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Haryana RERA Awards Buyers Compensation for Gurugram Flat Delays

GURUGRAM: The Haryana Real Estate Regulatory Authority (HRERA) has ordered developers to pay a total compensation of Rs 41 lakh to buyers for delays in delivering an apartment in Sector 86. The apartment was booked in 2015, but possession was not offered until 2018. On February 11, the HRERA’s adjudicating officer directed developers Microtek Infrastructures Pvt Ltd and Deepanshu Projects Pvt Ltd to compensate the allottees, NRI Mridula Parti and her brother Partha Sarathi De, due to an eight-year delay in the delivery of their apartment in the Greenburg project. The compensation includes approximately Rs 40 lakh for loss of…

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Delhi RERA halts NBCC from taking action against Rajeshwari Realty

NEW DELHI: The Delhi Real Estate Regulatory Authority (RERA) has instructed NBCC Ltd. not to take any coercive actions against Rajeshwari Realty Pvt. Ltd. regarding outstanding electricity or maintenance payments while an appeal is pending before the Real Estate Appellate Tribunal (REAT). The directive was issued by a bench consisting of Chairperson Anand Kumar and Member Devesh Singh. During the hearing, both parties informed the Authority that NBCC has filed an appeal with REAT, but no stay has been granted thus far. The appeal is scheduled for hearing on March 9, 2026. Rajeshwari Realty’s counsel stated that NBCC issued a…

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Homebuyers Await Recovery Warrants Two Months After MahaRERA SOP

PUNE: Homebuyers seeking compensation from defaulting developers find themselves in a state of uncertainty, as execution of recovery warrants remains stalled despite the Maharashtra Real Estate Regulatory Authority (MahaRERA) implementing a new standard operating procedure (SOP) two months ago aimed at expediting the process. Among those affected are 80-year-old Arun Seth and his wife, who invested over Rs 50 lakh in a housing project back in 2014. Even though recovery warrants were issued in their favor years ago, local revenue authorities have yet to act. “Orders are issued, but nothing gets executed. It’s unclear if the developer still has any…

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States face CJI backlash over appointing retirees to RERA

BHUBANESWAR: Chief Justice of India Surya Kant delivered a stern critique to states regarding the performance of the Real Estate Regulatory Authorities (RERAs), stating that many have turned into “rehabilitation centres for retirees” rather than serving to protect homebuyers. The CJI urged states to “revisit and rethink the very purpose of constituting the RERA,” pointing out the disillusionment among those whom these institutions were intended to help. “The truth is that none of them are receiving any substantial relief,” he remarked, highlighting the need for immediate reforms. In Odisha, the Real Estate Regulatory Authority is entirely staffed by retired officials,…

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Bhuvanteza Infra Fined by Telangana RERA for Unauthorized Sales

HYDERABAD: The Telangana State Real Estate Regulatory Authority (TGRERA) has imposed a penalty of ₹43.7 lakh on Bhuvanteza Infra Project Private Limited, based in Banjara Hills, for unauthorized allotment of units in its ‘Tulasi Lake Front’ project located in Suraram, Medchal–Malkajgiri district. This decision was made on December 1, 2025, following two separate complaints by customers. The first complaint was lodged by Maheshwaram Padma, a resident of Chintal, Tirumalagiri. The Authority found that the company had violated statutory regulations by allotting a flat without proper legal entitlement, misrepresenting ownership, collecting amounts without authority, and engaging in unfair trade practices, violating…

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Telangana RERA Orders Promoters to Compensate Plot Buyers

HYDERABAD: The Telangana Real Estate Regulatory Authority (TGRERA) has mandated Apoorva Infra to reimburse buyers of plots in the “Swaminarayana Eco Township” in Undrugonda, Chivemla mandal, Suryapet district. The directive comes as the developer failed to complete the project. TGRERA issued its ruling on February 3 following three complaints. In two instances, the authority ordered the promoter to pay interest due to delays. In the third, it required a full refund along with interest. The developer cited the pandemic and legal disputes for the project delays. Refund mandated after cheque bounce In a complaint from D Shivannageshwar Rao of Suryapet,…

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Odisha RERA to Hold Weekly Meetings for Timely Project Registrations

BHUBANESWAR: The Odisha Real Estate Regulatory Authority (ORERA) plans to undertake visits to Chhattisgarh, Andhra Pradesh, and Telangana to study successful practices in the timely issuance of registration certificates for real estate projects. Additionally, ORERA will hold weekly meetings with its officials responsible for registration to discuss and resolve issues, ensuring that property registration certificates are granted within the mandated 30-day timeframe. This decision comes after ORERA received criticism for delays in issuing registration certificates, which are crucial documents affirming the authenticity of projects. The certificates are granted following a comprehensive review of land ownership and layout plans. While the…

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UP-RERA Delivers ₹2,040 Crore Relief, Resolves 11,300 Cases in 2025

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has successfully delivered ₹2,040 crore in relief to homebuyers through recovery actions, mutual settlements, and conciliation processes, addressing over 11,300 long-standing cases involving properties worth ₹5,920 crore by the end of 2025. A significant volume of complaints was submitted to UP-RERA benches under Section 31 of the RERA Act, mainly concerning delayed possession, refunds, and interest claims. Following hearings, recovery certificates (RCs) were issued against defaulting promoters, allowing district administrations to commence recovery procedures. Out of 6,018 RCs issued, ₹1,505 crore was recovered via legal enforcement and directly credited to…

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Delhi REAT Urges RERA to Resolve Builder Registrations in 30 Days

NEW DELHI: Delays in processing registration applications from builders and promoters have raised corruption concerns. Delhi’s real estate tribunal has instructed the Real Estate Regulatory Authority (RERA) to make decisions—either approve or deny—within 30 days of receiving applications. “The clear directive is that the Real Estate Regulatory Authority must address applications within 30 days of receipt, making decisions based on the merits. Protracted delays violate statutory timelines and can lead to accusations of corruption and malpractice, which can be mitigated by adhering to the law,” remarked the Real Estate Appellate Tribunal last week. The tribunal reviewed an appeal from the…

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MahaRERA Orders Refund with Interest for Kalpataru Yashodhan

MUMBAI: The MahaRera has instructed the promoters of the Kalpataru Yashodhan project in Andheri West to refund over Rs 1.40 crore, along with interest at SBI’s highest Marginal Cost of Lending Rate (MCLR) plus 2%, to a couple who booked a flat worth over Rs 7.12 crore. The couple paid a total of over Rs 1.46 crore in 2017, with possession promised by December 2018. The couple, Hina and Sanjay Choksi, represented by advocate Dharmendra Damani, argued that the promoters failed to provide possession within the stipulated time and forfeited the entire payment made by them in February 2020, despite…