Homebuyers’ body seeks changes in RERA law, calls for rules to verify developers’ track record before project approvals

Builders continue to ‘brazenly’ exploit homebuyers with project delays, fund mismanagement, and repeated violations of agreements, often under the watch of RERA authorities. The Supreme Court has repeatedly flagged such lapses, noting that despite having wide powers to investigate, penalize, and issue binding orders under the RERA Act, many authorities remain ‘passive spectators’. This raises […]

RERA spurs investor confidence: 1.5 lakh consumer complaints resolved, PE inflows rise to $26 billion

As of mid-2025, more than 1.5 lakh housing projects and 1 lakh agents are registered under the Real Estate Regulatory Authority (RERA) Act, with 1.5 lakh consumer complaints resolved, Private equity inflows into real estate surged to $26 billion during 2017–2020, up from $17.5 billion in 2011–2016, a sign of growing investor confidence in the […]

Telangana RERA penalises builder for not registering project, building more parking slots than allocated units

The Telangana Real Estate Regulatory Authority (TGRERA) has imposed a penalty of ₹2.85 lakh on the promoters of Showri Pearl, a residential project in Medchal-Malkajgiri district, for carrying out construction in violation of RERA norms. ₹2.85 lakh for violating RERA norms in Medchal. (Picture for representational purposes only)(Pixabay)” title=”Telangana RERA has fined a local real […]

DLF’s Mumbai project set to launch soon as RERA gives green light to first phase with 416 premium apartments

DLF has received approval from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for the first phase of its upcoming premium residential project in Mumbai’s Andheri area. The approved phase will comprise 416 apartments across four towers. Mumbai real estate update: DLF has received approval from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for the first […]

Telangana RERA fines developer ₹14.9 lakh for failing to register project, asks realtor to refund money to buyers

The Telangana Real Estate Regulatory Authority (TGRERA) has imposed a penalty of ₹14.9 lakh on the developer of the ‘Aura Velimala Phase 1’ project in Velimala, Sangareddy district, according to the order. ₹14.9 lakh on the developers of the ‘Aura Velimala Phase 1’ project in Velimala, Sangareddy district (Picture for representational purposes only)(Pixabay)” title=”The Telangana […]

Strict compliance with RERA provisions crucial to restoring trust in housing sector: PM Modi

Prime Minister Narendra Modi has called on state governments to ensure the mandatory registration of all eligible real estate projects under the Real Estate (Regulation and Development) Act (RERA). He emphasized that strict adherence to RERA provisions is essential to rebuilding homebuyer confidence and restoring trust in the housing sector. Prime Minister Narendra Modi has […]

UP RERA warns developers of up to 5% project cost penalty for handing over incomplete flats to homebuyers

Acting on complaints by homebuyers, the Uttar Pradesh Real Estate Regulatory Authority (UP-Rera) has directed all developers to immediately stop handing over incomplete apartments or bare shell units to homebuyers and warned that this could attract penalties up to 5% of the real estate project’s total cost.  Acting on complaints by homebuyers, UPRERA has directed […]