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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Haryana RERA Orders Splendor Buildwell to Clear Investor Dues in 90 Days

**GURUGRAM:** The Haryana Real Estate Regulatory Authority (H-RERA) has instructed the developer of Spectrum One in Sector 58 to address outstanding assured returns and finalize property titles for investors Tripti Vohra and Amit Vohra. The directive mandates that pending dues be released within 90 days, along with interest. In a comprehensive order delivered on Dec 18, following a review that began on Nov 27, member Phool Singh Saini consolidated three complaints from the Vohra couple against Splendor Buildwell, citing delays in possession, cessation of assured returns, and non-execution of sales agreements. The nearly seven-acre project has been registered with RERA…

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MahaRERA’s Recovery Slow; Only 33% of ₹792 Crore Collected

PUNE: Recovery warrants issued by the Maharashtra Real Estate Regulatory Authority (MahaRERA) are being executed slowly across the state, with only one-third of the total amount owed to homebuyers being recovered to date. Recent official data indicates that out of Rs 791.55 crore due across 1,287 complaints, only Rs 262.68 crore has been recovered (approximately 33%). According to district-level data from MahaRERA, Mumbai suburban tops the list with Rs 351.75 crore due but has collected merely Rs 109.71 crore, with 479 complaints recorded. Mumbai city ranks second, recovering Rs 53.11 crore against Rs 104.14 crore from 47 complaints. Pune, also…

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Gujarat RERA Streamlines Grievance Resolution Process

AHMEDABAD: The Gujarat Real Estate Regulatory Authority (GujRERA) has introduced a new standard operating procedure (SOP) aimed at enhancing the grievance redressal process for property buyers and stakeholders. The updated SOP adopts a digital-first approach, bolstering the existing online mechanisms and clearly outlining procedural timelines and roles. Individuals purchasing property can now file complaints from the comfort of their homes using the GujRERA portal. While an offline option remains, online submissions are encouraged for swift resolutions. Upon submitting an online complaint, a physical copy must also be delivered to the RERA office within seven days, according to a state government…

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West Bengal REAT: GST Refund for Cancelled Flat Deals

KOLKATA: The West Bengal Real Estate Appellate Tribunal has ruled that a home buyer cannot reclaim GST from a developer after a property purchase deal has been terminated. Refund requests must be made directly to the GST authority. In this case, Malabika Bhoumic agreed to purchase a flat at Project ONE-10 on May 25, 2022, and made a partial payment of Rs 9,17,919 towards the total cost of Rs 88,26,140 for the 665 sq ft flat on the 15th floor. The agreement was terminated by the promoter, PS Group Realty Pvt Ltd, on June 16, 2023, due to non-payment of…

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21% of Builders Still Haven’t Filed Gujarat RERA Report

AHMEDABAD: Despite receiving an extension, only 79% of developers have submitted their annual financial reports for 2024-25, as reported by sources from GujRERA (Gujarat Real Estate Regulatory Authority). The authority has put in place a penalty system for developers who fail to adhere to the regulations. Historically, about 80% of developers complied with submitting this Form-5. GujRERA also actively pursues action against non-compliant developers. Each promoter is obligated to have their accounts audited within six months after the financial year ends for every registered project and must upload the annual report in Form-5 to their GujRERA webpage. This year, for…

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Homebuyers Push for Stronger Karnataka RERA Enforcement

BENGALURU: The Karnataka Home Buyers’ Forum has urged the state government to enforce Section 17 of the Real Estate (Regulation and Development) Act, 2016. This is aimed at safeguarding the interests of home buyers. According to Section 17, promoters must execute a registered conveyance deed for the allottee, including the undivided share of common areas, and provide physical possession of the respective apartment, plot, or building. Additionally, the common areas must be handed over to the apartment association or the competent authority upon project completion. In a comprehensive letter addressed to the Greater Bengaluru Authority and the Urban Development Department,…

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Odisha RERA to Hire Civil Engineers for Buyer Protection

BHUBANESWAR: The Odisha Real Estate Regulatory Authority (ORERA) has started the recruitment of a civil engineer to conduct in-depth evaluations of various real estate projects. This initiative aims to protect the interests of homebuyers and enhance transparency. According to ORERA, the ideal candidate should have prior experience in the role of executive engineer within the roads and buildings division of the works department or similar roles in government or registered private agencies. In its official announcement, ORERA noted, “The selected engineer will perform field inspections as required by the authority in cities like Bhubaneswar, Berhampur, Balasore, Sambalpur, Rourkela, and other…

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Bhopal Gives Way to Ujjain in Realty Projects: RERA Report

RAIPUR: There is a notable shift in major real estate projects within Madhya Pradesh, with many transitioning from the capital city Bhopal to Ujjain, the hometown of Chief Minister Mohan Yadav. Over the past two years, the number of real estate projects in Ujjain has doubled, and by 2024-25, Ujjain registered more building projects than Bhopal. Between 2000 and 2021, Indore was the leading city in real estate project registrations, while Bhopal held second place. However, in an unexpected turn of events, Ujjain climbed to the second spot in 2024-25, relegating Bhopal to third. Indore retained the top position. This…

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Odisha REAT Upholds ORERA Order on Builder’s OC and Common Areas

BHUBANESWAR: The Odisha Real Estate Appellate Tribunal (OREAT) has rejected an appeal from a local realtor, affirming an order from the Odisha Real Estate Regulatory Authority (ORERA) that mandates the developer acquire completion and occupancy certificates (OC) for a duplex project in Janla. Upon discovering violations by the builder, OREAT instructed the formation of an allottees’ association and the transfer of common areas and statutory documents to the property buyers within two months. The project comprises 41 duplex apartments. An OREAT panel asserted that the real estate company is the promoter of the entire development and cannot lessen its legal…

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Uttar Pradesh REAT Demands Builder’s Interest Payment for 45 Days

NOIDA: The Uttar Pradesh Real Estate Appellate Tribunal has mandated that the promoter of a residential cluster in Greater Noida’s Sector 27 must compensate homebuyers for delays and refund charges related to the township’s master club and golf course. The promoter is also required to execute a correction deed to rectify missing information from the registered tripartite sub-lease deed. The tribunal, consisting of Justice Suneet Kumar (chairman) and Rameshwar Singh (administrative member), issued this ruling while rejecting six appeals from AR Landcraft LLP, the promoter of the Godrej Crest residential cluster within the 100-acre Godrej Golf Links township, challenging a…