Chennai's housing market surged 24% QoQ with 5,660 units sold in Q2 2025, defying a 20% national sales decline. Strong infrastructure growth, mid-segment dominance, and RERA compliance drive resilience as other metros face correction pressures amid geopolitical tensions.
CREDAI Trichy's FairPro 2025 property expo generated Rs 16 crore sales, showcasing 2,000 units from 29 developers with strong buyer interest across all segments.
Mangalore real estate buyers must verify bank approvals and developer credentials under stringent Karnataka RERA compliance requirements to prevent fraudulent property sales tactics.
RERA Delhi introduces mandatory energy ratings for new residential projects to promote sustainability, reduce carbon footprint, and enhance transparency.
MahaRERA directed Godrej Properties to refund a homebuyer after cancellation exceeding the 2% permissible deduction as per RERA guidelines, setting a precedent for similar cases.
The GST Council is expected to clarify that the Real Estate Regulatory Authority (RERA) will be exempt from GST. This decision follows concerns that GST effectively taxes state governments.
Karnataka High Court directs state government to recover funds for delayed Bengaluru projects within four months, following homebuyers' grievances over sluggish RERA order execution.
UP-RERA to launch microsite for developers to report procedural delays with authorities, aiming to reduce project completion times and homebuyer suffering.
MahaRERA has issued recovery warrants worth Rs 633 crore against errant builders in Mumbai, Pune, and Thane to protect homebuyers' investments.
MahaRERA grants a six-month extension to real estate projects due to the pandemic's second wave, invoking the force majeure clause for projects expiring after Apr 15, 2021.
MahaRERA orders developers to disclose sold, booked inventory to enhance transparency and prevent multiple transactions.
Noida Authority cracks down on developers for delayed flat registries, impacting 18 societies and prompting a 3-month deadline for compliance.
UPRERA extends project registration validity by three months due to the national lockdown. Deadlines for project completion and other statutory compliance are also extended.
RERA will be fully implemented nationwide from May 1. Noida Authority will upload detailed project information online. Homebuyers seek transparency and tracking of construction progress.
The BJP is urging the establishment of a Real Estate Regulatory Authority to protect small investors, highlighting concerns over housing projects and financial security.