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110+ Developers Receive Odisha RERA Notices for Missing Reports

BHUBANESWAR: The Odisha Real Estate Regulatory Authority (Orera) has issued show-cause notices to 113 developers due to their failure to submit mandatory quarterly progress reports (QPRs). As mandated by the Real Estate (Regulation and Development) Act, 2016, all registered promoters are required to submit QPRs, detailing the current status of their projects, including construction timelines and financial information such as funds received from allottees and their usage. Orera warns that non-compliance with the Act and its provisions—such as not updating QPR data on project websites—could lead to penalties of up to 5% of the project’s estimated cost. Developers who do…

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UP-RERA Directs Banks to Implement New Real Estate Account Norms

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has urged banks and financial institutions to adhere to the updated banking regulations and operational guidelines for accounts related to RERA-registered real estate projects. The authority conducted an awareness meeting with nationalized and scheduled banks at the Bank of Baroda’s regional office in Lucknow to discuss the revised project account directives issued on May 11, 2026. According to the new regulations, each RERA-registered project must maintain three distinct bank accounts: a collection account, a separate account, and a transaction account. At least 70% of the funds collected from homebuyers must…

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Telangana RERA Chairman N Satyanarayana Resigns for Health Reasons

HYDERABAD: N Satyanarayana, Chairman of the Telangana Real Estate Regulatory Authority, has stepped down due to health issues stemming from prolonged bench hearings and administrative duties. He reported that daily hearings lasting up to five hours have led to severe back pain and other health complications, necessitating ongoing physiotherapy and medical care in recent weeks. “While resigning is difficult, it is necessary for my health,” Satyanarayana told PTI, calling his role as TG-RERA Chairman one of the most demanding yet rewarding experiences of his four-decade public service career. Throughout his three years in office, the retired IAS officer noted that…

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UP-RERA Approves 13 Projects Worth ₹3,052 Crore for Buyers

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has approved 13 real estate projects, cumulatively estimated at ₹3,052.73 crore, across eight districts in the state. The projects, approved during the authority’s 202nd meeting, will include a total of 4,772 residential and commercial units. Notably, Ghaziabad received the highest number of approvals, with four projects amounting to ₹1,936.72 crore. This includes three commercial developments and one residential project, totaling 2,199 units. In Gautam Buddh Nagar, one commercial project was approved with an estimated investment of ₹420.50 crore, which will consist of 855 commercial units. Agra saw the approval of…

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Only 5 RERA-Registered JDAs Include Non-Agriculturist Partners

SHIMLA: The Himachal Pradesh Real Estate Regulatory Authority (HPRERA) has clarified that of the 17 real estate projects registered under Joint Development Agreements (JDAs) since 2020, only five involve non-agriculturist partners. This statement comes amid ongoing accusations regarding violations of Section 118 of the Himachal Pradesh Tenancy and Land Reforms Act related to housing initiatives throughout the state. Chairperson RD Dhiman provided this clarification in response to inquiries from the Housing Department about projects executed under JDAs. “A total of 17 projects have been registered since 2020 under JDAs. For 12 of these projects, the JDA partners are agriculturists, while…

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Experts and Homebuyers Embrace RERA Act Jail Term Change

BHUBANESWAR: Real estate professionals and homebuyers in Odisha have expressed approval of the Central government’s decision to replace imprisonment for non-compliance with tribunal orders under the Real Estate (Regulation and Development) Act, 2016 (RERA) with monetary fines. Legal and real estate specialists have described this change as part of a larger initiative to decriminalize business regulations and alleviate the pressures on courts. “This amendment aligns RERA with the government’s broader goal of easing the legal landscape for minor offenses, facilitating a better living and business environment,” stated real estate expert Bimalendu Pradhan. On May 7, the Ministry of Housing and…

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Himachal Chief Secretary Demands RERA Report in 15 Days

SHIMLA: Himachal Pradesh Chief Secretary Sanjay Gupta has instructed the State Vigilance and Anti-Corruption Bureau to retrieve all pertinent documents related to Joint Development Agreement real estate projects overseen by the state’s Real Estate Regulatory Authority (RERA). Both agencies have been given a deadline of 15 days to provide the required details. This directive aims to investigate potential violations of Section 118 of the Himachal Pradesh Tenancy and Land Reforms Act, 1972. The Chief Secretary has communicated this in a letter to the Director General of Vigilance. Reports suggest possible irregularities in land agreements involving local farmers and non-agriculturists. The…

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Haryana RERA Takes Action Against Nitara Projects for Non-Registration

NEW DELHI: The Haryana Real Estate Regulatory Authority (HARERA), based in Gurugram, has launched suo motu proceedings against Nitara Projects for purported violations of the Real Estate (Regulation and Development) Act, 2016. The authority acted under Section 35 of the Act upon noticing that the promoter was allegedly involved in the development, marketing, and sale of residential floors without obtaining the necessary project registration as mandated by Section 3(1) of the Act. HARERA indicated that the promotional materials and advertisements from the company failed to include essential information, such as the RERA registration number, the authority’s website, and the Department…

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UP-RERA Launches Online Complaints for Excess Transfer Fees

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has introduced an online system for registering complaints against promoters and developers who demand transfer fees exceeding the allowed limits during the allotment transfer process. Homebuyers and allottees can submit complaints using Form-M on the UP-RERA portal, a feature that became available following the implementation of the 10th amendment to the UP-RERA General Regulations, 2019. According to the revised Regulation 47(c), promoters are prohibited from creating new or amended agreements for sale or lease with the assignee or successor-in-interest. Transfers must be documented via an endorsement in the original agreement,…

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Karnataka-RERA: Builders and Landowners Share Delay Responsibility

BENGALURU: The Karnataka Real Estate Regulatory Authority (K-RERA) has clarified that both landowners and promoters bear equal responsibility, classifying them as promoters under Section 2(zk) of the RERA Act, 2016. In a case related to a complaint filed by BS Susheela Ramamurthy, a landowner from Dodda Kallasandra village in Bengaluru South taluk, K-RERA concluded that the complainant could not seek relief from the promoter. “We believe that further discussion is unnecessary since the complaint is not maintainable. Therefore, this complaint should be dismissed,” the RERA order states. According to Section 2(zk) of the RERA Act, 2016, a promoter is defined…