News articles tagged Real Estate Regulation

Panchkula RERA Launches Online Dispute Resolution Platform

Panchkula RERA introduces an online dispute resolution platform to streamline the complaint process and reduce case backlogs, providing faster resolutions for real estate disputes.

New RERA Guidelines Transform South Goa Vacation Rental Market

Goa RERA introduces stricter regulations for South Goa vacation rentals effective February 2025, aiming to ensure transparency, protect tourists, and empower property owners through standardized practices and dispute resolution mechanisms.

MahaRERA projects may get property cards soon

Maharashtra plans to issue property cards to apartment owners in MahaRERA-registered projects. These cards will detail carpet area, utilities, loan info, and land extract.

Noida authority plan policy to ensure periodical structural audits of buildings

Noida Authority is developing a policy for mandatory structural audits of buildings before and after handover, placing responsibility on developers and AOAs.

UP RERA imposes penalty of Rs 1 crore 40 lakh on nine developers

UP RERA imposes Rs 1.4 crore penalty on nine developers for non-compliance with orders at its 84th meeting. The Authority aims to protect homebuyers and ensure developers adhere to regulations.

MahaRERA marks 1,824 residential projects as ‘expired’ across the state

1,824 Maharashtra residential projects labeled "expired" by MahaRERA for exceeding deadlines. Developers need 51% buyer consent for extensions and face restrictions on promotion.

Non-farm use of plot only after infrastructure in place- MahaRERA

MahaRERA: Non-agri land use only after infrastructure in place, RERA registration mandatory

MahaRERA restricts about 644 projects across Maharashtra from sales

MahaRERA bans sales of 644 Maharashtra residential projects due to delayed completion and delivery issues.

Buyers may face a delay upto two-year in delivery of flats in Delhi-NCR

Apartment deliveries in Delhi-NCR face potential two-year delays due to pandemic-related disruptions, impacting over 3 lakh units, primarily in Greater Noida.

Publicly Disclose the Apartment Sales: MahaRERA

MahaRERA mandates disclosure of apartment sales and reservations to curb fraudulent practices by developers and protect buyers.

BRERA wants separate teams to help home buyers

BRERA urges government to form a team to help homebuyers recover dues or get possession from defaulting real estate companies.

Sebi to auction property of Kerala Housing Finance on June 4

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 working with state government to end flats registration deadlock

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.

MahaRERA order developers to disclose sold, booked inventory

MahaRERA orders developers to disclose sold, booked inventory to enhance transparency and prevent multiple transactions.

UP-RERA postpone physical hearing of complaints

UP-RERA suspends physical hearings from May 1st due to rising COVID-19 cases, shifting to virtual hearings via e-courts.

ORERA Fines Two Realtors for Violations of RERA Act

Odisha RERA (ORERA) fined two real estate developers ₹20 lakh each for advertising without registration and not issuing a sale agreement, respectively.

Two Online plans of buildings of commercial projects in Jaipur accepted

Rajasthan's UDH approves first online building plans for commercial projects in Jaipur, marking a shift towards digitization and transparency.

Information panel wants NRIs owning industrial plots named

Haryana State Info Commission orders HSIIDC to publish NRI plot-owners list in Gurgaon online

Sahara to move court for submitting fresh deeds

Sahara chief Subrata Roy seeks court approval to deposit property deeds with nationalized bank amid ongoing dispute with SEBI.

DDA halts construction on Yamuna bed

Despite DDA's order and NGT's intervention, illegal constructions continue in Yamuna floodplains, fueled by pre-election promises and ongoing property transactions.

CM asked HMDA to speed up work

Chief Minister N Kiran Reddy has urged HMDA to expedite ongoing projects, approved preparations for the Secundrabad Cantonment area master plan, and introduced various initiatives including the Land Pooling Scheme.

BMC, Mhada must act responsibly: Bombay HC

Bombay High Court directs BMC and MHADA to take responsibility for dilapidated buildings, amidst rising building collapse incidents.

Court asks CBI to lodge FIRs on illegal constructions

Delhi court orders immediate FIRs against illegal building owners/developers and CBI probe into senior officials' role in fake demolitions.

Sebi cracks down on an illicit real estate scheme

SEBI restricts Servehit Housing & Infrastructure from raising public funds over illegal real estate schemes, orders asset disclosure, and bars new scheme launches.

Property Transactions Set to Go Costlier

West Bengal's new property tax proposal faces criticism from CREDAI Bengal, citing increased transaction costs and negative impacts on the real estate sector due to inflated property valuations.