Jabalpur, Feb 14 (IANS) In a ruling that clarifies procedural pathways under the Real Estate (Regulation and Development) Act, 2016, the Madhya Pradesh High Court at Jabalpur has directed an aggrieved homebuyer to approach the appropriate forum for executing a delayed possession order against a builder.A bench of Justice Vishal Mishra; presiding over the Writ Petition, disposed of the case on Thursday, emphasising the doctrine of merger in appellate orders.The dispute originated from a homebuyer…
Latest RERA News & Updates
New Delhi, Feb 13 (IANS) The Supreme Court has orally expressed strong disapproval over the functioning of the Real Estate Regulatory Authority (RERA) in several states, remarking that it was “high time” that the governments revisited their decision to constitute the regulatory body.The observation came from a Bench of Chief Justice of India (CJI) Surya Kant and Justice Joymalya Bagchi as it heard a special leave petition (SLP) filed by the Himachal Pradesh government challenging an order of…
Lucknow, Jan 23 (IANS) In a major crackdown on alleged financial fraud, the Enforcement Directorate (ED)’s Lucknow Zonal Office has provisionally attached 75 immovable and two movable properties worth Rs 158.85 crore under the Prevention of Money Laundering Act (PMLA), 2002, an ED statement said on Friday. These assets, with a current market value exceeding Rs 350 crore, are linked to M/s Rohtas Project Limited and its associates, accused of duping homebuyers through unfulfilled township schemes…
Hyderabad, Jan 6 (IANS) The Enforcement Directorate (ED), filed supplementary prosecution complaint in a court in Hyderabad against B. Lakshminarayana, Sandhu Purnachandra Rao, Ex-Director and Sales and Marketing Head of Sahiti Infratec Ventures India Pvt Ltd (SIVIPL) under the provisions of the Prevention of Money Laundering Act.Hyderabad Zonal Office of the ED said that the court has taken cognizance of the supplementary prosecution complaint.The Central agency initiated investigation based on…
New Delhi, Dec 30 (IANS) Private equity capital deployed into Indian real estate reached $6.7 billion in 2025, a 59 per cent year‑on‑year rise over 2024, a report said on Tuesday.Savills India in the report forecasted private equity investment of $6.5 billion–$7.5 billion in 2026, with continued institutional interest in offices, industrial and logistics, and sustained demand for data centres and premium residential.Industrial and logistics assets are anticipated to remain a key focus area…
Ahmedabad, Dec 26 (IANS) The Gujarat Real Estate Regulatory Authority (RERA), on Friday, implemented a comprehensive new Standard Operating Procedure (SOP) to ensure faster, more transparent and streamlined redressal of complaints filed by property buyers and other stakeholders. The SOP adopts a digital-first approach, strengthening the existing online system while clearly defining procedural timelines and responsibilities.The primary objective of the new SOP is to provide homebuyers with quicke…
New Delhi, Dec 24 (IANS) BASIC Home Loan (Read: BASIC), India’s fastest-growing mortgage-focused fintech platform, has partnered with udChalo Housing to offer tailored home loan solutions for serving and retired defence personnel and their families.The partnership aims to simplify home ownership for defence and CAPF families by bringing together BASIC’s access to 150 plus lenders and udChalo’s deep understanding of defence housing needs. Together, the two companies will enable defence buye…