home about categories posts news
discussions archive recommendations faq contacts

Hyderabad Real Estate Firms Hit with Penalties for Non-Compliance

January 23, 2025 - 22:08

Hyderabad Real Estate Firms Hit with Penalties for Non-Compliance

Hyderabad: The Telangana Real Estate Regulatory Authority (TG RERA) has imposed a penalty of ₹2 crore on several real estate firms for failing to comply with regulatory norms. This action underscores the authority's commitment to enforcing transparency and accountability within the real estate sector. The firms in question were found to have violated various provisions of the Real Estate (Regulation and Development) Act, which aims to protect the interests of homebuyers and ensure fair practices in the industry.

The TG RERA has been actively monitoring the activities of real estate developers to ensure they adhere to the established guidelines. Non-compliance not only affects buyers but also tarnishes the reputation of the real estate market in Hyderabad. Authorities have urged all developers to familiarize themselves with the regulations and maintain compliance to avoid penalties. The TG RERA's stringent actions serve as a reminder to the industry about the importance of ethical practices and consumer protection in the ever-evolving real estate landscape.


MORE NEWS

Baron Real Estate Fund Experiences Decline in Q1 2025

April 28, 2025 - 12:28

Baron Real Estate Fund Experiences Decline in Q1 2025

The Baron Real Estate Fund faced a challenging first quarter in 2025, reporting a decline that placed it below its benchmark, the MSCI US REIT Index. This underperformance has raised concerns among...

San Antonio Real Estate Market Remains Stable Despite Economic Concerns

April 27, 2025 - 20:43

San Antonio Real Estate Market Remains Stable Despite Economic Concerns

As the spring season unfolds, the San Antonio real estate market continues to demonstrate stability in both buying and renting prices. Experts describe the current market as `steady,` indicating...

Decline in Iraq's Real Estate Market: Understanding the Shift

April 27, 2025 - 20:38

Decline in Iraq's Real Estate Market: Understanding the Shift

Iraq’s real estate market has slowed considerably over recent months, marked by a notable decrease in housing demand, fewer sales, and stagnant prices affecting the capital and surrounding areas....

Surge in Luxury Condo Sales in Major Metro Areas

April 27, 2025 - 12:08

Surge in Luxury Condo Sales in Major Metro Areas

A luxury condo building still under construction is already selling out units, reflecting a remarkable trend in the real estate market. Recent reports indicate that sales of high-end condominiums...

read all news
home categories posts about news

Copyright © 2025 UrbMix.com

Founded by: Melanie Kirkland

discussions archive recommendations faq contacts
terms of use privacy policy cookie policy