The Telangana Real Estate Regulatory Authority (TGRERA) has imposed a fine of INR 6.4 lakh on Bhuvanteza Infra Projects Pvt. Ltd. for multiple violations, including non-registration, diversion of customer funds, and delayed possession of flats. The authority has ordered refunds to buyers in three separate cases, along with 10.7% annual interest, to be paid within 30 days. Cases involved projects at Bommarasipet, Velimela, Dundigal, and Malkajgiri, where buyers had paid substantial amounts but did not receive the promised flats. These actions reinforce TGRERA's commitment to protecting homebuyers' rights.Read more

The Karnataka High Court has called on the state government to create clear guidelines for land and site transactions on converted lands outside sanctioned layouts. The court emphasized that Section 17(2B) of the Karnataka Town and Country Planning Act, 1961, is meant to protect buyers while ensuring planned urban growth and adequate civic infrastructure. This move follows the dismissal of a petition where the municipality refused an e-khata for a converted plot without layout approval. The court highlighted the need for a formal regulatory framework to prevent unplanned developments.Read more

The Railway Board has directed all zonal railways to conduct traffic studies before initiating Final Location Surveys (FLS) and Detailed Project Reports (DPRs) for new railway projects. This step aims to assess the preliminary viability of projects, including new lines, doubling/multitracking, gauge conversions, and yard remodelling works. The decision comes after complaints of procedural violations and wasteful expenditure. The Board's emphasis on compliance seeks to ensure that resources are used efficiently and only projects with verified potential move forward.Read more

Jaipur Municipal Corporation-Heritage (JMC-H) is set to deploy drones in the Walled City to monitor unauthorized constructions and violations of building bylaws. The drones, capable of capturing photos and videos within a 5-7 km radius, will also help track issues like stray cattle and sewer blockages. Commissioner Nidhi Patel said demonstrations by various drone companies will be conducted before deciding on feasibility and budget. The move addresses residents' concerns about increasing illegal structures and delayed enforcement actions in the heritage zone.Read more

The Odisha Real Estate Appellate Tribunal (OREAT) recently upheld a homebuyer's complaint against a city-based developer in Andharua. The buyer had alleged delayed possession, missing occupancy and fire safety certificates, and non-provision of promised amenities. Despite paying INR 47.84 lakh, he received possession nearly 20 months late in August 2021 without the required certifications. The tribunal directed the builder to pay interest, obtain valid occupancy certificates, deliver all promised amenities, and facilitate the formation of an allottees' association, reinforcing the protection of homebuyers under RERA.Read more

The Noida Authority has announced plans to take action against developers who have failed to comply with the Uttar Pradesh government's policy on stalled housing projects. This includes attaching and auctioning the assets of defaulting builders. The policy aimed to revive stalled projects by allowing developers to pay 25% of their dues upfront and the remaining 75% over three years, with interest waivers. Many developers have not followed these terms, leading the authority to withdraw interest waivers and pursue asset attachment measures to ensure homebuyers can complete their property registrations.Read more

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed Monarch and Querish Builders to pay INR 5 lakh to homebuyer Mohammed Sayyed Noorul Hassan for mental agony and additional expenses caused by delayed possession of his flat in the Gaurav Legend project, Oshiwara. Hassan had booked the flat in 2013, paying INR 34.7 lakh of the INR 41.7 lakh price, with possession promised in May 2016. The builder's delay forced him to pay rent for years while managing chronic health issues, prompting MahaRERA to order compensation beyond earlier interest payments.Read more

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has filed a First Information Report against ASGI Properties Pvt. Ltd. for allegedly submitting a forged order to banks to secure loans for its Apple Tower S-2A & S-2B project in Greater Noida. Investigations confirmed that no such order was ever issued by UP RERA. The A.S.G. Apple Buyers Association had earlier flagged the promoter's deceptive practices, highlighting attempts to mislead allottees and financial institutions using fabricated documents. The case is now under police investigation.Read more

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved eight new real estate projects, collectively valued at INR 1,948 crore. These developments will deliver 3,005 residential and commercial units across Lucknow, Prayagraj, Agra, Jhansi, Noida, and Firozabad. UP RERA Chairperson Sanjay Bhoosreddy noted that these approvals reflect growing trust and stability in the state's real estate sector, supporting both housing growth and economic progress while enhancing investor confidence.Read more

The Enforcement Directorate has attached 34 more properties worth over INR 40 crore in the MUDA land scam, taking total attached assets to over INR 440 crore. The investigation revealed that former MUDA commissioner GT Dinesh Kumar illegally allotted sites to relatives and associates, using the proceeds to acquire additional properties. The probe has also implicated Karnataka Chief Minister Shri Siddaramaiah and his wife, BM Parvathi, who allegedly secured 14 sites as compensation for land acquired by MUDA. Earlier actions by ED had already attached 92 properties worth INR 100 crore.Read more