real estate news
Goa RERA Mandates Strict Guidelines for Real Estate Advertisements
Goa Real Estate Regulatory Authority (Goa RERA) has issued strict guidelines for real estate advertisements, requiring the display of RERA registration numbers and other crucial details. Non-compliance will result in action under the Real Estate (Regulation and Development) Act, 2016.
Real Estate
MahaRERA Orders ₹90 Crore Recovery from Palais Royale Promoter for Delayed Possession
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed the recovery of nearly ₹90 crore from Honest Shelters Pvt Ltd, the promoter of the Palais Royale project in Worli, due to non-compliance with earlier directives regarding delayed handover of flats.
Real Estate Maharashtra
Real Estate Tribunal Rejects Firm's Delayed Appeal
The Maharashtra Real Estate Appellate Tribunal (MREAT) has dismissed Agile Real Estate's (AREPL) application for condonation of delay in filing an appeal against an order by MahaRERA. The tribunal ruled that the firm failed to act diligently and did not provide sufficient reasons for the delay.
Real Estate
GujRERA Takes Action Against Shivalik Group for Pre-Registration Marketing
A bench of the Gujarat Real Estate Regulatory Authority (GujRERA) has referred a case involving the Shivalik Wave project to its secretary for legal action due to allegations of marketing and booking units before RERA registration.
real estate news
Goa RERA Mandates Builder to Refund Corpus Amount to Housing Society with Interest
The Goa Real Estate Regulatory Authority (RERA) has ordered Raj Housing Development Pvt Ltd to refund a corpus amount to a housing society along with interest, ensuring financial transparency and accountability.
Real Estate Mumbai
Police File FIR Against 7 Real Estate Directors in 65 Crore Investment Fraud
Mumbai: The Cuffe Parade police have filed an FIR against seven directors of a real estate company for allegedly defrauding about 70 investors of Rs 65 crore. The directors, all siblings, are accused of duping investors by promising high returns on their investments.
Real Estate Maharashtra
Pune Leads in Non-Compliant Housing Projects: MahaRERA Takes Action
Pune district has the highest number of non-compliant housing projects in Maharashtra, with close to 500 projects facing stringent action from the Maharashtra Real Estate Regulatory Authority (MahaRERA).
Real Estate Maharashtra
Appellate Tribunal Overturns MahaRERA Order, Denies Developer Concessions
The Maharashtra Real Estate Appellate Tribunal (MREAT) has set aside a conditional interest payment order by MahaRERA, directing ITMC developers to pay a 2% interest on outstanding amounts without any concessions.
real estate news
Hyderabad Real Estate Sector Faces Multiple Challenges
The real estate sector in Hyderabad is grappling with a series of challenges, including the need for uniform regulations and potential revisions to market values. Industry bodies suggest a standardized approach to tackle these issues, while the government
Real Estate
Haryana RERA Imposes Penalty on 1000 Trees Housing Project Promoter
The Haryana Real Estate Regulatory Authority (RERA) has imposed a significant penalty on the promoter of the 1000 Trees Housing project for violating regulations.