real estate news
Odisha Real Estate Tribunal Upholds Buyer's Rights Against Delayed Possession and Lack of Amenities
The Odisha Real Estate Appellate Tribunal (OREAT) has dismissed a realtor's appeal, upholding the earlier order to compensate a homebuyer for delayed possession and lack of promised amenities.
Real Estate
UP RERA Takes Strict Action Against Promoters for Violating Real Estate Norms
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) is cracking down on promoters who violate rules and fail to meet mandatory norms. The authority has taken significant steps to protect homebuyers and ensure compliance with the RERA Act.
Real Estate
UP RERA Orders Strict Action Against Mahagun and Other Real Estate Developers
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has imposed fines and referred several cases for punitive action against real estate developers, including Mahagun and Gaursons groups, for violations of the Real Estate (Regulation and Development) Act.
Real Estate
TGRERA Imposes Penalties on Hyderabad-Based Realtors for RERA Violations
The Telangana Real Estate Regulatory Authority (TGRERA) has imposed penalties on three Hyderabad-based realtors for violating the RERA Act. The penalties were issued for unregistered projects, unregistered agreements, and non-registration of sale deeds.
Real Estate
Madras High Court Rules: RERA Act Does Not Empower Granting of Permanent Injunction
The Madras High Court has ruled that a suit for common law remedy, such as a permanent injunction, cannot be sought before the Real Estate Regulatory Authority (RERA). The decision clarifies the jurisdictional boundaries and the scope of the RERA Act.
Real Estate
A Comprehensive Government Approach for Advancing the Real Estate Sector: LG J&K
Lieutenant Governor Manoj Sinha emphasized the need for a 'Whole of the Government' approach to advance the real estate sector and ensure accountability in project delivery at the Governing Council Meeting of AIFORERA in Srinagar.
Real Estate
Lieutenant Governor Addresses AIFORERA Governing Council Meeting in Srinagar
The Lieutenant Governor of Jammu and Kashmir, Shri Manoj Sinha, emphasized the importance of equitable development and transparency in the real estate sector during the AIFORERA Governing Council Meeting in Srinagar. He highlighted the Rs. 1 lakh crore Urban Challenge Fund as a game changer for urban transformation.
Real Estate Maharashtra
Odisha RERA Launches CDR Cell for Swift Home-Buying Dispute Resolution
The Odisha Real Estate Regulatory Authority (ORERA) has established a Conciliation and Dispute Resolution (CDR) cell to provide a cost-effective and speedy resolution mechanism for home-buying disputes.
Real Estate
High Court Upholds HRERA Penalties on Ansal Properties Despite Insolvency
The Punjab and Haryana High Court has ruled that Ansal Properties and Infrastructure Ltd must face penalties imposed by the Haryana Real Estate Regulatory Authority (HRERA) for statutory non-compliance under the RERA Act, even while undergoing insolvency proceedings.
Real Estate
Bombay High Court Orders Stamp Duty Refund Despite Delayed Application
The Bombay High Court has ruled in favor of a petitioner seeking a refund of stamp duty, despite the application being filed beyond the five-year limitation period. The court observed that the delay was justified due to the petitioner's need to first approach authorities under the RERA Act for the cancellation of the Agreement for Sale.
Real Estate Maharashtra
Bombay HC Orders Stamp Duty Refund Despite Delayed Application
The Bombay High Court has ordered the refund of stamp duty to a petitioner despite the application being filed beyond the five-year limitation period. The court ruled that the delay was justified due to the petitioner's efforts under the Real Estate (Regulation and Development) Act, 2016 (RERA Act).
real estate news
UP RERA Launches 19th Real Estate Agent Training Session in Lucknow
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has commenced the four-day '19th Real Estate Agent Training Session' in Lucknow, aimed at enhancing professionalism and accountability in the real estate sector.
Real Estate
GUJRERA Cracks Down on Real Estate Developers for Rule Violations
The Gujarat Real Estate Regulatory Authority (GUJRERA) is taking strict action against developers for violating rules under the Real Estate Act, imposing fines ranging from Rs 25,000 to Rs 1,00,000.
Real Estate Maharashtra
Maharashtra Takes Strict Action Against Non-Compliant Developers Under RERA Act
Maharashtra Industry Minister Uday Samant announced that action will be taken against developers who fail to comply with the RERA Act, ensuring stricter regulation in the real estate sector.
Real Estate
TG RERA Orders Hyderabad Builder to Fix Water Seepage Without Additional Charges
The Telangana Real Estate Regulatory Authority (TG RERA) has directed a Hyderabad-based builder to resolve water seepage issues in a flat owner's property within 60 days, without charging any additional fees. Penalties will be imposed if the builder fails to comply.
real estate news
TG RERA Orders Hyderabad Builder to Fix Water Seepage Without Additional Charges
The Telangana Real Estate Regulatory Authority (TG RERA) has directed a Hyderabad-based builder to resolve water seepage issues in a flat without imposing additional charges on the owner. The builder must complete the rectification within 60 days or face penalties under the RERA Act 2016.
Real Estate Mumbai
No Relief for Defaulting Flat Buyers in Chembur Project
MahaRERA has denied relief to six flat purchasers in the Chembur project, who defaulted on payments. The regulatory authority upheld the builder's decision to terminate their bookings and forfeit the booking amounts.
real estate news
Telangana RERA Fines Four Realtors Rs 3.69 Lakh for Fraud
The Telangana Real Estate Regulatory Authority (TGRERA) has imposed a fine of Rs 3.69 lakh on four realtors for alleged fraud and non-compliance with the RERA Act 2016.
Real Estate
TG RERA Directs Real Estate Firm to Surrender Common Areas to MCOR Apartment Residents
In a significant victory for MCOR apartment residents in Ameenpur, the Telangana State Real Estate Regulatory Authority (TG RERA) has ordered MCOR LLP Projects to hand over control of common areas as per the sanctioned plans.
real estate news
TG RERA Orders Real Estate Firm to Hand Over Common Areas to MCOR Apartment Members
In a significant victory for MCOR apartment members, the Telangana State Real Estate Regulatory Authority (TG RERA) has ordered a real estate firm to hand over the physical possession of common areas and adhere to the sanctioned plans.