You Searched for: real estate regulatory act rera

MahaRERA has introduced a two-year tenure limit for Self-Regulatory Organisation (SRO) appointees to enhance transparency and ensure subject matter expertise in real estate project registrations.
- 15th Jan 2025
- 1208 Views

Under-construction properties, once valued for affordability and appreciation, now face shifting buyer expectations, regulatory changes, and challenges. Weighing their risks and rewards against ready-to-move homes is key to informed investment decisions.
- 22nd Dec 2024
- 1247 Views

NRI (Non-Resident Indian) investments in Indian real estate are witnessing unprecedented growth, driven by economic, emotional, and regulatory factors. Ghar shares a mini-guide as to why NRIs are increasingly investing in Indian properties and how you can leverage this massive market opportunity.
- 23rd Sep 2024
- 1276 Views

Maharashtra Real Estate Regulatory Authority (MahaRERA) has ordered the termination of sale agreements between a developer and purchasers who missed payment deadlines in an unprecedented action.
- 23rd Mar 2024
- 1554 Views

Dedicated Monitoring Unit RequestThe Ministry of Housing should create a body to manage all state Real Estate Regulatory Authorities, according to a national homebuyers association. This suggestion was presented at a meeting with the Ministry of Housing and Urban Affairs.
- 9th Mar 2024
- 1301 Views

In a landmark decision, the Karnataka Real Estate Regulatory Authority (KRERA) has mandated L&T Realty to transfer the ownership of common areas and the pre-maintenance corpus to the Resident Welfare Association (RWA) for the L&T Realty Raintree Boulevard project in Bengaluru.
- 12th Feb 2024
- 1360 Views

The Union Territory of Jammu and Kashmir has appointed Satish Chandra, the former chairman of the J&K Public Service Commission (J&K PSC), as the next head of the RERA.
- 15th Jan 2024
- 1405 Views

MahaRERA recovered over Rs 140 crore this year from developers who delayed flat deliveries, distressing homeowners. This is one of India's greatest real estate regulator recoveries. MahaRERA has filed 1,123 warrants this year to collect about Rs 764 crore from developers, threatening to freeze bank
- 27th Dec 2023
- 1336 Views

Bengaluru-based Prestige Group, a real estate giant, is planning to transform urban landscapes across Delhi-NCR, Bengaluru, Hyderabad, Chennai, Mumbai, and Goa. With a Bengaluru trial project, they are also targeting elder living.
- 26th Oct 2023
- 1509 Views

In a bold initiative to demonstrate openness and regulatory supervision, MahaRERA deregistered seven key projects throughout the state. Developers recognise budgetary restrictions and lacklustre reception to their offers.
- 22nd Oct 2023
- 1430 Views

The Uttar Pradesh Real Estate Regulatory Act (UP-RERA) has improved transparency and strengthened real estate project bank account banking. A recent State Level Bank Committee (SLBC) statement stressed the need of managing these accounts according to RBI and RERA Act guidelines.
- 17th Oct 2023
- 1406 Views

Maharashtra has been the most active State in implementing the Real Estate (Regulation and Development) Act (RERA) since the law came into effect.
- 24th Jun 2023
- 1622 Views

The recently introduced Real Estate Regulatory Act or RERA has a mandate to bring about the much-needed transparency and accountability in India’s massive realty domain. The added transparency is also expected to boost the real estate industry’s stock
- 26th Jul 2016
- 3003 Views