MahaRERA mandates disclosure of apartment sales and reservations to curb fraudulent practices by developers and protect buyers.
BRERA urges government to form a team to help homebuyers recover dues or get possession from defaulting real estate companies.
CREDAI-MCHI urges Maharashtra government to reduce stamp duty to 2% in Mumbai to revitalize housing demand amidst the COVID-19 pandemic, citing reduced sales and state revenue.
MahaRERA orders Radius Estates to refund 14 homebuyers of the Ten BKC project due to delayed ownership and failure to pay pre-EMI, alongside imposing a fine on the developer.
MahaRERA orders Acme Housing to pay interest for delayed ownership of Thane's Alpinia project, citing developer's failure to meet contract terms amid external challenges.
Sebi will auction a Kerala Housing Finance property to recover dues. The auction of the Thiruvananthapuram apartment, with a base price of Rs 55 lakh, is scheduled for June 4.
UP-RERA is working alongside the state government to address the deadlock in flat registrations, impacting over 50,000 home buyers in Noida and Greater Noida.
HRERA issues new rules mandating residential property sales based on carpet area, deemed illegal otherwise.
MahaRERA orders developers to disclose sold, booked inventory to enhance transparency and prevent multiple transactions.
UP-RERA suspends physical hearings from May 1st due to rising COVID-19 cases, shifting to virtual hearings via e-courts.
BRERA has taken action against three developers for violating rules, freezing their accounts and banning the sale of residential units due to buyer complaints.
Maharashtra makes slot booking mandatory for property registration in April due to COVID-19 restrictions, potentially impacting revenue collection.
Police attached 56 illegally constructed flats in Shahberi, Greater Noida, valued at ₹22.40 Cr. The builder constructed on agricultural land without approvals.
Maharashtra reverts to 5% stamp duty on property registrations from April 1, with 1% concession for properties in women's names.
UP-RERA to issue a show-cause notice to Supertech Realtors due to non-compliance with the RERA Act.
Goa CM Pramod Savant announced a 30% infrastructure tax reduction for six months starting April 1, 2021, to revitalize the real estate sector and simplify double taxation issues.
UP-RERA is set to hold a National Lok Adalat on April 10, 2021, for resolving disputes between developers and home buyers in Uttar Pradesh.
Gujarat RERA imposed fines on Devnandan Builders, Dwarkadas Pritamani, and Shivalik Infraspace for violating RERA rules. Violations included booking apartments without registration and accepting advance payments beyond the permitted limit.
UP-RERA levies ₹1.24 crore fine on several developers, including Ansal API, for non-compliance with orders and irregularities in project sales, prioritizing home buyer protection.
Odisha RERA (ORERA) fined two real estate developers ₹20 lakh each for advertising without registration and not issuing a sale agreement, respectively.
TNRERA Denies Compensation for Delayed Delivery and Lack of Car Parking
Gujarat received 56,000 applications to convert agricultural land for non-agricultural use in 2019-2020, generating over Rs. 2,000 crore in revenue.
Noida Authority cracks down on developers for delayed flat registries, impacting 18 societies and prompting a 3-month deadline for compliance.
Pune Cantonment Board (PCB) to seal properties of tax defaulters who fail to pay dues by March 5, 2021. PCB aims to recover Rs 38 crore from over 12,000 defaulters.
Rajasthan's CM announces reduced stamp duty on residential properties, lowering costs for buyers and aiming to boost the affordable housing market in the state.
