You Searched for: real estate developer default
The Maharashtra Real Estate Regulatory Authority confirms that Vastu concerns do not permit buyers to stop payments for a ₹1.34 crore apartment in Mumbai.
- Jun 02, 2026 23:06 PM IST
- 1165 Views
Insolvency proceedings against realty firms must be restricted to specific projects according to a new NCLAT ruling, protecting unrelated residential assets.
- Apr 14, 2026 15:31 PM IST
- 1198 Views
The NCLAT reaffirms project-specific insolvency rules, ensuring financial disputes are limited to individual developments rather than entire corporate firms.
- Apr 13, 2026 10:03 AM IST
- 1205 Views
Mumbai NRI fraud involving Ajanta Airawat Infrastructure LLP directors highlights regulatory risks in premium residential investment.
- Mar 30, 2026 11:31 AM IST
- 1304 Views
Telangana RERA has pioneered a novel intervention by permitting allottees to complete residential projects abandoned by a developer. This decisive action shields homeowner investments in Hyderabad's Dundigal and Bachupally micro-markets, setting a regulatory precedent.
- Mar 08, 2026 19:00 PM IST
- 1270 Views
The NCLT Chandigarh bench has admitted Gurugram-based Vatika Real Estate Developers into insolvency proceedings after the company reportedly defaulted on ₹274 crore in dues owed to NCD holders, with IDBI Trusteeship Services filing the petition.
- Feb 09, 2026 18:34 PM IST
- 1653 Views
MahaRERA has unveiled a first-of-its-kind SOP for compensation recovery, giving homebuyers a time-bound enforcement pathway against defaulting developers, including asset seizure and civil imprisonment provisions.
- 9th Dec 2025
- 1418 Views
The NCLT has admitted Katra Realtors, an Ansal API affiliate, into insolvency proceedings after a ₹23 crore corporate guarantee was invoked following prolonged loan default.
- 30th Nov 2025
- 1289 Views
Maharashtra Real Estate Regulatory Authority has launched a new Standard Operating Procedure ensuring homebuyers receive compensation within 60 days, with strict enforcement measures including potential imprisonment for defaulting developers.
- 25th Nov 2025
- 1240 Views
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
- 1441 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
- 1222 Views
Nearly a decade after RERA's introduction, Indian homebuyers continue battling project delays, poor construction quality, and broken developer promises, with regulatory enforcement remaining weak and inconsistent across states.
- 12th Oct 2025
- 1607 Views
The Noida Authority has initiated strict measures to cancel allotments of residential plots lying vacant for over 12 years while blocking registries for 5,758 housing units due to unpaid developer dues, marking a decisive crackdown on land hoarding.
- 8th Oct 2025
- 1625 Views
MahaRERA recovered over Rs 140 crore this year from developers who delayed flat deliveries, distressing homeowners. This is one of India's greatest real estate regulator recoveries. MahaRERA has filed 1,123 warrants this year to collect about Rs 764 crore from developers, threatening to freeze bank
- 27th Dec 2023
- 1483 Views
