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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
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
Landmark Tribunal Ruling Confirms BDA as RERA Promoter 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.

By Sachin Waghmare

  • Mar 17, 2026 12:38 PM IST
  • 1225 Views
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