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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Tamil Nadu RERA Bans Flashy Real Estate Ads with New Rules

CHENNAI: Real estate listings claiming plots and homes just three kilometers from Kilambakkam and two kilometers from GST Road, complete with numerous amenities, have saturated social media and highway advertisements. However, following a recent decree from TNRERA (Tamil Nadu Real Estate Regulatory Authority), builders with vague or misleading advertisements may soon face penalties. With this initiative, TNRERA has delivered a clear message to the real estate sector: deceptive advertising practices will no longer be tolerated. The era of unchecked promotional tactics is coming to an end, granting buyers the transparency they deserve. TNRERA now requires that all real estate advertisements—whether…

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Gujarat RERA Warns on NBFC Funding for Construction Projects

AHMEDABAD: The Gujarat Real Estate Regulatory Authority (GujRERA) has identified significant issues in loan practices adopted by builders and non-banking finance companies (NBFCs) for project financing. These issues include the mortgaging of unsold inventories from other projects and the disbursement of loans without RERA registration. To safeguard buyers’ interests, the authority plans to address these concerns with the state finance department for escalation to the Reserve Bank of India (RBI). GujRERA emphasizes the necessity for a standardized operating procedure for real estate projects funded by NBFCs. Senior officials from GujRERA have noted that builders seeking funds frequently turn to NBFCs,…

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Developers Receive Gujarat RERA Notices for Pre-Registration

AHMEDABAD: The Gujarat Real Estate Regulatory Authority (GujRERA) has commenced issuing notices to developers who are marketing their projects and taking bookings prior to obtaining RERA registration, which violates the RERA Act. Sources report that GujRERA plans to launch a significant campaign against this practice statewide. The authority has also introduced new marketing regulations that will take effect on June 15. According to a source, “The authority has issued warnings to several developers who began promoting their projects and accepting bookings without registering them with RERA. This measure is aimed at ensuring customer safety. In addition to responding to public…

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Telangana RERA Launches Enforcement Wing for Swift Compliance

HYDERABAD: The Telangana Real Estate Regulatory Authority (TGRERA) is set to bolster the regulatory framework in the real estate sector by establishing its own enforcement mechanism for ensuring adherence to its orders. In response to ongoing delays by non-compliant builders and developers, TGRERA now enables district collectors to enforce the Revenue Recovery Act (RRA) and utilize specific civil court powers. This represents a significant transition from a passive regulatory approach to active enforcement. An executive director, likely from the revenue department, will lead the new enforcement unit, supported by a specialized team dedicated to executing TGRERA’s directives. “TGRERA is aligning…

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2,600+ Karnataka Real Estate Projects Expired: RERA Data

BENGALURU: The Karnataka Real Estate Authority (K-Rera) has commenced an investigation into various residential projects that have failed to meet their completion deadlines and have not submitted timely progress reports. According to K-Rera’s recent data, over 2,600 real estate projects are officially labeled as ‘expired’, while more than 2,700 are categorized as ‘lapsed’. Under RERA guidelines, a project is deemed expired when its registration period ends without the builder applying for an extension. It is classified as lapsed if it remains incomplete without a renewal request, invalidating the registration and potentially exposing the builder to penalties and regulatory actions. Out…

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RERA Orders Builder of Expressway Towers to Pay 11% Interest

GURUGRAM: The Haryana Real Estate Regulatory Authority (HRera) has instructed the developer of a high-rise condominium—a budget-friendly housing initiative in Sector 109—to compensate the buyer for delays in possession and to deliver the apartment as stipulated in the purchase agreement. The unit, number 908 in Tower 3 at Expressway Towers 109, was bought for ₹26.26 lakh nine years ago. The builder had promised timely delivery of the 644-square-foot flat, along with a 100-square-foot balcony, but failed to meet the four-year deadline from the allotment date of May 19, 2017. HRera (Gurgaon) ordered the builder to pay interest at an annual…

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Mumbai: No respite for six defaulter buyers in Chembur project

MUMBAI: MahaRERA has recently ruled against six flat purchasers, stating they are not entitled to relief under the Real Estate (Regulation and Development) Act due to payment defaults. Out of the six purchasers, five requested refunds to withdraw from a residential project in Chembur, while one wished to continue but asked for an extension on payment. Godrej Developers responded by terminating their bookings and attempting to forfeit the booking amounts. The allottees contested the forfeiture, seeking refunds under Section 18 of the RERA Act based on their desire to withdraw from the project. One complainant mentioned that due to the…

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MahaRERA Updates Project Certificate Format for Homebuyers

PUNE: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has updated its project registration certificates to better inform homebuyers and promote transparency. These revised certificates now present key project information in a clear and concise format. For the first time, the certificate issued during project registration will include essential details such as total built-up area, the number and names of buildings and wings, approved habitable floors, as well as the status of commencement certificates and total parking spaces available for vehicles. These crucial details, including the promoter’s and project’s name and address, are now formatted in bullet points for improved readability,…

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Odisha RERA Asks Developers to Update Project Info Online

BHUBANESWAR: To keep homebuyers informed, the Odisha Real Estate Regulatory Authority (ORERA) has mandated that all registered developers upload and regularly update information regarding their housing and plotting projects on the new ORERA 2.0 website. The newly launched website serves as a comprehensive platform for homebuyers, allowing them to easily access the latest information about the projects in which they have invested their money. In a letter sent to developers, ORERA requested that they update essential details of their projects, such as construction milestones, booking statuses of available units, and specifics about site engineers and architects involved. ORERA has also…