MOHALI: The Real Estate Regulatory Authority (Rera), Punjab has barred Chandigarh-based builder Motiaz from advertising, marketing, booking, or allotting flats in its project ‘The Royale Sector 39 Extension' located in Mohali.Rera Punjab chairman Rakesh Kumar Goyal issued an interim order after noting that the...
BENGALURU: Despite its mission to protect home buyers through transparency, accountability, and efficiency in property transactions, the Karnataka Real Estate Regulatory Authority (K-RERA) has come under scrutiny. While many home buyers have expressed dissatisfaction with K-RERA’s approach, raising concerns about its...
MUMBAI: Home buyers and advocates are unable to view details of projects kept on abeyance on the MahaRERA website. When some attempted to view details of a project on the website, a message is displayed stating the project is kept in abeyance and the bank account is frozen.However, all vital details, such as completion...
HYDERABAD: Telangana Real Estate Regulatory Authority (TGRERA) has directed Kavuri Forest Nest developer to maintain common areas of the community, strictly in line with the agreement of sale. The order came in response to a group complaint filed by 10 villa owners against developer Kavuri Ravi Kumar and Kavuri Forest...
HYDERABAD: The Telangana Real Estate Regulatory Authority (TGRERA) has put the housing project 'Shrivari's Brundavanam' on hold following a series of complaints from buyers. The project, developed by Shrivari Constructions and represented P Uma Devi, is located at Padmashri Hills in Bandlaguda Jagir municipality in...
HYDERABAD: A real estate agent was fined Rs 6.17 lakh by the Telangana Real Estate Regulatory Authority (TG RERA) for promoting an unregistered real estate project and issuing receipts to buyers by impersonating the builder. In addition, RERA directed builders Aaditri Housing to complete the flat and register it in the...
CHENNAI: Plots and houses only three kilometres from Kilambakkam and two kilometres from GST Road, with hundreds of amenities — ads with such claims have become all too common, flooding social media feeds and highway hoardings. But under a recent order by TNRERA (Tamil Nadu Real Estate Regulatory Authority), builders...
AHMEDABAD: Gujarat RERA has observed serious loopholes in loan practices by builders and non-banking finance companies (NBFCs) for project loans, including mortgaging unsold inventories of other projects and even disbursement without RERA registration.The authority has decided to raise the issue with the state finance...
BHUBANESWAR: In an effort to tighten the regulation of real estate activities, the housing and urban development department will collaborate with the revenue and disaster management department to enforce the decisions of Odisha Real Estate Regulatory Authority (ORERA).The decision was taken at a high-level meeting...
PUNE: MahaRERA's progress on recovery warrant has remained slow, with only 31% of cases executed. Despite state govt's directive to dispose of these cases within three months, merely Rs 233 crore has been recovered out of Rs 760 crore due in 1,212 cases across Maharashtra, officials told TOI on Saturday.The slow...