News articles tagged RERA

Jalandhar RERA Introduces Stricter Standards for Project Approvals in 2025

Jalandhar RERA enforces stronger financial checks and project viability assessments for developers, aiming to reduce construction delays and safeguard homebuyer investments.

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.

RERA Delhi Mandates Energy Ratings for All New Projects

RERA Delhi introduces mandatory energy ratings for new residential projects to promote sustainability, reduce carbon footprint, and enhance transparency.

Bhubaneswar RERA Tightens Compliance: Enhanced Transparency for Homebuyers in Odisha’s Real Estate Boom

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.

Ranchi Tightens RERA Compliance: Stricter Audits and Transparency Rules for Developers

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.

Mohali Rental Market Soars: Furnished Apartments Dominate Demand

Mohali's rental market thrives as tenants increasingly favor fully furnished apartments near educational hubs, driving premium pricing in key areas like Sector 70 and Phase 3B2.

Mohali's Real Estate Boom: NRIs Tap Into Punjab's Growth Story

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.

Bollywood Star Kajol Invests Rs 28.78 Crore in Prime Mumbai Retail Space

Bollywood actress Kajol expands her real estate portfolio with a ₹28.78 crore purchase of retail space in Mumbai’s Goregaon West, reinforcing her strategic market presence.

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.

CREDAI Predicts 25% Surge in Chennai Apartment Sales for 2025

Chennai’s real estate market poised for 25% growth in 2025, driven by CREDAI’s predictions, strong demand in South Chennai suburbs like Medavakkam, Tambaram, Velachery, and Porur, and improved infrastructure.

Delhi Development Authority's New Approach to Property Documentation

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.

Which hotel chain has the highest market value in India?

The GROHE-Hurun India Real Estate 100 list highlights India's booming real estate market, driven by economic growth and investment, surpassing China in growth rate.

Best real estate deal: a Rs 37 crore 12,000 square foot penthouse in Pune

Pune's priciest penthouse sold for Rs 37 crore in Lodha One, Bund Garden. Luxury apartment deals surge, with 32 transactions exceeding Rs 10 crore in two years.

Here are the reasons behind developers’ and buyers’ objections to the UP RERA model format for possession letters in Delhi-NCR real estate

Uttar Pradesh RERA has introduced a new directive regarding possession letters, raising concerns among developers and homebuyers about its implications and impact on long-standing disputes.

Current Trends and Prospects for the Indian Real Estate Market

The Indian real estate market is poised for a major transformation. Economic shifts, government policies, and tech innovation will drive growth and change in 2024.

Anarock reports a 57% decrease in unsold homes amid the NCR real estate revolution

The Delhi NCR housing market has seen a 57% drop in unsold homes over five years, marking significant growth and stability, driven by infrastructure, demand, and regulatory reforms.

A comprehensive analysis of how elections affect Indian real estate

Akash Pharande of Pharande Spaces examines past real estate trends during elections and forecasts future trends, highlighting the positive impact of elections on the market.

India’s Real Estate Set to Grow by 2030, Pioneering a Trillion-Dollar Transformation

India's real estate market, projected to reach trillions by 2030, needs innovative financing solutions. REITs, despite tweaks, face low investor participation, while substantial capital remains trapped in low-yield fixed deposits.

The Migsun Group will invest Rs 426 crore to build a mixed-use property project in Lucknow

Migsun Group is investing ₹426 crore in a mixed-use project in Lucknow, featuring studio apartments and retail spaces. The project, approved by RERA, targets both investors and end-users.

Report: Over 3 crore jobs were created in India’s real estate sector in the last ten years

Indian real estate employment has risen from 4 crore in 2013 to 7.1 crore, driven by housing sector growth and government policies like RERA, GST, and PMAY.

MahaRERA directs Godrej, a real estate developer, to reimburse a portion of the amount that the buyer forfeited.

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.

RERA update: The Uttar Pradesh Real Estate Regulatory Authority issues five directives to protect the interests of purchasers

UPRERA mandates real estate developers to register projects under names on approved maps, sell only by carpet area, and include co-allottees in complaints.

Among real estate companies that donated more than Rs 1000 crore through electoral bonds, DLF and Chennai Green Woods Private Ltd. were at the top

The recent release of electoral bond data by the Election Commission reveals substantial political contributions from various real estate companies, led by DLF and Chennai Green Woods.

MahaRERA reports that the success rate of agreements between developers and homebuyers is approximately 50%

MahaRERA's conciliation forum boasts a 35-50% success rate in resolving disputes between homebuyers and developers, handling over 1,200 cases since 2018.

The Gurugram real estate regulator fines a developer for running deceptive advertising

Yashvi Homes Pvt Ltd has been fined Rs 25 lakh by RERA Gurugram for misleading advertisements regarding their Golden Gate Residency project under DDJAY.