You Searched for: homebuyer protection
The NCLAT has set aside the NCLT's insolvency order against Mahagun India Pvt Ltd, citing procedural lapses and directing a fresh project-specific hearing. The decision brings relief to thousands of homebuyers in non-defaulting projects.
- 12th Nov 2025
- 1165 Views
Mumbai's Economic Offences Wing has registered a criminal case against BP Gangar Constructions and its directors for allegedly defrauding 102 flat buyers of ₹100 crore in the stalled Sky 31 project in Wadala, with charges including cheating, criminal breach of trust, and RERA violations.
- 12th Nov 2025
- 1152 Views
Maharashtra government examines repealing the 1963 MOFA Act as RERA provisions increasingly overlap, sparking debate among developers, housing societies, and homebuyers about regulatory protection and legal clarity.
- 12th Nov 2025
- 1159 Views
The Uttar Pradesh Real Estate Regulatory Authority has removed 22 housing projects from its abeyance list, enabling the resumption of work on approximately 8,856 stalled units across Noida, Ghaziabad, Lucknow, Agra, Meerut, and Hathras following developer compliance with regulatory requirements.
- 7th Nov 2025
- 1163 Views
Telangana RERA has issued strict directives to two Hyderabad developers for failing to complete essential infrastructure and not disclosing joint development agreement details in their Patancheru project, setting a 60-day completion deadline.
- 7th Nov 2025
- 1168 Views
A Central Advisory Council member has questioned the effectiveness of RERA registration, calling for mandatory developer declarations and clearance of all dues before new project approvals to protect homebuyers.
- 30th Oct 2025
- 1191 Views
A leading pan-India homebuyers' association has urged the Union Housing Ministry to address critical gaps in RERA enforcement, proposing mandatory escrow accounts for amenities, builder verification mechanisms, uniform exit policies, and standardized operating procedures across state regulators.
- 30th Oct 2025
- 1159 Views
A leading homebuyers' association has urged the Union Housing Ministry to address enforcement gaps in RERA, proposing stricter SOPs to protect buyers from incomplete amenities, defaulting developers, and payment risks.
- 29th Oct 2025
- 1167 Views
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
- 1159 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
- 1230 Views
The Enforcement Directorate has provisionally attached assets worth over ₹400 crore belonging to a Bengaluru-based developer in a case involving alleged fraud against homebuyers, marking one of Karnataka's largest property sector enforcement actions.
- 8th Oct 2025
- 1199 Views
The Maharashtra Real Estate Regulatory Authority has rejected a Nagpur developer's attempt to deregister the residential portion of its MIHAN-SEZ mixed-use project, ruling that financial non-viability cannot justify abandoning registered project commitments.
- 29th Sep 2025
- 1210 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
- 1252 Views
Bengaluru homebuyers are strongly opposing the Bengaluru Development Authority's petition to exempt itself from RERA regulations, citing widespread project delays and incomplete amenities in existing housing schemes.
- 12th Sep 2025
- 1368 Views
India's Ministry of Housing and Urban Affairs has launched a unified RERA portal that consolidates real estate project data from all states, promising unprecedented transparency and buyer protection in the property sector.
- 8th Sep 2025
- 1508 Views
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