Work on these projects, some of which are in NCR, was suspended in July last for failing to upload documents such as land ownership records and building maps on the regulator’s portal
RERA authorities currently do not verify whether a promoter has cleared all dues to allottees of other projects as well as charges levied by the central or state authorities or any courts/forums/quasi-judicial bodies.
Stalled projects, missing approvals and weak enforcement still trip up buyers—do your homework before you sign.
The Real Estate (Regulation and Development) Act, or RERA, has transformed the property market by bringing transparency, accountability, and protection for homebuyers.
According to the authority, the combined investment for these six projects stands at Rs 176.28 crore and will lead to the construction of 501 new units, comprising residential flats and commercial shops.
The eight projects will add more than 3,000 new homes and commercial units across six cities and will be range form affordable to mid-income housing categories
India has emerged as a top global destination for cross-border capital in real estate, ranking seventh worldwide in Colliers' June 2025 report. Fuelled by strong economic fundamentals and robust infrastructure growth, the sector is attracting significant investor interest
From fraudulent land deals and fake ownership claims to misleading project advertisements, scammers continue to find new ways to deceive buyers. In this episode of Realty Returns, we dive into the persistent issue of real estate scams in India despite regulatory safeguards like RERA with our guests Jayesh Rathod, co-founder and director of Guardians Real Estate Advisory & Ketan Mukhija, senior partner at Burgeon Law. To safeguard your investment, experts recommend thorough title checks spanning at least 40 years, verifying developers on RERA websites, and seeking legal consultation before making a purchase. Inspecting land records and speaking to residents in the developer’s past projects can also reveal red flags. Stay tuned to learn how awareness and due diligence can protect your property investment!
According to data provided by NSE-listed real estate analytics firm PropEquity, the number of projects registered with RERA fell by 21 percent between 2022-2024. It, however, had grown by 145 percent to 25,281 projects between CY 2020 and 2022.
The Economic Survey 2024-25 said that over 35,000 affordable housing units have been built in 23 cities, under the Smart Cities Mission and 199 projects worth Rs 9,200 crore have been implemented in over 50 cities.
The Delhi body's guidelines will reinforce what has been laid out under the law governing real estate, that the carpet area should be mentioned in all promotional material.
According to real estate statutes, no residential or commercial development can be advertised without being registered with the respective state-level real estate regulatory authority. The advertisements are required to have details such as the RERA registration number, a QR code that leads to more details about the project, and the site address.
The redevelopment landscape in Mumbai has created a market for real estate players nationwide with strong balance sheets to pursue prime projects in the city
Veena Ravishankar had booked a luxury apartment in Phase II Tower 4 (Maple) of the Parkwest project in Bengaluru in 2016, with an initial handover date of 2020.
The regulator concluded that the project was ongoing at the time of enactment of the real estate law and asked the developer to refund the entire Rs 15 lakh to an aggrieved homebuyer.
The promoters have been continuously warned since 2018 to upload all the project documents on the portal
This comes as Bengaluru faces over 26,030 delayed projects, totaling more than Rs 28,072 crore, with some projects running behind schedule by over 4-5 years.
According to the Economic Survey, a total of 1,24,947 complaints have been disposed by the 32 state and union-territory level Real Estate Regulatory Authorities that were established as a result of the Act's passage.
Experts say making promoters part of the execution proceedings is a challenge since the real estate law as it stands does not have the stipulation that allows for this.
The regulator asked the developer to pay Rs 48.5 lakh for delaying possession of an apartment at Mantri Webcity 2A on Hennur Road for almost 7 years.
According to Karnataka RERA documents, the RERA registration period for the project Embassy One was 2019. However, the authority granted an extension for 9 months in 2020 due to the Covid-19 pandemic. When the developer failed to complete the project even by that date, the authority extended it till 2026 in March 2024.
In this case, a buyer of a flat in Bengaluru complained to KRERA after the developer failed to fix the seepage from rainwater in his apartment.
The development comes after Karnataka RERA recently order asked a home buyer to pay interest to the developer for failing to pay EMIs of a delayed project in Bengaluru.
If any construction work is still remaining in the unit, the promoter will have to clearly mention the remaining finishing work of the unit and the duration required for completion
Section 6 of the act says, the registration granted under Section 5 may be extended by the Authority on application made by the promoter due to force majeure in such form and on payment of such fee as may be