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Odisha’s real estate authority is pushing the state government for greater financial and administrative independence. Citing operational hurdles, ORERA highlighted its dependence on government approvals for staff recruitment and salary disbursal, impacting its ability to handle increasing complaints. This move aligns with central government advice to bolster state regulators, aiming to enhance efficiency, speed up grievance redressal, and boost consumer confidence in the real estate sector.

MahaRERA’s penalties on developers for delayed reports raise concerns about its oversight. Experts argue the regulator lacks mechanisms to verify developer disclosures, suggesting random inspections and AI monitoring. While MahaRERA prioritizes grievance redressal, critics point to potential loopholes in fund protection and the need for independent verification of project progress and financial statements to safeguard homebuyers.

Registered real estate agents in Uttar Pradesh will have to maintain books of accounts and customer transaction records in prescribed formats. Delay in filing quarterly transaction reports will attract a fee of ₹10,000 for the corresponding quarter.

Bihar’s Urban Development Minister Nitish Mishra has directed officials to expedite the resolution of homebuyers’ grievances and enhance transparency in the real estate sector. The minister emphasized protecting buyer interests, ensuring timely project completion, and promoting earthquake-resistant construction to foster sustainable urban development and attract investment.

GujRERA will soon display builders’ past project records and pending complaints on its website to enhance transparency for homebuyers. This move aims to hold developers accountable by linking promoter profiles to new project registrations, potentially denying approvals for those with serious unresolved issues.

Karnataka Real Estate Regulatory Authority faces a loss of control over its dedicated funds. The state government now manages the authority’s revenue, impacting its operational autonomy. This shift leads to delayed recruitment, slow complaint resolution, and infrastructure constraints. The authority seeks urgent restoration of control to function independently.

Karnataka Real Estate Regulatory Authority has ordered a builder to transfer project assets to the allottees’ association. This includes land khata, utility meters, funds, and pending amenities. The authority also mandated the restoration of power supply to a complainant’s apartment. The order aims to strengthen builder accountability towards residents.

Patna district administration and municipal body are jointly inspecting housing projects after satellite imagery revealed 29 builders allegedly flouting RERA norms. Mandatory RERA registration for projects with over eight flats or 500 sq metres land area is being enforced. Homebuyers are urged to verify RERA status before investing.

In a significant relief to homebuyers, landowners, and promoters across Odisha, the State Government has issued a Special Order to facilitate the registration of apartment units in projects completed prior to the implementation of the Real Estate (Regulation and Development) Act (RERA) on October 5, 2016.

Uttar Pradesh Chief Minister Yogi Adityanath has directed officials to simplify legal provisions for corporate restructuring, LLPs, and RERA real estate transactions to align with economic needs. He emphasized making the Stamp and Registration Department transparent, technology-driven, and citizen-centric, akin to passport service centers, to enhance ease of doing business and investor confidence.