Jalandhar RERA enforces stronger financial checks and project viability assessments for developers, aiming to reduce construction delays and safeguard homebuyer investments.
MahaRERA introduces an AI-driven platform to modernize grievance resolution in Pune's property sector, aiming to slash dispute resolution times by 50% while enhancing transparency through automated case prioritization and real-time tracking for homebuyers.
Noida Authority directs builders to complete pending flat registrations by year-end. Failure may result in concession withdrawal, ensuring homebuyers' timely possession.
Ranchi's RERA authority enforces stricter compliance measures, increasing project audits and transparency requirements to protect homebuyers and improve real estate quality in the city's rapidly evolving property market. The move aligns with nationwide reforms, such as Gujarat's triad banking accounts and Odisha's structural repair funds, to bolster accountability and buyer confidence.
Haryana's real estate regulator introduces mandatory green certification for residential projects, aiming to promote energy-efficient practices and eco-friendly construction in Gurgaon.
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 revokes registrations of 13,785 real estate agents for regulatory non-compliance, emphasizing integrity and accountability in the industry.
Tamil Nadu Real Estate Regulatory Authority (TNRERA) ruled that developers collecting payments without a contract violates the TNRERA Act.
UP-RERA rejects Supertech's application for two new projects due to non-compliance and delays in existing projects.
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.
The Madras High Court has reinstated the ban on registration of unapproved plots in Tamil Nadu and seeks details on applications violating the 2016 ban order. A special sitting is planned to address the issue.
The government has introduced draft rules ensuring developers compensate buyers for delayed project completions, aiming to enhance accountability in real estate transactions.
Sahara Group will submit new property title deeds worth Rs 20,000 crore to SEBI after being restricted by the Supreme Court from selling assets. The case involves refunding investors.
Despite efforts to increase transparency, Mumbai's building plan approval system faltered. Approved construction plans were not uploaded to the website, hindering access for potential buyers.
Sahara Group approached the Supreme Court of India, asserting an error in the order restricting Subrata Roy from leaving the country until property deeds are given to SEBI.
HUDA withdraws extra fee for alternative plots based on High Court verdict.
SEBI has cautioned investors against dubious collective investment schemes (CIS), particularly those run by MPS Greenery Developers and Rose Valley Real Estate and Construction.
A Delhi-based investor has petitioned the Supreme Court to direct Sahara Group to refund his investments, marking the first such individual action amidst an ongoing dispute with SEBI over repayment of dues to nearly 3 crore investors.
Developers express mixed views on the real estate regulatory bill, citing concerns about one-sided punishment and the need for a more balanced approach.
The Supreme Court dismissed Sahara's appeal to review the order to refund ₹25,000 Cr to investors. The court found no valid reasons to reconsider its verdict.
Odisha real estate builders fear market slowdown due to recent scams. CREDAI-Odisha Chapter forms scrutiny committee to restore trust.
The Supreme Court granted Sahara Real Estate Firms an extension to pay their fine, directing SEBI to accept the application. The firms were initially ordered to refund money collected through debentures to investors.
The Supreme Court of India criticizes SEBI for failing to take legal action against the Sahara Group for not complying with an order to produce investment documents.
The CCI has reprimanded DLF Ltd for unlawfully canceling an apartment allotment, imposing penalties for non-compliance with previous directives concerning allottees.
A prosecution witness in the 2G spectrum case testified that real estate firms were not barred from applying for UAS licenses, and Parsvnath Developers' application was rejected.