The Ranga Reddy district consumer commission has handled 2,426 housing complaints since 1998, leading city forums in addressing project delays, construction quality issues, and agreement violations.
The real estate industry in Mumbai is grappling with increasing cases of fraud and deception by developers, leading to significant financial losses for homebuyers and legal action.
Noida Authority is developing a policy for mandatory structural audits of buildings before and after handover, placing responsibility on developers and AOAs.
The new Union bill enhances transparency in Greater Noida's real estate, empowering homebuyers while addressing builders' concerns amidst rising demand for affordable housing.
Raheja Universal, rated by CRISIL, plans to develop 70 million sq ft in Mumbai, consisting of 26 million sq ft commercial and 44 million sq ft residential.
Middle-class families struggle to find affordable housing in metro cities, often facing poor designs and compromises in quality. Design standards are needed for builders.