real estate news
Why Bengalureans Investing in Real Estate Need to Beware of Project Delays
Over 2,600 real estate projects in Karnataka have missed their deadlines, leaving homebuyers in Bengaluru paying both rent and EMIs. The Karnataka Real Estate Regulatory Authority (KRERA) warns of the risks and provides insights into the causes of these delays.
Real Estate
Over 5,000 Realty Projects Delayed, Leaving Thousands in Limbo
The Karnataka Real Estate Regulatory Authority (KRERA) has penalized multiple real estate projects for delays, leaving thousands of homebuyers in a state of uncertainty.
Real Estate
HRERA Awards Rs 65 Lakhs Compensation for 9-Year Delay in Flat Possession
The Haryana Real Estate Regulatory Authority (HRERA) has ordered a builder to pay Rs 65 lakh in compensation to a homebuyer for a nine-year delay in handing over a flat in Gurugram. The ruling highlights the accountability of developers and the rights of homebuyers.
Real Estate
TGRERA Fines Hyderabad-based Builder Rs 12.32 Lakh for 9-Year Project Delay
The Telangana State Real Estate Regulatory Authority (TGRERA) has levied a substantial fine of Rs 12,32,527 on a builder in Hyderabad for a nine-year delay in the completion of a real estate project, violating the stipulated norms.
Real Estate
TGRERA Fines Hyderabad-based Builder Rs 12.32 Lakh for 9-Year Project Delay
The Telangana State Real Estate Regulatory Authority (TGRERA) has levied a substantial fine of Rs 12,32,527 on a builder in Hyderabad for a nine-year delay in the completion of a real estate project, violating the stipulated norms.
Real Estate Pune
Pune Metro Line 3 Faces Delay: Operators Request March 2026 Extension
The operators of the Pune Metro Line 3 are seeking an extension to March 2026 due to unforeseen challenges and delays in the project. This article explores the reasons behind the delay and the potential impact on the city's urban infrastructure.
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
Understanding the Impact of Cost Overruns on Major Infrastructure Projects in India
India's ambitious infrastructure projects often face significant delays and cost overruns, affecting the country's development and economic growth. This article explores the reasons behind these issues and their implications.
Real Estate Maharashtra
MahaRERA Orders Interest Payment for Delayed Yewalewadi Project Homebuyers
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has ruled that M/s Shivam Nakoda Buildcon and its partners must pay interest to homebuyers for the delayed Yewalewadi project, ensuring transparency and accountability in the real estate sector.
real estate news
K-RERA Mandates BDA to Pay Rs 12.5 Lakhs for Construction Delay
In a significant ruling, the Karnataka Real Estate Regulatory Authority (K-RERA) has ordered the Bangalore Development Authority (BDA) to pay Rs 12.5 lakhs to a homebuyer for the delay in the project site development.
Real Estate Maharashtra
Maharashtra RERA Orders Lucina Land Development to Refund Homebuyer’s Money After Project Delays
The Maharashtra Real Estate Regulatory Authority (MahaRERA) bench, comprising Mahesh Pathak (Member – I), has directed Lucina Land Development to refund a homebuyer’s money after significant project delays.
real estate news
Haryana RERA Rules Against Ramprastha Promoters for 5-Year Delay
The Haryana Real Estate Regulatory Authority (RERA) has held M/s Ramprastha promoters accountable for a significant delay of more than five years. The Authority, chaired by Vijay Kumar Goyal, has issued a directive to ensure the timely completion of proje
Real Estate
Avoiding Housing Project Delays: A Homebuyer's Guide to Due Diligence
Close to 2000 under-construction housing projects remain stalled, jeopardizing consumers' investments. Homebuyers must do their due diligence when choosing a real estate development partner.