HYDERABAD: The Telangana Real Estate Regulatory Authority (TGRERA) has directed a developer to pay a penalty of 12.3 lakh for failing to deliver a villa in its Tellapur gated community project, Aakriti VIVA. It also ordered the developer to complete the construction and hand over possession to the complainants...
HYDERABAD: The Telangana Real Estate Regulatory Authority (TGRERA) has directed a developer, based in LB Nagar, to either register an unencumbered plot in its ‘SV Golden City 5' project or refund the entire sum of 15.1 lakh collected from the buyer with 11% annual interest. The complainant, Purshottam Ketepally...
BHUBANESWAR: In relief to homebuyers, the state govt on Monday appointed Usha Padhee, who is the principal secretary of housing and urban development department, as the interim chairperson of Odisha Real Estate Regulatory Authority (ORERA).The govt move comes two days after the third and only member of ORERA...
MUMBAI: The Maharashtra Real Estate Appellate Tribunal (MREAT) set aside a Maharashtra Real Estate Regulatory Authority (MahaRERA) order, passed in July 2022, where MahaRERA asked 36 complainants, who were allottees in a Borivli project, to take the recourse of arbitration as it was a clause in the sale...
BHUBANESWAR: Grievance redressal for homebuyers is likely to be affected with the Odisha Real Estate Regulatory Authority (ORERA), which has three members, becoming completely defunct on Saturday, following the retirement of its third member — who was serving as the acting chairperson — on Friday.ORERA...
NOIDA: UP Rera has warned developers not to hand over incomplete, or ‘canvas flats', to homebuyers, and violating this rule could attract large sums of penalties.The notice, issued on May 8, came in response to complaints from homebuyers, who allege that developers are forcing them to take possession of...
MUMBAI: A home buyer from Kandivli who filed a complaint with Maharashtra Real Estate Regulatory Authority (MahaRERA) in July 2023 was called for a hearing only earlier last month. In another instance, home buyers in another Kandivli project are awaiting possession of their homes, despite the Maharashtra Real...
BHUBANESWAR: In an attempt to safeguard the interests of homebuyers, Odisha Real Estate Regulatory Authority (ORERA) has sought the intervention of the state govt in instructing planning authorities to abide by its provisions which mandates obtaining the consent of two-third of the allottees if any promoter intends...
Representative imageThe number of housing projects registered with the Maharashtra Real Estate Regulatory Authority (MahaRERA) has crossed 50,000, making it the only state regulator in India to hit that milestone. As of now, 50,162 residential projects are registered with MahaRERA.Tamil Nadu ranks second with...
The Karnataka Real Estate Regulatory Authority (K-RERA), established to protect homebuyers and regulate the real estate sector, is now being criticised for its lack of enforcement, raising concerns about whether it has become a “toothless tiger.”K-RERA data reveals that of the 1,660 recovery orders issued...