menu icon

Maharashtra Government Approves Conversion of 2.1 Lakh Sq. Meters of Land for Maha Metro

Thursday 8th May 2025

The Maharashtra government has approved converting 2.1 lakh square meters of leasehold land into ownership for Maha Metro. The land, located in Pune, Pimpri-Chinchwad, and Nagpur, was previously leased for 30 years. This conversion enables Maha Metro to use the land for commercial developments such as affordable housing, schools, and hospitals. The decision aims to generate revenue, helping the metro projects meet financial obligations and repay international loans. This move is expected to improve the financial sustainability of metro operations in these cities. ...

Read More

BBMP Sets New Record with Rs 1,417 Crore Property Tax Collection in April 2025

Thursday 8th May 2025

In April 2025, the Bruhat Bengaluru Mahanagara Palike (BBMP) achieved a record property tax collection of Rs 1,417 crore, marking its highest-ever monthly revenue. This success is attributed to improved digital payment options, awareness campaigns, and tighter enforcement strategies. Property owners were encouraged to pay early through incentives and streamlined services, leading to higher compliance. BBMP officials expressed optimism that this momentum would continue in the coming months, helping them reach their annual revenue goals. The achievement reflects a positive shift in public participation and administrative efficiency in Bengaluru’s tax collection system, strengthening the city’s financial stability and civic infrastructure plans. ...

Read More

Uttar Pradesh Acquires 13,500 Acres for New Industrial City Under BIDA Initiative

Thursday 8th May 2025

The Uttar Pradesh government has acquired 13,500 acres of land for a new industrial city between Jhansi and Kanpur, part of the Bundelkhand Industrial Development Authority (BIDA) initiative. The total project spans 35,300 acres, aimed at boosting the region's economic growth and generating job opportunities. Of the total land, 12,700 acres are privately owned, while 5,140 acres belong to government departments. Chief Minister Yogi Adityanath is actively overseeing the project's progress with daily reviews to ensure its timely completion and development, helping enhance the area's industrial infrastructure. ...

Read More

Noida Authority Moves to Recover Rs 277 Crore from Sikka Infrastructure, Refers Case to EOW

Thursday 8th May 2025

The Noida Authority has initiated recovery of Rs 277 crore from Sikka Infrastructure for unpaid dues on a group housing project in Sector 143B. Despite a state policy offering relief for stalled projects, Sikka failed to pay the required Rs 52 crore, forfeiting the benefits. The project, allotted in 2011, has seen limited construction and no unit registrations. Only 749 of 1,351 approved units are built, with 323 receiving occupancy certificates. After repeated non-compliance, including ignoring a final notice, the Authority has referred the case to the Economic Offences Wing and is moving to cancel the projects building plan revalidation. ...

Read More

Bengaluru, Mumbai, and Delhi Rank Among Top Global Cities for Prime Residential Price Growth

Wednesday 7th May 2025

Bengaluru, Mumbai, and Delhi have made it to the top 15 cities globally for prime residential price growth, as per Knight Franks Q1 2025 Prime Global Cities Index. Bengaluru led Indian cities with an 8.3% rise, ranking 4th globally. Mumbai followed with a 7.6% increase, securing 5th place, while Delhi saw a 3.9% growth, ranking 15th. This surge in prices highlights the growing demand for high-end residential properties in these cities, driven by factors like strong economic performance, enhanced infrastructure, and an expanding affluent population in these urban hubs. ...

Read More

YEIDA Orders Film City Developer to Secure Approvals Before Construction

Wednesday 7th May 2025

The Yamuna Expressway Industrial Development Authority (YEIDA) has instructed Bayview Bhutani Film City Pvt Ltd, led by filmmaker Boney Kapoor, to secure layout and building approvals before beginning construction on the Film City project in Sector 21. As per the concession agreement, the developer must start construction within a year and complete key components, such as film studios and a training academy, within three years. If these conditions are not met, the developer will face a penalty of Rs 1.5 lakh per day. YEIDA has emphasized that no construction, including foundation work, can proceed without the necessary approvals. ...

Read More

"Bagmane Group Purchases Rs 1,530 Crore Railway Land in Dwarka"

Monday 5th May 2025

Bagmane Group has acquired a 124,000-square-meter parcel of railway land in Dwarka, Delhi, for Rs 1,530 crore, leased from the Rail Land Development Authority (RLDA). The site will be developed into 55% residential and 45% commercial space. The deal followed delays due to tree relocation issues. Located near a new railway passenger terminal, the projects strategic position is expected to boost its commercial appeal. This acquisition forms part of Bagmane’s broader expansion strategy in major cities like Bengaluru, Chennai, and Delhi-NCR, with potential plans for a Real Estate Investment Trust (REIT) listing.       ...

Read More

"Bengaluru Development Authority Increases Property Taxes by 20-45%, Sparking Protests"

Monday 5th May 2025

The Bengaluru Development Authority (BDA) has increased property taxes by 20% to 45%, effective from April 1, 2025, following the states hikes in public transport fares, electricity, water, milk, and property registration fees. The revised rates, based on updated guideline values, were published on the BDA's website on April 28. This move has sparked protests from over 1.2 lakh property owners, particularly in areas like Arkavati, Banashankari, and Nadaprabhu Kempegowda, who cite poor infrastructure such as unfinished roads and irregular water and power supply. Residents argue that the tax hike is unjustified without corresponding improvements in basic amenities. Additionally, concerns have been raised about maintenance fees being charged on vacant plots, which residents deem unreasonable. ...

Read More

"Punjab and Haryana HC Overturns Rule Requiring Developers to Forfeit Land and Fees on License Surrender"

Monday 5th May 2025

The Punjab and Haryana High Court has invalidated a 2020 amendment to Haryanas urban development rules that mandated real estate developers surrendering their licences to forfeit significant fees and land without compensation. The court deemed these provisions excessive, legally unsound, and infringing on developers constitutional rights. This ruling came after a developer challenged the states demand to forfeit Rs 31.76 crore and transfer 4.4 acres of land, despite the states failure to provide promised infrastructure. The court held that such forfeitures amounted to unjust enrichment and lacked legal justification. While the state may claim interest on certain fees, the principal amounts already paid cannot be forfeited. ...

Read More

"Karnataka RERA Faces Criticism for Ineffectiveness in Protecting Homebuyers and Enforcing Builder Accountability"

Monday 5th May 2025

Homebuyers in Karnataka are increasingly frustrated with the state Real Estate Regulatory Authority (K-RERA), which has recovered only Rs 92 crore of the Rs 758 crore owed by builders for delayed or incomplete projects as of December 31, 2024. Despite favorable rulings, many buyers await refunds, highlighting K-RERAs limited enforcement capabilities. The absence of a clear project closure policy further exacerbates the issue, leaving buyers in limbo over ownership and access to common areas. Consequently, homebuyers feel that K-RERA functions more as a symbolic entity than an effective regulatory body. ...

Read More

Seal illegal structures even if notices issued: Telangana HC to GHMC

Monday 5th May 2025

The Telangana High Court has directed the GHMC to seal illegal constructions immediately, even if show cause notices have already been issued. The court criticized GHMCs delays in taking action, allowing unauthorized buildings to continue unchecked. This order followed a case in Shaikpet, where a builder violated approved plans. The court also raised concerns about possible collusion between officials, politicians, and builders. GHMC has since issued internal instructions for swift enforcement, warning staff of contempt charges for non-compliance. The move aims to curb rampant illegal construction and reinforce accountability in urban planning. ...

Read More

In Bengaluru, a builder allegedly defrauded over 32 tenants by leasing flats that had already been sold or were under mortgage

Thursday 1st May 2025

Bengalurus real estate market is experiencing a shift as homebuyers increasingly look to the citys outskirts for affordable housing options. With prices in central and established areas remaining high, many new residential developments are emerging on the periphery. While some buyers express concerns about the trade-offs between affordability and accessibility, the expansion of metro connectivity is expected to improve accessibility to these areas. Experts suggest that real estate prices are unlikely to decrease in the near future and may remain stagnant over the next few years. ...

Read More

Builder dupes over 32 tenants in Bengaluru by leasing already sold flats

Thursday 1st May 2025

In Bengaluru, a builder allegedly defrauded over 32 tenants by leasing flats that had already been sold or were under mortgage. One victim, Padma, leased Flats No. 305 and 405 at Sri Sai Balaji Meadows in Kodigehalli in November 2023, paying ?Rs 26 lakh in various forms. In January 2024, another individual, Sai Prashant, presented registered sale deeds for the same flats, dated September 13, 2021. Further investigation revealed that these flats were mortgaged with Indian Overseas Bank, which was preparing to confiscate them due to loan default. Authorities suspect the builder employed this scheme to lease multiple properties, collecting substantial amounts from each tenant. ...

Read More

Uttar Pradesh RERA removes 12 employees over integrity issues

Thursday 1st May 2025

The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has dismissed 12 employees over integrity concerns, including junior engineers, computer operators, and support staff. This action follows an anti-corruption team's recent arrest of a UP-RERA accountant accepting a bribe from a homebuyer. Chairman Sanjay Bhoosreddy emphasized the authoritys zero-tolerance policy towards misconduct, noting that all staff must submit integrity affidavits. To enhance transparency, UP-RERA has installed CCTV cameras throughout its offices and monitors employee and visitor movements. The authority also provides continuous training to improve staff discipline and performance. Additionally, a reference has been sent to the Uttar Pradesh Bar Council for action under the Advocates Act, 1961, in one case. ...

Read More

Telangana HC restrains GHMC, revenue officials from interfering with Banjara Hills property

Thursday 1st May 2025

The Telangana High Court has restrained GHMC and revenue officials from interfering with a property in Banjara Hills, Hyderabad, following a plea by the property owner. The petitioner claimed officials were attempting to dispossess them without due process. The court emphasized that no coercive action should be taken without proper legal procedure and documentation. It directed authorities to maintain the status quo until further notice. The case highlights concerns over unauthorized attempts by civic officials to seize properties. The matter will be heard further as the court examines the legality of the officials actions and the petitioners ownership claims. ...

Read More
jcb truck1 car1 car2 truck2

Have Questions on RERA ? Have free discussion on email.

About RERA Filing

About Us
Site Map
Contact us
RERA Enquiry
Feedback
Become a Partner
Disclaimer
Privacy Policy

RERA Services

Agent Registration
Project Registration
RERA Training
Project Extension
Project Quarterly Compliances
Change in Bank Account
Change in Project Name
Apply for Completion of Project

Useful Links

RERA Blogs
RERA News
RERA Videos
RERA Fees calculator
Infographics
RERA Quiz
Research
Become an Expert
FAQ's
Events
RERA Services

RERA in states

RERA in Maharashtra
RERA in Karnataka
RERA in Telangana
RERA in Andhra Pradesh
RERA in Delhi
RERA in Uttar Pradesh
RERA in Haryana
RERA in Gujarat
RERA in Bihar
View All

info@rerafiling.com

+919818821514

Disclaimer - RERA Filing is an independent consultancy and not affiliated with any government authority. Information provided is for guidance only and does not constitute legal advice.

Copyright © 2025 RERA Filing. All rights reserved.

loader