Latest StoriesRera

Telangana RERA Penalizes Five Developers for Delays, Violations

HYDERABAD: The Telangana Real Estate Regulatory Authority (RERA) has recently imposed penalties on several real estate developers for infractions regarding the sale of villas, flats, and plots. The rulings were made between July 24 and 25, in response to complaints by dissatisfied consumers against five developers: Suvarnabhoomi Infra Developers Pvt Ltd (Banjara Hills), Maha Infra Developers (Kondapur), Edifice Projects Private Ltd (Jubilee Hills), 2getherments Infra Pvt Ltd, and Bhuvanteza Infraprojects Private Ltd. A complaint by B Suresh Goud and others against Suvarnabhoomi Infra and Maha Infra highlighted the failure to complete the Suvarna Sampada 2 project. Initial commitments required completion…

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Bombay HC Orders Maharashtra RERA to Reinstate Hybrid Hearings

MUMBAI: The Bombay High Court has ordered the Maharashtra Real Estate Regulatory Authority (MahaRera) to reinstate hybrid hearings within four weeks. This will allow parties to choose between physical or virtual appearances. “Access to justice includes the right to appear in person, not just virtual access,” stated Justices Revati Mohite Dere and Neela Gokhale. A petition filed by Mayur Desai requested the court to expedite the resolution of execution and non-compliance cases pending since March 2024 and to reinstate hybrid hearings, a practice in place before the Covid-19 pandemic. MahaRera’s attorney mentioned that parties wishing to attend in person could…

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Odisha RERA Establishes CDR Cell for Dispute Resolution

BHUBANESWAR: The Odisha Real Estate Regulatory Authority (ORERA) has announced the establishment of a Conciliation and Dispute Resolution (CDR) cell at its office. This CDR cell aims to serve as a platform for distressed homebuyers and promoters to resolve disputes amicably, minimizing the need for prolonged legal battles. ORERA attempted a similar initiative in January of last year, but it was not operational due to a lack of government approval. This time, following approval from the housing and urban development department, the CDR cell has been officially notified. “In line with Section 32 (g) of the Real Estate (Regulation and…

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Haryana RERA Orders Assotech to Refund ₹39 Lakh to Buyer

GURUGRAM: The Haryana Real Estate Regulatory Authority (HRera) has ordered Assotech Ltd to refund ₹38.5 lakh to a homebuyer for failing to deliver a flat in its Assotech Blith project located in Sector 99, Gurgaon. The complainant, Vineet Minocha, purchased a 3BHK unit (G-503) in 2012 for ₹1 crore, with possession promised by March 2016. Despite paying ₹38 lakh, the unit remained incomplete. The builder later requested consent to resell the unit, assuring a refund within two months, which was not fulfilled. HRera has now mandated the refund of the paid amount along with 11% interest. Minocha provided a consent…

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Telangana RERA Fines Roy All Diamond for Plot Fraud

Sure! Here’s a rewritten version of the provided content: HYDERABAD: The Telangana Real Estate Regulatory Authority (TGRERA) has levied a penalty of ₹4.5 lakh on Roy All Diamond Infra Developers for misrepresentation and unauthorized marketing of a residential plot. The authority found that the firm had taken ₹9 lakh from complainant Madikonda Mallesh despite not having any legal ownership or authorization over the property. Mallesh, a 40-year-old government employee from Mallapur, lodged a complaint after realizing that the plot he intended to buy in the undertaking ‘Kaasvi E-City’ did not actually belong to the developer. In his complaint, he reported…

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Odisha: Departments to Submit RERA Act Action Reports

BHUBANESWAR: The housing and urban development department is taking steps to enhance the Odisha Real Estate Regulatory Authority (ORERA). Specific tasks have been assigned to various government departments and agencies, along with deadlines for their completion. They have been asked to submit reports on their progress. In a communication to the agencies, Satish Chandra Singh, Joint Secretary of the housing and urban development department, noted that a high-level meeting, chaired by the Chief Secretary, was held on June 17 to address the implementation of the RERA Act of 2016. The Chief Secretary plans to hold another review meeting soon. Singh…

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Unified RERA Portal Expected by March to Track Developers and Projects

PUNE: Homebuyers will soon be able to monitor real estate projects and developers throughout India via a unified digital platform. The Union Ministry of Housing and Urban Affairs, in collaboration with the All India Forum of Real Estate Regulatory Authorities (AIFORERA), is working on a comprehensive RERA portal. AIFORERA officials informed TOI on Monday that this integrated IT platform, expected to launch by the end of March, will consolidate all state real estate regulatory authority (RERA) websites into a standardized format. This initiative aims to enhance navigation, improve transparency, and empower buyers to make informed decisions. “Currently, buyers must navigate…

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Telangana RERA Fines Realty Firm for Mokila Layout Violations

HYDERABAD: The Telangana Real Estate Regulatory Authority (TGRERA) has levied a fine of ₹38.5 lakh against a real estate firm for regulatory breaches and deviations from authorized plans at its villa project located in Westend Greens, Mokila, in Ranga Reddy district. The promoter was found guilty of violating Sections 11, 14, and 61 of the Real Estate (Regulation and Development) Act, 2016. TGRERA has ordered an immediate suspension of marketing or sale of villas until the project is officially registered with the authority. The complaint was jointly submitted by five Westend Greens residents: Tumpi Shome, Sailaja Nukala, Monika Singh R,…

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RERA to Manage Real Estate Registrations in Meghalaya

SHILLONG: The Real Estate Regulatory Authority (Rera) of Meghalaya will manage the registration of real estate projects, promoters, and agents, according to an official statement released on Friday. The Government of Meghalaya established Rera on February 18, 2020, under the Real Estate Regulation and Development Act, 2016, with the aim of fostering a transparent, accountable, and efficient real estate sector. RERA will ensure compliance with the provisions of the Act, implement an internal adjudicating mechanism for prompt resolution of disputes, and protect home buyers’ interests through regulatory oversight, as highlighted in the official statement. The authority consists of a full-time…

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Odisha RERA Reforms Boost Benefits for Buyers

BHUBANESWAR: In addition to the Apartment Ownership Act, the Odisha Real Estate Regulatory Authority (ORERA) has introduced significant reforms aimed at safeguarding the interests of homebuyers while transforming its operational framework amidst a burgeoning real estate market. A central change includes the integration of local enforcement units with ORERA, significantly boosting its capacity to enforce orders effectively. Moreover, these reforms go beyond just structural modifications. District collectors are mandated to incorporate RERA provisions into their monthly reviews and to report any illegal constructions. The housing and urban development department will coordinate with the revenue and disaster management department to ensure…