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KRERA Orders BDA: ₹22 Lakh Penalty Confirms Developer Accountability

KRERA rules BDA a promoter, enforcing strict compliance as it orders a ₹22 lakh penalty for project delays. This ruling strengthens homebuyer protection laws.

By Sandeep Thakur

  • May 06, 2026 11:34 AM IST
  • 1194 Views
RERA compliance ruling penalizes Bengaluru developer over project delays

A RERA compliance ruling imposes a 5% project cost penalty on a Bengaluru developer for failing to refund homebuyers in the delayed Mantri Webcity project.

By Rajesh Aher

  • May 01, 2026 12:08 PM IST
  • 1188 Views
KRERA Imposes Penalty on Ozone Urbana Developer for Compliance Failure

KRERA imposes penalty on Ozone Urbana developer after persistent failure to refund buyers, marking a pivotal shift in regulatory enforcement in Bengaluru.

By Namrata Parab

  • Apr 15, 2026 14:34 PM IST
  • 1191 Views
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