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BUILDERS NEWS
Supertech 'main culprit' in duping homebuyers: Advocate tells SC; court points to builder-bank nexus
April 30, 2025 11:42 am
The top court Tuesday directed the CBI to conduct seven preliminary inquiries against developers, including Supertech Limited.
‘Time to expose the nexus’: Supreme Court pushes for CBI probe into builder-bank collusion in NCR
March 19, 2025 9:34 am
Thousands of bonafide homebuyers who trusted the developers are now crying, notes SC
MahaRERA upgrades software to prevent builders from using designated bank account for multiple projects
March 03, 2023 3:34 pm
This step was taken after MahaRERA found 1,781 projects where the same/common designated bank account has been linked with multiple real estate projects.
Govt asks local bodies to upload construction permissions to their websites, link them with MahaRERA
February 25, 2023 9:55 am
In case the local bodies do not have websites for this purpose, the Urban Development department directed them to design and activate the websites and integrate them with MahaRERA before March 31, 2023.
Seek exemption for constructed properties: Builders urge govt to delay jantri rate hike, meet CM
February 07, 2023 12:13 am
Representatives from Ahmedabad, Rajkot, Surat and Vadodara were part of the meeting that was led by the Confederation of Real Estate Developers’ Association of India, the apex body of realty developers in the country.
Maharashtra Government plans FSI bonanza for Mumbai builders
April 14, 2018 6:59 am
A controversial proposal of allowing builders an additional construction right, equal to 100 per cent of the plot’s area on payment of premium, is now being considered, said senior officials on condition of anonymity.
House panel seeks jail for errant agents, buyers too
July 25, 2015 2:44 am
The Appellate Tribunal provides for the next level of appeal for builders who are not satisfied with the orders of the regulatory authority and its orders.
Builders may have to include plan to save treated water
September 09, 2013 2:20 am
Developers proposing large housing projects may have to make a provision to direct the excess treated water from their housing colonies to maintain public spaces and gardens.
RBI clamps down on easy money for developers
September 07, 2013 10:50 am
The 80:20 scheme had benefited developers as they were getting funds at home loan rates.
SRA issues showcause to 300 builders
September 07, 2013 1:30 am
The SRA has identified over 400 such projects.
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