Odisha RERA Struggles with 1,028 Pending Cases Since 2017
Odisha's Real Estate Regulatory Authority has registered 4,334 cases against 714 builders since 2017, with 1,028 cases still pending due to legal bottlenecks and procedural delays.
Odisha's Real Estate Regulatory Authority has registered 4,334 cases against 714 builders since 2017, with 1,028 cases still pending due to legal bottlenecks and procedural delays.
In a landmark ruling, Karnataka RERA has directed developers to provide Section 16 insurance documents to homeowners, emphasizing that compliance is mandatory, not optional, for protecting property investments.
The complete opening of the 82-km Namo Bharat rapid rail corridor and Meerut Metro is expected to further push real estate activity, with property prices already up 30-67% near stations. Prime Minister Narendra Modi will inaugurate the corridor on Februar
Maharashtra's RERA penalty recovery rate stands at only 34%, with Rs 792 crore pending. Minister Shambhuraje Desai directs officials to begin property attachment proceedings against defaulting builders.
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Indian cricketer Suryakumar Yadav's wife, Devisha Yadav, reportedly purchased a Rs 7.18 crore apartment in Godrej Sky Terraces, Deonar, marking their third property in the same complex.
M3M India's flagship Gurgaon International City Phase 1 sold out within three days, generating ₹2,000 crore in residential sales. The 150-acre forest-inspired development is part of a ₹7,200 crore project with major expressway connectivity.
Godrej Properties achieves historic sales of over Rs 2,000 crore in Phase 1 of Godrej Trilogy, selling nearly 100 homes in South Mumbai's Worli, driven by demand for exclusive addresses and sustainable luxury living.
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Nagpur Municipal Commissioner Abhijeet Chaudhari has approved a proposal to increase property tax rates by 10%, affecting thousands of property owners. The plan includes doubling auxiliary levies and revising tax slabs based on annual letting value.
Haryana RERA directs Parsvnath Developers to pay over Rs 77 lakh to a couple for a 3-year delay and lack of occupation certificate in a Golf Course Road project, upholding homebuyer rights under RERA Act.
Residents of Emaar Gomti Green in Lucknow staged a protest against Emaar India for allegedly selling their community clubhouse illegally. They raised concerns about security, noise from commercial activities, and unresolved civic problems.
The National Company Law Tribunal has dismissed an insolvency petition against Mahagun real estate firm after a settlement with IDBI Trusteeship, providing relief to homebuyers and boosting project completion efforts.
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RecommendedThe Lucknow Development Authority will launch the IT City housing scheme on Sultanpur Road on February 28, allotting 870 residential plots to 336 farmers through lottery. Plots range from 35 sq m to 288 sq m, with public registration to follow.
Financial independence and safety concerns are fueling a surge in women home buyers in Chennai, with 33% of bookings at a recent property fair made by women, generating 451 crore in sales.
Bengaluru's Transferable Development Rights market is set for a major digital transformation to streamline transactions and boost transparency after years of inactivity and regulatory hurdles.
Delhi Development Authority has approved revised transit-oriented development norms allowing greater height and density for properties near metro and RRTS stations, including unauthorised colonies.
Property tax arrears in Greater Hyderabad's three municipal corporations have exceeded ₹3,000 crore, surpassing current collections and targets, threatening city development projects.
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Berkshire Hathaway Vice-Chairman Ajit Jain has purchased a 7,400 sq ft luxury apartment at DLF The Camellias in Gurugram for approximately Rs 85 crore, highlighting the growing trend of ultra-high-net-worth individuals investing in secure, gated condomini
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GHR Trivana has been honored with the Realty Developer of the Year Villa Award for its GHR USM Developers project, recognizing excellence in villa development and innovation in the real estate sector.
Artificial intelligence is reshaping India's real estate sector, enhancing residential living with biometric lifts and wellness features, while optimizing commercial spaces through AI-driven design and cost savings.
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RecommendedReal estate developer BPTP has entered a joint development agreement for an 11-acre residential project in Surajkund, Faridabad, aiming to capitalize on the growing demand for housing in the region.
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Marathon Realty has launched The Nirvana Collection at Nexzone, marking the final premium phase of its Panvel township project. This development offers luxury residential units with modern amenities.
A comprehensive guide explaining sale deeds, their crucial role in property transactions, registration importance, and how they serve as primary proof of ownership in legal contexts.
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RecommendedExplore Birla House, the century-old Mumbai mansion where Yash Birla lives. This historic property, valued over ₹500 crore, blends heritage architecture with modern luxury while preserving India's freedom struggle memories.