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Telangana Releases Over ₹2,200 Crore to Beneficiaries of Indiramma Housing Scheme in 2025

The Telangana government disbursed ₹2,233 crore to Indiramma Housing Scheme beneficiaries in 2025, with over 2.18 lakh units under construction receiving milestone-linked payments directly into bank accounts.

By Admin

  • 24th Oct 2025
  • 1260 Views
MahaRERA Takes Decisive Action: 4,812 Housing Projects Suspended as Maharashtra Cracks Down on Developer Non-Compliance

Maharashtra's real estate regulator has suspended 4,812 housing projects and frozen associated bank accounts since July 2025, marking the largest enforcement action against non-compliant developers in the state's history.

By Admin

  • 20th Aug 2025
  • 1575 Views
MahaRERA Freezes 1,950 Real Estate Project Accounts in Crackdown on Non-Compliance to Protect Homebuyers

MahaRERA has frozen 1,950 project accounts across Maharashtra in a crackdown on non-compliant developers, aiming to enforce accountability and protect homebuyers affected by delays and incomplete projects.

By Admin

  • 11th Jan 2025
  • 1615 Views
MahaRERA Proposes Three-Account System for Real Estate Projects

MahaRERA has proposed a breakthrough rule to increase openness and accountability in real estate developments. For compliance and efficient money utilisation, this proposal requires projects to maintain three bank accounts in the same bank.

By Admin

  • 27th Mar 2024
  • 1529 Views
Revolutionary Proposal by MahaRERA for Developer Accounts For Safeguarding Homebuyers

A new MahaRERA initiative protects homebuyers in an unprecedented step. It requires housing project developers to have three accounts in one scheduled bank to promote discipline, efficiency, transparency, accountability, and equality in financial activities.

By Admin

  • 21st Mar 2024
  • 1600 Views
Indian Bank Plans to Offload INR 610 Crore in Bad Loans

The state-owned Indian Bank sold ₹610 crore in bad loans to simplify its financial portfolio. The bank plans to straighten up its accounts by the end of the year. Real estate and international trade debts are sold.

By Admin

  • 12th Dec 2023
  • 1437 Views
UP RERA Introduces Stricter Banking Regulations for Real Estate Companies

The Uttar Pradesh Real Estate Regulatory Act (UP-RERA) has improved transparency and strengthened real estate project bank account banking. A recent State Level Bank Committee (SLBC) statement stressed the need of managing these accounts according to RBI and RERA Act guidelines.

By Admin

  • 17th Oct 2023
  • 1564 Views
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