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UP-RERA warns buyers on ‘assured returns’ schemes, ads

Representative AI image NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has issued a public advisory to homebuyers, cautioning them against deceptive promotional schemes such as “assured returns” and “fixed rental income before possession.” The authority stated that these offers lack legal validity. UP-RERA noted that many developers continue to promote schemes like subvention plans, pre-EMI payments until possession, buyback guarantees, and lease assurance models to lure buyers. Some developers also use flashy offers like free cars, gold coins, and international trips. Sanjay Bhoosreddy, chairman of UP-RERA, stated, “Homebuyers should be wary of promotional schemes like assured returns…

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Telangana RERA Launches Grievance and Guidance Cell

HYDERABAD: The Telangana Real Estate Regulatory Authority (TG-RERA) has established a Public Grievance and Guidance Cell aimed at improving stakeholder engagement and enhancing grievance resolution mechanisms across the state. Launched on Thursday at the Administrative Staff College of India in Hyderabad, this initiative aligns with national discussions and the Ministry of Housing and Urban Affairs’ recommendations for better grievance handling. “The PGGC is designed to bolster grievance redressal and enhance engagement among stakeholders in the real estate sector throughout the state,” TG-RERA Chairman N Satyanarayana stated in an official press release. The Cell will provide guidance to stakeholders regarding their…

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Bangalore body to pay ₹56L interest for Kempegowda delays

BENGALURU: The Karnataka Real Estate Regulatory Authority (K-Rera) has instructed the Bangalore Development Authority (BDA) to pay ₹56 lakh in interest to complainant Mridula Krishnapur for delays in providing basic amenities at the Nadaprabhu Kempegowda Layout (NPKL). This decision marks a significant setback for the BDA, whose NPKL project was previously flagged as lapsed by K-Rera last year. The authority also determined that BDA qualifies as a ‘promoter’ under the Rera Act, holding it accountable for any delays and inadequacies. Mridula had purchased a site in the 8th Block of Sector-B of NPKL in Kengeri hobli for ₹96.9 lakh under…

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Karnataka RERA Resolves Complaints on Kempegowda Layout Issues

BENGALURU: The Nadaprabhu Kempegowda Layout (NKPL) project has once again come under scrutiny from Karnataka Rera, as several allottees have lodged complaints against the BDA regarding delays in unit handovers. Unfortunately, these complaints were dismissed due to inadequate documentation. The situation arose when allottees requested refunds along with interest. Upon reviewing the claims, the authority noted that crucial documents—such as sale agreements, construction agreements, payment receipts, and account statements—were missing from the submissions. The authority emphasized the need for a thorough examination of contractual terms, payment records, commitments timelines, and any breaches. Without these documents, it cannot ascertain the exact…

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Gurugram: Vatika Ordered to Pay ₹62 Lakh for Delayed Plot Handover

GURUGRAM: The Haryana Real Estate Regulatory Authority (HRera) has mandated realtor Vatika Ltd to pay Rs 62.4 lakh in compensation to a couple after it failed to deliver a residential plot on time, according to an order dated April 7, 2026. Homebuyers Vinay Kumar and Shalini Kumari purchased a 240 square yard plot in the developer’s ‘Vatika India Next’ project in Sector 85 back in 2010. The agreed purchase price was Rs 62.7 lakh, with possession promised by July 27, 2013. The authority discovered that the assigned plot was not included in the approved layout, and no development had occurred…

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Jharkhand RERA Fines 77 Builders ₹83.5 Lakh for Report Delays

RANCHI: The Jharkhand Real Estate Regulatory Authority (JRERA) levied a cumulative fine of Rs 83,50,000 against 77 builders on Friday due to their failure to submit required quarterly progress reports (QPR) and non-compliance with court summons. JRERA Chairman Birendra Bhushan warned of more stringent actions, stating, “The defaulters did not show up in court today, leading to these penalties. If they do not settle their dues, their bank accounts will be frozen.” This enforcement is part of a broader initiative by the regulator. Recently, notices were issued to 106 builders for breaching transparency regulations. Two developers have settled their fines,…

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Haryana RERA Gurugram Bench Resolves All Cases by 2024

NEW DELHI: The Haryana Real Estate Regulatory Authority (HRERA), Gurugram bench, has successfully cleared all pending complaints filed up to 2024, eliminating a backlog of over 2,100 cases, as stated in an official release. As of March 31, 2025, there were 2,174 pending cases, including complaints dating back to 2018. These have now been resolved, leaving only cases filed in 2025 and later for review. The caseload included 1,060 cases from 2024, 654 from 2023, and 333 from 2022, with fewer complaints from earlier years. During 2025, the authority resolved 5,024 complaints, providing relief measures such as refunds or compensation…

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Haryana RERA Orders Chintels India to Pay ₹4 Crore for Unsafe Project

GURUGRAM: The Haryana Rera has mandated that Chintels India pay over ₹4 crore to a homebuyer from Chintels Paradiso, holding them accountable for significant construction flaws that rendered the project unsafe, as reported by Rao Jaswant Singh. This decision follows multiple inspections after the tragic collapse of Tower D on February 10, 2022, which resulted in the deaths of two residents and revealed serious structural deficiencies throughout the complex. The complaint was lodged by Aruna Garg, a resident of Delhi, who purchased a 4BHK flat in Tower C for over ₹1.8 crore, exceeding the original sale price. After taking possession…

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Sunrays Heights Faces Haryana RERA over Buyer Payment Defaults

GURUGRAM: A developer has filed a complaint with the Haryana Real Estate Regulatory Authority (H-Rera) against its homebuyers, citing unpaid installments amounting to lakhs. The developer seeks recovery with 15% annual interest as well as additional compensation. However, Rera dismissed the complaint, stating that the promoter cannot use the authority to seek relief beyond what is specified in the builder-buyer agreement. M/s Sunrays Heights Pvt Ltd, the promoter behind the “63, Golf Drive” project in Sector 63-A, has lodged complaints against multiple buyers, including Rahul Parashar, Prakriti Ranjan Samanta, and Promila. These individuals signed builder-buyer agreements in February 2016 for…