Tag: Karnataka RERA

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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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Karnataka: 4th in India for RERA Complaints with 12,772 Cases

BENGALURU: Karnataka is emerging as a dynamic player in the Indian real estate market, demonstrated by an active project pipeline and increased engagement from homebuyers within the grievance-redressal system. The number of complaints registered under the Real Estate (Regulation and Development) Act (RERA) highlights the growing disputes that often accompany new developments. According to the latest RERA report, released on March 9 and covering data from 2016 to 2026, Karnataka ranks fourth in the country for complaints, with a total of 12,772 cases filed and 10,322 resolved, reflecting an over 80% resolution rate, nearly matching the national average. Ramachandra CH,…

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Homebuyers in Bengaluru Face Legal Woes Over Illegal Mortgage

BENGALURU: The illegal or undisclosed mortgaging of land related to apartment projects is raising alarms in the city, putting homebuyers at risk of enduring legal battles and financial instability. One notable case on Anekal-Chandapura Road sees residents of a 384-flat complex struggling for ownership rights after the developer allegedly mortgaged the land and several units without informing the buyers. According to an advocate actively engaged in the matter, “Under property regulations, when apartments are sold, the land and common areas should be handed over to a cooperative society or an association of apartment owners. However, governance shortcomings and delays in…

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Karnataka RERA Targets Unregistered Projects, Highlights Gaps

BENGALURU: The Karnataka Real Estate Regulatory Authority (K-Rera) has ramped up its efforts to monitor unregistered developments, aiming to pinpoint violations, confirm project status, and take action against non-compliant promoters to protect homebuyers. Notices have been sent to validate project status and registration, uncovering that some were eventually registered. Data from K-Rera indicates that 765 complaints about unregistered projects have been lodged in Karnataka since 2021. Of these, orders were issued in 440 cases, while 325 remain at various stages of hearing and processing. Officials noted that a significant portion of complaints pertains to projects that either do not physically…

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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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Builders fined ₹25,000 for late quarterly reports: Karnataka RERA

Here’s a rewritten version of the content: BENGALURU: In an effort to safeguard homebuyer rights, the Karnataka Real Estate Regulatory Authority (K-Rera) has decided to enforce a penalty of ₹25,000 per quarter on promoters who fail to submit quarterly progress reports (QPRs) for the financial year 2025-26, as required by the Real Estate (Regulation and Development) Act, 2016. In a circular released on Tuesday, K-Rera reminded promoters that they are obligated to upload quarterly updates of their registered real estate projects on the K-Rera website within 15 days of each quarter’s conclusion. The authority stated that it has the authority…

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Karnataka RERA Orders Builder to Submit Mysuru Project Compliance Plan

BENGALURU: The Karnataka Real Estate Regulatory Authority (K-RERA) has instructed a builder from Haryana to provide a comprehensive compliance report and action plan within 30 days. This plan must detail the completed and outstanding amenities and infrastructure for the Astrum Grandview – Phase I project, aligned with approved plans, agreements, and representations made to buyers, supported by relevant documentation. In an order issued on December 31, 2025, the Authority responded to complaints from 19 homebuyers, requiring the builder to submit a schedule outlining when all pending amenities, common facilities, and statutory obligations will be fulfilled. The order cautioned that non-compliance…

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Karnataka RERA to Mandate Exact Parking Slot Details in Sale Agreements

BENGALURU: In response to homeowner complaints about vague and changing parking allocations, the Karnataka Real Estate Regulatory Authority (K-Rera) is moving to make it compulsory for builders to clearly outline the number, dimensions, type, and exact locations of parking spaces in both allotment letters and sale agreements. “We are currently finalizing these measures,” K-Rera chairman Rakesh Singh informed TOI. The authority is in discussions with Credai, the leading organization for private real-estate developers, and has consulted with representatives from major real-estate firms in the region. “Clearly identifying parking spaces in residential complexes ensures that buyers are well-informed about what they…

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Karnataka RERA Orders Builder to Refund with Interest

BENGALURU: Despite the actions taken by law enforcement and the Karnataka Real Estate Regulatory Authority (K-RERA), the issue of double sales continues to affect unsuspecting homebuyers. Many of these buyers are desperately seeking justice, with some hoping for relief from K-RERA, which has started issuing judgments that address prolonged complaints. In a ruling on December 22, 2025, the K-RERA addressed a complaint from Sudhir, a victim, ordering the respondents — Sri Vanishelters, LS Srinidhi, B Kenchappa Gowda, and G Vidyavathi — to reimburse Rs 32,94,816 with interest. The interest rate is based on the SBI’s marginal cost of funds-based lending…