Representative imageMUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued a warning to real estate developers against engaging in unethical practices including misrepresenting project details or selling properties without obtaining all the necessary regulatory approvals.The regulator has...
Representative imagePATNA: For the first time, a property of a defaulting promoter, confiscated by Real Estate Regulatory Authority (RERA), Bihar, will be auctioned so that the proceeds can be refunded to the aggrieved homebuyers for failure to complete its project."The authority had confiscated the land of Agrani...
Representative image GURUGRAM: Homebuyers have alleged harassment and non-compliance by builders over a 2016 housing project, despite favourable rulings by the Haryana Real Estate Regulatory Authority (HRERA).Buyers have alleged that builders have been charging them higher interests, blaming them for the delay in...
Representative image The Maharashtra Real Estate Regulatory Authority (MahaRERA) on Monday said it has recovered over Rs 200 crore from developers to compensate homebuyers for their losses. The authority also outlined plans to further intensify its recovery efforts. The real estate watchdog said it has issued 1,163...
Representative imageGURUGRAM: The Haryana Real Estate Regulatory Authority (HRera) has issued 1,190 recovery certificates to reclaim Rs 1,043 crore owed to homebuyers by defaulting builders. However, despite these efforts, only Rs 225 crore has been recovered so far, covering just 261 cases. A significant Rs 800...
Representative imageGURUGRAM: Haryana Real Estate Regulatory Authority (HRera) has this year issued 207 arrest warrants against 20 city-based developers for failing to comply with its orders to provide compensation due to delays in handover of flats to homebuyers.H-Rera officials said police had, however, not acted...
Representative image The Maharashtra Real Estate Regulatory Authority (MahaRERA) has cautioned homebuyers against buying any properties in a total 314 projects registered with the authority that are undergoing proceedings at the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code (IBC) of...
Representative imagePUNE: From next month, homebuyers will be able to decide on housing projects based on their gradation on Maharashtra Real Estate Regulatory Authority (MahaRERA) website.The gradation will be done using IT tools after assessing technical, financial and legal details as well as project overview...
Representative imageMUMBAI: In a recent order, the MahaRERA has granted relief to over 70 homebuyers who had booked flats in the Ruparel Skygreens project in Borivli. The promoter had failed to deliver possession to the allottees — including those who had booked the flats under the subvention schem, and the...
Representative image PUNE: Homebuyers have raised serious concerns over the significant delays in second MahaRERA hearings, with duration in some cases stretching beyond a year, raising questions on the authority's efficacy in delivering timely justice to the aggrieved parties.The aggrieved homebuyers had raised...