Telangana RERA directs developer to rectify defects at Saket Pranamam retirement home, ET RealEstate

[ad_1] representative image HYDERABAD: Telangana Real Estate Regulatory Authority (TGRERA) has refrained from recognising Saket Pranamam Senior Citizens Friends Association, registered under the Societies Registration Act, as the exclusive body to manage maintenance and administration of Saket Pranamam residential project. The Authority stated that the cooperative society, formed under the Telangana Mutually Aided Cooperative Societies…

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Telangana RERA warns public against Krithika Infra developers project in Boduppal, ET RealEstate

[ad_1] representative image HYDERABAD: The Telangana Real Estate Regulatory Authority (TG RERA) has issued a public caution against Krithika Infra Developers Pvt. Ltd. and Krithika Infra Developers, citing multiple complaints of fraud involving their project ‘Sheshadri’s Silver Oak’ at Boduppal village in Medchal-Malkajgiri district. According to authority, complainants alleged that despite paying full or partial…

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Buyers in a fix after Odisha RERA cancels registration of two housing projects, ET RealEstate

[ad_1] representative image BHUBANESHWAR: Flat buyers in two housing projects are facing a dilemma after the Odisha Real Estate Regulatory Authority (ORERA) revoked their registration certificates as the developer allegedly used patches of railway land for building approach roads. ORERA recently revoked the registration certificate of one project in the Mancheswar area, barring the developer…

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Projects with OC applications before May 2017 exempt from registration: Karnataka RERA, ET RealEstate

[ad_1] representative image The Karnataka Real Estate Regulatory Authority (K-RERA) has clarified that residential projects which applied for Occupancy Certificate (OC) before the Karnataka Real Estate (Regulation and Development) Act, 2017 came into force, are not required to register under RERA. The ruling ends a long-standing confusion regarding registration obligations for such housing projects. K-RERA…

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Builder moves Telangana RERA over structural changes by flat owners, ET RealEstate

[ad_1] HYDERABAD: A builder in the city has filed a complaint with the Telangana Real Estate Regulatory Authority (TGRERA) against two residents of its Aparna Serenity project at Petbasheerabad Village. The builder sought interim relief, citing concerns that unauthorised modifications by the residents could affect the structural integrity of the building. The complainant invoked Section…

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Maharashtra RERA mandates prominent display of registration details in housing advertisements, ET RealEstate

[ad_1] representative image PUNE: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued a circular mandating developers to prominently display registration details in all their housing project advertisements with immediate effect, following growing concerns from homebuyers about inadequate project information disclosure. The circular, issued on April 8, requires all housing advertisements to feature MahaRERA registration…

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Gujarat RERA prevents bank from seizing properties of allottees, ET RealEstate

[ad_1] AHMEDABAD: The Gujarat Real Estate Regulatory Authority (GujRERA) issued a directive to a nationalised bank, preventing it from seizing properties belonging to allottees in a case involving a builder’s loan default. The authority emphasised that allottees have rights over the property and instructed the bank to relinquish possession of properties it already acquired pending…

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Odisha RERA empanels forensic audit firms to probe project ‘irregularities & delays’, ET RealEstate

[ad_1] BHUBANESWAR: In a move to enhance transparency and accountability, the Odisha Real Estate Regulatory Authority (RERA) has announced the empanelment of specialised forensic audit firms to investigate projects suspected of irregularities or delays. The initiative comes as part of ORERA’s broader mandate to protect the interests of homebuyers and ensure the orderly development of…

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