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The Supreme Court of India criticised the functioning of Real Estate Regulatory Authority, saying it was high time governments revisited RERA’s role. The court stayed the Himachal Pradesh High Court order blocking the office shift from Shimla to Dharamsala

The Supreme Court criticised real estate regulatory authorities, saying they mainly aid defaulting builders and fail homebuyers. Allowing Himachal Pradesh to shift its RERA office, the court urged states to rethink the institution’s functioning

The Enforcement Directorate has filed a supplementary prosecution complaint against former directors of Sahiti Infratec Ventures India Private Limited in a money laundering case, alleging that over 700 homebuyers were cheated of nearly Rs 360 crore through stalled housing projects

CREDAI Hyderabad’s annual property show will be held from August 15 to 17 at Hitex. Featuring only RERA-approved projects, the expo promises a range of apartments, villas, and commercial spaces amid continued market growth and investor confidence in Hyderabad.

Industries Minister Sridhar Babu said Telangana’s construction sector grew 11.97% in FY 2024–25, contributing Rs.80,000 crore. He dismissed slowdown claims, citing RERA registrations and a 58% surge in high-value home sales as indicators of robust real estate growth

The Authority decision came in the wake of complainants submitting that they entered into un-registered Agreements of Sale with the two respondents for the purchase of a flat in the project named ‘Aura (VELIMALA)’.

TGRERA fined Rs 12 lakh and ordered to complete and hand over villa to complainant. The Complainant was also ordered to pay the balance amount to the builder

A builder who used an agreement of sale which was different from the one he submitted to the TGRERA, while registering the building, was ordered to pay penalty

Some of the leading financial institutions participate in the property show offering the best schemes on home loans for prospective buyers, a press release said.

In the notice, TGRERA directed the firms to respond within a week as to why action should not be initiated against them for violating the RERA rules.

In a statement issued here on Thursday, RERA officials said only Bhuvi / Vasavi Buildox project at Gundlapochamaplly (survey no 509) was registered with PO 2200007044 number.

The ACB reportedly identified properties with market value of around Rs 300 crores.

The latest data reveal that the State has demonstrated a substantial leap in project registrations, catapulting from 3,630 registered projects in November 2021 to 8,227 projects by November 2023.

It is mandatory for real estate projects to obtain RERA registration. Action will be initiated against managements, which fail to obtain the RERA registration for their properties.

The RERA issued show cause notices to five companies involved in real estate projects for violating norms and ordered them to reply within 15 days.

The regulatory authorities of 30 States/UTs have operationalised their websites under the provisions of RERA.

Efforts on to integrate data from Sub-Registrar offices, RERA with platform.

Before investing your life savings in a property, understand how not to get lured by attractive offers

The event will present integrated townships, apartment complexes, gated communities, villas, green buildings with a special impetus on retail and commercial complexes

Lockdown-related restrictions in the wake of the coronavirus wave have forced many sectors to put their work at a halt.