Haryana RERA Penalizes Yashvi Homes

24 Feb 2024 CW Team

In a significant development within the real estate sector, the Haryana Real Estate Regulatory Authority (RERA) has imposed a substantial penalty on Yashvi Homes for a misleading advertisement related to the DDJAY project. The regulatory authority, known for its commitment to ensuring transparency and protecting the interests of homebuyers, took swift action after uncovering discrepancies in the project's promotional material.

Yashvi Homes, a prominent player in the real estate market, faced the penalty following an investigation into their advertising practices. The misleading information pertained to the DDJAY project, raising concerns among potential buyers and impacting the credibility of the real estate venture.

The penalty imposed by Haryana RERA underscores the importance of adherence to advertising standards within the real estate industry. Homebuyers rely heavily on accurate and transparent information when making significant investment decisions, and regulatory bodies such as RERA play a crucial role in maintaining the integrity of the market.

This development serves as a warning to other real estate entities, emphasizing the need for ethical advertising practices. The million-dollar penalty on Yashvi Homes is not only a financial setback but also a stain on the company's reputation. It highlights the consequences that companies may face if they engage in misleading promotional activities.

The real estate market, with its inherent complexities, demands a high level of accountability from developers. Haryana RERA's firm stance against Yashvi Homes sets a precedent for stringent oversight, sending a clear message that misleading advertisements will not be tolerated. Homebuyers can find assurance in the fact that regulatory bodies are actively working to maintain a fair and transparent real estate environment.

Infrastructure Urban

03 Apr 2026

Centre Disburses Over Rs 24,610 mn in XV Finance Commission Grants

The Union Government has released XV Finance Commission tied grants during the financial year 2025–26 to rural local bodies in Chhattisgarh, Gujarat, Madhya Pradesh, Punjab and Sikkim and has released withheld portions of tied and untied grants to Himachal Pradesh, Odisha and Tripura. The total disbursal exceeded Rs 24,610 mn, with figures expressed in million (mn) thereafter. The releases cover allocations pertaining to different financial years and aim to strengthen rural local governance. State-wise disbursements included Rs 3,324.6 mn for Punjab, Rs 9,432.7 mn for Madhya Pradesh, Rs 3,47..

Centre Releases Over Rs 15 bn as XV FC Grants to Rural Bodies

The Union Government has released over Rs 15 bn in grants recommended by the Fifteenth Finance Commission (XV FC) to strengthen Panchayati Raj Institutions (PRIs) and Rural Local Bodies (RLBs) in six states. The funds comprise tied and untied grants disbursed in FY 2025–26. Telangana received Rs 2.48 bn as the first instalment of untied grants for FY 2025–26, benefitting 12600 Gram Panchayats (GPs). Uttarakhand received Rs 913.1 mn as the second instalment and an additional Rs 18.4 mn of a withheld first instalment was released to a further 216 GPs. Mizoram is included among beneficiary st..

Government Assures Fuel Supplies And Seafarer Safety Amid West Asia Developments

The Government of India has stepped up coordinated measures to maintain stability in critical sectors as developments in West Asia continue to unfold. It has prioritised uninterrupted energy supplies, safeguarded maritime operations and extended consular assistance to nationals. Central authorities are working with State and Union territory administrations to ensure timely information dissemination and operational continuity. Refineries are reported to be operating at high capacity with adequate inventories of petrol and diesel, and domestic LPG production has been increased to support consump..