H-RERA issues directive for sale of apartments

29 Apr 2021 CW Team

The Haryana Real Estate Regulatory Authority (H-RERA) has issued regulations for the sale of apartments or buildings in real estate projects on a carpet area basis.

Previously, apartments were sold on a super built-up area basis. After the issuance of the new regulations, sales on a super area basis shall be treated as fraudulent and an unfair trade practice by the promoters.

The Gurugram-based regulator warned that penal proceedings would be initiated against the promoter or the real estate agent violating the instructions.

Carpet area means the net usable floor area excluding the area covered by external walls, service shafts, balconies, verandahs, open terraces, according to the H-RERA Act, which came into effect on 1 May 2017. The conveyance deed shall be executed only on a carpet area basis. The sale of an apartment or building is only on a carpet area basis. So the sale of a super area or any other basis is illegal.

H-RERA told the media the practice of the sale of real estate on a super area basis is misleading, ambiguous, opaque, and gives rise to confusion and complexities and at times result in avoidable litigation.

These regulations have been made by the authority to ensure the sale of plot, apartment, or building, as the case may be, or sale of real estate projects, efficiently and transparently and to protect the interest of consumers in the real estate sector, said H-RERA.

Noting that before the Real Estate (Regulation and Development) Act of 2016 came into existence, there was a lack of a legal description for the term 'carpet area', H-RERA said the Act has provided a specific and concrete definition of carpet area, which now has addressed the vagueness and uncertainty in this regard.

Image Source

Also Read: Haryana RERA calls out Adani for ad

Also Read: Haryana RERA bans sale of 50,000 unregistered units

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..