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Telangana RERA imposes ₹4.7 crore penalty on Bharathi Builders for pre-lauch sales

Telangana RERA has imposed a record Rs 4.7 crore penalty on Bharathi Builders for illegal pre-launch sales of its ‘Bharathi Lake View Apartments’ project. The builder collected substantial amounts from buyers without RERA registration and failed to commence construction or deliver the project within the promised timeline. Aggrieved homebuyers will receive full refunds with interest.
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Bangalore development body is a promoter: Karnataka REAT

Karnataka Real Estate Appellate Tribunal ruled that the Bangalore Development Authority (BDA) must comply with RERA regulations, including project registration, as it acts as a promoter when developing and selling plots. The tribunal upheld a K-Rera order regarding the Nadaprabhu Kempegowda Layout, dismissing BDA’s appeal. This decision impacts over 10,000 families awaiting project completion.
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Haryana RERA orders production warrant for jailed director of Vipul

Haryana Rera has issued a production warrant for Vipul Ltd director Punit Beriwala, currently in judicial custody, to appear before its adjudicating officer on March 13. This action is in connection with a homebuyer’s complaint against the realty firm regarding a real estate project dispute. The warrant ensures the case proceedings can continue despite Beriwala’s existing custody.
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UP-RERA imposes penalty of over ₹2.43 crore on two Lucknow-based builders for failure to upload QPRs

Uttar Pradesh RERA has fined two Lucknow developers a total of ₹2.43 crore. The penalties stem from repeated failures to upload mandatory quarterly progress reports for their registered projects. This action underscores the authority’s commitment to transparency in real estate development. Promoters are urged to comply with RERA regulations to avoid strict regulatory measures and financial penalties.
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Telangana RERA allows homebuyers to finish stalled project

Telangana authorities have empowered homebuyers to complete stalled housing projects after a builder’s default, a first under the RERA Act. Flat owners formed associations to finish construction on two projects by Jayathri Infrastructures. This move safeguards investments and ensures project completion, with one project already finished and another underway.
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OREAT dismisses promoter’s appeal against Odisha RERA conditions on Ghatikia project

Odisha Real Estate Appellate Tribunal upheld conditions set by ORERA for a housing project’s third phase registration. The promoter cannot execute sale agreements without re-validated building plan approval or occupancy certificate. This follows a land record dispute and a previous NGT order halting construction. The tribunal emphasized protecting homebuyers, stating corrected land records are crucial for valid agreements and possession.
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