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The NCDRC has ruled that developers must obtain Occupancy Certificates before handing over possession, entitling homebuyers to full refunds with interest if this requirement is violated, marking a major win for consumer protection in India's real estate sector.
- 25th Oct 2025
- 1160 Views
The National Consumer Disputes Redressal Commission has ruled that developers offering possession without an Occupancy Certificate must refund homebuyers with interest, setting a landmark precedent for buyer protection.
- 16th Oct 2025
- 1232 Views
India's Supreme Court has ordered comprehensive reforms to strengthen Real Estate Regulatory Authorities nationwide, mandating enhanced staffing, expert inclusion, and standardized escrow procedures within six months.
- 19th Sep 2025
- 1253 Views
RERA has revolutionized India's real estate sector, attracting $26 billion in private equity investments since implementation, marking a new era of transparency and investor confidence in the property market.
- 31st Aug 2025
- 1201 Views
Maharashtra Real Estate Regulatory Authority issues decisive ruling against Mumbai developer for improperly allocating parking spaces across building wings, setting new transparency standards.
- 8th Aug 2025
- 1261 Views
The Maharashtra Real Estate Regulatory Authority has ordered a Mumbai-based developer to reassign parking spaces after homebuyers complained about receiving slots in different building wings from their apartments, sources reported on August 5, 2025.
- 6th Aug 2025
- 1300 Views
With reforms like 30-day project registration and strengthened conciliation forums, UP-RERA 2025 enhances consumer protection and drives balanced real estate growth beyond NCR.
- 31st May 2025
- 1394 Views
A homebuyers' body urges stricter regulations to tackle misleading real estate ads, calling for tougher penalties and transparency to protect buyers nationwide.
- 1st Jan 2025
- 1358 Views
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.
- 27th Mar 2024
- 1529 Views
MahaRERA has issued show-cause notices to 74 developers in Mumbai and Pune for failing to include QR codes in their project advertisements, a violation of the August 1, 2023 mandate.
- 30th Sep 2023
- 1439 Views
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