Madras High Court rejects bail for Pon Vasanth, husband of Madurai Mayor Indrani, in the ₹200-crore property tax scam case. The SIT probes software manipulation causing massive revenue loss; opposition parties demand transparency in the ongoing investigation.
Real estate transactions in Trichy are rapidly transitioning toward digital processes as compliance with TNRERA regulations becomes stricter, enhancing transparency measures.
Despite a 12% YoY drop in Hyderabad’s April 2025 property registrations, Ranga Reddy recorded a 2% rise in ₹1 crore+ home sales, contributing 51% of the district’s transaction value. Luxury demand surged in Medchal-Malkajgiri and Sangareddy, driven by spacious homes over 2000 sq ft.
Raipur's RERA regulations enforce project transparency, secure funding, and timely delivery, reducing risks for homebuyers in under-construction properties while enhancing developer accountability.
New Haryana RERA regulations require real-time construction updates and timely project delivery in Gurgaon, enhancing transparency, accountability, and reducing homebuyer disputes.
Noida Authority directs builders to complete pending flat registrations by year-end. Failure may result in concession withdrawal, ensuring homebuyers' timely possession.
Bhubaneswar RERA introduces stricter compliance measures to enhance transparency and protect homebuyer interests in Odisha’s rapidly growing real estate market, focusing on timely project delivery and regulatory reforms.
Mohali's real estate market attracts NRIs through RERA reforms and streamlined services, offering luxury homes and smart offices with end-to-end dealer support.
The Delhi Development Authority (DDA) is introducing a new documentation system in September 2024 to provide property buyers with a more organized and secure experience.
Finance Minister Nirmala Sitharaman presents Budget 2024, anticipating focus on affordable and middle-class housing. Industry seeks tax breaks, GST concessions, and incentives for developers and buyers.
HRERA Gurugram imposes Rs 50 lakh penalty on Countrywide Promoters Private Limited for a misleading advertisement of their real estate project Green Oaks.
MahaRERA orders L&T Realty to return payment with a 2% deduction, following a similar ruling against Godrej Properties.
Yashvi Homes Pvt Ltd has been fined Rs 25 lakh by RERA Gurugram for misleading advertisements regarding their Golden Gate Residency project under DDJAY.
MahaRERA and ASCI partner to use AI for identifying non-compliant real estate ads, enhancing transparency and protecting homebuyers' interests.
Discusses the EIA process, draft notification, and India's environmental clearance procedures for construction projects to minimize environmental impact.
SEBI amends REIT regulations to allow Small and Medium REITs (SM REITs) with a minimum asset value of Rs 50 crore, expanding market access for retail investors.
Homebuyers can now check details of project and developer complaints on the MahaRERA website, enhancing transparency and aiding informed decision-making.
MahaRERA's new circular mandates promoters to submit certificates to track project status, increasing transparency for home buyers.
MahaRERA has listed over 3,400 real estate projects as lapsed due to delays, limiting developers from selling until extensions are approved by stakeholders.
The State Legislative Assembly reduced stamp duty on first-time registrations of apartments priced between Rs 35 to 45 lakhs to 3%, aiming to boost the real estate sector.
Tamil Nadu Real Estate Regulatory Authority (TNRERA) ruled that developers collecting payments without a contract violates the TNRERA Act.
Chandigarh Housing Board (CHB) implements new inspection rules for flat transfers to protect innocent buyers. Board officials will not inspect a dwelling during transfer unless violation notices are issued.
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.
YEIDA Announces Two Policies to Revive Stalled Projects in Greater Noida
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.