RERA to Verify Two-Thirds Consent of Allottees for Layout and Plan Revisions
The Real Estate Regulatory Authority (RERA) in Gurgaon has introduced a new measure to ensure the authenticity of the two-thirds…
Search Results for: Act, 2016
RERA Reshaping Indian Real Estate: Over 1.24 Lakh Complaints Resolved, Says Economic Survey
The Real Estate (Regulatory and Development) Act of 2016 (RERA) has significantly transformed the real estate sector in India, ensuring…
RBI Issues Revised Regulatory Framework for HFCs and NBFCs
The Reserve Bank of India (RBI) has issued a new notification on August 12, 2024, titled “Review of Regulatory Framework…
Karnataka RERA Orders Builder to Refund with Interest for Delay in Possession
In a significant decision, the Karnataka Real Estate Regulatory Authority (K-RERA) has ordered GVG Infrastructure Pvt. Ltd. to refund the…
Haryana RERA Imposes ₹5 Crore Penalty for Delayed Project Registration
Haryana Real Estate Regulatory Authority (RERA) has recently imposed a hefty penalty of ₹5 crore on real estate developer Vatika…
KRERA Orders Embassy Group to Compensate Buyers for Delay in Luxury Bengaluru Project
The Karnataka Real Estate Regulatory Authority (KRERA) has ordered Embassy One Developers Pvt Ltd, a subsidiary of Bengaluru-based Embassy Group,…
MahaRERA Orders Builder to Complete Construction and Hand over Possession
In a significant move, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed a builder to apply for an extension…
RERA Inspects Eight Under-Construction Projects in Gurugram for Extension
On Friday, the Real Estate Regulatory Authority (RERA) in Gurugram conducted inspections of eight under-construction real estate projects. These projects…
UP-RERA Criticizes Prayagraj Development Authority Over Delayed Possession
In a recent hearing, Sanjay Bhoosreddy, Chairman of the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA), expressed strong displeasure with…
Karnataka RERA Orders Refund to Homebuyer: Builder’s Failure to Deliver Possession
In a landmark decision, the Karnataka Real Estate Regulatory Authority (Karnataka RERA) has directed a builder to refund the amount…