Trinity begins construction of its maiden project, Sky Palazzo Residences, a beach front living experience located in Gurgaon
Leading real estate developer Trinity has swiftly commenced construction of its ultra-luxury residential project, Sky Palazzo Residences. The project received RERA approval a month ago and is located on the rapidly expanding Dwarka Expressway. The company aims to complete the…
Telangana RERA Slaps ₹10.6 Lakh Fine on Hyderabad Developer for Plan Violations
The Telangana Real Estate Regulatory Authority (TG-RERA) has imposed a fine of ₹10.6 lakh on a construction company for violating the approved project plans at an apartment complex in Nizampet, Hyderabad. The penalty follows complaints from the apartment owners’ cooperative…
1.19 lakh projects, comprising 97 lakh units, registered with top 10 State RERAs in 8 years: PropEquity
Since the operationalisation of Real Estate Regulatory Authority (RERA), 1.19 lakh projects, comprising 97.14 lakh units, have been registered with top 10 State RERAs between 2017-2024, said a report by NSE-listed data analytics firm PropEquity. The top ten States with…
MahaRERA Proposes Self-Declaration of Project Quality by Builders
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has introduced a proposal requiring real estate developers to provide an annual self-declaration of their project’s quality assurance. This self-assessment will cover multiple parameters, including structural design, stability, testing, quality of input materials,…
Karnataka RERA Upholds Builder’s Position in Dispute Over Common Amenities Area
The Karnataka Real Estate Regulatory Authority (KRERA) bench, comprising Justice HC Kishore Chandra (Chairperson), Neelmani N Raju (Member), and GR Reddy (Member), dismissed the complaint filed by homebuyers against a builder regarding the construction on the area designated for common…
Haryana RERA Initiates Survey of Stalled Residential Projects in Gurugram
The Haryana Real Estate Regulatory Authority (H-Rera) has launched a comprehensive survey of stagnant residential projects in Gurugram, marking a pioneering effort for the city. This move comes in the wake of Uttar Pradesh’s recent implementation of a rehabilitation package…
Government Examines Coexistence of RERA and State Legislation in West Bengal’s Real Estate Sector
The Indian government is currently scrutinizing the coexistence of two separate Acts governing the regulation of the real estate sector – one enacted at the national level and the other by the state of West Bengal. The Acts in question…
MahaRERA cautions homebuyers against 308 projects facing insolvency proceedings
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has cautioned homebuyers against over 308 real estate projects in keyproperty markets including Mumbai, Navi Mumbai, Thane, Pune, and rest of Maharashtra that are facing insolvency and bankruptcy proceedings against them. Various banks,…