BENGALURU: In a move to protect homebuyer rights, the Karnataka Real Estate Regulatory Authority (K-Rera) decided to impose a penalty of Rs 25,000 per quarter on promoters who delayed or failed to submit quarterly progress reports (QPRs) for the financial year 2025-26, as mandated under the Real...
BENGALURU: Karnataka Real Estate Regulatory Authority (K-RERA) has directed a Haryana-based builder to submit a detailed compliance report/action plan within 30 days specifying the list of amenities and infrastructure works already completed and those remaining to be completed in the project - Astrum...
BENGALURU: Amid complaints from homebuyers over unclear and shifting parking allotments, Karnataka Real Estate Regulatory Authority (K-Rera) is set to make it mandatory for builders to disclose the number, size, type and exact location of parking spaces in allotment letters and agreements for...
BENGALURU: Despite the efforts of law enforcement authorities and the Karnataka Real Estate Regulatory Authority (K-RERA), the menace of double sale continues to haunt gullible and hapless homebuyers. Many affected buyers have been running from pillar to post seeking justice. Some of them have pinned...
BENGALURU: Karnataka Real Estate Regulatory Authority (K-RERA) chairman Rakesh Singh has urged citizens that they must not allow any promoter to take them for a ride when they are buying a real estate asset. They must not accept deficient service and if they encounter any such crisis, they could...
BENGALURU: Builders must insure common areas or risk footing the bill for disaster repairs — that is the message from Karnataka Real Estate Regulatory Authority (K-Rera).In a recent order, the authority directed the developers of an apartment complex on Kanakapura Road to furnish all insurance...
MYSURU: Karnataka Real Estate Regulatory Authority (K-RERA) chairman Rakesh Singh on Saturday said the authority is contemplating the introduction of a single-window clearance system within RERA to coordinate and follow up on permissions required from various govt agencies for real estate projects.He...
BENGALURU: In a major relief to thousands of homebuyers who have waited nearly a decade for possession of plots, Karnataka Real Estate Regulatory Authority (K-Rera) has ruled that Bangalore Development Authority (BDA) must be treated as a "promoter" under the Real Estate (Regulation and Development)...
BENGALURU: The Karnataka Real Estate Regulatory Authority (Rera) is preparing to introduce a project closure policy, becoming only the second state after Odisha to do so.The policy aims to bring transparency and accountability to builders' submissions and protect homebuyers by ensuring projects are...
BENGALURU: In a move to recover over ₹750 crore in outstanding dues from builders, the police department has agreed to serve notices issued by the Karnataka Real Estate Regulatory Authority (K-RERA) to developers found violating regulations. Homebuyers have long been urging K-RERA, the Revenue...