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Bengaluru Real Estate Developers Welcome Karnataka’s New Setback Norms, But Warn of Delays and Costs

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.

August 18, 2025
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MahaRERA Orders Pune Builder to Compensate Homebuyers for Palm World One Project 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.

August 16, 2025
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MahaRERA Orders Pune Developer to Compensate Homebuyers for Palm World One Project Delays

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.

August 16, 2025
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Can Builders Invoke Force Majeure to Delay Possession? Know What RERA Says

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.

June 28, 2025
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Telangana RERA Orders Hyderabad Builders to Refund Customers with Interest for Project Delays

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.

June 24, 2025
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Approval Delays Hamper MMR and Bengaluru Real Estate Sectors

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.

June 22, 2025
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Karnataka Real Estate Crisis: Over 2,600 Projects Delayed, Rs 6 Bn Refunds Owed

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.

June 6, 2025
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Why Bengalureans Investing in Real Estate Need to Beware of Project Delays

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.

June 4, 2025
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Over 5,000 Realty Projects Delayed, Leaving Thousands in Limbo

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.

June 3, 2025
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Pune Metro Line 3 Faces Delay: Operators Request March 2026 Extension

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.

April 16, 2025
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Understanding the Impact of Cost Overruns on Major Infrastructure Projects in India

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.

April 7, 2025
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MahaRERA Orders Interest Payment for Delayed Yewalewadi Project Homebuyers

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.

March 31, 2025
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Maharashtra RERA Orders Lucina Land Development to Refund Homebuyer’s Money After Project Delays

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.

January 21, 2025
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Avoiding Housing Project Delays: A Homebuyer's Guide to Due Diligence

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.

September 12, 2024
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Navigating MMR's Real Estate Market: Red Flags to Watch Out For

real estate news

Navigating MMR's Real Estate Market: Red Flags to Watch Out For

MMR's peripheral areas offer attractive investment opportunities, but buyers must be aware of project delays, construction halts, and poor construction quality to avoid financial losses.

July 23, 2024
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