In a landmark ruling, the Karnataka High Court has quashed a 24-year-old BDA land acquisition in Bengaluru, restoring property rights to landowners and setting a legal precedent for stalled acquisitions across India.

Maharashtra Real Estate Regulatory Authority (MahaRERA) has ordered the termination of sale agreements between a developer and purchasers who missed payment deadlines in an unprecedented action.

A new MahaRERA initiative protects homebuyers in an unprecedented step. It requires housing project developers to have three accounts in one scheduled bank to promote discipline, efficiency, transparency, accountability, and equality in financial activities.