Bhopal property prices to surge by 5-250% in 230 areas starting April 2025. Proposed rate hikes by district officials mark a second increase in one year, challenging home buyers and reshaping local real estate dynamics.
The highly anticipated Thane Property Expo 2025, hosted by CREDAI MCHI Thane, runs from February 7-10, featuring over 300 projects and exclusive financial offers.
MahaRERA orders L&T Realty to return payment with a 2% deduction, following a similar ruling against Godrej Properties.
Pune's property registrations surged 46% YoY in January 2024, fueled by strong demand. Homes priced between ₹50 lakh and ₹1 crore saw the most activity, capturing 32% of sales.
Jaypee Group's founder, Jaiprakash Gaur, transformed the construction industry but faced setbacks in real estate leading to over 20,000 dissatisfied home buyers struggling for their completed homes.
Supertech's bankruptcy raises concerns for 11,000 home buyers about delayed possession and financial claims as the company appeals the National Company Law Tribunal's decision.
Supertech's bankruptcy declaration by NCLT may impact 25,000 home buyers, but the developer asserts that project operations will continue unaffected.
MahaRERA's new circular mandates promoters to submit certificates to track project status, increasing transparency for home buyers.
Real estate developers must now disclose their mortgage or loan status to CERSAI. This move aims to increase transparency and protect home buyers from potential legal complications.
MahaRERA has launched a help desk to assist home buyers with inquiries and complaints, enhancing communication and support during the pandemic.
Tamil Nadu Real Estate Regulatory Authority (TNRERA) ruled that developers collecting payments without a contract violates the TNRERA Act.
UP-RERA offers a nine-month extension for the registration of projects, aiming to speed up stagnant real estate development. The extension is subject to monitoring and specific conditions.
UP-RERA rejects Supertech's application for two new projects due to non-compliance and delays in existing projects.
Real estate developers in Uttar Pradesh urge the government for effective policies to resolve insolvency issues that have stalled numerous projects, impacting thousands of buyers.
Greater Noida Authority has decreased real estate transfer fees on resale properties. For residential properties, transfer fees have been reduced to 2.5%.
Goa government hikes property registration fee from 0.5% to 1%, pushing buyers to pay around Rs 74,000 more for registrations. Credai opposes, stating it will affect market demand.
MahaRERA mandates disclosure of apartment sales and reservations to curb fraudulent practices by developers and protect buyers.
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.
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.
Jaypee Wish Town plans to deliver 6,000 apartments by 2022, including new and renovated units, with construction ongoing despite previous delays.
The DTCP has launched an online portal to streamline the affordable housing process, ensuring transparency and timely refunds for buyers following numerous complaints about unfair practices.
UP-RERA to issue a show-cause notice to Supertech Realtors due to non-compliance with the RERA Act.
Gaurs Group invests ₹2,123 crore in three stalled Amrapali projects, encompassing 10,900 apartments, marking a diversification into infrastructure.
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.
Odisha RERA (ORERA) fined two real estate developers ₹20 lakh each for advertising without registration and not issuing a sale agreement, respectively.