The introduction of the Detailed Business Information Statement (DBIS) by the REIT Association enhances transparency and accountability in the REIT sector, providing investors with comprehensive insights into financial and operational aspects.
The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has established a division bench in Lucknow, led by Sanjay Bhoosreddy, to handle complaints involving multiple allottees, associations, and cross-complaints by promoters.
The Greater Visakhapatnam Municipal Corporation (GVMC) is enhancing revenue by targeting unassessed and underassessed properties, significantly boosting property tax collections.
The GST Council's 54th meeting introduced the Reverse Charge Mechanism (RCM) for commercial property rentals, shifting GST liability from landlords to tenants to prevent revenue loss.
The Supreme Court of India has mandated the Agra Development Authority to compensate Dharmendra Sharma ₹15 lakh due to its failure to provide essential Completion Certificates and fire safety clearances for a flat.
Credai Bengaluru's memorandum to the Karnataka government proposes key reforms like a single window clearance system, streamlined plan approvals, and lower stamp duty rates to improve real estate development efficiency.
Downloading the certificate involves accessing your state’s RERA website, logging in, and retrieving the document, which verifies project legitimacy and adherence to regulatory standards.
Investing in Indian real estate requires understanding key RERA regulations to ensure transparency and protect buyers' interests. These 10 essential rules help buyers make informed decisions and safeguard their investments.
Noida's recent amendments to building by-laws, allowing taller structures, promise to reshape the city's skyline and address rising demand for space amid its expanding population.
Maintaining RERA compliance is crucial for real estate agents in Delhi, requiring timely re-validation and renewal of their registration certificates.
Karnataka's 'Anywhere Registration' system, starting September 2, 2024, will streamline property transactions by allowing registrations at any location in the state.
Indian property law, deeply rooted in historical and cultural contexts, governs the ownership, transfer, and inheritance of property through key statutes like the Transfer of Property Act and RERA.
The FPCE has raised concerns about MahaRERA's new Conciliation Forum, arguing that it exceeds legal authority and may favor builders over consumers due to imbalanced representation.
Builders' Association of India (BAI) is a prominent organization formed to promote healthy competition among builders.
MahaRERA has introduced a mandatory Quality Assurance Certificate for developers, aimed at elevating construction standards and enhancing transparency in the real estate sector.
UP RERA has warned promoters of around 400 real estate projects for failing to upload essential land records and maps, potentially placing these projects on an abeyance list to ensure transparency and protect homebuyers.
The BBMP has been granted the authority to attach bank accounts of property tax defaulters under the new 2024 rules, marking a significant shift in Bengaluru's tax recovery strategy.
The RBI has introduced tighter regulations for Housing Finance Companies (HFCs), aligning them with Non-Banking Financial Companies (NBFCs) to enhance financial stability.
BBMP's new PG regulations aim to improve safety and living conditions, but residents are calling for stricter fire safety measures and better enforcement to address ongoing concerns.
The Bombay High Court upheld Maya Alagh's right to pay a rent of ₹805 per month for her Malabar Hill apartment, highlighting the ongoing complexities of India's rent control laws. This
Over 50,000 Real Estate Cases Pending in Consumer Courts, Reveals Government Data
4,165 Candidates Successfully Pass Real Estate Agents Exam, MahaRERA Declares
UP RERA Implements Mandatory Training and Certification for Real Estate Agents
MahaRERA Mandates Delivery Date for Amenities and Occupation Certificate
The Chennai Metropolitan Development Authority (CMDA) To Introduce Deemed NOCs for High-Rise Buildings
The RERA Numbers: Key Insights and Registration Stats Across India
The Ongoing Cycle of Demolition and Reconstruction of Farmhouses in Raisina,Gurugram
Bihar Implements Comprehensive Safety Regulations for Lifts and Escalators
The Raipur Municipal Corporation (RMC) has directed all real estate developers to construct at least 50 rainwater harvesting pits using innovative technologies in their respective townships.
Major Advances in India's Real Estate Sector Through RERA: Insights from the Economic Survey 2023-24
Maharashtra Government Relaxes Open Space Requirements for Glass Facade Buildings
Uttar Pradesh RERA Introduces QR Code System for Real Estate Projects to Enhance Transparency
Maharashtra Government Reduces Penalty for Stamp Duty Underpayment: Essential Details for Homebuyers
Builder Ordered to Pay Homebuyer ₹1.1 Lakh for Delay in Possession By Chandigarh State Consumer Disputes Redressal Commission
UP-RERA Directs Authorities to Refrain from Issuing Temporary Occupancy Certificates
SEBI Seeks Public Input on Proposed Amendments to REIT and InvIT Rules
Delhi High Court Issues Notice in Yuvraj Singh's Plea for Sole Arbitrator
Haryana RERA Imposes 5 Crore Penalty on Vatika Limited for Registration Delay
Supreme Court Calls for Uniformity in Builder-Buyer Agreements to Protect Home Buyers
MahaRERA Fines Over 600 Housing Projects for Non-Compliance Of Displaying Registration Numbers
GujRERA Freezes 1,000 Builders’ Accounts for Non-Compliance
Haryana Government Approves Construction of Stilt and Four Floors in Few Specific Residential Sectors
Rajasthan Government Establishes New Committee for Impartial Probe into Single Lease Cases
MahaRERA Directs Real Estate Developers to Maintain Three Bank Accounts for Every Project to Safeguard Buyers’ Interests
C.M. Yogi Adityanath Calls for Building Bye-law Reforms to Boost Hotel Industry in Uttar Pradesh
Developers of 195 Projects Set Up Grievance Redressal Cells to Handle Homebuyers' Complaints; MahaRERA Review
UPRERA To Accept Only Written Complaints From Homebuyers
Standardized Possession Letter Format Introduced by UP RERA For Transparency and Clarity in Real Estate Transactions
MahaRERA Suspends Registration of 1,750 Lapsed Real Estate Projects in Maharashtra
Revocation of Registration Under RERA Act, 2016: A Detailed Overview
Learn the importance of verifying RERA registration for real estate projects and agents to ensure legal protection, transparency, and financial security when buying a home.
MahaRERA's recent order mandates that developers specify the size, type, and location of parking spaces in allotment letters, ensuring transparency and legal protection for homebuyers.
The Karnataka Real Estate Regulatory Authority (KRERA) has ordered the owners' association to take over and complete the delayed Commune One project in Bangalore after the developer and financier violated regulatory orders.
MahaRERA has suspended 20,000 real estate agents in Maharashtra for not meeting competency certification requirements.
MahaRERA's three-level scrutiny process is a comprehensive review system designed to safeguard the interests of homebuyers and enhance the credibility of housing projects.
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has drafted minimum physical specifications for retirement homes and senior citizen housing projects.
MahaRERA introduces a draft regulation mandating self-certification for real estate projects, focusing on structural integrity, material quality, and fire safety.
The Greater Noida Authority has warned developers to complete flat registries promptly or face consequences.
Conciliation forums established under UP RERA play a crucial role in resolving property disputes and ensuring fairness in the real estate industry.
The Shimla Municipal Corporation has extended the property tax payment deadline to July 15th, 2024, addressing administrative hurdles amid staffing shortages.
In the dynamic realm of real estate development in India, the concept of force majeure emerges as a pivotal legal principle, profoundly influencing contractual agreements and project timelines.
MahaRERA's innovative use of QR codes in the real estate sector of Maharashtra is a game-changer, providing easy access to crucial project details for homebuyers and stakeholders.
Discover the significance of Encumbrance Certificates (ECs) in real estate transactions, understanding their role in verifying property ownership and legal obligations.
Dive into the legal intricacies of addressing stalled real estate projects under RERA.
Discover the critical implications of neglecting Quarterly Progress Reports in the fast-paced world of real estate development.
In March 2024, the Greater Noida Industrial Development Authority (GNIDA) completed registries for 1,366 flats across 16 housing projects, following recommendations from the Amitabh Kant committee.
Discover the significance of Title Verification in real estate transactions to ensure a clear and marketable property title. Navigate the complexities of chain of title, encumbrances, and legal considerations.
Explore the comprehensive guide distinguishing between home insurance and home warranty for first-time homebuyers.
Unlock the secrets of successful commercial real estate transactions with our comprehensive guide
Explore the revolutionary impact of MahaRERA's recent introduction of a three-level scrutiny for housing project registrations.
Explore the intricacies of property transactions and legal inheritance through this guide on Relinquishment Deeds.
Unlock the path to homeownership with this comprehensive financial roadmap for first-time buyers. Learn how to boost your credit score, set a realistic budget,
Crucial legal tips for first-time property buyers in India, covering aspects such as engaging a real estate lawyer, conducting thorough due diligence, reviewing sale agreements etc.
This comprehensive guide explores key facets of tenancy laws in India, with a focus on the Model Tenancy Act 2021.
MahaRERA has issued a groundbreaking mandate—promoters must secure a single registration number for each standalone project.
Unlocking RERA: Empowering Homebuyers with Rights, Duties, and Transparency in Indian Real Estate
This guide provides step-by-step instructions on filing complaints in RERA Uttar Pradesh, ensuring transparency, accountability, and swift dispute resolution.
Real estate agents play a vital role in the real estate sector, connecting property buyers and developers and facilitating most transactions. The Real Estate (Regulation and Development) Act of 2016 recognizes them as key stakeholders, alongside buyers and developers.
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has taken a pioneering step by introducing draft model guidelines to regulate retirement homes in the state, aiming to address issues like misleading advertisements and inadequate facilities for the elderly. These guidelines, aligning with the Ministry of Housing and Urban Affairs (MoHUA) 2019 model, focus on enhancing the living conditions in retirement homes through provisions on building design, accessibility, and safety measures. Key features include mandatory elevators with audio-visual aids, wheelchair-friendly infrastructure, safety measures such as gas leak detection systems, and emergency power backup. MahaRERA's initiative not only seeks to improve the standard of living for seniors in Maharashtra but also sets a precedent for similar regulations across India, promoting a dignified and secure living environment for senior citizens. Public suggestions are invited until February 29th to further refine these guidelines.
