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Karnataka RERA Warns Builders About Project Updates

BENGALURU: In a significant move to protect homebuyer rights and promote compliance, the Karnataka Real Estate Regulatory Authority (K-RERA) has taken action against 155 promoters in the state for failing to submit their required quarterly reports. This crackdown serves as a stern warning to builders who do not provide timely updates on their projects. Promoters who do not comply may face penalties of up to 5% of the total estimated project cost along with Rs 25,000 for each quarter missed. However, the 155 builders have not yet been officially labeled as defaulters. A K-RERA officer stated, “If they do not…

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Telangana RERA Cautions Developers on Pre-Launch Ads

HYDERABAD: The Telangana Real Estate Regulatory Authority (TG-RERA) has issued a warning to promoters, developers, real estate agents, and advertising channels regarding misleading pre-launch advertisements targeted at homebuyers, which lack valid TG-RERA registration. The authority stressed that enticing buyers or soliciting investments before obtaining formal registration is a direct violation of the Act. According to the Real Estate (Regulation and Development) Act, 2016, all real estate projects exceeding 500 sq m and apartments with more than eight units must be registered with TG-RERA. Developers can only advertise, market, or sell units after the Authority has thoroughly examined the project details…

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Rajasthan RERA: Banks can’t claim rights on allotted flats

JAIPUR: In a landmark ruling aimed at safeguarding homebuyers, the Rajasthan Real Estate Regulatory Authority (RERA) has determined that banks and financial institutions cannot assert claims over apartments booked to buyers prior to the establishment of a loan. The authority further stated that RERA proceedings may proceed against builders’ directors and landowners, even amidst insolvency proceedings under the Insolvency and Bankruptcy Code (IBC). This decision was made by Rajasthan RERA chairperson Veenu Gupta on February 19 and was published on Saturday, relating to the Avalon Royal Park housing project located in Bhiwadi. The project, initiated in 2012 by M/s G…

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Over 900 Jharkhand builders miss quarterly report deadline

RANCHI: The Jharkhand Real Estate Regulatory Authority (JRERA) is set to issue notices to 904 builders statewide for neglecting to submit required quarterly construction and financial progress reports. Developers involved in residential projects with over eight flats are mandated to register with JRERA and provide detailed quarterly updates on construction status, financial health, and project progress. These disclosures aim to promote transparency and accountability in the real estate industry. Data from JRERA indicates that by December 2025, 1,711 projects were recorded with the authority throughout Jharkhand. However, over 50% of these projects did not submit their quarterly progress reports for…

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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,…