Real Estate Regulation
CREDAI Chennai urges AAI to fast-track NOCs as project delays push up construction costs
CREDAI Chennai has called on the Airports Authority of India to speed up NOC approvals for real estate projects, warning that delays are...
TNRERA holds developer responsible for project delay, rejects generic excuses
The Tamil Nadu Real Estate Regulatory Authority has held a developer accountable for delayed possession, rejecting reasons such as labour shortage and approval...
Centre moves to replace jail term with penalty for homebuyers under RERA amendment
The Centre has proposed a key amendment to the RERA Act, replacing the existing one-year jail term for non-compliance with tribunal orders by...
Karnataka Likely to Hike Property Guidance Value by Up to 15 Percent
Karnataka is set to revise property guidance values by up to 15 percent after two years, aiming to boost stamp duty revenue and...
Hiranandani Calls for RERA Review After Supreme Court Criticism
Real estate leader Niranjan Hiranandani has urged a comprehensive review and stronger enforcement of RERA following sharp observations from the Supreme Court on...
Supreme Court Calls For Rethink On RERA, Flags Concern Over Builder Defaults
The Supreme Court has urged all states to revisit the structure and functioning of the Real Estate Regulatory Authority, raising concerns that it...
TNRERA Tightens Rules: Builders Must Deposit Extra 20% for Project Extensions Beyond One Year
To curb project delays and protect homebuyers, TNRERA has made it mandatory for developers seeking registration extensions beyond one year to deposit an...
TNRERA Mandates Stricter Ad Norms for Real Estate Promotions
In a move to spruce up workouts in regulatory oversight over property promotions, the Tamil Nadu Real Estate Regulatory Authority (TNRERA) has just...
BBMP Cracks Down on Unauthorised Buildings, Mandates Legal Undertaking from Builders
In a big bid to stop unauthorised buildings in Bengaluru, the Bruhat Bengaluru Mahanagara Palike (BBMP) has brought about a compulsion for developers...
CREDAI Seeks Hike in ₹45 Lakh Affordable Housing Cap, Pushes for Better Sales Data
CREDAI’s new president, Shekhar Patel, has called for an urgent revision or removal of the ₹45 lakh price cap that defines affordable housing...
