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RERA COMPLIANCE
Builder promised to bear stamp duty, then refused; MahaRERA orders payment plus Rs 5.4 lakh interest to buyerHomebuyer wins as MahaRERA orders builder to pay stamp duty and registration charges and also Rs 5.4 lakh interest to homebuyer. Read this ...
UP RERA approves 12 realty projects worth Rs 1,664 cr across six districtsThe Uttar Pradesh Real Estate Regulatory Authority has greenlit 12 new projects across six districts, promising an investment of Rs 1,663.8...
Can you earn rental income by letting out your flat on Airbnb for homestay? What homeowners need to know as similar case sparks protests in a Ghaziabad housing societyIf someone is found running a homestay or Airbnb-like service in your society, what can you do? Legally, the society’s first step should be...
Ashiana Housing to invest Rs 1,000 cr in FY27 to acquire land for expansion: MD Vishal GuptaRealty firm Ashiana Housing will invest ₹1,000 crore this fiscal to acquire land across major markets like Delhi-NCR, Rajasthan, Maharashtr...
Reforms improved India’s competitiveness, strengthened resilience: CII’s R MukundanReforms in taxation and digital infrastructure have boosted India's economic competitiveness. GST and the JAM trinity integrated millions i...
When ‘almost complete’ means years of waiting: How RERA extensions are pushing possession dates further away for homebuyersMany housing projects miss their completion dates and seek extensions. A MahaRERA analysis shows many projects have extension histories. Re...
Homeowner wins against builder over roof leakage: Telangana RERA cites 5- year liability ruleHomeowner facing water leakage from roof issue wins relief in Telangana RERA as tribunal said builder is liable to fix it since its reporte...
SC rejects proposal of Parsvnath Developers for homebuyers, asked it to file anotherThe Supreme Court rejected Parsvnath Developers’ proposal on handing over flats or repaying homebuyers, calling it another device to delay ...
No possession of flat after 3 years of signing sale agreement: Homebuyer to get Rs 14.17 lakh refund with Rs 6.4 lakh interest; know how she won the case in TGRERANo flat delivered even after three years of signing sale agreement: Homebuyer wins refund with Rs 6.4 lakh interest, TGRERA order. Laxmi Na...
5069 sq ft advertised, 3900 sq ft delivered : Telangana RERA orders Rs 20 lakh refund for homebuyer and Rs 98 lakh penalty for builder. Know what happenedAs per the sale agreement, the villa measured 5069 square feet, but the builder delivered a 3900 square feet villa and said 30% of the area...
Builder must fix recurring water leakage permanently, but homeowner can't dictate which contractor or brand to use: Karnataka RERA gives relief to Bengaluru top-floor flat ownerFrustrated with repeated water leakage issue in top floor flat homeowner requested building to appoint Dr Fixit and Asian paints to fix it;...
F&B regulatory crackdown sends celebrities into endorsement rethinkSeveral celebrities and influencers have stopped endorsing food and beverage brands. This action follows increased regulatory oversight and...
NBCC moves Supreme Court over RERA rules for 16 Supertech projectsThe Supreme Court will hear NBCC's plea regarding RERA compliance for Supertech projects. NBCC seeks exemption from statutory provisions fo...
Haryana RERA gives developers four-month relief as Iran war disrupts projectsHaryana RERA has extended real estate project deadlines by four months. This decision follows a central government advisory recognizing sup...
CREDAI welcomes Bengal realty reforms; seeks 8-month force majeure reliefCREDAI West Bengal welcomes the state government's proposed Standard Operating Procedure for building safety. Developers requested an eight...
ET explainer: Centre's 4-month extension to ease compliance burden for realty companies, ensure project completionThe government has advised state RERAs to extend project deadlines by four months. This advisory addresses disruptions caused by the West A...
SC gives Parsvnath Developers one week to deposit dues to homebuyers, warns next step is jailThe Supreme Court gave Parsvnath Developers one final week to deposit homebuyers' dues. This deposit must include the entire amount along w...
UP RERA to facilitate GST refund for homebuyers, warns builders against excess levyUP RERA has issued new guidelines for homebuyers seeking GST refunds. Eligible homebuyers can now claim excess GST collected through the GS...
Builder failed to provide promised amenities for 6 years; Karnataka RERA steps in and issues 90-day deadline to give promised amenitiesKarnataka RERA ordered a builder to provide promised amenities within ninety days. The builder failed to deliver Cauvery water and electric...
Over 40% developers have no formal process in place to comply with RERA: SurveyIt further revealed that nearly 80 per cent of the board/senior management are using common methods like excel based MIS reporting to revie...