Category: Rera

Get focused news on RERA regulations, builder compliances, consumer protection, and implementation updates across Indian states. Stay informed about changes that ensure transparency and protect property buyers.

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Bengaluru Flat Buyers Win Interest Payout After Decade-long Wait

BENGALURU: In a significant win for homebuyers, the Karnataka Real Estate Appellate Tribunal (KREAT) has mandated a local builder to pay interest on a refunded amount of ₹34.4 lakh to a family that waited nine years for possession of a flat, which was never delivered along with a registered sale deed. Although the Karnataka Real Estate Regulatory Authority (RERA) ordered a refund in 2023, it did not include interest. However, the tribunal, on July 25, 2025, acknowledged the complainants’ entitlement to interest under RERA. The issue began in September 2013 when K. Kiran Sarat and Subhagya S. Kumar, residents of…

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MahaRERA to issue warrants in ₹90 crore Palais Royale case

MUMBAI: The MahaRERA adjudicating officer has issued four warrants aimed at recovering approximately ₹90 crore in interest from Honest Shelters Pvt Ltd, the current promoters of the Palais Royale project in Worli. The warrants pertain to four flats in the project, following an application from IIFL Finance Ltd regarding non-compliance with a January 16 directive. The officer also issued warrants for delayed possession concerning three additional flats associated with IIFL in the same development. The adjudicating officer, Ashok Alaspurkar, issued the orders on various dates, including August 4, July 28, and July 27, to recover different interest amounts related to…

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Kerala RERA Lets Flat Owners Take Over Under-Construction Units

KOCHI: In a groundbreaking ruling, the Kerala Real Estate Regulatory Authority (K-RERA) has permitted a flat allottees association to assume control of an under-construction apartment complex from its developer. K-RERA exercised its special authority under the Real Estate Regulation and Development Act, 2016, to facilitate the takeover of the nine-storey apartment complex located in Angamaly. The registered association, MIR CINTRA, approached K-RERA after the promoter, MIR Builders and Developers Pvt Ltd, failed to deliver the flats to the allottees. The association highlighted that despite collecting ₹15.06 crore from them, the developer had not even completed the structural work of the…

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Telangana RERA Fines Googee Properties for Unregistered Sales

HYDERABAD: The Telangana Real Estate Regulatory Authority has fined Googee Properties Pvt. Ltd. ₹27 lakh for promoting and selling plots in their ‘satellite township’ at Nomula village in Ibrahimpatnam mandal, Rangareddy district, without the necessary project registrations or layout approvals. Following complaints from Sumalatha Kamireddy and others, TG RERA determined that the developer accepted significant advances from 12 buyers under a “pre-launch offer,” despite not having the proper statutory clearances. The Authority mandated that all sales and marketing efforts cease until the project obtains the required registration. Each complainant had reserved a residential plot of approximately 200 square yards through…

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Karnataka RERA: Builders, Landowners Share Civic Liability

In a notable ruling with significant implications for joint development residential projects, the Karnataka Real Estate Regulatory Authority (K-RERA) has determined that builders and landowners share joint responsibility for providing essential civic amenities, including water and sewage connections, to homebuyers. The decision, made on July 30 by a K-RERA panel led by Chairman Rakesh Singh and Member J R Reddy, arose from a complaint filed by 30 residents, including L. Arun, against Adi Developers. The case pertained to the Adi North Lake project in Agrahara village, Bengaluru North taluk, developed under a joint development agreement (JDA) between Adi Developers and…

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Haryana RERA Directs Builder to Refund Cash, Alerts I-T Dept.

CHANDIGARH: In an effort to combat black money in the real estate sector, the Real Estate Regulatory Authority (Rera) Haryana has started referring cases involving cash transactions exceeding Rs 2 lakh to the income tax department for further investigation. Recently, the Panchkula bench of Rera Haryana mandated a realtor to reimburse Rs 10 lakh received in cash from a buyer for a flat in Panipat, plus Rs 7.73 lakh in interest at an annual rate of 10.9%. The buyer, Jasvir Singh from Panipat district, lodged a complaint against Real Heights Developers, substantiating his claim with comprehensive financial records and a…

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West Bengal Orders Developer to Buy Back CC-less Flat After 20 Years

KOLKATA: The West Bengal Real Estate Appellate Tribunal (WBREAT) has instructed a developer to repurchase a flat he sold two decades prior. The occupant, Sibsankar Koley, resided in the flat for 19 years but could not finalize the mutation due to the developer’s failure to secure the completion certificate (CC) from the local authorities. Promoter Satchidananda Mitra of Sona Enterprise has been ordered to refund not only the purchase amount of the flat but also the stamp duty and registration fees incurred by Koley. Koley purchased the flat on Nagendra Nath Road in Nagerbazar in 2006, but he was unable…

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Telangana RERA Fines Haris Pranava Builders & Kapstone Properties

HYDERABAD: The Telangana Real Estate Development Authority (TGRERA) has imposed penalties on a builder and a realty developer due to various violations. In the first case, TGRERA fined Haris Pranava Builders of Madhapur ₹7.6 lakh following a complaint from the Pranava Elite Association, Miyapur. The association, composed of flat owners in the Pranava Elite Residential Building, claimed that the builder breached several conditions outlined in the approved plan and neglected to deliver essential amenities. The project, which received approval for one stilt and five upper floors in 2019, was reported to have multiple discrepancies in construction and a deficiency of…

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Haryana RERA Issues Notice to Ramprastha Developers

GURUGRAM: The Real Estate Regulatory Authority (HRera) has issued a show-cause notice to Ramprastha Promoters & Developers Pvt Ltd, demanding compliance with pending orders or face civil imprisonment. This action follows the recent arrest of the company’s directors, Arvind Walia and Sandeep Yadav, by the Enforcement Directorate (ED) in connection with a ₹1,100-crore money laundering case involving over 2,000 defrauded homebuyers. The notice states: “Show cause as to why you, being promoters, should not be detained in civil prison under Section 40(1) of the Real Estate (Regulation and Development) Act, 2016, for a term not exceeding three months for failing…

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Haryana RERA Fines Shine Buildcon for 4-Year Handover Delay

GURUGRAM: The Haryana Real Estate Regulatory Authority (HRERA) has mandated that a real estate company pay an annual interest of 11.1% to a complainant due to a delay exceeding four years in the delivery of a commercial unit in its Sector 70 venture, ‘70 Grandwalk’. The complaint, lodged under Section 31 of the RERA Act, was resolved on July 24 by HRERA (Gurgaon). The authority specified that the interest must be disbursed within 90 days of the order’s date. Additionally, Shine Buildcon Pvt Ltd has been ordered to transfer possession within 30 days upon the complainant settling dues and to…