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Homebuyers' Funds Siphoned: Supreme Court Probes ₹14,559 Crore Diversion

Homebuyers' funds siphoned in Noida and Yamuna Expressway projects face a new Supreme Court probe into ₹14,559 crore, seeking answers from the ED and RBI.

By Admin

  • May 31, 2026 12:36 PM IST
  • 1172 Views
Homebuyers funds siphoning: Supreme Court probes ₹14,559 crore diversion

Homebuyers funds siphoning: Supreme Court examines a potential ₹14,559 crore diversion in Noida residential projects, demanding replies from key authorities.

By Archana Panchal

  • May 29, 2026 19:35 PM IST
  • 1170 Views
K-RERA Directs BDA to Register Gunjur Housing Project in 14 Days

K-RERA compliance ruling mandates Bengaluru Development Authority register its Gunjur housing project within two weeks and transfer titles to allottees.

By Anjana Sastri

  • May 17, 2026 17:32 PM IST
  • 1169 Views
Karnataka RERA Rules Landowners Equally Accountable: ₹22 Crore Liability

Karnataka RERA rules landowners and developers share equal liability for project delays, impacting the Maangalya Park Avenue project in Bengaluru South area.

By Archana Panchal

  • May 08, 2026 10:04 AM IST
  • 1196 Views
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
Himachal Pradesh RERA imposes penalty on Solan real estate projects

Himachal Pradesh RERA imposes penalty on Solan real estate projects, penalizing developer lapses in accountability and project financial management standards.

By Robin Gangawane

  • Apr 20, 2026 10:38 AM IST
  • 1201 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
TN RERA Project Delays: Lame Excuses Rejected for Developer Accountability

Tamil Nadu RERA confirms developer accountability in Chennai after rejecting project delay excuses.

By Sandeep Thakur

  • Mar 29, 2026 21:07 PM IST
  • 1237 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
MahaRERA Rolls Out Fast-Track System to Ensure Timely Compensation for Homebuyers

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.

By Admin

  • 25th Nov 2025
  • 1240 Views
UP RERA Clears 22 Stalled Housing Projects for Revival Across 7 Districts, Unlocking 9,000 Units

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.

By Admin

  • 7th Nov 2025
  • 1357 Views
National Homebuyers Forum Urges Housing Ministry to Address Critical RERA Enforcement Gaps

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.

By Admin

  • 29th Oct 2025
  • 1222 Views
NCDRC Mandates Full Refund with Interest for Homebuyers if Possession Offered Without Occupancy Certificate

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.

By Admin

  • 25th Oct 2025
  • 1356 Views
Karnataka Homebuyers Challenge BDA's Bid to Escape RERA Oversight Amid Growing Project Delays

Homebuyers across Bengaluru have united to oppose the Bengaluru Development Authority's petition seeking exemption from RERA regulations, citing widespread project delays and incomplete facilities.

By Admin

  • 15th Sep 2025
  • 1452 Views
RERA's Transformational Impact: $26 Billion Private Equity Surge Signals New Era in Indian Real Estate

RERA has revolutionized India's real estate sector, attracting $26 billion in private equity investments since implementation, marking a new era of transparency and investor confidence in the property market.

By Admin

  • 31st Aug 2025
  • 1263 Views
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