CHENNAI: Mere grant of a building registration by the Tamil Nadu Real Estate Regulatory Authority (TNRERA) will not prejudice the rights of a person conducting a civil case for the title of a property, Madras high court said.“...it must be seen that when there are disputed questions of title, it is...
NEW DELHI: Real estate will play a key role in building the physical foundation for a developed India by 2047, said Devesh Singh, member, Real Estate Regulatory Authority for NCT of Delhi.Speaking at ASSOCHAM's real estate conference held in New Delhi, Singh said India’s economic growth will be...
GURUGRAM: Over a decade after a couple booked a residential floor in a project in Sector 67, they are yet to receive possession.On Aug 14, Haryana Real Estate Regulatory Authority (HRera) directed Ansal Phalak Infrastructure to pay delayed possession interest at 10.8% per annum to the homebuyers, who...
BHUBANESWAR: The state govt has initiated the process to appoint a new member (administration) in the Odisha Real Estate Regulatory Authority (ORERA), more than two months after the post fell vacant following the premature exit of the incumbent, appointed only about a year earlier.The development...
BHUBANESWAR: The state govt has initiated the process to appoint a new member (administration) in the Odisha Real Estate Regulatory Authority (ORERA), more than two months after the post fell vacant following the premature exit of the incumbent, who was appointed only about a year earlier. The...
BENGALURU: Karnataka’s real estate regulator is not facing a shortage of funds, but it is increasingly losing control over its own regulatory corpus.While Karnataka Real Estate Regulatory Authority (K-Rera) continues to generate steady revenue through project and agent registrations, penalties and...
PUNE: The Maharashtra govt’s initiative to fast-track the recovery of dues for aggrieved homebuyers has hit a roadblock. Despite the appointment of dedicated revenue recovery officers in key districts five months ago, collections have increased by a meagre Rs10 crore.Data from the Maharashtra Real...
GURUGRAM: Haryana Real Estate Regulatory Authority (HRera) has ordered developers to pay a compensation amounting to Rs 41 lakh to buyers for delay in handing over an apartment in Sector 86.While the apartment had been booked in 2015, the possession was offered to the buyers by 2018. On Feb 11, the...