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HOUSING PROJECT LAPSE
Booked flats for Rs 1.16 crore, two homebuyers awaiting possession find project lapsed; MahaRERA orders builder to give money back with interestIn 2013, two homebuyers believed they would receive their flats by 2014. However, the project registration expired, leaving construction st...
Paid Rs 14.51 lakh for a home in Gurugram, buyer finds no progress at construction site as builder lost registration; HRERA directs refund with 10.80% interestAccording to the complaint made by the homebuyer, he has made a payment of Rs 14.51 lakh till now, which amounts to almost 50% of the total...
More than 2-year delay in getting possession of the apartment, yet no compensation from MahaRERA; Know how accepting possession without protest hurt homebuyer's delayed compensation pleaHomebuyersgot no compensation for more than 2-year delay in possession of flat, MahaRERAorder; Know how accepting possession without protes...
Audi unveils Q9, its biggest SUV yet: Price, specs, features, here's everything to knowAudi has unveiled its largest and most expensive SUV, the Q9, as its new flagship model. This full-size SUV will be available for order in ...
K'taka Cabinet clears Agritech Mission, AI centre, teacher recruitmentKarnataka's Cabinet approved the Agritech Mission-2026 and the recruitment of fifteen thousand teachers. Welfare initiatives for backward c...
US Russia sanctions bill cuts India, China tariff threat from 500% to 100%US Senate unveiled a revised Russia sanctions bill with softened oil tariff penalties. Major buyers like India and China will face up to 10...
Telangana CM urges Union Ministers to appoint SBICAPS for valuation of Hyderabad Metro Phase 1 soonTelangana Chief Minister A Revanth Reddy has urged Union Ministers to expedite the appointment of SBICAPS as a consultant for the Hyderabad...
Kerala Assembly urges Centre to withdraw proposed FCRA amendmentsKerala Assembly unanimously passed a resolution demanding the Centre withdraw proposed FCRA amendments, citing severe impacts on voluntary ...
Cabinet Secretariat cracks down on red tape, orders faster clearances for Centre's key projectsThe Cabinet Secretariat is pushing for faster government processes and reduced red tape to expedite key central projects. New directives ai...
MahaRERA steps up efforts to combat fraud with OC verification for lapsed projectsMaharashtra Real Estate Regulatory Authority will verify Occupation Certificates for stalled real estate projects. This action follows comp...
MahaRERA cracks down on errant builders, freezes 1,950 projects’ bank accountsMahaRERA has frozen bank accounts of over 1,950 stalled or lapsed real estate projects to enforce accountability and protect homebuyers' in...
MahaRERA initiates all lapsed projects’ scrutiny, issues notices to 11,000 housing projectsIn case of no response within 30 days, registration of these projects may get suspended or cancelled, along with restriction on sale of fla...
MahaRERA flags 314 housing projects under insolvency, cautions homebuyersMahaRERA has warned homebuyers against purchasing properties in 314 projects undergoing insolvency proceedings. Significant investments hav...
MahaRERA keeps registration of 1,750 lapsed housing projects in abeyanceThe Maharashtra Real Estate Regulatory Authority (MahaRERA) has put the registration of 1,750 lapsed housing projects on hold across the st...
MahaRERA cautions homebuyers against 308 projects facing insolvency proceedingsThe Maharashtra Real Estate Regulatory Authority (MahaRERA) has alerted homebuyers to over 308 real estate projects that are under insolven...
MahaRERA plans to help kickstart Rs 78,000-crore stalled, lapsed housing projectsOut of the 36,000 projects registered in the last five years in Maharashtra, 4,500 projects, or around 12%, have lapsed, and the state regu...
Lapsed MahaRERA registration of 388 projects in 2021 impacts 20,955 unitsThe top five cities in the state with the maximum lapsed projects are Mumbai Metropolitan Region (MMR), Pune, Aurangabad, Nagpur, and Satar...
Construction work on stuck Knight Court project of Jaypee Greens resumesKnight Court is among the five projects at Wish Town that are promoted, sold, and developed by JAL, not Jaypee Infratech Ltd, which is in i...
Noida rejects applications of 14 builders for completion certificatesBuilders had not fulfilled the laid-down criteria for completion and had filed their applications in haste to keep themselves out of the Re...
- Core sector funds to lapse on delays
A review of 800 infrastructure projects by the government has revealed that no project is facing any funding problem, but almost 200 of the...