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

The Karnataka Real Estate Appellate Tribunal (KREAT) has ruled that the Bengaluru Development Authority (BDA) qualifies as a 'promoter' under RERA, mandating project registration and ensuring parity with private developers. This decision significantly impacts regulatory oversight of public real estate ventures across Karnataka.

The Karnataka Real Estate Appellate Tribunal has definitively ruled that the Bangalore Development Authority (BDA) qualifies as a 'promoter' under RERA, compelling adherence to the 2016 Act. This landmark decision affects ongoing projects like Nadaprabhu Kempegowda Layout (NPKL) and reinforces regulatory oversight on state development bodies.

KRERA orders Bengaluru developer to fix water seepage issues within 30 days and reimburse homeowner costs. Landmark ruling strengthens buyer rights and sets quality benchmarks for construction standards across Karnataka.

In a landmark decision, the Karnataka Real Estate Regulatory Authority (KRERA) has mandated L&T Realty to transfer the ownership of common areas and the pre-maintenance corpus to the Resident Welfare Association (RWA) for the L&T Realty Raintree Boulevard project in Bengaluru.

A recent verdict by the Karnataka Real Estate Regulatory Authority (KRERA) stands as a symbol of hope, shedding light on the path to fairness and justice for homebuyers.