Tag: Karnataka Home Buyers

Latest StoriesResidential

Police Request Tenant Info from Bengaluru Apartments

Representative AI image BENGALURU: On December 14, the Kumbalgodu Police issued a notice requiring apartment residents’ welfare associations to compile and submit comprehensive information about tenants and individuals associated with their buildings, including those from other states and foreign nationals. The notice emphasized the need for associations to provide details regarding security agencies, the security personnel employed, and housekeeping services along with any associated workers. Furthermore, the police requested historical data on apartment residents’ welfare associations, including any penalties imposed on tenants and the rules governing these charges. Several flat owners voiced concerns, stating that some tenants and flat owners…

Latest StoriesRera

2,600+ Karnataka Real Estate Projects Expired: RERA Data

BENGALURU: The Karnataka Real Estate Authority (K-Rera) has commenced an investigation into various residential projects that have failed to meet their completion deadlines and have not submitted timely progress reports. According to K-Rera’s recent data, over 2,600 real estate projects are officially labeled as ‘expired’, while more than 2,700 are categorized as ‘lapsed’. Under RERA guidelines, a project is deemed expired when its registration period ends without the builder applying for an extension. It is classified as lapsed if it remains incomplete without a renewal request, invalidating the registration and potentially exposing the builder to penalties and regulatory actions. Out…