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 has launched a help desk to assist home buyers with inquiries and complaints, enhancing communication and support during the pandemic.
The Union Budget 2013-14 provided minimal direct support to the real estate sector, addressing affordable housing slightly and impacting the luxury segment negatively.
The Prime Minister's Office has intervened to expedite the long-pending Real Estate Regulatory Authority Bill, addressing inter-ministerial concerns and seeking to protect buyers' interests.