Haryana RERA Court Fines Vatika for Breaching Builder-Buyer Agreement

19 Apr 2024 CW Team

In a significant development, the Haryana Real Estate Regulatory Authority (RERA) has imposed a fine on Vatika Limited for breaching the builder-buyer agreement. This ruling highlights the regulatory oversight and enforcement mechanisms in place to safeguard the interests of homebuyers in the state.

The penalty imposed on Vatika Limited underscores the importance of adherence to contractual obligations and transparency in real estate transactions. By holding developers accountable for violations of builder-buyer agreements, Haryana RERA aims to instil confidence among homebuyers and promote fair practices in the real estate sector.

The case against Vatika Limited serves as a reminder to developers regarding the repercussions of non-compliance with regulatory norms and contractual obligations. It reinforces the principle that developers must fulfil their commitments to homebuyers and comply with the provisions of the Real Estate (Regulation and Development) Act.

The fine imposed by Haryana RERA underscores the authority's commitment to upholding consumer rights and ensuring accountability in the real estate market. It sends a clear message that regulatory bodies will take strict action against entities found guilty of flouting regulations and mistreating homebuyers.

As the real estate sector continues to evolve, regulatory interventions such as those by Haryana RERA play a crucial role in maintaining market integrity and protecting the interests of all stakeholders. The imposition of fines on developers for breaching builder-buyer agreements reflects the regulatory vigilance necessary to foster a transparent and responsible real estate ecosystem.

Infrastructure Transport

15 Oct 2025

BMC Gets CRZ Nod For Rs 40 Million Gorai Bridge Rebuild

The Brihanmumbai Municipal Corporation (BMC) has secured Coastal Regulation Zone (CRZ) clearance for the reconstruction of the Poisar River bridge in Gorai, located in Mumbai’s western suburbs. However, the proposed demolition of the existing 100-metre bridge has sparked opposition from local residents, who claim it serves as the only direct access route between the Lower and Upper Koliwada areas. The three-decade-old bridge, situated within the CRZ buffer zone, was recently declared structurally unsafe following a civic audit. The BMC has sanctioned its reconstruction at an estimated cost ..

NHAI Completes Rs 15.9 Billion Four-Lane Stretch On ECR

The National Highways Authority of India (NHAI) has completed the four-laning of the 38 km Puducherry–Poondiyankuppam stretch, ending near Cuddalore, in a development that will cut travel time by up to two hours, according to a report by The New Indian Express. The upgraded section, built at a cost of Rs 15.9 billion under the Bharatmala Pariyojana Phase I, marks a major milestone in the ongoing East Coast Road (ECR) widening programme. The project promises a smoother, faster drive for motorists travelling towards Cuddalore, Chidambaram, Sirkazhi, and Nagapattinam. With this completion, 22..

Encroachments Delay Rs 1 Billion Ghatkopar Bridge Project

The construction of a new cable-stayed rail overbridge at Ghatkopar and the widening of the Andheri–Ghatkopar Link Road (AGLR) have been delayed due to the presence of nearly 250 encroached structures on both sides of the road. In response, Municipal Commissioner Bhushan Gagrani has directed officials to carry out a structural audit of the existing bridge over the railway line and enforce temporary restrictions on heavy vehicles to ensure public safety. The bridge, which starts at the Golibar Road junction near LBS Marg and extends up to the Eastern Express Highway (EEH), serves as a critic..