Real Estate
Telangana RERA Orders BhuvanTeza to Refund Buyers' Money for Violating Real Estate Norms
The Telangana Real Estate Regulatory Authority (TGRERA) has directed BhuvanTeza Infra Projects Pvt. Ltd. to refund buyers' money with interest for misleading homebuyers and failing to secure mandatory approvals.
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
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
MahaRERA Takes Action: 12 Recovery Officers Appointed to Speed Up Homebuyer Refunds
In a significant move to address the concerns of homebuyers, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has appointed 12 dedicated recovery officers to expedite the process of refunding amounts to homebuyers under the Real Estate (Regulation and Development) Act, 2016.
Real Estate Pune
Pune Authorities Appoint 12 Officers to Expedite MahaRERA Refunds
Pune has taken a significant step towards ensuring timely refunds for homebuyers by appointing 12 new officers under the MahaRERA framework. These officers will facilitate the process and ensure that recovery warrants are issued efficiently, allowing for the attachment of developers' properties if necessary.
Real Estate Maharashtra
MahaRERA Relief: Maharashtra Appoints 12 Recovery Officers for Swift Homebuyer Refunds
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has taken a significant step to address the concerns of homebuyers by appointing 12 dedicated recovery officers. This move aims to expedite the process of refunding payments to homebuyers who have faced delays or defaults from developers.
Real Estate Mumbai
MahaRERA Announces 12 Recovery Officers to Fast-Track Homebuyer Refunds
The Maharashtra government has appointed 12 dedicated recovery officers to expedite the refund process for homebuyers under the Maharashtra Real Estate Regulatory Authority (MahaRERA). This move aims to provide much-needed relief to aggrieved homebuyers struggling with delayed or non-compliant projects.
real estate news
Gujarat RERA Mandates Refunds for Buyers in V'dara Project
The Real Estate Regulatory Authority (RERA) in Gujarat has ordered refunds for buyers in the V'dara project, addressing long-standing concerns and ensuring transparency and accountability in the real estate sector.
real estate news
SC Orders Refunds and Loan Waivers for Homebuyers in Mumbai Project Affected by Builder Default
The Supreme Court of India has ruled in favor of homebuyers affected by builder default in a significant Mumbai real estate project, ordering refunds and loan waivers. This landmark decision brings much-needed relief to aggrieved homebuyers and sets a pre
Real Estate Mumbai
Supreme Court Orders Refunds and Loan Waivers for Homebuyer Victims in Mumbai Project
The Supreme Court has ruled in favor of homebuyers in a real estate project in Mumbai, ordering refunds and loan waivers for those affected by the builder's default on pre-equated monthly installments. This landmark decision aims to protect the financial
Real Estate Maharashtra
Maharashtra Real Estate Appellate Tribunal Orders Refunds for Delayed Possession
The Maharashtra Real Estate Appellate Tribunal has ordered a real estate developer to refund the money to homebuyers, including pre-EMI charges, for the delay in the possession of their properties. This ruling sets a precedent for transparency and account
Real Estate
Homebuyer Wins Case Against Builder: Rs 47 Lakh Refund Ordered by Goa RERA
The Goa Real Estate Regulatory Authority (RERA) has mandated Alchemy India to refund Rs 47.40 lakh to Jatinder Narang within 60 days for failing to provide possession of the flat.
Real Estate
Karnataka Real Estate Developers Owe Homebuyers Nearly ₹667 Crore in Refunds
The Karnataka Real Estate Regulatory Authority (KRERA) has managed to recover only ₹92 crore out of the total ₹667 crore owed by real estate developers to homebuyers in the state. Homebuyers are increasingly frustrated by the delays and financial struggle
Real Estate
RERA Orders Refund and Penalty for Developer’s Violation of Real Estate Laws
The Telangana State Real Estate Regulatory Authority (RERA) has directed Bhuvanteza Infra Projects Pvt. Ltd to refund Rs 32 lakh to a homebuyer along with 11.05% annual interest. Additionally, a penalty of Rs 11.46 lakh was imposed on the developer for vi
Real Estate Maharashtra
Real Estate Regulatory Authority (RERA) Updates: November 18-24, 2024
Recent decisions by various state RERA authorities highlight the ongoing efforts to protect homebuyers' rights and ensure compliance by developers. This week, notable actions include refunds, penalties, and settlements in Haryana, Telangana, West Bengal,