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February 6, 2024
Homebuyers in projects delayed by up to four years in Bengaluru are waiting for their money to be recovered by the state under the orders of the Karnataka RERA. Experts say they have identified the critical problem and are advising the government on faster recoveries.
December 12, 2023
Delayed possession: MahaRERA has said that a complaint for delayed handing over by the developer can attract provisions of Section 18 of the RERA Act (compensation) only if the delay is ongoing at the time of filing the complaint.
November 29, 2023
Eleva, the company’s new division, will also focus on stalled or stuck real estate projects and provide development, construction, design, marketing, and sales-oriented solutions to real estate companies.
October 4, 2023
A meeting of senior officials last week also discussed partial surrender of projects to recover dues and introduction of zero period of four years. The state cabinet will take a final decision after consulting the Centre.
September 29, 2023
Elegant Ville is the 18th project approved by the Authority under provisions of section 8 of the RERA Act for rehabilitation.
September 26, 2023
The latest data shows that delays in completing real estate projects have somewhat declined
August 14, 2023
Apart from approving New Noida master plan 2041, the board also discussed the recommendations of the Amitabh Kant committee on stuck housing projects. Post all necessary discussions, a report containing observations of the authorities will be sent to the state government to decide future course of action, officials said.
August 4, 2023
The resolution will help properties worth Rs 1,100 crore see the light of day. The project includes two land parcels totalling 63 acres, with six million square feet of residential space.
July 13, 2023
These accounts will be jointly operated by the builders and the Authority and will make it difficult for builders to divert funds to other projects or means.
July 7, 2023
Antriksh Sanskriti is the 17th project in UP where UPRERA has authorised the promoter and AoA to complete the construction and development work. More projects could get such nod, says UPRERA acting chief.